Westpac Altitude Rewards Platinum Card

Why we like the Westpac Altitude Rewards Platinum card

The Westpac Altitude Rewards Platinum Card is a solid option for those who want to earn flexible rewards points, who might not want the higher annual fee of more premium cards.

For every $1 of everyday spending you’ll earn 1.25 Altitude Rewards points, capped at $5,000 per statement period.

Cardholders also receive a discounted annual fee of $99 for the first year (reverts to $175 after the first year), complimentary overseas travel insurance, purchase protection insurance and extended warranty on purchases.

Sign-up bonus

Earn up to 100,000 bonus Altitude Rewards Points when you apply for the Westpac Altitude Rewards Platinum credit card!

The bonus is split into two parts. The first 75,000 Altitude Rewards Points will be awarded after you spend $3,000 or more on eligible purchases within the first 90 days of approval. You’ll receive an additional 25,000 bonus Altitude Rewards Points after your first eligible purchase in your second year of holding the Westpac Altitude Rewards Platinum card.

This offer is not available to existing customers who hold a Westpac Altitude Platinum or Altitude Black card with Altitude Rewards, Qantas or Velocity, or if you’ve held any of these cards in the last 24 months.

Wondering how far 100,000 Altitude Rewards Points can take you? As an example, you could transfer these points to Virgin Australia Velocity and fly from Adelaide to Sydney in Business Class for 23,500 Velocity points + taxes, converted from 70,500 Altitude Rewards Points.

Complimentary travel insurance

Westpac Altitude Rewards Platinum cardholders receive a range of insurances, including international travel insurance underwritten by Allianz. To be eligible for the complimentary international travel insurance, you must meet all of the following criteria:

• Reside in Australia,
• Begin and end your journey in Australia,
• Spend at least $500 on prepaid travel costs on your Westpac Altitude Rewards Platinum credit card before leaving Australia,
• Have a return overseas travel ticket before leaving Australia, and
• Be under 81 years of age at the time you’re eligible for insurance and meet the conditions above.

Ensure you read the PDS here before using the complimentary travel insurance on your Westpac Altitude Rewards Platinum card.

Earning points

With the Westpac Altitude Rewards Platinum credit card, you’ll earn Altitude Rewards points at a rate of 1.25 Altitude Rewards points per $1 spent on everyday transactions, excluding government payments. You’ll earn 2 Altitude Rewards points per $1 on international spend, while you’ll earn 1 Altitude Rewards point per $1 on other purchases. The full points-earning rate is capped at $5,000 per statement period, after which you’ll earn 0.5 Altitude Rewards points per $1.

Westpac Altitude Rewards points don’t expire as long as your account is active. If you close your account, you’ll have 90 days to use your points.

Earning points for ATO & government payments

You won’t earn any Altitude Rewards Points on direct payments to the Australian Tax Office (ATO), or other Australian government bodies.

But you can use your Westpac Altitude Rewards Platinum credit card with a payment service such as Pay.com.au. This allows you to pay taxes and other bills to collect Altitude Rewards Points from your card.

Using Westpac Altitude Rewards Points

Westpac Altitude Rewards Points can be converted to points or miles in five other loyalty programs, with a minimum transfer of 3,000 Westpac Altitude Rewards Points at a time. Here’s the full list of transfer partners:

Transfer partners	1 Westpac Altitude Rewards Point equals…
Air New Zealand Airpoints	0.0055 Airpoints Dollars
Cathay (Asia Miles)	0.33 miles
Everyday Rewards (Woolworths)	0.67 points
Singapore Airlines KrisFlyer	0.33 miles
Virgin Australia Velocity	0.33 points

Westpac Altitude Rewards regularly offers 15% bonus points on transfers to Virgin Australia Velocity during May and November.

See our Overview of Westpac Altitude Rewards Transfer Partners for more information.

Alternatively, you could redeem your points through the Westpac Altitude Rewards program for rewards including:

• Gift cards
• Cashback
• Retail products
• Donations

Westpac Altitude Rewards Points cannot be converted into Qantas Frequent Flyer points directly, although you can transfer them via Everyday Rewards and then to Qantas. You can also view our guide to the best Qantas credit card offers, or browse other credit cards in Australia.

Summary

Frequently Asked Questions (FAQs)