Westpac Altitude Platinum Credit Card – Details & Application
Apply for the Westpac Altitude Platinum credit card and earn Altitude Rewards points.
This card is unique because it is not one, but two credit cards on the same account. These cards are combined into one easy statement and one credit limit, but more importantly they earn points as one. This gives you more opportunities to earn points. For credit card users who want a bit more back from their card this is one to consider.
| Product Name | Westpac Altitude Platinum Cards | |
|---|---|---|
| Balance Transfer Rate | 3.99% p.a. for 6 months | |
| Interest Rate on Purchases | 19.99% p.a. | |
| Offer end date | 1 July 2013 | |
| Annual Fee | $150 p.a. | |
| Interest Free Period | up to 45 days | |
| Interest Rate on Cash Advances | 21.49% p.a. | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$5,000 | |
| Max Credit Limit | $50,000 | |
| Minimum Monthly Repayment | 2% | |
| Credit Card Type | American Express/MasterCard | |
| Late Payment Fee | $9 | |
| Complimentary Travel Insurance | Yes | |
| Available to Temporary Residents | Yes | |
| Joint Application | No |
Westpac Altitude Platinum Points
- Earn 2.00 Altitude points for every dollar spent on the Altitude Platinum American Express Card.
- Earn 1.00 Altitude point for every two dollars spent on the Altitude Platinum Visa or MasterCard.
- No expiry on points.
- Bonus of 20000 Altitude points when you make your first purchase on either card.
- One bonus point for each dollar spent with participating bonus partners here in Australia.
- One bonus point for each dollar spent on trades with Westpac Investing.
Of course, no one chooses a card because of the reward scheme alone, which is why the Westpac Altitude Platinum card gives you excellent rates and benefits too. Although this platinum card comes with a $150 p.a. annual fee it offers back benefits. This card offers a balance transfer offer which lets you move your existing non-Westpac credit card debt to your new card so you can lower your interest rates. Currently the rate is 3.99% p.a. for 6 months. This extended introductory period gives you more time to pay off your debt and frees you from the high interest rates of your old credit cards.
Westpac Altitude Platinum credit card
- Free Overseas Travel insurance on trips up to three months long.
- Free Purchase Security insurance for three months.
- Free Extended Warranty insurance for up to one year.
- Purchase interest rate of 19.99% p.a..
- Cash advance interest rate of 21.49% p.a.
- Balance transfer rate of only 3.99% p.a. for 6 months.
- Up to 45 interest free days on purchases.
If you want to earn more points and have a prestigious card in your wallet the Westpac Altitude Platinum card is one to look at. This card gives you ways to earn points and take advantage of platinum perks. The Westpac Altitude Platinum card allows you to start earning points with two cards and one easy statement.
Read the Westpac Altitude Platinum Cards terms and conditions.
| Minimum Income | $30,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | Yes - Conditions apply | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $5,000 | |
| Max Credit Limit | $50,000 |
| Annual Fee | $150 p.a. | |
|---|---|---|
| Minimum Repayment | 2% | |
| Late Payment Fee | $9 | |
| Over Limit Fee | $9 | |
| Overseas Emergency Replacement | $0 | |
| Overseas ATM Balance check | $0 | |
| Overseas ATM Withdrawal | $2.50 | |
| Foreign Currency Conversion Fee | 2% | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $0 |
Pros
- 3.99% p.a on balance transfers for the first 6 months (after this it converts to 19.99% p.a).
- You can choose from a variety of airlines with which to claim your points as opposed to a set package with one airline.
- There is no expiry on the points you earn on your card.
Cons
- There are only 45 days interest free when you make a purchase on your card.
- A high annual fee of $150, so this card is not worth the fees unless you plan to milk your rewards package!
- Unless, you pay back your balance transfer in the first 6 months, you will be charged on your outstanding balance an interest rate of 19.99%
Read the Westpac Altitude Platinum Cards terms and conditions.
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Can my son get free travel insurance by me using my card?
Hi Sean. Yes, but you both have to travelling together. Watch this video for some basics about complimentary international travel insurance. Consult the terms and conditions for specifics. Jacob.
can these points be transfered to qantas frequent flyer points. if so is it point for point?
Hi Chris. Thanks for your question. The Altitude program is separate to the Qantas Frequent Flyer program. Westpac have separate Qantas direct earn products. If you would like information on Altitude transfer partners, please check this page. Sorry for the lateness of this response. Jacob.
Is a second card for spouse free?
Hi Ray. There’s no fee for getting a second cardholder added to the account. Thanks for your question.
Do you earn points for the money you transfer (balance transfer) or just new purchases?? thanks
Hi Lauren. According to the terms and conditions points are not earnt on:
‘- government charges (other than GST payable in connection
with the purchase of goods or services on which you earn
points)
- interest and other bank fees and charges (including any GST
payable on any of these)
- cash advances (any transaction treated by us as a cash
advance as further explained in the “Interpretation” section
– clause 18 below)
- balance transfers
- Bpay payments; ie bill payments and other payments made
through the Bpay Electronic Payments Scheme’. Thanks for your question. Hope this has helped.
Is it possible to transfer Altitude points to Velocity points?
Or are Altitude points transferrable for flights?
Hi Stephanee. Thanks for your question. You can convert Altitude points for Velocity Points at the rate of 2 Altitude Points to 1 Velocity Rewards Point. At least 3,000 points per exchange. Anything over 3,000 points must be done in 500 point increments at a time. 3 days transfer duration. Altitude Points can be redeemed for travel vouchers through the Altitude Rewards Store. Cheers.
Where on the website does it say to which airlines you can transfer your Altitude points?
Hi Aurora. Thanks for your question. Altitude Points can be transferred to the following airlines: Asia Miles, Air New Zealand Air Points, Singapore Airlines Krisflyer Miles and Virgin Velocity Points. For a calculator to show points conversion between airlines, please check the Altitude website. Cheers.
1. For overseas Travel Insurance what percentage of the fare do you have to pay with the Visa card in order to qualify for the travel insurance? (The Airlines charge a large premium)
2. If a claim has to be made, is there an excess to be paid, and how much is it?
(Westpac Visa Platinum)
Hi Jenny. Thanks for your question. According to the Westpac complimentary travel insurance terms and conditions, cover is extended to cardholders who pay for, ‘the total value (i.e. including but not limited to money and/or reward type points and/or staff discounts) of the return overseas travel ticket (but not taxes, airport or travel agent charges)’ on an eligible Westpac credit card. The excess you have to contribute will depend on the type of claim you make. Hope this helps.
Please note everyone from 28 June 2013 points per month WILL be capped at 7500. Beware.
Hi MIchelle. Thanks for writing in with this one. According to Westpac: ‘Effective for each statement cycle commencing on and from 17 June 2013, a points cap of 7,500 points applies when using either or both cards. Bonus points do not count towards the points cap.’ Hope this helps.
I have just booked all round trip Mackay to New zealand then paid a full trip on P&O line for ten day cruise all by platinum visa and used Altitude points (flights to and from NZ) leave on the 24th April return on 24th May2013 what travel insurance cover do my wife and I have with this holiday package,if any? Please advise me so that I can take steps to cover the trip.John
Hello John, thanks for the question.
The insurance policy offered through the Westpac Altitude Platinum Credit Card will cover cardholders, their spouses and dependent children provided the person is up to and including 80 years of age when they become eligible for cover. The travel insurance will cover trips of up to 6 months, including any secondary trips such as international cruises. For more information or to find out what kinds of cover is available to you, it may be useful to call Zurich, which is the insurance provider for this card.
I hope this helps,
Marc.
It’s about time this was updated. Westpac now caps the total monthly points from June onwards, regardless of credit card spending.
Hi Brian. Thanks for writing in about this. The cap will take effect from 17 June 2013. We are putting a notice on the relevant pages about this until then. Thanks again. Jacob.
I am considering changing my Altitude Platinum Card to a no annual fee type card or at least a lower annual fee one, probably with another institution. I am considering this , partly as a protest to Westpac’s decision to cap points earned per month from June 2013. After 20 years in a relationship with Westpac (I have their Visa card), I have made zero claims on the travel insurance and extended warranties, I feel very UNREWARDED! Please comment and advise of card options.
Hi Peter. Thanks for your question and your comments. To compare cards with no annual fee, please check this page – it has a number of different providers for you to choose from. The cards listed on this page are considered low rate credit cards. These cards have reduced purchase rates of interest and are cheaper to use than platinum cards or frequent flyer credit cards. Please compare both pages as some of the cards overlap between the two different categories. Let me know if you need any more information. Regards. Jacob.
Can I have a Visa card instead of MasterCard?
Hi Milvan. Thanks for your question. When you apply for this card, on the first screen it will ask you which card you want to have: a Visa / American Express or a MasterCard / American Express. Jacob.
Beware, Westpac have just capped there points. I have just switched over to NAB. So I’ll use my Westpac cards until 20,000 points and then I’ll use my NAB cards,
Do your homework.
Hi Geoff. Thanks for sharing this information with other users in our community. Jacob.