Altitude Platinum (Altitude Rewards) card image

Westpac Altitude Platinum

Advertiser disclosure

The details shown below are for a card with Altitude Rewards

The details shown below are for a card with Velocity Frequent Flyer

The details shown below are for a card with Qantas Frequent Flyer

Choose the version of this credit card that suits you best

  • Altitude Platinum (Altitude Rewards)

    Rewards: Altitude Rewards

  • Altitude Platinum (Velocity Frequent Flyer)

    Rewards: Velocity Frequent Flyer

  • Altitude Platinum (Qantas Frequent Flyer)

    Rewards: Qantas Frequent Flyer

Purchase rate
20.49% p.a.
Balance transfer rate
0% p.a. for 22 months and then 21.49% p.a. (1.00% balance transfer fee)
Annual fees
$150 $49 in the first year
Interest free days on purchases
45
Go to site
Purchase rate
20.49% p.a.
Balance transfer rate
0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)
Annual fees
$200 $149 in the first year
Interest free days on purchases
45
Purchase rate
20.49% p.a.
Balance transfer rate
0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)
Annual fees
$200 $149 in the first year
Interest free days on purchases
45
Go to site

Mozo editorial review Westpac Altitude Platinum - last updated: 24 June 2021

binocular icon
What's hot
  • Score up to 130,000 Altitude bonus points (spending criteria applies)
  • Up to 45 interest-free days on purchases
  • Complimentary travel insurance
What's not
  • 20.49% p.a. purchase rate
  • Discounted annual card fee of $49 reverts to $150 after the first year of Altitude rewards
Mozo snapshot

Heading to a store and swiping your plastic with the knowledge that your purchase will earn you a little extra something, is certainly a satisfying feeling; and that’s where the Westpac Altitude Platinum comes in. On top of points earning power, the card also comes with a number of perks, including complimentary travel insurance, concierge services and purchase protection for purchases made on the card. However, the card does come with an annual fee starting from $150, but this is only $49 for the first year.

key icon
Key features

For the most part, the aim of the game with rewards credit cards is to earn points, so getting a boost when you first pick up your card can really help. So you’ll be glad to hear that if you spend $3,000 on eligible purchases in the first 90 days of having the Westpac Altitude Platinum (Altitude Rewards option) you’ll be eligible for up to 130,000 bonus Altitude Points (offer terms end 30 November 2021). 

On the other hand, if you go with the Qantas Frequent Flyer option and spend at least $3,000 on eligible purchases in the first 90 days, you could earn 60,000 bonus Qantas Frequent Flyer Points (offer terms end 30 November 2021).

For frequent travellers, the Qantas Frequent Flyer version of the card lets you automatically link your credit card with your Qantas Frequent Flyer account, where you can score 0.5 Qantas points per $1 spent on Mastercard, plus bonus points on some Qantas products and services. There is a $150 annual fee to budget for, plus a $50 Qantas fee, but this is discounted to $99 in the first year for the Qantas program..

Alternatively, if you decide to go with the Altitude Rewards option you'll still be able to transfer your points to a number of airline rewards programs, including, Air New Zealand Air Points and Enrich, or you can book through Altitude Travel. This in addition to all the gift cards and retails rewards you can pick up by cashing in your bonus points. With this option, for every $1 spent on Mastercard, you’ll earn 1 Altitude Rewards point. 

Earning points isn’t the only advantage to a rewards credit card, of course, there’s also a number of other perks, including insurance for extended warranty, purchase protection on purchases made with the card, and transit accidents. When travelling you can cash in on the complimentary travel insurance once you've spent $500 on prepaid travel costs like airline tickets or accommodation. You'll also be feeling ritzy at home with a dedicated 24/7 concierge service tending to your every whim, from organising concert tickets to making restaurant reservations.

Above and beyond all this talk of rewards and perks, the card does have some more standard features. These include a free additional cardholder so you can earn points faster, the ability to pay through Google Pay, Samsung Pay and Fitbit, a 20.49% p.a. purchase rate and up to 45 interest-free days.

Plus for a limited time, you'll receive a 0% balance transfer rate for the first 18 months on the Qantas Rewards and 22 months with Altitude (reverts to 21.49% p.a.) with a 1% BT fee. 

In terms of annual fees, both options have annual fee of $150, however the Altitude Rewards is discounted to $49 in the first year and Qantas is discounted to $99 (but the extra $50 Qantas fee with the Qantas Frequent Flyer version is applicable in the first year). These offers are available to new cardholders who apply before 30 November 2021. Be sure to read the fine print, as other terms and conditions could apply as well. 

snapshot
Who is it good for

Regular travellers who can take advantage of both the complimentary travel insurance and the points earning potential could squeeze a lot of value out of this card. 

As long as you make sure that you’re earning more value from the points than the cost of the annual fee so your spending is working in your favour, then this card could be for you.

question icon
Any catches

If you decide to go with the Qantas Frequent Flyer option of the Westpac Altitude Platinum card, be aware that each year you'll incur an additional $50 annual fee as apart of the Qantas Frequent Flyer reward program, bringing the total annual fee to $200 each year (bar the first discounted year).

Rewards program details

Rates and fees information correct as at 3 August 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return

212,000 points

Fly Sydney to Melbourne one-way

15,600 points

$100 Giftcard

24,100 points

$100 Cash

20,000 points

Points earning

1 point per dollar on Mastercard, uncapped

Rewards scheme

Transfer points to a range of airline programs or redeem your points for travel, gift cards, retail rewards and shopping gift cards.

You can get flights via Air New Zealand Air Points, Enrich or KrisFlyer programs, or by booking through Altitude Travel.

Earn 3 points per dollar spent on flights booked in Australia directly with selected airlines up to $10,000 points per month. Earn 2 points per dollar spent at Spotify Premium, Airbnb, Uber and Uber Eats, and overseas transactions.

Special offers

Receive 130,000 bonus Altitude Points when you spend at least $3,000 within 90 days from card approval.

Value of rewards points

Spend $20,000 (Mastercard)

Spend $24,100 (Mastercard)

Spend $15,600 (Mastercard)

Spend $212,000 (Mastercard)

Uncapped

Never

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates

20.49% p.a.

none

0% p.a. for 22 months and then 21.49% p.a. (1.00% balance transfer fee)

yes

21.49% p.a.

45

Fees

$150.00

$49 in the first year

none

none

$15.00

2%, Min $2.50, Max $150

3.00%

$0.00

$0.00

$0.00

Features

$10.00

2.0

1

none

Payment options

Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Rewards privileges

Travel Insurance,
Extended Warranty,
Purchase Protection

Rewards program details

Rates and fees information correct as at 3 August 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return

119,600 points

Fly Sydney to Melbourne one-way

7,800 points

$100 Giftcard

21,800 points

$100 Cash

-

Points earning

0.5 points per dollar on Mastercard, uncapped

Rewards scheme

Points are automatically credited to the Velocity Frequent Flyer program.

All rewards are redeemed via Velocity Frequent Flyer.

Special offers

Receive 60,000 bonus Velocity Frequent Flyer Points when you spend at least $3,000 within 90 days from card approval.

Value of rewards points

Spend $43,600 (Mastercard)

Spend $15,600 (Mastercard)

Spend $239,200 (Mastercard)

Uncapped

Never

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates

20.49% p.a.

none

0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)

yes

21.49% p.a.

45

Fees

$200.00

$149 in the first year

none

none

$15.00

2%, Min $2.50, Max $150

3.00%

$0.00

$0.00

$0.00

Features

$10.00

2.0

1

none

Payment options

Apple Pay, Google Pay, Samsung Pay

Rewards privileges

Travel Insurance,
Extended Warranty,
Purchase Protection

Other benefits

2 complimentary Economy X Seat Upgrade Vouchers each year to use on selected domestic Virgin Australia flights.

Rewards program details

Rates and fees information correct as at 3 August 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
What your points get you

Fly Sydney to London return

110,400 points

Fly Sydney to Melbourne one-way

8,000 points

$100 Giftcard

19,010 points

$100 Cash

-

Points earning

0.5 points per dollar on Mastercard, uncapped

Rewards scheme

Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer.

Bonus points on selected Qantas products and services.

Special offers

Receive 60,000 bonus Qantas Points when you spend at least $3,000 within 90 days from card approval.

Value of rewards points

Spend $38,020 (Mastercard)

Spend $16,000 (Mastercard)

Spend $220,800 (Mastercard)

Uncapped

Never

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates

20.49% p.a.

none

0% p.a. for 18 months and then 21.49% p.a. (1.00% balance transfer fee)

yes

21.49% p.a.

45

Fees

$200.00

$149 in the first year

none

none

$15.00

2%, Min $2.50, Max $150

3.00%

$0.00

$0.00

$0.00

Features

$10.00

2.0

1

none

Payment options

Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Rewards privileges

Travel Insurance,
Extended Warranty,
Purchase Protection

Customer Reviews

How are Westpac credit cards rated by the Mozo community?

Overall
6.8/10
Price
5.9/10
Features
6.0/10
Customer service
6.9/10
Convenience
7.6/10
Trust
7.0/10

Latest reviews of Westpac Altitude Platinum Credit Card

About Westpac