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Westpac Altitude Black Credit Card Exclusive Offer (Altitude Qantas)

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Westpac Altitude Black Credit Card Exclusive Offer (Altitude Qantas)
APPLY BY 28 feb 17
100,000 Qantas Points when you spend $5,000 in 90 days from card approval.
No points capping and Westpac’s highest earn rate.
Complimentary airport lounge passes.
Add to comparison
Altitude Qantas
Altitude Qantas
1.5 pts
per $1 spent
after spend criteria

Pros & cons

What's good?

What's not so good?

100,000 Qantas Points when you spend $5,000 on eligible purchases on your new Card within the first 90 days from card approval.
24/7 Altitude Black Card Priority Service line and app to handle restaurant and taxi bookings or planning a party.
Redeem your Qantas points for flights, upgrades or consumer goods. Or if you choose to join the Altitude program, your Altitude points can be redeemed through Altitude Black Travel Service or converted into Virgin Australia’s Velocity points, Malaysia Airline’s Enrich Miles, Air New Zealand Airpoints, Singapore Airlines KrisFlyer Miles, Cathay Pacific AsiaMiles.
2 complimentary passes per year to use at over 700 VIP Priority Pass airport lounges worldwide.
2 complimentary Qantas Lounge invitations per year after your first Altitude Black Card spend on selected Qantas products and services.
2 complimentary passes per year to the American Express Sydney International Airport lounge.
Complimentary insurance cover including Overseas Travel Insurance, Extended Warranty Insurance and Transit Accident Insurance.
Using your Westpac Altitude World MasterCard will lift your Starwood Preferred Guest status up to Gold after a one night stay in a Starwood hotel.
Enjoy up to $25 on your first Uber ride.
The $395 p.a. annual fee is considerable.
The interest rates are up at the high end of the range.

Get 100,000 bonus Qantas or Altitude Points. The bonus points promotion is available to customers who apply and are approved for a new Westpac Altitude Black card between 17 October 2016 and 28 February 2017, pay the $395 annual fee and spend the minimum amount of $5000 on eligible purchases within 90 days from card approval on one or more transactions. Eligible purchases do not include fees, cash, cash equivalent transactions, BPAY, refunds and balance transfers debited from the card account. In order to be eligible, the account must be open and not in arrears at the time of crediting points. The bonus points depend on your choice of Rewards Program. The bonus Qantas or Altitude Points will be credited to your points balance in two increments – 50,000 and then 50,000 – within 60 days after the eligible spend criteria being met. Switches, upgrades, customers accessing employee benefits or packages are ineligible. This promotion is not available in conjunction with any other offer.


Our review of the Westpac Altitude Black Credit Card Exclusive Offer (Altitude Qantas)

Westpac’s credit card designers were certainly at the top of their game when they came up with the Westpac Altitude Black Credit Card, which neatly packages most of the features that any credit card user could ask for, even though it comes with the usual hefty fee for a black credit card. If you choose this card, you’ll want to hang around for at least a year to make the most of the multiple benefits, including choice of rewards, high points earning rates coupled with unprecedented 100,000 bonus Qantas points, and multiple complementary airport lounges.

QANTAS or Altitude points? Take your pick.

QANTAS frequent flyers can choose to earn QFF points, while anyone can opt for Westpac Altitude Rewards and redeem points for a range of consumer products, entertainment and travel, financial services and shopping gift cards, or even put them towards the purchase price of a new Holden. While you usually get a far greater dollar value from QFF points, Altitude points have the advantage of offering a range of redemption options, including converting them to points with Altitude’s partner airlines, which include Virgin Australia, Malaysian Airlines, Singapore Airlines, Air New Zealand and Cathay Pacific.

You can even set up auto-redemption for Virgin Australia Velocity points, automatically receiving one Velocity point in exchange for every two Altitude points you earn.

Westpac’s highest points earning rate, uncapped

This card account presents you with two cards – AmEx and MasterCard. The AmEx card carries Westpac’s highest points earning rate – uncapped – of 0.625 pts per $1 spent or 1.5 pts per $1 spent. Purchases on the MasterCard will earn a lower 0.625 pts per $1 spent / 1.5 pts per $1 spent in Australia, but 1.5 pts per $1 spent from overseas merchants. AmEx is clearly the best card to use locally, but MasterCard provides a useful fallback if AmEx is declined or attracts a surcharge.

An additional 1.5 pts per $1 spent is available for purchases made using the card from either QANTAS or the Altitude Rewards Travel Service, plus a very limited list of Premium Bonus hotel and restaurant partners.

‘Golden hello’ bonus points

Effectively a sign-up reward, a whopping 100,000 points (QFF or Altitude, depending on your reward choice) will be credited to your account as long as you spend a minimum of $5,000 on purchases with the card within 90 days of account approval. That’s just $1,666 per month.

To give you an idea of what this is worth, a $500 retail gift card can be yours for less than 100,000 points, while 100,000 QFF points will buy you 6 economy return flights between Sydney and Melbourne, with 4,000 points left over. Or go further afield, 2 economy return flights between Sydney and Fiji with 28,000 points leftover to start your next adventure. You’ll still need to pay the normal airline surcharges, taxes and fees.

Every conceivable complementary benefit

This is the area where, on top of the high points earning rate, the card justifies its $395 p.a. annual fee. (Note that you can get an additional card free of charge as well, unlike similar cards which charge around $65 for every extra cardholder.)

The extensive, money-saving complementary benefits include:

  • Multi-trip overseas travel insurance, saving you at least $800 a year for a family policy. Activate the cover by using the card for at least $500 of each trip’s pre-paid expenses.
  • Purchase security insurance, providing four months of loss, theft or accidental damage cover against goods purchased with the card (better than competing cards, which limit the cover to three months).
  • Extended warranty insurance of up to 24 months on card purchases (again, an improvement on competitors’ 12 months maximum extended warranty).
  • Price guarantee cover. Price difference refunded if you find it cheaper in a printed store catalogue within 21 days.
  • Interstate flight inconvenience cover for delays, cancellation, luggage loss or damage.
  • Rental car excess cover, overseas and in Australia.
  • Transport accident cover, providing cash compensation in the event of a serious accident sustained on public transport or a commercial airline .
  • Every year, two free QANTAS lounge passes or free Priority Pass membership worth $99, which again includes two lounge passes.
  • Two free passes per year to the AmEx lounge at Sydney International Airport.
  • Westpac’s 24/7 concierge service for assistance with travel, entertainment and restaurant information, recommendations and bookings. There’s also a Black Card Concierge app.
  • Using your Westpac Altitude World MasterCard will upgrade your Starwood Preferred Guest status up to Gold after a one night stay in a Starwood hotel.
  • Enjoy up to $25 on your first Uber ride.

That’s quite a list, and it not only matches but in some cases exceeds the benefits offered with other black cards.

Competing black cards

If you’re in the market for a black card, you’ll need to compare Westpac’s offerings with ANZ Rewards Black and ANZ Frequent Flyer Black cards, as well as the Citi Prestige card. The ANZ cards have annual fees and points earnings rates similar to the Westpac card, but the Citi Prestige card annual fee is a whopping $700 p.a., possibly because of its stellar overseas points earning rate and unlimited Priority Pass lounge access for the cardholder and a guest.

Westpac Altitude Black is designed for . . .

. . . someone who wants it all and would actually use it all. Someone who still expects top value per dollar spent: AmEx AND MasterCard; a choice of QFF points or Altitude Rewards; high points earning rate AND the 100,000 bonus points; multiple airport lounge passes and free insurance cover that’s better in some respects than competing cards.

Importantly, before you apply, you must have a good credit score, earn at least $75,000 minimum income, can handle the minimum credit limit of $15,000, won’t choke on paying the $395 p.a. annual fee and will put $5,000 spend through the card in the first 90 days. Lastly, if you are wise you will also avoid paying interest by not carrying a balance on your card month to month.

Basic details

About this card

Card setup
Dual Card
Card tier
Card type
MasterCard & AmEx
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Altitude Qantas
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Purchase date
Interest free period
Up to 45 days on purchases
Minimum repayment

Rates & fees

Ongoing interest rates

Cash advances 1.73% 20.74% p.a.
Purchases 1.69% 20.24% p.a.


Annual fee
$395 p.a.
Cash advance fee
Dishonour fee
Duplicate statement fee
Foreign exchange fee
Late payment fee
Over limit fee
Overseas ATM balance fee
Overseas ATM withdrawal fee
Overseas emergency card replacement fee
Transaction verification fee


Rewards program basics

First purchase bonus
100,000 points
Reward points expiry
Never as long as you keep your account active
Rewards program
Altitude Qantas
Spend required for bonus points
$5000 in 90 days

Earning points with this card

Frequent flyer points (amex)
1.5 pts per $1 spent
Frequent flyer points (mc)
0.625 pts per $1 spent
Overseas earn rate (amex)
1.5 pts per $1 spent
Overseas earn rate (mc)
1.5 pts per $1 spent
Points cap per month (amex)
Points cap per month (mc)
Points cap per year (amex)
Points cap per year (mc)
Reward points (amex)
1.5 pts per $1 spent
Reward points (mc)
0.625 pts per $1 spent

Additional benefits

Airport lounge access
Complimentary flight voucher
Concierge service

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $75,000 per year
Have a good credit history
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Joint applications are allowed
Temporary residents are eligible
Age Pension, Disability Pension, Veteran's Pension and Widower's Pension are acceptable.
Overseas Pension is not acceptable.
Austudy, Child Support Payments, Family Tax Benefits and Parenting Payments, Foster Care Allowance and Youth Allowance are acceptable.
Carer's Allowance is not acceptable.
Disclaimer: The minimum criteria pointers are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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