Westpac Altitude Black Credit Card Exclusive Offer

My monthly spend: 
card features
rewards program
earn rate
sign up bonus
your earnings
Westpac Altitude Black Credit Card Exclusive Offer
APPLY BY 26 oct 17
80,000 + Bonus 20,000 Qantas or Altitude Points. New cards only. Min spend and T&Cs; apply.
$200 off the first year annual card fee (bringing the fee to $195).
2 complimentary passes per year to use at over 700 VIP Priority Pass airport lounges worldwide.
Add to comparison
Altitude Rewards
Altitude Rewards
1.25 pts
per $1 spent
after spend criteria

Pros & cons

What's good?

What's not so good?

80,000 Qantas or Altitude Points when you spend $5,000 on eligible purchases on a new Altitude Black credit card within 90 days from card approval + BONUS 20,000 Points on card approval.
$200 off the first year annual card fee.
Earn 1.25 pts per $1 spent on the Amex worldwide and 0.625 pts per $1 spent on the Mastercard in Australia.
24/7 Altitude Black Card Priority Service line.
Redeem Altitude points through Altitude Black Travel Service or convert your points into Virgin Australia’s Velocity, Malaysia Airline’s Enrich, Air New Zealand Airpoints, Singapore Airlines KrisFlyer, 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 American Express Sydney international Airport lounge passes.
The $195 p.a. annual fee is considerable but has been reduced from $395 p.a. until 26th Oct 2017 for new cards only.

The bonus points promotion is available when you apply for a new Westpac Altitude Black credit card via this page between 4 September 2017 and 26th October 2017. The bonus points will be credited to your points balance as follows: 20,000 points within 8 weeks of card approval and 80,000 points within 12 weeks after the eligible spend criteria being met. Spend criteria is a minimum amount of $5,000 on eligible purchases within 90 days from card approval. Eligible purchases do not include fees, cash, cash equivalent transactions, BPAY, refunds and balance transfers debited from the card account. To be eligible, the account must be open and not in arrears at the time of crediting points. Existing Westpac customers who currently hold an Altitude Platinum credit card, or who have held one in the last 12 months are not eligible for this offer. You must be a member of the Qantas Frequent Flyer program to earn Qantas Points. A joining fee may apply. Membership and Qantas Points are subject to the Qantas Frequent Flyer Terms and Conditions.


Our review of the Westpac Altitude Black Credit Card Exclusive Offer

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 (discounted, however, in the first year). 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 substantial bonus points, and a suite of complimentary benefits.

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 larger 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, and all points are uncapped. Here are the details:

AmEx card: 1.25 QFF points or 2.5 Altitude points per dollar spent

MasterCard: 0.625 QFF points or 1.25 Altitude points per dollar spent with Australian merchants

MasterCard: 1.25 QFF points or 2.5 Altitude points per dollar spent with overseas merchants (including online)

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 1.0 bonus points per dollar is available for purchases of Qantas flights and upgrades made using the card.

''Golden hello’ bonus points

There’s the potential to earn a whopping 100,000 first-purchase points – QFF or Altitude, depending on your reward choice. The first 20,000 is yours automatically, credited to your points account within eight weeks of card approval. The final 80,000 points come almost as easily, yours as long as you spend a minimum of $5,000 in the first 90 days. That’s $1,667 per month, an achievable target for most people considering a black-tier credit card.

To give you an idea of what this is worth, 100,000 Altitude points is almost enough for a $500 David Jones eGift card (105,000 points), while 100,000 QFF points is more than enough for a return economy flight to Los Angeles (90,000 points). Convert the Altitude points to Velocity, and the resulting 50,000 points could be used for three return economy flights between Sydney and Melbourne, with 3,200 points remaining.

First year annual fee reduction

Although the ongoing annual fee for this card is a high $195 p.a., in the first year of holding the card you will pay just $195, significantly reducing the cost of trying out the card to see if it is a good fit for you.

Every conceivable complementary benefit

This is the area where, on top of the high points earning rate, the card justifies its $195 p.a. annual fee after the first year. (Note that you can get an additional card free of charge, unlike similar cards which charge around $65 for every extra cardholder.)

The extensive, money-saving complementary benefits include:

  • Multi-trip overseas travel insurance for trips lasting up to six months, saving you at least $750 a year for a family policy. Activate the cover by using the card for at least $500 of each trip’s prepaid 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 a recent purchase advertised at a lower price 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 .
  • Two free Qantas or Priority Pass airport lounge passes, every year.
  • Two free entries 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.
  • Waived QFF joining fee for the primary cardholder, if not already a member.
  • American Express Connect, bringing you exclusive offers and discounts for entertainment, dining and shopping.

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

Westpac Altitude Black is designed for . . .

. . . someone who wants it all and can afford to pay for it, but still expects top value per dollar spent: AmEx AND MasterCard; a choice of Altitude Rewards OR QFF points; high points earning rate AND bonus points; Qantas or Priority Pass lounges passes AND AmEx lounge passes; and free insurance cover that’s better in many respects than the cover provided by competing cards.

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 Rewards
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
$195 p.a.
Annual fee 2nd year
$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


Cool stuff you can get with your points

Disclaimer: Does not include taxes, fees, or charges. Accurate as of 25th January 2016.

Rewards program basics

First purchase bonus
80,000 points
Reward points expiry
Never as long as you keep your account active
Rewards program
Altitude Rewards
Spend required for bonus points
$5,000 in 90 days

Earning points with this card

ATO payment earns rewards (amex)
ATO payment earns rewards (mc)
Frequent flyer points (amex)
1.25 pts per $1 spent
Frequent flyer points (mc)
0.625 pts per $1 spent
Overseas earn rate (amex)
2.5 pts per $1 spent
Overseas earn rate (mc)
1.25 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)
2.5 pts per $1 spent
Reward points (mc)
1.25 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.

Similar cards

More cards like this one

This card is listed in these comparisons

Still need help? Ask us a question

Fire away
We welcome your questions but we cannot help if you need personal financial advice or if have lost your card or need to resolve a dispute with your bank.
as seen in
Compare these cards: