2 photos
Westpac Altitude Black
2.9 from 78 reviews · View Statistics

Are rewards credit cards worth it?

Getting rewarded for spending money sounds like an ideal scenario. But will a rewards card really give you bang for your buck? This short guide will take you through the things to think about before signing up for a new rewards credit card.

Read now
Buying Guide Banner

Pros

  • Uncapped points earning

  • Lounge passes and travel insurance included

Cons

  • Annual fee is not inclusive of Velocity or QFF membership fee

  • $75,000 minimum income required

Details

Compare all 6 Westpac Altitude Black
Pros
  • 150,000 bonus Altitude points when you spend $4,000 on eligible purchases within 90 days of new card approval

  • Uncapped points earning

  • Lounge passes and travel insurance included

  • Uncapped points earning

  • Lounge passes and travel insurance included

  • Earn up to 120,000 bonus Qantas Points

  • Uncapped points earning

  • Lounge passes and travel insurance included

  • Receive both a Westpac Altitude Black Mastercard and an American Express Westpac Altitude Black Card

  • Uncapped points earning

  • Lounge passes and travel insurance included

Cons
  • Annual fee of $250

  • Minimum credit limit of $15,000 may be too high for you

  • $75,000 minimum income required

  • Annual fee of $250 + Velocity joining fee

  • $75,000 minimum income required

  • Annual fee of $250 + QFF joining fee

  • $75,000 minimum income required

  • Total annual fee of $449

  • $75,000 minimum income required

  • May be hard to juggle the different rates and conditions of two cards

CategoryBalance Transfer Credit Cards and Rewards Credit CardsRewards Credit CardsRewards Credit CardsRewards Credit Cards
Card TypeMastercardMastercardMastercardAmerican Express
BenefitsSign-Up Bonus Points OfferComplimentary Travel Insurance and Sign-Up Bonus Points OfferComplimentary Travel Insurance and Sign-Up Bonus Points OfferComplimentary Travel Insurance and Sign-Up Bonus Points Offer
Minimum Credit Limit $15,000$15,000$15,000$3,000
Maximum Credit Limit $75,000$75,000$75,000$75,000
Minimum Income $75,000$75,000$75,000$75,000
Additional Cardholders 1111
Additional Cardholder Fee $0 p.a.$0 p.a.$0 p.a.$0 p.a.
Minimum Repayments2%2%2%2%
Rewards ProgramWestpac Altitude RewardsVelocity Frequent FlyerQantas Frequent FlyerWestpac Altitude Rewards
Points Earn Rate 1.25 points per $10.75 points per $10.75 points per $13 points per $1
Points Conditions
  • Earn 2 points per dollar spent at Spotify Premium, David Jones, Myer, THE ICONIC, Airbnb, Uber and Uber Eats.
  • Earn 1.25 points per dollar on all other eligible purchases.
  • You can also earn additional Altitude Points with selected airlines. There is no cap on earn rate.
  • 0.75 Qantas points per $1 spent on eligible purchases.

There is no cap on earn rate.

  • 3 points per $1 spent in Australia, excluding government bodies.
  • 5 points per $1 spent in foreign currency.
  • 1 point per $1 spent at government bodies in Australia. There is no cap on earn rate.
Contactless PaymentsApple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung PayApple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung PayApple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung PayApple Pay, Fitbit Pay, Garmin Pay, Google Pay and Samsung Pay
Rates & Fees
Purchase Rate20.49% p.a.20.49% p.a.20.49% p.a.20.24% p.a.
Cash Advance Fee2%2%2%2%
Late Payment Fee$15$15$15$15
Annual Fee$250 p.a.$250 p.a.$250 p.a.$199 p.a.
Foreign Transaction Fee 3%3%3%3%
Interest Free Period 45 days45 days45 days45 days
Cash Advance Rate21.49% p.a.21.49% p.a.21.49% p.a.21.49% p.a.
Introductory Offers
Sign-Up Bonus

150,000 bonus Altitude Points when spend $4,000 on eligible purchases within 90 days from card approval.

Receive 120,000 bonus Velocity points when you spend $4,000 on eligible purchases within 90 days of card approval. Receive an additional 30,000 bonus points after making the first eligible purchase in the second year of your card account being active.

Receive 90,000 bonus Qantas points when you spend $4,000 on eligible purchases within 90 days of card approval. Receive an additional 30,000 bonus Qantas points after making the first eligible purchase in the second year of your card account being active.

150,000 bonus Altitude Points when you spend $4,000 on eligible purchases within 90 days from card approval.

Balance Transfer Rates
Balance Transfer Period 18 months18 months18 months
Balance Transfer Rate 0% p.a.0% p.a.0% p.a.
Balance Transfer Fee 1%1%1%
Compare all 6 Westpac Altitude Black
Visit official website

Reviews

  • Transparency
    3.6 (45)
  • Customer Service
    3.5 (48)
  • Rates and Fees
    2.9 (47)
  • Rewards
    3.8 (45)
  • Online Experience
    3.5 (47)
  • Application Process
    3.6 (42)
Previous
Next
Murrayks
MurrayksSydney Surrounds, NSW

Don't sign up - they have descended into rubbish

published
Transparency
Customer Service
Punny
PunnyGreater Melbourne (Metropolitan), VIC
  • 4 reviews

Useless card with a lack of benefits

published

I have had this card for over 20 yrs and the benefits of it are it is not really worth having. Westpac now say no points for govt spend, meaning any govt spend, so all of my bills I was paying suddenly gives me no points. This would have to be the worst card for a $250 fee with measly benefits. I was a customer for over 20 yrs but no more I will be cancelling this card and moving banks.Westpac start treating your customers with respect instead of taking all the time it wouldn’t be bad on your end to give something back.

Transparency
Customer Service
Anonymous
AnonymousSydney, NSW

Poor over the phone service with broken telephony system

published
Transparency
Customer Service
Rewards Credit Cards

Find out how Westpac Altitude Black compares to other Rewards Credit Cards

Know better, choose better.

Compare all
Amanda C.
Amanda C.Perth, WA

Dodgy Price Guarantee

published

Allianz (the insurer) has worded the policy so that only printed catalogues advertising a price drop is guaranteed. Stores advertise via email and online now, this isn't taken into account.

Transparency
Customer Service
Fel
Fel Perth, WA

The worse customer support

published

I have redeemed a gift card for $100 dollars from them which was never delivered. I have reached Customer Service and I was told that the collection period had expired and they can no longer deliver it. Had no idea there was a collection step in the process, I thought it was simply sitting in my account. I asked Customer Service to clarify where should I have read about the collection rules, however I never heard back

Incentivised ReviewNo
Related Articles
Previous

How to get in front of credit card debt with a credit card balance transfer.

Credit card balance transfers are becoming an increasingly popular way for people with growing credit card debts to manage their finances. But are they really a magic bullet? We're going to look at the ins and outs of credit balance transfers, so you can find the best way to manage credit card debt and get your finances back in the black.

Nathan S.
Nathan S.12 Nov 2019
how-to-get-in-front-of-credit-card-debt-with-a-credit-card-balance-transfer

Best Super Funds in 2020!

A good super fund can make a substanial difference to the amount you retire with. From retail super funds to self managed super funds, view reviewer ratings for the best super funds of 2020!

Wendy Z.
Wendy Z.7 Nov 2019
best-super-funds-in-2020

Best Credit Cards in 2020!

Whether it's the sign up bonus, rates and fees, or reliable customer service that you look for in a credit card, a credit card is often used everyday, so it's important you choose one that meets your needs and that you're happy with. These are the best credit cards this year, as decided by ProductReview.com.au reviewers.

Wendy Z.
Wendy Z.19 Nov 2019
best-credit-cards-in-2020
Next
Kbkb
KbkbSydney, NSW

Ridiculous frustrating application process via Manila Call Centre.

published
Transparency
Customer Service
Moe
MoeCanberra Central 2601, ACT
  • 6 reviews
  • 5 likes

Awful customer support - Just terrible..

published

I redeemed a gift card for $50.00 however they sent it to my old address despite me changing my address prior to purchase/redemption.

Furthermore, this was supposed to be an online Gift card, as in they send the Gift card to my email NOT physical address..

When I called to see what was happening, the person I spoke with noted my address incorrectly by one digit which has cause other issues..

What really takes the cake though is the copy and paste answer from their complaints team (all of three lines) advising 'Rules were the rules' and there is nothing that can be done.

It's like they didn't even read the issue prior to sending the three sentence garbage response.

Transparency
Customer Service
Trewers
TrewersSouth East Queensland, QLD
  • 3 reviews

Ok Points - still no Apple Pay

published

Everything keeps listing this card as having Apple Pay. Westpac DO NOT support Apple Pay. This is still a major draw back for Westpac issued cards.

As it is a part of my home loan package the annual fee is waived. Which is good.

Transparency
Customer Service
Jess
JessSydney, NSW

Good card, but application process was a nightmare

published

Applied for this credit card back in June. They lost my application and required me to go through a number of very inconvenient steps more than once because of an error on their end. Card is okay for everyday use, but don't plan on taking it overseas.

Transparency
Customer Service
Rewards Credit Cards

Find out how Westpac Altitude Black compares to other Rewards Credit Cards

Know better, choose better.

Compare all
Tim
TimSouth East Queensland, QLD

Great card but avoid using overseas

published

Overall, quite happy with this card. I signed up during a promo period. My applicaiton got bounced around for a while and there was a lot of confusion on their end. Eventually, when it arrived, it turned out to be pretty decent. However, do not use for overseas purchases or foreign transactions as there is a steep fee.

Transparency
Customer Service
Alvin T.
Alvin T.
  • 5 reviews
  • 4 likes

7 months in and no reward even though i met requirements. READ FINE PRINT!!

published

So after hours of Westpac pushing my calls to Qantas and vice versa for hours yesterday, today i get a response from Westpac to say that because i held a credit card within 12months prior to signing up with this new card, i am no eligible for the reward points. They say i should have read the terms and conditions. Emails to encourage your to join to received reward points. Nothing but a Scam.. After 2 decades, it is time for me to change banks and shop for one that are at least honest. Shame on you Westpac.

Transparency
Customer Service
Jack H.
Jack H.
  • 9 reviews

Perfect card, great mix of perks and rewards

published

The bundle with Amex for higher points earning is great, there are not many cards left out there with this option. The black card has the highest earn rate of any major banks out there, and the conversion to Qantas points is great.

Transparency
Customer Service

Easy to accumulate and use points

published

Qantas lounge passes are a nice bonus. It's easy to earn and use points. Must have income of $75,000+. Should not have such a high annual fee based on this criteria. Happy with card in general.

Transparency
Customer Service
Angie K
Angie KPerth, WA
  • 6 reviews

Good credit card

published

The card came with the home loan package with no annual fee and bonus point at the time of application. It is an easy process to redeem points. Easy to use and manage once set up.

Incentivised ReviewNo
Keli
KeliAU
  • 12 reviews

It was actually really good

published

I managed to get 120000 qantas frequent flyer points by signing up to this credit card and then kept it for a year after. No issue receiving points, and good points per $ spent.

Transparency
Customer Service
Similar opinion? Write a review on ProductReview.com.au!

The reviewer stated that an incentive was offered for this review

Rewards Credit Cards

Find out how Westpac Altitude Black compares to other Rewards Credit Cards

Know better, choose better.

Compare all
Page 1 of 6

Questions & Answers

Goose
Gooseasked
Altitude Black

How do I activate my new card?

No answers

Get an answer from our members

Westpac Altitude Black

ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.