Westpac's Altitude Black card has 100,000 bonus Qantas or Altitude points plus $145 off the 1st year annual fee. There are many ongoing card benefits, including Qantas or Priority Pass lounge invites and World Mastercard benefits.
- 100,000 Qantas Points or Altitude Rewards points when you spend $5,000 within the first 90 days from card approval
- $145 off the first year annual fee, making it $250 (usually $395)
- 0.625 Qantas Points or 1.25 Altitude Points for every $1 spent on the MasterCard
- 2 x Qantas Club or Priority Pass invitations per cardholder year
- Access to World MasterCard benefits
- Overseas Travel Insurance, Purchase Protection and other insurances(PDS)
- $250 annual fee for the first year (usually $395 p.a.)
- $5,000 minimum spend in 90 days required to earn 100,000 bonus points
- Bonus points offer not available with switches, upgrades, customers accessing employee benefits or packages.
- Offer ends: 31st January 2018
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Westpac are now offering 100,000 bonus Qantas or Altitude points for new cardholders of the Westpac Altitude Black, plus a reduced annual fee of $250 for the first year until 31 January 2018.
The Westpac Altitude Black card is aimed at those who want an acceptable Qantas Points earn rate from the Mastercard, are happy to pay the larger annual fee and will get value from some of the additional benefits.
Note that this offer isn’t available directly via Westpac – you’ll need to click through from one of Westpac’s advertising partners, such as Point Hacks, to access it.
How you could use the bonus points from this card
All redemption figures shown are examples only and exclude accompanying taxes and fees. Points redemption price data is provided by a third-party, so inaccuracies may be present. Please check with the airline directly for a complete and accurate total redemption cost.
Westpac’s American Express changes planned for 2018
In early November 2017, Westpac and American Express announced some limited details of changes to their ongoing partnership which allows Westpac to issue American Express cards. This is changing in 2018, with some impacts to a number of joint American Express & Mastercard credit card accounts issued by Westpac.
Customers who apply and are approved for Westpac Altitude card until January 31st 2018 will receive both a Mastercard and American Express. This American Express card, issued by Westpac, can be used until 4th April 2018. Customers who apply from February 1st 2018 will not receive a companion card with their account.
We have focused our guides to the Altitude range as a result, removing the info about benefits that come with the American Express cards for clarity – as they won’t be around for long.
Westpac haven’t yet outlined what will happen to the Altitude card range after April 4th, so we’ll share any confirmed information when we can.
Points earn rates from Westpac Altitude Black
Points earned from Altitude Black can be earned as either Altitude Rewards – which partners with Singapore Airlines KrisFlyer, Velocity, Cathay Pacific Asia Miles, Malaysia Airlines Enrich and Air New Zealand Airpoints – or if you select the Altitude Qantas Black option, to Qantas Frequent Flyer only (a new fee will be introduced for this option, detailed below).
|Card||Westpac Altitude Black Mastercard|
|Loyalty program||Qantas Frequent Flyer or Westpac Altitude Rewards|
|Points earned from spend||0.625 Qantas Points or 1.25 Altitude Points for every $ spent on the MasterCard|
|Travel benefits||Per year: 2 x Qantas Club or Priority Pass invitations
World MasterCard benefits
|Minimum income||$75,000 p.a.|
|Included insurances||Extended Warranty & International Travel Insurance (PDS)|
|Overseas transaction fee||Visa/MasterCard: 3.0% of the converted amount|
Effective Frequent Flyer Program Point Earn Rates
|Frequent Flyer Program||MasterCard|
|Qantas Points*||0.625 points / $|
|Velocity Points||0.625 points / $|
|Singapore Airlines KrisFlyer Miles||0.5 Mile / $|
|Cathay Pacific Asia Miles||0.5 Mile / $|
|*Qantas Points are only earned if linked to Altitude Qantas Rewards|
Note that the earn rate of Qantas Points on the Mastercard will increase by 20% from 0.625 to 0.75 Qantas Points from 4 April 2018.
Airport lounge access benefits
If you opt for the Altitude Rewards Black, you’ll receive airport lounge access with Priority Pass membership and two included lounge visits per year, which are now valid at an increasing number of airports in Australia. Additional visits are charged at a $27 USD fee.
If you opt for Altitude Qantas Black, you’ll be sent two single-entry Qantas Club invitations which can be used at any Qantas Club (domestic) or Qantas International Business Class lounge. The passes are sent after your first Altitude Black Card spend on selected Qantas products and services, defined as Qantas flights or Qantas Frequent Flyer or Qantas Club joining and membership fees.
Note: You must first register and then make the applicable card spend directly with Qantas to receive the lounge passes.
It’s a useful range of lounge access for those who don’t travel in Business Class often.
Included insurances and other benefits
The Westpac Altitude Black comes with travel and extended warranty insurance coverage. As I say with every credit card guide, the value of each card’s insurance can only really be assessed by you looking at the PDS and deciding whether it is a fit for your needs. Read the full PDS here.
This guide references some of the benefits of insurance policies provided with this card.
You should read the PDS and obtain independent professional advice before obtaining this product.
You’ll also gain access to Westpac Concierge and their Black Concierge app, which could give some useful restaurant or ticket reservation shortcuts, amongst other potential uses.
Altitude Qantas vs Altitude Rewards
The Altitude Card range offers a choice of which points program you want to direct your points into: either Qantas Frequent Flyer or Westpac’s own loyalty program Altitude Rewards.
You’ll earn the sign-up bonus with the card in one program, but you can later switch to the other option on request, however, your points won’t move with the switch.
Note that, from 4 April 2018, there will be a new annual $50 Qantas Rewards fee if you have selected to earn Qantas points (rather than Altitude Rewards).
When choosing Altitude Qantas Black over Altitude Rewards Black, you’ll also need to factor in the different earn rates of each currency and transfer rates to partner programs. Our full guide to Altitude Rewards offers more detail about the program’s benefits.
In short, points can be transferred into Velocity and Malaysia Airlines Enrich at a rate of 2 Altitude Rewards points to 1 frequent flyer program point/mile and 2.5 Altitude Rewards points to 1 mile for Cathay Pacific Asia Miles and Singapore Airlines KrisFlyer.
The choice between Altitude Qantas or Altitude Rewards is dependent on your personal points-earning preference.
You might find the sign-up bonus from the card to be more valuable to take as Qantas Points but then using the card ongoing, there may be more value for you in taking advantage of Altitude Rewards’ flexibility from having a wide range of transfer options.
Summing up: the Westpac Altitude Black and Westpac Altitude Qantas Black credit cards
This is the kind of card that you need to take a critical look over the ongoing benefits and sign-up bonus to assess whether the annual fee is worth it for you, especially given the nature of the changes coming to the card in 2018.
Most infrequent travellers may be able to get some use out of the lounge access and other World Mastercard benefits, particularly if you educate yourself on how to make the most of both benefits.
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