RateCity.com.au
  1. Home
  2. Credit Cards
  3. Westpac
  4. Altitude Black (Altitude Velocity)

Westpac Altitude Black (Altitude Velocity)

  • Bonus Points
  • Apple, Google & Samsung Pay
  • Balance transfer
Bonus Points

Earn up to 120,000 bonus Velocity Points

  ~ Ends in 2 months

Earn 90,000 Velocity Points in year 1 if you spend $6,000 within 120 days of new card approval and an extra 30,000 points after your first eligible purchase in year 2. Offer excludes customers who hold/held an Altitude Platinum or Altitude Black card with Altitude Rewards, Qantas or Velocity in the last 12 months. T&Cs apply.

Purchase rate p.a.

19.99%

Balance transfer rate

0%

Annual fee

$150

for 12 months then $295 thereafter

Westpac Altitude Black (Altitude Velocity)

  • Bonus Points
  • Apple, Google & Samsung Pay
  • Balance transfer

Purchase rate p.a.

19.99%

Balance transfer rate

0%

Annual fee

$150

for 12 months then $295 thereafter

Pros and Cons

For Westpac Altitude Black (Altitude Velocity)

Benefits

  • Rewards Available through Velocity Frequent Flyer
  • Extra 120,000 points subject to eligibility conditions
  • $150 annual fee in the first 12 months and $295 p.a thereafter.
  • Ability to convert large purchases into instalment plans
  • Apple Pay, Google Pay and Samsung Pay available
  • Domestic travel insurance
  • International travel insurance
  • Free supplementary cards
  • Extended warranty
  • Rental car excess insurance
  • Concierge
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate
  • Higher than average ongoing annual fee

Westpac Rate Credit Card overview

For Altitude Black (Altitude Velocity)

Details

Card level

Premium

Card type

MasterCard

Interest free days

45

Minimum monthly repayment

2% or $10

Minimum credit limit

$15,000

Maximum credit limit

$75,000

Free supplementary cards

Instant approval

Target Market Determination

Visit Westpac Banking Corporation Ltd to view Target Market Determination.

Fees

Annual fee

$150

for 12 months then $295 thereafter

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late payment fee

$15

Over limit fee

$15

Duplicate statement fee

$2

Electronic Wallet Service

Apple pay available

Google pay available

Samsung pay available

Important Rates

Rates

Purchase rate p.a.

19.99%

Cash advance rate

21.49%

Cash advance fee

2% or $2.5

Balance Transfer

Balance transfer rate

0%

Transfer limit

75000

max card limit

Balance transfer fee

Overseas spending

Foreign exchange fee
3% on Mastercard
Overseas charges

$2.5

Estimated ATM cost

$11.5

for AU $300 withdrawal

Rewards

Program name

Velocity Frequent Flyer

Rewards available

Gift Card, Domestic Flights, International Flights

Eligibility

Minimum age

18

Minimum income

$75,000

Eligibility conditions

You have a regular, verifiable income

Residency

Perks

DOMESTIC TRAVEL INSURANCE

INTERNATIONAL TRAVEL INSURANCE

Available for covers up to $20,000 for loss or damage to personal property, $550 for loss or damage to travel documents and $2.5 million of personal liability cover

FREE SUPPLEMENTARY CARDS

EXTENDED WARRANTY

Warranty is extended for the same duration as the original warranty up to 2 years.

RENTAL CAR EXCESS INSURANCE

Covers up to $5500

CONCIERGE

PURCHASE PROTECTION INSURANCE

Other Restrictions

Annual fee includes Velocity fee of $75