Altitude Platinum
Essentials
- For a limited time, pay 1.99% p.a. for up to 9 months on balance transfers 4
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Earn Altitude points on purchases 1
- 3 Altitude points per $1 spent on your Altitude Platinum American Express ® Card
- 1 Altitude point per $1 spent on your Altitude Platinum Visa ® Card or Altitude Platinum MasterCard ® - Two credit cards linked to one account - with one monthly statement and one credit limit
- Money magazine Award Winner - Altitude Platinum American Express ® Card
- No points capping or expiry while you remain an Altitude cardholder
- Receive 15,000 bonus Altitude points when you first use either of your cards 2
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Extended complimentary insurance covers in accordance with the policy 3
- Overseas Travel Insurance cover for trips of up to 6 months
- Purchase Security Insurance for 4 months
- Extended Warranty Insurance cover for up to 2 years - 1.99% p.a. on balance transfers for up to 9 months4
- Interest rates (variable): 19.64% p.a. on purchases, 21.24% p.a. on cash advances
- Annual fee - $295
- Altitude Platinum Concierge service - available 24/7 worldwide for help with obtaining tickets, hotel bookings, car hire, concert tickets and more
- Get extra security when you shop at participating online retailers by registering with MasterCard ® SecureCode™, or Verified by Visa ®, through Westpac Added Online Security service
- Paperless eStatements available.
View Altitude Platinum details at info.westpac.com.au/platinum.
Things you should know
- 1.The earning and redemption of Altitude points (including available rewards and expiry of points) is subject to the Altitude Platinum Rewards Terms and Conditions (PDF 479kb) . Altitude points are not earned on cash advances You do not receive points if your card account is in arrears for 2 consecutive statement cycles. You are not entitled to points in other circumstances – see Altitude Platinum Rewards Terms and Conditions (PDF 479Kb). You must have earned a minimum of 3,000 points before you can redeem for any rewards.
- 2.If you obtain a credit card as part of a Westpac package, or switch from an existing Westpac card, you are not eligible for the bonus points described. The bonus points will be added to your Altitude points balance within three business days of the first purchase transaction being debited to your account.
- 3.This is only a brief summary of the cover, which is subject to the Terms and Conditions and exclusions of the policy. For example, complimentary overseas travel insurance cover is available for overseas trips of up to 6 months. The benefit of the cover only extends to the primary and secondary cardholder and their spouse and certain dependent children travelling with either the primary or secondary cardholder. The return overseas travel ticket must have been purchased using your Altitude Platinum American Express ® Card, your Altitude Platinum Visa ® Card or your Altitude Platinum MasterCard ® prior to leaving Australia. This cover and the other insurance covers are issued by Zurich Australian Insurance Limited ABN 13 000 296 640 AFSL 232507 (Zurich) to Westpac Banking Corporation under separate Master Policies. Zurich is liable for separate risks insured under the terms of each of those policies. The benefits of the insurance covers are extended to Westpac’s cardholders (as third party beneficiaries) as complimentary benefits. The cardholder is under no obligation to accept the benefits of the cover. For the benefit of the various insurance covers to extend to the cardholder, the cardholder must comply with the insurance Terms and Conditions. Exclusions apply. No Westpac Group company has any liability in connection with the insurance policies. Policy wording may be obtained by calling 1300 367 228 or Altitude Platinum Credit Card Insurance Policy (PDF 208kb).
- 4.This promotional rate is available to customers who are applying for a new Altitude Platinum card and request at application, to transfer the balance(s) from non-Westpac credit card(s), charge card(s) or store card(s). This promotion is only available at point of application, where the card application is received by 31 October 2010. Subsequent balance transfers will be charged at the standard purchase interest rate currently 19.64% p.a. and will be treated as purchases with no interest free days applying to them. Payments made to your credit card account are first applied to any amounts transferred from other credit cards, charge cards or store cards under this promotion, before they are applied to any other purchase or cash advance amount. This means that the portion of your outstanding account balance that is subject to a lower interest rate will be paid off first. You will not gain the benefit of the interest free period on credit purchases until the full balance (including any balance transfer and any other promotional amount) is paid by the statement due date each month. After 9 months the balance transfer rate will switch back to your credit card standard variable rate for purchases then applicable to your product. Each balance transfer must be a minimum of $200.
- American Express® is a registered trademark of American Express Company.
- MasterCard® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
- Visa® is a registered trademark of Visa Worldwide PTe Limited.
Fees
| Fee* | Amount – see below |
|---|---|
| Annual fee | $295 |
| Westpac Foreign Transaction Fee |
The Westpac Foreign Transaction Fee may be payable. This fee is the sum of the Westpac Processing Fee and the Westpac On-Charged Scheme Fee. |
| Westpac Processing Fee | A fee of 2.0% of the value of any purchase or Cash Advance/withdrawal transaction made in a foreign currency, following conversion into Australian dollars by the applicable Credit Card scheme, is payable. This fee will be incorporated into the Australian currency equivalent of the transaction shown on your statement. |
| Westpac On-Charged Scheme Fee |
The Credit Card schemes also charge fees when processing Credit Card transactions made in foreign currencies. The fees are either charged during the process of converting the foreign currency amount into Australian dollars, or are charged separately to Westpac and passed on to you by us. The fees vary depending on the applicable Credit Card scheme:
|
| Cash advances/Withdrawal fee |
An administrative charge of 2% of the value of the transaction will apply to each cash advance made on your card account:
These charges will appear on your credit card statement directly below the relevant cash advance. |
| Missed payment charge | A charge of $9 may be payable each statement cycle that the whole of the minimum monthly payment is not paid by the statement due date. If charged, the Missed Payment Charge will be debited to your account. |
| Over-limit fee | A fee of $9 may be debited from your credit card account every time you exceed your credit limit during a statement cycle. It is debited from your account in that statement cycle, on or after the day(s) your credit limit is exceeded. This fee may also be charged whenever your account is over limit at the commencement of a statement cycle. |
| Duplicate statement fee | A fee of $7.50 may be debited from your credit card account if you, or an additional cardholder, order a copy of a statement that has already been issued for your account. This fee is debited from your account on or after the day you order the duplicate statement. |
| eStatements | NIL |
| Other fees and charges | Download the Consumer Credit Cards Conditions of Use (PDF 232kb). |
*Fees are subject to change
Things you should know
- 1.Visa Worldwide PTe LTD ('Visa') Service Association charges us 1.0% of the transaction amount where a transaction is made using your Visa ® Card and the merchant or financial institution accepting the card is located outside of Australia. We pass this amount on to our customers.
- 2.American Express ® International Incorporated charges us this fee on the transaction amount for converting foreign currency transactions made using an American Express ® into Australian dollars. We pass this amount on to our customers.
- 3.MasterCard ® International Incorporated charges us 0.8% of the transaction amount where a transaction is made using your MasterCard ® and the merchant or financial institution accepting the card is located outside of Australia. We pass this amount on to our customers.
- 4.MasterCard ® International Incorporated charges us 0.2% of the transaction amount for converting foreign currency transactions made using a MasterCard ® into Australian dollars. We pass this amount on to our customers.
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To view PDF files you need Adobe Acrobat Reader. Use Adobe's online PDF conversion tools to convert to another format. - American Express® is a registered trademark of American Express Company.
- MasterCard® and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
- Visa® is a registered trademark of Visa Worldwide PTe Limited.
