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Why use a balance transfer?

Consolidating your finances on to an Altitude Business credit card could save you the cost (and hassle) of maintaining several cards.

By transferring balances from non-Westpac credit cards on to an Altitude Business credit card you can potentially:

 

  • Save on credit card interest
  • Avoid paying multiple card interest rates and annual fees
  • Manage your accounts more easily with just one statement and monthly payment
  • Take advantage of 4.99% p.a. interest for 12 months on balance transfers* when requested at card application

 

And with a Westpac Altitude Business credit card, you’ll also enjoy a range of reward point options and purchase protections. 

 

Keep in mind that if you take advantage of a credit card balance transfer offer, you won’t gain the benefit of any interest free period on credit purchases until the balance (including any balance transfer amount) is paid in full by the statement due date each month.


Frequently asked questions

Is there a limit to the transfer amount?
Under what circumstances might a balance transfer request be refused?
Do I have to activate my credit card account first?
What is the balance transfer revert rate following the promotion period?

Altitude Business Platinum

Altitude Business Platinum rewards credit cards
Special offers
  • 4.99% p.a. for 12 months on balance transfers* requested at card application.
  • 0% p.a. on purchases for 12 months, plus
  • $0 annual card fee for the first year (online only)

Conditions apply. Apply by 31st August 2017.

 

Altitude Business Gold

Altitude Business Gold rewards credit cards
Special offers
  • 4.99% for 12 months on balance transfers* requested at card application.
  • 0% p.a. on purchases for 12 months, plus
  • $0 annual card fee for the first year (online only)

Conditions apply. Apply by 31st August 2017.

 

Things you should know

Altitude Business Rewards Terms and Conditions (PDF 113KB)

Altitude Business Credit Cards Conditions of Use (PDF 4MB)

Fees, charges and credit criteria apply. Read the terms and conditions available above before making a decision.

Annual card fee: For Altitude Business Platinum and Altitude Business Gold credit cards, the annual card fee covers all cards associated with the product. For BusinessChoice Rewards Platinum and BusinessChoice Everyday credit cards, an annual card fee is payable for each card associated with the facility.

Special offer: $0 annual card fee for first year: The $0 annual card fee for the first year is available when you apply online at westpac.com.au or through Business Online Banking (if registered) for a new Westpac Altitude Business Platinum or Gold credit card between 1st February 2017 and 31st August 2017. The first annual card fee will be debited on the 12 month anniversary of the first transaction on your account and annually thereafter on the anniversary of the first annual card fee. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for this offer.

Special offer: 0% p.a. on purchases: The introductory rate of 0% p.a. on purchases for 12 months is available when you apply for a new Westpac Altitude Business Platinum or Gold credit card between 1st February 2017 and 31st August 2017. After 12 months, the introductory purchase rate will switch to the variable purchase rate then applicable to your card account. The introductory rate on purchases is not available in conjunction with any promotion other than the special purchase rate and annual card fee waiver offers. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for this offer.

* Balance transfer promotion: The promotional balance transfer rate is available when you apply for a new Westpac Altitude Business Platinum or Gold credit card between 18 July 2016 and 31st August 2017 and request at application to transfer balance(s) from up to 3 non-Westpac Australian issued credit, charge or store cards. The rate will apply to balance(s) transferred (min $200 up to 95% of your approved available credit limit) for 12 months from card activation, unless the amount is paid off earlier. The variable purchase rate will apply to balance(s) transferred but left unpaid at the end of the 12 month promotional period. Westpac will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the other card account(s). The variable purchase interest rate applies to balance transfers requested at any other time. Interest free days don’t apply to balance transfers. Switches, upgrades, customers accessing employee benefits or packaged cards are ineligible for this offer.

Earning and redeeming Altitude reward points: You can earn and redeem Altitude rewards points as set out in the Altitude Business Rewards Terms and Conditions (PDF 113KB). You do not receive points if your card account is in arrears for 2 consecutive statement cycles and in other circumstances. Altitude reward points do not expire while you remain an Altitude card holder. You must be a member of the relevant frequent flyer program to redeem Altitude points for frequent flyer points. The terms and conditions of the relevant frequent flyer programs also apply. A joining fee may apply for these frequent flyer programs. Availability of award flights may be limited.

American Express® is a registered trademark of American Express. The Westpac American Express Card is issued by Westpac Banking Corporation pursuant to a license from American Express.