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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

Generally, when the credit card intended to receive the balance transfer is not activated, cancelled, closed or in default of the card’s Terms and Conditions (such as exceeding the credit limit or awaiting an overdue limit).

No, that’s your decision.

Yes – card activation triggers the processing of the balance transfers.

No.

No.

The variable purchase rate will apply to any balance(s) transferred but left unpaid at the end of the promotional period.


Altitude Business Platinum

Altitude Business Platinum rewards credit cards
Current offers
  • Earn 80,000 bonus Altitude Points when you spend $3,000 on eligible purchases on your new Altitude Business Platinum card within 90 days from card approval.*
  • $0 annual card fee for the first year.^
  • 4.99% p.a. for months on balance transfers** requested at card application.

Conditions apply. For new cards approved by 28th February 2019.

 

Altitude Business Gold

Altitude Business Gold rewards credit cards
Current offers
  • Earn 60,000 bonus Altitude Points when you spend $3,000 on eligible purchases on your new Altitude Business Gold card within 90 days from card approval.*
  • $0 annual card fee for the first year.^
  • 4.99% for 12 months on balance transfers** requested at card application.

Conditions apply. For new cards approved by 28th February 2019.

 

Things you should know

Altitude Business Rewards Terms and Conditions (PDF 81KB)

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.

Find out what information you need to provide to become a customer.

*Bonus points promotion Altitude Business Gold, Altitude Business Platinum and BusinessChoice Rewards Platinum: The respective bonus points promotions are available when you apply and are approved for a new Altitude Business Gold, Altitude Business Platinum or BusinessChoice Rewards Platinum credit card between 29th November 2018 and 28th February 2019, and spend the minimum amount of $3,000 on eligible purchases within 90 days from card approval in one or more transactions.

Eligible purchases do not include fees, cash, cash equivalent transactions, BPAY, BPAY equivalent transaction, refunds and balance transfers debited from the card account. The bonus Altitude Points or Qantas Business Rewards Points will be added to your points balance within 90 days after you meet the eligible spend criteria. This offer does not apply for additional cardholders being added to an existing Altitude Business Gold, Altitude Business Platinum or BusinessChoice Rewards Platinum card facility. Switches, upgrades, customers accessing employee benefits or packaged cards and customers who have held another Altitude Business, Altitude Business Gold, Altitude Business Platinum or BusinessChoice Rewards Platinum credit card account within the last 12 months are ineligible for this offer. Qantas Business Rewards Points earned during a statement cycle are added to your Qantas Business Rewards Points balance on a monthly basis.

^Discounted annual card fee in first year promotion Altitude Business Gold and Altitude Business Platinum: The discounted first year annual card fee promotion is available when you apply and are approved for a new Altitude Business Gold, Altitude Business Platinum credit card between 29th November 2018 and 28th February 2019. The first annual card fee at the special promotional rate will be debited to your card account on your first transaction and the full annual card fee will be debited annually thereafter.

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.

**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 28th February 2019 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 80% 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 81KB). 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.