Comparing business rewards credit card programs

Available on both the Altitude Business Gold Mastercard^® and Altitude Platinum Mastercard^®, this program allows you to earn and redeem points for merchandise such as cinemas passes, coffee machines, home audio equipment, outdoor furniture, travel and more⁷.

The Altitude Business cards allows you to have 2 cardholders per account.

How to earn Altitude Points

It’s really straightforward. Every time you buy something using your card, you could earn points. The number of points you earn depends on the type of card used and the purchase being made.

Points earned per $1 spent on eligible business purchases are as follows:
 

Altitude Business Platinum Mastercard

Mastercard (overseas merchants)              2
Mastercard (Australian merchants)            1
Government payments                  0.5

There’s no limit to the number of Altitude Points you can earn each statement cycle when using your Altitude Business Platinum Mastercard.
 

Altitude Business Gold Mastercard

Mastercard (overseas merchants)              1
Mastercard (Australian merchants)            1
Government payments                  0.5

A cap of 20,000 points applies when using your Altitude Business Gold Mastercard in each statement cycle.
 

However, bonus points do not count towards the points cap.

How to earn Qantas Points

Simply join Qantas Business Rewards and provide the same ABN you provide to Qantas to Westpac. All businesses with an ABN are eligible to join. The usual one-off join fee of $89.50 is waived for new BusinessChoice Rewards Platinum Mastercard^® cardholders..
 

Then, each time you use your card for business expenses you can earn Qantas Points – expenses can include government payments to agencies such as the Australian Taxation Office (ATO).
 

Qantas Points earned per $1.50 spent on eligible business purchases are as follows:

BusinessChoice Rewards Platinum Mastercard

Mastercard (overseas merchants)             0.75
Mastercard (Australian merchants)           0.75
Government payments                  0.5

There’s no limit to the number of Qantas Points you can earn each statement cycle when using your BusinessChoice Rewards Platinum Mastercard.

There are a few ways you can redeem your points – it all depends on the reward you’re after. You can:
 

Pay with Points

This gives you an almost unlimited choice with using your points. Just choose any card purchase you’ve made in the last 90 days (excluding BPAY®) and get a credit on your statement for that transaction value with your Altitude Points. Conditions apply.
 

Points plus pay

If you see something you want, but don’t have enough Altitude Points – Points plus pay lets you use the points you have and you can make up the difference with a credit or debit payment. And if you pay the remaining balance using your Altitude Business credit card, you’ll earn Altitude Points. Conditions apply for that payment.
 

Shop on the Altitude Rewards website

Whether it’s technology, fitness, electrical goods, movie tickets or experiences you’re after – the Altitude Rewards Program has many leading brands you an choose from, using your points. You can also donate to charity this way⁴.
 

Altitude Travel

Use your points to book any available flight or holiday package, hotel, car hire and/or activity. Conditions apply.
 

Build up your frequent flyer points

You can choose to convert your points to one of the following programs⁷:

• Qantas Frequent Flyer
• Virgin Australia's Velocity
• Malaysia Airline's Enrich
• Air New Zealand Airpoints
• Singapore Airlines KrisFlyer
• Cathay Pacific AsiaMiles.

Virgin Australia’s Velocity Auto-Redemption

This is where you can automatically convert your points to Velocity Frequent Flyer Points. Once you set up your account, you’ll see each month on your statement date that your Altitude Points balance has automatically transferred to your Velocity Frequent Flyer Account. Conditions apply.

Top up your super

If you have a BT Super for Life you can transfer your Altitude Points for dollars into your superannuation account. Conditions apply.

Complimentary Overseas Travel Insurance

Travel knowing that you, your family (your spouse and certain dependent children) and your possessions may be covered against injury, loss, theft or damage for up to 3 months in accordance with the policy^†. Terms and conditions apply. (PDF 248KB)

Save on flights 

Save up to 8% on the base fare of eligible flights with no minimum spend⁺.

Points for you & your business 

Earn points¹ for your business (in addition to the points you or your team would normally earn as an individual) on flights, hotels and car hire^~.

Fly more, earn more 

The more your business flies the more points you earn as your business progresses through our Membership Levels.

Benefits even when you're not flying 

Earn points on over 50 different everyday business expenses like fuel, credit card spend and technology when you spend with our program partners.

Save on Qantas Club 

Save 20% on Qantas Club memberships for you and your employees^#.

Your choice of rewards 

It's easy to transfer points from your business account to any Qantas Frequent Flyer account† and reward your staff, clients or even yourself with flights, upgrades, wine or even something special from the Qantas Shopping Rewards Store^~

Complimentary Overseas Travel Insurance

Receive complimentary overseas travel insurance (which may include your spouse and certain dependent children) for up to 3 months - when overseas return tickets are purchased on your credit card before you leave and additional eligibility criteria as set out in the Westpac Business Credit Card Complimentary Insurance Policy is fulfilled^*. Terms and conditions apply. (PDF 248KB)
 

Protect your business against unauthorised transactions

Receive automatic protection (up to $20,000 per cardholder and $150,000 per account holder) against unauthorised transactions made by cardholders in a 12 month period (if you are the principal and the account holder of the card) with Account holder's Unauthorised Transaction insurance^† (PDF 248KB).