Skip to main content Skip to main navigation Skip to accessibility page Skip to search input

Smart ways to redeem Altitude points

Altitude Points can add up pretty quickly on your rewards card, especially if you are using your card to the best of your advantage, so why not make your points work even harder for you? Altitude Points can be used for much more than just shopping and travel and could even help get you ahead financially.


Pay with Points


Pay with Points allows you to select a card purchase you have made in the last 90 days (excluding BPAY® transactions) to redeem your Altitude Points for a statement credit to the value of that purchase, lowering your card balance.* That means you can use your points on almost anything.

Cash Back

Choosing to redeem your Altitude Points for cashback means your  points can go towards reducing your card balance. You can choose to redeem increments of $50, $100, $500 and $1000, which will then be automatically credited to your card account.

Donate your points to charity

Westpac are committed to empowering Australians to create stronger, more prosperous communities and are proud to work with a wide range of charities. You can choose to redeem your Altitude Points for a donation to over 10 different charities including the Westpac Rescue Helicopter and Surf Life Saving Australia.

Annual fee rebate

Let your rewards card pay for itself by redeeming your Altitude points for a rebate on your card’s annual fee. Annual fee rebates are available for all of the Westpac Rewards Cards and you can redeem points for cash increments of $25, $75, $100, $125, $150 and $295.

Mortgage fee discount

If you are a rewards card customer then you can use your Altitude points in exchange for a rebate on your Westpac mortgage fees. You can choose to pay off all or part of monthly loan maintenance fees or package fees.

The point balance required starts at 9,600 and can only be redeemed by phone. To claim your mortgage fee discount you must call 1300 887 820 or 1300 859 100 for Platinum card holders.

Gift Cards

Redeeming your points for gift cards is also a great way to get the most out of your points. We offer gift cards from a range of stores including David Jones, Myer, JB-Hi Fi, Woolworths, Westfield, Bunnings, Caltex and many more. Use your gift card to cover some of your usual expenses, such as your weekly grocery shop or to refuel your car. You can also push your dollar even further by using your gift cards at your favourite department store during sale time to snag a real bargain. Don’t have time to wait for a gift card to be delivered? Make sure you also check out the range of eGift Cards.

Visit the Altitude Rewards for all terms and conditions, and remember to pay off your monthly balance to ensure you are getting the most out of your card and not negating the benefits by paying interest.


Related articles

Things you should know

Rewards Points: Depending on your choice of rewards program, you can earn Altitude Points or Qantas Points on your eligible purchases. The earning and redemption of Altitude Points and Qantas Points is subject to the Altitude Rewards and Altitude Qantas Terms and Conditions. You do not receive points if your card account is in arrears for 2 consecutive statement cycles and in other circumstances. 

A points cap per statement cycle applies to the Altitude and Altitude Platinum Cards. For details, see the Rewards tab on the Altitude or Altitude Platinum product page.


Altitude Rewards: You must be a member of the relevant frequent flyer program to redeem Altitude Points for frequent flyer points. The Altitude Rewards Terms and Conditions and the terms and conditions of the relevant frequent flyer program apply. A joining fee may apply. Availability of Reward flights may be limited. For more information on the Altitude Rewards program, visit


Altitude Qantas: In order to earn and redeem points, you must be a member of the Qantas Frequent Flyer program.

For more information on the Qantas Frequent Flyer program, visit

*Pay with Points allows you to redeem your Altitude points for statement credits to your credit card account to the value of any card purchases (excluding BPAY transactions) that you have made in the last 90 days. The statement credit will not contribute to your minimum monthly payment nor necessarily pay off the specific purchase you select. The statement credit will be applied to your card account in accordance with your card's Conditions of Use. See for full terms and conditions.

Westpac is the credit provider and credit licensee under National Consumer Credit Laws.

MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. American Express is a trademark of American Express. The Westpac American Express cards are issued by Westpac Banking Corporation pursuant to license from American Express.


Be credit savvy

Before applying, consider a realistic credit limit and check all conditions, interest rates, fees and charges on your selected card.


© 2016 Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714. The Westpac Group, 275 Kent Street, Sydney, NSW 2000, AUSTRALIA.