Westpac Altitude Rewards Platinum (existing customers)
Churn value: $216 in gift cards.
You pay $124 in first-year fees.Spend $3,000 in 90 days.You get $340 in Woolworths gift cards.
The recorded minimum requirements are that you earn at least $30,000 a year and can take a credit limit of at least $3,000. Meeting them does not guarantee approval.
It is only worth it if you pay in full each month and close the card before the next $250 fee.
Available
This page is my best effort to summarise the card's terms from the information I found. Read the bank's terms for full details, or contact the bank if you have questions.
I'd like to use my bonus for:
Can I get this?
This offer is only for existing customers of the bank.
Can I get this bonus if I have held a card before?
Existing Westpac customers who currently hold an Earth Classic, Earth Platinum, Earth Platinum Plus, Earth Black, Altitude Classic, Altitude Platinum or Altitude Black credit card, or who have held one in the last 24 months, are not eligible for this offer. The wait is 24 months, from the last date you held one of these cards. If you hold one now, you cannot get this bonus.
See the waiting rules for every Australian bank →What must I spend?
$3,000 within 90 days — about $1,000 per month.
Can I get the card?
The minimum credit limit is $3,000. This is the least the bank may let you borrow.
You must earn at least $30,000 a year.
Meeting the bonus rules does not mean the bank will approve your application. The bank must assess and approve the card separately.
How long is this available?
I do not have an end date for this offer.
What do I do, step by step?
- Apply. Check the income and waiting rules in “Can I get this?” first. If you do not pass those, the bonus does not come.
- Spend $3,000 in 90 days on bills and shopping you had to pay anyway. Do not buy extra things just to hit the number.
- Pay in full each month. Interest can eat the whole bonus. The churn value at the top assumes you never pay interest.
- Use the points for gift cards. Points you never use are worth zero.
- Close the card before the next fee — keeping it costs $250 a year. The next section helps you decide if keeping it is worth it.
When this is not worth it
- You pay interest, or you cannot pay in full each month.
- You buy things you do not need to hit the spend target.
- You have no trip or use in mind for the points.
- You keep the card into year two out of habit and pay the fee again.
Should I keep it after the first year?
Keeping the card costs $250 each year ($175 annual fee + $75 program fee) — the first year was $124.
The year-two bonus is 25,000 Westpac points.
Ongoing earn: 2.00x Westpac points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $250/yr.
What else makes the card useful?
Reward use
Ways to turn points into value.
- Points Transfer Benefits Compare across cards →Earn Altitude Points (2 per $1 international, 1.25 per $1 everyday spend, 1 per $1 all other; 0.5 per $1 after $5,000 in a statement cycle) redeemable as gift cards, products, cashback, or transferable to frequent flyer partner airlines; or earn Qantas/Velocity Points directly…
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Earn Altitude Points (2 per $1 international, 1.25 per $1 everyday spend, 1 per $1 all other; 0.5 per $1 after $5,000 in a statement cycle) redeemable as gift cards, products, cashback, or transferable to frequent flyer partner airlines; or earn Qantas/Velocity Points directly (0.75 per $1 international, 0.5 per $1 everyday, 0.35 per $1 all other) for a $75 annual Rewards Program Fee
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Eligible items charged to the card account covered against loss, theft or damage for up to 4 months, up to $10,000 per item ($3,500 for jewellery, watches and new works of art); $300 excess per claim
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Eligible items charged to the card account covered against loss, theft or damage for up to 4 months, up to $10,000 per item ($3,500 for jewellery, watches and new works of art); $300 excess per claim
- Extended Warranty Insurance Compare across cards →Extends the manufacturer's Australian warranty by an equal period up to a maximum of 2 additional years on eligible products charged to the card account (no cover where the manufacturer's warranty exceeds 5 years), up to $20,000 per product; $300 excess per claim
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Extends the manufacturer's Australian warranty by an equal period up to a maximum of 2 additional years on eligible products charged to the card account (no cover where the manufacturer's warranty exceeds 5 years), up to $20,000 per product; $300 excess per claim
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Seat Upgrades Compare across cards →Altitude Velocity option: 2 Economy X seat upgrade vouchers per year on selected domestic Virgin Australia flights, after providing a Velocity Frequent Flyer number and making a direct spend at Virgin Australia on the card
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Altitude Velocity option: 2 Economy X seat upgrade vouchers per year on selected domestic Virgin Australia flights, after providing a Velocity Frequent Flyer number and making a direct spend at Virgin Australia on the card
- Travel Insurance Compare across cards →Complimentary international travel insurance (this card is a Level 2 Card) for trips up to 3 consecutive months, when at least $500 of prepaid travel costs are charged to the card account and a return overseas travel ticket is held before departing Australia; cover includes…
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Complimentary international travel insurance (this card is a Level 2 Card) for trips up to 3 consecutive months, when at least $500 of prepaid travel costs are charged to the card account and a return overseas travel ticket is held before departing Australia; cover includes unlimited overseas emergency medical, evacuation and repatriation, cancellation, luggage and personal liability up to $2,500,000
- Rental Vehicle Insurance Compare across cards →Rental vehicle excess cover in Australia up to the amount specified in the rental agreement or $5,500, whichever is lesser, when the rental is charged to the card account; $300 excess per claim
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Rental vehicle excess cover in Australia up to the amount specified in the rental agreement or $5,500, whichever is lesser, when the rental is charged to the card account; $300 excess per claim
- Transit Accident Insurance Compare across cards →Overseas Transit Accident Insurance covering specified accidental death or injury sustained overseas while travelling as a passenger on a plane, bus, train or short-haul ferry when the entire trip was charged to the card account; up to $750,000 for loss of life
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Overseas Transit Accident Insurance covering specified accidental death or injury sustained overseas while travelling as a passenger on a plane, bus, train or short-haul ferry when the entire trip was charged to the card account; up to $750,000 for loss of life
Everyday savings
Discounts and cashback on spending. Activation and caps vary.
- Shopping Benefits Compare across cards →Westpac Rewards / Westpac Extras: exclusive deals, discounts and cashback when shopping with the card, accessible via the Westpac App
These amounts are not included in the bonus calculation.
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Westpac Rewards / Westpac Extras: exclusive deals, discounts and cashback when shopping with the card, accessible via the Westpac App
Account management
Tools for running the account — repayment helpers, not reward value.
- No Additional Cardholder Fee Compare across cards →Add 1 additional cardholder aged 16 years or older at no extra cost.
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Add 1 additional cardholder aged 16 years or older at no extra cost.
- Digital Wallet Integration Compare across cards →Card can be added to Apple Pay, Samsung Pay, and Google Pay digital wallets.
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Card can be added to Apple Pay, Samsung Pay, and Google Pay digital wallets.
- Buy Now Pay Later Compare across cards →PartPay feature: split purchases over $100 into 4 payments over 6 weeks
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PartPay feature: split purchases over $100 into 4 payments over 6 weeks
- Digital Card Issuance Compare across cards →Digital card with Dynamic CVC; the 3-digit security number changes every 24 hours for added fraud protection
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Digital card with Dynamic CVC; the 3-digit security number changes every 24 hours for added fraud protection
- Online Banking Features Compare across cards →Manage the credit card in the Westpac App with budgeting, saving and account-management features
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Manage the credit card in the Westpac App with budgeting, saving and account-management features
- Interest Free Periods Compare across cards →Up to 45 interest-free days on purchases when the closing balance is paid in full by the payment due date
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Up to 45 interest-free days on purchases when the closing balance is paid in full by the payment due date
$340 in Woolworths gift cards (79,900 of 81,000 Westpac points; 1,100 left over) − $49 card fee − $75 program fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.
This offer is open now (terms from 14 Oct 2026).
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- You close the card before the next annual fee, or you decide keeping it is worth that fee.
- Gift card prices can change. I check them again at renewal time.
Did this help you make a decision?
Terms and evidence
Full current terms
Offer terms
First Year Points
75,000 points
Westpac
Second Year Points
25,000 points
With $175 annual fee
Minimum Spend
$3,000
within 90 days (about 3 months)
Ongoing Earn Rate
2.00x points per $1 spent
Fees
First Year Annual Fee
$49
Ongoing Annual Fee
$175
From year 2 onwards
Program Fee
$75
Additional fee for reward program participation
Purchase Interest Rate
23.98% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Benefit history (8 changes)
- Travel InsuranceUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Digital Card IssuanceUpdated May 2026
- Buy Now Pay LaterUpdated May 2026
- Transit Accident InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Rental Vehicle InsuranceUpdated May 2026
Offer terms history (10 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 14 Oct 2026
Availability changed from ended to available; conditions unchanged.
No recorded term changes from the previous version.
Changes from terms version 7
Changes from terms version 6
Changes from terms version 5
Changes from terms version 4
No recorded term changes from the previous version.
No recorded term changes from the previous version.
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Discussion
About the current terms (published 14 Oct 2026).
Community and personal tools
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