Card
Offer
Westpac Altitude Velocity Platinum (Reduced first year annual fee for Westpac Customers)
Public offer
Offer terms
First Year Points
70,000 points
Velocity
Second Year Points
30,000 points
With $175 annual fee
Minimum Spend
$4,000
within 3 months
Ongoing Earn Rate
0.33x points per $1 spent
Fees
First Year Annual Fee
$99
Ongoing Annual Fee
$175
From year 2 onwards
Program Fee
$125
Additional fee for reward program participation
Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.
Benefits
- Seat Upgrades
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Two complimentary Economy X Seat Upgrade Vouchers per year for selected domestic Virgin Australia flights; requires Velocity Frequent Flyer number on file and a direct spend with Virgin Australia on the card; vouchers valid 12 months, redeemed by calling Virgin Australia
- Buy Now Pay Later
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PartPay feature splits eligible purchases into 4 payments over 6 weeks; turn on to start using
- Installment Plans
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SmartPlan lets you convert eligible purchases into a fixed instalment payment plan
- Balance Transfer Offers
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Balance transfers available on the card account; no specific promotional rate stated on the offer page
- Digital Wallet Integration
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Supports Apple Pay, Samsung Pay and Google Pay
- Digital Card Issuance
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Instant Digital Card available from the moment the account is opened, with no need to wait for a physical card
- Online Banking Features
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Westpac App money management tools including cash flow and spend Categories, Cards Hub (order/lock card, change PIN), Quick Balance and Card Autopay
- Interest Free Periods
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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; cash advances are not covered
- No Additional Cardholder Fee
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One additional cardholder (aged 16 or over) can be added at no extra cost
- Points Transfer Benefits
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Velocity Points are earned and credited directly to your Velocity Frequent Flyer account for redemption on flights, upgrades and shopping; an annual $75 Rewards Program Fee applies
- Shopping Benefits
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Personalised cashback offers from Westpac Extras, bonus cashback when shopping via the Westpac Lounge on ShopBack, plus other discounts and offers from a range of in-store and online shops
- Travel Insurance
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Complimentary international travel insurance for trips up to 3 consecutive months (Level 2 Card) when you charge at least $500 of prepaid travel costs to the card and hold a return overseas ticket; key sections (overseas emergency medical, evacuation, cancellation) are unlimited with no single capped sum
- Purchase Protection Insurance
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Eligible items charged to the card covered against theft, accidental damage or permanent loss for up to 4 consecutive months, limited to $10,000 per item ($3,500 for jewellery, watches and new works of art); $300 excess
- Extended Warranty Insurance
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Extends the manufacturer's Australian warranty by an equal period up to a maximum of 2 years on eligible products charged to the card (no cover if warranty exceeds 5 years); $20,000 per product limit, $300 excess
- Rental Vehicle Insurance
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Rental vehicle excess cover up to $5,500 for damage or theft of a rental vehicle, both overseas (under International Travel Insurance) and in Australia, when the rental is charged to the card; $300 excess
- Transit Accident Insurance
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Overseas Transit Accident Insurance pays for 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 is charged to the card; up to $750,000 for loss of life
Benefit history
- Seat UpgradesUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Digital Card IssuanceUpdated May 2026
- Digital Wallet IntegrationUpdated May 2026
- No Additional Cardholder FeeUpdated 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
- Travel InsuranceUpdated May 2026
I'd like to use my bonus for:
Craig's AnalysisBonus Difficulty
Easy
●○○$44 per day required
First Year Cost
$224
annual fee + $125 program fee
Earn Rate
Poor
●○○○0.33x Velocity points per $1
Did this help you make a decision?
Can I get this bonus if I've had a card from Westpac before?
You generally need to wait 24 months after your last Westpac sign-up bonus before you can earn this one.
See exclusion periods for every Australian issuer →You'll also get two Economy X Seat Upgrade Vouchers each year for selected domestic Virgin Australia flights7. Available when you spend with Virgin Australia on your Mastercard. See FAQs for details.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 2 Oct 2026
Changes from terms version 8
No recorded term changes from the previous version.
Changes from terms version 6
Changes from terms version 5
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Saved notes
Earlier notes about this offer. Note dates are separate from terms publication dates.
- Expiration changed from 27/02/24 to 31/07/24, Bonus from 70K to 60K, Second Year Bonus from 0 to 20K, Notes from Economy X Seat Upgrade Vouchers. get two Economy X Seat Upgrade Vouchers each year for selected domestic Virgin Australia flights. Available when you spend with Virgin Australia on your Mastercard. See FAQs for details. to You'll also get two Economy X Seat Upgrade Vouchers each year for selected domestic Virgin Australia flights7. Available when you spend with Virgin Australia on your Mastercard. See FAQs for details.3 years ago
- Expiration changed from 30/04/24 to 27/02/243 years ago
- Expiration changed from 01/11/23 to 30/04/243 years ago
- Increased annual fee to $1243 years ago
- Offer end date changed to 14th June 2023 reward program fee increasing from $50 to $75 and annual fee increasing from $150 to $175 https://www.westpac.com.au/content/public/wbc/en/personal-banking/credit-cards/reward/reward-card-changes.html3 years ago
- Annual fee reduced from $200 to $150 and first year reduced from $150 to $99.4 years ago
- Offer extended to 29th June 20234 years ago