• expired

Westpac Altitude Black/Platinum Credit Card - $0 Fee, 50,000 Qantas Points

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Found this deal today, if you are an existing member at westpac you will get the annual fee waived (in the first year) for the credit card and get 50,000 points when you spend $2500 in 90 days. i just signed up to an online esaver account then applied for the card as i was not an existing customer.

edit: for new customers open the Reward Saver account to avoid monthly fees.

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  • +3 votes

    $0 annual fee in the first year

    •  

      thanks, updated

    •  

      How much for every year after that though?

      • +1 vote

        $395 annual fee for Black Cards (but free if you have a mortgage with WBC, as you have to pay $395 annual fee for that !!)

    • -1 vote

      Bit off topic, Any credit cards that covers you for rental car insurance in Australia, with no annual fee?

      •  

        the best I found is westpac visa platinum
        https://www.westpac.com.au/personal-banking/credit-cards/low...

        excess reduction from $5500 to $250 for car rental in OZ

        •  

          I think your westpac example has an annual fee unless you spend $10k/year on it

        •  

          I don't know how they can get away with charging $5500 excess compared to $500 if you bought your own insurance. This is highway robbery. And it's payable even if the other party is at fault.

        •  

          @womble:
          now, yes, but they run occasional promotion and waive annual fees - forever. keep your eyes open.

        •  

          @galileo77:

          Thanks, will keep an eye out

        •  

          @lostn: yes i never worked out the you pay even not at fault!

      •  

        HSBC Premier Mastercard no annual fee as long as you use their internal reward system ($99 fee if want qantas points)

        Gives you $3000 rental car cover

  •  

    Not a bad deal.

    • +10 votes

      'when you spend $2500 in 90 days'

      My wife spends that in 9 days!
      I need 500,000 QFF points

      •  

        Apply 10 cards then

  • +2 votes

    More details in this exact same deal: https://www.ozbargain.com.au/node/256382

    •  

      cool hadn't seen that post thanks

    •  

      Most of the details are still correct, except KrisFlyer. Now you only earn 1.2 Krislyer Point per $ spent on AMEX, 0.5 on MC.

  •  

    How does this compare to the NAB Black card?

    • +4 votes

      There's no Nab Black card. Nab only has platinum/premium cards which don't offer the Black perks such as airport lounge access (2 via Amex and 2via Qantas).

      •  

        Does anz black card give you 2 x amex lounge access ? Could i get me and my wife in with the one card at sydney airport ? Thanks

        •  

          Yes, at Sydney International - they just swipe your card at the counter. Get a supplementary card for the wife and now you have 4x access! If you fly Qantas, you may want to use the Qantas Lounge pass (actual paper cards) instead.

        •  

          @bozbargain: cool thanks supp carda are $100 so not worth it so in this case wife would have to pay entry which I have been told is not worth it for amex lounge

        • +3 votes

          @Stahh: since 1 Amex Black card gives you access for 2, I don't see how that would be a problem (assuming you have one wife).

        • +2 votes

          @bozbargain: just remember ANZ is dropping AMEX in afew months.

        • +1 vote

          ANZ doesn't offer Amex to new applicants anymore

        • +1 vote

          @unloadmymind
          I heard All banks will be dropping Amex companion cards in coming months.

        •  

          @sachy:

          when where what why how

  •  

    any idea on the cheapest 'Selected Qantas products and services'?

    • +9 votes

      I assume you mean to get the lounge passes?

      Buy a fully refundable business class fare (e.g. ADL-MEL), far in the future. Once you receive your lounge passes, cancel the fare.

      • +2 votes

        Thanks,

        It seems that Altitude Black Rewards account can also be used to get the Qantas Lounge passes using this link https://loungepass.altitudeblack.com.au/

        To be eligible for the two complimentary Qantas Club Lounge Invitations, you must first register your details above and then use your Altitude Black card in Australia to purchase selected Qantas products and services. Selected Qantas products and services are the following items purchased directly from Qantas: Qantas passenger flights (with a QF flight number), Qantas Frequent Flyer and Qantas Club membership joining and annual fees. Excludes Jetstar, Qantas Holidays, Qantas branded non-airfare products and any Qantas products and services not purchased directly from Qantas. Each year, you will receive two complimentary lounge invitations once you have made the required spend on selected Qantas products and services.

        Confirmation for Qantas Club Lounge Invitation
        Thank you for registering for the Qantas Club Lounge Invitation. Your first Card spend on selected Qantas product or service is now required to complete your registration. Full details visit altitudeblack.com.au.

        • +2 votes

          Exactly. And the cheapest way to do that is as above.

        •  

          @brazen00:

          Thanks, I had the Rewards account for 6 years and didnt know this double dips.

          Do you know if the card payment fee is also refundable?

        • +1 vote

          @PissLUR: No, pretty sure they keep that. Still come out ahead since the passes sell for $40-$50 each

        • +2 votes

          Link for St George lounge passes in case anyone was wondering as I was - https://loungepass.stgeorge.com.au/ :)

        •  

          @PissLUR: Card fee is also refundable from memory. I cancelled two such fares in past. I guess that's why you pay so much for an hour long flight without much by way of perks (~$650).

      •  

        That's a good tip cheers!

      • -1 vote

        Can we do this (buy refundable fare) to meet $2500 spend in 90 days too?

    •  

      Buy 500 Qantas miles for $20

      •  

        do I need to be travelling on a QF flight to be able to access the Lounge?
        I already have the passes from a previous QF purchase.

        •  

          QF, JQ or one world airline.

        •  

          @twitch1979: thanks dude!

        • +2 votes

          @twitch1979:
          Is oneworld really included? Thought it was just QF or JQ for the complimentary passes.

        • +1 vote

          @twitch1979: Just QF and JQ. OW flights doesn't count

        •  

          @shuffle1: My bad, @Redwood is right. Only QF and JQ as these are Qantas Club lounges. I miss read and though they were business lounge passes which would allow access when flying one world.

      •  

        Has anybody tried and confirmed this works? also you need to call up to make this transaction right

    • +1 vote

      So i purchased a flight with qantas before registering for the passes does any know if purchasing a seat selection should trigger this spend requirment ? Thanks

  • +2 votes

    What is the value of 1 point?! I always find such offeres interesting but without understanding the monetary value, I am extremly hesitant!

    • +1 vote

      well if you are selling QANTAS points on ozbargain about 1c per point, but if you are using it for flight rewards/upgrades it should be more than this.

      • -6 votes

        oh right so thats 1c a point so they are basically giving away $500 ?! Why does nobody ever translate that very important piece of information?!

        Thats actually amazing and well worth applying for!

        edit: calc haha!

        • +4 votes

          Because you can't exactly get $500 cash out of your points (at least not in any official way).
          You can get $500 discounts on very selected Qantas products. This can be more or less though, depending on when and what you buy.
          Great if you fly a lot, worthless if you never fly.

          Closest thing to cash you can get from this is around $275 in Woolworths (or other) gift cards.

        •  

          @MrTweek:

          Thanks for clarifying! Much appreciated! :)

    •  

      Altitude $100 Annual Fee Rebate

      20,000 Altitude points

  •  

    Whats the minimum income do you need to apply?

    I assume the Altitude Platinum will be a lower income to apply.

    • +3 votes

      Platinum - Recommended income to apply: $30,000
      Black - Recommended income to apply: $75,000

  •  

    And you dont need to open a transaction account and deposit $2k per month to waive the $5 monthly fee…cant you just open a Reward Saver Account (which is free and has no monthly cost or monthly deposit needed)?

    •  

      yes that looks like a better option!

      •  

        except they also charge $2.50 for online withdrawals

        • +4 votes

          yes, but who says you have to use the account at all?

        •  

          @mhs m0nk3y:

          Open a Reward Saver Account but dont use it. I got stung with 2.50 withdrawls for 3 months until I worked it out :(

          just open the account and leave it dormant, now your considered a Westpac customer and eligible for the Credit Card offer

    •  

      Yeah I did that for the last promotion. Didn't spend a cent on account fees.

  •  

    yeah open the reward saver as a shell account to get the black card

    •  

      shit i opened the esaver first before reading this and now opened the reward saver but now i have 3 accounts

      reward, esaver and choice

      can i just ring up and cancel the choice and esaver but still keep the rewards?

      • +1 vote

        yes call up and close all other accounts

  • +2 votes

    how strict is westpac with existing Westpac customers who currently hold an Altitude Platinum or Altitude Black credit card, or who have held one in the last 12 months, are not eligible for this offer?

  • +1 vote

    Correct me if im wrong but its not 50, 000 qantas points. Its 50, 000 altitude reward points which convert to qantas frequent flyers at 2:1?

    • +2 votes

      50,000 bonus Qantas or Altitude Points, so if you pick altitude you are getting screwed!

      • +1 vote

        For sure. Thanks for clarifying

  •  

    Credit cards have never really been my forte, so could someone please clarify this deal for me. I am an existing Westpac user with no CCs. I can apply for a Black, spend $2,500 within 90 days and then have the card sit there dormant until cancelled within 12 months and there will not be a dollar owed from me? Does this have any negative impact on a credit score?

    • +5 votes

      if you have never really had a credit card then it wont effect your credit score much (it will drop slightly when you apply, then slowly build back up). you can cancel straight after getting your bonus points. as long as you cancel before 12 months, you wont get any fees charged, and as long as you pay the balance off in full every month you wont pay any interest.

      there are some people on ozbargain (including me) that apply for 3-4 credit cards a year, get the points, cancel them, wait 12 months and do it again! this does effect your credit score but as long as you pay off your cards and dont have any defaults it shouldn't be a problem. my credit score is "good" which is about mid range.

      •  

        Worded wrong sorry, I don't have any CCs with Westpac though do have a 28 Degrees.

        Good to know though, credit has always scared me a little but 50,000 free Qantas points is a little too good to pass up considering it's more than I've got banked at the moment. I don't see a downside to jumping on this other than making sure I pay it off!

      •  

        I think it does impact
        I have applied for the following credit this year
        450k investment loan
        5k cba card to get the 250 bucks free
        Earn about 170k per year, minimal living expenses and have my house paid off and 35 year old
        I have just been declined for the WBC card. So obviously it impacts your score
        No default or judgements ever

    • +1 vote

      I am pretty sure that most times that you apply for credit it impacts your credit score/history. But closing of the cc does not. Having credit out there will have to declared though when going for another loan/credit. So you are enhancing that position by closing the cc.
      To reach the $2500 spend you can always sell Woolies E-gift vouchers on classifieds here. (Buy them from cash rewards for 5% discount and sell them for 7.5% off. You get the points for the purchases and meet the min. spend. Costs you max. $62.50)

      •  

        or pre pay water, internet, gas, electricity, council rates, etc

        •  

          Toll pass

        •  

          Ever tried getting refunds on utilities?

  • +2 votes

    Just something to keep in mind:

    Existing Westpac customers who currently hold an Altitude Platinum or Altitude Black credit card, or who have held one in the last 12 months, are not eligible for this offer. The bonus Altitude Points or Qantas Points will be credited to your points balance within 12 weeks after the eligible spend criteria being met.

    Which would knock out a fair few people. Still a good deal if you qualify though.

    • +1 vote

      People who applied for the first deal are just coming off their cooldown now.

    •  

      I currently have an earth black card with west pac. Am I eligible for this offer ?

      •  

        I think you should be right but maybe ask Westpac online support.

  • +1 vote

    WHen applying, they want our income payslips from the past - how old can they be and how many do you need?

    • +1 vote

      Usually your 3 most recent slips.

      •  

        reason I ask is ANZ wanted my last 2, no longer than 60days old - which was cutting it close as I get paid monthly

    •  

      They asked me for 2 recent pay slips and a bank statement to confirm I actually received my salary.

  •  

    What if you're an existing supplementary card holder? not eligible?

    •  

      Nothing is guaranteed, but I have read for other banks/cards supplementary card holders could get the offer.

  • +1 vote

    Similarly, you could also consider 100,000 points with $395 fee and $5000 spend requirement. As per expired deal https://www.ozbargain.com.au/node/281813 it appears this has been extended (as noted by seanbaussie https://www.ozbargain.com.au/node/281813#comment-4481052) to 31st March. See http://info.westpac.com.au/creditcards/westpacblack/qantas/

    • +2 votes

      yeah real shame they won't waive this fee for customers :(

    • +1 vote

      Oh damn, wish I saw this a month or two ago. I've recently paid most of my big annual expenses! Dunno if I could meet the $5k in 90 days now. (Without buying stupid things…. hmm….)

  • +2 votes

    For anyone else who has since closed their Westpac credit card from the last time, your CID and password will still be the same.

    Good guy Westpac (unlike ANZ!)

  •  

    this is better than this right? https://www.ozbargain.com.au/node/288837
    50K Qantas vs 40K Velocity points, why very few upvotes?

    Deal's valid till?

    Just did Coles, SGB and ANZ so want to wait 2 months before another one.

    • +4 votes

      get both :)

      •  

        Just did cba cashback, coles, st george & anz so ill plan to take either in 2 months.

    •  

      This deal probably has fewer upvotes because it is a "dupe" of an offer that was already posted a few weeks ago, but has now been extended.

  •  

    Just applied and got an approval for the new NAB Platinum with 80k points. Do you think i get a decline if I apply this card?

    •  

      No one knows. Maybe don't include the NAB credit limit in application.

      • +1 vote

        My credit score is still Good, I'll give it a go.

        •  

          Do remember to update us on how it went!

        • +1 vote

          @hashtagbargain:

          I just got an approval this morning for the Platinum card with a limit of $8800

          Congratulations! We are pleased to inform you that your Credit Card application has been completed.

          Next Steps
          We will be sending you a letter / email over the next few days with further details.