Singapore Airlines Westpac Platinum Credit Card

• Two credit cards linked to one account, with only one monthly statement, one annual fee and one credit limit
• Maximise your KrisFlyer miles on purchases
• Singapore Airlines Westpac Platinum American Express® Card – earn 1.5 KrisFlyer miles per $1 spent on eligible purchases with merchants located within or outside Australia
• Singapore Airlines Westpac Platinum Visa Card - earn 1.5 KrisFlyer miles per $1 spent on eligible purchases purchases with merchants located outside of Australia
• Singapore Airlines Westpac Platinum Visa Card - earn 0.5 KrisFlyer mile per $1 spent on eligible purchases1 with merchants located within Australia
• Receive 10,000 KrisFlyer miles after your first purchase using either of your Cards
• For a fast and convenient payment option for everyday purchases of under $100, simply hold your Visa Card against the Visa payWave terminal wherever you see the payWave logo - no need to enter a PIN or sign.
• Earn double the usual KrisFlyer miles for every dollar you spend on singaporeair.com.au
• Complimentary insurances in accordance with the policy
• Overseas Travel Insurance cover for trips of up to 6 months
• Purchase Security Insurance cover
• Extended Warranty Insurance cover
• Get extra security when you shop at participating online retailers by registering with Verified by Visa, through Westpac Added Online Security service.
• Read the terms and conditions

• 2 cards linked to 1 account allows you to earn more points
• Comes with extended warranty, international travel and purchase protection insurance
• Travel Insurance extends to family members as well as the main cardholder
• Attractive 0.99% p.a. balance transfer rate
• $250 p.a. annual fee is quite expensive
• Purchase rate of 19.49% p.a. is about average
• Lacks any introductory purchase interest rate offer

How does the Singapore Airlines Westpac Platinum Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	Singapore Airlines Westpac Platinum Credit Card	19.49%	20.74%	$250	0.99%	6 months
	The Average Credit Card	17.17%	21.04%	$95	3.04%	7 months

You can transfer from:



• ANZ
• Aussie
• Bank of Melbourne
• Bank of Queensland
• Bank SA
• Bankwest
• Citibank
• Coles
• Commonwealth Bank
• HSBC
• NAB
• St.George
• Suncorp
• Virgin
• Woolworths

You cannot transfer from:



• Westpac

The Singapore Airlines Westpac Platinum credit card is a dual card account, a growing trend whereby accountholders get two credit cards to help them maximise their chances of earning reward points. In the case of the Singapore Airlines Westpac Platinum credit card, members are given a Platinum American Express card and a Platinum Visa, both of which are managed under one account with just one annual fee, one credit limit and one monthly statement. With two credit cards both accruing points, it’s only a matter of time before you’re jetting off, courtesy of Westpac and Singapore Airlines.

Pros

The most obvious benefit to owning a Singapore Airlines Westpac Platinum credit card is the reward scheme. For every $1 spent on the Amex card you’ll earn 1.5 KrisFlyer miles. If the merchant doesn’t accept Amex then switch to the Visa, which also offers 1.5 KrisFlyer miles for any purchases made outside of Australia and 1 mile for purchases made within. KrisFlyer miles can be redeemed for free flights and/or upgrades – perfect if you love travelling.

Not only does the Singapore Airlines Westpac Platinum account give you the opportunity to reap the benefits of spending money on your credit card in the form of free flights, but also comes with a plethora of insurance and purchase protection benefits. The Platinum account comes with complimentary overseas travel insurance cover for trips of up to 6 months. This policy not only covers the main account holder, but also protects family members too.

The Singapore Airlines Westpac Platinum credit card also offers purchase security insurance cover, which means that you are protected against loss, theft or accidental damage caused to any new items purchased using your Singapore Airlines card. Westpac also offer extended warranty cover, which adds an extra 12 months on top of the standard manufacturer’s warranty.

Regardless of whether you shop online, over the phone or in store, your money is protected thanks to Westpac’s state-of-the-art security technology and fraud surveillance. There’s also the option to sign up to Visa’s ‘Verified’ programme that makes online shopping even more secure.

If you are looking to save money by transferring your existing balances then you can take advantage of their 0.99% p.a. interest rate offer for 6 months, which although not the cheapest on the market, can save you quite a bit of money.

Cons

The Singapore Airlines Platinum credit card is a fairly decent all-rounder. One real downside is that there are no introductory rates on purchases – the purchase rate is fairly mediocre at 19.49% p.a.. If you don’t use your account to spend regularly, then the $250 p.a. annual fee will negate much of the value of any rewards earned. There is, however, a 45 day interest free period to take advantage of, so long as you can afford to pay off the balance in full each month.

Conclusion

If you want to be rewarded for spending and love to travel, particularly with Singapore Airlines, then the Singapore Airlines Westpac Platinum credit card is well worth it. Do bare in mind the $250 p.a. annual management fee – if you don’t regularly spend on your credit card then you may wish to opt for a rewards card with a small annual fee. However, if you frequently use your credit card and want added free travel insurance and purchase protection then the Platinum account is ideal. Applying is quick and easy and only takes a couple of minutes, so what are you waiting for? Sign up now.