Westpac Altitude Business Gold Mastercard® | Review

Westpac Altitude Business Gold Mastercard®

What do you want this card for?
Save money
Earn points
Card features
balance transfer
purchase rate
annual fee
Westpac Altitude Business Gold Mastercard®
Apply by 28 aug 19
1 review
Westpac Altitude Business Gold Mastercard®
Receive 60,000 bonus Altitude Points (terms and conditions apply).
No annual fee for the first year, saving you $150 p.a.
4.99% p.a. for 12 months on balance transfers.
Add to comparison
12 months
4.99% p.a.
then 20.24%
12 months
0% p.a.
then 20.24%
1st year
then $150

Pros & cons

What's good?

What's not so good?

Receive 60,000 bonus Altitude Points when you spend $3,000 on eligible purchases on your new Altitude Business Gold Mastercard card within 90 days from card approval.
No annual fee for the first year saving you $150 p.a..
Points never expire.
4.99% p.a. for 12 months on balance transfers.
Redeem your Altitude points for popular rewards, including Westfield gift cards and bookings through Altitude Travel.
Convert your Altitude Reward points into six frequent flyer programs including Qantas Frequent Flyer, Virgin Australia’s Velocity, Malaysia Airline’s Enrich, Air New Zealand Airpoints, Singapore Airlines KrisFlyer and Cathay Pacific Asia Miles.
Complimentary overseas travel insurance cover for trips up to 3 months.
Complimentary concierge service to be your own personal assistant, 24/7, worldwide.
The $150 p.a. for the 2nd year onwards.
The interest rates are as high as you would expect for a card of this standard.
Points are capped at 20,000 per statement cycle.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Disclaimer (2): Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

User reviews

4.2 out of 5.0 based on 1 review100% of reviewers would recommend this card

Rates and fees
Customer service

Reviews from users

Points rip off

Reviewed and recommended by Anon on 23 Feb 2014

Been a loyal customer of Westpac for over 30 years, ever since my school days. Saved the deposit for my first home with them. Used them for my home loan. Did all my business banking with them for many years. I was counselled by my relationship manager to use this card. After several years they changed the rewards system by placing a cap on points. The only way we found out was after several months noticed there was no points in the account. No advice just change the goal posts.

Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup
Card tier
Card type
Mastercard & AmEx
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Altitude Rewards
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Purchase date
Interest free period
Up to 55 days on purchases
Minimum repayment

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers4.99% p.a.12 monthsN/AN/A20.24% p.a.

Balance transfers to this card

Balance transfer earns rewards
Balance transfer fee payment due
First statement
Balance transfer from personal loan
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the Westpac Altitude Business Gold Mastercard® at the promotional balance transfer rate from:

  • Westpac

Rates & fees

Promotional interest rates

Interest ratePeriodFeeLimitRevert rate
Balance transfers4.99% p.a.12 monthsN/AN/A 20.24% p.a.
Purchases0% p.a.12 monthsN/AN/A 20.24% p.a.

Ongoing interest rates

Cash advances 1.73% 20.74% p.a.
Purchases 1.69% 20.24% p.a.


Annual fee
$0 p.a.
Annual fee 2nd year
$150 p.a.
Cash advance fee
whichever is greater, $2.50 or 2%
Dishonour fee
Duplicate statement fee
Foreign exchange fee
Late payment fee
Over limit fee
Overseas ATM balance fee
Overseas ATM withdrawal fee
Overseas emergency card replacement fee
Transaction verification fee

Rewards & points

Cool stuff you can get with your points

Disclaimer: Points required accurate as of the 31st March 2018.

Rewards program basics

Reward points expiry
No expiry as long as you keep your account active
Rewards program
Altitude Rewards
Sign up bonus
60,000 Altitude points points
Spend required for bonus points
$3000 within 90 days from card approval.

Earning points with this card

Frequent flyer points
Overseas earn rate
Same as standard earn rate
Points cap per month
Points cap per year
Points earned on ATO payments
0.5 pts per $1 spent
Reward points
1 pt per $1 spent

Additional benefits

Airport lounge access
Complimentary flight voucher
Concierge service

Minimum criteria for this card

What you need before applying

Be over 18 years old
You are a resident or citizen of Australia
Earn a regular income of more than $30,000 per year
Have a good credit history
You have your personal details ready to complete the online application
Have not applied for multiple credit cards recently
Age Pension, Disability Pension, Veteran's Pension and Widower's Pension are acceptable.
Austudy, Child Support Payments, Family Tax Benefits and Parenting Payments, Foster Care Allowance and Youth Allowance are acceptable.
Joint applications are not allowed
Temporary residents are not eligible
Overseas Pension is not acceptable.
Carer's Allowance is not acceptable.
Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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