Westpac Altitude Velocity Black (Existing customers, Velocity Bonus Offer)

$200 first year annual fee

$75 reward program fee

120,000 points

$6,000 min limit

$75,000 annual income required

0.50 points per dollar

Spend $6,000 in 120 days

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Offer Details

Mid-Tier

First Year Points

120,000 points

Velocity

Second Year Points

60,000 points

With $295 annual fee

Minimum Spend

$6,000

within 4 months

Offer Expires

March 5, 2026

in 12 days

Ongoing Earn Rate

0.50x points per $1 spent

Fees

First Year Annual Fee

$200

Ongoing Annual Fee

$295

From year 2 onwards

Program Fee

$75

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

Travel Insurance

Up to 6 months complimentary international travel insurance cover when eligibility criteria are met, including prepaying $500 of travel costs and holding a return overseas ticket before departing Australia.

Rental Vehicle Insurance

Rental Vehicle Excess cover in Australia included as part of complimentary insurances.

Purchase Protection Insurance

Up to 4 months purchase protection insurance on eligible purchases as per the Credit Card Complimentary Insurance Policy.

Extended Warranty Insurance

Up to 24 months extended warranty insurance cover in addition to the manufacturer's expressed Australian warranty on eligible purchases.

Transit Accident Insurance

Overseas Transit Accident Insurance covers accidental death or injury when traveling overseas as a passenger on plane, bus, train or shorthaul ferry with tickets purchased on the card.

Lounge Access

Two complimentary single-entry Virgin Australia Domestic Lounge Passes per year, valid for 12 months from issuance, appearing in Velocity Frequent Flyer account within 10 business days of eligible spend.

Lounge Access

Two Qantas Club Complimentary Invitations per 12-month period for cardholders earning Qantas Points, valid for Qantas Club and Qantas operated International Business Lounges (excluding some lounges). Invitations available via Qantas Complimentary Invitations Portal.

Seat Upgrades

Two complimentary Economy X Seat Upgrade Vouchers per year for eligible domestic Virgin Australia flights, valid for 12 months from issuance, appearing in Velocity Frequent Flyer account within 10 business days of eligible spend. Vouchers redeemable by calling Virgin Australia Guest Contact Centre.

Concierge Service

Personal Concierge Service available 24/7 for Westpac Altitude Black cardholders to browse and book experiences, purchase hard-to-get tickets, and make last-minute restaurant reservations via westpac.tenconcierge.com or phone 1300 651 999 (option 4).

No Additional Cardholder Fee

One additional cardholder (16 years or older) can be added at no extra cost.

Interest Free Periods

Up to 45 days interest-free period on purchases when the closing balance or monthly payment balance is paid in full by the due date. Cash advances are excluded.

Digital Wallet Integration

Card supports Apple Pay, Samsung Pay, and Google Pay digital wallets.

Digital Card Issuance

Instant Digital Card available from account opening, allowing use before physical card arrives.

I'd like to use my bonus for:

Supermarket Gift Cards Virgin Australia Singapore Airlines

Craig's Analysis

120,000 bonus + 3,000 from $6,000 spend

79,354 Krisflyer pts × 1.5¢/pt = $1,190

− $275 first year fees

Est. profit $915

Sydney → Singapore · Business (72,000 pts/way)

0 return trip + 1 one way trip.

Points via Singapore Airlines

Bonus Difficulty

Easy

●○○

$50 per day required

First Year Cost

$275

annual fee + $75 program fee

Estimated Bonus Value

$1349

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Average

●●○○

0.50x Velocity points per $1

Travel Benefits

Lounge Access

Two complimentary single-entry Virgin Australia Domestic Lounge Passes each year

Did this help you make a decision?

79,354 Krisflyer miles

0.32 miles per dollar

Points transfer 1.55 Velocity points 1 Krisflyer miles

View Exclusive Offer Details

Velocity Frequent Flyer bonus offer. Activate offer on the VFF portal before applying. Includes 30,000 extra bonus Velocity Points from VFF activation on top of the standard 90,000 Velocity Points card offer. Reduced first year annual fee of $200 for existing Westpac customers. Card earns Velocity Points directly.

Other offers for this card

Westpac Altitude Velocity Black

Westpac Altitude Velocity Black (Existing customers)

Westpac Altitude Velocity Black (Velocity Bonus Offer)