Credit Card Compare

American Express Platinum Card vs Westpac Altitude Rewards Black

Compare American Express Platinum Card, Westpac Altitude Rewards Black side by side: annual fees, interest rates, rewards and eligibility to find the right card for you.

You may have seen us in
The Sydney Morning HeraldNews.com.auYahoo! FinanceDaily Mail Australia
Side-by-side comparison of American Express Platinum Card vs Westpac Altitude Rewards Black.
American Express Platinum Card card
American Express Platinum Card
Westpac Altitude Rewards Black card
Westpac Altitude Rewards Black

Card details

Overall
60Good
Highest
54Fair
Airport lounge49/100Highest48/100
Frequent flyer65/100Highest56/100
Qantas Points65/100
Rewards58/100Highest52/100
Sign-up bonus73/100Highest67/100
Travel42/10044/100Highest
Velocity Points65/100Highest56/100

The basics

Card tierPlatinumBlack
Card typeAmerican ExpressMastercard
Credit ratingGoodGood
Rewards programAmerican Express Membership RewardsWestpac Altitude Rewards
Credit limit$3,000 – $100,000$6,000 – $75,000

Eligibility

Minimum age18 years old18 years old
Minimum incomeNot specified$75,000 p.a.
ResidencyAustralian citizen or permanent residentAustralian citizen or permanent resident
Joint applicationNoNo
Temporary residentsEligibleNot eligible
Instant approvalYes (~60 seconds)Yes (~60 seconds)

Repayments

Interest-free periodUp to 44 daysUp to 45 daysHighest
Minimum repayment2% of the closing balance or $25, whichever is greater2% of the closing balance or $10, whichever is greater

Rates & fees

Ongoing interest rates

PurchasesNo interest. Pay in full each month20.99% p.a.
Cash advances0.00% p.a.Lowest21.99% p.a.

Fees

Annual fee$1,450 p.a.$200 p.a.Lowest
Monthly fee
Additional cardholder fee$0$0
Cash advance fee3.5% of the amount
Foreign transaction fee3.5%3%Lowest
Late payment fee$20$20

Rewards

How many points could you earn?

Enter your monthly spend to see estimated annual points for each card below.

$

Earn rate

Everyday spend2.25 pts per $1None
Bonus categoriesNone2 pts per $1 in bonus categories
Other purchasesNone1 pt per $1 on other purchases, up to $10,000 per statement period
Overseas spendNone3 pts per $1 on overseas spend
ATO/government1 pt per $1 on ATO and government paymentsNone
Reduced rate above monthly capNone0.5 pts per $1 above $10,000 per statement period
Points capUncappedUncapped
Points expiryPoints don't expire while your account is open and in order.Points don't expire while your account is open and in order.
Estimated annual points281,000 ptsWorth $2,810Highest236,000 ptsWorth $2,360

Sign-up bonus

Sign-up bonus200,000 points200,000 points
Bonus spend required

Transfer partners

Accor Live Limitless (ALL)5 pts → 1 pt (≈ 0.45 pts per $1)
Air New Zealand Airpoints200 pts → 1 pt (≈ 1 pt per $89)180 pts → 1 pt (≈ 1 pt per $180)
British Airways Club3 pts → 1 pt (≈ 0.75 pts per $1)
Cathay (Asia Miles)3 pts → 1 pt (≈ 0.75 pts per $1)3 pts → 1 pt (≈ 0.33 pts per $1)
Emirates Skywards4 pts → 1 pt (≈ 0.56 pts per $1)
Everyday Rewards5 pts → 4 pts (≈ 1.8 pts per $1)3 pts → 2 pts (≈ 0.67 pts per $1)
Hilton Honors2 pts → 1 pt (≈ 1.13 pts per $1)
Malaysia Airlines Enrich3 pts → 1 pt (≈ 0.75 pts per $1)
Marriott Bonvoy3 pts → 2 pts (≈ 1.5 pts per $1)
Qantas Frequent Flyer2 pts → 1 pt (Ascent Premium only (Platinum Charge & Centurion), ≈ 1.13 pts per $1)
Qatar Airways Privilege Club3 pts → 1 pt (≈ 0.75 pts per $1)
Singapore Airlines KrisFlyer3 pts → 1 pt (≈ 0.75 pts per $1)3 pts → 1 pt (≈ 0.33 pts per $1)
Velocity Frequent Flyer2 pts → 1 pt (≈ 1.13 pts per $1)3 pts → 1 pt (≈ 0.33 pts per $1)
Virgin Atlantic Flying Club3 pts → 1 pt (≈ 0.75 pts per $1)

Related comparisons

Sources

Credit Card Compare
How CardIQ scores cards