Velocity Rewards · Credit card
Altitude Velocity Black
150,000points
90,000 pts in year one, the rest in year two · ≈ $1,200 in value · $905 after the $295 first-year fee
1st of 66 bonus cards
Get up to 150,000 bonus Velocity Points - 90,000 Velocity Points in year 1 if you spend $9k+ on eligible purchases within 90 days of new card approval and an extra 60,000 points with $9k+ spend on eligible purchases within 90 days of card anniversary in year 2.
- Annual fee
- $295
- Rewards program
- Velocity Rewards
- Purchase rate
- 23.98% p.a.
- Airport lounges
- Domestic
- Minimum income
- $75,000 a year
- Rewards program fee
- $155
- Annual fee
- $295
- Rewards program fee
- $155
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Late payment fee
- $20
- Rewards program
- Velocity Rewards
- Base earn rate
- 0.4 Velocity Rewards pts per $
- Everyday spend
- 0.8 pts per $
- Overseas spend
- 1.5 pts per $
- Purchase rate
- 23.98% p.a.
- Cash advance rate
- 23.99% p.a.
- Interest-free days
- Up to 45
- Airport lounges
- Domestic
- Complimentary travel insurance
- Yes
- Purchase protection
- No
- Concierge
- Yes
- Network
- Mastercard
- Minimum income
- $75,000 a year
- Minimum credit limit
- $6,000
- Maximum credit limit
- $75,000
- Altitude Velocity Black
October 20263 changes
- 14Wed
- First-year fee now the full fee—
- 10Sat
- First-year fee now $200—
- 1Thu
- Annual fee $370 → $295−$75
Annual fee $370 $295 −$75 Base earn rate 0.5 0.4 −0.10
Our premier Velocity credit card gets you our highest Velocity Points earn rate as well as complimentary airport lounge access, seat upgrades, insurances and concierge.
Also from Westpac: Altitude Qantas Black $905 net · Low Rate Card $366 net · Low Fee Card $240 net · Altitude Black Rewards World Mastercard $235 net · Altitude Velocity Platinum $225 net · Altitude Qantas Platinum $225 net · Altitude Rewards Platinum $132 net · Westpac Lite Card $108 fee
150,000 pts Velocity Rewards, worth about $1,200 as of 2 November 2026. After the $295 first-year fee it nets $905, 1st of 66 bonus cards tracked by BankMate. No end date is published for the offer. From the provider's Consumer Data Right feed, refreshed nightly.