Westpac Airpoints Platinum Mastercard

Name: Westpac Airpoints Platinum Mastercard
Brand: Westpac
Rating: 4.8 (1 reviews)

Earn uncapped Airpoints Dollars at the rate of 1 Airpoint Dollar for every $110 spent up to $7,000 and 1 per every $220 n qualified spending thereafter.
Earn 1 Status Point per $225 spent on eligible purchases.
Get 200 Airpoints Dollars in advance if you need more for a redemption.
Balance transfer debt at 5.95% p.a. for the life of the balance transferred.

Pros and cons

Earn uncapped Airpoints Dollars at a higher rate (1 per $95 spent) up to $15,000, then $1 per $190.
Earn Status Points.
Get up to 200 Airpoints Dollars in advance if you need some extra for a redemption.
Koru membership joining fee is waived. First year's individual membership comes at a discount.
A very low balance transfer rate for the life of the balance transferred.
Complimentary overseas travel insurance cover.
No cash advance fees locally or overseas.

Additional cardholders. You can get additional cardholders on this card for $25 p.a. in two instalments of $12.50.
Digital wallets. Westpac credit cards in New Zealand support Google Pay and Apple Pay, but no other digital wallets.
Gambling transactions. Westpac Airpoints Platinum Mastercard allows gambling transactions, but they are treated as cash advances.

Complimentary travel insurance. The Westpac Airpoints Platinum Mastercard offers complimentary international travel insurance with coverage of up to 35 days per round trip.
Concierge services. The Westpac Airpoints Platinum Mastercard does not come with a concierge service.
Insurances. This card comes with purchase protection and mobile phone protection.
Rewards points. Earn uncapped Airpoints Dollars at 1 Airpoint Dollar per $110 spent up to $7,000, reverting to 1 Airpoints Dollar per $220 in qualified spending.
Sign-up bonus. There is no sign-up bonus offer on this card right now.
Status points. You can also earn Status Points at the rate of 1 Status Point per $225 on eligible purchases.

Annual fee. Westpac charges an annual fee of $125 for this card, which must be paid in advance in 2 six-monthly instalments.
Balance transfers. Consolidate debt from non-Westac credit and store cards at 5.95% p.a. for life, which differs from how most banks treat balance transfers (with remaining debt reverting to the cash advance or purchase rate).
Cash advances. Cash advances made on the Westpac Airpoints Platinum Mastercard will be charged interest at 22.95% p.a., with interest beginning to accrue immediately. A one-off cash advance fee will be charged too. It's neither the cheapest credit card cash advance nor the most expensive.
Foreign exchange fee. This card charges a 1.95% fee for purchases made in a foreign currency, either overseas or online.
Interest-free period. Take advantage of up to 44 days interest-free on purchases (excluding cash advances) when you have paid your previous balance in full by the due date.
Purchases. With no introductory offer on purchases, purchases will attract the ongoing rate of 20.95% p.a.