This may've been covered in previous posts nut just in case.....
Talking to the bank recently about my home loan I discovered that there's no annual credit card fees on any of their cards including the top tier ones during the life of the loan & thats standard for any home loaner of Westpac & I'd bet most of the other AU banks. Besides the extra travel insurance, product warranties etc the Black Mastecard gives .625 points per $ & the included free Amex card 1.5 points per $1 & 3 points per $1 offshore. The Amex can also be used to charge in $A when OS so no foreign exchange fees or bank charges which I didn't know before. If you've gone Qantas Altitude as I have then any QF purchased airfares also earn an extra point per $ on top of the dollars spent. Addtionally the Black card gets you two visits into the Sydney Amex lounge in T1 per year & two entries per year into the 700+ Priority Pass lounges around the world so very handy when not flying One World if you're a QF Goldie or higher but can't use their lounges as you're travelling with the enemy! Anyway that's a card that's normally $390 per annum that's free for having a home loan that I've got to pay anyway so why not upgrade! I've also found the banks black card concierge services much faster & friendlier compared to prior to holding the black cards. Hopefully others find this info useful.
Talking to the bank recently about my home loan I discovered that there's no annual credit card fees on any of their cards including the top tier ones during the life of the loan & thats standard for any home loaner of Westpac & I'd bet most of the other AU banks. Besides the extra travel insurance, product warranties etc the Black Mastecard gives .625 points per $ & the included free Amex card 1.5 points per $1 & 3 points per $1 offshore. The Amex can also be used to charge in $A when OS so no foreign exchange fees or bank charges which I didn't know before. If you've gone Qantas Altitude as I have then any QF purchased airfares also earn an extra point per $ on top of the dollars spent. Addtionally the Black card gets you two visits into the Sydney Amex lounge in T1 per year & two entries per year into the 700+ Priority Pass lounges around the world so very handy when not flying One World if you're a QF Goldie or higher but can't use their lounges as you're travelling with the enemy! Anyway that's a card that's normally $390 per annum that's free for having a home loan that I've got to pay anyway so why not upgrade! I've also found the banks black card concierge services much faster & friendlier compared to prior to holding the black cards. Hopefully others find this info useful.
