Westpac increasing all credit card annual fees on 15/6/23

[Mattg]

Effective 15 June 2023, Westpac will increase the annual fees on all of its Altitude Platinum and Black cards.

The new fees will be:

• Altitude Velocity & Qantas Platinum: $250 (was $200)
• Altitude Rewards Platinum: $175 (was $150)
• Altitude Velocity & Qantas Black: $370 (was $300)
• Altitude Rewards Black: $295 (was $250)

The fee increases will also apply to existing cardholders when the next annual fee is due.

Rewards cards changes

www.westpac.com.au

 

[cove]

I am on St George so it may take a few days for Westpac to get around to their other business names to increase annual fees.

 

[jastel]

Just got an email about this for my Qantas Black...not real happy.

The card fee has risen a bit...fair enough...but there is a $75 fee now just to get Qantas Points. From what I see this gets me nothing more than I already get and is just a gouge. What are they trying to do force you to get Altitude points instead...which cant be converted to Qantas Points.

Unfortunately I am not in a financial position currently to argue with them or apply for other cards, so will just have to suck it up.

 

[kpro]

The Amplify range across St George, Bank of Melbourne and BankSA has now increased too. Got an email today about my Amplify Platinum.

Platinum went from $99 fee to $124 + $75, so essentially doubled in price.
Signature was $279 and has increased to $295 + $75.

 

[flyingmachine]

When does Westpac usually charge the annual fee? Just got the credit card and wondering when I'll be stung..

 

[kerfuffle]

When does Westpac usually charge the annual fee? Just got the credit card and wondering when I'll be stung..

First bill

 

[Pele]

First bill

I just closed my card after receiving the first statement and managed to dodge the annual fee but couldn't dodge the $75 Qantas points fee.