Mastercard
80,000 bonus Qantas Points*
When you apply, are approved, and spend $3,000 on eligible purchases on your new Westpac Altitude Black card within 90 days of card approval. $0 Annual Card fee
in the first year ($250 p.a. thereafter, plus a $50 Qantas Rewards fee p.a. thereafter)+.
AmEx
40,000 bonus Qantas Points~
When you apply, and spend $3,000 on eligible purchases on your new American Express® Westpac Altitude Black Card within 90 days of Card approval. $0 Annual Card fee in the first year ($199 p.a. thereafter)#.
- Minimum Income $75,000
- American Express® Westpac Altitude Black Card
- 2 Qantas Points for every $1 spent on eligible purchases in foreign currency,
- 1.25 Qantas Points for every $1 spent on eligible purchases in Australia,
- 0.5 Qantas Point for every $1 spent at government bodies in Australia such as Australia Post & the Australian Taxation Office.
- Westpac Altitude Black Mastercard
- 0.75 Qantas Points for every $1 spent on eligible purchases.
- Enjoy two complimentary passes each year to the American Express Airport Lounge at either Sydney or Melbourne International Airports.
- Two complimentary Qantas lounge passes
Edit: From comments it appears annual fee will only be waived if you apply for the bundle
Just a heads up I paid about 50 cents to carbon offset a hypothetical Qantas flight from Sydney to Canberra and that was enough to get the lounge passes =)
The offset website is: https://www.qantasfutureplanet.com.au/