Westpac have again revised their Black Mastercard/AMEX bundle offer. Not as good as the $0 first year promo they had late last year, but the Qantas points bonus for the Mastercard has increased from 80k to 90k, which is still pretty decent for the now $150 annual fee first year. Unfortunately the application has to be for the bundle (so two credit checks, for those that care), but the bundled AMEX card, at an additional $199 annual fee, is probably best thrown in the bin.
The usual 12 month exclusion period applies, even though the person who wrote this needs to go back to grammar school. “Existing Westpac customers who currently hold an Earth Platinum, Earth Platinum Plus, Earth Black, Altitude Platinum or Altitude Black credit card in the last 12 months are not eligible for this offer”.
Mastercard
90,000 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. Reduced Annual Card fee: $150 Annual Card Fee for the first year* ($250 p.a. thereafter). Qantas Rewards fee: $0 Qantas Rewards fee for the first year. ($50 p.a. thereafter).
Two complimentary Qantas lounge passes (largely offsets the $150 annual fee).
AMEX
40,000 bonus Qantas Points~
When you apply, are approved, and spend $3,000 on eligible purchases on your new American Express® Westpac Altitude Black Card within 90 days of Card approval. $199 Annual Card fee.
Enjoy two complimentary passes each year to the American Express Airport Lounge at either Sydney or Melbourne International Airports.
Just tried to ask Amex to waive my $199 annual fee, they said "Amex doesn't do that". Even though I told them I will cancel the card then. Amex would not budge.