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Westpac Airpoints Platinum Mastercard Guide

The Airpoints Platinum Mastercard is Westpac’s mid-range Air New Zealand Airpoints Dollars (APD) earning card. It comes with waived joining fees and membership discount to Air New Zealand Koru Club, and complimentary travel insurances.

Westpac’s range of Airpoints earning credit cards includes the entry-level Classic Airpoints Mastercard, their highest Airpoints earning card – the Airpoints World Mastercard and the SME-targeted Airpoints Business Mastercard.

Digging into the details of the Westpac Airpoints Platinum Mastercard

Card Details

CardWestpac Airpoints Platinum Mastercard
Loyalty programAir New Zealand Airpoints
Airpoints Dollars earned from spend1 Airpoint Dollar for every $75 spent on the card
Status Points earned from spend1 Status Point for every $225 spent
Travel benefitsWaived Koru Joining fee and discount on membership, pay no international transaction fees (usually $8) when withdrawing money overseas from an ATM within the Global ATM Alliance.
Included insurancesUp to 35 days overseas travel insurance, purchase protection insurance, and extended warranty insurance (PDS)
Foreign currency fee1.4% of NZD converted value of foreign currency transaction amount
Annual fee$145

Earning Airpoints Dollars from spend with the Westpac Airpoints Platinum Mastercard

The Westpac Airpoints Platinum Mastercard will earn you 1 Airpoints Dollar for every $75 spent on the card in NZ dollars, with an effective earn rate of 0.013 Airpoints Dollars per dollar spent.

While this is on par with other Airpoints Platinum cards issued by the banks, in terms of earn rate, the card is pipped by the American Express Platinum Airpoints which earns 1 APD for every NZ$59 spent with a $195 annual fee. Mastercard is however more widely accepted both in New Zealand and abroad.

As most Kiwis and others with previous experience of the Air New Zealand’s Airpoints program know, it is not a complex program – 1 Airpoints Dollar = $1 of flight credit with Air New Zealand when it comes to redemption time and making use of the points earned with the card.

Airpoints Dollars Advance & Non-expiry

Westpac will also provide an extra 200 APD advance (kind of like an overdraft facility) to the primary card holders Airpoints account, a useful extra benefit of the card when just a little short of a chosen Airpoints dollar redemption with Air New Zealand.

The primary cardholders APD’s will also never expire as long as the Airpoints member remains a current Westpac Airpoints Platinum Mastercard cardholder.

Extended Gifting

Air New Zealand allow you to gift flights for others who live in your household, through the use of Airpoints Dollars. The Westpac Airpoints cards offer an Extended Gifting feature, which allows you to gift flights to up to 2 people outside your household each year.

Giftees may be nominated during the first 12 month period after opening the account, with these nominations automatically expiring at the end of that 12 month period. Giftees will need to be nominated or re-nominated in every 12 month period thereafter. This offer is not cumulative with any other gifting rights under the Airpoints Programme (including gifting rights available to Gold or Elite Airpoints members).

You can set up your Airpoints Gifting Register by signing in to your online Air New Zealand account.

Earning Airpoints Status from spend

Alongside the Airpoints Dollars earned, you also earn Airpoints Status Points with your spend, with an earn rate of 1 status point for every $225 spent.

The earn rates for Status Points on spend are not high enough to make a huge dent in what you need to achieve status with Air New Zealand, with Gold membership requiring 900 Status Points and half of those have to be earned from Air New Zealand or Star Alliance partner flights.

Even if you maxed out the 450 Tier Points toward elite status, with the Status Points earned from the card you’d need to spend $101,250 on the Westpac Airpoints Platinum Mastercard to earn them, so for all but the biggest spenders, Status Points will just be a portion of your status earn to help top you up.

Koru Club fee reductions

Air New Zealand’s Koru lounge membership program offers Air New Zealand lounge access for a member and a guest when travelling on an Air New Zealand flight, regardless of class of travel.

You’ll also get access to the impressive LAX Star Alliance lounge, along with Virgin Australia lounges when travelling with Virgin Australia in Australia (until October 2018) and priority check-in for Air New Zealand flights.

LAX Star Alliance lounge
LAX Star Alliance Lounge

The standard joining fee of $255 is waived for Westpac Airpoints Platinum Mastercard cardholders, while the annual membership fee is reduced by $145 to $484 annually, which helps cover the cost of the annual fee of the card if you were going to be buying membership anyway.

Insurances and other benefits

The Westpac Airpoints Platinum Mastercard comes with up to 35 days overseas travel insurance for the cardholder and family, including coverage for medical expenses, cancellation and baggage/money/documents.

Extended 12-month warranty coverage and purchase protection insurance is also an included benefit for goods purchased with the Airpoints Platinum Mastercard.

You’ll need to check the PDS terms and conditions of the insurance to make sure the coverage is suitable to your own needs. AIG, the company that provides the complimentary insurances, has a useful site set up for Westpac customers, that includes an eligibility questionnaire, links to to policy documents, and an FAQ section.

Cardholders also gain access to the Platinum Mastercard Concierge service, useful for arranging restaurant or ticket reservations, and the Mastercard Privileges program, offering exclusive travel and dining experiences across the globe.

Westpac Apple Pay and Google Pay support

Westpac cards support Apple Pay, meaning you can use this card on your iPhone for easier payments. Find out more in our dedicated guide below.

There is no word yet if Westpac will support Google Pay in the future but they do have their own app for Android users called Westpac Pay.

Westpac Airpoints Platinum Mastercard Guide was last modified: February 5th, 2020 by Daniel Kinnoch

Summing up – Westpac Platinum Airpoints Mastercard

The Westpac Platinum Airpoints Mastercard often comes with a decent Airpoints dollar sign-up bonus that will pay for its annual fee for at least the first year. Together with the Airpoints Dollars Advance, the sign-up bonus will often be enough for a return economy flight with Air New Zealand to Brisbane, Melbourne of Sydney. The card earn rate is on par with all other Platinum Airpoints credit cards issued by banks in New Zealand, and the card also allows you to earn Air New Zealand Status Points.

Many of the included benefits such as discounted annual Koru membership with no join fee, access to the Platinum Mastercard Concierge service, and included travel insurance could prove to be useful to regular Kiwi international travellers.

If you’re a regular traveller and committed Air New Zealand frequent flyer looking to increase free flight earning potential and subsidise non-flying status credit earn, the Westpac Airpoints Platinum Mastercard is worth considering.

Westpac Airpoints Platinum Mastercard Guide was last modified: February 5th, 2020 by Daniel Kinnoch

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