Westpac Dual Card Offer: Amex, MasterCard Share Account
Matthew Charles reports for Australia's Herald Sun on the new Altitude Platinum rewards card program launched by Westpac that actually issues each consumer two cards - a co-branded American Express card and a Westpac MasterCard.
According to the story, "customers will get an American Express card as a primary card and a Mastercard as a backup for times when Amex is not accepted." The Altitude Platinum card program has an annual fee of A$295.
Here are some highlights from Westpac's web site:
The Westpac Altitude Platinum program is a first - a credit card program that combines value and prestige. Every time you use your Altitude Platinum American Express® Card you earn 4 points per $1 spent until 30 September 2006, and 3 points per $1 spent ongoing.Plus, you get 1 point per $1 spent on your Altitude Platinum MasterCard®. You enjoy the benefits of the Best Bank Rewards Program 2006, voted by Money Magazine. You receive exclusive offers from American Express and MasterCard. As well as free overseas travel insurance and purchase protection insurances.
All for the annual fee of $295.
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