As you are probably aware, Altitude points convert to QF at 2 Altitude: 1 QF. So even the 2 points from Westpac AMEX converts only to 1 QF point. I personally believe that if you do not want to get a Platinum card (CBA, HSBC or Citibank), then get a good AMEX card (direct from AMEX) and a cheap visa or master (a standard card that charges low fees with or without rewards). Now, I find AMEX's acceptance have significantly grown and I use CPA AMEX (no fees what so ever even for the companion card
) as my primary card. I do not pay fees for my WP Altitude as I have a mortgage package with them, but use it very rarely).