BusinessPLUS MasterCard®

Keep your business and personal expenses separate1 while earning hotpoints® on your spend2. You’ll also enjoy flexible payment options and benefits such as travel insurance.

Special offer: Pay only 1.99% p.a. for 12 months on balance(s) transferred to a Westpac credit card^.
Find out more.


Highlights of the Westpac BusinessPLUS MasterCard®

The Westpac BusinessPLUS MasterCard has all the benefits of a personal card for your business – and more, including:

  • apply to transfer your balance to a BusinessPLUS MasterCard and if successful, you could pay 5.95% p.a. for the life of the balanced transferred*
  • hotpoints on every dollar you spend1, which can be redeemed for great travel and other rewards – for personal or business use
  • up to 35 days travel insurance3
  • add an additional or joint card for a business partner or employee (up to five additional cards) 
  • Extended Warranty Insurance of 12 months for goods purchased on your BusinessPLUS MasterCard, and Purchase Protection Insurance too3 .
  • your accountant can receive your transaction data electronically via BankLink

Learn more about hotpoints

More great features

  • up to 55 days interest-free credit on all your purchases^^
  • a competitive interest rate of 20.95% p.a. on purchases and 22.95% p.a. on cash advances.
  • link your other Westpac accounts to your BusinessPLUS MasterCard so you can access them at the checkout and ATMs
  • use your credit card to withdraw cash from overseas banks and ATMs displaying the MasterCard and Cirrus acceptance marks. 4 
  • 24-hour credit card emergency assistance. 
  • no annual account fee for your BusinessPLUS MasterCard for as long as you have a personal hotpoints Platinum MasterCard account open
More details

Exclusive BusinessPLUS MasterCard benefits

Let’s take a closer look at some of the key benefits of your BusinessPLUS MasterCard.

hotpoints® rewards

With a BusinessPLUS MasterCard credit card, you’ll earn 1.25 hotpoints on every dollar you spend on your card. 1 These points can then be redeemed for an extensive range of rewards.

The benefits of hotpoints:

  • Whether it’s flights, accommodation or car rental you’re after, hotpoints offers a selection of travel rewards – like ‘Pay Using Points’ at Flight Centre, travel vouchers, or Holiday Credits. With Holiday Credits, pay for your travel with your hotpoints credit card, and then use your hotpoints to help pay for it.
  • You can also redeem your points for a wide range of retail gift cards and merchandise, donate to charity or contribute to your Westpac KiwiSaver Scheme account – the choice is yours.

Find out more about hotpoints or visit to see how you could reward yourself.

Your Travel Cover

You could be covered for up to 35 days per round trip, when you travel overseas and use your credit card for your prepaid travel costs3**. A minimum spend applies for different travel regions. Family members travelling with you may also be covered when a minimum amount is pre-paid on the card.

Before you travel, make sure you’re covered and check out the policy document for full information. You can download a copy here or get a copy from any Westpac Branch, or call AIG on 0800 465 322.

Your buyer’s companion

For peace of mind your BusinessPLUS MasterCard also provides:

Purchase Protection Insurance3* - when you pay for any purchase in full on your credit card you can rest assured knowing that should the item be lost, stolen or accidentally damaged, it could be covered for replacement for up to 90 days.

Extended Warranty Insurance3* – extend a manufacturer’s New Zealand warranty by up to 12 months on items you pay for in full on your card.

MasterCard Privileges

Head to the MasterCard Privileges page to find offers specially selected for MasterCard cardholders. You’ll find a broad range of local and global experiences across dining, travel, retail and entertainment.

Check out MasterCard Privileges

Rates & fees

Interest rates for your BusinessPLUS MasterCard

BusinessPLUS MasterCard - Interest rates
CardInterest rates
Purchases (and other fees & charges) 20.95% p.a.
Balance transfer rate
Transfer balances from another bank’s credit card, overdraft, personal loan, or hire purchase agreement to a Westpac credit card.
 > More on balance transfers
1.99% p.a.*special rate  for 12 months on the balance transferred
5.95% p.a. for the life of the balance transferred
Cash advance rate
Cash advances on all Westpac credit cards, excluding those on Portfolio pricing.
22.95% p.a.

Fees for your BusinessPLUS MasterCard

BusinessPLUS MasterCard - Fees
Some overseas banks may charge an extra fee for a cash advance.
Fee descriptionFee amount
Annual account fee (including hotpoints)
 Paid in two 6-monthly instalments of $50. BusinessPLUS MasterCard holders who also have a personal Westpac Platinum card will not be charged the BusinessPLUS annual fee for as long as they keep their personal Westpac Platinum card account open.
$100 per year
Cash advance in NZ using a Westpac ATM
$2 per transaction
at other bank ATMs $2 per transaction
Westpac branch teller $2 per transaction
Cash advance overseas using Global ATM Alliance ATMs Transaction fees do not apply when using ATMs within the Global ATM Alliance in the respective country shown. Institutions participating in the Global ATM Alliance are subject to change but currently include Deutsche Bank (Germany), Bank of America (United States), Scotiabank (Canada), Barclays Bank (United Kingdom), BNP Paribas (France), Westpac (Australia) and Westpac (New Zealand).The NZ$8 international transaction fee saving applies to Westpac customers only, and is subject to change. All other international and standard fees apply including foreign currency conversion fees apply – see the  <a href="" target="_blank">Transaction and Service Fees brochure</a> or <a href="" target="_blank">Business Transaction and Service Fees brochure</a> for details. $0
using other ATMs or at bank branches Note: An ATM service fee may be charged by the ATM provider. NZ$8 per transaction
Joint/additional card $15 per year
Late payment fee $15 per late payment
Card over limit
Applies where you exceed your account credit limit during any statement period.
Replacement card
where original card is lost, damaged or stolen
$15 per card
Courier delivery in NZ/overseas Courier costs where applicable 
Foreign currency fee When you use your Westpac credit card to make an overseas transaction, you'll pay a foreign currency fee. This is currently 2.5% of the New Zealand dollar converted value of the foreign currency transaction amount. A foreign currency conversion fee is applied to purchases, cash withdrawals and any fees and charges in a foreign currency incurred by you from the overseas merchant or merchant bank for that transaction. 2.50% of NZD converted value of foreign currency transaction amount

Payment flexibility

The payment flexibility you need

We understand that managing cash flow is critical to business owners. Our BusinessPLUS MasterCard has all the payment flexibility of our personal hotpoints Platinum MasterCard:

  • Choose to pay off your card in full or meet the minimum repayment (2% of the balance owing each month, or $5 – whichever is greater).5
  • Make payments off your credit card by automatic payment, direct debit via Online Banking or Business Online banking available 24/7. Or use our Phone Banking service, funds transfer or simply pop into a branch.
  • Your accountant can receive your transaction data electronically via BankLink.
  • There's no international transaction fee to pay (usually $8) when withdrawing money overseas from an ATM within the Global ATM Alliance6. See the Fees and Rates tab for more information.