BusinessPLUS Mastercard® with hotpoints®

The effective way to manage business expenses, while earning hotpoints® rewards on every business purchase, helping you get rewarded faster.  

Key benefits

hotpoints®, plus:

• Keep your business and personal expenses separate1, and manage your cash flow more effectively.

• Have flexibility on how, when and how much you pay each month2.

• Earn hotpoints® on every dollar you spend3 which can be redeemed for a range of rewards via our online catalogue or by using hotpoints Pay®*.

•Take advantage of up to 55 days interest-free credit on all your business purchases.

• Add an additional card for a business partner or employee, and maintain visibility of spend

• Get up to 35 days overseas travel insurance, Extended Warranty Insurance of 12 months for goods purchased on your BusinessPLUS Mastercard, as well as Purchase Protection Insurance.4

Here's more about hotpoints

The detail

More great features

• 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.54
• Add an additional or joint card for a business partner or employee (up to five additional cards).
• 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.

Flexible payments

• 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).2
• Make payments with automatic payment, direct debit or bill payment via Westpac One or Business Online banking; Phone Banking; funds transfer; or at any Westpac branch.
• Your accountant can receive your transaction data electronically via BankLink.
• There's no international transaction fee to pay (usually $2) when withdrawing money overseas from an ATM within the Global ATM Allinace.6

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 costs4. It doesn’t matter whether your trip is a holiday or for work. (A minimum spend applies for different travel regions.) When a minimum amount is pre-paid on the card, family members travelling with you may also be covered. 
Before you travel, make sure you’re covered and check out the policy document for full information. You can get a copy from any Westpac Branch, or call AIG on 0800 465 322.

Purchase Protection Insurance4

When you pay for any purchase in full on your credit card and the item is lost, stolen or accidentally damaged, it could be covered for replacement for up to 90 days.

Extended Warranty Insurance4

Extend a manufacturer’s New Zealand warranty by up to 12 months on items you pay for in full on your card.

Mastercard Privileges

Using a Mastercard comes with a wide range of Privileges, including local and global dining, travel, retail and entertainment experiences, for business or pleasure.

See Mastercard Privileges

hotpoints® rewards

With a BusinessPLUS Mastercard credit card, you’ll earn 1.25 hotpoints® on every dollar you spend on your card.1 You can then redeem your hotpoints for an extensive range of rewards, for you or your business.

  • You can redeem hotpoints for a wide range of rewards. With hotpoints Pay, you can use your hotpoints anywhere Mastercard is accepted*, at millions of local, international and online retailers.
  • There’s also a range of rewards available to redeem for via the hotpoints website including eCards, Gift Cards, merchandise, charity donations, and contributions to Westpac KiwiSaver Scheme Accounts. 

Find out more about hotpoints or visit

Rates and 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
5.95% p.a. on the balance transferred for the life of the balance.
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 an ATM
Free per transaction
at other bank ATMs Free per transaction
Westpac branch teller $3 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$2 for credit card and NZ$3 for debit card 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. Free
using other ATMs or at bank branches Note: An ATM service fee may be charged by the ATM provider. NZ$2 per transaction
Joint/additional card $25 per year
Late payment fee $8 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
$10 per card
Courier delivery in NZ/overseas Courier costs where applicable 
Foreign currency fee  A foreign currency fee is charged when you make a purchase or cash withdrawal in a foreign currency, and also applies to any fees and charges charged by the overseas bank or vendor in relation to the transaction. This fee is also charged when you make online purchases in a foreign currency. 2.50% of transaction amount