Business Mastercard®

Give your employees the flexibility to pay for work-related expenses on a credit card, while gaining a complete overview of their activities. 

Key features

Keep control, reduce costs, increase efficiency

• Ensure your employees can always pay their way, wherever they are. Mastercard is accepted at over 38 million locations worldwide.

• Minimise misuse. Set controls on individual cards that determine how, where and when cards can be used.

• Reduce the cost of processing with an online Expense Management System of your choice, or have your transaction data delivered directly into your internal accounting/finance system.

• Manage expenses electronically and help minimise interest costs.

Customise every card

• You can customise your card design to reflect your corporate identity (a minimum print run and fees apply).

Expense Management Systems

Integrate your Mastercard BusinessCard facility with an expense management system (EMS) for a powerful business solution. Using leading web-based reporting, an EMS gives your business additional control, more comprehensive reporting and better management over daily expenditure.

Enhanced business spending oversight

Your transaction data is delivered to your chosen EMS, giving you:

• Increased visibility of, and accountability for, transactions.
• Enhanced reporting functions that highlight potential problems.
• Exception reporting to manage card usage.

An EMS to suit your business

Integrate your Westpac Mastercard BusinessCard with virtually any EMS, including (but not limited to):

• Smart Data Generation 2 (Business or Corporate versions)
• Fraedom
• Concur
• Pro Master

Alternatively, your transaction data can be delivered directly to your accounting or finance system such as SAP, Oracle, TechnologyOne or MYOB.

Talk to your Westpac NZ Relationship Manager or call us on 0800 888 111 to ensure your business credit cards and EMS are the exact fit for your business. 

Rates and Fees

Interest rates for your Business Mastercard

Business Mastercard Account - Interest rates
CardInterest rates
Retail purchases
full payment of all outstanding monthly balances to be paid made by direct debit on due date
0.00% p.a.
Cash advance rate
Cash advances on all Westpac credit cards, excluding those on Portfolio pricing.
22.95% p.a.

Fees for your Business Mastercard

For up to 25 cards, you pay $50 per card per year.  If you require more than 25 cards, please contact your Westpac relationship manager.  If you don’t have a relationship manager, or you’re not currently a customer of Westpac, please contact a Business Manager for more details.

Business Mastercard - Fees
Fees on this page are current as at 2 December 2020 and are subject to change. Some overseas banks may charge an extra fee for a cash advance.
Fee descriptionFee amount
Card fee (up to 25 cards) $50 per card, p.a.
Smart Data fee $35 per card, p.a.
Data Feed fee $9 per card, p.a.
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
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