hotpoints® Mastercard®

Earn rewards on your everyday spend with hotpoints, from vouchers to travel, merchandise and more. All while enjoying a low annual account fee.

Highlights

	Earn 1 hotpoint for every $1 spent on your card.¹you can redeem your hotpoints for a range of rewards, from vouchers to travel, merchandise and more. Browse our range of rewards here.
	Up to 55 days interest free on purchases^{^}
	Calculate how many hotpoints you could earn with a Westpac hotpoints credit card and see what rewards you could get with our hotpoints calculator.
	Contactless technology for fast and convenient payments (of under $80) on the go with Mastercard Tap & Go™.
	Westpac CardGuard® protects you 24/7 from fraudulent activity². Misplaced your card? Temporarily block or unblock your card with Card Blocker.
	Pay no international transaction fee (usually $2) when withdrawing money from a Global ATM Alliance ATM². See 'Rates and Fees' for more details.
	Apply to transfer your balance to a Westpac credit card and you could pay only 5.95% p.a. for the life of the balance transferred³.
	24-hour emergency credit card assistance.
	Head to Mastercard Priceless Cities for special offers on a broad range of local and global experiences.
	Monitor your card spend in real time with CashNav - our money management app. Find out more.

More details

hotpoints® rewards

With a hotpoints Mastercard, you’ll earn hotpoints on every dollar you spend on your card¹, which can be redeemed for an extensive range of rewards.

	hotpoints rewards You won't believe the range of rewards available through hotpoints. Take a look to see what your points can get you.
	How to earn hotpoints Here's how to earn hotpoints with your Westpac hotpoints credit card.
	How to redeem your hotpoints It's simple to turn your hotpoints into great rewards.

Find out more at hotpoints.co.nz to see how you could reward yourself with a Westpac hotpoints credit card.

Rates, fees & more

Minimum credit limit

hotpoints Mastercard has a minimum credit limit of $500

Repayment options

Pay your card off in full or make any payment above the monthly minimum (either 2% or $5 of the balance owing - whichever is greater)⁴ . View payment options here.

Rates

Card	Interest rates
hotpoints Mastercard - Interest 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. for the life of the balance transferred.
Cash advance rate	22.95% p.a.

Fees

Fee type		Fee amount
hotpoints Mastercard - Fees
Fees on this page are current as at 17 February 2019 and are subject to change. Some overseas banks may charge an extra fee for a cash advance.
Annual account fee		$44 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	Free 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="https://www.westpac.co.nz/assets/Personal/Your-Money-and-Tailored-Packs/Brochures/transaction_service_fees.pdf" target="_blank">Transaction and Service Fees brochure</a> or <a href="https://www.westpac.co.nz/assets/Personal/Your-Money-and-Tailored-Packs/Brochures/business_transaction_and_service_fees.pdf" target="_blank">Business Transaction and Service Fees brochure</a> for details.
Cash advance overseas	using other ATMs or at bank branches	NZ$2 per transaction Note: An ATM service fee may be charged by the ATM provider.
Joint/additional card		$15 per year
Late payment fee		$8 per late payment
Card over limit Applies where you exceed your account credit limit during any statement period.		$1
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		2.50% of NZD converted value of foreign currency transaction amount 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.

View Terms and Conditions

Westpac’s Credit Card Conditions of Use will apply. See westpac.co.nz/credit-card for details on the current rates and fees.

^{^}Interest free days do not apply when you have taken up one of our balance transfer offers and have not paid off the balance transferred in full during the statement period.

¹ Eligible purchases exclude cash advances, charges, interest, cash substitutes, business expenditure (excluding transactions made on a BusinessPLUS Mastercard), balance transfers, transactions on your nominated account(s) linked to your credit card, any transaction that is reversed, refunded or charged back.

²The 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 – refer to the Transaction and Service fees brochure details. Global ATM Alliance banks and their details are subject to change.

³Rate will apply to balance(s) transferred until that balance(s) is paid off. Balance Transfer Terms and Conditions and lending criteria apply. All applications are subject to Westpac approval. You cannot transfer a balance from a Westpac card or loan. Payments made to your Westpac credit card will be applied against balance transfers (until paid in full) before cash advances and new purchases, but after charges and interest that have accrued. Interest rates and fees are current as at 17 February 2019 and are subject to change without notice. All new purchases, cash advances and any unpaid interest or fees will incur interest at the standard interest rate in accordance with the card's Conditions of Use. You can transfer up to 95% of your available credit card limit. Balances cannot be transferred to a Mastercard® BusinessCard/Purchasing Card. Balance transfers do not earn Airpoints Dollars™ or hotpoints®.

⁴If you make only a minimum payment each statement period, you will pay more interest and it will take you longer to pay off the unpaid balance.

This material on this page is provided for information purposes only, without taking your particular financial situation or goals into account.

Westpac’s Credit Card Conditions of Use and Balance Transfer Terms and Conditions will apply. Westpac is not the supplier of the goods and services that can be redeemed with hotpoints and does not guarantee the obligations of the supplier or any goods and services supplied. Any goods or services that are provided by a third party supplier may be withdrawn at any time. Westpac is not responsible for the quality or suitability of any such goods or services. Mastercard is a registered trade mark and the circles design is a trade mark of Mastercard International Incorporated. Westpac New Zealand Limited.

BT Funds Management (NZ) Limited is the scheme provider, and Westpac New Zealand Limited is the distributor, of the Westpac KiwiSaver Scheme. Investments made in the Westpac KiwiSaver Scheme (Scheme) do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances, and loss of investment value, including principal invested. None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac group of companies, The New Zealand Guardian Trust Company Limited, or any director or nominee of any of those entities, or any other person guarantees the Scheme’s performance, returns or repayment of capital. A copy of the statement for any securities for which a statement is required is available from any Westpac branch in New Zealand. Westpac New Zealand Limited