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 anything, anywhere Mastercard is accepted*, using hotpoints Pay®, or via the hotpoints website. Browse our range of rewards here.
	Up to 55 days interest free on purchases. Conditions apply^{^}
	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 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, and redeem them for our wide range of rewards.

	hotpoints rewards You can use your hotpoints on just about anything. With hotpoints Pay you can use your hotpoints for purchases at millions of local, international and online retailers, anywhere Mastercard is accepted. There’s also a wide range of rewards you can redeem for via the hotpoints website, so take a look at what your points could 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. on the balance transferred for the life of the balance.
Cash advance rate	22.95% p.a.

Fees

Fee type		Fee amount
hotpoints Mastercard - Fees
Fees on this page are current as at 20 January 2021 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		1.4% of transaction amount 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.

View Terms and Conditions

*Eligible purchases exclude gambling chips or gambling transactions (including online gambling), cash advances, interest charges, or transactions on any nominated account(s) linked to your credit card or account, or any other purchase that Westpac deems ineligible for hotpoints Pay. Only purchases made with a hotpoints Mastercard can be used for hotpoints Pay.

^If you have paid your last statement period closing balance in full, you will start your current statement period with a $0 balance owing. When you start your current statement period with a $0 balance owing, do not have a transferred balance on your credit card and pay your statement closing balance in full by its due date, you will get up to 55 days interest-free on your purchases. Cash advances are not purchases and have no interest free days. See credit card interest-free period page for how it works.

¹Eligible 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 first be applied to charges and interest accrued, then to cash advances and purchases, followed by balance transfers. Interest rates and fees are current as at 20 January 2021 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. Your card must remain within its credit limit after the balance has been transferred. Balances cannot be transferred to a Mastercard® BusinessCard/Purchasing Card. Balance transfers do not earn Airpoints Dollars™ or hotpoints®. You must close any facilities indicated in this application as being repaid by the Balance Transfer.

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.

The following purchases and transactions do not earn hotpoints (see the Westpac Credit Card Conditions of Use for the applicable card for full details): fees and interest; balance transfers; credit card repayment insurance; gambling chips or gambling transactions (including online gambling); cash advances or withdrawals made from ATMs or over the counter at a bank; money orders, travellers cheques and foreign currencies in cash; any transaction that is reversed, refunded or charged back; transactions on any nominated account(s) linked to your Westpac hotpoints credit card; and business-related purchases made with a Westpac hotpoints credit card other than a Westpac hotpoints Business Mastercard.

Payments will be applied to charges and accrued interest, then to cash advances and purchases, followed by balance transfers. If you have multiple balance transfer rates, payments will first be applied to the balances transferred at the highest interest rate.

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

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