Westpac Banking Corporation

Credit cards

All Business Credit Cards

Rates p.a.
Purchases

14.25% p.a.

18.99% p.a.

Cash advances

19.96% p.a.

18.99% p.a.

Fees
Annual card fee

$75 per card (waived when $15,000 or more is spent on the card in the previous year)

$150

Rewards
Points earned on purchases
no

1 Qantas Frequent Flyer point 2  per $1.50

Complimentary insurances 3

Travel insurance
yes yes
Business insurance
yes yes
Purchase insurance

N/A

 

yes
Features
Interest free days on purchases1

Up to 45 days

Up to 45 days

Consolidated monthly statement (principal only)
yes yes
Link to cheque and savings account
yes yes
Cards per facility

Up to 10 4

Up to 10 4

Liability

Joint and several

Joint and several

Suitability
Business type

Sole traders

 

Partnerships

 

Private and public listed companies

 

Trust companies (where the trustee is a beneficiary)

Sole traders

 

Partnerships

 

Private and public listed companies

 

Trust companies (where the trustee is a beneficiary)

Things you should know
  • 1. On credit purchases only, where the closing balance is paid in full by the statement due date each month.
  • 2. Qantas Frequent Flyer points accrue at individual cardholder level only. New points earned during a statement cycle are added to your points balance on a monthly basis, usually within 14 days after your statement is issued. The earning of Qantas Frequent Flyer points through the BusinessChoice Rewards Card is subject to the BusinessChoice Rewards Card Terms and Conditions. You must be a member of the Qantas Frequent Flyer program and have provided Westpac with your valid Qantas Frequent Flyer number. Membership of the Qantas Frequent Flyer program is subject to the Terms and Conditions of the Qantas Frequent Flyer program. A joining fee applies. Please refer to qantas.com/frequentflyer or call the Qantas Frequent Flyer Service Centre on 13 11 31 for more information.
  • 3. Insurance covers are issued by Zurich Australia Insurance Limited ABN 13 000 296 640 AFSL 232507 (Zurich) to Westpac Banking Corporation under separate Master Policies. Zurich is liable for separate risks insured under the terms of each of those policies. The benefits of the insurance covers are extended to Westpac's account holders or cardholders as relevant (as third party beneficiaries) as complimentary benefits. The account holder or cardholder is under no obligation to accept the benefits of the covers and cover is subject to the terms and conditions and exclusions of the policies. For the benefit of the various insurance covers to extend to the cardholder, the cardholder must comply with the insurance terms and conditions. No Westpac group company has any liability in connection with the insurance policies. The BusinessChoice Rewards Card complimentary insurance terms and conditions may be obtained by calling 1300 367 228 or by downloading from westpac.com.au. The Commercial Card Insurance Policy under which complimentary insurance covers are made available to BusinessChoice Everyday Credit Cardholders may be obtained by calling 1300 367 228 or by downloading from Westpac.com.au.
  • 4. The minimum credit limit for any business is $2000, and the minimum credit limit per card is $1000. Credit limits for the business can be changed by Westpac at any time and the Principal can change the limit of individual cardholders at any time provided the limit is within the business limit.

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