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BusinessChoice Rewards Mastercard

Latest Information

Looking to apply for a new BusinessChoice Rewards Mastercard?

Our BusinessChoice Rewards Mastercard credit card is no longer available. See our full range of available credit cards.

BusinessChoice Rewards Mastercard holders

If you currently have an BusinessChoice Rewards Mastercard, nothing has changed. Existing benefits, features, fees and the conditions that apply are outlined below.


  • Up to 55 days interest free on purchases when closing balance is paid in full by the statement due date each month
  • Business account credit limit from $2,000 up to $50,000
  • Up to 10 cards for each account with individual card credit limits from $1,000
  • Annual fee per credit card currently $150
  • Cardholders earn 0.75 Qantas Point on every $1.50 spent on purchases; points are credited to the individual cardholder's Qantas Frequent Flyer membership account
  • Complete overview of multiple cardholder spending for the principal cardholder(s)
  • Easily export your credit card transaction history into MYOB and BASA wide range of complimentary insurance cover including Interstate Flight Inconvenience cover
  • Get extra card security and peace of mind with several technologies through the Westpac Added Online Security service
  • 20.24% p.a. variable rate on purchases and cash advances.


Earn Qantas Points and redeem for flights or other rewards

There are 2 ways cardholders can register their Qantas Frequent Flyer membership numbers with Westpac in order to earn and use Qantas Points:

Points earned during a statement cycle are added to the cardholder's points balance on a monthly basis, usually within 14 days after your statement is issued.

Complimentary insurance covers

A range of complimentary insurance covers come with your cards as set out in the Westpac Business Credit Cards Complimentary Insurance Policy (PDF 238KB) / Commercial Cards Insurance Policy (PDF 357KB) for detailed information including eligibility criteria and terms, conditions, limits and exclusions that apply.

Contactless technology, a faster way to pay 

For a fast and convenient payment option for purchases under $100 - simply hold your contactless card against the terminal wherever you see the contactless symbol or your card logo - no need to enter a PIN or sign (where available).

Manage your account online for greater convenience

Register for Westpac Business Online Banking to manage your account more conveniently. Principals can obtain copies of individual credit card statements.


Fees (these may change) Amount
Annual fee $150 for each credit card
Foreign Transaction Fee

A 3% Foreign Transaction Fee is payable as a percentage of the Australian dollar value of any Foreign Transaction.

Note: It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia.

Cash advances/Withdrawal fee

If your credit card account is in credit (has a positive balance) after a cash advance transaction, a flat fee of $2.50 is payable.

If your account is in debit after a cash advance transaction, you will be charged 2% of the cash advance amount, with a minimum fee of $2.50 and a maximum fee of $150.

These fees will appear on your credit card statement directly below the relevant cash advance.

Missed payment charge $15 may be payable each statement cycle that the whole of the minimum monthly payment is not paid by the statement due date. If charged, the missed payment charge will be debited to your account.
Over-limit fee $15 each time you exceed your limit during a statement cycle. It is debited from your account in that statement cycle, on or after the day(s) your credit limit is exceeded. This fee may also be charged whenever your account is over the limit at the beginning of a statement cycle.
Duplicate statement fee

$2 is debited from your card account when you request a statement that has already been issued. This fee is debited from your account on or after the day you order the duplicate statement.


Transaction Interest rates
Purchases 20.24% p.a. (variable)
Cash advances 20.24% p.a. (variable)

For further assistance

  • Contact your relationship manager
  • Call Westpac Business on 132 142
  • Call Country Business Direct on 1300 134 979, 8am-6pm, Mon - Fri.

BusinessChoice Cards Terms and Conditions (PDF 913KB)

BusinessChoice Rewards Card Qantas Business Rewards Terms and Conditions (PDF 1MB)

Rewards Terms and Conditions: BusinessChoice Rewards Card (PDF 93KB)

Westpac Business Credit Cards Complimentary Insurance Policy (for claim events prior to 1 October 2017 (PDF 431KB))

Westpac Business Credit Cards Complimentary Insurance Policy (effective 1 October 2017) (PDF 238KB)

Earning and using Qantas Frequent Flyer points 
- See details on how and when cardholders earn Qantas Frequent Flyer points in the BusinessChoice Rewards Card Rewards Terms and Conditions. Cardholders need to provide their Qantas Frequent Flyer number. Visit or call the Qantas Frequent Flyer Service Centre on 131 131 for more information on the Qantas Frequent Flyer Program.

World Mastercard®, Mastercard® and the Mastercard brand mark are registered trademarks, and PayPass is a trademark of Mastercard International Incorporated.

Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 has issued an insurance group policy to Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) which allows eligible Westpac account holders and cardholders to claim under it as third party beneficiaries. Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The terms, conditions, limits and exclusions of the group policy are set out in the Westpac Business Credit Cards Complimentary Insurance Policy (PDF 238KB)  / Commercial Cards Insurance Policy (PDF 357KB) which may be amended from time to time. Westpac does not guarantee this insurance.