BusinessChoice Rewards Platinum credit card
Current offers
Credit criteria and conditions apply.
All new BusinessChoice Rewards Platinum credit cards applied for on or after 1 March 2019 will be Mastercard branded. You should consider the changes to BusinessChoice Rewards Platinum in your decision to apply.
- Earn 100,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new BusinessChoice Rewards Platinum card within 90 days from card approval.* For new cards approved by 28th February 2019.
- Qantas Business Rewards program one-off joining fee waived (saving you $89.50) for new Westpac BusinessChoice Rewards Platinum cardholders.
Uncapped points
There is no limit to the number of Qantas Points you can earn each statement cycle across your BusinessChoice Rewards Platinum cards.
Platinum concierge
Like your own personal assistant, get access to emergency assistance 24/7 worldwide. To contact Westpac Concierge call 1300 859 100.
Complimentary insurance†
Travel knowing that you, your family, your business and your possessions may be covered against injury, loss, theft or damage in accordance with the policy (conditions, limits and exclusions apply).
Qantas Business Rewards
Earn 0.75 Qantas Point for every $1.50 you spend on eligible business purchases. Earn 0.5 Qantas Points for every $1.50 you spend on government payments.
Qantas Business Rewards
The Qantas Business Rewards program enables you to earn rewards points on business expenses paid for on your BusinessChoice Rewards Platinum credit card. Qantas Points earned by your business can be transferred to any Qantas Frequent Flyer account3 giving you more flexibility to choose how to use your rewards including flights, upgrades and over 3,000 items in the Qantas store.
Earning Qantas Points
To earn Qantas Points, your business must first join the Qantas Business Rewards program. A joining fee usually applies, however, Westpac has arranged for this fee to be waived for eligible BusinessChoice card facilities - a saving of $89.50. All businesses with an ABN are eligible to join. Qantas Points are credited to the ABN holder's Qantas Members’ Business Rewards account within 60 days of the first eligible purchase or card account has been linked to the BusinessChoice Rewards Platinum facility.
The Westpac BusinessChoice Qantas Business Rewards Terms and Conditions will detail how and when Qantas Points will be earned on card purchases and how points will be credited to the business' Qantas Business Rewards membership.
Earn 0.75 Qantas Point for every $1.50 you spend on eligible business purchases. Earn 0.5 Qantas Points for every $1.50 you spend on government payments.
Visit qantas.com/business for more information.
The information below is a summary only. Please refer to the Credit Card Complimentary Insurance Terms and Conditions (PDF 238KB) for full details on benefits, terms, limits, conditions and exclusions. An excess may be deducted from certain payments as detailed in the policy booklet.
Overseas Travel insurance
Overseas Travel insurance (“which may include” your spouse and certain dependent children) for up to 6 months “up to the amount specified in the policy (terms, conditions, limits and exclusions apply)” - when overseas return tickets are purchases on your credit card before you leave “and additional eligibility criteria as set out in the Westpac Business Credit Cards Complimentary Insurance Policy is fulfilled."
Transit Accident insurance
Protection against specified accidental death or injury when sustained while riding as a passenger in “or boarding or alighting" a plane, bus, train or ferry “up to the amount specified in the policy (terms, conditions, limits and exclusions apply)”.
Purchase Security insurance
Cover “up to the amount specified in the Westpac Business Credit Cards Complimentary Insurance Policy” for up to 4 months against specified loss, theft or damage to business items or personal goods purchased anywhere in the world “where the entire purchase is charged to your eligible credit card account.”
Extended Warranty insurance
Beyond the expressed Australian warranty on business items (by up to 3 months) and personal goods (by up to 24 months) “when the entire purchase is charged to your eligible credit card account.”
Price guarantee cover
This cover may allow the cardholder to get the best price if, within 21 days after the purchase of a personal good, they advise us that they have subsequent to their purchase received a printed catalogue showing the same personal good (same model number and model year), by the same manufacturer, for a lower price from a store within 25km of the store from where the personal good was purchased, and the price difference is greater than $75 (up to $350).
Account holder's Business Inconvenience insurance
Cover for up to $10,000 “(up to $500 per hour)” a year if the account holder's business premises are invaded during normal business hours, and up to $10,500 for recruitment expenses incurred for replacement of a cardholder unable to continue their employment.
Please refer to Travel Alerts & Information as you may not be covered or your claim may be affected in circumstances where you have failed to follow advice or take heed of a warning from any government or official body, or any publication or broadcast by any member of the mass media.
Fees |
Amount |
|---|---|
| Annual card fee | $150 for each credit card |
| Foreign transaction fee | 3% of the Australian dollar value of any Foreign Transaction. It may not always be clear to you that the Merchant or entity processing the transaction is located outside Australia. |
| Cash advances / withdrawal fee | $2.50 if you account is in credit (has a positive balance) after a cash advance transaction. 2% of the cash advance amount (minimum $2.50 and maximum $150) if your account is in debit (has a negative balance). These charges will appear on your credit card statement directly below the relevant cash advance. |
| Missed payment fee | $15 may be payable each statement cycle that the whole of the minimum monthly payment is not paid by the statement due date. These charges will be debited to your account and appear on your credit card statement. |
| Over-limit fee | $15 each time you exceed your limit during a statement cycle. This fee may also be charged whenever your account is over the limit at the beginning of a statement cycle. These charges will appear on your credit card statement on or after the day(s) you credit limit is exceeded. |
| Duplicate statement fee | $2 is debited from your card account when you request a statement that has already been issued. These charges will appear on your credit card statement on or after the day(s) you order the duplicate statement. |
Transaction |
Interest rates |
|---|---|
| Purchases | 20.24% (variable) |
| Cash advances | 20.24% (variable) |
For more interest rate information see the BusinessChoice Cards Terms and Conditions (PDF 913KB)
Information needed
- Income, employment, financial commitment details, Liabilities, assets and expenses
- Business details (including ABN, principal's details, address, phone number)
- Personal and the Business finances, including after-tax income (including previous year)
- Accountant or financial secretary details (including phone number is optional)
- Australian driver's licence (if you have one)
- Westpac account and customer numbers (where applicable).
What to expect
The application form will take approximately 20 mins to complete (10 mins for existing customers).
Applicants must be
- Australian permanent residents
- Over 18 years old
- Intending to use the facility for business or investment purposes
- The business owner, trustee or company director.
Things you should know
BusinessChoice Cards Terms and Conditions (PDF 913KB)
BusinessChoice Rewards Platinum Card Qantas Business Rewards Terms and Conditions (PDF 1MB)
Westpac Business Credit Cards Complimentary Insurance Policy (effective 1 October 2017) (PDF 238KB)
Westpac Rewards Credit Cards Concierge Service Terms and Conditions (PDF 99KB)
Fees, charges and credit criteria apply. Read the terms and conditions available above before making a decision.
Find out what information you need to provide to become a customer.
All new Altitude Business Gold and BusinessChoice credit cards applied for on or after 1 March 2019 will be Mastercard branded. You should consider the changes to Altitude Business Gold and BusinessChoice in your decision to apply.
* Bonus points promotion Altitude Business Gold, Altitude Business Platinum and BusinessChoice Rewards Platinum: The respective bonus points promotions are available when you apply and are approved for a new Altitude Business Gold, Altitude Business Platinum or BusinessChoice Rewards Platinum credit card between 29th November 2018 and 28th February 2019, and spend the minimum amount of $3,000 on eligible purchases within 90 days from card approval in one or more transactions.
Eligible purchases do not include fees, cash, cash equivalent transactions, BPAY, BPAY equivalent transaction, refunds and balance transfers debited from the card account. The bonus Altitude Points or Qantas Business Rewards Points will be added to your points balance within 90 days after you meet the eligible spend criteria. This offer does not apply for additional cardholders being added to an existing Altitude Business Gold, Altitude Business Platinum or BusinessChoice Rewards Platinum card facility. Switches, upgrades, customers accessing employee benefits or packaged cards and customers who have held another Altitude Business, Altitude Business Gold, Altitude Business Platinum or BusinessChoice Rewards Platinum credit card account within the last 12 months are ineligible for this offer. Qantas Business Rewards Points earned during a statement cycle are added to your Qantas Business Rewards Points balance on a monthly basis.
^ Discounted annual card fee in first year promotion Altitude Business Gold and Altitude Business Platinum: The discounted first year annual card fee promotion is available when you apply and are approved for a new Altitude Business Gold, Altitude Business Platinum credit card between 29th November 2018 and 28th February 2019. The first annual card fee at the special promotional rate will be debited to your card account on your first transaction and the full annual card fee will be debited annually thereafter.
Annual card fee: For Altitude Business Platinum and Altitude Business Gold credit cards, the annual card fee covers all cards associated with the product. For BusinessChoice Rewards Platinum and BusinessChoice Everyday credit cards, an annual card fee is payable for each card associated with the facility.
Qantas Business Rewards membership: A business must be an Qantas Business Rewards Member to earn Qantas Points for the business. A one-off joining fee usually applies (currently $89.50 including GST), however businesses that are not members of Qantas Business Rewards program at the time of application for a BusinessChoice card facility will be offered complimentary membership upon approval of a new Westpac BusinessChoice Rewards Platinum credit card facility. Qantas Business Rewards membership and Qantas Points are subject to the Qantas Business Rewards Terms and Conditions available at qantas.com/business.
Earning and redeeming Qantas Points: To use Qantas Points earned by your business, simply transfer them to any Qantas Frequent Flyer account (Qantas Point earn rates may vary between Qantas Partners). Qantas Partner conditions and earning thresholds apply. We recommend you consult your accountant or tax adviser to ensure you understand possible tax implications, for example fringe benefits tax (if applicable). You must be a Qantas Frequent Flyer member to earn and redeem Qantas Points. Membership and the earning and redemption of Qantas Points are subject to the Qantas Frequent Flyer program terms and conditions. A joining fee may apply. You do not earn Qantas Points on use of a card or card account where for that statement period, a Billing Account or card account is in arrears or over limit at the end of that statement period. Any Qantas Points earned in that relevant statement period will be forfeited.
† 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.