Westpac BusinessChoice Rewards Platinum Mastercard

Last updated:  

Enjoy 90,000 bonus Qantas Points and complimentary insurance covers with the Westpac BusinessChoice Rewards Platinum Mastercard.

The Westpac BusinessChoice Rewards Platinum Mastercard is linked to the Qantas Business Rewards program, allowing you to earn Qantas Points on eligible business purchases.

20.24% p.a.

Purchase rate

0.5

Reward points

Per $ spent (Visa/Mastercard)

$150 p.a.

Annual fee

Details

Pros

  • 90,000 bonus Qantas Points when you spend at least $3,000 on eligible purchases within the first 90 days
  • A waived Qantas Business Rewards program joining fee (a saving of $89.50) for new cardholders
  • Complimentary travel, purchase, and business-related insurance covers

Cons

  • Charges a 3% of transaction value foreign transaction fee

Expert review

Sally McMullen

Review by


Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

The Westpac BusinessChoice Rewards Platinum Mastercard is suited to small to medium-sized businesses that want to reward their spending with Qantas Points.

With 90,000 Qantas Points, you could fly return from Melbourne to Los Angeles in economy class (41,900 points each way) or return in economy from Sydney to Shanghai (31,500 points each way), just to give you a few examples. As there are other business frequent flyer credit cards that offer similar-sized bonus points promotions, make sure to compare your options before you apply.

How to apply

You can apply for the BusinessChoice Rewards Platinum Mastercard online in 20 minutes. Before you apply, make sure that your business meets the spend requirements and that you have the necessary information to complete the application.

Eligibility criteria

  • Eligible business representative. You must be a business owner, trustee or company director to apply on behalf of your organisation.
  • Business purposes. You must confirm that you're intending to use the card for business or investment purposes.

Card benefits

  • Bonus Qantas Points offer. Receive 90,000 Qantas Points when you apply for a new BusinessChoice Rewards Platinum Mastercard, get approved by 27 November 2019 and spend at least $3,000 on eligible purchases within the first 90 days from card approval. The bonus points will be credited to your account within 90 days of meeting the spend criteria.
  • Earn Qantas Points on business expenses. You and your additional cardholders can earn Qantas Points per $1 spent on eligible business purchases. You'll collect 0.33 points per $1 spent on government transactions (such as ATO payments). The points will be credited to your Qantas Business Rewards account. When you have at least 3,000 points, they can be transferred to and redeemed through any individual Qantas Frequent Flyer account.

Rates & fees

  • Annual fee. This card charges a $150 annual fee for the primary card and each subsequent additional card.
  • Purchase interest rate. You'll be charged a 20.24% p.a. interest rate on purchases.

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

6 Comments

  1. Default Gravatar
    Tawhiri
    February 11, 2016

    1) what is deemed a eligible business purchase?
    Telephone? mobile? internet expenses? power bill? to your work place,
    Rent of your work shop? Vehicle expenses i.e fuel bill, tyres,vehicle repairs? Products you use such as air conditioners? Refrigerant?Power tools? Equipment like duct lifters? Recovery units? Consumables oil, cleaning fluids? I guess any expense paid by the credit card that forms part of the operation of the business your in would be ok?

    2) Is there a limit on how many points you can accumulate in a month? in a year?

    3)i already have a personal credit card with westpac for the last 10 years is it a easier process to change it to a Westpac Business Choice Rewards Card?

    • AvatarStaff
      Jonathan
      February 12, 2016

      Hi Tawhiri, thanks for your question!

      1) As per Westpac’s Rewards terms and conditions; “Aquire Points are calculated on the number of Australian dollars charged to the card account in connection with purchases of goods or services (including any GST payable in respect of the goods or services) from merchants accepting a card.” As much as we would like to give an absolute rule on what types of transactions count as eligible purchases, this detail varies depending on each merchant as the agreement and type of service/ good is treated differently by Westpac. Generally we can advise that any transaction which accepts credit card payment will earn rewards points.

      2) This card has uncapped points earnings.

      3) To switch to another Westpac credit card you can apply via Online Banking to change your existing card, call Westpac on 1300 130 961 or visit a Westpac branch.

      Cheers,

      Jonathan

  2. Default Gravatar
    Fabio
    September 29, 2015

    Morning
    Do you earn points on ATO payments.
    If not do you know of any business card that does?

    thanks

    • AvatarStaff
      Jonathan
      September 29, 2015

      Hi Fabio, thanks for your inquiry!

      Westpac credit cards with a dual card with AMEX can be eligible to earn points on ATO payments. For more information on this type of transaction please refer to this page.

      Cheers,

      Jonathan

  3. Default Gravatar
    geoff
    March 18, 2015

    how many qantas points earn for every dollar i spend and is there a limit on how points you can earn in a year?

    • AvatarStaff
      Jonathan
      March 18, 2015

      Hi Geoff, thanks for your inquiry!

      The earnings rate for Acquire points is 0.67 per $1 spent. The conversion rate for Acquire points to Qantas Frequent Flyer points is 1:1. At this point there is no cap on the number of points you can earn in a year.

      Cheers,

      Jonathan

Ask a question
Go to site