Westpac
BusinessChoice Rewards Platinum
Receive Qantas Points for eligible purchases and tax payments, plus complimentary extended insurance.
Credit cardsBank updated 31 July 2026
At a glance
- Purchase rate
- 20.24%
- Cash advance
- 20.24%
- Interest-free days
- 55
- Annual fee
- $150
- Foreign transaction fee
- 3.00%
- Rewards
- Qantas Business Rewards
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Cash advanceInterest on cash advances | — | — | — | 20.24% | — | Applied to any amount of 'cash' withdrawn from account. (includes physical cash and transfer from account) |
| PurchaseInterest on purchases | — | — | — | 20.24% | — | Charged to purchase balances where full closing balance is not paid by due date |
§ 02 — Fees · 9
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cash Advance Fee | Cash advance | 3.00% of transaction | — | — |
| Overlimit Fee | Event | No fee | — | $15.00 once per statement period if your credit card account was opened before 21 November 2021. No Overlimit fee will be charged for business credit card accounts opened on or after 22 November 2021… |
| Missed Payment Fee | Late payment | No fee | — | $15.00 once per statement period if your credit card account was opened before 21 November 2021. No Missed Payment fee will be charged for business credit card accounts opened on or after 22 November… |
| Account Keeping Fee | Periodic | No fee | Every 1 mo | — |
| Card Fee | Periodic | $150 | Every 1 yr | Per card. |
| Data Feed Fee | Periodic | $5 | Every 1 mo | Customers opting in for Data feeds will be charged a monthly fee of $5.00 per Card (up to a maximum of $50 per facility per month) applies when the facility is enrolled in Business Credit Card Data F… |
| Foreign Transaction Fee | Transaction | 3.00% of transaction | — | Payable as a percentage of the Australian dollar value of any foreign transaction. Applies for transactions in a foreign currency, or in Australian dollars but processed by an overseas merchant or fi… |
| Overseas ATM cash withdrawals (partner) | Transaction | No fee | — | — |
| Qantas Business Rewards program joining fee | Upfront | $89.50 | — | Complimentary Qantas Business Rewards joining fee waiver |
§ 03 — Features
Extra repaymentsDigital bankingFraud protectionRelationship manager55 interest-free days99 additional cardsGarmin PayApple PayGoogle PaySamsung PayQantas Business RewardsComplimentary insuranceInternational Travel insuranceInterstate Flight Inconvenience insuranceOverseas Transit Accident insurancePurchase Protection insuranceExtended Warranty insuranceAccount holder's Unauthorised Transaction insurance
- · $0 Qantas Business Rewards joining fee waived (saving you $89.50). Not already a Qantas Business Rewards member? We?ll save you time and money by waiving the fee and enrolling your business for you.
- · Personal Concierge Service: Priority access, upgrades, savings with dedicated expert support 24/7. Find out more
- · Click to Pay - Online shopping made quick, simple and secure with Click to Pay.
- · Qantas Business Rewards - Earn Qantas Points twice, with Qantas Business Rewards and Qantas Frequent Flyer.
- · Westpac Fraud Money Back Guarantee ensures that any unauthorised transaction claims will be reimbursed provided that the cardholder has not contributed to the loss and contacted us promptly. Refer to…
- · Statements of account for the Billing Account shall be issued monthly and will be addressed to the Contact Person. In addition, each Cardholder will be provided a statement of account for their Card.
- · Card Autopay Facility : You may authorise us to automatically withdraw funds from your nominated account to make payments to the Card Account using a Card Autopay facility. You may elect to pay: The…
- · The minimum payment that we require from you (being the Primary Cardholder) each month will be shown on the Card Account statement. Your payment due date is 25 days from your statement date. Please r…
- · Easy tax reporting : Make tax reporting easy by exporting your transactions into MYOB and BAS with ease. You can also download your transactions into excel to make analysis of your business transacti…
- · Business Money Tools: Spend less time on business admin with bank feeds2 and Westpac money tools.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Principals must be a permanent resident or Australian citizen
- · Available to businesses
- · Amount $2,000 to $250,000
§ 06 — Run the numbers
Put this product through a calculator
Published by Westpac under the Consumer Data Right, last changed by them on 31 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.