- 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 program joining fee waived (saving you $89.50). Available to new cards only.
- Individual card credit limits from $1,000 on up to 99 cards for each account to keep track of each card's activities
- Up to 55 interest free days on purchases
- Complimentary International and Domestic Travel Insurance (including COVID-19 coverage effective 30 June 2022, T&Cs apply)
- Personal Concierge Service
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Westpac Credit Cards
Westpac BusinessChoice Rewards Platinum Mastercard
Updated 1 November 2024
Earn 50,000 bonus Qantas Points when you spend $3,000 or more on eligible purchases in 3 months. Apply and be approved by 30 April 2025. Receive Qantas Points for eligible purchases and tax payments, plus the Qantas Business Rewards program joining fee will be waived, saving you $89.50. Enjoy Personal Concierge Service and complimentary insurance for travel and purchases.
T&Cs apply.
Points Earn Rate (per $1 spent)
0.5 points
(earned as 0.75 points per $1.50) Capped at $100,000 per month. Bonus Qantas Points excluded in the cap.
Rewards Program
Qantas Frequent Flyer
Bonus Points
50,000 pts
When you spend $3,000 in first 3 months
Pros and cons
- Other business card offer higher points earn rates
Creditcard.com.au review
Editor Review
Westpac BusinessChoice Rewards Platinum Mastercard
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
The Westpac BusinessChoice Rewards Platinum Credit Card
As part of Westpac’s BusinessChoice range, the Westpac BusinessChoice Rewards Platinum Credit Card offers a dazzling array of features, an excellent rewards program and a very pleasing introductory offer, making it a great choice of business credit card for companies wanting up to ten cards linked within one business account.
What we love...
Designed to attract the attention of potential cardholders comparing their options, the Westpac BusinessChoice Rewards Platinum Credit Card has an appealing introductory offer currently on the table.
First up, the Qantas Business Rewards program joining fee will be waived, offering new customers a saving of $89.50. This offer is only available for new Westpac BusinessChoice Rewards Platinum Mastercard cardholders.
So, what is this Qantas Business Rewards program exactly? To earn Qantas Points on this card, your business must first become a member of the Qantas Business Rewards program. This allows you to earn points on business expenses paid for on your Westpac BusinessChoice Rewards Platinum Credit Card.
Qantas Points earned by your business can be transferred to any Qantas Frequent Flyer account, to then be redeemed as the account-holder likes. Points could be redeemed on flights and upgrades, or on more than 3,000 items in the Qantas store.
And the earn rate? You can earn 0.75 Qantas Points for every $1.50 spent on eligible business purchases, and 0.5 Qantas Points for every $1.50 spent on government payments. Each cardholder can earn up to 100,000 Qantas Points per month within each statement period, excluding any bonus Qantas Points earned.
What’s not so great...
To know whether this card really is for you, checking the small print is a good place to start. Some factors you may want to pay attention to include the annual fee, which is $150 for each card, and the rates of interest attached to cash advances and purchases, which are both pretty high.
It’s also worth noting that compared to certain other platinum cards, this card does not offer an overly amazing earn rate on its rewards program.
Why should you choose this card?
One important thing to bear in mind with this card is how it works. Unlike some other business credit cards, the Westpac BusinessChoice Rewards Platinum Credit Card does not offer personal liability.
Instead, there is joint or several liability among the business principals who apply for the credit card, who are each liable to the bank jointly and severally for all amounts outstanding.
This allows the business to issue up to ten cards to trusted employees, each with individual card credit limits from $1,000, and full tracking on each card's activities.
If that’s what you’re looking for, you’ll probably want to know more about the additional features on offer. As a cardholder, you can enjoy several platinum perks, including the services of a platinum concierge, the convenience of easy tax reporting and analysis of your business transactions, and up to 55 interest-free days on purchases.
The card also offers an array of insurances. These include overseas travel insurance, interstate flight inconvenience insurance, transit accident insurance; purchase security insurance, extended warranty insurance, and unauthorised transaction insurance.
Overall Rating
A platinum business card that offers excellent business features and rewards, allowing you to award earned Qantas Points to yourself, to family or to staff members.
Plus, you get to join Qantas Business Rewards program for free.
User reviews
Rates and fees
Interest rates
Purchase rate 20.24% p.a.
Cash advance rate 20.24% p.a.
Interest free period on purchases up to 55 days
Credit limits
Minimum credit limit $2,000
Maximum credit limit $250,000
Fees & repayments
Annual fee $150 p.a.
Additional cardholder fee Up to 99 - $150 p.a. per card
Foreign transaction fee 3%
Minimum repayment 2% or $10 whichever is greater (personal); 3% or $10 whichever is greater (business); $40 (Westpac Flex)
Cash advance fee 3%
Late payment fee $0
Rewards and points
Rewards program
Rewards Program
Qantas Frequent Flyer
Bonus points 50,000 points
Annual points cap N/A
Bonus points spend criteria When you spend $3,000 in first 3 months
Earning points with this card
Qantas Rewards points 0.5 points per $1 spent
Points cap per month (earned as 0.75 points per $1.50) Capped at $100,000 per month. Bonus Qantas Points excluded in the cap.
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 3 months
Flight Inconvenience Insurance Yes
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz Australia Insurance Limited
Unauthorised transaction insurance
Overview
Westpac BusinessChoice Rewards Platinum Mastercard
The Westpac BusinessChoice Rewards Platinum Credit Card lets you earn Qantas Points at an earn rate of 0.75 Qantas Points for every $1.50 you spend on eligible business purchases. For government payments, you earn 0.5 Qantas Points for every $1.50 you spend.
It is important to note that cardholders may earn up to a maximum of 100,000 Qantas Points per month and will reset each month based on your statement date. Any bonus points you earn will not be counted as part of your monthly cap.
Disclaimer: The interest-free period is the maximum number of days during which interest is not charged on new purchases. If your account has an interest-free period for purchases, to be entitled to that interest-free period, you need to pay off the “monthly payment balance” listed on your statement of account (not the full closing balance) by the relevant payment due date.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
Key features
- Earn 0.75 Qantas Points per $1.50 spent on eligible business purchases; 0.5 Qantas Points per $1.50 spent on government payments
- Qantas Business Rewards program joining fee waived (saving you $89.50). Available to new cards only
- Different liability structures available for a BusinessChoice credit card
- $150 annual card fee
- 24/7 Platinum concierge
- Easy tax reporting with MYOB
- Complimentary Overseas Travel insurance and Interstate Flight Inconvenience insurance
- Complimentary purchase-related and business related insurance
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian permanent residents and have a valid ABN
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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