Business Low Rate Visa

Take care of business with our Business Low Rate Visa. It's the credit card that helps you manage business expenses how and when it suits you. This is big on convenience and control.
Business credit card V2
  • Set different spend limits for each cardholder and get a clear breakdown of who's spending what on your statement each month.

  • Better manage cash flow with up to 55 interest free days on purchases.

  • Avoid errors and save time in reporting by integrating accounting software like MYOB or Xero.

  • Protect your business against misuse with Corporate Liability Waiver Insurance.

  • Get a decision within minutes with Fast Capital using Xero or a MYOB AccountRight Live subscription.

  • Add to your phone and pay on the go with Apple Pay and Google Pay™.

How it works

Interest rates & fees

Interest rates are subject to change.

Account fee (every quarter)

$6.25 per card

Interest rate on purchases and cash advances

Business Mastercard (hardcoded)

Interest free days

Up to 55

Interest free period applies provided you pay off your entire outstanding debit balance in full each month by the due date. Interest free period doesn't apply to cash advances or balance transfers.

Late payment fee

When your minimum payment isn’t received by us on or before the payment date shown in your monthly statement

$3 per late payment

Please note when your monthly statement shows an amount due immediately, any payment you make will be applied to this amount before being applied to your minimum payment. This means that you must pay both amounts to avoid being charged this fee.

International transaction fee

When you use your credit card for a foreign currency transaction

1.85% of the New Zealand dollar amount once converted. This will show on your internet banking and the mobile app as:

  • Currency Conv Assessment 1.0%
  • Foreign Currency Txn Fee 0.85%

Replacement card fee

When you ask us for a replacement credit card

  • $9.50 per request

Urgent card delivery fee (in New Zealand)

Courier charge for urgent delivery of a credit card in New Zealand

  • $2.60 per delivery

Urgent card delivery fee (international)

Courier charge for urgent delivery of a credit card worldwide

  • Price on application

Cash advance fee

When you withdraw or transfer money from your available credit card balance

Internet banking or mobile app.

  • Free

Cash advance in New Zealand - ATM or staff assisted.

  • Free

Cash advance overseas - ATM or staff assisted.

  • $6 per transaction

Other banks may charge an additional fee.


Maximum amount for cash advance

The maximum amount that you can withdraw or transfer from your credit card account.

$1,000 per day from ATMs (no maximum number of withdrawals per day).

$5,000 per day over the counter from banks and financial institutions, and via internet banking (limited to two withdrawals or transfers per day).

Contactless transactions

For purchases up to $200 in New Zealand, just tap your card on the reader to make a purchase. For purchases over $200, you can still tap your card, but you’ll need to sign or enter your PIN to complete the transaction. Different transaction limits may apply overseas.

Apply for a Business Low Rate Visa

Get a decision within minutes using our Fast Capital application by linking your Xero or MYOB AccountRight Live data. Or talk to a business banking expert who can talk through your options.

Have a Xero or MYOB account?

If you're a director of a New Zealand registered company with Xero or MYOB AccountRight Live data - applying will be quick.

Apply now

Talk to a business banking specialist

Talk to one of our business banking specialists. They'll let you know what you need to do and what your options are.

Talk to us

Call us

Call our business banking team on 0800 601 601, or +64 4 803 1646 if you’re calling from overseas.

We're available Monday to Friday: 8am – 5pm.