Business Low Rate Visa

Take care of business with our Business Low Rate Visa. Big on convenience and control, it's the credit card that helps you manage business expenses how and when it suits you.

Learn more about the move to Visa

We're moving to Visa! If you're a Business Mastercard® customer, find out what's changing and what you need to do.

Key features & benefits

  • Take control of business expenses by setting different spend limits for each cardholder.

  • See who's spending what, with a clear breakdown of cardholder spend 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.

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

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.

  • $0.90 per transaction

Cash advance overseas - ATM or staff assisted.

  • $6 per transaction

Other banks may charge an additional fee.

Business Mastercard is no longer offered

Find out more about Business Mastercard on our products no longer offered page.

Apply for a Business Low Rate Visa

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

Have a Xero or MYOB account?

If you're the director of a New Zealand registered company with two years of Xero or MYOB AccountRight 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.

  • Mon – Fri: 8am – 6pm