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.
We're moving to Visa! If you're a Business Mastercard® customer, find out what's changing and what you need to do.
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.
To qualify for up to 55 days interest free, you’ll need to pay off your entire outstanding debit balance in full by the due date each month. The interest free period doesn’t apply to cash advances.
You’ll need to make minimum monthly payments of 5% of your monthly statement balance, or $10, whichever is greater, to make sure you don’t get charged a late payment fee.
Got a Xero or MYOB AccountRight subscription and at least two years of financial history? Link to Fast Capital for decisions within minutes.
Tap your card to make payments for purchases up to $200. For amounts over that, you can still tap to pay, but you'll need to sign or enter your PIN to complete the transaction. Different transaction limits may apply overseas.
Your card comes with two types of protection.
Interest rates are subject to change.
Account fee (every quarter) |
$6.25 per card |
Interest rate on purchases and cash advances |
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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:
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Replacement card fee |
When you ask us for a replacement credit card
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Urgent card delivery fee (in New Zealand) |
Courier charge for urgent delivery of a credit card in New Zealand
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Urgent card delivery fee (international) |
Courier charge for urgent delivery of a credit card worldwide
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Cash advance fee |
When you withdraw or transfer money from your available credit card balance Internet banking or mobile app.
Cash advance in New Zealand - ATM or staff assisted.
Cash advance overseas - ATM or staff assisted.
Other banks may charge an additional fee. |
Find out more about Business Mastercard on our products no longer offered page.
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.