Make the Most of Your Business with the Westpac BusinessPlus Mastercard

In the competitive world of business, managing cash flow and segregating personal from business expenses becomes pivotal. Wouldn’t it be great if there was an all-in-one solution that not only helps manage your expenses, but rewards you for your business spending and extends insurance benefits at the same time? Spotlight on the ultimate tool for New Zealand businesses: the Westpac BusinessPlus Mastercard.

Maximizing Business Benefits with Westpac BusinessPlus Mastercard

The Westpac BusinessPlus Mastercard is specifically designed to aid small business owners in managing their cash flow more effectively. This credit card assists owners in segregating business and personal expenses, simplifying accounting during tax time. Moreover, the card offers a grace period of up to 55 interest-free days on purchases, providing a breathing space for businesses to manage their finances.

It’s more than just another business credit card in New Zealand. It’s a tool that allows you to earn rewards for your business spending. As a cardholder, you accrue 1.25 hotpoints for every dollar spent. These hotpoints, part of the Hotpoints Rewards Program, can be redeemed in various ways, enhancing the card’s value for users.

Redemption of Hotpoints – The Rewarding Aspect of Business Spending

The accumulated hotpoints can be redeemed for travel packages, car rentals, and accommodation via Flight Centre. You can also opt for Holiday Credits, a scheme that allows you to pay for travel with the card, and redeem hotpoints to offset the cost.

Consider treating your hard-working team or family with the gift cards available for redemption, or you may choose to donate to charities. A variety of merchandise, including electronics, sports gear, beauty products, and home essentials, is also available for redemption.

Protect What Matters Most – Credit Card Insurance Benefits

Apart from offering comprehensive business spending rewards, the Westpac BusinessPlus Mastercard carries insurance benefits, extending the manufacturer’s warranty on eligible items bought with the card. The Purchase Protection Insurance provides up to 90 days of coverage for items lost, stolen, or accidentally damaged.

This card also includes business travel insurance, which could turn out to be a real bonus for many New Zealand businesses, covering trips of up to 35 days paid for with your card. If you regularly travel for business, insurance can be a real weight off your mind.

Rates and Fees That Suit Your Business Needs

The annual credit card fee for the Westpac BusinessPlus Mastercard is $100. If you keep track of your business spending and effectively manage your hotpoints, the rewards can easily outweigh the annual fee. An additional card comes at a fee of $25 per year, providing you the opportunity to extend the card’s benefits to a business partner or employee.

Note the purchase rate and cash advance rate are relatively high. It’s crucial to manage your balance well to make the most of your earned rewards. If you’re prone to carrying a balance, you may want to look for a low rate option.

Seize the Mastercard Privileges!

As part of the Mastercard privileges, Westpac BusinessPlus Mastercard offers access to local and global dining, travel, retail, and entertainment experiences. Plus, if you already hold a personal Westpac Platinum Mastercard, you won’t have to pay account fees for your Westpac BusinessPlus Mastercard.

Moreover, linking your Westpac accounts to your BusinessPlus Mastercard allows easy access at checkout and ATMs. The standard security features employed ensure safe transactions.

Take your business to new heights with the Westpac BusinessPlus Mastercard. It’s the comprehensive tool that blends credit card for business use, lucrative reward programs, effective cash flow management, and insurance benefits in one package. So, are you ready to take the leap and power up your business growth?