Westpac hotpoints Mastercard March 2021 Review | Rates and Fees | Finder NZ
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Westpac hotpoints Mastercard Review

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Earn rewards for using your card on everyday purchases.

The Westpac hotpoints Mastercard rewards you for spending while keeping annual account fees low. hotpoints is Westpac’s credit card reward programme, giving you access to a range of products that you can redeem your hotpoints for.

20.95% p.a.

Purchase Rate

$44 p.a.

Annual Fee


Minimum Income


Product NameWestpac hotpoints Mastercard
Rewards ProgramWestpac hotpoints Rewards
Balance Transfer Limit95%
Purchase Rate20.95% p.a.
Interest Free PeriodUp to 55 days on purchases
Min credit limit$500
Minimum Monthly Repayment2% of transaction value or $5, whichever is greater
Minimum Income$15,000
Card TypeMastercard
Late Payment Fee$8
Complimentary Travel Insurance CoverN/A
Joint ApplicationYes

Benefits of the Westpac hotpoints Mastercard

  • Earn rewards. For every $1 you spend on your Westpac hotpoints Mastercard you’ll earn 1 hotpoint. Hotpoints can be redeemed for rewards such as merchandise, travel and vouchers. Use the hotpoints calculator on the Westpac website to find out how many hotpoints you can earn based on your average monthly spend.
  • Mastercard Priceless Cities. Enjoy special local and global offers on dining, entertainment, shopping and travel with the Mastercard Priceless Cities programme.
  • Interest-free days. Get up to 55 interest-free days when you pay off your statement balance in full each month.
  • Banlance transfer. If you have an outstanding balance on another credit card, you can apply to have this balance transferred to your new card. If successful, you’ll pay only 5.95% p.a. on that balance until it is paid off in full.
  • No international ATM fee. You won’t pay the normal $2 transaction fee when you use your Westpac hotpoints Mastercard at an ATM in the Global ATM Alliance.

Features of the Westpac hotpoints Mastercard

  • Interest rate. Standard purchases are subject to an interest rate of 20.95% p.a. An interest rate of 22.95% p.a. applies to cash advances.
  • Account fee. The Westpac hotpoints Mastercard has an annual account fee of $44.
  • Link your accounts. Link your other Westpac accounts to your credit card so you only need to carry one card with you when you head out and about.
  • Monitor your spend. Westpac has a money management app that lets you monitor your spend in real time.
  • Contactless payments. In-store payments are faster and more convenient with Mastercard Tap & Go. You’ll just need to enter your PIN if the transaction is $200 or higher.
  • Westpac CardGuard. Stay protected from fraudulent activity 24/7 with Westpac CardGuard.
  • Card Blocker. If you temporarily misplace your card or believe it has been lost or stolen, you can put a block on it using Card Blocker.
  • Globally accepted. Use your Westpac hotpoints Mastercard at over 35 million locations around the world.

How to apply

If you’re ready to apply for the Westpac hotpoints Mastercard, make sure that you meet the eligibility criteria and have the required documents outlined below. You can either pop into a branch to fill in an application form, or you can submit a form on the Westpac website.

Eligibility criteria

  • Be at least 18 years of age
  • Be a New Zealand citizen or permanent resident
  • Be receiving an annual income of at least $15,000 per year

Required documents

For Westpac to be able to approve your application, you will need to prove your identity, income and address. You can expect to be asked for the following documents so make sure to have these ready before you apply.

  • Proof of identity: A New Zealand passport or driver’s licence
  • Proof of address: A recent utility bill, bank statement or government letter
  • Proof of expenses and income: Three months’ of bank statements for your main transaction account where your income is credited.

Compare other credit cards

Name Product Purchase Rate Interest Free Period Annual fee
Gem Visa Credit Card
25.99% p.a.
Up to 55 days on purchases
6 months interest free on all Visa purchases $250 and over, plus get long-term interest-free deals at retailers nationwide including Apple, Noel Leeming, Mitre 10 and many more.
American Express Airpoints Card
0% for 6 months (reverts to 19.95% p.a.)
Up to 55 days on purchases
Be rewarded with 50 bonus Airpoints Dollars. Simply apply, be approved, and spend $750 on your new Card in the first 3 months of membership. This offer is available to new Card Members only.
American Express Airpoints Platinum Card
19.95% p.a.
Up to 55 days on purchases
Be rewarded with 400 bonus Airpoints Dollars when you apply online by 30 March 2021, are approved, and spend $1,500 on your new Card within the first 3 months. This offer is available to new Card Members only. You will also earn 1 Airpoints Dollar for every $59 you spend on your card.
American Express Platinum Edge Credit Card
2.99% for 6 months (reverts to 19.95% p.a.)
Up to 55 days on purchases
Enjoy a low rate on purchases and earn 20,000 Membership Rewards Bonus Points if you apply, are approved and spend $750 in the first 3 months of Card membership. This offer is available to new Card Members only.

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