Westpac
Credit Cards
You can buy the things you
need now and pay off your
card in a flexible way later.
Contents
4
What do you get with a Westpac
credit card?
6
Which card is right for you?
8
Enjoy the rewards of hotpoints
10
Have a closer look at what’s available
12
Exclusive privileges
13
Take away the worry
* Not available with the Low Rate MasterCard.
What do you get with
a Westpac credit card?
Here are just some of the benefits of
having a Westpac credit card
– get up to 55 days interest-free credit on purchases – opportunity to earn hotpoints with every dollar you spend* – receive a MasterCard® which provides you with the
convenience of acceptance at over 35 million merchants worldwide, plus global ATM cash access
– contactless technology for fast and convenient payments (of under $80) on the go with MasterCard PayPass – enjoy the option of making easy, flexible repayments – manage all your Westpac accounts online
– you can choose to have your MasterCard linked to access your credit, cheque and savings accounts
– friendly staff, available to help.
There’s loads more too, just turn the page to find out.
Handy Tip
Once you have opened a Westpac credit card account, you’ll need to select a Personal Identification Number (PIN) for your card by visiting a Westpac branch and providing two forms of suitable ID, one with photo and signature (e.g. your New Zealand driver licence or passport).
* Terms, conditions, exclusions and eligibility criteria apply. Full details can be found in the policy document.
Which card is right
for you?
Westpac offers a range of credit card options.
Whether you’re after a low interest rate,
rewards or overseas travel insurance, we
have something for you. All our cards offer up
to 55 days interest-free credit on purchases,
along with competitive fees and interest rates.
Westpac hotpoints MasterCard
The Westpac hotpoints MasterCard gives you value and flexibility. It offers our lowest annual credit card account fee and gives you the benefit of earning hotpoints on all your purchases. You can redeem your hotpoints for all kinds of exciting rewards, including a wide range of vouchers and merchandise. To find out more about hotpoints, see page 8.
Hotpoints earn rates:
– You’ll earn 1 hotpoint for every $1 you spend on purchases on your hotpoints MasterCard, plus enjoy the convenience of acceptance at over 35 million merchants worldwide.
Westpac hotpoints Platinum
MasterCard
The Westpac hotpoints Platinum MasterCard rewards you with a world of benefits, including a higher hotpoints earn rate, so you can reach your next reward faster. To find out more about hotpoints, see page 8.
You’ll also receive a comprehensive range of insurance* benefits, including extended warranty and purchase protection insurances and overseas travel insurance – making this account ideal for overseas travellers.
Hotpoints earn rates:
– You’ll earn 2 hotpoints for every $1 you spend on purchases on your hotpoints Platinum MasterCard, plus enjoy the convenience of acceptance at over 35 million merchants worldwide.
Low Rate MasterCard
With its low everyday interest rate on retail purchases, the Low Rate MasterCard provides a convenient way of keeping the cost of borrowing down when buying large purchases. It’s also a smart and easy way to consolidate debt.
BusinessPLUS MasterCard
If you are a small business owner, then a BusinessPLUS MasterCard can give you the best of both worlds, by helping you mange your business spending as well as earning great hotpoints rewards for you and your business.
You’ll also receive all the other great benefits offered on a Westpac Platinum credit card account, including a comprehensive range of insurance benefits.
Note: The principal and any joint cardholders or account
holders will be personally responsible for all credit extended by Westpac under a BusinessPLUS MasterCard.
Hotpoints earn rate:
– Earn 1.25 hotpoints for every $1 you spend on purchases on your BusinessPLUS MasterCard.
A quick summary of annual fees
For a... You pay…
Westpac hotpoints MasterCard $44 per year
Westpac hotpoints Platinum
MasterCard $125 per year ($62.50 charged every 6 mths)
BusinessPLUS MasterCard $100 per year ($50 charged every 6 mths)
Low Rate MasterCard $65 per year ($32.50 charged every 6 mths)
Joint/additional card $15 per year per card
Fees are current as at 15 November 2013 but are subject to change. Other fees and charges may apply to the use of your credit card. Please see our transaction and service fees brochure.
Enjoy the rewards
of hotpoints
With a Westpac hotpoints credit
card, you’ll earn hotpoints
every time you make a purchase
on your Westpac credit card.
Use your Westpac hotpoints
credit card for everyday expenses such as
supermarket shopping, petrol and household
bills and your hotpoints will add up quickly.
Earning hotpoints is easy
– Your Westpac hotpoints MasterCard earns you hotpoints and provides you with the convenience of worldwide acceptance at over 35 million merchants. You can use your Westpac hotpoints MasterCard for everyday purchases, cash advances and ATM withdrawals.
Use your Westpac MasterCard to earn 1 hotpoint per $1spent on purchases
Use your Westpac Platinum MasterCard to earn 2 hotpoints per $1 spent on purchases
Rewards for travel, your home, your
family or treats for yourself
– Treat yourself to some great merchandise rewards. You can redeem your hotpoints for a huge range of products from DVDs, CDs and books to hardware, home appliances, home entertainment and technology.
– Go shopping with vouchers! You can choose reward vouchers for a huge range of retailers and travel companies. – No other rewards programme provides more ways to use
your points for travel than hotpoints. As well as travel and accommodation vouchers, you can pay for travel with your hotpoints credit card and then use your hotpoints to help pay it back later with Hotpoints Holiday Credits. Hotpoints Holiday Credits can be used to help pay back your travel on any airline, accommodation, sightseeing tours, airport transfers and much, much more, both in NZ and around the world. – You can also donate your hotpoints to Westpac’s chosen
charities, gift them to another hotpoints member or convert them into contributions towards a Westpac KiwiSaver Scheme account. Your annual credit card fee can also be paid using hotpoints.
Points + Pay
If you don’t have enough hotpoints to get your next reward, you can use the online Points + Pay. You can use your Westpac hotpoints credit card to top up the extra amount you need to redeem your reward, or alternatively use your hotpoints credit card to pay for the reward in full. Plus you’ll earn bonus hotpoints for every dollar you spend with Points + Pay on selected merchandise rewards.
Hotpoints are ready when you are
When you’ve become a Westpac customer, you can sign up to Online Banking, a convenient way to keep track of your banking. Here, you can also check your latest hotpoints balance, sign up to receive text alerts* relating to your accounts and register your email address to receive the latest hotpoints and Westpac news via email. You can also log in to hotpoints online where you can check out the huge range of rewards available and redeem your points.
* Text alerts are only available to customers with a Westpac transaction account.
Want to know more about hotpoints?
Visit www.hotpoints.co.nz to see the full range of rewards.
To open a Westpac hotpoints credit card account or find out more, call us on 0800 888 111 24 hours a day, seven
Have a closer look at
what’s available
Interest-free credit
Buy something with any of Westpac’s personal credit cards and you’ll get up to 55 days interest-free credit on your purchase. If you pay the total card balance by the due date, you won’t pay any interest, unless you make a cash advance. This means you can keep your money in an interest earning account right up until you have to pay off your credit card.
Choose how much to pay
Each month you’ll get a detailed credit card statement. It will show the minimum amount you have to pay and by when. Once you have paid the minimum, you can choose how much extra you want to pay. Pay off the lot before the due date and it’s interest-free (except for cash advances) or spread your payments to suit your budget.
Get a card for someone else
Share the benefits of your Westpac credit card with someone else. You can apply for a joint credit card – you’ll both have a card and share responsibility for the card account. Both applicants will need to be 18 years or older. Or you can apply for an additional card for a family member or friend. The other person must be 15 years or older and any charges they make to the account will be your responsibility to pay.
Balance transfers
Why pay a high interest rate on a hire purchase, store card or another bank’s credit card or personal loan, when you can transfer the outstanding balance to a Westpac credit card account and pay a low interest rate on the balance transferred until it is repaid.
To find out how a balance transfer could save you money, either ask one of our branch staff or visit
Manage your account online
You’re in control with Online Banking. You can access your Westpac credit card account and do your banking via the Internet, 24 hours a day, 7 days a week.
– access your credit card account and transaction details – look back on all credit card transactions
– transfer money between your accounts, and – pay your credit card bill online.
Access all your accounts on your credit card
Your Westpac MasterCard® can be set up so you can access
your Westpac cheque or savings accounts at ATMs and EFTPOS outlets nationwide.
Change your limit
When you get your card, you’ll get a credit limit based on the details you give us. If you need a bit more, just let us know – we’ll be happy to discuss increasing your limit. We can also decrease your limit at any time.
Exclusive privileges
– As Westpac MasterCard cardholder, you’ll have access to
MasterCard Privileges. MasterCard Privileges is the place
to indulge in a broad range of local and global experiences across dining, travel, retail and entertainment. With offers hand picked for MasterCard cardholders, spoil yourself today at www.mastercard.co.nz/privileges
Take away the worry
Optional protection
Card Repayment Cover is affordable, pre-approved and provides cover for all cardholders aged between 18 and 80. You don’t need a health check and your premium is simply added to your monthly credit card statement.
You and any joint cardholders between the ages of 18-80 are guaranteed acceptance for Card Repayment Cover.
Provided you are aged between 18 and 65 years this cover pays:
– 10% of your credit card account balance each month for up to 24 months after total disability from injury or sickness – 10% of your credit card balance each month for up to six
months after redundancy
– up to $10,000 off your credit card balance if you are self-employed and are declared bankrupt.
Between 18 and 80 years of age the life cover benefit pays:
– up to $50,000 of your credit card balance if you die. The cost is 79c for each $100 of your outstanding monthly balance. This is charged to your credit card each month that you have an outstanding balance and covers everyone aged between 18-80, who has a card on your account.
If you would like Card Repayment Cover, just tick the box on your card application - there are no medical questions to answer. The Card Repayment Cover policy comes with a 30 day free look period, so if you decide that the cover is not for you, any premiums paid will be refunded in full.
Terms, conditions, exclusions and limits apply. More detailed information can be found in the Card Repayment Cover policy. Call us on 0800 888 111 to obtain a copy.
There are three simple ways to apply
for a Westpac credit card
– apply online at
www.westpac.co.nz/credit-cards/apply-now/
– visit us in branch and we can process your application straight away, or
– complete the application form at the back of this brochure and bring it into any Westpac branch, or post it to us at Private Bag 92503, Wellesley Street, Auckland.
We’ll need to see some ID (e.g. your driver licence or passport) and proof of income (e.g. payslips). If you don’t have these with you when you apply, you can always drop them into us before we activate your card. Ask one of our staff or check our website for what forms of ID are required.
Remember to ask about a balance transfer
Apply today and you could save with a balance transfer. Simply transfer an existing balance from a hire purchase, store card or another bank’s credit card or personal loan to a Westpac credit card, and you’ll pay a lower rate than the standard interest rate, on the balance transferred until it’s paid off in full.
Terms and conditions apply. Just ask one of our branch staff or visit www.westpac.co.nz
To find out more about our range of
credit cards:
– Visit us online at www.westpac.co.nz/credit-cards
– Ring us on 0800 888 111, or
– Talk to one of our staff in any Westpac branch.
How to apply
Credit Card Application
Are you a US citizen?* Yes No Main country of tax
residency** THIS IS THE MAIN COUNTRY WHICH HAS THE RIGHT TO TAX YOUR WORLDWIDE INCOME Additional country(s) of tax
residency (if any) LIST THE ADDITIONAL COUNTRY(S) OF WHICH YOU ARE A TAX RESIDENT Foreign Tax Identification
Number*** (FIN) YOUR IDENTIFICATION NUMBER FOR TAX PURPOSES IN A PARTICULAR COUNTRY
A: Type of Westpac credit card account
Please select one card type and one reward programme per application.
The Low Rate MasterCard® does not include a reward programme.
Westpac Low Rate MasterCard®
Westpac MasterCard®
Westpac Platinum MasterCard®
Westpac World MasterCard®
Westpac Airpoints Business MasterCard®
Westpac BusinessPLUS MasterCard®
If you select, but do not meet Westpac’s current lending criteria for a hotpoints or Airpoints Platinum MasterCardard account, a hotpoints or Airpoints MasterCard® account will be issued instead (provided you
meet the relevant criteria for that card).
If you are applying for an Airpoints credit card and already have an Airpoints number, please enter it below. If you are not currently an Airpoints member, we’ll arrange an Airpoints membership for you free of charge. Your Airpoints number will be printed on your credit card and all Airpoints Dollars earned will be credited to your Airpoints account. Airpoints™ Membership Number
B: Principal applicant details
Title (please tick one) Mr Mrs Miss Ms Dr
Other (please specify)
Given name(s) FIRST MIDDLE
Surname
Date of birth DATE / MONTH / YEAR
NZ Resident Yes No
How would you like your name to appear on your card
This must be your given name(s), or initial(s) and surname
If you already have a Westpac bank account, please provide the account no. below
Home address STREET NO. STREET NAME/BOX NUMBER
SUBURB TOWN / CITY
Time at current address YEARS / MONTHS
Postal address (if different from home address given above)
STREET NO. STREET NAME/BOX NUMBER
SUBURB
Best description of your living arrangements (Please tick one)
Home owner Rent
Live with parents/guardian Board
Home phone ( )
Mobile phone ( )
Work phone ( )
Email address
NZ driver’s licence
number (5a) Version no. (5b)
Identification word YOU WILL NEED THIS WORD IF YOU CALL US TO DISCUSS YOUR CARD IN THE FUTURE Close friend or relative
FULL NAME (MUST BE LIVING IN NEW ZEALAND AND NOT LIVING AT THE SAME ADDRESS) Their phone
number ( )
Joint application
On a joint credit card account, both cardholders are jointly and severally liable for any balance owed on the account. A joint cardholder must be at least 18 years old.
Additional cardholder
The principal cardholder is liable for all transactions on the credit card account which are made by an additional cardholder as though they had personally made the additional cardholder transactions. An additional cardholder must be at least 16 years of age.
There is a $15 charge for each joint and additional card on all cards except the World MasterCard where a $100 charge applies. When a hotpoints World MasterCard is selected there is no charge for the first joint/additional card.
Title (please tick one) Mr Mrs Miss Ms Dr Other (please specify)
Given name(s) FIRST MIDDLE
Surname
Date of birth DATE / MONTH / YEAR
How would they like their name to appear on their card
This must be their given name(s), or initial(s) and surname
Home address STREET NO. STREET NAME/BOX NUMBER
SUBURB TOWN / CITY
Contact phone ( )
Email address How to apply
1) Apply online at westpac.co.nz/credit-cards/apply-now/ This is the fastest way to apply for a card.
2) Complete this form and take it together with identification and proof of income to your nearest Westpac branch, or 3) Complete this form and mail to Westpac, Private Bag 92503, Wellesley Street, Auckland.
If you have any questions or need help to complete this form, please call 0800 888 111.
C: Joint/Additional applicant’s details
For joint applicant only
Are you a US citizen?* Yes No Main country of tax
residency** THIS IS THE MAIN COUNTRY WHICH HAS THE RIGHT TO TAX YOUR WORLDWIDE INCOME Additional country(s) of tax
residency (if any) LIST THE ADDITIONAL COUNTRY(S) OF WHICH YOU ARE A TAX RESIDENT Foreign Tax Identification
Number*** (FIN) YOUR IDENTIFICATION NUMBER FOR TAX PURPOSES IN A PARTICULAR COUNTRY hotpoints® Airpoints™ Westpac PayTag™
(optional)
Credit Card Application
F: Acknowledgement
I/we certify that all information supplied in this application is true, correct and complete.
In applying for this credit card, I/we acknowledge that my/our declared income is correct and sufficient to service the credit limit provided.
I/we agree that as soon as I/we sign or use my/our card or use any other payment instrument (such as PayTag® if requested), to access my/our account I/we will be deemed to have agreed to be bound by:
• the Credit Card Conditions of Use for the applicable card;
• the Air New Zealand Airpoints™ programme terms and conditions (where applicable); • the hotpoint terms and conditions (where applicable); and
• the Westpac PayTag terms and conditions (where a Westpac PayTag has been requested). I/we acknowledge and agree that:
• I/we are personally responsible for all credit extended by Westpac to me/us, including credit extended under a BusinessPLUS MasterCard or Airpoints Business MasterCard, irrespective of whether a business name appears on the card;
• where applicable, I must be a member of Air New Zealand’s Airpoints programme to be eligible to earn Airpoints and that I can access the Airpoints terms and conditions at airnewzealand.co.nz/aripoints-terms-and-conditions;
• for a joint credit card account, a notice Westpac sends to one of us will count as a notice to all of us;
• fees and charges will apply to the use of the card. Details of fees and charges are provided in the Transaction and Service Fees brochure, which will be sent to me; and
• the Credit Card Conditions of Use for the applicable card, the Westpac PayTag terms and conditions (where applicable), and the hotpoints terms and conditions (where applicable) will be sent to me.
Copies of the Credit Card Conditions of Use for the applicable card, the Westpac PayTag terms and conditions, the hotpoints terms and conditions (which are incorporated in the Credit Card Conditions of Use for the applicable cards) and the Transaction and Service Fees brochure are available at any Westpac branch or online at westpac.co.nz.
Personal information
I/we consent to and authorise the collection, use and disclosure of my/our personal information by Westpac New Zealand Limited and its related companies (Westpac) in the following ways:
• Westpac may make all necessary enquiries (now or in the future) concerning my/our credit record, residence, employment, financial status, and any information provided by me/us in this application for the purposes related to provision of credit to me/us, from whatever source Westpac considers appropriate, including any credit reporting agency that Westpac has a subscriber agreement with, and any party approached may provide such information to Westpac.
• Westpac may use all the information that they hold about me/us to make available to me/us the full range of financial services provided by Westpac and to provide me/us with details of products and services that may be purchased with the card.
• Westpac may provide Credit Information (as defined in the Credit Reporting Privacy Code 2004) about me to credit reporting agencies, who will use that information to update their credit reporting database and who may disclose any information they hold about me/us to their own customers for the purpose of providing credit reporting services.
This optional insurance can help you pay your credit card balance should you or any cardholder on your account die or experience total disability, redundancy or bankruptcy before age 66.
E: Card Repayment Cover
PRINCIPAL SIGNATURE
DATE / MONTH / YEAR I/we agree to be covered by Card Repayment Cover (please sign:) Do you want to be covered by
Card Repayment Cover?
You will be covered on the terms, conditions and exclusions of the Card Replacement Cover policy wording from the date that this application is received by Westpac. A sample copy of the Card Replacement Cover policy wording is attached.
Yes No
Note: You must be aged between 18 and 65 years.
Cost of the insurance is 79 cents a month for each $100 of the outstanding balance on your Westpac credit card statement. If you choose Card Repayment Cover, then each month we will charge your premium to your credit card account. We will let you know if the cost of the insurance changes 30 days beforehand. The premiums are collected on behalf of the underwriter Westpac Life-NZ-Limited.
Westpac Life-NZ-Limited has an AA- Insurer Financial Strength rating given by Standard & Poors (Australia) Pty Limited on 6 August 2013. The rating scale is: AAA Extremely Strong, AA Very Strong, A Strong, BBB Good, BB Marginal, B Weak, CCC Very Weak, CC Extremely Weak, SD or D Default, R Regulatory Supervision, NR Not Rated. Plus (+) or Minus (-) following ratings from ‘AA’ to ‘CCC’ show relative standings within the major rating categories. For a full description of the ratings scale go to standardandpoors.com
D: Employment and financial details
Occupation of principal applicantINSERT YOUR OCCUPATION HERE Current employer of principal applicant
Time in current job years months
Principal applicant’s annual income from all sources
(before tax) is $ ANNUALLY
Joint applicant’s annual income from all sources
(before tax) is $ ANNUALLY
If you’re applying for a joint credit card account please combine your financial details for the following questions
Total savings and investments with Westpac
add up to $ TOTAL
Total savings and investments not with Westpac
add up to $ TOTAL
Monthly home loan, rent or board payments $ MONTHLY TOTAL
Monthly repayments for any bank loans, other
than home loans (e.g. car & personal) add up to $ MONTHLY TOTAL Monthly repayments for non-bank loans (e.g.
finance companies, student loans or
hire-purchase agreements) add up to $
MONTHLY TOTAL
Credit Card Application
Westpac use only
Card number CRS number
Application
number Card account number
Package type
Credit cards are both a convenient means of payment and a flexible form of borrowing. Although paying only the minimum monthly payment can help you manage your cash flow from time to time, If you make only the minimum payment each month, you will pay more interest and it will take you longer to pay off your balance.
Bank stamp
FTR stamp Special delivery instructions Branch/split code
Staff number
Courier cost Branch Customer
X X X X X X X X
Credit Card Account Number
PRINCIPAL SIGNATURE
DATE / MONTH / YEAR
JOINT / ADDITIONAL SIGNATURE
DATE / MONTH / YEAR
• Westpac may disclose my personal information (including default information) to any person Westpac may appoint to collect any outstanding debt. • Westpac may use credit reporting agencies monitoring service to receive updates, if any, of the information they hold about me/us.
• Westpac and its related companies may obtain, use and/or disclose information held about me/us to enable Westpac and its related companies to comply with any laws, rules or regulations in New Zealand or any other country including any laws, rules or regulations reasonably expected to be implemented (including to enable the government of New Zealand to comply with any agreement between it and any other country).
• Westpac may disclose and exchange any information held about me/us now or in the future to any party associated with a Westpac credit card rewards programme for the purposes of administration of the applicable rewards programme, provision of related services and for marketing and research purposes.
I/we confirm that I/we have the permission of the person named as ‘close friend or relative’ in this application to disclose their personal details. If I/we have indicated that I/we wish to be covered by Card Repayment Cover (“the Cover”), I/we authorise Westpac to disclose all relevant information held about me/us now or in the future to the underwriters of the Cover for purposes of administrating the Cover.
I/we understand that I/we have the right to access and correct my/our personal information held by Westpac subject to the provisions of the Privacy Act 1993.
I/we acknowledge that I/we have read and accepted the disclosures, terms and conditions set out above.
G: Signature(s)
I/we acknowledge that I/we have read and accepted the disclosures, terms and conditions set out above.
I /we also certify that:
• I/we are New Zealand citizens or have permanent New Zealand residency status and reside in New Zealand.
• I/we are over 18 years of age (and any additional applicant is over 16 years of age). Please note that you will be required to verify your identity and income as part of the application process or prior to activating your credit card account. All cardholders (principal, joint or additional) are required to verify identification. Suitable forms of ID include one of the following
• New Zealand drivers licence • Current passport
• New Zealand firearms licence For more details see westpac.co.nz/AML
Westpac’s current credit card lending criteria apply to all applications and transfers. Credit card Conditions of Use will apply. The information in this brochure, and the terms, conditions and charges for Westpac credit cards are current and may vary from time to time at Westpac’s discretion. Overseas Travel, Purchase Protection and Extended Warranty Insurances are arranged by Westpac and underwritten by AIG Insurance New Zealand Limited (“AIG”).
Card Repayment Cover is underwritten by Westpac Life-NZ-Limited, a wholly owned subsidiary of Westpac Financial Services Group-NZ-Limited. Westpac Financial Services Group-NZ-Limited is a wholly owned subsidiary of Westpac Banking Corporation ABN 33 007 457 141, incorporated in Australia. Neither Westpac Banking Corporation, Westpac New Zealand Limited (“Westpac”), nor any other member of the Westpac Group guarantees the obligations of, or any products issued by Westpac Life-NZ-Limited or AIG. Westpac Life-NZ-Limited complies with the practice standards of the investment Savings & Insurance Association of NZ Inc and a copy of its latest financial statements is available from Westpac House, 318 Lambton Quay, Wellington. You have the right to receive a ‘replacement of business’ advice when changing from one policy to another, Westpac employs salaried employees whose remuneration is influenced in the long term by the arrangement of Westpac Life-NZ-Limited insurance policies. Westpac will receive commission payments as a result of the arrangement of Westpac-Life-NZ-Limited policies.
hotpoints® is a registered trademark of Westpac Banking Corporation. Hotpoints terms and
conditions apply. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
