Canstar's best-rated Business Credit Cards Awards

Credit cards are more than just a tool for managing cashflow. Yes, they offer instant access to revolving credit, but they can also deliver a wealth of rewards, including cashbacks, flights and other goodies.

Therefore, picking the right credit card for your business needs can be tricky. The banks offer a range of credit card options, featuring different fees, interest rates, features and loyalty programs. Pick the wrong one and you could miss out on valuable rewards, or end up paying unnecessary charges and interest.

However, a little research into your firm's spending habits can help determine the right card for your company, and the best place to start is Canstar's annual Business Credit Cards Awards.

To help business owners in their search for the best business credit cards, each year Canstar's expert team of researchers uses a sophisticated rating methodology to compare and rate business credit card providers in the New Zealand market, across two card profiles:

• Low Rate Business Credit Cards
• Rewards Business Credit Cards

This year our research encompassed seven different providers (American Express, ANZ, ASB, BNZ, Kiwibank, TSB and Westpac) and compared 13 cards across a range of categories, including

• Fees and interest rates
• Number of interest free days
• Standard and premium features
• Reward and loyalty programs

On the basis of our research, we awarded 5-Star Outstanding Value ratings to the top card providers, and presented the overall issuer of the best cards our Bank of the Year Business Credit Cards Award.

And this year, once again, our top award went to ANZ, and six cards from five providers achieved fantastic 5-Star ratings for offering Outstanding Value Business Credit Cards.

It's worth noting that this year's research was conducted against a backdrop of interchange reform. The Commerce Commission has explicitly framed business-card loyalty programs, insurance and interest-free periods as costs that "shouldn't be paid for through interchange fees", and has issued a draft decision to cap commercial credit card interchange fees.

As a result, many credit card providers have already started to curtail the rewards they offer, making it even more important to ensure you're getting value from your card and provider.

ANZ: Bank of the Year Business Credit Cards Award Winner

When awarding ANZ our top Business Credit Cards accolade for the seventh year in a row, our expert research team once again commented on the strong performance of ANZ's cards across our two award profiles: low-rate and rewards credit cards.

ANZ's winning margin widened this year on the strength of its rewards result. Plus ANZ ranked first of the seven providers assessed on every customer-facing measure of the award, from satisfaction and service through to fees, digital banking and value for money.

ANZ is also the only provider issuing eligible cards across all three of our product profiles:

• Low rate
• Cashback
• Airpoints card (rewards & frequent flyer)

You can find an overview of ANZ's award-winning cards below, along with profiles of our other Outstanding Value Business Credit Cards.

Outstanding Value Low Rate Business Credit Cards

Finding a business credit card that offers the lowest interest rate can have a big impact on businesses that carry a revolving balance from month to month.

To determine the best Low Rate cards in the market, Canstar's ratings look primarily at the cost of owning the card – interest rates and fees – but also take into consideration other card features.

Here are the providers that top our ratings, scoring 5 Stars for their Low Rate Business Credit Cards, and an overview of each card:

ANZ Visa Business Low Rate card

• Lower interest rate and annual fee
• Insurance protection against unauthorised use
• Added layer of protection offered through dynamic security code
• Set individual spending limits on up to 15 cards
• Direct reporting through ANZ Internet Banking or ANZ Direct Online
• Up to 55 interest-free days

Rates & fees:

• Purchase interest rate: 13.90% p.a.
• Cash advance interest rate: 20.95% p.a.
• Annual fee: $35 p.a.
• Joint/additional card: $5 p.a.

Kiwibank Business Low Rate Visa

Kiwibank Business Low Rate Visa is a competitive low-cost proposition for small businesses that pairs a low purchase rate, 12.50%, with a modest per-card fee.

• Set individual spend limits for cardholders
• Integrate reporting into MYOB or Xero
• Protection against unauthorised use
• Up to 55 interest-free days

Rates & fees:

• Purchase interest rate: 12.50% p.a.
• Cash advance interest rate: 12.50% p.a.
• Annual fee: $25 p.a.

TSB Business Mastercard

TSB Business Mastercard's offers the lowest purchase interest rate (11.95%) paired with the lowest annual fee in the market ($20).

• Cardholder-itemised statements up to 12 card users
• Protection against unauthorised use
• Up to 55 interest-free days

Rates & fees:

• Purchase interest rate: 11.95% p.a.
• Cash advance interest rate: 22.95% p.a.
• Annual fee: $20 p.a.

Outstanding Value Rewards Business Credit Cards

Businesses that pay off their card balances each month may prefer rewards cards, which offer cash-backs or access to loyalty schemes, rather than low fees.

To determine the best Rewards cards in the market, Canstar's ratings look primarily at the flight or cash/gift returns offered by a card measured against different levels of annual spending, but also take into consideration other card features.

Here are the providers that top our ratings, scoring 5 Stars for their Rewards Business Credit Cards, and an overview of each card:

ANZ Visa Business Airpoints card

• 1 Airpoints Dollar per $85 of eligible spend, or 1 Airpoints Dollar per $50 of spend directly with Air New Zealand (up to $25,000)
• Business Owners earn 50% bonus Status Points on top of the Status Points earned on qualifying Air New Zealand flights
• No Koru club joining fee (saving of $255), plus a discount of $145 off the standard 12-month individual Koru membership fee for all principals of a business
• Airpoints Dollars do not expire during card membership
• Insurance protection against unauthorised use
• Added layer of protection offered through dynamic security code
• Up to 44 interest-free days

Rates & fees:

• Purchase interest rate: 20.95% p.a.
• Cash advance interest rate: 20.95% p.a.
• Annual fee: $145 p.a.
• Joint/additional card: $5 p.a.

ANZ Visa Business CashBack card

• Cashback of $1 for every $90 spent during 12-month period
• Added layer of protection offered through dynamic security code
• Set individual spending limits on up to 15 cards
• Direct reporting through ANZ Internet Banking or ANZ Direct Online
• Insurance protection against unauthorised use
• Up to 55 interest-free days

Rates & fees:

• Purchase interest rate: 20.95% p.a.
• Cash advance interest rate: 20.95% p.a.
• Annual fee: $95 p.a.
• Joint/additional card: $5 p.a.

Westpac Airpoints Business Mastercard

Westpac's Airpoints Business Mastercard offers one of the the strongest Airpoints earn in the market: one Airpoints Dollar per $85 spent.

• 1 Airpoints Dollar per $85 of eligible spend
• 1 Status Point for every $225 of eligible spend
• Up to 35 days travel insurance
• Discount on 12-month Koru membership
• 24-hour emergency assistance
• Purchase protection up to 90 days, plus extended warranties
• Up to 44 interest-free days on purchases

Rates & fees:

• Purchase interest rate: 20.95% p.a.
• Cash advance interest rate: 22.95%
• Balance transfer rate (for life of the balance): 5.95% p.a.
• Annual fee: $145 p.a.
• Up to five additional cards: $25 p.a.

Westpac: Most Satisfied Customers Business Credit Cards Award Winner 2026

For our latest Most Satisfied Customers Business Credit Cards Award, we asked 246 small business owners to rate their satisfaction with their credit card providers across the following categories, listed in order of their importance to those in our survey:

• Privacy & security: 28%
• Value for money: 27%
• Customer service: 15%
• Communication: 15%
• Rewards program: 9%
• Fees & charges: 3%
• Digital banking: 2%
• Interest rate: 1%

Westpac is the winner of our 2026 Credit Cards Award. Westpac's customers awarded it the maximum possible score for satisfaction across all our award categories, setting it above the other eligible brands in our award survey.

Small business owners surveyed: 246 | Brands assessed: 10 | Brands shortlisted: 4