ANZ Business One Rewards Visa Review
Comprehensive business credit card with rewards and expense management
Key Features
- 1 reward point per $1 spent
- Business expense tracking
- Comprehensive travel insurance
- Up to $100,000 credit limit
Quick Stats
1. Card Overview
The ANZ Business One Rewards Visa is designed specifically for New Zealand business owners who want to earn rewards on their business spending while maintaining clear separation between personal and business expenses. This card combines competitive business rates with a comprehensive rewards program and essential business features.
What sets this business card apart is its straightforward 1:1 rewards earning structure - every dollar spent earns one reward point, making it easy to calculate your earning potential. The card also includes essential business features like detailed expense tracking, quarterly statements, and the ability to set spending limits for additional cardholders.
Key Card Details
Annual Fee: $150
Business Purchase Rate: 18.95%
Foreign Currency Fee: 2.10%
Minimum Credit Limit: $2,000
Rewards Rate: 1 point per $1 spent
Network: Visa Business
Maximum Credit Limit: $100,000
Additional Cards: $50 each
2. Business Features & Benefits
Business Management Tools
- Expense TrackingDetailed categorization of business expenses
- Quarterly Business StatementsPerfect for GST and tax reporting
- Multiple Employee CardsIndividual spending limits and controls
- Online Business BankingIntegrated with ANZ business accounts
Business Travel Benefits
- Comprehensive Travel InsuranceCovers business and personal travel
- Emergency Business Support24/7 assistance while traveling
- Car Rental BenefitsInsurance and preferential rates
- Purchase ProtectionBusiness equipment coverage
3. Rewards Program
The ANZ Business One Rewards program offers straightforward earning with 1 reward point per $1 spent on all business purchases. Points can be redeemed for travel, merchandise, or converted to cash credits - providing flexibility for different business needs.
Annual Earning Examples
Redemption Options
Travel Rewards
- • Domestic flights from 8,000 points
- • International flights from 25,000 points
- • Hotel bookings and car rentals
- • Travel upgrades and experiences
Business Benefits
- • Statement credits from 2,500 points
- • Business equipment and supplies
- • Office technology and software
- • Professional services vouchers
4. Rates and Fees
Business Rates
Business Fees
The 18.95% business purchase rate is competitive for business credit cards in New Zealand, sitting below the typical 20-22% range for business cards. The $150 annual fee is reasonable considering the comprehensive rewards program and business features included.
5. Business Eligibility & Application
Eligibility Requirements
- Registered New Zealand business
- Minimum $75,000 annual business income
- Business operating for 12+ months
- Good business credit history
Required Documents
- Business registration certificate
- Business financial statements
- Personal identification
- Business bank statements (6 months)
6. Pros and Cons
✓ Advantages
- Straightforward rewards earning1 point per $1 spent on all purchases
- Comprehensive business featuresExpense tracking and quarterly statements
- High credit limits availableUp to $100,000 for established businesses
- Travel insurance includedComprehensive business travel coverage
✗ Disadvantages
- Higher interest rate18.95% above some business card alternatives
- Annual fee not waived$150 charged from first year
- Foreign transaction fees2.10% on international business purchases
- Business income requirement$75,000 minimum may exclude smaller businesses
Ready to Reward Your Business Spending?
The ANZ Business One Rewards Visa combines comprehensive business features with straightforward rewards earning.