Important disclosure
Pros and cons
For Value+ Credit Card
Benefits
- Ongoing variable purchase rate ranked in the best 20%
- Lower than average annual fee
- Free supplementary cards
Drawbacks
- No reward program
Newcastle Permanent Rate Credit card overview
For Value+ Credit Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 3% or $10 |
Minimum credit limit $500 | Maximum credit limit $20k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Newcastle Permanent to view Target Market Determination. |
Fees
Annual Fee $49 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $5 |
Over limit fee $0 | Duplicate statement fee $10 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 11.99% p.a |
Cash advance rate 11.99% |
Cash advance fee 2% or $2.5 |
Balance Transfer
Balance Transfer Rate 11.99% p.a |
Transfer Limit $20k max card limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges $6 |
Estimated ATM Cost $15 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available - |
Eligibility
Minimum age 18 |
Minimum income $20k |
Eligibility conditions - |
Residency Australia Citizen, Permanent Resident |
Perks
- FREE SUPPLEMENTARY CARDS
Other Restrictions
Overseas ATM charges can be 2% or $2.5, whichever is greater.