Heritage Bank credit cards

Heritage Bank is Australia’s largest customer-owned bank. Heritage Bank was created in 1875 as the Toowoomba Permanent Building Society. In 1897, the Darling Downs Building Society was established. In 1981, these two organisations merged to become Heritage Building Society.

Heritage Building Society changed its name to Heritage Bank in 2011 and now operates from the head office in Toowoomba’s CBD.

Heritage Bank delivers a broad credit card offering, including options for both personal and business expenses.

Other available products

Personal Finance Editor

Content updated

17 Oct, 2022

Product data updated

15 Jun, 2025

Why choose Heritage Bank

Benefits

No-annual-fee option
Low-rate option
Rewards scheme option

Drawbacks

Charges an annual fee on most cards
Charges a late payment fee
Balance transfer not available

About Heritage Bank credit cards

Heritage Bank offers a range of credit cards, including low rate, no annual fee, classic and platinum options. Because of the wide variety, Heritage Bank credit cards may be suitable for a number of different customers, like budget card holders and rewards-seekers.

A Heritage Bank rewards card may be suitable for those who want to earn rewards as they spend. In addition to Heritage Credits, rewards card customers gain access to insurance cover and a concierge service.

Heritage Bank credit card rates vary from product to product, but tend to be in the middle of the market. The interest rates range from moderately low to moderately high depending on the card you choose. In general, platinum cards incur a higher interest rate.

The fees charged by Heritage Bank are also in the middle of the market. Annual fees range from no annual fee to moderately high, and all cards charge a moderate late payment fee.

Heritage Bank credit cards review

Heritage Bank delivers a credit card offering suitable for both budget customers and rewards-seekers. Budget card holders may be well suited to a low-rate option, while high spenders and reward-seekers may be better suited to a rewards card.

Some Heritage Bank credit cards feature perks such as no annual fee, or access to a rewards scheme.

Heritage Bank credit card rates range from moderately low to moderately high, making them suitable for a variety of customers. Similarly, fees tend to remain in the middle of the market.

Heritage Bank credit cards offer a moderate number of interest-free days, and your credit limit may range from low to moderate depending on the card you choose.

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About our expert

Mark Bristow

Personal Finance Editor

Mark Bristow is RateCity's Senior Finance Content Producer, and an experienced analyst, researcher, and producer. While primarily focused on Australian mortgage and home loan expertise, he has experience across energy, home and travel insurances. Mark has been a journalist and writer in the financial space for over ten years, previously researching and writing commercial real estate at CoreLogic. In the years since, Mark has worked for the Winning Group, Expedia, and has seen articles published at Lifehacker and Business Insider. Mark has also completed RG 146 (Tier 1), making him compliant to provide general advice for general insurance products like car, home, travel and health insurance, as well as giving him knowledge of investment options such as shares, derivatives, futures, managed investments, currencies and commodities.

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.

Heritage Bank credit cards

Why choose Heritage Bank

Benefits

Drawbacks