Important disclosure

Heritage Bank, a trading name of Heritage and People’s Choice Limited

Heritage Bank Classic

  • Apple, Google & Samsung Pay
  • Low annual fee
Purchase Rate

17.99%

p.a

Balance Transfer Rate

Not Applicable

Tags
  • Apple, Google & Samsung Pay
  • Low annual fee
Purchase Rate

17.99%

p.a

Balance Transfer Rate

Not Applicable

Annual Fee

$55

Pros and cons

For Classic

Benefits

  • Lower than average ongoing variable purchase rate
  • Rewards Available through Heritage Credits
  • Annual fee of $55 is refunded when you spend $25,000 on purchases every 12 months
  • Lower than average annual fee
  • Apple Pay, Google Pay and Samsung Pay available
  • Free supplementary cards

Drawbacks

  • No balance transfer

Heritage Bank Rate Credit card overview

For Classic

Details

Card Level

Standard

Card Type

Visa

Interest Free Days

55

Minimum monthly repayment

3% or $30

Minimum credit limit

$1k

Maximum credit limit

$50k

Free supplementary cards

Instant Approval

Target Market Determination

Visit Heritage Bank, a trading name of Heritage and People’s Choice Limited to view Target Market Determination.

Fees

Annual Fee

$55

Annual Fee Spend Waiver

$25k

Supplementary card annual fee

$0

Late Payment Fee

$20

Over limit fee

$0

Duplicate statement fee

$7.5

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

17.99%

p.a

Cash advance rate

19.99%

Cash advance fee

2% or $2.5

Balance Transfer

Balance Transfer Rate

Not Applicable

Transfer Limit

Balance Transfer Fee

Overseas spending

Foreign Exchange Fee

3% on Visa

Overseas charges

$5

Estimated ATM Cost

$14

for AU $300 withdrawal

Rewards

Program name

Heritage Credits

Rewards Available

Gift Card

Eligibility

Minimum age

Minimum income

Eligibility conditions

-

Residency

Perks

  • FREE SUPPLEMENTARY CARDS

Promoted credit cards

Promoted

Lower Purchase Rate

Orange One Low Rate

  • Apple & Google Pay
  • No annual fee
Purchase Rate

11.99%

p.a

Annual Fee

$0

Promoted

Lower Annual Fee

Black Card

  • Apple & Google Pay
  • Balance transfer
  • No annual fee
  • Instant approval

RateCity Exclusive

Earn 2 rewards points per dollar on your eligible spend at Kogan.com (1000 Points = $10 of Credit)
Purchase Rate

0.00%

p.a

for up to 9 months, then 20.99%

Annual Fee

$0

Promoted

More Free Days

Lifestyle

  • Apple & Google Pay
  • Balance transfer
  • No annual fee
Purchase Rate

4.99%

p.a

for up to 5 months, then 12.84%

Annual Fee

$0

Promoted

More Bonus Points

Qantas Premier Everyday

  • Balance transfer
  • Low annual fee
Purchase Rate

19.99%

p.a

Annual Fee

$49