Important disclosure
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