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Gold Low Rate


Pros and Cons

  • No Annual Fee


    Electronic Wallet Service

    Important Rates


    Balance Transfer

    Overseas spending



    • Free Supplementary Cards


    The Heritage Bank Gold Low Rate credit card has a moderate late payment fee but no annual fee. The card has moderately low interest rates on purchases and does not offer an interest-free period. This card does not have an associated rewards program.

    The Heritage Bank Gold Low Rate credit card offers a range of payment methods, including BPAY, automatic credit card payments, internet banking transfers and over-the-counter payments at your local bank branch.

    This card also offers Visa’s zero liability policy, which means that card holders are not held responsible for unauthorised or fraudulent card transactions. The Heritage Bank Gold Low Rate card is also enabled with Visa payWave, letting customers make payments under $100 quickly and conveniently.

    While this card does not come with a rewards scheme, card holders are granted access to Visa Entertainment.

    • No annual fee
    • Visa zero liability policy
    • Access to Visa Entertainment
    • No rewards scheme
    • No frequent flyer miles
    • No complimentary insurance

    Who is it good for?

    The Heritage Bank Gold Low Rate card may suit budget card holders. Those who struggle to pay their credit card bill in full each month may find the moderately low interest rates beneficial. However, potential card holders should be aware that this card does not offer an interest-free period.

    This card may also be a good fit for potential card holders who want a card that minimises costs. The Heritage Bank Gold Low Rate card does not charge an annual fee, making it an affordable option for many customers.

    Because the Heritage Bank Gold Low Rate card is not a rewards card, it is less suited to those who desire rewards for their purchases. For customers in search of the right rewards program, first consider which type of rewards would suit your lifestyle. Frequent travellers may want frequent flyer miles, and online shoppers may seek merchandise rewards.

    What RateCity says

    The Heritage Bank Gold Low Rate card offers a reasonable interest rate in a no-annual-fee card. This card may be a practical choice for budget card holders who require a relatively low interest rate. The Heritage Bank Gold Low Rate card may also be a sensible choice for customers in search of a simple credit card for their everyday spending. The card offers plenty of methods for payment and doesn’t charge administration fees.

    However, this card does have a couple of drawbacks that may deter certain customers from applying. The card does not offer a rewards scheme, so card holders cannot earn rewards points, cash back or frequent flyer miles. This card also charges an international transaction fee, which may be problematic for those in search of a card for overseas use.


    In order to be eligible for the Heritage Bank Gold Low Rate credit card, you must be at least 18 years old and be an Australian citizen or permanent resident. You must not have a history of bankruptcy. To apply, you may be required to submit personal and contact information including a photo ID, employment details and any financial liabilities. Applicants can save their online application to complete at a later date.

    About Heritage Bank

    Heritage Bank is Australia’s largest customer-owned bank. Founded in 1875, Heritage Bank has its headquarters in Toowoomba, Queensland. Heritage delivers a variety of financial services to Australian individuals, including credit cards, bank accounts, international money transfers, home loans, personal loans, business loans and a range of insurance policies. Heritage Bank can be contacted by phone during business hours, or at any time by email or through an online enquiry form.

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