Important disclosure
Pros and cons
For Platinum
Benefits
- Lower than average ongoing variable purchase rate
- Rewards Available through Heritage Credits
- Annual fee of $125 is refunded when you spend $35,000 on purchases every 12 months
- Apple Pay, Google Pay and Samsung Pay available
- Domestic travel insurance
- International travel insurance
- Free supplementary cards
- Price guarantee
- Extended warranty
- Rental car excess insurance
- Concierge
- Special events
- Purchase protection insurance
Heritage Bank Rate Credit card overview
For Platinum
Details
Card Level Platinum | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 3% or $30 |
Minimum credit limit $6k | Maximum credit limit No set max |
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 $125 | Annual Fee Spend Waiver $35k |
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 0% p.a |
Transfer Limit No set max |
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
- DOMESTIC TRAVEL INSURANCE
- INTERNATIONAL TRAVEL INSURANCE
- FREE SUPPLEMENTARY CARDS
- PRICE GUARANTEE If you purchase personal goods in Australia and then find the same product advertised later at a cheaper price within 60 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is more than $75.
- EXTENDED WARRANTY Warranty is extended for the same duration as the original warranty up to 1 year for items that cost less than $20,000
- RENTAL CAR EXCESS INSURANCE
- CONCIERGE
- SPECIAL EVENTS
- PURCHASE PROTECTION INSURANCE Covers up to $15,000 per year.
Specials
- Balance Transfer 0% on Balance Transfers for 12 months