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Value+ Credit Card



Electronic Wallet Service

Important Rates


Balance Transfer

Overseas spending



  • Free Supplementary Cards


The Newcastle Permanent Value+ Visa comes with a moderately low annual fee, a moderately low interest rate and a moderate number of interest-free days.

There is no points program or rewards scheme offered with this credit card. However, it does offer a range of Visa features and benefits.

Balance transfers are offered on this Visa at a moderately low interest rate. The cash advance rate is also moderately low and cash advances incur a fee for the service.

As a cardholder, you can have up to three additional cards at no extra charge. Each person added to the primary account must be at least 16 years old.

Visa’s zero liability policy provides indemnity against fraudulent charges or unauthorised purchases made with your card or account information.

Worldwide Visa access lets you use the card anywhere Visa is accepted, and Visa Checkout lets you use your card from any compatible device.

  • Moderately low annual fee
  • Additional cardholders free
  • Moderately low cash advance rate
  • Late payment fee
  • No 0% balance transfers
  • No points program

Who is it good for?

The Newcastle Permanent Value+ Visa may appeal if you want a credit card with a minimal number of fees and charges to manage.

It offers the same moderately low interest rate for purchases, balance transfers and cash advances.

This credit card doesn’t offer a rewards scheme or points program, but it might be useful as a day-to-day card for paying bills and making purchases.

When using the card for purchases, you could take advantage of a moderate number of interest-free days.

Transactions made on this card enjoy a range of Visa protections. If you don’t want to carry a credit card on you, Visa Checkout lets you upload the card details to any device.

Contactless transactions less than $100 are supported by Visa payWave.

You don’t need to be an existing member of Newcastle Permanent to apply for this credit card.  

What RateCity says

Newcastle Permanent Value+ Visa is a basic credit card that caters to a basic need. It offers no rewards or points scheme and applies the same interest rate across all transactions.

This Visa card gives you the option of using Visa payWave or Visa Checkout. Some of the less expensive credit cards on the market have little to no digital wallet features.

Up to three additional cardholders can be included on the primary account at no extra cost and with no annual fee.

Other fees and charges that apply to this credit card include a card replacement fee, direct debit fee, payment dishonour fee, foreign currency conversion fee and a replacement statement fee.

A minimum payment amount is required per statement period. A schedule of fees for the Newcastle Permanent Value+ Visa is readily available. 


To be eligible for the Newcastle Permanent Value+ Visa you must be at least 18 years old. You must also be a permanent Australian resident and currently reside in Australia. Your annual income needs to be at least $20,000 and you will need to provide evidence of this via a copy of your most recent payslip, a financial statement or tax return. You can apply for the Newcastle Permanent Value+ Visa online, over the phone or in a branch

About Newcastle Permanent  

Newcastle Permanent, also known as Newcastle Permanent Building Society, was founded in 1903 as the Starr-Bowkett Society in Wickham, a suburb in the New South Wales city of Newcastle. It was converted to a permanent building society in 1939 and now employs nearly 1,000 staff with more than 325,000 customers and almost $11 billion in total assets. Newcastle Permanent is the largest building society Australia and the second largest customer-owned banking institution in Australia.

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