Bank of Heritage Isle Visa credit card

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Save with $150 cashback, no first-year annual fee and a low purchase rate of 10.76% p.a.

The Bank of Heritage Isle Visa Credit Card combines a cashback offer with ongoing cost-saving features. It charges a competitive interest rate to both purchases and cash advances, as well as 0% on balance transfers for 12 months. If you apply by 10 January 2020 and spend $500 in the first 4 weeks, you can also score $150 cashback in your account.

0% p.a.

Balance transfer rate

for 12 months

10.76% p.a.

Purchase rate

$0 p.a.

Annual fee

for the first year ($30 p.a. thereafter)

55 days

Interest free period

Details

Product NameBank of Heritage Isle Visa Credit Card
Balance transfer rate0% p.a. for 12 months
Balance Transfer Revert RatePurchase Rate (10.76% p.a.)
Purchase rate (p.a.)10.76% p.a.
Annual fee$0 p.a. annual fee for the first year ($30 p.a. thereafter)
Interest Free Period55 days
Cash advance rate (p.a.)10.76% p.a.
Min credit limit$1,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age

Pros

  • $0 annual for the first year
  • $150 cashback on your card when you spend $500 on eligible purchases within the first 4 weeks of card activation
  • 0% p.a. on balance transfers for the first 12 months, with no balance transfer fee
  • A low interest rate of 10.76% p.a. on purchases and cash advances

Cons

  • Charges a 3% of transaction value foreign transaction fee
Annual fee$0 p.a. annual fee for the first year ($30 p.a. thereafter)
Minimum Monthly Repayment2.5% of the closing balance or $5, whichever is greater
Late Payment Fee$10
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Number of Additional Cardholders1

Expert review

Sally McMullen

Review by


Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

The Bank of Heritage Isle Visa is a low rate credit card with features to suit people who want to make purchases or pay off existing debt. If you’re planning to spend and take advantage of the cashback, take note that it’s only available to the first 100 customers who apply for the offer.

How to apply

You can apply for the Bank of Heritage Isle Visa Credit Card in 10-15 minutes, as long as you meet the eligibility criteria and can provide the necessary information.

Eligibility criteria

  • Income. You must earn a regular income and demonstrate that you can make repayments.
  • Residency. This card is available to permanent Australian residents.

Card benefits

  • $150 cashback. New cardholders will receive $150 cashback if you make $500 worth of purchases on your card within the first four weeks. This offer is only available to the first 100 Bank of Heritage Isle Visa Credit Card customers who apply and are approved by 10 January 2020.
  • Waived first-year annual fee. Cardholders can save $30 with a waived annual fee in the first year.

Rates & fees

  • Annual fee. Outside of any promotions, the Bank of Heritage Isle Visa Credit Card charges a $30 annual fee.
  • Interest rate. Purchases and cash advances attract a 10.76% p.a. interest rate.

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