Heritage Bank Platinum Credit Card

Pay off debt with 0% p.a. interest on balance transfers for the first 12 months and enjoy 6 complimentary insurance covers with this Platinum card.

The Heritage Bank Platinum gives you a way to pay off existing credit card debt with a 0% p.a. interest rate on balance transfers for 12 months. It has a $125 annual fee that will be waived if you spend at least $35,000 in a year and also offers a concierge service, complimentary travel insurance and access to the Heritage Credits rewards program.

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0% p.a.

Balance transfer rate

for 12 months

16.99% p.a.

Purchase rate


Reward points

Per $ spent

$125 p.a.

Annual fee

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Product NameHeritage Bank Platinum Credit Card
Rewards programHeritage Credit Rewards
Balance transfer rate0% p.a. for 12 months
Balance transfer revert rateCash Advance Rate (18.99% p.a.)
Balance transfer limit95% of available limit
Purchase rate16.99% p.a.
Annual fee$125
Interest-free periodUp to 55 days on purchases
Cash advance rate18.99% p.a.
Min credit limit$6,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsNo
Joint applicationNo


  • Enjoy 0% p.a. on balance transfers for the first 12 months
  • Receive complimentary insurance covers, including guaranteed pricing scheme, overseas travel insurance and purchase cover insurance.
  • Get access to a concierge service, Visa Offers and Perks, and rewards program.
  • Earn 3 Heritage Credits for every $1,500 spent per calendar month.
  • Annual fee is waived if Visa purchases exceed $35,000 during the year up to the anniversary date


  • Balance transfer reverts to a relatively high 18.99% p.a. cash advance rate
  • Heritage Credits are only awarded when the $1,500 spend requirement is met.
Rewards programHeritage Credit Rewards
Bonus pointsN/A
Annual fee$125
Minimum monthly repayment3% of the closing balance or $30, whichever is greater
Late payment fee$20
Foreign currency conversion fee3%
Cash advance fee2% or $2.50, whichever is greater
Additional cardholder fee$7.50

Review by

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

Like most platinum products, the Heritage Bank Platinum Visa card offers perks like rewards, concierge services and complimentary insurances to add extra value. If you’re switching from another card, it’s balance transfer offer gives you a way to pay off debt interest-free for 12 months. Plus, it doesn’t have a balance transfer fee – unlike some other balance transfer offers. It also charges a competitive interest rate compared to most platinum credit cards, but you should still aim to pay your balance in full each month. That way you can avoid interest and take advantage of interest-free days on future purchases. On top of that, you can reward your spending with Heritage Credits, but you should take note of how much you’ll have to spend to redeem rewards.

How to apply

You can apply for the Heritage Bank Platinum Visa card by making an enquiry online, visiting a branch or contacting the bank over the phone. Before you do, check if you meet the eligibility requirements.

Eligibility criteria

  • Age. You must be at least 18 years old.
  • Residency. This card is available to permanent Australian residents.

Card benefits

  • 0% p.a. on balance transfers for 12 months. This interest-free balance transfer offer is only available if you include your request when you apply for the card. At the end of the first 12 months, the introductory 0% p.a. Balance transfer rate will revert to a cash advance rate of 18.99% p.a. This rate will apply for any remaining balance after the promotional period ends.
  • Heritage Credits. You will earn 3 Heritage Credits for every $1,500 spent per calendar month, which can be redeemed for rewards such as gift cards, merchandise and homewares. Check out Finder's guide to the Heritage Credits rewards program for more details.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a $125 annual fee.
  • Interest-free days. You can take advantage of up to 55 days interest-free on purchases when you pay your balance in full by the due date on each statement.

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