Heritage Classic Credit Card – Rates and Fees

Earn reward points that can be redeemed for gift cards, appliances and home wares when you apply for the Heritage Classic Credit Card.

The Heritage Classic Credit Card comes packed with a variety of bonuses including a maximum interest-free period of up to 55 days, access to Visa Entertainment and a wide range of payment options.

Other attractive features available with this credit card are access to Visa Entertainment so you can enjoy savings on a variety of events and attractions and the ability to earn Heritage Credits for every $1,300 spent per calendar month.

Product NameHeritage Bank Classic Visa Credit Card
Rewards ProgramHeritage Credit Rewards
Purchase rate (p.a.)17.99% p.a.
Annual fee$55 p.a.
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
Up to 55 days on purchases
Cash advance rate (p.a.)17.99% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$1,000
Card TypeVisa
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age
Available To Temporary ResidentsNo
Joint ApplicationNo
Annual fee$55 p.a.
Minimum Monthly Repayment3% or $30, whichever is the greater
Late Payment Fee$20
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Cash Advance Fee2% or $2.50, whichever is the greater
Gambling Transactions AllowedNo
Additional Cardholder Fee$7.50
Rewards ProgramHeritage Credit Rewards
Rewards Points per $ spent (VISA/MC)0.001

Heritage Classic Credit Card review

The Heritage Classic Credit Card offers a competitive interest rate and allows you to earn reward points that can be used to claim gift cards, housewares, appliance and other items. Get up to 55 interest-free days on all purchases, as long as you continue paying your balance off in full each billing cycle. The card also comes with access to Visa Entertainment so you can enjoy savings on a variety of events and attractions and allows Visa payWave for purchases under $100 for faster payment.

Benefits of the Heritage Classic Credit Card

  • Easy-to-meet obligations. Since the interest rate being charged on this card is competitive, it is easier to pay off the outstanding balance on your credit card. The result is less financial burden on your part on the first year that you have the credit card.
  • Interest-free transactions for up to 55 days. The Heritage Classic Credit Card comes with up to 55 days interest-free. This allows you to use the card for everyday expenses such as grocery shopping - and then settle the balance without incurring any costs at the end of the month.
  • Earn Heritage Credits. For every $1,300 spent in one calendar month, you will earn 1 Heritage Credit.
  • Choose from a variety of reward options. Claim gift certificates, home wares, appliances, and other products from Heritage when you have enough Heritage Credits. These rewards can be claimed over the phone or online.
  • Earn more points when you have other Heritage accounts. If you have other accounts from Heritage, it is faster to earn points. You'll be surprised by the variety of gift options available.

Features of the Heritage Classic Credit Card

  • Annual fee. This credit card attracts an annual fee of $55. Annual fee is waived if Visa purchases within the calendar year exceed $25,000.
  • Interest-free period. Enjoy up to 55 interest-free days on purchases.
  • Credit limit. This card has a minimum credit limit of $1,000.
  • Visa payWave for purchases under $100. This feature lets you make quicker payments when you buy products or services from thousands of participating merchants. The Visa payWave can be used for purchases that are under $100.
  • Payment options. Different types of payment options are available.
  • Use the card on 2,900 ATMs nationwide. Withdraw money from over 2,900 ATMs all over Australia without any problem with this credit card. As a Visa card, you can get access to credit 24/7.
  • Monthly repayments. You'll need to pay a minimum monthly repayment of 3%.
  • Access to Visa Entertainment. Be in on the latest in entertainment with this Heritage credit card. It comes with access to Visa Entertainment so you can enjoy savings on a variety of events and attractions.

How to apply for the Heritage Classic Credit Card

Applying for the Heritage Bank Classic Credit Card is simple and easy. If you've decided that this credit card is right for you, you must need to complete an online application form to start the process.

Eligibility criteria

All Heritage credit card applications are subject to initial screening. Applicants need to meet these basic criteria to apply for the credit card:

  • Be at least 18 years old
  • Have a good credit standing
  • Be a resident of Australia

Required information

Applying for a credit card at Heritage online takes about 10-15 minutes to complete. You will need to provide your personal details, employment information, as well as details of your income and liabilities. Below are some documentations you need to present:

  • Australian driver's licence
  • Employer's address and phone number
  • Complete information on your personal finances, including assets and debts

The Heritage Classic credit card has a range of features that will help you pay less on everyday transactions while letting you earn reward points at the same time. Apply for this Heritage card to experience what it has to offer.

Back to top
Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.

Credit Cards Comparison

Rates last updated November 16th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Low Fee Platinum Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
Citi Platinum Credit Card - Exclusive Offer
0% p.a. for 13 months (reverts to 20.99% p.a.)
0% p.a. for 13 months
$49 p.a. annual fee for the first year ($149 p.a. thereafter)
finder Exclusive:
Save with 0% interest on purchases and balance transfers for 13 months (with no BT fee). Plus, a discounted $49 annual fee for the first year.
Virgin Australia Velocity Flyer Card - Exclusive Offer
0% p.a. for 14 months (reverts to 20.74% p.a.)
0% p.a. for 6 months
$64 p.a. annual fee for the first year ($129 p.a. thereafter)
finder Exclusive: Save on credit card costs with half the annual fee for the first year and a 0% p.a. interest rate on purchases for 14 months.
American Express Westpac Altitude Platinum Bundle - Qantas - Exclusive Offer
20.24% p.a.
$50 p.a. annual fee for the first year ($249 p.a. thereafter)
finder Exclusive:
Up to 90,000 bonus Qantas Points when you meet the criteria with this dual Visa (issued & serviced by Westpac) & Amex (issued & serviced by Amex).

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
Go to site