The lowdown.
About Heritage Bank credit cards
Heritage Bank stands out as Australia’s largest customer-owned bank, operating as a mutual society since 1875. This means every customer is also a member and shareholder, with profits reinvested to benefit members and local communities rather than external investors. Heritage Bank offers competitive credit card options with attractive rates, while its network of Community Bank Centres across Australia ensures communities have access to fair and reliable financial services. Known for championing the ‘community bank’ model, Heritage Bank prioritises people over profits.
Types of Heritage Bank credit cards
Heritage Bank provides a variety of credit cards to suit different spending habits and budgets, including low-rate, standard, and platinum options.
- Balance transfer credit cards: If you want to pay off an existing card with another bank, the Heritage Bank Gold Low Rate and Heritage Bank Platinum currently offer 0% p.a. interest on balance transfers for the first 12 months.
- Low rate credit cards: The Heritage Bank Gold Low Rate Credit Card is perfect for those who carry a balance over time. Unlike most low-rate cards, it skips interest-free days but makes up for it with no annual fee, keeping costs low for budget-conscious users.
- Platinum credit cards: For those after premium perks, Platinum Credit Cards deliver rewards points, free travel insurance, and concierge services. The higher fees reflect the added benefits, making them ideal for frequent spenders who value luxury and convenience.
- Standard credit cards: These mid-tier cards are designed for a wide range of borrowers, offering a balance of features and affordability. While the annual fee is higher than the low-rate option, Heritage Bank often waives it in the first year, adding extra value for new cardholders.
Benefits of Heritage Bank Credit Cards
Heritage Bank credit cards come with practical and innovative features that enhance your everyday banking experience:
- Cash by Optus: Load your Heritage Bank credit card onto your Android smartphone via an Optus postpaid plan and pay at Visa payWave terminals—even if your battery’s dead. The Cash by Optus app also lets you track transactions and shop online with a virtual Visa card.
- Digital wallets: Link your card to Google Pay, Samsung Pay, Apple Pay, Fitbit Pay, or Garmin Pay for quick, contactless payments using your phone or wearable device.
- Fee-free ATM access: Withdraw cash without worrying about fees at Heritage Bank ATMs or those of the Big Four banks, ANZ, Westpac, NAB, and Commonwealth Bank. This wide network makes accessing your money hassle-free.
- Visa advantages: Enjoy Visa payWave for tap-and-go purchases under $100, global acceptance at millions of locations, and the Visa Zero Liability Policy for fraud protection (excluding ATM transactions).
Eligibility criteria of Heritage Bank credit cards
To qualify for a Heritage Bank credit card, you’ll need to meet these simple requirements:
- Age: Be 18 years or older.
- Residency: Be an Australian citizen or permanent resident. If you're neither, compare cards available for temporary residents.
How to apply for a Heritage Bank credit card
Applying for a Heritage Bank credit card is a breeze with their online process, taking just 10–15 minutes. Here’s how to do it:
- Head online: Click ‘Go to Site’ from our comparison table to visit Heritage Bank’s secure application page.
- Gather details: You’ll need personal information, full name, contact numbers, address, marital status, date of birth, number of dependents, and contact info for a relative not living with you and your driver’s licence number for identity verification.
- Employment and income: Current job status (e.g., employed, self-employed, retired), how long you’ve been there, previous employment (if applicable), and additional income sources like shares or rentals.
- Complete the form: Complete the online application, saving your progress if you need a break.
- Submit: Send it off and wait for Heritage Bank to confirm approval.
