Heritage Bank Credit Cards

Compare Heritage Bank credit cards, focusing on interest rates, fees, and features, for a well-informed choice on your next card.

By   |   Updated 5 Mar 2024

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Comparing Heritage Bank credit cards

Heritage Classic Credit Card

On website

Highlights

  • Minimum credit limit of $1,000.
  • Annual fee of $55 p.a. waived when you spend $25,000 or more.
  • Earn 1 Heritage Credit for every $1,300 spent per calendar month.

Pros

  • Competitive annual fee.
  • Waived annual fee if you meet the criteria.
  • Enjoy 55 interest-free days on purchases.

Cons

  • Other cards have better rewards points earn rate ratios.
  • No balance transfer option.
Heritage Platinum Credit Card

On website

Highlights

  • Enjoy 0% p.a. for 12 months on balance transfers with no balance transfer fee on amounts transferred (reverting to 19.99% p.a. thereafter).
  • The annual fee of $125 p.a. is waived when you spend $35,000 or more.
  • Earn 3 Heritage Credits for every $1,500 spent per calendar month.

Pros

  • 0% p.a. for 12 months on balance transfers with no balance transfer fee on amounts transferred.
  • Includes International Travel Insurance, Interstate Flight Inconvenience Insurance, Transit Accident Insurance, Purchase Cover Insurance, Extended Warranty Insurance, and Guaranteed Pricing Scheme.
  • Platinum-level concierge service, available round the clock.

Cons

  • Other cards offer a better rewards points earn rate ratio.
  • Ongoing interest rates are about average.
Heritage Gold Low Rate Credit Card

On website

Highlights

  • $0 p.a. annual fee.
  • Enjoy low interest of 11.80% p.a. on purchases.
  • Benefit from comparatively low cash advance rates at 11.80%, lower than the standard rate of many other cards.

Pros

  • No annual fee.
  • Low-interest rate.
  • 0% p.a. for 12 months on balance transfers with no balance transfer fee on amounts transferred (reverts to 11.80% p.a. thereafter).

Cons

  • No interest-free days.
  • Not entitled to participate in Heritage Rewards program.

Heritage Bank offers a range of credit cards designed to meet your diverse financial needs. Whether you are looking for a low-rate card, rewards card, or a card with exclusive perks, Heritage Bank has got you covered. In this comprehensive guide, we will delve into the intricate details of Heritage Bank credit cards, helping you make an informed decision that aligns with your financial goals.

Why Choose Heritage Bank Credit Cards?

Heritage Bank credit cards come with numerous benefits that make them a popular choice among consumers. Let's explore some reasons why opting for a Heritage Bank credit card might be the right decision for you:

  • Competitive interest rates
  • Reward programs tailored to suit your lifestyle
  • Contactless payment options for added convenience
  • Comprehensive fraud protection measures
  • Access to exclusive offers and discounts
  • Flexible repayment options to suit your financial circumstances

Types of Heritage Bank Credit Cards

Low-Rate Credit Cards

Heritage Bank offers low-rate credit cards that are ideal for individuals looking to minimize interest costs on their balances. These cards come with competitive interest rates, making them a cost-effective option for everyday use or larger purchases.

Rewards Credit Cards

If you enjoy earning rewards on your credit card spending, Heritage Bank's rewards credit cards are worth considering. These cards allow you to earn points on eligible purchases, which can be redeemed for a variety of rewards such as travel vouchers, merchandise, cashback, and more.

Premium Credit Cards

For those seeking additional perks and benefits, Heritage Bank's premium credit cards offer exclusive features such as complimentary travel insurance, airport lounge access, concierge services, and enhanced rewards programs. These cards are tailored for individuals who value luxury and convenience.

How to Choose the Best Heritage Bank Credit Card for Your Needs

Selecting the right credit card from Heritage Bank involves assessing your spending habits, financial goals, and preferences. Here are some key factors to consider when choosing a Heritage Bank credit card that aligns with your needs:

  • Rewards Program: If you prioritize earning rewards on your purchases, opt for a card with a rewards program that matches your spending patterns and redemption preferences.
  • Interest Rates: Compare the interest rates offered on different Heritage Bank credit cards and select one that aligns with your repayment capabilities and budget.
  • Fees and Charges: Consider the annual fees, late payment fees, and other charges associated with each card to ensure you understand the cost implications.
  • Additional Benefits: Evaluate the additional perks offered with each Heritage Bank credit card, such as travel insurance, purchase protection, and concierge services, to determine which card provides the most value for your needs.

Managing Your Heritage Bank Credit Card

Once you have chosen a Heritage Bank credit card that suits your requirements, it's essential to implement effective management strategies to optimize its benefits and maintain financial health. Here are some tips for managing your Heritage Bank credit card effectively:

  • Monitor Your Spending: Keep track of your credit card transactions regularly to avoid overspending and stay within your budget.
  • Set Repayment Reminders: Ensure timely repayment of your credit card bills to avoid late fees and interest charges. Setting up automatic payments or reminders can help you stay on top of your financial obligations.
  • Utilize Rewards Wisely: Maximize the benefits of your rewards program by redeeming points for valuable rewards that align with your interests and lifestyle.
  • Stay Informed: Familiarize yourself with the terms and conditions of your Heritage Bank credit card to make informed decisions and avoid any surprises.

Help choosing a Heritage Bank credit card

Receive personalized assistance in selecting the ideal Heritage Bank credit card tailored to your unique financial goals and lifestyle preferences.

  • FAQs

What are the eligibility criteria for applying for a Heritage Bank credit card?

To qualify for a Heritage Bank credit card, applicants must meet certain eligibility criteria, including being over the age of 18, meeting minimum income requirements, and having a good credit history.

How can I check my Heritage Bank credit card balance?

You can easily check your Heritage Bank credit card balance by logging into your online banking account, contacting customer service, or visiting a Heritage Bank branch.

Can I apply for a credit limit increase on my Heritage Bank credit card?

Yes, you can apply for a credit limit increase on your Heritage Bank credit card by contacting the bank and requesting a review of your credit limit based on your financial circumstances.

What should I do if my Heritage Bank credit card is lost or stolen?

If your Heritage Bank credit card is lost or stolen, you should immediately report it to the bank by calling the customer service hotline to block the card and prevent any unauthorized transactions.

Does Heritage Bank offer balance transfer options on their credit cards?

Yes, Heritage Bank provides balance transfer options on certain credit cards, allowing you to consolidate existing credit card debt onto a Heritage Bank card with a lower interest rate.

What security features are available on Heritage Bank credit cards?

Heritage Bank credit cards come with advanced security features such as chip technology, PIN protection, and fraud monitoring to safeguard against unauthorized transactions and identity theft.

Can I customize the due date for my Heritage Bank credit card payments?

Many Heritage Bank credit cards offer the flexibility to customize your payment due date to align with your financial commitments and cash flow preferences.

Are there any fees associated with overseas transactions on Heritage Bank credit cards?

Heritage Bank credit cards may incur foreign transaction fees when used for international purchases or withdrawals. It is advisable to check the fee structure for your specific card before traveling abroad.