Heritage Gold Low Rate Credit Card
Highlights
- $0 p.a. annual fee.
- Save on low interest of 11.80% p.a. on purchases.
- Cash advance rates are comparatively low at 11.80%, which is lower than the standard rate of many other cards.
Pros and cons
Pros
Cons
History
Our review
Convenience
Customer service
Rates and fees
Rewards
Trust
The basics
- Additional cardholders. This card allows for up to 2 additional cardholders, free of charge. The main cardholder will be responsible for managing the account and ensuring all repayments are made on time.
- Digital wallets. Supports Apple Pay and Google Pay.
- Gambling transactions. Heritage Bank has blocked gambling-related transactions.
Rewards and benefits
- Complimentary travel insurance. This card does not come with complimentary international travel insurance.
- Concierge services. The Heritage Gold Low Rate Credit Card does not offer a concierge service.
- Insurances. This card comes with fraud protection, but no other insurance benefits.
- Rewards points. Doesn't come with the ability to earn Heritage Credits.
- Sign up bonus. There is no sign up bonus at this time.
Rates and fees
- Annual fee. There is no annual fee for this card.
- Balance transfers. The Heritage Bank Gold Low Rate Credit Card offers a 12-month interest-free balance transfer. The revert rate is 11.80%. There are no balance transfer fees.
- Cash advances. Interest is charged from the transaction date at 11.80% p.a.
- Foreign exchange fee. An additional 3% fee will be charged for purchases made in a foreign currency, either overseas or online.
- Interest-free period. This card does not offer an interest-free period on purchases, which is quite unusual compared to other cards in this class.
- Purchases. There is no introductory offer on purchases, but the ongoing purchase rate is a low 11.80% p.a.
Reviewed by Nilooka Dissanayake
Writer
User reviews
Convenience
Customer service
Rates and fees
Rewards
Trust
Helpful and honest, speedy approval
Reviewed by Ian
Heritage is very helpful and straight-to-the-point. They don’t leave anything out when explaining the terms and conditions of this credit card. Other places that I have dealt with in the past have not been very honest with their credit cards, but Heritage explained in more detail than I had expected.
The application process was very fast and the approval of the credit card was even faster. Delivery of the credit card in the post was done within two days of being notified that my application was approved.
I have been with Heritage for 16 years and I would not use any other banking facility for anything.
Sort of OK, but better deals available
Reviewed by Ryan
I have been with Heritage for years. However the lack of ATMs is horrible. Fees are expensive and there are no rewards offered for loyal customers.
Service provided is good and they were quick to call me when they saw I purchased something overseas. This is one of the only reasons I am staying with them.
Shop around. You can get a better deal.
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