Newcastle Permanent Value+ Credit Card

The basics

• Additional cardholders. Add up to 3 additional cardholders for free. The main cardholder will be responsible for managing the account, making payments, and ensuring the additional cardholders use the card responsibly.
• Digital wallets. Supports Apple Pay, Google Pay, and Samsung Pay.
• Gambling transactions. Gambling transactions are not allowed with this card.

Rewards and benefits

• Complimentary travel insurance. This card does not come with complimentary international travel insurance coverage.
• Concierge services. Cardholders are unable to access a concierge service.
• Insurances. This card comes with fraud protection, but does not have any additional insurance benefits.
• Rewards points. There is no rewards program, so earning points with this card is not possible.
• Sign up bonus. There is no sign up bonus for this card.

Rates and fees

• Annual fee. There is an ongoing annual fee of $49 p.a. This is about average for a card of this type.
• Balance transfers. Transfer debt from other credit and store cards at the standard ongoing rate of 11.99% p.a. This is not competitive since there are many credit cards with introductory interest-free balance transfer offers.
• Cash advances. Cash advances will incur interest at 11.99% p.a., which will accrue from the transaction date. There is a one-off fee of 2.5% on any cash advances in addition to the interest rate. This cash advance offer is quite competitive.
• Foreign exchange fee. A 3% fee will be charged for any purchases made online or overseas in a foreign currency.
• Interest-free period. Get up to 55 days interest-free on purchases (except cash advances) when your account balance is paid in full, or the minimum required payment has been made.
• Purchases. There is no introductory offer on purchases, so the ongoing interest rate of 11.99% p.a. will apply should a purchase be carried over. Although not the cheapest rate, it is lower than what's on offer with many competing cards.