With the Heritage Bank Platinum Credit Card, you’ll be treated to a number of exclusive privileges, including a rewards scheme that allows you to claim your points through retail rewards, like gift of shopping cards. You’ll also have access to 24/7 concierge service along with earning 3 Heritage Credits for every $1,500 spend per calendar month. You'll only need to rack up a balance of 64 credits before cashing in for a $100 gift card. But if you’re more of a social butterfly, you’ll be able to use this rewards card to grab tickets for concerts, shows and sporting events before they even hit pre-sale!
Another privilege you can look forward to with the Heritage Bank Platinum Credit Card is complimentary insurance, such as international travel insurance, interstate flight inconvenience insurance, transit accident insurance, purchase cover insurance and extended warranty insurance. There’s also a guaranteed price scheme feature - if you purchase an item with your rewards card and find within 60 days another store is advertising the same product for a cheaper price, you’ll be able to claim the difference in price.
This rewards card has a 17.99% purchase and cash advance rate and a minimum cash advance fee of $2.50. There’s up to 55 interest free days and a late payment fee of $20. But something you will need to factor into your budget is the $125 annual fee and the 3.00% foreign exchange margin if you like your international online shopping.
And if you’re ready to clear that debt you’ve put off for too long, the Heritage Bank Platinum Credit Card offers a 0% balance transfer rate for the first 12 months, before this rate reverts to 17.99% for leftover debt.
Who it's good for:
The Heritage Bank Platinum Credit Card is a good choice for practical spenders who will use their points towards gift cards or shopping trips.
The earn rate on this card is quite a bit lower than the average rewards card, so you need to carefully consider whether or not the benefits on offer are worth the $125 annual fee.