Newcastle Permanent credit cards

You’ll have a leisurely 55 interest free days to pay off any purchases on your Newcastle Permanent credit card. But remember that the interest free period doesn’t apply to cash advances.

Although a low rate card means interest might not hit you as hard as it could, you should try to pay off your balance before the interest free period is up. If you don’t, not only will you pay interest, but you’ll lose your interest free days for the next month. It’s all too easy to get behind on payments once you get into the habit of delaying.

You will be up for some fees on your Newcastle Permanent credit card, including:

The annual fee

Foreign currency conversion fee

Cash advance fees

You can apply to do a balance transfer onto your Newcastle Permanent credit card, but there are a few important things to remember when you do:

You need to transfer a minimum balance of $500

Once your agreed balance transfer period is up, you’ll be charged interest at the normal rate

Regular interest free days don’t apply to balance transfers

The Newcastle Permanent credit card operates on the VISA network, which means you can use payWave to pay for your small purchases. For anything under $100, you can tap your card, and you’re done! Talk about convenient. 

Yep! Another good thing about your Newcastle Permanent credit card working on the VISA network is that you can use it pretty much wherever VISA is accepted, all around the world.

Keep in mind that if you are using your credit card overseas, you’ll have to pay foreign currency conversion fees on all transactions. And, you might not even know exactly what the conversion is, as it can fluctuate a little bit, depending of how quickly VISA processes the payment. So it’s a good idea to keep an eye on the foreign exchange rates when you’re travelling.

When you get your credit card statement at the end of the month, international transaction will be broken down in both Aussie dollars and whatever foreign currency you were using, so you’ll know exactly what you paid. 

The Newcastle Permanent credit card offering is designed to keep costs down and make your spending simple. Which means that while it’s got a bunch of cool bits, you’ll miss out on some of the more extravagant features, like rewards programs and complimentary insurances.

If those things are important to you, check out a great rewards credit card, or luxe premium credit card.

While credit card fraud is an unfortunate reality, there are a few simple steps you can and should take toward protecting your money. Mostly, it’s just about being vigilant, and not doing anything silly or that doesn’t seem to be on the up and up. To keep yourself safe:

Don’t write your PIN or card details down anywhere, and especially not together.

Never follow links from an email back to Newcastle Permanent’s website, especially if the email is asking for security details. No bank or building society will ask for those details online.

When you pay via eftpos, don’t let the machine out of your sight. It’s a red flag if a business needs to take your card into another room or even below the counter to process payment.

Check out our guide on avoiding credit card fraud for more helpful tips.

With a Newcastle Permanent credit card, you’re also protected by VISA’s zero liability policy - which means that if someone is using your card fraudulently you will be reimbursed, as long as you’ve practiced good credit card safety, for example, taking the steps above.