Heritage Isle Credit Union Credit Cards

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Enjoy the power of choice with Heritage Isle: a low rate or platinum credit card, it’s up to you

A team of Comalco employees joined together to form the Heritage Isle Credit Union in 1965, and it now offers membership to all Australians. With branches in Launceston, George Town, Beaconsfield, and Exeter, Heritage Isle services more than 7,000 members, many of whom reside in and around the Tamar Valley. This credit union offers its members a range of financial services and products, which include loans, savings and investment accounts, different types of insurances, financial planning and foreign exchange solutions. It also offers two MasterCard products.

Comparison of Heritage Isle Credit Cards

Rates last updated September 27th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Heritage Isle Credit Union Low Rate MasterCard
$75 annual fee for life plus 0% p.a. for 9 months on balance transfers.
12.99% p.a. 0% p.a. for 9 months $75 p.a. More info

Types of credit cards that Heritage Isle offers

Heritage Isle members get to choose between two credit cards, and while both come with a MasterCard association, some of the features they offer are noticeably different.

  • Low rate credit cards

Some credit card users don’t require too many features, and if you are in this boat you can benefit from the competitive rates that these cards offer. The Low Rate MasterCard that Heritage Isle offers, in addition to its low interest rate, gives you the ability to get up to 55 interest-free days on purchases. You can also use this card to transfer balances from existing cards and it comes with complimentary purchase cover.

Rates last updated September 27th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
Heritage Isle Credit Union Low Rate MasterCard
$75 annual fee for life plus 0% p.a. for 9 months on balance transfers.
12.99% p.a. 0% p.a. for 9 months $75 p.a. Up to 55 days on purchases More info
Rates last updated September 27th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Interest Free Period
ANZ Low Rate
Save with a low rate on purchases and balance transfers with a low annual fee and ongoing purchase rate.
13.49% p.a. 0% p.a. for 18 months with 3% balance transfer fee $58 p.a. Up to 55 days on purchases Go to site More info
ANZ First Visa Credit Card
Enjoy a low annual fee, interest-free days on purchases and a low minimum credit limit.
19.74% p.a. 0% p.a. for 18 months with 3% balance transfer fee $30 p.a. Up to 44 days on purchases Go to site More info
Citi Simplicity Card
Enjoy up to 55 interest-free days and a low interest rate on purchases plus enjoy free bottles of wine from Citibank Dining Program. Offer ends on 31 March 2017.
11.99% p.a. for 24 months (reverts to 19.99% p.a.) $0 p.a. Up to 55 days on purchases Go to site More info
ANZ Frequent Flyer
Receive 25,000 bonus Qantas Points after your first eligible purchase is made within 3 months of card approval, enjoy easy payments using Apple Pay and earn 1 Qantas Point per dollar spent.
19.99% p.a. $95 p.a. Up to 44 days on purchases Go to site More info
ANZ Rewards Credit Card
Get 25,000 bonus Reward Points after your first eligible purchase is made within 3 months of card approval and earn 1.5 points per dollar spent.
18.79% p.a. $80 p.a. Up to 44 days on purchases Go to site More info
Virgin No Annual Fee Credit Card
No annual fee for the life of the card with $100 cashback and a 0% p.a. offer on balance transfers for 18 months. Spend criteria applies for cashback offer. Plus $100 cashback offer when spend criteria is met.
18.99% p.a. 0% p.a. for 18 months with 2% balance transfer fee $0 p.a. Up to 44 days on purchases Go to site More info
Westpac Low Rate Card
A no frills credit card with an introductory rate of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases.
1% p.a. for 12 months (reverts to 13.49% p.a.) 0% p.a. for 18 months $59 p.a. Up to 55 days on purchases Go to site More info
Newcastle Permanent Value+ Credit Card
Enjoy a competitive annual fee and interest rates on purchases, cash advances, and balance transfers.
11.49% p.a. $49 p.a. Up to 55 days on purchases Go to site More info

Learn more about low rate credit cards

  • Platinum credit cards

A platinum credit card normally comes linked to a rewards program, while also offering a range of other benefits. The Heritage Isle Platinum MasterCard, for example, rewards you in accordance to your spending, offers a number of complimentary insurance covers and gives you access to a concierge service. You can use this card for balance transfers and you also get up to 55 interest-free days on purchases.

Rates last updated September 27th, 2016
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Heritage Isle Credit Union Platinum MasterCard
$179 annual fee for life plus 0% p.a.for up to 14 months on balance transfers.
VISA/MC: 1.25 AMEX: 0 20.24% p.a. 0% p.a. for 14 months $179 p.a. More info
Rates last updated September 27th, 2016
Bonus Points Points per $ spent Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
VISA/MC: 1 AMEX: 0 19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn bonus Velocity Points in the first 3 months and a low 0% p.a. for 18 months on balance transfers. Receive a free Virgin Australia $129 Gift Voucher each year. Available from mid-2016.
VISA/MC: 0.66 AMEX: 0 20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 20 months and an introductory purchase offer of 1% p.a. for 12 months with an annual fee waiver for the first year.
VISA/MC: 0 AMEX: 0 1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. Go to site More info
Citi Qantas Signature Credit Card
Earn up to 70,000 bonus Qantas Points on eligible spend, plus enjoy a 0% p.a. for 6 months offer on balance transfers.
70,000 bonus points VISA/MC: 1 AMEX: 0 20.99% p.a. 0% p.a. for 6 months $99 p.a. annual fee for the first year ($395 p.a. thereafter) Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive $200 back when you spend $500 in the first 3 months. Also enjoy a $0 annual fee for the first year.
VISA/MC: 0 AMEX: 0 19.74% p.a. $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
60,000 bonus points VISA/MC: 1 AMEX: 0 19.99% p.a. $199 p.a. Go to site More info
Citi Rewards Credit Card - Platinum Card
Enjoy a long term balance transfer offer and earn 1.25 Citi Reward Points on per $1 spent for all domestic purchases.
VISA/MC: 1.25 AMEX: 0 20.99% p.a. 0% p.a. for 24 months with 1.5% balance transfer fee $199 p.a. annual fee for the first year ($249 p.a. thereafter) Go to site More info
American Express Platinum Edge Credit Card
Receive 10,000 Membership Rewards Bonus Points when you meet the minimum spend requirement. Also receive a complimentary Virgin Australia domestic economy return flight every year.

10,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $195 p.a. Go to site More info
Bank of Melbourne Vertigo Platinum
A platinum card with a low balance transfer offer of 0% p.a. interest for 20 months and 1% p.a. for 12 months on purchases combined with complimentary insurance covers.
VISA/MC: 0 AMEX: 0 1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 20 months $99 p.a. Go to site More info
American Express Velocity Platinum Card
Enjoy up to 50,000 bonus Velocity Points when you meet the minimum required spend and earn up to 3 rewards points per dollar spent. Also receive a complimentary return flight every year.
50,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $349 p.a. Go to site More info
ANZ Frequent Flyer Platinum
Get 50,000 bonus Qantas Points after first eligible purchase is made within three months. Earn up to 1.5 Qantas Points per $1 spent on purchases.
50,000 bonus points VISA/MC: 0.5 AMEX: 1.5 19.99% p.a. $295 p.a. Go to site More info
ANZ Rewards Travel Adventures card
Pay no overseas transaction fee on purchases and receive complimentary domestic return flight and lounge passes each year you hold the card when you spend $500 on eligible purchases within the first three months.
VISA/MC: 1 AMEX: 2 20.24% p.a. $225 p.a. Go to site More info
American Express Qantas Premium Card
Earn as much as 30,000 bonus Qantas Points when you meet the minimum spend requirement. Enjoy frequent flyer benefits including uncapped Qantas Points per $1 spent, complimentary travel insurance and Qantas Club lounge invitations.
30,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $249 p.a. Go to site More info
Citi Rewards Platinum Card - Cashback Offer
Earn $250 cashback on eligible spend, plus enjoy 0% p.a. balance transfer offer for 12 months, discounted annual fees for the life of the card and a complimentary travel insurance.
VISA/MC: 1.25 AMEX: 0 20.99% p.a. 0% p.a. for 12 months $99 p.a. annual fee for the first year ($199 p.a. thereafter) Go to site More info
American Express Platinum Card
Receive 80,000 Membership Rewards Bonus Points when you meet the minimum spend requirement and earn up to 3 points per dollar spent. Gain access to travel insurance, $300 Platinum Travel Credit every year and access to 800 VIP airport lounges.
80,000 bonus points VISA/MC: 0 AMEX: 1 $1,200 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - 0% Interest Offer
An interest-free period on both purchases and balance transfers.
VISA/MC: 0.66 AMEX: 0 0% p.a. for 12 months (reverts to 20.74% p.a.) 0% p.a. for 6 months $129 p.a. Go to site More info
Virgin Australia Velocity High Flyer Card - 30k Bonus Points offer
Receive 30,000 bonus Velocity Points and earn 1 Velocity Points per $1 spent. Receive an exclusive $129 Virgin Australia Gift Voucher and two complimentary Single Entry Virgin Australia domestic Lounge passes each year.
30,000 bonus points VISA/MC: 1 AMEX: 0 20.74% p.a. 0% p.a. for 6 months $144 p.a. annual fee for the first year ($289 p.a. thereafter) Go to site More info
ANZ Rewards Platinum
Enjoy accelerated points earning and great Platinum features with ANZ Rewards Platinum card. Also offering 50,000 Reward Points after your first eligible purchase is made within 3 months of card approval.
50,000 bonus points VISA/MC: 1 AMEX: 2 18.79% p.a. $95 p.a. Go to site More info
American Express Qantas Ultimate Card
Enjoy 50,000 bonus Qantas Points when you meet the minimum spend requirement and earn up to 3 Qantas Points for every $1 spent. Also enjoy a complimentary return flight every year.
50,000 bonus points VISA/MC: 0 AMEX: 1 20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $450 p.a. Go to site More info
ANZ Low Rate Platinum Credit Card
Platinum card perks with a low ongoing interest rate.
13.49% p.a. 0% p.a. for 18 months with 3% balance transfer fee $99 p.a. Go to site More info

Learn more about platinum credit cards

Benefits of Heritage Isle credit cards

Both these credit cards give you easy access to funds, and given that more than 22 million merchants around the world accept MasterCard, you can use it just about everywhere. There’s more to your MasterCard, though, and here’s what you can expect:

  • Complimentary insurances

While both the low rate and platinum cards offer protection through the guaranteed pricing scheme and purchase cover insurance, the platinum card also offers complimentary transit accident insurance, interstate flight inconvenience insurance, and international travel insurance.

  • Platinum concierge service

As a Platinum MasterCard cardholder you get round-the-clock access to a platinum concierge service. Through this service, you can find out about restaurants and hotels in different parts of the world, and you can also use it to keep track of cultural, entertainment, and sporting events. This service assists you in making reservations and booking tickets, and you can also access a bunch of professional services.

  • Promotional rate

The low rate card comes with a promotional 0% p.a. interest rate for balance transfers, and this interest rate stays in place for 9 months. The platinum card also offers a promotional 0% p.a. interest rate for 14 months, and in this case it applies to balance transfers as well as purchases.

  • Security

Your MasterCard makes use of a chip technology that minimises the possibility of fraudulent usage. Fraudshield is in place to detect irregular transactions, and in such instances you’ll receive a phone call immediately.

How to apply for a Heritage Isle credit card

Heritage Isle gives you different ways to apply for a credit card, including downloading a form online. You can also walk into a branch, complete your application over the phone, download the application and once you complete it you can mail it, fax it, or drop it at a branch. To go forward with the application, you should:

  • Be at least 18 years old
  • Be a permanent resident of Australia
  • Have good credit rating
  • Meet the minimum income requirement

In order to complete the application, you have to provide different types of information, which include the following:

  • Personal. This includes your name, home address, email address, phone number, date of birth, marital status, and number of dependants
  • Employment. This section requires your employment status along with the name of contact details of your employer
  • Financial. Financial information comprises details about your income, expenses, assets, and liabilities. You should declare income from all sources, while expenses include things like school fees, child support, utility bills, and so on. Assets include any equity you have in your home and other real estate, as well as vehicles, investments, and savings. When it comes to liabilities you have to provide details about all existing debts which include loans, credit and store cards, lines of credit, and overdrafts.

After the application

Give Heritage Isle some time to review your application. A Heritage Isle rep might contact you for additional details. Employed individuals can help in reducing the application’s processing time by letting their payroll department know about the income verification phone call that Heritage Isle might make. Upon receiving confirmation about your application’s approval, you have to become a member of Heritage Isle before you get your card. You also have to go through a legally required identity verification process.

Frequently asked questions

Given below are answers to questions that people commonly to ask about Heritage Isle credit cards. You can ask any additional questions you may have by using the form at the end of this page.

Can I apply for a Heritage credit card online?

While you can’t apply for a Heritage credit card online, you can visit their website and download an application form. Mail your completed application or fax it, or simply drop it at your closest Heritage Isle branch.

How long does the application take to process?

Allow around three weeks for your application to process. This is subject to verification.

What are the minimum income requirements?

To apply for the low rate card you should earn a minimum of $25,000 p.a. This increases to $35,000 for the platinum card.

Can I get an additional card?

You can get up to four additional cards for both of these credit card accounts.

Do these cards charge the same retail purchase and cash advance rates?

No, the cash advance rate is slightly higher than the retail purchase rate in both cases. You can check both on our credit card review pages.

What happens to the interest rate at the end of the promotional period?

With the low rate card, any outstanding balance from balance transfers at the end of the promotional period starts attracting the card’s cash advance rate. In case of the platinum card, while outstanding balances from balance transfers start attracting the card’s cash advance rate, leftover balances from purchases start attracting the card’s retail purchase rate.

What is the maximum credit limit of these cards?

The low rate card’s maximum credit limit at the time of initial approval is $15,000, and this increases to $30,000 for the platinum card. While you can apply for an increase in your card’s limit, you have to meet certain credit criteria.

How do I earn reward points?

You earn reward points when you make eligible retail purchases, which include online and over the phone purchases as well. You earn 1.25 reward points for every dollar you spend.

How do I redeem reward points?

You can redeem your reward points by visiting the rewards page on the Card Services website. You can also redeem your reward points by calling Card Services.

What can I get for my reward points?

You can book flight tickets through Take Flight, choose from a range of travel and store vouchers, exchange them for merchandise, or simply get cashback. Through cashback, you can use your points to pay your card’s annual fee or reduce your outstanding balance.
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Credit Cards Comparison

Rates last updated September 27th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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