Heritage
Secured Business Visa Credit Card
Business Credit card gives business owners access to a credit card facility, plus the option of having more than one card to cover monthly fuel, accommodation and other business expenses.
Credit cardsBank updated 4 June 2026
At a glance
- Purchase rate
- 10.65%
- Cash advance
- 10.65%
- Interest-free days
- 40
- Annual fee
- $45
- Foreign transaction fee
- 3.00%
- Rewards
- Heritage Credits is Heritage's loyalty program
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Cash advanceInterest rates are on a per annum basis. | — | — | — | 10.65% | — | Business Secured |
| PurchaseInterest rates are on a per annum basis. | — | — | — | 10.65% | — | Business Secured |
§ 02 — Fees · 25
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Additional Statement Fee | Event | $1 | — | For the second and each subsequent statement issued during a month, or when a statement is issued on your facility account at your request at any time before the next statement issuing date. |
| Audit certificate fee | Event | $15 | — | — |
| Default fee | Event | $20 | — | If a payment remains outstanding after its due date |
| Direct Debit Dishonour fee | Event | $10 | — | If a direct debit authorised to be made from or to your account is dishonoured |
| Document/Record Search Fee | Event | $12 | — | Whenever we provide a copy of a document relating to your card account at your request |
| Emergency Card Fee- Outside Australia | Event | $200 | — | Whenever a replacement card is requested to be delivered within 5 days |
| Emergency card replacement fee- within Australia | Event | $25 | — | Whenever a replacement card is requested to be delivered within 5 days |
| Heritage on-line business internet banking security token fee | Event | $50 | — | — |
| Overlimit Fee | Event | $10 | — | Charged per dat on the date of any debit, other than for fees and charges or interest, to your facility account which causes an overdrawing or further overdrawing. |
| Replacement Fee | Event | $10 | — | Whenever a replacement card is requested. In each successive 12 month period |
| SMS Banking- SMS Alerts | Event | $0.25 | — | If an SMS alert is delivered by SMS to your mobile phone |
| Statement replacement fee | Event | $7.50 | — | Whenever a copy of a previous statement is requested |
| Transaction Listing Fee | Event | $5 | — | When a transaction listing between two given dates is issued on your facility account |
| Paper Based Statement Fee | Other | $3 | — | Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge. |
| Periodical Payment | Payment | No fee | — | To another Heritage account |
| Periodical Payment | Payment | $3 | — | To another financial institution or BPAY - Set up by Heritage staff member |
| Annual fee | Periodic | $45 | Every 1 yr | Charge per card |
| Cash Advance Fee | Transaction | 2.00% of transaction | — | Cash Advance Fee applies whenever one of the following transactions are performed; Cash withdrawal, cheque withdrawal, periodic payment, direct debit, manual transfer or debit transfer counter transa… |
| Heritage on-line business internet banking account recconciliation | Transaction | $0.05 | — | — |
| Heritage on-line business internet banking payroll and creditor batch payments | Transaction | $0.05 | — | — |
| Manual Transfer Fee- Heritage account | Transaction | $2.50 | — | Whenever we manually transfer funds from your card account. |
| Manual Transfer Fee-External Payee | Transaction | $4 | — | Whenever we manually transfer funds from your card account to another financial institution including a People's Choice branded account. |
| Overseas ATM or counter withdrawals (Visa) | Transaction | $5 | — | Overseas currency conversion fee is added to base fee |
| Overseas currency conversion fee | Transaction | 3.00% of transaction | — | Fee is calculated on the Australian dollar amount of the transaction |
| Sweep Fee | Transaction | $2 | — | Whenever you place a sweep on your card account to allow funds to be drawn from it and transferred to another Heritage account to meet drawings on that other account. |
§ 03 — Features
Digital banking40 interest-free daysGoogle Pay, Samsung Pay, Fitbit Pay, Garmin Pay, Apple PayHeritage Credits is Heritage's loyalty program
- · Bank@Post facility available. Minimum deposit of $20, maximum deposit of $8,000, minimum withdrawal of $20, maximum withdrawal of $2,000.
- · Electronic or Physical statements available
- · Periodic payments and direct debit available
- · Sweep facility available
- · Visa emergency services available
- · SMS Sevices
- · Business Credit Cards can be issued to business owners and their employees to pay for monthly fuel, accommodation and other business expenses
- · Allows personal and business expenses to be kept separate
- · Convenience to take care of business expenses without having to carry cheques and petty cash
- · Individual monthly spend limits are set by the business owner
- · Multiple credit cards are issued under one overall approved limit, but each card has an individual spend limit
- · Minimum repayment based on percentage of outstanding balance is 3% or $30.00 whichever is the greater, plus overlimit or past due amounts.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Amount $1,000 to no maximum
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by People First and Heritage Bank under the Consumer Data Right, last changed by them on 4 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.