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.
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
How it compares
This credit card in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This credit card | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business credit card purchase rateOngoing purchase rate, not introductory offers | 10.65% | 6.96%Greater Bank's Business Visa Credit Card | 13.49%of 14 institutions | 5th lowest of 14 |
Rates
Every rate Heritage publishes for this credit card, 2 in all.
| 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 |
Fees
25 fees published, grouped by when they're charged.
While you hold it1
- Annual fee
Charge per card
$45 a year
When you make a transaction10
- Periodical Payment
To another Heritage account
No fee - Periodical Payment
To another financial institution or BPAY - Set up by Heritage staff member
$3 - Cash Advance Fee
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…
2.00% of transaction - Heritage on-line business internet banking account recconciliation$0.05
- Heritage on-line business internet banking payroll and creditor batch payments$0.05
- Manual Transfer Fee- Heritage account
Whenever we manually transfer funds from your card account.
$2.50 - Manual Transfer Fee-External Payee
Whenever we manually transfer funds from your card account to another financial institution including a People's Choice branded account.
$4 - Overseas ATM or counter withdrawals (Visa)
Overseas currency conversion fee is added to base fee
$5 - Overseas currency conversion fee
Fee is calculated on the Australian dollar amount of the transaction
3.00% of transaction - Sweep Fee
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.
$2
When particular things happen13
- Additional Statement Fee
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.
$1 - Audit certificate fee$15
- Default fee
If a payment remains outstanding after its due date
$20 - Direct Debit Dishonour fee
If a direct debit authorised to be made from or to your account is dishonoured
$10 - Document/Record Search Fee
Whenever we provide a copy of a document relating to your card account at your request
$12 - Emergency Card Fee- Outside Australia
Whenever a replacement card is requested to be delivered within 5 days
$200 - Emergency card replacement fee- within Australia
Whenever a replacement card is requested to be delivered within 5 days
$25 - Heritage on-line business internet banking security token fee$50
- Overlimit Fee
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.
$10 - Replacement Fee
Whenever a replacement card is requested. In each successive 12 month period
$10 - SMS Banking- SMS Alerts
If an SMS alert is delivered by SMS to your mobile phone
$0.25 - Statement replacement fee
Whenever a copy of a previous statement is requested
$7.50 - Transaction Listing Fee
When a transaction listing between two given dates is issued on your facility account
$5
Other fees1
- Paper Based Statement Fee
Fee is charged for each paper statement issued as per your account statement cycle. Excludes eStatements which are free of charge.
$3
Features
- 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.
Eligibility and limits
- Minimum age 18
- Amount from $1,000, no maximum
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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.