This information is current as at 1 March 2019. Interest rates and annual fees are verified by each Financial Institution. All interest rates and fees quoted in the table are subject to change. Bank of Heritage Isle recommends Members seek independent verification.
For a limited time only on Balance Transfer
A balance transfer is where we provide credit to pay off an outstanding amount on a non-Bank of Heritage Isle Visa Credit Card.
A common misunderstanding is that a 12 month 0% balance transfer offer means that interest will not be charged at all on your Visa Credit Card for 12 months.
Interest will not be charged on the amount you transfer to your Bank of Heritage Isle Visa Credit Card when you take up the special 0% balance transfer offer. However, interest will still be charged in the normal way on any other debits to your account.
For example, if you make purchases on your card, interest will be charged on your purchases balance, except to the extent the 55 days interest free period applies, at the purchase rate (currently 10.76%).
The amount of the 0% balance transfer will be included in the Closing Balance shown on your Visa Credit Card statement.
This means that the 55 days interest free period will not apply in relation to your purchases if you do not pay the full Closing Balance (including the 0% balance transfer) on your statement by the due date.
If you do not pay off the amount you transferred during the Balance Transfer period, the interest rate on the remaining balance will revert to our standard variable Visa Card rate, currently 10.76% p.a.
Who can apply for a Credit Card?
You can only apply for a Credit Card as an individual. To apply you need to:
Terms & Conditions
#This information is current as at 1 March 2019. Interest rates and annual fees are verified by each Financial Institution. All interest rates and fees quoted in the table are subject to change. Bank of Heritage Isle recommends Members seek independent verification.
* Terms and conditions apply and are available on our website. Fees and charges and lending criteria apply. 0% p.a. is applied to the Bank of Heritage Isle Visa Credit Card only if the card account being transferred is paid out in full and cancelled. Minimum balance transfer per card is $500.00. We reserve the right to withdraw this offer at any time. Interest rate on remaining balance will revert to our standard variable Visa Card rate, currently 10.76% p.a. Not available in conjunction with any other offer.
1. Normally $30. This offer can be withdrawn at any time without notice.
Read the Key Fact Sheet about our Visa Credit Card
Full product terms and conditions.
ADDITIONAL INFORMATION
Terms & Conditions
General Terms & Conditions
#This information is current as at . Interest rates and annual fees are verified by each Financial Institution. All interest rates and fees quoted in the table are subject to change. Bank of Heritage Isle recommends Members seek independent verification.
* Terms and conditions apply and are available on our website. Fees and charges and lending criteria apply. 0% p.a. is applied to the Bank of Heritage Isle Visa Credit Card only if the card account being transferred is paid out in full and cancelled. Minimum balance transfer per card is $500.00. We reserve the right to withdraw this offer at any time. Interest rate on remaining balance will revert to our standard variable Visa Card rate, currently 10.76% p.a. Not available in conjunction with any other offer.
1. Normally $30. This offer can be withdrawn at any time without notice.
$150 cashback Terms and Conditions
^Not available in conjunction with any other offer and can be withdrawn at any time. This offer is only available to the first 100 Bank of Heritage Isle Visa Credit Card applications who apply and are approved between 5/11/19 – 10/01/20. You will receive your $150 cashback within a month of making $500 worth of purchases on your card (balance transfer does not count as a purchase), if they are made within 4 weeks of card activation or by 10/02/20, whichever comes first. Not available for existing Members of Police Bank, Border Bank or Bank of Heritage Isle with existing Visa Credit Cards. Not available for employees of Police Bank Ltd.
