People First Bank Visa Credit Card Review (2026)
People First Bank Visa Credit Card Review (2026)Rates and fees verified 30 September 2026
Rates can change without notice. Last verified: 30 September 2026 (AEST). Please confirm details on the bank’s official page.
Intro rate
2.99%
p.a. for 6 months, then 12.95%
Balance transfer fee
$1.50
flat, per transfer
Annual fee
$59
up to 62 interest-free days
About the People First Bank Visa Credit Card
People First Bank is the customer-owned bank formed when Heritage Bank and People’s Choice merged. It now offers a single credit card: a no-frills Visa with a low ongoing rate and a short intro offer. It replaced the Heritage Gold Low Rate card, which is no longer offered.
The intro rate works differently from most balance transfer deals. Instead of 0% on transfers plus a fee of a few percent, you pay a low rate on everything (transfers, purchases and cash advances) for the first 6 months, and each transfer costs a flat $1.50. After that the ongoing purchase rate applies, and it is one of the lower ones we track.
As a rough guide, moving $5,000 and paying it off evenly over the 6 months costs about $45 in interest and fees. A 0% card with a 3% transfer fee would cost $150 up front. The longer 0% cards win if you need more than 6 months.
Pros and cons
Pros
- ✓ Low 12.95% ongoing purchase rate
- ✓ Flat $1.50 transfer fee, not a percentage
- ✓ Intro rate covers purchases and cash advances too
- ✓ Up to 62 interest-free days on purchases
Cons
- ✗ Intro rate is low but not 0%
- ✗ Short 6-month intro period
- ✗ $59 annual fee
- ✗ No rewards program
How It Compares
- People First Bank Visa Credit CardReviewed here12.95% — 2.99% for 6 months, $59/year
- Bankwest Breeze Classic Mastercard12.99% — long 0% balance transfer
- CommBank Low Rate Credit Card10.99–15.99% — personalised rate
- ANZ Low Rate13.74% — 0% balance transfer
Related guides
Information verified 30 September 2026. Rates are variable and may change. Check eligibility and the Key Facts Sheet on People First Bank’s website before applying. This is not financial advice.