Newcastle Permanent, Australia Credit Cards

By: EconomyWatch   Date: 6 October 2010

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Newcastle Permanent is issuing the Newcastle Permanent – Value+ Credit Card. It offers a wide range of benefits to the cardholders.

Corporate Profile of Newcastle Permanent
Newcastle Permanent is one of the leading building societies of Australia and its assets are worth more than a billion dollars. It provides valuable alternative services to the credit community of Australia. It deals in banking products and services as well.

Newcastle Permanent was incorporated in 1903. In the 100 plus years of service, Newcastle Permanent has been providing value added products and services to its clients. The credit card being provided by it is a prime example of that.

Client Base of Newcastle Permanent
Newcastle Permanent provides its products and services to more than thousand people in Australia. They also provide personal banking and investment banking services to the business community in Australia. Some of the products and services of Newcastle Permanent are as follows:

  • Home loans
  • Investment products
  • Transaction accounts
  • Finance management solutions
  • Insurances

Newcastle Permanent – Value+ Credit Card

Following are the major features of the Newcastle Permanent – Value+ Credit Card:

  • It is a VISA card.
  • The cardholders receive 3 additional cardholders.
  • The purchase rate is 11.49% per annum.
  • The minimum repayment is either $10 or not applicable.
  • The cash advance rate is 15.49% per annum.
  • The annual fee is $45.
  • The balance transfer rate is 15.49% for life.
  • The late payment fee is $25.
  • There is an interest free purchase period of 55 days.
  • There is no additional card fee.

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