Product Disclosure Statement

Inamo Visa Prepaid Facility




This Product Disclosure Statement (“PDS”) is issued by Heritage Bank Limited ABN 32 087 652 024 AFSL 240984 Australian Credit Licence 240984 (“Issuer”) as a requirement under the Corporations Act 2001.

This PDS is designed to assist you in deciding whether to acquire an Inamo Visa Prepaid Facility (the "Facility"). It is important that you read and understand the PDS.

The information in this PDS does not take into account your individual objectives, financial situation or needs. Any advice in this PDS is general advice only.

You should consider the appropriateness of any general advice to your circumstances before acting on it.

This PDS is dated 1st November, 2016.

Updates relating to this PDS

Information in this PDS that is not materially adverse information is subject to change from time to time. You may access this updated information via the internet at Inamo.com, you may request a paper copy of this information free of charge from Inamo Pty Ltd ACN: 610 639 524 by emailing info@inamo.com. The information which Heritage will make available by way of these updates is subject to change from time to time.

General description of the Facility

The Facility is a Reloadable Visa Prepaid Virtual Card. You can load value to the Facility and then use the Facility to access its available balance anywhere in the world where Visa Prepaid Cards are accepted.

The product is not a credit or charge card and the Facility balance does not earn interest. The acquisition of, or value loaded to, the Facility does not represent a deposit with, or investment, in Heritage and is not covered by the Financial Claims Scheme.
Facility Distributor

The Card Group Pty Ltd, ABN 51 150 651 004 (“The Card Group”) AFSL 467462 is the distributor of the Inamo Visa Prepaid Facility and Inamo Pty Ltd is an authorised representative (ARN: 001247645) of The Card Group Pty Ltd.


The Card Group can be contacted via:

Mail:    The Card Group, PO Box H90, Australia Square, NSW 2000 Email:    info@thecardgroup.com.au


Inamo can be contacted via:

Mail:    PO Box H90, Australia Square, NSW 2000 Email:    info@inamo.com

Inamo is not the issuer of the Card.

Facility Issuer

The Issuer of the Facility is Heritage Bank Limited ABN 32 087 652 024 AFSL 240984 Australian Credit Licence 240984 and if you acquire the Facility you will have a contract with Heritage (The terms of the contract are contained in the “Conditions of Use” section of this PDS).

Heritage is an authorised deposit-taking institution and the holder of Australian Financial Services Licence No. 240984 authorising it to provide financial product advice for, and deal in, certain products including the Card.

Heritage can be contacted via:

Mail:    PO Box 190 Toowoomba, QLD 4350 Australia.

Phone:    13 14 22

Roles of the Facility Distributor and Issuer

The Card Group is responsible for the distribution of the Facility under an arrangement with the Heritage and is also responsible for providing various cardholder services.

Heritage is a member of Visa and is responsible for the authorisation and settlement of transactions using the Facility, but may outsource these functions to service providers.
Neither The Card Group, nor anyone else acting on its behalf, has the authority on behalf of Heritage to:

  • Tell you anything about the Facility that is inconsistent with the information in this PDS.

  • Give you financial product advice (that is, a recommendation or statement of opinion

  • intended or that could be reasonably regarded as being intended to influence you in making a decision) about the Card.

  • Do anything else on Heritage’s behalf, other than marketing, arranging for the issue

  • of and providing customer services for the Facility.

To read the full Product Disclosure Statement please click - here