Important disclosure

Teachers Mutual Bank Limited

Teachers Mutual Bank Teachers Credit Card

  • Apple, Google & Samsung Pay
  • Balance transfer
  • No annual fee
Purchase Rate

7.90%

p.a

for up to 6 months, then 11.50%

Balance Transfer Rate

11.5%

p.a

Tags
  • Apple, Google & Samsung Pay
  • Balance transfer
  • No annual fee
Purchase Rate

7.90%

p.a

for up to 6 months, then 11.50%

Balance Transfer Rate

11.5%

p.a

Annual Fee

$0

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More details

Australian Credit Licence 238981Fees & charges apply

Pros and cons

For Teachers Credit Card

Benefits

  • 7.9 p.a. on purchases for 6 months then 11.5 p.a.
  • Ongoing variable purchase rate ranked in the best 20%
  • No Annual Fee
  • Apple Pay, Google Pay and Samsung Pay available
  • Free supplementary cards

Drawbacks

  • No reward program

Teachers Mutual Bank Rate Credit card overview

For Teachers Credit Card

Details

Card Level

Standard

Card Type

Visa

Interest Free Days

55

Minimum monthly repayment

3%

Minimum credit limit

$1k

Maximum credit limit

$25k

Free supplementary cards

Instant Approval

Target Market Determination

Visit Teachers Mutual Bank Limited to view Target Market Determination.

Fees

Annual Fee

$0

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late Payment Fee

$10

Over limit fee

$0

Duplicate statement fee

$7

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

7.90%

p.a

for up to 6 months, then 11.50%

Cash advance rate

11.5%

Cash advance fee

$4.5

Balance Transfer

Balance Transfer Rate

11.5%

p.a

Transfer Limit

100%

of the approved credit limit

Balance Transfer Fee

Overseas spending

Foreign Exchange Fee

2.9% on Visa

Overseas charges

$4.5

Estimated ATM Cost

$13.2

for AU $300 withdrawal

Rewards

Program name

Rewards Available

-

Eligibility

Minimum age

18

Minimum income

Eligibility conditions

-

Residency

Perks

  • FREE SUPPLEMENTARY CARDS

Other Restrictions

Interest free days if your closing balance is paid in full on or before every statement due date

How to apply

If you'd like to apply for this product or just get more information, follow the application process on Teachers Mutual Bank.