Important disclosure
Teachers Mutual Bank Teachers Credit Card
Purchase Rate
Purchase Rate
7.90%
p.a
for up to 6 months, then 11.50%
Balance Transfer Rate
Balance Transfer Rate
11.5%
p.a
Purchase Rate
7.90%
p.a
for up to 6 months, then 11.50%
Balance Transfer Rate
11.5%
p.a
Annual Fee
$0
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 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 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 Purchase Rate 7.90% p.a for up to 6 months, then 11.50% |
Cash advance rate 11.5% p.a |
Cash advance fee $4.5 |
Balance Transfer
Balance Transfer Rate 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 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
