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

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

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  • Apple, Google & Samsung Pay
  • Balance transfer
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Balance Transfer

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Purchase Rate

3.99%

p.a

for up to 6 months, then 8.99%

Annual Fee

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  • Balance transfer
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Purchase Rate

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  • Apple Pay
  • Balance transfer
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Purchase Rate

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  • Apple, Google & Samsung Pay
  • Balance transfer
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Purchase Rate

7.90%

p.a

for up to 6 months, then 11.50%

Annual Fee

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