The Teachers Mutual Bank Visa Credit Card offers . Ongoing benefits include no annual fee, and a low ongoing interest rate.
Updated 9 September 2024
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The Teachers Mutual Bank Visa credit card is Teachers Mutual Bank's low interest rate product. This is also the only credit card Teachers Mutual Bank offers. Featuring a competitive Purchase interest rate of 11.50% p.a., which is Teachers Mutual Bank's lowest, and including up to 55 interest free days, this product is great for minimising interest and managing cash-flow, if you want flexibility with your monthly repayment. Of the 200+ credit cards reviewed by Stay or Go, this card ranks among the best 10% lowest purchase rates. Further, the product has no annual fee, which is Teachers Mutual Bank's lowest standard annual fee. As a result, this card is one of only a limited number that offer an ongoing $0 Annual Fee.
Considering its key features, this card is most suitable to someone who wants the peace of mind that if they do need to pay interest from time to time, the rate will be competitive. Other benefits include no additional cardholder fees.
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No rewards program
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$0 annual account fee
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2.90% international transaction fee
Other fees may apply.
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11.50% p.a. variable purchase rate
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11.50% p.a. variable cash advance rate
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Up to 55 interest free days on purchases
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Before applying for this product, you should read the Target Market Determination (TMD) available here on the Teachers Mutual Bank website.