Teachers Mutual Bank Credit Cards

A Teachers Mutual Bank credit card offers low rates and no annual fee for people in the education sector or eligible family members.

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Teachers Mutual Bank

Key takeaways

  • Teachers Mutual Bank is a member-owned bank established by teachers in 1966.
  • It is a division of Teachers Mutual Bank Limited and offers one credit card with simple, low-cost features.

Compare credit cards from Teachers Mutual Bank

Purchase rate p.a. Bonus points Points per $ spent Interest-free period Balance transfer rate p.a. Annual fee
Teachers Mutual Bank Credit Card image
Purchase rate p.a.
7.9% for 6 months, then 11.5%
Bonus points
N/A
Points per $ spent
N/A
Interest-free period
Up to 55 days on purchases
Balance transfer rate p.a.
7.9% for 6 months
with 0% balance transfer fee, then 11.5%
Annual fee
$0
Get a 7.9% p.a. interest rate on purchases and balance transfers for 6 months and an ongoing $0 annual fee.
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Benefits of getting a Teachers Mutual Bank credit card

Digital wallets

The Teachers Mutual Bank Credit Card works with Apple Pay, Google Pay and Samsung Pay digital wallets, which means you can add the card to your account and make payments straight from your mobile phone or compatible device.

Visa benefits

You can use a Teachers Mutual Bank credit card around the world wherever Visa cards are accepted. You get protection from fraudulent charges through Visa's Zero Liability Policy and, when you're shopping online, Visa Secure. You can also take advantage of Visa Offers + Perks, which gives you access to exclusive shopping, dining, entertainment and travel deals.

Banking options

Teachers Mutual Bank offers 24/7 account access with Internet banking and the TMB mobile app. The mobile app even gives you a way to put a temporary lock on your card if you lose it.

Sustainability

Teachers Mutual Bank Limited operates with 100% renewable energy and doesn't invest any money into fossil fuels, gambling, alcohol, tobacco or many other industries. It's also a certified B Corp and has been listed as one of the World's Most Ethical Companies. Check out Finder's interview with Teachers Mutual Bank's head of socially responsible banking, Corin Millais, for more details and insights.

How to apply for a Teachers Mutual Bank credit card

Applying for a credit card online is fast and easy. You'll need to be at least 18 years of age and meet the card's eligibility criteria. For more about eligibility, the kinds of documentation you'll need and the factors that can affect whether your card application is approved, check out our full guide to applying for a credit card.

Credit card brands similar to Teachers Mutual Bank

If you want a credit card from a member-owned bank or one that's focused on sustainability, here are 3 others you can compare with Teachers Mutual Bank:

Frequently asked questions

Sources

Amy Bradney-George's headshot
Journalist

Amy is an experienced journalist with over 16 years of experience, contributing to major publications like Money Magazine, The Sydney Morning Herald, and ABC News Australia. Specialising in personal finance, she frequently appeared in media outlets and on radio. Amy holds a Bachelor of Arts in Journalism and Drama from Griffith University and earned RG146 certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, ensuring her expertise is grounded in current financial regulations. Amy was Finder's Senior Writer for Credit Cards from 2016 to 2024. See full bio

Amy's expertise
Amy has written 505 Finder guides across topics including:
  • Credit cards
  • Frequent flyer
  • Credit score
  • BNPL
  • Money management
  • Sustainability

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Read more on Teachers Mutual Bank Credit Cards

  • Teachers Mutual Bank Visa Credit Card

    This card is designed for people working in the education sector and offers low-cost features, including an introductory interest rate for purchases and balance transfers.

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