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The Teachers Mutual Bank Credit Card is a no annual fee Visa credit card that offers an introductory 7.9% interest rate on purchases and balance transfers for the first 6 months you have this card. After that time, all credit card transactions accrue interest at 11.5% p.a.
7.9% p.a.
Balance transfer rate
for 6 months
7.9% p.a.
Purchase rate
for the first 6 months (reverts to 11.5% p.a.)
$0 p.a.
Annual fee
55 days
Interest free period
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Product Name | Teachers Mutual Bank Credit Card |
---|---|
Balance transfer rate | 7.9% p.a. for 6 months |
Balance transfer revert rate | Cash Advance Rate (11.5% p.a.) |
Purchase rate | 7.9% p.a. for 6 months, reverts to 11.5% p.a. |
Annual fee | $0 |
Interest-free period | 55 days |
Cash advance rate | 11.5% p.a. |
Min credit limit | $1,000 |
Max credit limit | $25,000 |
Card type | Visa |
Foreign currency conversion fee | 2.9% |
Minimum income | $25,000 |
---|---|
Available to temporary residents | No |
Joint application | No |
Annual fee | $0 |
---|---|
Minimum monthly repayment | 3% of the closing balance outstanding |
Late payment fee | $10 |
Foreign currency conversion fee | 2.9% |
Cash advance fee | $4.50 |
Overseas cash advance fee | 4% |
Overseas ATM withdrawal fee | $4.50 |
Additional cardholder fee | $0 |
Review by
Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.