Teachers Mutual Bank

Compare the Teachers Mutual Bank credit card and its key features, rates, and fees. Be informed before you apply.

Teachers Mutual Bank credit card

Balance transfer

6 months at 7.9% p.a.

Purchase rate

6 months at 7.9% p.a.

Interest-free days

55 days

Annual fee

$0.00 p.a. ongoing

Details

  • Take advantage of an introductory rate of 7.90% per annum on both balance transfers and purchases, reverting to 11.50% per annum thereafter.
  • Benefit from a lifetime exemption from annual fees.
  • Credit limits ranging from $1,000 to $25,000 are available. Enjoy up to 55 days with no interest charges.

Pros & cons

Pros
  • No annual fee for the life of the account.
  • Introductory offers on purchases and cash advances at 7.90% for 6 months.
  • Low ongoing rate for cash advances and purchases.
  • Additional cardholders at no extra cost.
Cons
  • No rewards program.
  • Introductory balance transfers are not interest-free.

Teachers Mutual Bank offers a Credit Card specifically designed for educators and members of the education community. With competitive interest rates, low fees, and various features, this credit card support your financial goals. Discover the benefits and options available with the Teachers Mutual Bank credit card below.

Benefits of a Teachers Mutual Bank Credit Card

Competitive Interest Rates

  • The Teachers Mutual Bank credit card often comes with competitive interest rates, helping you save on interest costs over time.
  • Compare the interest rates offered by Teachers Mutual Bank with other financial institutions to see the difference.

Low Fees

  • Enjoy minimal fees on transactions, annual charges, and other credit card-related expenses with Teachers Mutual Bank.
  • Learn about the fee structure associated with the Teachers Mutual Bank credit card and how it can benefit you.

Applying for a Teachers Mutual Bank Credit Card

Eligibility Criteria

  • Before applying for a Teachers Mutual Bank credit card, familiarize yourself with the eligibility criteria set by the institution.
  • Ensure you meet these requirements to increase your chances of approval for a Teachers Mutual Bank credit card.

Application Process

  • Learn about the steps involved in applying for a Teachers Mutual Bank credit card, from filling out the application form to submitting necessary documents.
  • Understand the timeline for application processing and when you can expect to receive a decision on your credit card application.

Help choosing a Teachers Mutual Bank credit card

Find the perfect fit for your spending needs with our comprehensive guide to selecting the right Teachers Mutual Bank credit card

  • FAQs

How can I check my Teachers Mutual Bank credit card balance online?

You can easily check your Teachers Mutual Bank credit card balance by logging into your online banking account and accessing your credit card information.

What fees are associated with the Teachers Mutual Bank credit card?

The Teachers Mutual Bank credit card usually has lower fees than those offered by other financial institutions. These fees may include an annual fee, late payment fee, and cash advance fee.

Can I apply for a Teachers Mutual Bank credit card online?

Yes, you can submit an application for a Teachers Mutual Bank credit card through their online application portal on their official website.

How can I earn rewards with a Teachers Mutual Bank credit card?

The Teachers Mutual Bank Credit Card is a low-rate card and does not have a rewards program.

What is the credit limit for Teachers Mutual Bank credit cards?

The credit limit for Teachers Mutual Bank credit cards is determined based on various factors, including your creditworthiness and financial profile.

Are there any special benefits for educators with Teachers Mutual Bank credit cards?

The Teachers Mutual Bank credit card offers a competitive 7.90% p.a. introductory rate for the first six months, with no annual fee. Enjoy up to 55 days of interest-free purchases and receive additional cards at no extra cost. These features are designed specifically to meet the needs of educators.

As seen on

Media - The Sydney Morning Herald
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Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business