Apply for a Teachers Credit Card

There are 2 easy ways to apply for a Teachers Credit Card: online and paper. Before applying ensure you read the information provided in the key facts sheet below.

This information is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

Key facts about this credit card

Correct as at: 1st October 2012

Description of credit card
Product name	Teachers Credit Card
Minimum credit limit	$1,000
Minimum repayments	3% of the closing debit balance as per the monthly statement, rounded up by the nearest dollar, by the due date as stated on the monthly statement
Interest on purchases	11.50% p.a.
Interest-free period	Up to 55 days on purchases
Interest on cash advances	11.50% p.a.
Promotional interest rate	7.90% for the first 6 months
Annual fee	$0
Late payment fee	$10 and is payable when the minimum payment is not received by the due date as indicated on the statement

There may be circumstances in which you have to pay other fees. A full list of current fees applicable to this credit card can be obtained from www.tmbank.com.au/fees.

For more information on choosing and using credit cards visit the ASIC consumer website at www.moneysmart.gov.au.

The terms on which this credit card is offered can change over time. You can check if any changes have been made by visiting www.tmbank.com.au/creditcardfactsheet.