*If you are an employee in the Australian education sector, or are a family member of a Teachers Mutual Bank Limited member – you can join Teachers Mutual Bank. The Relief Teacher Offer is available to you if you are a relief teacher (defined as: Fixed term contract - up to 3 years; Relief/Casual - less than 4 weeks or part time for less than 2 terms; Temporary - full time, 4 weeks or more or part time 2 terms and more; Permanent part time Conditionally trained (4th year student teacher) and may be withdrawn by Teachers Mutual Bank at any time.
1. Fees and charges and lending criteria apply. Consumer lending terms and conditions available here. Relief Teachers can defer the first repayment for up to 3 months on the All Purpose Loan, Travel Loan, Secured New Car Loan and Car Loan. Interest is charged from the date of funding and is calculated on daily balances and debited monthly. No refinancing of existing Teachers Mutual Bank Loans is permitted. Redraw is subject to application and registration. Loan must always remain one repayment in advance.
2. Teachers Mutual Bank arranges this insurance as agent of the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFS Licence No. 234708 (Allianz). Teachers Mutual Bank acts as an agent for Allianz and not your agent. Neither Teachers Mutual Bank nor Allianz provide advice based on any consideration of your objectives, financial situation or needs. To decide if it is right for you please carefully read the relevant product disclosure statement, available online or by contacting us. If you purchase this insurance, Teachers I have Mutual Bank will receive a commission that is a percentage of the premium depending on the product. Ask us for more details before we provide you with any services on this product.
3.Home Insurance discounts. Up to 40% discount is made up of three discounts. First discount is up to 30% No Claim Bonus. To qualify for the maximum No Claim Bonus of 30%, customers must have had no home or contents insurance claims in the preceding five years. However, customers who have had up to two claims may still qualify for reduced No Claim Bonus. The second discount is up to 10% for combining buildings and contents covers on the one policy and the third discount is up to 10% online discount. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. Minimum premiums may apply. Any discounts/entitlements may be subject to rounding and only apply to the extent any minimum premium is not reached. Discounts may not be applied to any flood component of the premium (if applicable). Any online discounts offered are applied to our standard rates (excluding optional covers) and are for the first year's premium only (unless stated otherwise).
A. Minimum premiums may apply. Any discounts/entitlements may be subject to rounding and only apply to the extent any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding taxes and government charges) as reduced by any prior applied discounts/entitlements. Discounts are available at the time of publication and are subject to change without notice.
B. At Allianz’s discretion and subject to availability of replacement item.
C. Premiums payable by instalments may be subject to minor adjustments (upwards or downwards) due to rounding and financial institution transaction fees may apply.
D. Option available only in conjunction with contents cover. Premium amount payable in addition to your home building and/or contents premium. Please refer to your PDS for full terms and conditions.
4. Conditions of use – Accounts and access document and Fees and charges brochures are available online or from any of our offices. You should read both of these documents before deciding to open accounts and access facilities issued by Teachers Mutual Bank. Any advice provided here does not take into consideration your objectives, financial situation, or needs, which you should consider before acting on any recommendations. For further information call 13 12 21 or go to tmbank.com.au
5. You should consider whether this service is appropriate for you before acquiring it. For additional information on security please refer to our Security Guide for electronic transactions available online. Access is subject to availability and maintenance. We test mobile banking to ensure compatibility with the majority of popular devices used by members but cannot guarantee that it will be compatible with all devices and operating systems. We do not charge you for accessing your accounts using your mobile. Internet data charges and call charges may be incurred through your mobile service provider - check with your Internet Service Provider or mobile phone service provider for more details. A 3G or Wi-Fi connection is needed for the mobile banking and map features.
Overdraft/RediCredit:
Membership eligibility applies. Fees and charges and lending criteria apply. Your needs and financial circumstances have not been taken into account. You should read both the Conditions of use – accounts and access document and Fees and charges brochure before deciding to purchase accounts and access facilities issued by Teachers Mutual Bank.
Consumer lending terms and conditions
