Within New Zealand

$1,000

Outside New Zealand

NZD $1,000

Maximum daily limits are based on New Zealand time

Overseas Banks and institutions operating ATM's may charge an additional fee to the Bank's standard Cash Advance fee, and any overseas Cash Advance will incur an Overseas Cash Advance Fee. If the maximum daily limit imposed by the overseas Bank or institution operating the ATM is less than the Bank's limit stated above, then the overseas Bank or institution's limit will take precedence.

Interest rate

This is charged on the statement production date. For more information on when and how interest is charged, please refer to the Bank's Visa Conditions of Use brochure.

15.50% p.a.

Card/Account fee

This is charged on the first statement issued for a new account and 6-monthly thereafter. This fee assists in covering the costs for the system infrastructure.

$9 per half year

Card replacement fee

Charged at the time a replacement card is ordered. This fee covers the cost of the card production, stationery and processing.

$10 per card

Urgent replacement fee

This is charged at the time an urgent replacement card is ordered and is in addition to the standard card replacement fee. This fee is a direct cost from card suppliers.

$25 per card

Statement reprint fee

This is charged at the time a reprinted statement is ordered. For system-generated statements, this fee covers the cost of stationery, printing, file transfer and postage. For manual statements, this fee covers the cost of stationery, printing and staff time.

$4 per statement

Overseas card delivery

This will be charged at the time a card is ordered. This fee is the cost charged to the Bank to courier the card to an overseas location.

Contact Card Services for a quote

Late Payment Default fee

This fee will be charged monthly on the statement production date, 5 days after the payment due date. It covers the cost for letter production, phone calls and Credit Controllers.

$7 per month

Credit Limit Excess fee

Charged to the Card Account when the credit limit which applies to that Card Account is exceeded. This fee covers the cost for reprinting, phone calls and Credit Controllers.

$7 per month

Cash Advance fee

This fee will be charged on the day that a Cash Advance is made. This fee covers the cost of Branch staff or ATMs. The fee is waived for Premier Cheque Account holders provided the minimum calendar month balance for that account remains above $5,000, all terms and conditions of that account are met and the Card Account is in credit.

$2 per advance.

Overseas Service fee

This commission charge comprises of two components; Issuer Fee and Visa International Service Assessment, and is calculated as a percentage of the converted overseas transaction value. The Overseas Service Fee is charged to your Visa account at the time the overseas transaction is charged to your Visa account, and appears as a separate item on your statement. (A portion of this fee is used to reimburse the Bank for any Visa charges imposed on the Bank for that overseas card transaction).

1.75% of the New Zealand Dollar value of each Overseas Card Transaction

Credit Card Insurance

The premium is charged monthly on the statement production date. Please refer to the Credit Card Insurance brochure for further information.

Calculated at the rate of 78 cents for every $100 (or part thereof) owing on your monthly statement for individual accounts, and $1.34 for every $100 (or part thereof) owing on your monthly statement for joint accounts. No fee is charged if the monthly statement balance is zero.

Industry Fee Program (Visa Classic card)

The following fees set forth are reimbursement fees applicable to New Zealand-acquired transactions.

Government and Utilities

NZD$0.66

Insurance

NZD$0.95

Recurring Payment

0.66%

Strategic Merchant Electronic

0.76%

Strategic Merchant (Card not present)

0.93%

Electronic and Standard Program (Visa Classic card)

The following fees set forth are reimbursement fees applicable to New Zealand-acquired transactions.

Electronic

0.81%

Standard

1.19%

Important information

Industry fee programs apply to all cards and take precedence over Electronic or Standard rate. TSB Bank is not an issuer of Platinum, Commercial, Debit or Prepaid cards. The Interchange Fee is paid by the Acquirer to the Issuer on purchase transactions. Interchange Rate Fees are effective as at 17/04/2010.