Rates

Credit card rates - effective 30 November 2021

If you do not pay amounts when they are due, we can charge you interest on those amounts at the default interest rate, which is your interest rate + 5.00% p.a.

All interest rates are subject to change without notification.
Interest rate type Rate
Purchase interest rate 18.50% p.a
Cash advance interest rate 18.50% p.a

Description

  • Purchase interest rate

    This is charged on purchases and may be charged on fees if you have not paid all of the closing balance of your statement by its due date.

    For more information on when and how interest is charged on purchases, please refer to our Visa credit card conditions of use.

  • Cash advance interest rate

    This is charged on cash advances and dishonoured payments from the date the cash advance is made or the payment is dishonoured.

    For more information on when and how interest is charged on purchases, please refer to our Visa credit card conditions of use.

 

Fees

Visa Credit card fees – effective 30 November 2021

All credit card contracts are subject to credit fees and charges.

 

Fee Amount
Account fee - personal accounts $15 per half year for the first card on the card account
Account fee - joint/additional card $2.50 per half year for each joint/additional card on the card account
Account fee - business accounts $17.50 per half year for the first card on the card account. $2.50 per half year for each additional card on the account
Card replacement fee $7.00 per card
Statement request fee $1.50 per statement
Overseas card delivery fee Variable - contact us for a quote
Foreign currency conversion fee 2.30% of the New Zealand Dollar value of each foreign currency transaction
Other charges The amount we have paid

Description

  • Account fee

    This is charged on the first statement issued for a new card account and 6 monthly thereafter. 

    This fee is charged to assist in covering TSB’s costs associated with providing account access and facilitating payments. 

    If you are a joint cardholder, this fee may be shown in your statement as two charges of $8.75. This is the combination of the $15 fee for the first card and the $2.50 fee for the joint card, divided by 2.
     

  • Card replacement fee

    This is charged if you request that we cancel your existing card and issue a replacement card. 

    It is charged at the time we send you the replacement card.

  • Statement request fee

    This is charged if you request a copy of a previous monthly statement.  

    This is charged at the time we supply the requested statement.  

  • Overseas card delivery

    This will be charged if you request that we deliver a card to you at an overseas location.  

    This is charged at the time the courier service is arranged. 

  • Foreign currency fee

    This will be charged for any transaction you make in a foreign currency at the time the transaction (including cash advances) is processed.  

    This fee includes costs relating to currency conversion charges and transaction costs.

  • Other charges

    Other charges may be payable on demand if there is a breach of your card contract. These charges are costs or losses we have to pay as a result of us exercising or not exercising our rights or asking you to comply with your card contract where there is a breach.  For example, if we have to engage a debt collector to recover overdue amounts you, we can ask you to pay the debt collection agency fees. Please see your Visa credit card conditions of use for more information.

 

Daily Limits

These daily limits are based on 24-hour periods of New Zealand time. If a merchant or financial institution you’re dealing with has lower minimum or maximum transaction limits than ours, you will need to meet their limits.
Limit
Cash advances within New Zealand at an ATM $2,000 a day
Cash advances outside New Zealand at an ATM $2,000 a day
Cash advances across the counter Up to your available credit limit
Purchases Up to your available credit limit

 

 

Agreements

 

 

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