Low ongoing 9.95% p.a. interest rate on cash advances and purchases. Up to 55 interest-free days for purchases.
Comes with mobile phone protection, price protection, and purchase protection.
Pros and cons
Competitive interest rates on purchases.
Low ongoing annual card fee.
Comes with mobile phone protection, price protection, and purchase protection insurance.
Supports Google Pay.
Access to Priceless experiences and offers available to Mastercard cardholders.
No rewards program.
Currently does not support Apple Pay, Samsung Pay and other digital wallets.
Additional cards come at a cost.
Rates and fees
Additional cardholders. You can get additional cardholders on this card for $5 p.a. per card.
Digital wallets. This card supports Google Pay.
Gambling transactions. Gambling transactions are not permitted with this card.
Rewards and benefits
Complimentary travel insurance. The TSB Low Rate Mastercard does not come with complimentary international travel insurance.
Concierge services. No credit card concierge service is available, which is not surprising given the card's value proposition.
Insurances. This card comes with price protection, purchase protection, and useful mobile phone protection insurance coverage against accidental damage or theft of your eligible mobile phone (the card must have been used to pay a post-paid monthly bill or prepaid top-up).
Rewards points. This credit card does not have a rewards program.
Sign up bonus. There is no sign up bonus for this card at this time.
Rates and fees
Annual fee. There is an ongoing annual fee of $20 p.a. for this card. That's quite low compared to others in this class.
Balance transfers. This card does not offer a balance transfer offer.
Cash advances. It's 9.95% p.a. for a cash advance with interest accruing from the transaction date. There will be an additional one-off cash advance fee.
Foreign exchange fee. All purchases made in a foreign currency will incur a 1.90% fee. This is marginally lower than average.
Interest-free period. The TSB Low Rate Mastercard comes with an interest-free period of up to 55 days on purchases, excluding cash advances. Interest-free days are only in effect when the previous balance or minimum required payment has been paid.
Purchases. There is no introductory offer on purchases, meaning the ongoing rate of 9.95% p.a. will be applied. This rate is one of the lowest on the market.
This product has not been reviewed yet. Click here to write your review and help others make a better decision.
At Finty we want to help you make informed financial decisions. We do this by providing a free comparison service as well as product reviews from our editorial staff.
Some of the products and services listed on our website are from partners who compensate us. This may influence which products we compare and the pages they are listed on. Partners have no influence over our editorial staff.
Disclaimer: You need to be logged in to claim Finty Rewards. If you proceed without logging in, you will not be able to claim Finty Rewards at a later time. In order for your rewards to be paid, you must submit your claim within 45 days. Please refer to our T&Cs for more information.