Changes to our Credit Mastercards

We’re making changes to our Credit Mastercard interest and reward rates 

As part of regularly reviewing our products, we sometimes need to make changes¹. 

From 8 July 2024, we’ll be making the following changes to our Credit Mastercard interest and reward rates: 

• Low Rate Mastercard: the purchase interest rate and the cash advance interest rate will change from 9.95% p.a. to 11.95% p.a.
• Platinum Mastercard: the cash back reward rate will change from $1 for every $70 to $1 for every $100 spent. 

We still aim to provide the best products for our customers and have ensured that our TSB Low Rate Mastercard is still our lowest rate credit card, and our TSB Platinum Mastercard is still our best credit card for cashback rewards.  

Take a look at the key features of our cards. 

For more information, please read the below FAQs. 

Important information 

¹We’re able to make changes to our accounts under our Credit Mastercard Conditions of Use.