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.