TSB Credit Cards

TSB Bank is a New Zealand bank providing credit cards, accounts, loans, insurance and investments. It is Canstar’s 2023 Bank of the Year | Credit Cards.
 

Bank of the Year | Credit Cards

The TSB is the winner of Canstar’s Bank of the Year | Credit Cards Award 2023.

The TSB’s win comes against a backdrop of big changes to the rewards offered by many credit card providers. Due to government legislation that has capped the fees credit card providers charge to merchants, many card issuers have dialled back the rewards they offer. But not the TSB, which has issued two new cards that together deliver the lowest interest rate in the market plus some of the best rewards.

The TSB’s low-rate card is nearly 3% cheaper than the next most competitive product. And for a $90 annual fee, its Platinum Mastercard earns $1 cashback for every $70 spent, with no cap on the amount of cashback you can earn.

TSB’s Award Winning Credit Cards

TSB offers two great credit card options:

TSB Low Rate Mastercard

Features:

  • Mobile phone protection (T&Cs apply)
  • Up to 55 days interest free

Fees and charges:

  • $20 annual fee
  • Additional card: $5 p.a.
  • Purchase & cash advance interest rate: 9.95% pa

TSB Platinum Mastercard

Features:

  • $1 cashback for every $70 spent on eligible purchases
  • Mobile phone protection (T&Cs apply)
  • Domestic & overseas travel insurance (Exclusions, T&Cs apply)
  • Up to 55 days interest free

Fees and charges:

  • $90 annual fee
  • Additional card: $5 p.a.
  • Purchase interest rate: 20.95% p.a.
  • Cash advance interest rate: 22.95% p.a.

Canstar’s free comparison tool gives you the ability to compare TSB credit card products with those from other lenders in the credit card market. For more details, just click on the button below.

Compare Credit Cards with Canstar

TSB Credit Cards

Canstar Research
Rating:
Award: Bank of the Year Credit Cards

5-Star Rated: Low Rate | Rewards: $12,000, $24,000, $60,000 & $120,000 Spends

Low Rate Mastercard | Platinum Mastercard

View the 2023 Credit Cards Star Ratings Report

Written by: Bruce Pitchers | Last updated: March 24, 2023