TSB Credit Cards

TSB Bank is a New Zealand bank providing credit cards, accounts, loans, insurance, investments and advisory.
 TSB logo

Types of TSB credit cards

TSB offers a single credit card to customers: the Visa Classic Credit card.

TSB Visa Classic Credit Card

The Visa Classic is TSB’s flexible credit card that gives you access to credit funds almost anywhere in NZ or overseas. The Visa Classic comes with Visa payWave built in, allowing you to make contactless payments at any supporting store – payments under $80 also won’t require you to enter your PIN, meaning you can just tap and go. There’s also the option of credit card insurance, which covers a portion of your credit card payments in the event of significant illness, death or other major events.


  • Interest rate on purchases: 18.50% p.a.
  • Cash advances: $2 per advance (NZ), $5 per advance (overseas)
  • Annual card fee: $30 p.a. for the first card on your account, $5 p.a. thereafter
  • Online: 24/7 online banking
  • Contactless: Full contactless payments support with Visa payWave
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Eligibility to apply for TSB credit cards

To apply for any of TSB’s credit cards, you must be able to satisfy the following criteria:

  • You must be a New Zealand resident
  • You must be over 18 years of age

How to apply for a TSB credit card

If you satisfy all of the above criteria, you can apply online for a credit card through TSB online banking – if you’re an existing customer – or by downloading a form from the TSB website and emailing it to emailsupport@tsb.co.nz. You can also call visit a TSB branch to apply in person – find your nearest branch here.

You will need the usual documentation to apply for a credit card, including:

  1. Your employment details
  2. Your annual income
  3. Your usual living expenses
  4. Details about assets you own such as a home, car, other belongings, or savings
  5. Any debts you currently owe on other credit cards, loans, or overdrafts

If you don’t currently have a TSB bank account, you’ll also need to provide a valid photo ID. Read our checklist on applying for a credit card for a more detailed explanation of how the process works.

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TSB credit card FAQs

You’ll need to activate your new credit card before you can start using it. After receiving your card, you can activate it online by logging into either online banking or the TSB mobile app, and following the prompts.

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You can manage your TSB credit card through the company’s online banking. By using TSB’s online banking service, you can make and receive payments, pay your bill, access statements and transaction details, and view all of your accounts to see how much you owe.

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When interest is charged

Interest is charged on purchases when you carry a balance on your TSB credit card, and is charged on cash advances from the date of withdrawal. Interest is calculated daily on your outstanding balance, and charged to you monthly on your regular statement.

When interest is not charged

Interest-free days may apply to TSB credit card purchases, as long as you have paid the balance in full for the previous month’s statement and for the current month’s statement.

For more information about interest-free days, check out our article on how they work.

Your credit limit for your TSB Visa credit card will be determined based on the information you provide in your application, keeping in mind the minimum credit limits available for each card which are detailed above. If your credit history is good, you’ll likely be approved for a higher credit limit, and vice versa. Find out more about how credit limits are determined here.

You can close your TSB credit card account at any time by sending a written request to your TSB branch. Your card balance will need to be repaid in full even after the card is closed, and you will continue to receive monthly statements until your card balance is fully repaid.

If you’re cancelling your credit card with TSB because you’re struggling financially, contact its financial hardship team to find a potential solution.

If you’re cancelling your credit card because you aren’t happy with it, then consider checking out what else is on the market by clicking the button below to compare credit cards using the Canstar website:

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TSB was founded way back in 1850 as the New Plymouth Savings Bank, established by Governor in Chief, Sir George Grey. After a century of local operations, the bank’s name was changed to Taranaki Savings Bank in 1964 as it expanded to other towns in the region. The bank grew rapidly, hitting $50 million in deposits in 1978 and $500 million in 1994, and has since grown to manage more than $6 billion in total deposits as of 2017. Following a name change to TSB Bank in 1989, the bank rebranded further in 2017 to TSB.

As a community-owned bank, TSB pays an annual dividend to its owner, the TSB Community Trust. Through this Trust the bank actively sponsors Surf Life Saving New Zealand, the TSB Festival of Lights and WOMAD Festival, as well as Wellington’s TSB Arena and many other sporting events.

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Written by: Sam Bloom | Last updated: October 12, 2018