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TSB Banks cuts Visa credit card rate by 3% to market leading 15.5%

Posted in News December 19, 2008 - 06:25am, Bernard Hickey

TSB Bank has cut its Classic Visa credit card interest rate by 3% to 15.5% from December 22. This is significantly below the big 5 banks, including ANZ and National on 22.2%, ASB on a just reduced 20.5%, BNZ on 22.2% and Westpac on a just reduced 21.15%. Kiwibank standard rate is 15.9%.

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