Teachers Mutual Bank Limited is making some changes to their terms and conditions effective from 31 October 2024, applying to consumer lending products, which includes home loans, personal loans and credit cards, plus deposit products across all divisions;
- Firefighters Mutual Bank
- Health Professionals Bank
- Teachers Mutual Bank
- UniBank
In summary some of the changes include;
- Telephone (Phone) Banking services will cease 30 November 2024
- Implementation of security feature for Internet and Mobile banking app
- Introduction of a new savings product called Essential Saver account
- Providing more access facilities on Pension Advantage account
- Updating the interest and interest free period on credit card fees and charges
- Correction of the clause in the Home Loan, Personal Loan and Guarantor Offer and Loan Contract (Removed $25 default notice fee and the disclosure clauses updated)
For more information please refer to;
- The Notice of change available to view against Consumer lending terms and conditions and Fees and Charges which are also available to view on the Broker Portal (Product page) and within each Divisional website.
If you have any questions, refer to your BDM.
