Additive manufactured parts of thermally-conductive CuCr1Zr and high-hardness M300 tool steel were fabricated via a single step multi-material Laser-based Powder Bed Fusion (PBF-LB). The corrosion properties of two interface configurations, CuCr1Zr built on M300 and M300 on CuCr1Zr, were evaluated using the electrochemical polarization resistance measurement, weight loss method and galvanic corrosion current measurement via a Zero Resistance Ammeter. The interface microstructure of the dissimilar bi-metallic parts fabricated by multi-material PBF-LB is tunable. The printing configuration influences the defect size and density and interface microstructure, which affect the global corrosion rate of the fabricated parts. Electrochemical measurements were performed on the fabricated parts in oxygen-saturated and chloride-containing water at elevated temperature, complimented by post-mortem characterizations. The interface configuration with M300 on CuCr1Zr has a slightly lower corrosion rate than that of CuCr1Zr on M300. Unexpectedly, galvanic corrosion occurred only locally in the interface region between M300 and CuCr1Zr materials. Beyond the interface regions, there is no clear sign of galvanic corrosion. Pitting and intergranular corrosion in CuCr1Zr material is the dominant corrosion mechanism. Both base materials beyond the interface region underwent localized pitting, particular in CuCr1Zr. Intergranular corrosion in CuCr1Zr is governed by sub-surface defects like pores and microcracks formed during printing.