Bendigo Bank Low Rate Mastercard | Reviewed & Compared

Bendigo Bank Low Rate Mastercard

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Card features
balance transfer
purchase rate
annual fee
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Bendigo Bank Low Rate Mastercard
Apply by 02 aug 20
Bendigo Bank Low Rate Mastercard
0% p.a. on purchases for 15 months from card approval (reverts to 11.99% p.a. thereafter).
$45 p.a. annual fee.
Balance transfer interest rate 11.99% p.a.
Add to comparison
11.99% p.a.
15 months
0% p.a.
then 11.99%

Pros & cons

What's good?

What's not so good?

0% p.a. on purchases for 15 months from card approval (reverts to 11.99% p.a. thereafter).
$45 p.a. annual fee.
Balance transfer interest rate 11.99% p.a.
Up to 55 days interest free on purchases.
Cash advance rate of 13.99% p.a.
Minimum credit limit of $500.
Tap & goTM for purchases under $100.
Use with Google Pay™, Apple Pay, Samsung Pay, Fitbit Pay™ and Garmin Pay™.
Late payment fee of $15
Disclaimer: Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

The basics

About this card

Card setup
Card tier
Card type
Card use
Credit rating
Gambling transactions allowed
Joint application
Minimum age
18 years old
Minimum income
Minimum income for pensioners
Same as standard
Rewards program
Temporary residents


Additional cardholders
Additional card fee
$0 p.a.

Credit limits

Minimum credit limit
Maximum credit limit


Interest charged from
Statement date
Interest free period
Up to 55 days on purchases
Minimum repayment
whichever is greater, $10 or 3%

Balance transfers

The offer

Interest ratePeriodFeeLimitRevert rate
Balance transfers11.99% p.a.N/AN/AN/A11.99% p.a.

Balance transfers to this card

Balance transfer earns rewards
Balance transfer fee payment due
First statement
Balance transfer from personal loan
Balance transfer processing time
10 - 14 days
Interest free days with unpaid balance
0 days
Maximum balance transfer
Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the Bendigo Bank Low Rate Mastercard at the promotional balance transfer rate from:

    Rates & fees

    Promotional interest rates

    Interest ratePeriodFeeLimitRevert rate
    Balance transfers11.99% p.a.N/AN/AN/A 11.99% p.a.
    Purchases0% p.a.15 monthsN/AN/A 11.99% p.a.

    Ongoing interest rates

    Cash advances 1.17% 13.99% p.a.
    Purchases 1.00% 11.99% p.a.


    Annual fee
    $45 p.a.
    Cash advance fee
    Dishonour fee
    Duplicate statement fee
    Foreign exchange fee
    Late payment fee
    Over limit fee
    Overseas ATM balance fee
    Overseas ATM withdrawal fee
    Overseas emergency card replacement fee
    Transaction verification fee

    Minimum criteria for this card

    What you need before applying

    Be over 18 years old
    You are a resident or citizen of Australia
    You have your personal details ready to complete the online application
    Have not applied for multiple credit cards recently
    Joint applications are allowed
    Age Pension and Disability Pension are acceptable.
    Overseas Pension, Veteran's Pension and Widower's Pension are not acceptable.
    Income from pensions is not allowed
    Disclaimer: The minimum criteria are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.

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    People are happy
    Rated 4.8 out of 5 for customer satisfaction.
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