Bendigo Bank

Compare Bendigo Bank credit cards, offering options for low interest and rewards to find the right credit card for you.

Bendigo Bank credit cards

Bendigo Bank Platinum Rewards Credit Card

On Bendigo Bank's website

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$89.00 p.a. ongoing

Highlights

  • Receive 1.5 Bendigo rewards points for each $1 spent.
  • Enjoy up to 90 days of international travel insurance.
  • No charge for supplementary cardholders.

Pros

  • Earn 1.5 Bendigo Bank Rewards points for every dollar spent.
  • Up to 90 days of international travel insurance in any 12-month period.
  • Comes with an extended warranty on purchases.

Cons

  • No sign up bonus offer as of the moment.
  • No introductory balance transfer offer.
Bendigo Bank Qantas Platinum Credit Card

On Bendigo Bank's website

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$149.00 p.a. ongoing

Highlights

  • Accrue 0.6 Qantas Points for every $1 spent.
  • Benefit from 180 days of thorough travel insurance.
  • Comes with an extended warranty for eligible purchases and 90-day purchase protection for items stolen or accidentally damaged (terms apply).

Pros

  • Earn 0.6 Qantas Points per $1 spent.
  • Free Qantas Frequent Flyer membership.
  • 180 days of comprehensive travel insurance.
  • Up to 55 days interest-free.

Cons

  • There is no introductory balance transfer offer or purchase rate offer.
  • The 20,000 cap on reward earnings per statement period.
  • ATO spend does not earn points.
Bendigo Bright Credit Card

On Bendigo Bank's website

Balance transfer

N/A

Purchase rate

9.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$59.00 p.a. ongoing

Highlights

  • Ongoing interest rate remains low at 9.99% p.a.
  • Benefit from its continual low annual fee of $59 p.a.
  • No charges for extra cardholders.

Pros

  • Up to 55 days interest-free.
  • No fees for additional cardholders.
  • Compatible with Apple Pay, Fitbit Pay, Garmin Pay, Google Pay, and Samsung Pay,

Cons

  • You can't earn credit card rewards.
Bendigo Ready Credit Card

On Bendigo Bank's website

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Interest-free days

55 days

Annual fee

$0.00 p.a. ongoing

Highlights

  • $0 annual fee.
  • Take advantage of the $0 international transaction fees.
  • Enjoy up to 55 days interest-free.

Pros

  • No additional cardholder fee.
  • Get up to 90 consecutive days of international travel insurance.
  • Compatible with Apple Pay, Fitbit Pay, Garmin Pay, Google Pay, and Samsung Pay,

Cons

  • You can't earn credit card rewards.
Bendigo Business Credit Mastercard

On Bendigo Bank's website

Balance transfer

N/A

Purchase rate

13.99% p.a. ongoing

Interest-free days

44 days

Annual fee

$48.00 p.a. ongoing

Highlights

  • Charges 13.99% p.a. on purchases.
  • $4 monthly fee per card.
  • Set individual spending limits for each cardholder.

Pros

  • Optional ATM access for nominated cardholders.
  • Flexible billing structure with options for who pays, when, and how much.
  • Single monthly statement with an itemized addendum for each cardholder.
  • Ability to upload transactions to accounting software like MYOB.

Cons

  • Incurs a 3% foreign transaction fee.
  • Lacks a rewards program.

Bendigo Bank is not part of the Big Four Banks but provides a comparable range of products and services. This includes credit cards featuring rewards and Qantas Points, balance transfer offers, and competitive interest rates. A distinctive feature of Bendigo Bank's credit cards is their interest calculation method. Unlike the conventional approach, Bendigo Bank calculates interest from the statement issue date rather than the purchase date, offering a potential interest cost saving of up to 50%.

Benefits of Bendigo Bank credit cards

Bendigo Bank credit cards come with many features that cater to the needs and preferences of different users. Understanding these key features can help you decide when selecting a credit card that aligns with your financial goals.

  • Rewards program: Bendigo Bank credit cards often come with a rewards program that allows cardholders to earn points on their purchases. These points can be redeemed for various rewards, including merchandise, travel, gift cards, and more.
  • Frequent flyer points: Some Bendigo Bank credit cards are specifically designed for frequent travellers, offering the opportunity to earn frequent flyer points on eligible purchases. These points can then be used to book flights, upgrades, and other travel-related expenses.
  • Low annual fees: Bendigo Bank credit cards may come with competitive annual fees, making them a cost-effective choice for individuals looking to manage their expenses efficiently.
  • Interest rates: The interest rates on Bendigo Bank credit cards are designed to be competitive, providing cardholders with flexibility and convenience in managing their balances.
  • Additional benefits: Depending on the specific credit card you choose, you may have access to additional benefits such as complimentary travel insurance, purchase protection, and extended warranty coverage.

How to apply for a Bendigo Bank credit card

When applying for a Bendigo Bank credit card, there are certain considerations to keep in mind to ensure a smooth application process and increase your chances of approval. Here are some essential steps and tips for applying for a Bendigo Bank credit card:

  • Eligibility criteria: Ensure you meet the eligibility criteria of Bendigo Bank, including age requirements, income thresholds, and residency status.
  • Required documents: Prepare all necessary documents, such as proof of identity, income verification, and address proof, to support your credit card application.
  • Credit history: Your credit history is crucial to the credit card approval. Ensure your credit report is in good standing before applying for a Bendigo Bank credit card.
  • Comparison: Before selecting a specific Bendigo Bank credit card, compare the options available to find the one that best suits your financial needs and spending habits.
  • Online application: You can conveniently apply for a Bendigo Bank credit card through the bank's official website. Fill out the application form accurately and provide all required information to expedite the process.

How to manage your Bendigo Bank credit card

Once you receive your Bendigo Bank credit card, it's essential to manage it responsibly to maintain financial stability and maximise its benefits. Here are some tips for effectively managing your Bendigo Bank credit card:

  • Pay on time each month: Make timely payments on your credit card to avoid late fees and interest charges. Set up automatic payments or reminders to ensure you never miss a due date.
  • Set a spending budget: Create a budget to track your expenses and ensure you stay within your financial limits. Avoid overspending to prevent accumulating debt on your credit card.
  • Monitor transactions for anything unusual: Regularly monitor your credit card transactions to detect unauthorised or suspicious activities. Report any discrepancies to Bendigo Bank immediately.
  • Make the most of benefits and perks: Take advantage of your Bendigo Bank credit card's rewards, discounts, and other benefits. Maximise the value of your card by using it for eligible purchases.

Help choosing a Bendigo Bank credit card

Discover the perfect Bendigo Bank credit card with our expert assistance.

  • FAQs

  • Pros & cons

What rewards programs are available with Bendigo Bank credit cards?

Bendigo Bank Credit Cards offers various rewards programs that allow cardholders to earn points on their purchases. These points can be redeemed for a range of rewards, including travel, merchandise, gift cards, and more.

Can I earn frequent flyer points with Bendigo Bank credit cards?

Certain Bendigo Bank Credit Cards are designed to earn frequent flyer points on eligible purchases. These points can be used for booking flights, upgrades, and other travel-related expenses.

What are the annual fees associated with Bendigo Bank credit cards?

The annual fees for Bendigo Bank Credit Cards vary depending on the type of card you choose. Checking the specific fees associated with each card before applying is recommended.

What measures can I take to manage my Bendigo Bank credit card effectively?

To manage your Bendigo Bank Credit Card effectively, ensure you make timely payments, stick to a budget, monitor your transactions regularly, and utilize the benefits offered by the card.

What additional benefits are available with Bendigo Bank credit cards?

In addition to rewards programs and frequent flyer points, Bendigo Bank credit cards may offer additional benefits such as complimentary travel insurance, purchase protection, and extended warranty coverage. Be sure to check the specific features of your card for details.

Pros

Competitive interest rates

Bendigo Bank credit cards often offer competitive interest rates, making them an attractive option for users who may carry a balance on their cards from month to month.

Community support

By choosing Bendigo Bank credit cards, users support a bank known for its community-focused initiatives and contributions, as Bendigo Bank is a prominent supporter of local communities and charities.

Variety of card options

Bendigo Bank offers a variety of credit card options to cater to different needs, including low-rate cards, rewards cards, and cards with additional features such as complimentary insurance or concierge services.

Mobile payment integration

Bendigo Bank credit cards are compatible with various mobile payment systems, allowing users to conveniently make payments using their smartphones or other mobile devices.

Personalized customer service

Bendigo Bank is renowned for its personalized customer service, with dedicated support teams ready to assist cardholders with any inquiries or issues they may encounter.

Cons

Limited international acceptance

Bendigo Bank credit cards may have limited acceptance outside of Australia, particularly in regions where major international card networks like Visa or Mastercard are more prevalent, which could pose challenges for users traveling abroad.

Higher fees for rewards cards

While Bendigo Bank offers rewards credit cards, they may come with higher annual fees compared to their non-rewards counterparts, potentially offsetting some of the benefits gained from the rewards program.

Foreign transaction fees

Bendigo Bank credit cards typically charge foreign transaction fees for purchases made in a foreign currency, which can increase the cost of using the card for international transactions.

Limited reward redemption options

The rewards program associated with Bendigo Bank credit cards may have limitations on redemption options, including blackout dates or restrictions on certain categories of rewards, reducing the flexibility for cardholders to use their accumulated points.

Limited travel benefits

While some Bendigo Bank credit cards may offer travel-related perks such as complimentary travel insurance, these benefits may be more limited compared to those offered by larger banks or premium credit cards.