Platinum Rewards Credit Card card image

Bendigo Bank Platinum Rewards Credit Card

Advertiser disclosure
Purchase rate
19.99% p.a.
Balance transfer rate
No current offer
Annual fees
$89
Interest free days on purchases
55

Mozo editorial review Bendigo Bank Platinum Rewards Credit Card - last updated: 4 September 2023

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What's hot
  • Low $89 annual fee
  • Earn 1.5 Bendigo Bank Rewards points per $1 spent
  • Up to 90 consecutive days international travel insurance
What's not
  • $15 late payment fee
Mozo snapshot

If you like the idea of free flights or cashback just for shopping, then look no further than the Bendigo Bank Platinum Rewards Credit Card. This card allows you to earn 1.5 Bendigo Bank Rewards points for every dollar spent as well as various other perks.

The card comes with a 19.99%% p.a. purchase interest rate, 55 interest free days and a low $89 annual fee.

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Key features

The Bendigo Bank Premium Rewards Credit Card comes with a purchase interest rate of 19.99% p.a. but the credit card is worth it for the perks, including gift cards to complimentary travel insurance. The card also comes with up to 55 interest-free days and a reasonably low $89 annual fee.

When it comes to points, you’ll earn 1.5 points per dollar spent on Mastercard on eligible transactions. You can cash in points for rewards like flights, gift cards, retail products or even cashback. 

And since the Bendigo Bank Platinum Rewards Credit Card is a premium rewards card, there are some handy perks as well. Things like complimentary travel insurance, extended warranty, purchase protection, a concierge service and commission-free travel cheques are all up for grabs with this plastic.

However, if you’re keen to do some online shopping or take this card across borders, you’ll need to remember the 3.00% foreign exchange margin. It’s also best to keep this card away from ATMs, thanks to the high 21.99% cash advance rate.



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Who is it good for

The Bendigo Bank Platinum Rewards Credit Card is a great option for Aussie shoppers who love to take advantage of retail rewards or frequent travellers looking to cash in on travel perks.

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Any catches

The Bendigo Bank Platinum Rewards Credit Card does come with a 3.00% foreign exchange margin. And while this is a standard rate for many cards, if you plan on spending big on your next getaway, you could be better of with a travel money option that doesn’t come with a foreign exchange margin.

And if you occasionally miss a repayment, it might be a good idea to set up a direct debit to avoid the $15 late payment fee.

Rewards program details

Rates and fees information correct as at 29 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

555,600 points

Fly Sydney to Melbourne one-way

47,782 points

$100 Giftcard

37,040 points

$100 Cash

-

Points earning

1.5 points per dollar on Mastercard, uncapped

Rewards scheme

Bendigo Rewards. Redeem your points for travel, gift cards, shopping gift cards, cashback and retail products.

Value of rewards points

Spend $24,693 (Mastercard)

Spend $36,052 (Mastercard)

Spend $395,093 (Mastercard)

Uncapped

36 months

How do we calculate these points?

Rate and fee details

Rates

19.99% p.a.

none

No current offer

yes

21.99% p.a.

55

Fees

$89.00

none

none

none

$15.00

Greater of $3.00 or 3% of the transaction amount.

3.00%

$5.00

$10.00

$0.00

Features

$10.00

3.0

yes

$5 fee for overseas ATM withdrawals

Payment options

Apple Pay, Google Wallet, Samsung Pay, Fitbit Pay, Garmin Pay

Rewards privileges

Concierge,
Travel Insurance,
Commission-free Travellers Cheques,
Extended Warranty,
Purchase Protection

Customer Reviews

How are Bendigo Bank credit cards rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Bendigo Bank Platinum Rewards Credit Card

About Bendigo Bank

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23.99% p.a.

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10.99% p.a.

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Qantas Frequent Flyer

$450

100,000

1.25 points up to 100,000 points/year, then
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1 point up to 20,000 points/month

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Qantas Frequent Flyer

$250 $150 in the first year

70,000

0.66 points up to $3,000/month, then
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Qantas Premium Card

Qantas Frequent Flyer

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20,000

1 point uncapped

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$295 $145 in the first year

160,000

1.25 points uncapped

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0.75 points uncapped

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0.75 points uncapped

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Qantas Frequent Flyer

$395 $295 in the first year

120,000

1 point up to $5,000/month, then
0.5 points up to $20,000/month

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Low Rate Card

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

13.49% p.a.

$59 $0 in the first year

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Premier Credit Card

0% p.a. for 6 months and then 22.24% p.a.

21.49% p.a.

$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year

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Velocity Frequent Flyer

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19.99% p.a.

$100

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12.99% p.a.

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$99

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0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

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0% p.a. for 20 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

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No current offer

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0% p.a. for 6 months and then 8.99% p.a.

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0% p.a. for 9 months then 20.74% p.a.

0% p.a. for 9 months and then 21.74% p.a.

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Flex Card

0% p.a.

No current offer

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StraightUp Card

n/a

No current offer

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