Low Rate Credit Card card image

Bendigo Bank Low Rate Credit Card

Advertiser disclosure
Purchase rate
11.99% p.a.
Balance transfer rate
0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)
Annual fees
$45
Interest free days on purchases
55
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Mozo editorial review Bendigo Bank Low Rate Credit Card

Last updated: 30 April 2021.

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What's hot
  • Low $45 annual fee
  • Low 11.99% purchase rate
  • 0% balance transfer offer for 24 months (2% BT fee)
What's not
  • $15 late payment fee
Mozo snapshot

The Bendigo Bank Low Rate Credit Card is a bundle of good, bringing you all you could want in a low rate credit card. From its 11.99% purchase rate to a very reasonable $45 fee, right through to its up to 55 interest free days, this is a card that has your back. Not to mention, if you're wanting to clear debt, there's a 0% balance transfer for the first 24 months (with 2% BT fee). 

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Key features

If you apply for Bendigo Bank's Low Rate Credit Card you'll receive a 11.99% purchase rate, which is considerably lower than a number of credit cards, which can come with purchase rates of 19% or over. Plus, the $45 annual fee won't break the bank either. 

While some low rate interest cards can trip you up with their 0 day interest period, you'll get up to 55 interest free days with this card, which means you have almost 2 months to pay off your balance before you get stung with any extra costs. Bendigo bank also offers a fairly unique interest option, as the interest is charged from when you receive your statement, rather than when you initially make the purchase, saving you on your interest.

If you intend to share the credit card with someone else then you’re in luck, because you’ll incur no fee for having additional cardholders, allowing you and another to both use the same account.

The card even comes with a limited time balance transfer offer for anyone looking to get a handle on their existing credit card debt. Bendigo is offering 0% on balance transfers for 24 months (2% fee applies), for up to 80% of the approved available credit limit. To be eligible, you'll need to be a new applicant and you'll need to apply before 30 June, 2021. 

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Who is it good for

The Bendigo Bank Low Rate Credit Card is a great card for anyone who is in need of a credit card that is there to assist them with their daily purchases, either necessities or a bit of fun.

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Any catches

All around the Low Rate Credit Card has a lot of positives, but don’t get too relaxed about making payments, because you’ll be slapped with a $15 late payment fee if you miss the due date.

Details

Rates and fees information correct as at 15 May 2021 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.
Rates
  • 11.99% p.a.

  • none

  • 0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)

  • no

  • 13.99% p.a.

  • 55

Fees
  • $45.00

  • none

  • none

  • none

  • $15.00

  • 0.50%, Min $3.25

  • 3.00%

  • $5.00

  • $10.00

  • $0.00

Features
  • $10.00

  • 3.0

  • yes

  • none

Payment options

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

Customer Reviews

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

Overall
8.1/10
Price
7.2/10
Features
6.7/10
Customer service
8.3/10
Convenience
8.1/10
Trust
8.4/10

Latest reviews of Bendigo Bank Low Rate Credit Card

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About Bendigo Bank

Bendigo Bank is a community focused bank that's all about customer satisfaction. Over the past 22 years, Bendigo Bank has given back $230 million to help communities build the things they need to thrive. With a national presence and an innovative digital experience, Bendigo Bank offers a full range of financial services including credit cards, personal loans, home loans, savings and bank accounts to help Aussies meet their money goals.

See Bendigo Bank credit cards

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Bendigo Bank

Low Rate Credit Card

11.99% p.a.

0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)

$45

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Breeze Mastercard

0% p.a. for 15 months then 9.90% p.a.

0% p.a. for 15 months and then 9.90% p.a.

$49 $0 in the first year

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Westpac

Low Rate

13.74% p.a.

0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)

$59 $0 in the first year

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Citi

Simplicity Credit Card

0% p.a. for 6 months then 21.49% p.a.

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

$0

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Defence Bank

Foundation Credit Card

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

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HSBC

Platinum Credit Card

19.99% p.a.

0% p.a. for 36 months and then 21.99% p.a.

$129 $29 in the first year

Rewards Plus

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American Express

Cashback Credit Card

20.74% p.a.

No current offer

$120

Cashback Rewards

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St.George

Vertigo

13.99% p.a.

0% p.a. for 28 months and then 21.49% p.a.

$55

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American Express

Cashback Credit Card

Cashback Rewards

$120

No current offer

1 point uncapped

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Westpac

Altitude Platinum

Altitude Rewards

$150 $99 in the first year

80,000

1 point uncapped

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American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

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NAB

Qantas Rewards Signature Card

Qantas Frequent Flyer

$395 $295 in the first year

110,000

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

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St.George

Amplify Rewards Signature

Rewards

$279

200,000

1.5 points uncapped

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American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

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NAB

Qantas Rewards Premium Card

Qantas Frequent Flyer

$250

30,000

0.66 points up to $3,000/month, then
0.33 points up to $6,000/month

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St.George

Amplify Rewards Platinum

Qantas Frequent Flyer

$99

60,000

0.5 points uncapped

Thumbnail icon for Bendigo Bank

Bendigo Bank

Low Rate Credit Card

0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)

11.99% p.a.

$45

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St.George

Vertigo

0% p.a. for 28 months and then 21.49% p.a.

13.99% p.a.

$55

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Westpac

Low Rate

0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)

13.74% p.a.

$59 $0 in the first year

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HSBC

Platinum Credit Card

0% p.a. for 36 months and then 21.99% p.a.

19.99% p.a.

$129 $29 in the first year

Rewards Plus

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Bankwest

Zero Mastercard

0% p.a. for 26 months and then 14.99% p.a. (2.00% balance transfer fee)

14.99% p.a.

$0

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St.George

Amplify Rewards Platinum

0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)

19.74% p.a.

$99

Rewards

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Bankwest

Zero Platinum Mastercard

0% p.a. for 26 months and then 14.99% p.a. (2.00% balance transfer fee)

14.99% p.a.

$0

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NAB

Low Rate Card

0% p.a. for 26 months and then 21.74% p.a. (2.00% balance transfer fee)

12.99% p.a.

$59 $0 in the first year

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Bendigo Bank

Low Rate Credit Card

11.99% p.a.

0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)

$45

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Citi

Simplicity Credit Card

0% p.a. for 6 months then 21.49% p.a.

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

$0

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Defence Bank

Foundation Credit Card

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

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St.George

Vertigo

13.99% p.a.

0% p.a. for 28 months and then 21.49% p.a.

$55

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Westpac

Low Rate

13.74% p.a.

0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)

$59 $0 in the first year

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Citi

Rewards Credit Card

21.49% p.a.

0% p.a. for 30 months and then 22.24% p.a.

$149 $49 in the first year

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ING

Orange One Low Rate Credit Card

11.99% p.a.

No current offer

$0

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ME

frank Credit Card

11.99% p.a.

No current offer

$0

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Bankwest

Breeze Mastercard

0% p.a. for 15 months then 9.90% p.a.

0% p.a. for 15 months and then 9.90% p.a.

$49 $0 in the first year

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Citi

Simplicity Credit Card

0% p.a. for 6 months then 21.49% p.a.

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

$0

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Defence Bank

Foundation Credit Card

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

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Bankwest

Breeze Platinum Mastercard

0% p.a. for 15 months then 9.90% p.a.

0% p.a. for 15 months and then 9.90% p.a.

$69 $0 in the first year

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St.George

No Annual Fee

0% p.a. for 12 months then 20.74% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$0

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NAB

StraightUp Card

0% p.a.

No current offer

$120 $10/month - waived if no spend & no balance owing

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BankSA

No Annual Fee

0% p.a. for 12 months then 20.74% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$0