Low Rate Credit Card card image

Bendigo Bank Low Rate Credit Card

Advertiser disclosure
Purchase rate
0% p.a. for 20 months then 11.99% p.a.
Balance transfer rate
0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)
Annual fees
Interest free days on purchases
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Mozo editorial review Bendigo Bank Low Rate Credit Card - last updated: 1 March 2022

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What's hot
  • Low $45 annual fee
  • 0% purchase rate for first 20 months (low 11.99% after)
  • 55 interest free days
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 a 0% intro rate for the first 20 months (for those who apply before 231 July 2022), a low 11.99% revert purchase rate, a very reasonable $45 fee, to up to 55 interest free days, this is a card that has your back.

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Key features

If you apply for Bendigo Bank's Low Rate Credit Card before July 31, 2022, you'll receive an introductory 0% purchase rate for the first 20 months. After that, the rate reverts to 11.99%, which is considerably lower than a number of credit cards that 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 0% p.a. on balance transfer offer for up to 20 months (purchase interest rate of 11.99% p.a. applies thereafter) for anyone looking to get a handle on their existing credit card debt. Be aware that there is a balance transfer fee of 2% of the balance transferred and a balance transfer limit of up to 80% of your approved credit limit.

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.


Rates and fees information correct as at 18 May 2022 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.

11.99% p.a.

0% p.a. for 20 months

0% p.a. for 20 months and then 11.99% p.a. (2.00% balance transfer fee)


13.99% p.a.








0.50%, Min $3.25










Payment options

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

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