Bendigo Bank Low Rate First Mastercard

11.99% p.a.

No current offer

$29

n/a

Bendigo Bank Low Rate First Mastercard

11.99% p.a.

No current offer

$29

n/a

Mozo Review   Bendigo Bank Low Rate First Mastercard Review

Last updated: 18 January 2019.

What's hot:
  • Very low $29 annual fee

  • 55 interest free days

  • Low 11.99% purchase rate

What's not:
  • Card restricted to 18 - 25 year olds

Mozo snapshot:

If you’re a youngin’ looking for your first credit card, then the Bendigo Bank Low Rate First Mastercard is a great place to start. The card has an incredibly reasonable $29 annual fee, as well as great 11.99% purchase rate and up to 55 interest free days. The only drawback is that you need to be between 18-25 to be eligible.

Key features:

The Bendigo Bank Low Rate First Mastercard has a low purchase rate of 11.99%. This is good not just for credits cards, which can be up above 20%, but it’s pretty competitive amongst other low rate credit cards as well.

If you ever find yourself hopping over to an ATM for some cash out, then you won’t be too put out with only a 13.99% cash advance rate. Plus, there's a very low $29 annual fee, that won't break the bank.

Low annual fee, low purchase rate, good cash advance rate, must have 0 interest free days right? Nope. You still get to enjoy up to 55 interest free days. Furthermore, in a rather unique situation, Bendigo Bank starts charging interest from the statement date, instead of the purchase date, so you save on interest.

If you want to have two cards on the same account, with the Bendigo Bank Low Rate First Mastercard, you are able to have an additional cardholder for no extra costs.

Plus, this card will also give you access to the exclusive rewards that are a part of Mastercard Priceless Cities.

Who it's good for:

People 18-25. The card comes with a lot of the advantages of a low rate card, particularly in the form of it’s 11.99% purchase rate and $29 annual fee. So if you are a young person looking for a budget friendly credit card, then capitalising on this age specific card is a smart move.

Any catches?

The Bendigo Bank Low Rate First Mastercard has a lot of good aspects, but if you’re over 25 years old, you are out of luck, as the card is only available for those 18-25. Instead you might like to check out the Bendigo Bank Low Rate Mastercard.

Details

Rates and fees information correct as at 21 March 2019. 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

  • No current offer

  • none

  • 13.99% p.a.

  • 55

Fees
  • $29.00

  • none

  • none

  • none

  • $15.00

  • 0.50%, Min $3.25

  • 3.00%

  • $5.00

  • $10.00

  • $0.00

Features
  • $10.00

  • 3.0

  • yes

  • Card restricted to 18 to 25 year olds.

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 customer rating
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 First Mastercard

  • Overall
    8/10
    Very professional

    The staff are very courteous. Professional all the way.

    The staff are very courteous. Professional all the way.

    Price
    3/10
    Features
    6/10
    Customer service
    7/10
    Convenience
    6/10
    Trust
    8/10

    Slim | Victoria

    reviewed 3 months ago

  • Overall
    7/10
    Good

    Bendigo bank are good.

    Bendigo bank are good.

    Price
    5/10
    Features
    7/10
    Customer service
    8/10
    Convenience
    7/10
    Trust
    5/10

    Samara | Queensland

    reviewed 12 months ago

  • Overall
    10/10
    Bendigo Bank are helpful

    I can walk there.

    I can walk there.

    Price
    9/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Margaret | New South Wales

    reviewed about 1 year ago

  • Overall
    10/10
    I cannot rate Bendigo bank any higher than l have

    This bank supports the community and is the best customer service l have ever received from any...

    This bank supports the community and is the best customer service l have ever received from any bank in the past.

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Annette | Victoria

    reviewed about 1 year ago

Bendigo Bank

About Bendigo Bank

Bendigo Bank is a community focused bank that's all about customer satisfaction. Over the past 20 years, Bendigo Bank has given back $165 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.

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