Bendigo Bank Low Rate Mastercard

11.99% p.a.

0% p.a. for 18 months and then 11.99% p.a. (2.00% balance transfer fee)

$45

n/a

Bendigo Bank Low Rate Mastercard

11.99% p.a.

0% p.a. for 18 months and then 11.99% p.a. (2.00% balance transfer fee)

$45

n/a

Mozo Review   Bendigo Bank Low Rate Mastercard Review

Last updated: 2 July 2019.

What's hot:
  • Low 11.99% purchase rate

  • Low $45 annual fee

  • 0% balance transfer for 18 months (2% BT fee)

What's not:
  • $15 late payment fee

Mozo snapshot:

The Bendigo Bank Low Rate Mastercard 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.

Key features:

It’s common to find credit cards with a purchase rate of 19% or over, so the Bendigo Bank Low Rate Mastercard offers a great low rate at only 11.99%. 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.

And with a low 13.99% cash advance rate you won’t break the bank if you get get stuck running to the ATM outside your favourite cash only Thai place. And, if you're trying to pay down existing debt, this card comes with a balance transfer offer that allows you 18 months interest free on transferred balances to help you get your balance under control (2% BT fee applies.)

Who it's good for:

The Bendigo Bank Low Rate Mastercard 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.

Any catches?

All around the Low Rate Mastercard 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 22 August 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

  • 0% p.a. for 18 months and then 11.99% p.a. (2.00% balance transfer fee)

  • none

  • 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 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 Mastercard

  • Overall
    9/10
    Customer Service is superb, low premiums

    I like the support, time and effort that the staff provide, supplying information and answering...

    I like the support, time and effort that the staff provide, supplying information and answering questions in a friendly and pleasant manner. I found that the Bank may have over-reacted to the possibility of fraud. They sometimes queried small payments of $1 or $2, and closed the account until I had responded. On the other hand they did not want me to be caught out with scams, and helped out with thorough investigation and repayment when fraud was involved. This intense support was never judge-mental or patronising. Instead it was very encouraging.

    Price
    8/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    6/10
    Trust
    9/10

    Max | Victoria

    reviewed 7 months ago

  • Overall
    9/10
    Good

    Bendigo Bank is open on Saturdays.

    Bendigo Bank is open on Saturdays.

    Price
    10/10
    Features
    6/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Darren | Victoria

    reviewed over 1 year ago

  • Overall
    9/10
    Great

    Just simply the best...

    Just simply the best...

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

    Montgomery | Queensland

    reviewed over 1 year ago

  • Overall
    10/10
    Bendigo is the best bank I have been with.

    Bendigo is the best bank I have been with

    Bendigo is the best bank I have been with

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

    Aaron | Western Australia

    reviewed almost 3 years ago

  • Overall
    7/10
    ME Bank, my second provider has lower rates

    I think Bendigo Bank's rates could be better considering what home loans are at the moment

    I think Bendigo Bank's rates could be better considering what home loans are at the moment

    Price
    8/10
    Features
    8/10
    Customer service
    6/10
    Convenience
    6/10
    Trust
    5/10

    Elizabeth | Victoria

    reviewed about 3 years 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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