Low Rate Platinum Credit Card card image

Bendigo Bank Low Rate Platinum Credit Card

Advertiser disclosure
Purchase rate
11.99% p.a.
Balance transfer rate
0% p.a. for 6 months and then 11.99% p.a.
Annual fees
$89
Interest free days on purchases
55

Mozo editorial review Bendigo Bank Low Rate Platinum Credit Card

Last updated: 23 October 2020.

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What's hot
  • 11.99% purchase rate
  • Complimentary mobile and tablet insurance
  • Double 2020 Mozo Experts Choice Award winner
What's not
  • $15 late payment fee
Mozo snapshot

Bendigo Bank’s Low Rate Platinum Credit Card is a low rate card with all the perks of a platinum product. If you’re after a credit card that not only offers attractive rates but also makes the protection of your purchases a priority, this piece of plastic is absolutely worth considering. It also won two 2020 Mozo Experts Choice Award in the best Low Rate Platinum Credit Card and best Balance Transfer Platinum Credit Card categories. 

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Key features

This credit card seriously delivers when it comes to rates. First of all, the purchase rate sits at 11.99% and you’ll also get 55 days interest free if you’re paying off your entire balance on time each month.

Another feature of this card is the low 13.99% cash advance rate, which means, if you absolutely need to turn this credit into cash, you won’t be hit with the 20%+ rate that some other cards charge. And if you find yourself needing to pay off a small debt from a previous credit card, this one comes with a 0% balance transfer offer for 6 months.

All credit cards come with a few fees, but Bendigo has made them manageable with its Low Rate Platinum Credit Card. There's an $89 annual fee and if you’re tardy with your repayments you’ll also be hit with a $15 late payment fee. With this card, you’ll pay a 0.50% or $3.25 cash advance fee (whichever is higher) and you’ll also be charged a 3.00% foreign exchange margin to use piece of plastic during your overseas adventures.

Rates and fees aside, this credit card packs a punch with its additional benefits. You’ll get 90 days worth of purchase protection for your precious new toys and if your newly-purchased mobile phone occupies a special place in your heart, you can rest easy knowing that Bendigo are willing to insure both your smartphone and tablet up to the value of $1200.

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Who is it good for

If you’re in the market for a low rate credit card that will benefit you beyond the point of purchase, the Bendigo Bank Low Rate Platinum Credit Card could be the perfect option for you.

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Any catches

Just keep in mind there is a late payment fee of $15 and after your first year of owning the card, you’ll have to splash out the $89 annual fee to keep your paws on this piece of plastic.

Details

Rates and fees information correct as at 9 March 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 6 months and then 11.99% p.a.

  • no

  • 13.99% p.a.

  • 55

Fees
  • $89.00

  • 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

Rewards privileges

Extended Warranty,
Purchase Protection

Other benefits

Mobile phone and tablet insurance protection if you lose your device or break the screen.

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

$45

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Bendigo Bank

Low Rate Credit Card

11.99% p.a.

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

$45

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Bankwest

Zero Mastercard

17.99% p.a.

2.99% p.a. for 9 months and then 17.99% p.a.

$0

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Westpac

Low Rate

13.74% p.a.

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

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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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Bankwest

Breeze Mastercard

10.99% p.a.

0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)

$49 $0 in the first year

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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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NAB

Qantas Rewards Signature Card

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$395 $295 in the first year

Qantas Frequent Flyer

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American Express

Qantas Discovery Card

20.74% p.a.

No current offer

$0

Qantas Frequent Flyer

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American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

100,000

1.25 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 Signature

Amplify Rewards

$279

200,000

1.5 points 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 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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American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

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St.George

Amplify Platinum

Qantas Frequent Flyer

$99

60,000

0.5 points uncapped

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Bankwest

Qantas Platinum Mastercard

Qantas Frequent Flyer

$160

30,000

0.75 points up to $2,500/month, then
0.3 points uncapped

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Bendigo Bank

Low Rate Credit Card

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

11.99% p.a.

$45

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Bankwest

Breeze Mastercard

0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)

10.99% p.a.

$49 $0 in the first year

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Westpac

Low Rate

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

13.74% p.a.

$59

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St.George

Amplify Platinum

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

19.74% p.a.

$99

Amplify Rewards

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Citi

Rewards Credit Card

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

21.49% p.a.

$149 $49 in the first year

Citi Rewards Program

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NAB

Low Rate Card

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

12.99% p.a.

$59

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Bank of Melbourne

Amplify Platinum

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

19.74% p.a.

$99

Qantas Frequent Flyer

Thumbnail icon for St.George

St.George

Amplify Signature

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

19.74% p.a.

$279

Amplify Rewards

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Bendigo Bank

Low Rate Credit Card

11.99% p.a.

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

$45

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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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ME

frank Credit Card

11.99% p.a.

No current offer

$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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Westpac

Low Rate

13.74% p.a.

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

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NAB

Low Rate Card

12.99% p.a.

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

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Bank of Melbourne

Vertigo

13.99% p.a.

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

$55

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Bankwest

Breeze Mastercard

10.99% p.a.

0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)

$49 $0 in the first year

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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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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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NAB

StraightUp Card

0% p.a.

No current offer

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

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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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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

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Bankwest

Breeze Platinum Mastercard

10.99% p.a.

0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)

$69 $0 in the first year