Platinum Rewards Credit Card card image

Bendigo Bank Platinum Rewards Credit Card

Advertiser disclosure
Purchase rate
19.99% p.a.
Balance transfer rate
No current offer
Annual fees
$89
Interest free days on purchases
55

Mozo editorial review Bendigo Bank Platinum Rewards Credit Card - last updated: 4 September 2023

binocular icon
What's hot
  • Low $89 annual fee
  • Earn 1.5 Bendigo Bank Rewards points per $1 spent
  • Up to 90 consecutive days international travel insurance
What's not
  • $15 late payment fee
Mozo snapshot

If you like the idea of free flights or cashback just for shopping, then look no further than the Bendigo Bank Platinum Rewards Credit Card. This card allows you to earn 1.5 Bendigo Bank Rewards points for every dollar spent as well as various other perks.

The card comes with a 19.99%% p.a. purchase interest rate, 55 interest free days and a low $89 annual fee.

key icon
Key features

The Bendigo Bank Premium Rewards Credit Card comes with a purchase interest rate of 19.99% p.a. but the credit card is worth it for the perks, including gift cards to complimentary travel insurance. The card also comes with up to 55 interest-free days and a reasonably low $89 annual fee.

When it comes to points, you’ll earn 1.5 points per dollar spent on Mastercard on eligible transactions. You can cash in points for rewards like flights, gift cards, retail products or even cashback. 

And since the Bendigo Bank Platinum Rewards Credit Card is a premium rewards card, there are some handy perks as well. Things like complimentary travel insurance, extended warranty, purchase protection, a concierge service and commission-free travel cheques are all up for grabs with this plastic.

However, if you’re keen to do some online shopping or take this card across borders, you’ll need to remember the 3.00% foreign exchange margin. It’s also best to keep this card away from ATMs, thanks to the high 21.99% cash advance rate.



snapshot
Who is it good for

The Bendigo Bank Platinum Rewards Credit Card is a great option for Aussie shoppers who love to take advantage of retail rewards or frequent travellers looking to cash in on travel perks.

question icon
Any catches

The Bendigo Bank Platinum Rewards Credit Card does come with a 3.00% foreign exchange margin. And while this is a standard rate for many cards, if you plan on spending big on your next getaway, you could be better of with a travel money option that doesn’t come with a foreign exchange margin.

And if you occasionally miss a repayment, it might be a good idea to set up a direct debit to avoid the $15 late payment fee.

Rewards program details

Rates and fees information correct as at 15 July 2024. 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.

What your points get you
Fly Sydney to London return

574,120 points

Fly Sydney to Melbourne one-way

48,152 points

$100 Giftcard

37,040 points

$100 Cash

-

Points earning

1.5 points per dollar on Mastercard, uncapped

Rewards scheme

Bendigo Rewards. Redeem your points for travel, gift cards, shopping gift cards, cashback and retail products.

Value of rewards points

Spend $24,693 (Mastercard)

Spend $36,052 (Mastercard)

Spend $395,093 (Mastercard)

Uncapped

36 months

How do we calculate these points?

Rate and fee details

Rates

19.99% p.a.

none

No current offer

yes

21.99% p.a.

55

Fees

$89.00

none

none

none

$15.00

Greater of $3.00 or 3% of the transaction amount.

3.00%

$5.00

$10.00

$0.00

Features

$10.00

3.0

yes

$5 fee for overseas ATM withdrawals

Payment options

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

Rewards privileges

Concierge,
Travel Insurance,
Commission-free Travellers Cheques,
Extended Warranty,
Purchase Protection

Customer Reviews

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

Overall
8.2/10
Price
7.2/10
Features
6.7/10
Customer service
8.3/10
Convenience
8.1/10
Trust
8.3/10
Based on 568 Bendigo Bank credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of Bendigo Bank Platinum Rewards Credit Card

About Bendigo Bank

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

Thumbnail icon for American Express
American Express

Qantas Ultimate Card

23.99% p.a.

No current offer

$450

Qantas Frequent Flyer

Thumbnail icon for American Express
American Express

Essential® Rewards Credit Card

23.99% p.a.

No current offer

$108

Membership Rewards

Thumbnail icon for American Express
American Express

Platinum Edge Credit Card

23.99% p.a.

No current offer

$195 $0 in the first year

Membership Rewards

Thumbnail icon for American Express
American Express

Explorer Credit Card

23.99% p.a.

No current offer

$395

Membership Rewards

Thumbnail icon for American Express
American Express

Velocity Platinum Card

23.99% p.a.

No current offer

$375

Velocity Frequent Flyer

Thumbnail icon for American Express
American Express

Qantas Discovery Card

23.99% p.a.

No current offer

$0

Qantas Frequent Flyer

Thumbnail icon for American Express
American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

Thumbnail icon for American Express
American Express

Qantas Ultimate Card

Qantas Frequent Flyer

$450

90,000

1.25 points up to 100,000 points/year, then
1 point uncapped

Thumbnail icon for G&C Mutual Bank
G&C Mutual Bank

Platinum Visa Credit Card

Qantas Frequent Flyer

$299

30,000

1 point up to 20,000 points/month

Thumbnail icon for NAB
NAB

Qantas Rewards Premium Card

Qantas Frequent Flyer

$250 $150 in the first year

70,000

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

Thumbnail icon for American Express
American Express

Qantas Premium Card

Qantas Frequent Flyer

$249

20,000

1 point uncapped

Thumbnail icon for NAB
NAB

Rewards Signature Card

NAB Rewards

$295 $145 in the first year

180,000

1.25 points uncapped

Thumbnail icon for American Express
American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

Thumbnail icon for American Express
American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

Thumbnail icon for NAB
NAB

Qantas Rewards Signature Card

Qantas Frequent Flyer

$395 $295 in the first year

120,000

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

Thumbnail icon for NAB
NAB

Low Rate Card

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

13.49% p.a.

$59 $0 in the first year

Thumbnail icon for Citi
Citi

Premier Credit Card

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

21.49% p.a.

$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year

Citi Rewards Program

Thumbnail icon for Bank of Queensland
Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months and then 21.74% p.a.

0% p.a. for 9 months then 20.74% p.a.

$60

Q Rewards

Thumbnail icon for Virgin Money
Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

0% p.a. for 24 months and then 20.99% p.a.

20.74% p.a.

$149 $0 in the first year

Velocity Frequent Flyer

Thumbnail icon for Bankwest
Bankwest

More Mastercard

0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)

19.99% p.a.

$100

Bankwest More Rewards

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

Thumbnail icon for American Express
American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

Thumbnail icon for HSBC
HSBC

Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

Thumbnail icon for Australian Unity
Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

Thumbnail icon for MOVE Bank
MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

Thumbnail icon for NAB
NAB

Low Rate Card

13.49% p.a.

0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)

$59 $0 in the first year

Thumbnail icon for American Express
American Express

Low Rate Credit Card

10.99% p.a.

No current offer

$0

Thumbnail icon for HSBC
HSBC

Low Rate Credit Card

12.99% p.a.

0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)

$99

Thumbnail icon for Australian Unity
Australian Unity

Low Rate Visa Credit Card

9.90% p.a.

No current offer

$59

Thumbnail icon for MOVE Bank
MOVE Bank

Low Rate Credit Card

8.99% p.a.

0% p.a. for 6 months and then 8.99% p.a.

$59 $0 in the first year

Thumbnail icon for Bank of Queensland
Bank of Queensland

Blue Visa Credit Card

0% p.a. for 9 months then 20.74% p.a.

0% p.a. for 9 months and then 21.74% p.a.

$60

Thumbnail icon for Westpac
Westpac

Flex Card

0% p.a.

No current offer

$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.

Thumbnail icon for NAB
NAB

StraightUp Card

n/a

No current offer

$240 $20/month - waived if no spend & no balance owing

Compare other credit cards