Bendigo Bank Platinum Rewards Mastercard

19.99% p.a.

No current offer

$89

Bendigo Rewards

Bendigo Bank Platinum Rewards Mastercard

19.99% p.a.

No current offer

$89

Bendigo Rewards

Rewards program details

Rates and fees information correct as at 19 September 2018.

What your points get you

Fly Sydney to London

407,407 points

Fly Sydney to Melbourne

59,264 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 $34,571 (Mastercard)

Spend $271,605 (Mastercard)

Uncapped

36 months

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

  • calculate how many points you'd get each year,

  • figure out how many flights or gift cards or cashback credits you could get for those points,

  • work out what that's actually worth to you,

  • take off the annual fee you'd pay.

More details:

  • Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.

  • We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.

  • Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.

  • In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.

  • We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.

  • To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.

  • Shopping rewards are based on $100 gift cards from a major national department store.

  • We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Close

Rate and fee details

Rates
  • 19.99% p.a.

  • none

  • No current offer

  • none

  • 21.99% 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

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 customer rating
8.3/10
Price
7.4/10
Features
7.2/10
Customer service
8.5/10
Convenience
8.5/10
Trust
8.5/10

Latest reviews of Bendigo Bank Platinum Rewards Mastercard

  • Overall
    10/10
    Good banking experience

    Great bank but could be more competitive.

    Great bank but could be more competitive.

    Price
    5/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    Deborah | QLD

    27 Mar 2017

  • Overall
    10/10
    Points build fast, good rewards, long free credit

    Good points per sale, useful rewards, generous repayment period.

    Good points per sale, useful rewards, generous repayment period.

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

    Charles | VIC

    01 Aug 2016

  • Overall
    3/10
    Poor service and poor customer service

    There is always a reason why a problem cannot be resolved immediately.

    There is always a reason why a problem cannot be resolved immediately.

    Price
    1/10
    Features
    3/10
    Customer service
    3/10
    Convenience
    -1/10
    Trust
    7/10

    Paul | VIC

    09 Oct 2015

  • Overall
    10/10
    Best card

    Higher rate of reward points from others, quick refund if card used fraudulently by stolen details.

    Higher rate of reward points from others, quick refund if card used fraudulently by stolen details.

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

    Joseph | VIC

    01 Oct 2015

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.

See Bendigo Bank credit cards