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Offers Bendigo Bank Rewards Points and complimentary extras, with a $89 annual fee.

The Bendigo Bank Platinum Rewards credit card currently gives you a way to earn points per $1 spent. And if you’re interested in travel rewards, be aware that the Bendigo Bank Rewards program does not offer point transfers to frequent flyer programs (unlike many other credit card reward programs). But you can still redeem points for a variety of gift cards, cash back, charity donations or retail items available online.

The platinum perks you get with this card are focused on complimentary insurance covers. In particular, up to 90 days of overseas travel insurance per year for you and eligible family that travels with you when you use the card to pay for your return travel ticket/s. It also offers transit accident insurance, global car hire excess waiver cover, domestic interstate flight inconvenience insurance and a range of insurance covers for eligible purchases. While the $89 annual fee is competitive with other platinum credit cards, you should still make sure you'll get enough value from points and other perks to justify this cost.

Pros

1.5 reward points per $1 spent on purchases
Compatible with Apple Pay, Google Pay and Samsung Pay

Cons

Rewards cannot be exchanged for frequent flyer points
Does not currently offer bonus points upon sign-up

This platinum credit card offers 1.5 Bendigo Bank Rewards points per $1 spent, which you can redeem for gift cards, retail items, cash back and a range of other rewards. It also offers complimentary international travel insurance, purchase protection insurance and extended warranty covers.

Details

Product details

Product Name	Bendigo Bank Platinum Rewards Credit Card
Balance transfer rate p.a.	21.99%
Balance transfer limit	80% of available limit
Purchase rate p.a.	19.99%
Interest-free period	Up to 55 days on purchases
Cash advance rate p.a.	21.99%
Min credit limit	$3,000
Max credit limit	$50,000
Card type	Mastercard

Eligibility

Available to temporary residents	No
Minimum income	$35,000
Joint application	Yes

Rewards

Rewards program	Bendigo Rewards
Bonus points	N/A
Rewards points per $ spent	1.5

Fees

Annual fee	$89
Minimum monthly repayment	3% of the closing balance or $10, whichever is greater
Late payment fee	$15
Foreign currency conversion fee	3%
Cash advance fee	3% or $3, whichever is greater
Overseas cash advance fee	0.5% or $3.25, whichever is greater
Overseas ATM withdrawal fee	$5
Additional cardholder fee	$0

How to apply

If you've compared your options and want to apply for the Bendigo Bank Platinum Rewards Credit Card, you can fill in a secure online application form. Before you apply, make sure you meet the eligibility requirements and have all the relevant details and supporting documentation ready.

Eligibility criteria

Residency. Permanent Australian residents and Australian citizens are eligible to apply.
Age. You must be at least 18 years old to apply.

Required documents

Personal details. This includes your full name, date of birth, residential address, email address and relationship status. You also need to provide proof of your identity, such as your driver's license, passport or Medicare number.
Employment. This covers your salary, job title, time at your current job and your employer's contact details. You may also need to provide recent payslips, tax assessment notices or bank statements to verify these details.
Finances. This includes any other forms of income, such as government payments or pensions, as well as your savings and other assets. You also need to share details of your existing debts, credit cards, loans, other liabilities and ongoing household expenses.

Card benefits

Points on purchases. This credit card offers a competitive 1.5 points per $1 spent on purchases (uncapped). Note that there are some transactions that won't earn points, including cash advances, credit card fees and charges, foreign exchange purchases and bills paid through BPAY.
Interest-free days. The Bendigo Bank Platinum Rewards Credit Card offers up to 55 days interest-free on purchases. Bendigo Bank calculates interest from the statement date instead of the purchase date. This means you can enjoy an interest-free period on purchases even if you don't pay off your balance in full.

Complimentary overseas travel insurance. Pay for your return overseas tickets with your Bendigo Platinum and get international travel insurance for up to 90 days. This insurance also covers your eligible spouse and/or children who are travelling with you if their tickets were also bought on your card. This card also offers transit accident insurance, rental vehicle excess insurance and domestic flight inconvenience insurance when you use it to pay for eligible trips.
Purchase insurances. This card offers purchase protection insurance that covers eligible purchases against loss, theft or accidental damage for up to 90 days and extended warranty cover for eligible items bought in Australia. Terms and conditions apply for these insurances, so make sure you refer to the insurance policy available on the Bendigo Bank website for full details.
Card security. This card comes with 24/7 fraud monitoring and zero liability for unauthorised transactions.
Mobile payment technology. You can use your eligible smartphone or device to tap and pay when you link your account with Apple Pay, Google Pay, Samsung Pay. You can also use your fitness tracker to make contactless payments with Fitbit Pay and Garmin Pay.

Rates & fees

Purchase rate. This card charges a variable interest rate of 19.99% p.a. on purchases.
Annual fee. As this card charges a standard annual fee of $89 p.a., make sure you weigh up the potential value you'll get from rewards and perks to decide if it's worth it.

Additional cardholder. If you want to share your account with a family member, you can request an additional cardholder at no extra cost. Note that you will still be responsible for keeping the account in good standing.
Cash advance rate. If you use it to get cash out or for any other cash advance transactions, an interest rate of 21.99% p.a. will apply. You'll be charged a fee worth $3 or 3% of the transaction amount if you use this card for a cash advance. Cash advance transactions are also not eligible for interest-free days, so you'll be charged interest from the time the transaction is made.

Minimum credit limit. Credit limits on this platinum card start from $3,000. Note that the credit limit you're assigned is subject to lending criteria and approval.
International transaction fee. The Bendigo Bank Platinum Rewards Credit Card charges a fee of 3% for all transactions made in a foreign currency.

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Amy Finder

Editor

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Travice

November 02, 2023

I am trying to redeem my points accrued on my platinum credit card but cannot find a link in e banking to access my points balance. I have clicked on cards but there is no link there

Amy Bradney-George Finder

November 03, 2023

Hi Travice,

You can manage your Bendigo Bank Rewards account and review your points balance by visiting the website (rewards.bendigobank.com.au). If you have further questions about rewards, you can also contact Bendigo Bank by calling 1300 650 285. I hope this helps.

Steve

March 06, 2019

Hi,

With regard to Bendigo Bank Platinum Rewards Mastercard, can you confirm that I can convert points to Krisflyer miles? And if so, can you tell me what the conversion rate is to Krisflyer miles please?

Thank you.

Jeni Finder

March 08, 2019

Hi Steve,

Thank you for getting in touch with Finder.

Currently, you can not convert this Bendigo Bank Platinum Rewards Mastercard’s rewards points to Krisflyer miles. You may instead refer to our list of credit cards with Singapore Airlines KrisFlyer Miles.

I hope this helps.

Thank you and have a wonderful day!

Cheers,

Jeni

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Margaret

November 14, 2018

I am going to Vietnam and Cambodia in April, I am 72 yrs old, I have paid the whole trip with my credit card, will qualify for the Travel insurance ? Thank you.

John Basanes Finder

November 16, 2018

Hi Margaret,

Thank you for leaving a question.

Yes, you qualify for the complimentary travel insurance since you paid for your return overseas tickets with your Bendigo Platinum and get international travel insurance for up to 180 days. Hope this helps!

Cheers,

Reggie

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Kerron

July 04, 2018

Hi. I am travelling to Sri Lanka for 2 weeks in October and have charged my total trip including return airfare to my Bendigo Platinum Rewards Credit Card. Am I covered and do I get any evidence of insurance cover provided i.e. a Policy number or acknowledgement? Thanks

Nikki Angco

July 05, 2018

Hi Kerron,

Thanks for contacting finder.

The Bendigo Platinum Rewards credit card automatically gives you complimentary international travel insurance for up to 180 days within a 12 month period. There is no need for any travel insurance document or policy number.

You travel cover is effective for a trip that doesn’t exceed 90 days, from the day you leave your home to the day your trip ends. To be clear, you will no be eligible for cover if your trip goes beyond 90 days. This insurance also covers your eligible spouse and/or children who are travelling with you if their tickets were also bought on your card.

Hope this clarifies!

Cheers,

Nikki

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Keith

May 24, 2017

Does Bendigo bank have a credit card with either a Qantas or Virgin Frequent flyer rewards program?

Harold Jacob Finder

May 24, 2017

Hi Keith,

Thank you for your inquiry.

Unfortunately, none, but you can always check the list of credit card/s with Qantas Frequent Flyer rewards programs. Please check the page, use our comparison table to get an overview of what each card offers, and select the “Go to site” button to learn more.

I recommend that you check the details of the credit card you’re interested in, its eligibility criteria as well as the Product Disclosure Statements/Terms and Conditions before you apply.

Also if you can, contact first the issuing bank and discuss your options and chances of approval before you send anything final for your application. Just apply for one credit card at a time and ensure your eligibility before submitting your final application. This way you can avoid credit enquiries on your file.

I hope this information has helped.

Cheers,

Harold

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Bendigo Bank Platinum Rewards Credit Card

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