- Earn 1.5 Bendigo Bank Rewards points for every dollar spent
- Up to 90 days international travel insurance in any 12 month period
- Extended warranty on purchases when using your credit card
- 90-day purchase protection on stolen or accidentally damaged purchases charged to your credit card
- 24/7 fraud monitoring and no liability for unauthorised transactions
- Complimentary International and Domestic Travel Insurance (including COVID-19 coverage effective 30 June 2022, T&Cs apply)
- Interest is calculated from the statement date, not from when you made the purchase
- Up to 55 days interest-free on purchases
- No fees for additional cardholders
- Eligible with Google Pay, Apple Pay, Samsung Pay, Fitbit Pay and Garmin Pay
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Bendigo Bank Credit Cards
Bendigo Platinum Rewards Credit Card
Updated 19 September 2024
Earn 1.5 Bendigo Bank Rewards points for every dollar spent as you shop and redeem those points to purchase a wide variety of goods and services online. Plus, enjoy up to 90 days of international travel insurance in any 12-month period, 90-day purchase protection, and $0 fees for additional cardholders.
T&Cs apply.
Points Earn Rate (per $1 spent)
1.5 points
RewardsRewards Program
Bendigo Bank Rewards
Bonus Points
N/A
Pros and cons
- Reverts to 19.99% p.a. standard purchase interest rate
- No bonus points offer
Creditcard.com.au review
Editor Review
Bendigo Platinum Rewards Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
The Bendigo Platinum Rewards Credit Card
Offering a straightforward rewards program and a nice selection of complimentary insurance covers, the Bendigo Platinum Rewards Credit Card could be a great choice if you’re looking for a basic platinum credit card.
While it may not blow you away with extraordinary features, the Bendigo Platinum Rewards Credit Card keeps costs low with an affordable annual fee while providing you with a decent earn rate plus, access to Bendigo’s own Rewards program.
What we love...
The great thing about Bendigo Platinum Rewards Credit Card is its simplicity. Unlike some other platinum rewards cards that have convoluted features and complex rewards earning structures, it’s pretty easy to know where you stand with this card.
When it comes to earning rewards, the earn rate structure is simple. For every $1 you spend on eligible purchases, you will earn 1.5 Bendigo Rewards points. When you rack up enough points, you log in online to the Bendigo Rewards site and choose the rewards you want. From travel rewards to merchandise and gift cards, being rewarded is easy in this rewards program.
As for platinum perks, on this card, that means insurance coverage. As a cardholder, you can benefit from up to 90 consecutive days of comprehensive travel insurance, as well as an extended warranty on purchases, a best price guarantee, and 90 days of Purchase Protection on lost, stolen, or damaged purchases.
It is worth pointing out that before relying on any credit card insurance cover, you should always read the PDS to ensure it offers everything you need.
What’s not so great...
One important factor to be aware of with the Bendigo Platinum Rewards Credit Card is its interest rate. To be fair, there aren’t many platinum credit cards on the market with low rates of interest. Unless they are specifically marketed as low rate platinum cards, they generally fall on the higher end of the scale for interest on purchases and cash advances.
Currently, Bendigo Platinum Rewards Credit Card does not provide any bonus points offer therefore, you will not receive any fantastic incentive if you apply now. Nevertheless, the existing features are attractive enough for you to enjoy a rewarding facility.
Why should you choose this card?
While it may not be packed with features, the Bendigo Platinum Rewards Credit Card has plenty to offer anyone who wants a simple platinum credit card with a decent rewards program. It keeps costs low with an affordable annual fee and has no fees for additional cardholders. This provides an easy way to earn extra points without any extra outlay.
Cardholders can also enjoy a relatively low minimum credit limit of $3,000, the convenience of contactless payments with Mastercard PayPass, and worldwide acceptance through Mastercard’s extensive payment network.
Overall Rating
An easy-to-understand platinum rewards card, , a decent earn rate on the Bendigo Rewards program, and a great selection of complimentary insurance covers.
User reviews
Rates and fees
Interest rates
Purchase rate 19.99% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 55 days
Balance transfer
Balance transfer rate 21.99% p.a.
Balance transfer revert rate 21.99% p.a.
Balance transfer from personal loan N/A
Balance transfer fee 0% one off
Balance transfer limit 80% of approved credit limit
Brands you can't balance transfer from Bendigo Bank
Credit limits
Minimum credit limit $3,000
Maximum credit limit N/A
Fees & repayments
Annual fee $89 p.a.
Additional cardholder fee $0 p.a.
Foreign transaction fee 3%
Minimum repayment $10 or 3%, whichever is greater
Cash advance fee $3.00 or 3% of the transaction amount, whichever is greater
Late payment fee $15
Rewards and points
Rewards program
Rewards Program
Bendigo Bank Rewards
Bonus points N/A
Annual points cap uncapped
Bonus points spend criteria N/A
Earning points with this card
Rewards Rewards points 1.5 points per $1 spent
Points cap per month N/A
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes
Flight Inconvenience Insurance Yes
Transit Accident Insurance Yes
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz Global Assistance
Eligible with Google Pay, Apple Pay, Samsung Pay, Fitbit Pay and Garmin Pay
Best Price Guarantee Cover
Overview
Bendigo Platinum Rewards Credit Card
Key features
- Earn 1.5 reward points for every $1 spent on purchases
- $89 annual fee
- Up to 55 days interest-free on purchases
- 90-day purchase protection on stolen or accidentally damaged purchases charged to your credit card
- Extended warranty on purchases when using your credit card
- Redeem reward points online for a huge range of goods and services
- Up to 90 days international travel insurance in any 12-month period
- Additional cardholders at no extra cost
- Eligible with Google Pay, Apple Pay, Samsung Pay, Fitbit Pay and Garmin Pay
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
You must be an Australian citizen or have applied for permanent residency with visa subclasses 188, 489, 491, 494 and 482 (short term stream not included), and with minimum 12 months remaining.
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Recently Asked Questions
Something you need to know about this card? Ask our credit card expert a question.
Ask a question27 questions (showing the latest 10 Q&As)
Hi there, I would l access the international travel insurance. May I have a copy of the policy emailed to me please?
Thanks,
Manja
Hi Manja, you’ve landed on CreditCard.com.au, Australia’s largest credit card review and comparison site, not Bendigo Bank sorry. You can call Bendigo directly at 1300 236 344 to discuss any issues with your policy. Thanks!
I am applying for a credit card. What is the best rewards card for flight points and other rewards? I'm not sure if the Platinum rewards card offers flight points. Thanks
Hey Lyam, Bendigo Rewards points can’t be converted to frequent flyer points, so it might be a good idea to look at cards that either earn points to Qantas, Velocity, or programs that can transfer to one of those frequent flyer programs. For instance, NAB points can be converted to Velocity, Cathay Pacific and Kris Flyer. You can see our guide to Travel Rewards Points to help you find a bank that will convert to the frequent flyer program you want. Thanks Lyam!
I have a number of reward points with Bendigo Babk Platinum Rewars Credit Card. How do I use the reward points?
Hi James, you actually have multiple options to redeem your Bendigo Rewards Points, including flight and hotel travel vouchers, gift/e-gift cards, home appliances, and even cash back. To redeem your points, you can visit their official redemption page or simply give Bendigo a call at 1300 650 285 for assistance. Happy redeeming!
Hi Pauline,
Which of the credit cards mentioned in this article would be the best fit regarding their international travel insurance of us:
1) Does it cover for Covid-19 problems?
2) Does it cover cruising in cruise ships?
3) We paid for our cruise already, but if we use the credit card to pay for tours. Will the insurance cover our entire holiday?
4) Does it cover holiday cancellation costs?
5) Please email me back a copy of the relevant PDF on the policy.
6) Which cards have the cheapest annual fees that match our requirements?
Thank you very much,
Ron
Hi Ron! Sounds like you’re getting ready for an amazing trip! Many credit card travel insurances now cover Covid in some capacity. However, the cover varies between policies, so you’ll (unfortunately!) have to read through the terms to make sure it suits your trip. For instance, this Bendigo Platinum Rewards card covers you and your eligible companions if you’re diagnosed positive with Covid for Overseas Emergency Assistance, Emergency Medical, Evacuation and Repatriation, Cancellation and Additional Expenses. But, the cover is more limited if it’s one of your travel companions who is ill.
Cruise cover is usually an optional extra, and Bendigo’s PDS is very ambigious about whether it’s covered. I contacted Bendigo and without knowing where you’re traveling and other details, they can’t give an answer either! The PDS says you need to spend at least $500 on your card for the insurance to activate for your trip, which includes itinerary items - but again, since it’s not clear that cruises are fully covered, I’d advise double-checking with Bendigo. They said to contact them on 1300 889 828.
To dig around for the best insurance, you could start with comparing credit cards that have travel insurance and using the toggles to sort by annual fee. Then, look at the reviews and check that it has Covid cover (we also have a summary guide here). Lastly, it would be best to get on the phone with credit providers to ask your specific questions, since insurance is extremely important and you don’t want to miss anything important. I hope that’s helped you get started Ron! Enjoy your trip :)
Is complimentary travel insurance provided with MasterCard subject to age limitations
i Chris, yes according to the official insurance terms and conditions PDF. You’ll need to be under the age of 76 years at the time you become eligible for the cover available.
I want to change my credit card to another one that will include travel insurance.
Please provide detailed information on your bank's credit card with this option.
Hi Ryszard, thanks for your question. You’ve landed on CreditCard.com.au - Australia’s leading credit card site and clarifying we’re not actually Bendigo Bank. We’re not insurance experts but as with most insurance policies there are limits, exclusions and T&Cs attached to it. You can read the detailed information in Bendigo’s PDF file. If the extras are what you need, then the Go to Offer button will take you to apply directly. Safe travels!
Hi, I saw an offer about spending $3000 in first 1 or 3 months and get extra points, but i cannot find that offer to see if I am eligible as i spent that amount in my first month?
Hi Rebecca, from memory the offer changed on 5th of August. It was a spend requirement over I believe 2 months. It was 50,000 bonus points. Reach out to Bendigo Bank credit card customer service. https://www.bendigobank.com.au/contact-us/. If you spent the amount within the month. Then you should be eligible for the bonus points. They can take up to 12 weeks to be credited to your account. Though you can reach out to Bendigo to confirm.
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5 December 2017While the interest rate is high, this does not bother us as we pay off the account each month, plus the annual fee is only $59 for share holders of Bendigo Bank. When our credit card account was hacked and used fraudulently Bendigo Bank were quick to put a stop on the card, issue a new card and had the money returned with in 30 days. Great service there. We like the rewards program and can report there is no 5000 point per month limit.
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