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Bendigo Bank Rewards

Got a Bendigo Bank credit card that earns rewards points? Here's how to redeem them – and how much value you can get.

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The Bendigo Bank Rewards program lets you earn and redeem points on your everyday spending with a Bendigo Bank Platinum Rewards Credit Card. You can also check your reward point balance in real-time, search rewards and then redeem them online. Reward options include a wide range of merchandise, gift vouchers, cashback and charitable donations. The program’s Points Plus Pay option also allows you to make up for any points shortfall with cash.

Find out which other Bendigo Bank credit cards offer rewards

How to earn Bendigo Bank Rewards points

You get complimentary membership to this rewards program when you sign up for the Bendigo Bank Platinum Rewards Credit Card. You'll then earn points for spending on your credit card account, which can later be redeemed for a variety of rewards.

Credit cardEarn rateAnnual points capPoints expiry
Bendigo Bank Platinum Rewards Credit Card1.5 points for every $1 spentNo cap3 years

What rewards can you get with your points?

  • Travel. You may redeem your points for travel accessories, including luggage, backpacks, travel adaptors and travel pillows.
  • Gift cards. Using points only, you may redeem gift cards for shopping at Big W, Bunnings, Coles, Dymocks, Flight Centre, iTunes and more.
  • Homeware. The homeware category offers items from grill pans and coffee machines to candles and duvets.
  • Technology. Technology gadgets include a host of products such as headphones, chargers, cameras and phones.
  • Health and lifestyle. Shopping under the "Be Active" and "Be Pampered" categories on the program website gives you access to health and lifestyle products from massagers to perfumes, dress watches to electric shavers.
  • Charity donations. If you're feeling charitable, you may also give your points away to select charities including the RSPCA, Australian Red Cross and UNICEF.
  • Cashback. To get cashback on your Bendigo Bank account, you need to log in and click on the "Cash Back" link under your Points Balance. You'll then see the cashback choices available to you.

How much are Bendigo Bank points worth?

To work out the value of your Bendigo Bank rewards points, you can use Finder's helpful points calculator.

However, as a guide, here are some examples of what your points might be worth:

Points neededRewardReward value in dollarsValue per 1,000 points
18,520$50 Bunnings gift card$50$2.70
38,325$100 Westfield gift card$100$2.60
43,725Breville the Power Toastie in Grey$109.95 RRP$2.51
467,040Samsung Galaxy Tab S7 11" 4G 128GB (Mystic Silver)$1,149 RRP$2.46

How to redeem Bendigo Bank Rewards points

To redeem your Bendigo Bank Rewards points, first head to the Bendigo Bank rewards website. You will see a list of participating outlets through which you can purchase gift cards or goods. To redeem your selection, simply log into your account.

How to decide if the Bendigo Bank Rewards program is worth it for you

If you're thinking of getting a Bendigo Bank Rewards credit card, it's important to compare your options first. This will help you to apply for the card that best suits your needs and financial situation. When narrowing down your options, you can consider the following factors:

  • Earn rate. The earn rate for a card determines how quickly you’ll be making those rewards redemptions. In this case, the Bendigo Bank Platinum Rewards Credit Card has an earn rate of 1.5 points per $1 spent, which is competitive to other cards on the market. If you spend money overseas a lot, other rewards programs give you additional points for international spending.
  • Points cap. If you use your credit card a lot, it might be handy that there is no cap on the number of points you can earn in a year.
  • Fees and interest rates. The Bendigo Bank Platinum Rewards has an annual fee of $89. You should compare this against the potential value of the rewards.
  • Interest-free days. The Bendigo Platinum Rewards credit card offers up to 55 interest-free days on purchases. This feature is available from the start of each statement period and allows you to save money on interest charges for your purchases. Because Bendigo Bank calculates interest from the statement date (instead of the date the purchase is made), you can get interest-free days even if you carry a balance. In comparison, most other credit card providers only offer interest-free days if you pay your balance in full by the statement due date.
  • Complimentary extras. Extra features and perks can help offset the cost of the card you choose. In this case, the Bendigo Bank Platinum Rewards Credit Card offers complimentary extras including international travel insurance and purchase insurance.
  • Use of the card. Make sure you're not making additional purchases that you can't afford to repay just to build the points. The points you earn will not outweigh the amount of interest you may end up paying if you fail to meet repayments.

Compare Bendigo Bank credit cards

Name Product Purchase rate p.a. Interest-free period Balance transfer rate p.a. Annual fee

Bendigo Bank Low Rate Credit Card

Bendigo Bank Low Rate Credit Card
0% for 20 months, reverts to 11.99%
Up to 55 days on purchases
0% for 20 months with 2% balance transfer fee
$45
Save money on interest for up to 20 months with 0% p.a. on purchases and balance transfers (11.99% p.a. after). Plus, a $45 annual fee.

Bendigo Bank Platinum Rewards Credit Card

Bendigo Bank Platinum Rewards Credit Card
0% for 20 months, reverts to 19.99%
Up to 55 days on purchases
21.99%
$89
Offers 0% p.a. for up to 20 months on purchases, complimentary travel and purchase insurance options for an annual fee of $89.

Bendigo Bank Qantas Platinum Credit Card

Bendigo Bank Qantas Platinum Credit Card
19.99%
Up to 55 days on purchases
19.99%
$149
Offers Qantas Points per $1 spent, plus 180 days of comprehensive travel insurance and extended warranty on purchases.

Bendigo Bank Qantas Business Credit Card

Bendigo Bank Qantas Business Credit Card
19.99%
Up to 55 days on purchases
$89
Earn 25,000 bonus Qantas Points and get access to domestic travel insurance and extended warranty on purchases.

Bendigo Bank Business Credit Card

Bendigo Bank Business Credit Card
13.99%
Up to 44 days on purchases
$48
A business card with flexible liability arrangements, competitive rates and gives you the ability to personalise your card.
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Compare up to 4 providers

1 - 15 of 38
Name Product Bonus points Rewards program Rewards points per $ spent Purchase rate p.a. Annual fee
Citi Premier Qantas Card
80,000
Qantas Frequent Flyer
0.5
0% for 6 months, reverts to 21.49%
$175 for the first year ($350 thereafter)
Get 80,000 bonus Qantas Points when you spend $4,000 in the first 90 days and a 0% purchase rate offer. Plus, a first-year annual fee discount.
St.George Amplify Platinum
100,000
Amplify Rewards
1
19.49%
$29 for the first year ($99 thereafter)
Earn 100,000 bonus Amplify Points (worth $450 in gift cards) when you spend $3,000 in the first 90 days. Plus, a first-year annual fee discount and Kayo cashback offer.
Citi Rewards Card - Velocity Points Offer
60,000
Velocity / Citi
1
21.49%
$0 for the first year ($149 thereafter)
Earn 60,000 bonus Velocity Points when you spend $3,000 in the first 90 days. Plus, $0 first-year annual fee.
Qantas American Express Ultimate Card
100,000
Qantas Frequent Flyer
1.25
20.74%
$450
Up to 100,000 bonus Qantas Points (75k when you spend $3,000 in the first 3 months and 25k in year 2). Plus, a yearly $450 Travel Credit.
Westpac Altitude Platinum Card
110,000
Westpac Altitude Rewards
1
19.99%
$49 for the first year ($150 thereafter)
Get 110,000 bonus Altitude Points (worth $350 cashback) when you spend $3,000 in the first 90 days. Plus, a $49 first-year annual fee discount.
Qantas Premier Platinum
80,000
Qantas Frequent Flyer
1
19.99%
$225 for the first year ($299 thereafter)
Earn 80,000 bonus Qantas Points when you spend $3,000 in the first 3 months and save with a reduced first-year annual fee.
American Express Qantas Business Rewards Card
180,000
Qantas Business Rewards
1.25
0%
$450
ABN holders w/ $75,000 revenue. Get up to 180,000 bonus Qantas Points when you spend $3,000 in the first 2 months. Plus, a $450 Qantas Flight Voucher.
American Express Velocity Platinum Card
100,000
Velocity Frequent Flyer
1.25
20.74%
$375
Earn 100,000 bonus Velocity Points when you spend $3,000 in the first 3 months. Plus, a complimentary return domestic flight per year.
Citi Premier Card - Cashback Offer
N/A
Citi Rewards Program
1
21.49%
$150 for the first year ($300 thereafter)
Receive $600 cashback when you spend $2,000 through Apple Pay or Samsung Pay in the first 90 days. Plus, save with a $150 first-year annual fee discount.
American Express Business Explorer Credit Card
100,000
Membership Rewards Gateway
2
3.99% for 6 months, reverts to 19.99%
$149
ABN holders w/ $75,000 revenue. Get 100,000 bonus points when you spend $3,000 in the first 3 months.
American Express Platinum Card
200,000
Membership Rewards Ascent Premium
2.25
0%
$1,450
Up to 200,000 bonus points (150k when you spend $5,000 in the first 3 months and 50k in year 2). Plus, a $450 Travel Credit each year.
Qantas American Express Discovery Card
N/A
Qantas Frequent Flyer
0.75
20.74%
$0
Earn uncapped Qantas Points for every $1 dollar spent, plus an ongoing $0 annual fee.
ANZ Rewards Black Credit Card
80,000
ANZ Rewards Program
2
20.24%
$0 for the first year ($375 thereafter)
Now eligible for Cashrewards Max. Enjoy 80,000 bonus Reward Points (worth $350 in eGift cards) when you spend $2,000 in the first 3 months. Plus, $0 first-year annual fee.
ANZ Rewards Platinum
50,000
ANZ Rewards Program
1.5
20.24%
$0 for the first year ($95 thereafter)
Now offering Cashrewards Max. Get 50,000 bonus Reward Points (worth $220 in eGift cards) when you spend $1,500 on eligible purchases in the first 3 months. Plus, $0 first-year annual fee.
Qantas American Express Premium Card
30,000
Qantas Frequent Flyer
1
20.74%
$249
Enjoy 30,000 bonus Qantas Points, 2 complimentary Qantas Club lounge invitations per year and the protection of complimentary insurance covers.
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Compare up to 4 providers

How to apply for a Bendigo Bank Rewards credit card

smiling couple with laptop

  1. Compare your options. Research all the different credit cards on the market and read our finder.com.au card reviews before deciding which card to apply for.
  2. Read the fine print. Read the card’s product disclosure statement and small print, and get acquainted with all the terms and conditions of your chosen card. Make sure that you also meet all of the card’s listed eligibility criteria.
  3. Apply online. When you’re ready, head over to the Bendigo card page of your choice and click “Apply now”.
  4. Fill out the online form. The form asks for your requested credit limit at the outset, followed by your financial details, then your regular personal details. Have the relevant information ready pertaining to employment, earnings and expenses, assets and liabilities to speed up the process. You will finally be asked to submit documentation for identity verification purposes and to authorise the customary credit check.
  5. Submit the application. Once you’ve submitted your card application, you will receive confirmation about whether you have been conditionally approved, and further instructions about what to do to advance your application.

Depending on your spending habits, lifestyle and rewards earning preferences, the Bendigo Bank Rewards program may be a suitable fit for you. Remember though to compare your options and to weigh up any potential costs against the benefits before choosing a card.

Pictures: Shutterstock

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