Bendigo Platinum Visa Card

Information verified correct on December 9th, 2016

If you are looking for a credit card that gives rewards and free credit for up to 55 days following a purchase, then the Bendigo Platinum Visa could be the card you are looking for.

Bendigo Bank also offers extremely competitive interest rates, calculated from the time the purchase shows up on the statement, not when the transaction first occurred. This way you get to enjoy up to 55 days before you have to worry about paying interest. You will even be automatically enrolled into Bendigo Bank's very generous rewards program. All of these features could make the Bendigo Platinum Visa an ideal card for busy people looking for high credit to service your day to day living expenses.

Product NameBendigo Bank Platinum Credit Card
Rewards ProgramBendigo Bank Reward
Purchase rate (p.a.)18.99% p.a.
Annual fee$119 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 55 days on purchases
Cash advance rate (p.a.)18.99% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$6,000
Max credit limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$50,000
Minimum Monthly Repayment$10 or 3% whichever is greater
Card TypeVisa
Late Payment Fee$15
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
2% of transaction value
Complimentary Travel InsuranceYes
Complimentary Travel Insurance Cover3 months
Available To Temporary ResidentsNo
Joint ApplicationYes
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$6,000
Max Credit Limit
This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account.
$50,000
Annual Fee$119 p.a.
Minimum Repayment$10 or 3% whichever is greater
Late Payment Fee$15
Over Limit Fee$0
Cash Advance Fee0.50% min. $3.25
Overseas Cash Advance Fee$3.25 or 0.5% of the transaction amount
Overseas ATM Balance check$1.50
Overseas ATM Withdrawal Fee$5
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
2% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$0 p.a.
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes
Rewards ProgramBendigo Bank Reward
Rewards Points per $ (VISA/MC)1.5
Rewards Points per $ (AMEX)0
Rewards Points per $ (VISA/MC) CapUncapped
Rewards Points per $ (AMEX) CapN/A
Points ExpiryNever

Bendigo Platinum Visa Card Review

A balance transfer takes place when you are changing to a Bendigo Bank credit card from another card independent from the Bendigo Bank and its partnered financial institutions, as long as the amount being transferred is within your credit limit.

Whatever you need a credit card for, you will find Bendigo Platinum Visa will fit the bill, as it is a flexible credit card that is designed for utmost benefit to those who use a high credit limit on regular occasions. If you work it right and you are in the position to have your purchase paid in full within 55 days you can even avoid making any interest payments.

Benefits of Bendigo Bank Platinum Visa Card

  • Rates and Fees

    • Interest free for up to 55 days.
    • 18.99% p.a. purchase interest rate.
    • Interest is debited monthly.
    • Minimum Payments of three percent per month or $10 a month whichever is the greater.
    • The Bendigo Platinum Visa attracts an annual account-keeping fee of $119 p.a. but there is no fee charged for taking part in the Rewards Program. Credit limits start at $6,000.
  • Bendigo Bank Rewards

    • You will be able to fly anywhere within Australia or overseas at any time using your Flight Points. Easter and Christmas included and you will have your choice of airline. Accommodation, car hire, tours etc. can all be paid with your Reward Points. Every dollar of your credit card spending arranged through your Flight Points will earn you three bonus points.
    • You will be able to redeem Reward Points on a large range of Rewards.
    • The ability to earn up to five bonus points for every dollar you spend with a Bendigo Bank bonus partner.
    • One reward point is earned for every dollar on the balance of a transfer.
    • One and a half reward points earned for every dollar spent on a regular purchase.
  • 55 Interest Free Period Explained

    In order to gain full advantage of the 55 days interest free period on your Bendigo Bank Platinum Visa Card you must make full use of the bank's 30 day statement cycle as well as the 25 day due date for payments. If you pay your card off in full by the due date after receiving your statement and you organise it so you make your purchase on the first date of the following statement cycle, you will put yourself in the position to have a total of 55 days interest free as long as the next statement you receive is fully paid.

    A balance transfer takes place when you are changing to a Bendigo Bank credit card from another card independent from the Bendigo Bank and its partnered financial institutions, as long as the amount being transferred is within your credit limit.

    Whatever you need a credit card for, you will find Bendigo Platinum Visa will fit the bill, as it is a flexible credit card that is designed for utmost benefit to those who use a high credit limit on regular occasions. If you work it right and you are in the position to have your purchase paid in full within 55 days you can even avoid making any interest payments.

Back to top

Features of the Bendigo Platinum Visa Credit Card

  • Travel Assistance
    This assistance is available anywhere in the world any time of the day or night. Besides it being made available to cardholders, it also covers your spouse and dependant children under 22 who are travelling with you. The travel assistance provided covers such things as emergency transport needs, lost luggage, ticket replacement, legal assistance and medical help.
  • Travellers Cheques Commission Free
    Travellers cheques, free of any commission charges are available at any Bendigo Bank for all holders of a Bendigo Platinum Visa Card.
  • Visa Emergencies
    All Bendigo Bank Platinum Card holders are eligible to receive Visa emergency service for no charge. Such an emergency might include; a lost or stolen card, emergency cash requirement or a card replacement.
  • Additional Card
    The advantage of having an additional card is that you will be able to accumulate your reward points much faster. An additional card can be of use to your partner or other family member. There is no extra cost involved when obtaining an additional Bendigo Bank Credit Card.
  • Linked accounts
    Bendigo Bank Visa credit cards can be linked to your Bendigo Bank transaction accounts. This allows you to repay your cards by accessing your online account, by phone or through a Bendigo Bank ATM.
  • Entertainment
    It is much easier to gain access to the most sought after tickets in town when you want to attend performances of entertainment industry stars. You will be able to snap up the special offers as soon as they are announced as well as get good movie deals and entry to major sporting events. All made possible with your Bendigo Bank Visa Credit Card.
  • 24/7 Concierge Service
    As a platinum card holder you'll get a wide range of benefits wherever you are in the world. This includes travel, lifestyle and entertainment benefits.Back to top
Was this content helpful to you? No  Yes

Ask a Question

You are about to post a question on finder.com.au

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com.au we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy, receive follow up emails related to finder.com.au and to create a user account where further replies to your questions will be sent.

18 Responses to Bendigo Platinum Visa Card

  1. Default Gravatar
    Anthony | July 23, 2016

    Is it necessary to activate travel insurance cover for travel interstate on a platinum Visa card or is it automatically available?

    • Staff
      Anndy | July 28, 2016

      Hi Anthony,

      Thanks for your question.

      The Domestic Flight Inconvenience Insurance cover attached to a Bendigo Platinum Visa Card is activated when you use your card to pay for the full value of the return domestic flight fare before the commencement of your flight.

      Cheers,
      Anndy

  2. Default Gravatar
    Jan | June 14, 2016

    Is there an age limit. My husband is a healthy 75 year old.

    • Staff
      Anndy | June 14, 2016

      Hi Jan,

      Thanks for your question.

      If you are referring to the complimentary insurance coverage for this card, its terms and conditions states that they will not cover loss of any cause if “you are over seventy-five (75) years of age. This will not prejudice any entitlement to claim benefits which has arisen before you attain the age of seventy-six (76) years.”

      In reference to the second sentence, I suggest that you directly contact Bendigo to verify if your husband is still covered.

      Cheers,
      Anndy

  3. Default Gravatar
    nicos | February 20, 2016

    does my ready red visa card transfer frequent flyer points

    • Staff
      Jonathan | February 22, 2016

      Hi Nicos, thanks for your inquiry!

      Unfortunately Bendigo Rewards currently do not have a partnership with a frequent flyer program. You may like to compare frequent flyer credit cards on this page.

      Cheers,

      Jonathan

  4. Default Gravatar
    Ted | December 5, 2015

    Does the platinum card have Qantas frequent flyer rewards?

    Ted

    • Staff
      Sally | December 7, 2015

      Hi Ted,

      Thanks for your question.

      The Bendigo Bank Platinum card does come with a rewards program, but it’s not connected with Qantas Frequent Flyer points. Instead you can redeem your points for merchandise from the Bendigo rewards online store.

      You can compare credit cards with Qantas Frequent Flyer rewards programs here.

      I hope this has helped.

      Cheers,

      Sally

  5. Default Gravatar
    JenFly | October 19, 2015

    Does the Bendigo Platinum visa allow access into Priority Pass or other world wide airline lounge schemes? If so which ones? A
    Do what are the rules?

    • Staff
      Jonathan | October 19, 2015

      Hi JenFly, thanks for your inquiry!

      Unfortunately this card does not come with complimentary Priority Pass access. For a list of cards that include this feature please see this page.

      Cheers,

      Jonathan

  6. Default Gravatar
    Roger | September 7, 2015

    My wife and I are going overseas to the UK and are linking a 12 day cruise with the holiday. We are both seniors and I am searching travel insurance options. Is it worth my while to upgrade to Bendigo Platinum credit card and forget online insurance searching?

    • Staff
      Jonathan | September 8, 2015

      Hi Roger,

      Thanks for your inquiry.

      Please note that finder.com.au is an online comparison service and is not in a position to recommend specific products, providers and services. Please enquire with Bendigo Bank directly if you would like to apply for this card.

      However, we can confirm that this card offers a range of complimentary insurance benefits, including international travel insurance which will cover you and your spouse as long as she is travelling with you for the entire journey and the return tickets were purchased using the Bendigo Platinum Visa Card and as long as you both are not over the age of 75 years as stated on page 18 under General Exclusions. Cruises are covered provided you have purchased the full return fare to the UK.

      I hope this has helped.

      Cheers,

      Jonathan

  7. Default Gravatar
    Mez | August 1, 2015

    What rewards program is linked to the Bendigo platinum visa card please?

    • Staff
      Sally | August 3, 2015

      Hi Mez,

      Thanks for your inquiry.

      Bendigo Bank Rewards is the rewards program that is linked to the Bendigo Platinum Visa Card. I’ve sent you a link to the Bendigo Bank Rewards page to use for future reference.

      I hope this has helped.

      Cheers,

      Sally

  8. Default Gravatar
    william | April 10, 2014

    Is there any age limit on travel insurance with Bendigo Bank Platinum Visa Card?

    • Staff
      Jacob | April 10, 2014

      Hi, William.

      Thanks for your question.

      The terms and conditions (I’ve sent them to your email) state on page 16 under general exclusions:’ “If You are over seventy-five (75) years of age. This will not prejudice any entitlement to claim benefits which has arisen before You attain
      the age of seventy-six (76) years.” So it appears this insurance will provide cover for people up to the age of 76. Please refer to the terms and conditions for further information.

      I hope this helps.

  9. Default Gravatar
    Nancye | September 21, 2013

    Can I change my Bendigo Bank EFTPOS card to a Bendigo Bank Platinum Visa Card so I can receive reward points when purchasing ie weekly groceries, petrol, household and domestic items.

    Can the card be linked to frequent flyer points inc Qantas & Singapore Airlines etc.

    Can the card be used as an eftpos as well as a credit card ie pin or signature.

    Kind Regards,
    Nancy.

    I have been a member with the Bendigo Bank for a number of years.

    • Staff
      Jacob | September 21, 2013

      Hi Nancy.

      Thanks for your question. Please enquire with Bendigo Bank directly if you would like to apply for this card.

      This card does offer a range of complimentary insurance benefits, including international travel insurance. This card can be used over the counter by selecting credit when you go to make a purchase, you can enter a PIN. From 2014 onwards, you will no longer be able to sign for credit card transactions.

      I hope this helps.

Credit Cards Comparison

Rates last updated December 9th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info
NAB Low Rate Credit Card
The NAB Low Rate Card offers 0% p.a. on purchases and balance transfers for 15 months. This card also comes with a low annual fee.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
feedback