The Bendigo Bank Ready Credit Card has 2 key features for travellers: no international transaction fees and complimentary international travel insurance. Its ongoing $0 annual fee can also help you keep your credit card costs down. But keep in mind that it has a 19.99% p.a. interest rate for purchases if you carry a balance from month-to-month.
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Bendigo Bank Ready Credit Card
Terms and conditions apply
- Balance transfer rate with no balance transfer fee
- 19.99% p.a.
- Purchase rate
- 19.99% p.a.
- Annual fee
- $0 p.a.
- Interest-free on purchases
- Up to 55 days
Our verdict
A no annual fee credit card that also offers no international transaction fees and complimentary overseas travel insurance.
The Bendigo Bank Ready Credit Card is suited to people who want to save on credit card and travel costs, with no annual fee or international transaction fees. This can save you around 2–4% on overseas spending compared to cards that charge FX fees. It also gives you complimentary international travel insurance, purchase protection insurance and extended warranty cover for eligible purchases.
Pros
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$0 annual fee
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0% international transaction fees on purchases
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Access to complimentary overseas travel insurance
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Compatible with major digital wallets
Cons
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No introductory offers on purchases and balance transfers
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Does not feature a rewards program
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$15 late payment fee is charged
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Watch out for the 19.99% p.a. cash advance interest rate
Details
Product details
| Product Name | Bendigo Bank Ready Credit Card |
| Balance transfer rate p.a. | 19.99% |
| Purchase rate p.a. | 19.99% |
| Interest-free period | Up to 55 days on purchases |
| Cash advance rate p.a. | 19.99% |
| Min credit limit | $3,000 |
| Card type | Mastercard |
Eligibility
| Available to temporary residents | No |
| Joint application | No |
Rewards
| Bonus points | N/A |
Fees
| Annual fee | $0 |
| Minimum monthly repayment | 3% of the closing balance or $10, whichever is greater |
| Late payment fee | $15 |
| Foreign currency conversion fee | 0% |
| Cash advance fee | 3% or $3, whichever is greater |
| Overseas ATM withdrawal fee | $0 |
| Additional cardholder fee | $0 |
Congratulations, Bendigo Bank!
Bendigo Bank Ready Credit Card received the highly commended award for 'Travel Credit Card' in the 2024 Product Awards.
Full list of 2024 winnersHow to apply
You can apply for the Bendigo Bank Ready Credit Card online. Before you get started, check if you meet the eligibility criteria and have the necessary information to complete the application:Eligibility criteria
- Residency. If you're an Australian permanent resident or citizen, you can apply for this card.
- Credit history. You should have a good credit history and not be bankrupt or insolvent.
Your reviews
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Amy Finder
Editor
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Sarah Megginson Finder
July 17, 2024
Hi Moira,
To activate your travel insurance, you simply need to spend a minimum of $500 of your prepaid travel costs before leaving Australia. This doesn’t need to be on flights; it could be accomodation, tours, car hire, transfers etc. It can also be accumulated, eg $300 on hotels and $200 on car hire. You may want to purchase refundable accomodation so you can activate your insurance, but amend/cancel the accomodation it if your flight plans change?
Hope this helps!
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Nishant
June 19, 2024
Hi, can I apply for personal use and can I withdraw the money?
Sarah Megginson Finder
June 20, 2024
Yes, this is a personal card not a credit card. You can withdraw money from this card, but you’ll be charged interest of 19.99% immediately, which is a very high interest rate. If you need access to cash, a personal loan might be more affordable.
Hope this helps!
Felipe
March 24, 2024
Do I have to have an account with bendigo bank to apply for the credit card?
Sarah Megginson Finder
March 25, 2024
Hi Felipe, No you don’t need to have an existing account. If you’re a new customer you can still apply, but you may be required to visit a branch to verify your identity.
Peter
November 01, 2023
Hi – my wife and I are both retired. Our income is from military pensions in my name, both receive aged pension as well as an allocated pension. We do our own tax returns. We both have a credit card with the balances paid in full every month via direct debit. We both have good credit ratings.
I have recently transferred from a credit card provider to a fee free credit card.
My wife would now like to do the same and cancel her existing card. The problem we have experienced is that the majority of income is in my name so it is proving very difficult to find a new credit card for my wife.
Is Bendigo Bank a little more lenient in the strict criteria for applying?
Many thanks for any assistance.
Peter and Carolyn
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Amy Bradney-George Finder
November 03, 2023
Hi Peter and Carolyn,
Please be aware that I can only give general advice and factual information in my reply. Bendigo Bank allows people to apply if they receive regular income from any of the following sources: PAYG (Permanent, non-permanent and casual employment), managed superannuation, self-managed superannuation, self-employment. It would typically need to be in the name of the person applying. But you could call Bendigo Bank directly on 1300 236 344 to discuss specific details.
Finder also has a guide to credit cards for retired applicants that has further insights and details on applying. I hope this helps.
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derek
July 20, 2023
hi , l am earning miminum $450. a week , am 70 years old and have assets , & money in the bank
is it worth me applying for a ready or platinum credit card .
Richard Whitten Finder
July 26, 2023
Hi Derek,
If you’re unsure about eligibility for a particular card I suggest contacting the card company and asking them more specific questions about its eligibility requirements.
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Moira
July 12, 2024
Hello, I’m interested in applying for the above credit card with Bendigo Bank .
One of the conditions to receive overseas travel insurance is to pay for return airline tickets with the credit card. I’m a retired airline employee with the Qantas Group. In most cases I’m unable to buy a return ticket, as my travel is dependent on loadings for my flight on a particular day of travel I choose. This can change if loadings are heavy.
Therefore is it possible to apply for this credit card and receive the benefits.
Many thanks.
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