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0% for 18 months on balance transfers.*

Sometimes an offer is seriously good. Don’t miss out on this one.

2% balance transfer fee applies. Apply before 30 April 2020.

Give yourself some breathing space, and enjoy.

Transfer your credit card balance to a Bendigo Bank Low Rate Mastercard® and there’ll be zero interest charged on that amount for 18 months.* A 2% balance transfer fee applies.

Calculate how much you can save#

See how much you could save by transferring your existing credit card balance to a Low Rate Mastercard. The balance transfer rate will apply to the first balance transferred up to 80% of your approved available credit limit.

If you’re comparing balance transfer deals, here are some things to consider:

No nasty surprises at the end. If you haven’t been able to pay off all the balance transfer:

  • The remaining outstanding balance is transferred to the purchase rate, not the cash advance rate like most other financial institutions.
  • You will receive up to 55 days interest free4 on the transferred amount at the end of the balance transfer period.*

Shop with confidence, you will still benefit from our interest free period of up to 55 days4 on eligible transactions when you have an outstanding balance transfer.*

Hand holding a magnifying glass over the words 'The must-know fine print.'
Bendigo Bank balance transfer difference

Benefits of your Low Rate Mastercard


Low interest rates and low annual fee

11.99 % p.a. purchase interest rate,

13.99 % p.a. cash advance rate,

$45 annual fee.

Digital wallets

Use with your smartphone or smartwatch, including Apple Pay, Google Pay™ and Samsung Pay.
Balance transfers

After 18 months, the interest rate reverts to the purchase interest rate.

Download the key fact sheet for this card.

*Terms, conditions, fees and charges apply. All information, including interest rates and fees, is correct as at 31 December 2019 and is subject to change. Full details available on application. Lending criteria apply.

0% for 18 months balance transfer offer applies to all successful applications for a new Low Rate Mastercard completed and submitted between 12:01am AEST 2 January 2020 to 11:59pm AEST 30 April 2020.

At the end of 18 months from account opening, any remaining unpaid balance transfer amount will attract the standard retail purchase interest rate 11.99% and will receive up to 55 days interest free on the outstanding amount. Offer subject to minimum monthly repayments being made as per your monthly statement and the account not otherwise being in default.

The balance transfer rate will apply to the first balance transferred up to 80% of your approved available credit limit. A balance transfer fee of 2% is applied on the amount transferred and is charged to your Bendigo Bank credit card account. Please note, the 0% for 18 months balance transfer offer does not apply to any fees or charges associated with the account including the annual fee and the balance transfer fee.

Balance transfers must be processed by Bendigo Bank staff in accordance with this offer and not made via other payment methods including BPAY® or direct deposit. We will not be responsible for any delays that may occur in processing payment to your other card account(s) and will not close the account(s). The balance transfer can only be made to a credit card account held in your own name or a credit card account you hold jointly with another person.

Bendigo Bank may vary or end this offer and it is only available on the Low Rate Mastercard. Offer not available to staff or in conjunction with any other Bendigo Bank offer including Low Rate Connect Mastercard and Low Rate Mastercard Deals or Shareholder products. One account per customer. Offer is not available when closing/transferring from another Bendigo Bank credit card account or if you have held a Bendigo Bank credit card product in the last 12 months.

Credit provided by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL/Australian Credit Licence 237879.

4The 55-day interest-free period consists of your 30-day statement cycle, plus the 25 days to the payment due date. The number of interest-free days will vary for each transaction, depending on which day in the 30-day statement cycle the purchase is made.

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#The results are a guide only. This calculator only takes into account the non-Bendigo Bank Credit Card product's purchase interest rate. You'll also need to consider what other fees and charges apply to your current card and any discounts, or promotional offers that you are currently getting, to assess any savings.

The estimated savings also does not take into account the annual fee and 2% balance transfer fee applicable to the Bendigo Bank Low Rate Mastercard.

The estimated savings assumes that during the promotional period you make no additional purchases or cash advances and make the monthly repayments (or minimum monthly repayment, whichever is higher) each month required under the terms and conditions. The minimum monthly repayment will change, depending on how you use your card and is only indicative of the estimated outstanding balance in the first statement period. Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL and Australian Credit Licence No. 237879.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

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