0% for 18 months on balance transfers*
Transfer your credit card balance to a Low Rate Mastercard® and you won’t be charged any interest on that amount for 18 months.
A 2% balance transfer fee applies.
Benefits of a 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.
Use with your smartphone or smartwatch, including Apple Pay, Google Pay™ and Samsung Pay.
After 18 months, the interest rate reverts to the purchase interest rate.
Calculate how much you save#
See how much you could save by transferring your existing credit card balance to a Low Rate Mastercard.
* Terms, conditions, fees and charges apply. All information, including interest rates and fees, is correct as at 1 July 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 1 July 2019 to 11:59pm AEST 31 August 2019.
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.
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).
Bendigo Bank may vary or end this offer. One account per customer. Offer is not available when closing/transferring from another Bendigo Bank credit card account or if you have held the product in the last 12 months. Offer not available to staff or in conjunction with any other Bendigo Bank offer including Mortgage Bundling, the Connect package, Deals or Shareholder products.
Credit provided by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL/Australian Credit Licence 237879.
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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 applicable to the 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.