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New Low Rate Credit Card offer

No credit card interest on purchases and balance transfer for up to 20 months.* 2% balance transfer fee applies.

There’s a lot to love about the Low Rate Credit Card

  • 1
    0.00% p.a. on purchases for up to 20 months.*
  • 2
    0.00% p.a. on balance transfer for up to 20 months.*
  • 3
    Low annual fee of $45

Promotion

0% + 0% = An offer that works for you

Whether you’re looking for interest-free purchases, want to transfer your existing balance, or both, the Low Rate Credit Card has you covered.

Apply before 3 October 2022 and pay 0.00% p.a. on purchases and 0.00% p.a. on balance transfer for up to 20 months. 2% balance transfer fee applies.

Low Rate Credit Card

All the security and convenience you’d expect, a low annual fee and one of the lowest interest rates around make our Low Rate Credit Card the ideal card for your every day purchases.

Download the key fact sheet for this card.

Balance transfer calculator

See how much you could save by transferring your existing credit card balance to a Low Rate Credit Card.

Features & benefits

  • No fee for additional cardholders.
  • 24/7 fraud monitoring and no liability for unauthorised transactions.5
  • Up to 55 days interest free.4
  • Interest is calculated from the statement date, not the date you made the purchase.
  • Tap & goTM for contactless purchases.
  • Use in store, online and withdraw local currency at millions of locations, everywhere Mastercard is accepted.
  • Access to Mastercard Priceless® Cities exclusive experiences and special offers.

Rates & fees

  • $45 annual fee.
  • 0.00% p.a. on purchases for up to 20 months from account opening. Standard purchase interest rate of 11.99% p.a. applies thereafter.
  • 0.00% p.a. on balance transfer for up to 20 months from account opening. Standard purchase interest rate of 11.99% p.a. applies thereafter. 2% balance transfer fee applies.
  • Cash advance interest rate 13.99% p.a.

Things you should know

Terms, conditions, fees and charges apply. All information, including interest rates and fees, is correct as at 1 March 2022 and is subject to change. Full details available on application. Credit criteria apply. Credit provided by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL/Australian Credit Licence 237879 (‘Bendigo Bank’).

Target Market Determinations for products are available.

*Low Rate Credit Card Offer

Offer period 1 March 2022 to 3 October 2022:

0.00% p.a. purchase rate and 0.00% p.a. balance transfer for up to 20 months from account opening.

Application must be submitted between 12:01am AEST 1 March 2022 and 11:59pm AEDT 3 October 2022.

Bendigo Bank may vary or end this offer at any time and it is only available on the Low Rate Credit Card. Offer not available in conjunction with any other Bendigo Bank offer including Low Rate Complete Credit Card or Shareholder products. One account per customer. Offer is not available when closing or transferring from another Bendigo Bank credit card account or if you have held a Bendigo Bank credit card product in the last 12 months. Minimum monthly repayments must be made as per your monthly statement and the account not otherwise be in default.

0.00% p.a. Purchase rate

No interest will be charged on purchases for the first 20 months from account opening. After a period of 20 months from account opening, the remaining purchase balance will revert to standard purchase interest rate. Offer does not apply to cash advances.

The standard purchase interest rate of the Low Rate Credit Card is currently 11.99%p.a. The cash advance rate of the Low Rate Credit Card is currently 13.99%p.a.

0.00% p.a. Balance transfer

Up to 80% of the credit limit may be applied as a balance transfer. A balance transfer fee of 2% of the balance transferred applies.

After a period of 20 months from account opening any remaining unpaid balance transfer amount will be treated as a purchase and attract the standard retail purchase interest rate.

The standard purchase interest rate of the Low Rate Credit Card is currently 11.99%p.a. The cash advance rate of the Low Rate Credit Card is currently 13.99%p.a.

Offer does not apply to any other transactions, fees and charges.

Balance transfers must be processed by Bendigo Bank in accordance with the Bendigo Bank Credit Card Terms & Conditions 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.

4Up to 55 days interest free
The 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.
5Mastercard Zero Liability

Conditions for protection apply, see mastercard.com.au/zero-liability

Mastercard trademark
Mastercard and Priceless are registered trademarks, and the circles design and Tap & go are trademarks of Mastercard International Incorporated.
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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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