Save with us

With a Bendigo Bank credit card, you benefit not only from our low interest rates but from our fair charging methods.

Because of when and how we charge interest, you could save up to 50% in monthly interest charges by banking with us – even if the rate is the same on a card from another bank.

Use our tool to calculate how much interest you could save with a Bendigo Bank Credit Card, compared with a credit card from another bank.

Other Bank Card

interest paid per month
Bendigo Bank Card

interest paid per month
Your savings after 1 month

The way we charge interest saves you money, and here's why:

  • We charge interest from the statement date, not the purchase date – so your interest-free days apply, even if you don't pay off your balance in full
  • We only charge interest on the outstanding amount; any amount paid by the due date won't attract interest
  • There is no interest free period for Cash Advances or Balance Transfers

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.

Savings on interest charges are applicable if the full balance of the account has not been paid off in full. Interest charges are based on Bendigo Bank calculating interest on the outstanding balance from the statement date versus other issuers calculating interest from the date of the purchase/s. Actual interest payable depends on transaction and repayment patterns and amounts and the card interest rate. This calculator is for illustrative purposes only and shows the difference that Bendigo Bank's interest charging method makes on a purchase made on day 5 of a 30-day statement period with a partial repayment on or before the due payment date. Terms, conditions, fees and charges apply. All information is correct as at 01/08/17 and is subject to change. Full details available on application. Lending criteria apply.
Credit provided by Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL/Australian Credit Licence 237879.

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