- Low interest rate of 9.99%
- Low $59 annual fee
- Minimum credit limit of $1,000
- Syncs with digital wallets
The Bendigo Bright credit card is a bit like Marge Simpson: uncomplicated but helpful, there when you need it, and sporting a primary-coloured hair-do (just think more orange, less blue). Let’s break down the Bendigo Bright so you can decide if it’s a good match.
The simplicity (and cheapness). Bendigo Bright Credit Card could be a suitable choice for individuals who are specifically looking for a simple, reliable way to access a few extra dollars without a ton of bells and whistles that would otherwise bump up the annual fee.
The low interest rate. While the best way to use a credit card is to pay it off each month, there are times when this is not possible, and you end up accruing interest on the balance you still owe. The Bendigo Bright’s 9.99% interest rate is one of the lowest on the market, so it may be worth considering if you anticipate carrying a balance from month to month. This could give you a bit of a ‘safety net’ that can be helpful if you’re still learning to manage a credit card.
The low credit limit. This card offers a low minimum credit limit of $1000, making it a practical option if you are looking for "rainy day" security funds to keep in your back pockets. Since you can set the limit at its lowest to prevent overspending, it might also be a good first-timer card.
The Bendigo Bright doesn’t have extra tricks up its sleeve, which makes it a pretty straightforward card. Like all cards, it does have its fees (but nothing outrageous).
The Bendigo Bright is a nifty little number with some great perks (the low interest rate being a big one). It’s designed to be a low-cost, easy-to-use credit card that could suit a number of situations where you might want emergency cash, a first card or a simple way to pay for some purchases.
Purchase rate 9.99% p.a.
Cash advance rate 19.99% p.a.
Interest free period on purchases up to 55 days
Balance transfer rate 19.99% p.a. for 99 months
Balance transfer revert rate 19.99% p.a.
Balance transfer from personal loan N/A
Balance transfer fee No fee
Balance transfer limit 80% of approved credit limit
Brands you can't balance transfer from Bendigo Bank
Minimum credit limit $1000
Maximum credit limit $30,000
Annual fee $59 p.a.
Additional cardholder fee N/A
Foreign transaction fee 3%
Minimum repayment $10 or 3%, whichever is greater
Cash advance fee $3.00 or 3% of the transaction amount, whichever is greater
Late payment fee $15
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Be over 18 years old
Good Credit and have not applied for multiple credit cards recently
You must be an Australian citizen or have applied for permanent residency with visa subclasses 188, 489, 491, 494 and 482 (short term stream not included), and with minimum 12 months remaining
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Something you need to know about this card? Ask our credit card expert a question.Ask a question