Bendigo Bank - Qantas Platinum Credit Card
The Bendigo Bank Qantas Platinum Mastercard has a balance transfer rate of 21.99% p.a. and a cash advance rate of 21.99% p.a.. The Qantas Points earn rate is 0.6 points per $1 spent on eligible purchases, capped at 20,000 per statement. Additionally, this credit card has complimentary overseas travel insurance and up to 55 days interest-free on purchases.
This credit card has no extra fees on additional cardholders and gives the cardholder a free Qantas Frequent Flyer membership.
An interest rate of 19.99% p.a. on purchases and an annual fee of $149.
Annual Fee
$149 per year
Balance Transfer
21.99% p.a.
Purchase Rate
19.99% p.a.
Rewards Rate One
0.6 point(s) per AUD$1 On eligible transactions up to 20,000 point(s) per statement
Details
Card Type
Mastercard
Minimum Repayment
3% or $10
per statement, whichever is greater
Interest Free Period
up to 55
days
Minimum Credit Limit
$3,000
Fees
Annual Fee
$149
per year
Late Payment Fee
$15
per statement
Cash Advance Fee
3% or $3
per transaction, whichever is greater
Additional Card Holder Fee
$0
Rates
Purchase Rate
19.99% p.a.
Cash Advance Rate
21.99% p.a.
Balance Transfer
Balance Transfer
21.99% p.a.
Overseas Spending
Foreign Currency Conversion Fee
3%
per transaction
Overseas ATM Withdrawal Fee
$5
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
Yes
Joint Application
Yes
Rewards
Program
Qantas Frequent Flyer
Types
Qantas Points
Reward Rates
Rewards Rate One
0.6 point(s) per AUD$1
On eligible transactions up to 20,000 point(s) per statement
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
No
Who is the product designed for?
The retail clients for whom this product has been designed are individuals who:
- want a credit card facility to make purchases and perform other transactions.
- want to manage short term cash flow needs by using the credit card facility, including by being able to temporarily defer repayment of debt.
- want the ability to earn Qantas Points on eligible purchases, want access to other benefits and are willing to pay a higher interest rate and annual fee (as compared to a low rate or low fee credit card) in order to obtain these benefits
- want a credit card facility limit of $3,000 or more and can afford to repay the credit card facility.
Visit Bendigo Bank to view Target Market Determination Effective From: 2024-11-01.
