Imagine a credit card that combines a low interest rate with essential security features and affordability. The Bendigo Bright Credit Card from Bendigo Bank does just that. With a purchase interest rate of 9.99% p.a. and an annual Bendigo bank credit card fee of only $59, it is designed to make managing your finances easier and more cost-effective.
It offers up to 55 days interest-free on purchases, 24/7 fraud monitoring, and mobile payment compatibility, making it a versatile and secure choice for everyday use.
Why Should I Get a Bendigo Bright Credit Card?
There are many reasons to get Bendigo Bright Credit Card however we have mentioned some major reasons to get it:
Low Interest Rate
One of the standout features of the Bendigo Bright Card is its low purchase interest rate of 9.99% p.a. This makes it an excellent choice for those who often carry a balance, as it reduces the overall interest paid compared to higher-rate cards.
Affordable Annual Fee
With an annual fee of just $59, the Bright Credit Card is a cost-effective option for cardholders. This fee is relatively low compared to many other credit cards on the market, making it accessible to a wide range of users.
Interest-Free Period
The card offers up to 55 days interest-free on purchases, provided you pay your balance in full by the due date each month. This feature can help you manage your cash flow more effectively and avoid paying interest on everyday purchases.
Additional Cardholders
You can add extra cardholders at no additional cost, making it convenient for family members to share the same credit account. This can simplify managing household expenses and tracking spending.
Security Features
The card includes 24/7 fraud monitoring and no liability for unauthorized transactions, providing peace of mind and security for cardholders. These features ensure that your transactions are protected and any suspicious activity is quickly addressed.
Pros and Cons Bendigo Bright Credit Card
The benefits of Bright Credit Card of Bendigo are exceptional, however, it has also some drawbacks. The below table will show you some pros and cons of Bright Credit Card:
| Pros | Cons |
|---|---|
| Low purchase interest rate (9.99% p.a.) | Annual fee of $59 |
| Up to 55 days interest-free on purchases | No Bendigo Bank credit card rewards or cashback programs |
| No additional fee for extra cardholders | Minimum credit limit of $1,000 |
| 24/7 fraud monitoring | – |
| Mobile payment compatibility | – |
Fees and Interest Associated with Bendigo Bright Credit Card
The fees and Bendigo Bank credit card interest rate are specified in the given table:
| Fee/Interest Type | Amount |
|---|---|
| Annual Fee | $59 |
| Purchase Interest Rate | 9.99% p.a. |
| Cash Advance Interest Rate | 13.99% p.a. |
| Interest-Free Period | Up to 55 days |
| Additional Cardholder Fee | $0 |
| Minimum Credit Limit | $1,000 |
How to Apply for a Bendigo Bright Credit Card?
You can easily apply for the Bendigo Platinum Credit Card by following these simple steps:
- Visit the Bendigo Bank website and click on credit cards. After clicking on it, Click on Apply Now for Bendigo Bright Credit Card.
- Gather necessary documents such as identification, proof of income, and employment details.
- Fill out the online application form with your personal, financial, and employment information.
- Review and submit your application for a credit check and approval.
- Bendigo Bank will typically review your application within a few business days.
- If approved, you will receive your card by mail within 5-7 business days.
- Follow the provided activation instructions to start using your new credit card.
Also Read: Bendigo Platinum Rewards Credit Card: One Card Multiple Benefits
The Final Words
The Bendigo Bright Credit Card is a practical choice for those seeking a low-interest, affordable card with essential security features. While it lacks rewards or premium benefits, its low costs and straightforward features make it ideal for everyday use. Visit the Bendigo Bank website for more details and to apply.