How to Apply for Your Bendigo Ready Credit Card
In an increasingly digital world, having a reliable credit card is not just a convenience but a necessity. The Bendigo Ready Credit Card stands out as a versatile option, especially for those who value both financial prudence and the benefits of a premium card.
With no annual fees and a suite of travel-related perks, this card is ideal for both everyday spending and international purchases. Whether you’re making everyday purchases or planning your next overseas trip, the Bendigo Ready Credit Card offers a blend of practicality and luxury without the financial burden often associated with premium cards.
The History of Bendigo Bank
Bendigo Bank has a storied history that dates back to 1858, originating in the goldfields of Victoria, Australia. Originally established as a building society, its primary mission was to provide home loans to local residents.
Over the decades, Bendigo Bank has grown significantly, merging with Adelaide Bank in 2007 to form Bendigo and Adelaide Bank Limited. This merger expanded its reach and services, making it one of Australia’s largest banks.
Despite its growth, Bendigo Bank remains committed to its community roots, focusing on customer satisfaction and social responsibility.
This commitment is reflected in its range of products, including the Bendigo Ready Credit Card, which offers value and convenience while supporting sustainable banking practices.
Benefits of the Bendigo Ready Credit Card
Rewards Points and Exclusive Offers
One of the primary attractions of the Bendigo Ready Credit Card is its rewards program, which allows cardholders to accumulate points on everyday purchases. These points can be redeemed for a variety of rewards, including travel, merchandise, and gift cards.
Moreover, the card provides access to exclusive offers through Mastercard’s Priceless Cities program, which includes special deals on dining, entertainment, and travel experiences worldwide.
Purchase Protection and Extended Warranty
The Bendigo Ready Credit Card also offers comprehensive purchase protection, which covers items bought with the card against theft, accidental damage, or permanent loss for up to 90 days.
Additionally, the card extends the warranty on covered purchases, providing added peace of mind when buying expensive electronics or household appliances. This feature is particularly valuable for those who frequently make high-value purchases.
No International Transaction Fees and Travel Insurance
For frequent travelers, the Bendigo Ready Credit Card is an excellent choice. It offers zero international transaction fees, allowing you to make purchases abroad or online with foreign merchants without incurring additional costs.
Furthermore, the card includes up to 90 days of international travel insurance, covering a range of scenarios, from medical emergencies to lost luggage. This insurance is available to cardholders under the age of 76, making it a valuable benefit for both young adventurers and seasoned globetrotters.
Loan Options and Instalment Program
Flexible Payment Options
The Bendigo Ready Credit Card provides flexibility in managing your finances through its instalment program. Cardholders can convert eligible purchases into instalments, allowing for more manageable payments over time.
This is particularly useful for larger expenses, such as home improvements or holiday spending, where spreading the cost over several months can ease the financial burden.
Special Offers on Balance Transfers
In addition to its instalment program, the Bendigo Ready Credit Card offers competitive rates on balance transfers. This feature enables you to transfer existing credit card debt to your Bendigo Ready Credit Card, potentially saving on interest payments and helping you pay off your debt faster.
The balance transfer rate is the same as the purchase interest rate at 19.99% p.a., which, while higher than some balance transfer-specific cards, provides a straightforward option for consolidating debts.
Cash Advance Facility
The card also includes a cash advance facility, allowing you to withdraw cash when needed. However, it’s important to note that cash advances are subject to a higher interest rate of 19.99% p.a., and interest is charged immediately from the date of the transaction.
Therefore, while this option is available for emergencies, it should be used sparingly to avoid accruing significant interest charges.
Eligibility for the Bendigo Ready Credit Card
Application Criteria
To apply for the Bendigo Ready Credit Card, you must meet specific eligibility criteria. Applicants must be at least 18 years old and an Australian citizen or permanent resident. Additionally, you should not be currently bankrupt or insolvent.
The card is available for personal use only, so if you are looking for a business credit card, you may need to consider other options from Bendigo Bank.
Income Requirements
The card is accessible to individuals receiving a regular income from sources such as permanent, non-permanent, or casual employment, as well as those with managed superannuation or self-employment income.
There is no specific minimum income requirement stated, making the card accessible to a broad range of income levels.
Interest Rates and Fees
The Bendigo Ready Credit Card comes with a purchase interest rate of 19.99% p.a. and no annual fee, making it an attractive option for those who manage their balance well. The card also has a minimum credit limit of $3,000, providing sufficient flexibility for everyday spending and larger purchases.
How to Apply
Steps to Complete the Online Application
Applying for the Bendigo Ready Credit Card is straightforward and can be done entirely online. To start the process, visit the Bendigo Bank website and navigate to the Bendigo Ready Credit Card page.
Here, you’ll find an option to check your eligibility before proceeding with the application.
You will need to provide personal information, including your income details and employment status, as well as any other required documentation. Once you have completed the online form, submit your application for review.
Bendigo Bank will typically respond within a few business days with the outcome of your application.
Alternatives for Existing Customers
If you are already a Bendigo Bank customer, you can apply for the Bendigo Ready Credit Card through your e-banking portal. This option may streamline the process, as some of your personal information may already be on file, reducing the time needed to complete the application.
In-Branch Application
For those who prefer a face-to-face interaction, you can also apply for the Bendigo Ready Credit Card at any Bendigo Bank branch. This option is particularly helpful if you have questions or need assistance with your application.
VISIT THE BANK`S OFFICIAL WEBSITE TO REQUEST YOUR CARD
Opinion and Additional Tips
Pros and Cons
The Bendigo Ready Credit Card offers a robust package of benefits, including no annual fees, international transaction fee waivers, and comprehensive purchase protection. However, the relatively high purchase interest rate of 19.99% p.a. may deter those who frequently carry a balance.
For those who pay off their balance in full each month, this card offers significant value, especially for frequent travelers and those looking for a card with no ongoing fees.
Sustainability and Environmental Impact
Bendigo Bank is known for its commitment to social responsibility and sustainability. By choosing the Bendigo Ready Credit Card, you are supporting a bank that invests in community development and sustainable practices.
Additionally, the card’s digital management features, such as mobile payments and online statements, reduce the need for physical materials, contributing to a lower environmental footprint.
Customer Service
- Phone: You can reach Bendigo Bank’s customer service by calling 1300 236 344.
- Website: For more information or to make an enquiry online, visit Bendigo Bank’s official website.
- Branches: Use the branch locator on the website to find a branch near you.
- Chat: Access customer support via the chat feature on Bendigo Bank’s website for quick assistance.
- Mobile App: Download the Bendigo Bank app for easy account management on the go, available on both Android and iOS.
The Bendigo Ready Credit Card is a strong contender for anyone looking for a card with no annual fees and valuable travel benefits.
While its interest rates are on the higher side, the card’s extensive perks make it an excellent choice for those who manage their finances carefully.
If you’re interested in learning more about other credit cards tailored for Australian residents, check out additional options on our site.
