Bendigo Financial institution is altering how its Platinum Rewards and Qantas Platinum playing cards earn factors from 23 November 2026. The Qantas card may also value extra annually, so it’s value checking what you’ll truly get out of your normal spending.
Key numbers
- 23 November 2026: the introduced begin date.
- $50 additional a yr: the Qantas Platinum annual price rises from $149 to $199.
Methodology: present particulars checked towards our card pages and Bendigo Financial institution’s change discover on 4 November 2026. Examples multiply eligible spending by the said earn fee.
What’s altering on the 2 playing cards?
Right here’s the earlier than and after. Bendigo Rewards factors and Qantas Factors belong to completely different packages, so their numbers aren’t a like-for-like measure of worth.
| Characteristic | Now | From 23 November 2026 |
|---|---|---|
| Platinum Rewards home earn | 1.5 Bendigo Rewards factors per $1 | 1.0 level per $1 |
| Platinum Rewards worldwide earn | 1.5 Bendigo Rewards factors per $1 | 2.0 factors per $1 |
| Qantas Platinum eligible earn | 0.6 Qantas Factors per $1 | 0.5 Qantas Factors per $1 |
| Qantas Platinum annual price | $149 | $199 |
Platinum Rewards stays uncapped. The Qantas cap stays at 20,000 factors per assertion interval. Bendigo says core advantages and complimentary insurances stay unchanged; eligibility and coverage circumstances nonetheless matter.
From 23 November 2026, Platinum Rewards earns 1.0 level per $1 domestically and a couple of.0 internationally, in contrast with 1.5 in the present day. Qantas Platinum drops from 0.6 to 0.5 Qantas Factors per eligible $1; its 20,000-point statement-period cap stays the identical, whereas Platinum Rewards stays uncapped.
Which playing cards are affected?
The discover covers the Bendigo Platinum Rewards Credit score Card and the Bendigo Financial institution Qantas Platinum Credit score Card. It isn’t a discover for each Bendigo card.
In the event you maintain one, learn the formal notification Bendigo sends you. The general public announcement offers a begin date however doesn’t clarify when an present account will first be charged the upper annual price. Ask the financial institution the way it applies to your renewal reasonably than assuming a cost will land on 23 November.
What does it imply in your on a regular basis spending?
Let’s use $2,000 of eligible spending. These are illustrations of factors earned, not a instructed spending goal:
- Platinum Rewards, all home: $2,000 × 1.5 earns 3,000 Bendigo Rewards factors now. At 1.0, it earns 2,000: a drop of 1,000 factors.
- Platinum Rewards, all worldwide: $2,000 × 1.5 earns 3,000 factors now. At 2.0, it earns 4,000: a rise of 1,000 factors earlier than contemplating charges.
- Qantas Platinum: $2,000 × 0.6 earns 1,200 Qantas Factors now. At 0.5, it earns 1,000: a drop of 200 factors.
| Card and spending | Factors earlier than | Factors from 23 November 2026 |
|---|---|---|
| Platinum Rewards: $2,000 all home | 3,000 Bendigo Rewards factors | 2,000 Bendigo Rewards factors |
| Platinum Rewards: $2,000 all worldwide | 3,000 Bendigo Rewards factors | 4,000 Bendigo Rewards factors |
| Qantas Platinum: $2,000 eligible spend | 1,200 Qantas Factors | 1,000 Qantas Factors |
On $2,000 of eligible spending, Platinum Rewards adjustments from 3,000 to 2,000 factors for home purchases or from 3,000 to 4,000 for worldwide purchases. Qantas Platinum adjustments from 1,200 to 1,000 Qantas Factors. Worldwide transaction charges nonetheless apply.
In case your spending is generally groceries and payments in Australia, the upper worldwide fee might do little for you. Work from your personal statements. There’s no must rearrange your buying simply to make a rewards card look higher on paper.
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Extra worldwide factors don’t imply fee-free spending. Normal worldwide transaction charges nonetheless apply. Verify the financial institution’s price schedule earlier than treating the upper earn fee as a saving.
Must you maintain the cardboard or evaluate options?
Begin with what you employ. A card can nonetheless be helpful if its advantages go well with you, however factors alone don’t settle the query. Evaluate the continuing value with the rewards you may realistically redeem. Embody any individually charged program price when evaluating different playing cards.
Our rewards bank card comparability and Qantas bank card comparability will help you verify options. Look past the welcome supply to the continuing earn fee and charges. In the event you carry a stability, give curiosity prices loads of weight too.
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Pauline’s tip: Choose a standard month out of your statements and run the brand new earn fee over it. That could be a extra helpful start line than guessing how a lot you may spend subsequent yr.
“A rewards card ought to match the spending you already do. You shouldn’t must spend extra to justify holding it.”
Ultimate ideas earlier than the adjustments begin
Maintain your notification helpful and verify the subsequent assertion towards it. Earlier than switching, ask about pending factors and any advantages you depend on. Then make the choice with the total value in view, not simply the factors stability.
Incessantly requested questions
When do the Bendigo rewards adjustments begin?
The introduced begin date is 23 November 2026. Current cardholders also needs to learn their formal notification for the small print that apply to their account.
Does the Qantas Platinum factors cap change?
No. It stays 20,000 Qantas Factors per assertion interval. The eligible earn fee falls from 0.6 to 0.5 factors per $1.
Does incomes extra worldwide factors take away transaction charges?
No. Normal worldwide transaction charges nonetheless apply to Platinum Rewards. Verify the price schedule earlier than spending abroad.
Common info solely, not private recommendation. Think about your circumstances and browse the related Goal Market Dedication (TMD), charges and T&Cs earlier than making use of or altering playing cards. Supply: Bendigo Financial institution’s change announcement and our linked card evaluations. Card particulars right as at 4 November 2026 and may change. Examples assume eligible spending on the said charges and exclude charges and curiosity.
