Bendigo Points Value Calculator

Bendigo Rewards points value

How much are Bendigo Rewards points worth? The answer: about 0.26 cents per point on average. This means that 10,000 points are equal to roughly $26 in value.

Here's our valuations for Bendigo Rewards points:

How to calculate Bendigo points value

The value of Bendigo Rewards points can vary depending on how they are redeemed. You can calculate the value of Bendigo Rewards points by dividing the cash cost of your redemption by the amount of points required.

Bendigo Points Value = Cash Cost of Redemption ÷ Points Required for Redemption.

If you want to easily calculate the value of your points based on redemption versus cash cost, jump to our Bendigo Redemption Value Calculator.

Ways to redeem Bendigo Rewards points

Bendigo Rewards points can be redeemed for gift cards, merchandise, charitable donations, and cash back. You will get the best value when redeeming points for gift cards.

Gift card redemptions

You can redeem Bendigo Bank Rewards Points towards gift cards which will give your points a value of 0.26 cents each. There's a good list of cards to choose from and the denominations range between $20 and $100 for most cards.

The table below breaks down how many points you'll need for each denomination. Do note that denominations vary between gift cards and that e-gift cards may not be available for all retailers.

Merchandise redemptions

You can use Bendigo Bank Rewards Points for merchandise purchases through the Bendigo Rewards Portal. The amount of value you get out of using your points for merchandise will vary depending on what you plan on buying. Categories cover:

• Kitchenware
• Home & Living
• Outdoor & Living
• Technology
• Fashion & Beauty
• Wine & Entertainment

If you know the retail cost in cash and the cost in points, you can use the Bendigo Redemption Value Calculator to calculate how much value you'll get out of your points for the redemption.

Donations to charity

Bendigo Bank Rewards Points can be donated to more than 20 different charities which will give your points a value of 0.26 cents each. The denominations are broken up the same as gift cards redemptions.

Cash back redemptions

Bendigo Bank Rewards Points can be redeemed towards cash back into your account. This can be done by logging into your Bendigo Bank account and clicking on the Cash Back link under your points balance.

Bendigo does not list any details about the redemption to non-cardholders, so I am unsure of the value you can obtain from this redemption.

Calculator: Convert Bendigo points to dollars

Use the Bendigo Rewards Points Value Calculator to calculate the average value of your points based on the available redemption options. You can enter any amount of points in the field below.

Calculator: Bendigo Rewards redemption value

Use our Bendigo Rewards Redemption Value Calculator to determine the cash value of a redemption based on the cost in cash versus the cost in Bendigo Rewards points. This tool is useful when trying to decide whether a redemption is worth it.

Credit cards that earn Bendigo Rewards

Bendigo Bank offers one personal credit card that you can use to earn Bendigo Bank Rewards Points on everyday purchases.

Credit Card	Card Details
Bendigo Platinum Rewards Credit Card Card Value & Rewards Calculator	Earn 1.5 points per $1 spent on all purchases. International travel insurance and shopping coverage. No fee for additional cardholders. $89 annual fee.