- Low 12.74% p.a. purchase rate
- $55 annual credit card fee
- Eligible with Apple Pay and Samsung Pay
With the Suncorp Clear Options Standard Credit Card, retail purchases are charged a 12.74% p.a interest rate. The card also features a reasonable annual fee and add up to four additional cardholders at no extra cost.
As for ongoing costs, the card has a reasonable annual fee. However, you can add up to four additional cardholders to the account, which could provide more value, while also helping you streamline your family finances. The card features a low purchase rate, which could help cardholders keep costs down when they carry a balance.
One of the most important things to note on the Suncorp Clear Options Standard Credit Card is the fact that is has no interest free days on retail purchases. That means you will pay interest on every purchase from the day you make it.
While this will not affect cardholders who carry a balance (as interest free days do not apply when a balance is carried over), for those who do clear their balance each month, those interest charges could be annoying. Think about how much value the cashback offer provides when paying out interest on your spending, and weigh up the pros and cons.
If you are looking for a basic card with a low purchase rate, the Suncorp Clear Options Standard Credit Card could be worth a closer look. Suiting cardholders who tend to carry a balance, it could help keep interest costs down, when compared to a card with a higher rate.
Features are simple on this card, which may appeal to cardholders who prefer a no frills option. However, the card does offer the basics, with 24/7 customer service and lost card replacement within 24 hours in Australia, worldwide acceptance through the Visa network, and access to Visa payWave, Visa Entertainment, Apple Pay and Samsung Pay.
The Suncorp Clear Options Standard Credit Card has a reasonable annual fee and a low purchase rate.
Purchase rate 12.74% p.a.
Cash advance rate 21.99% p.a.
Interest free period on purchases up to 0 days
Minimum credit limit $2,000
Maximum credit limit $20,000
Annual fee $55 p.a.
Additional cardholder fee Up to 4 at no extra cost
Foreign transaction fee 3.40%
Minimum repayment 2% or $30 (whichever is greater)
Cash advance fee 1.50% (international); $3.50 or 3.5%, whichever is greater (domestic)
Late payment fee $30
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance No
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Eligible with Apple Pay and Samsung Pay
The Suncorp Clear Options Standard credit card is a great value low rate card. The card comes with a $55 annual fee and you can add up to four additional cardholders for no extra cost.
Be over 18 years old
Good Credit and have not applied for multiple credit cards recently
Australian Permanent Resident
Minimum income of $25,000 p.a.
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
Something you need to know about this card? Ask a our credit card expert a question.Ask a question