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Suncorp Clear Options Standard Credit Card

4 reviews

Purchase rate

12.74% p.a.

Balance transfer

0% 14 months
0% Complete (success)
reverts to 21.99% p.a. No BT fee

Annual fee

$55 p.a.
55% Complete (success)

Pros

Low standard purchase rate

Low annual credit card fee

10% cashback on eligible purchases in the first 6 months (up to $150)

Cons

Cash advance rate of 21.99% p.a.

No interest free days on purchases

Suncorp Clear Options Standard Credit Card

The Suncorp Clear Options Standard credit card is a great value low rate card. As a cardholder, you can take advantage of 0% p.a. for the first 14 months on balance transfers (reverts to cash advance rate thereafter, currently 21.99% p.a.). The card comes with a $55 annual fee and you can add up to four additional cardholders for no extra cost. Receive 10% cashback on eligible purchases made by both the primary or additional cardholders in the first 6 months (up to $150).

Key features

  • No frills credit card that offers a low purchase rate of 12.74% p.a.
  • 0% p.a. for the first 14 months on balance transfers (reverts to cash advance rate thereafter, currently 21.99% p.a.)
  • 10% cashback on Eligible Purchases made by both the Primary or Additional Cardholders in the first 6 months (up to $150)
  • Annual credit card fee of $55
  • Credit limits up to $20,000 subject to approval
  • No interest free days
100% of customers who have rated this card would recommend it
  • Rates
    95%
  • Fees
    95%
  • Rewards
    N/A
  • Customer Service
    78%
  • Value
    82%
Overall user rating 82%
4 reviews

100% Visitor

Suncorp is very good to be with, If you have a banking package with them (a few accounts), you avoid the annual fee and have other lerks and perks, Been with them for a couple of years now, Fantastic bunch :) Cheers

Recommends this card

71% Emiko Suzuki

Good low interest rates. Cheap annual fee. Not too high credit limits but enough. Good customer service as Iâ??ve seen so far. Not really much else to say on the card, but what else do you need?

Recommends this card

Interest Rates
Purchase rate 12.74% p.a.
Cash advance rate 21.99% p.a.
Interest free on purchases up to 0 days
Balance Transfer
Balance transfer rate 0% p.a. for 14 months
Balance transfer fee No fee
Balance transfer revert rate 21.99% p.a.
Balance transfer limit 80% of your approved new credit limit
Balance transfer from personal loan No
Banks you can't balance transfer from Bank of Queensland ,Citi ,Coles ,IMB ,Qantas Money ,Suncorp ,Virgin Money
Credit limits
Minimum credit limit $2,000
Maximum credit limit $20,000
Fees & repayments
Annual fee $55 p.a.
Additional cardholder fee Up to 4 at no extra cost
Cash advance fee 3.5%
Foreign transaction fee 3.40%
Minimum repayment 2.5%
Late payment fee $10
Credit card type Visa
Complimentary insurance
Flight inconvenience insurance No
Transport accident cover No
Smartphone screen insurance No
Purchase protection insurance No
Extended warranty insurance No
Rental vehicle excess cover No
Extras
10% cashback on eligible spend in first 6 months (up to $150)
Eligible with Samsung Pay

The Suncorp Clear Options Standard Credit Card

With the Suncorp Clear Options Standard Credit Card, new cardholders can take advantage of 0% p.a. on balance transfers for 14 months, with 10% cashback also available on all eligible purchases in the first six months. The card also features a reasonable annual fee, with up to four additional cardholders at no extra cost, and a low purchase rate.

What we love...

One of the things you will likely notice on the Suncorp Clear Options Standard Credit Card is its introductory offers. Coming in two parts, the card currently offers a balance transfer deal and a cashback offer to new cardholders. So, are these intro offers right for you?

First up, balance transfers. With a balance transfer offer, you could transfer your existing credit card balance onto the Suncorp Clear Options Standard Credit Card to take advantage of 0% p.a. on that balance for 14 months. This gives you a nice long time to chip away at your debt, paying down more of what you owe as you pay no interest on the transferred balance.

Things to note on this offer. First up, there is no balance transfer fee to worry about. Secondly, you may transfer up to 80% of your approved credit limit. Lastly, any unpaid transferred balance will revert to the card’s cash advance rate at the end of the intro period. This rate is not low, so leaving a balance on the card is not a great idea.

Now to the cashback offer. Signing up for this card provides cardholders with access to 10% cashback on eligible purchases for the first six months. This cashback accumulates on both the primary and additional cardholders’ spending, up to a maximum of $150. It is then credited to the relevant cardholder’s account within 6-8 weeks.

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.

What’s not so great...

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.

Why should you choose this card?

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 and Samsung Pay.

Overall Rating

The Suncorp Clear Options Standard Credit Card has a reasonable annual fee and a low purchase rate, currently offering 0% p.a. on balance transfers for 14 months and 10% cashback on eligible spending for six months.

8 questions (showing the latest 10 Q&As)

Tammy

Tammy

2 January 2018
I receive single parent pension and family allowance, would I be able to get credit card?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 January 2018
    Hi Tammy, approval depends on a range of factors. Most importantly income v expenses, assets v liabilities and your credit history. You need good credit to apply and get approval. If you are putting away extra money each money this is a good sign that you have funds available to make extra payments. Bottom line, before you apply for any credit card, I would give there customer service a call to see if they accept your type of income.
Nkechi Bamidele Obilo I Joshua

Nkechi Bamidele Obilo I Joshua

25 July 2017
Please, I will like to speak to someone about a Suncorp product. my contact is 02-xxxxx Thanks.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 July 2017
    Hi Nikechi, I am currently overseas, what questions do you have about this Suncorp credit card?
Derek Rogger DeBono

Derek Rogger DeBono

28 January 2017
I would like to be a customer to suncorp bank and will be looking forward to being accepted.
Frank Bokor

Frank Bokor

8 June 2016
Hi, I'm thinking of doing a balance transfer from my Suncorp credit card to my Westpac bank account. I would like to close the Suncorp account and just have my Westpac account. Will it be possible to do?Thank you,Frank Bokor
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    9 June 2016
    Hi Frank, you cannot balance transfer from a credit card to a bank account. You can transfer, subject to credit approval, your Suncorp (issued through Citi) to a new Westpac credit card. Balance transfers typically are only available on new cards, therefore you would need to apply for new Westpac card such as the low rate.
bill ogilvie

bill ogilvie

3 April 2015
can my wife and I apply for one card and combine both our pension to qualify as one total.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 April 2015
    Hi Bill - these days most providers don't have joint credit card accounts. I know that BCU accept pensioners and might be worth a try. Have a look at this product.
Brodie

Brodie

4 March 2013
i called up suncorp regarding their credit cards but was transferred to citigroup. what is their relationship?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    5 March 2013
    Hi Brodie, Suncorp promotes and distributes this credit card on Citibank's behalf, so Citibank is the underwriter for this credit card. We've also written about the issuer/underwriter relationship more here.
Claudia Byrne

Claudia Byrne

26 February 2013
i haven't seen many suncorp branches around my area, could i possibly go to an Australia Post to do my banking?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 February 2013
    Hi Claudia, yes Suncorp allows customers to bank using Australia Post.
Emma Popovic

Emma Popovic

13 February 2013
I currently hold a Suncorp credit card and I'm looking to get this one too. Is this reasonable?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 February 2013
    Hi Emma - we aren't able to say what would be reasonable for your situation without knowing more, and that would be more like providing financial advice. What we can say, however, is that you would not be prevented from applying for a second Suncorp credit card so long as you have held your first card with them for more than 9 months. Be aware that this credit card has not applicable balance transfer rate either, so it would all depend on what you want the card for and what others you have been looking at. Hope that helps!
  • Be over 18 years old
  • Good credit and not applied for multiple credit cards recently
  • Resident or citizen of Australia
  • You have your personal details ready to complete the online application
Suncorp Clear Options Standard Credit Card
Suncorp Clear Options Standard Credit Card

Suncorp Clear Options Standard Credit Card

Updated 18 June 2019

Purchase Rate (p.a)

12.74%

Balance Transfer (p.a)

0% for 14 months No BT fee. reverts to 21.99% p.a.

Annual Fee (p.a)

$55

$0 over 14 months

My transfer amount

Balance transfer from:

My annual fee

My interest rate

Pros and cons

  • Low standard purchase rate
  • Low annual credit card fee
  • 10% cashback on eligible purchases in the first 6 months (up to $150)

  • Cash advance rate of 21.99% p.a.
  • No interest free days on purchases

Creditcard.com.au review

Editor Review

The Suncorp Clear Options Standard Credit Card

With the Suncorp Clear Options Standard Credit Card, new cardholders can take advantage of 0% p.a. on balance transfers for 14 months, with 10% cashback also available on all eligible purchases in the first six months. The card also features a reasonable annual fee, with up to four additional cardholders at no extra cost, and a low purchase rate.

What we love...

One of the things you will likely notice on the Suncorp Clear Options Standard Credit Card is its introductory offers. Coming in two parts, the card currently offers a balance transfer deal and a cashback offer to new cardholders. So, are these intro offers right for you?

First up, balance transfers. With a balance transfer offer, you could transfer your existing credit card balance onto the Suncorp Clear Options Standard Credit Card to take advantage of 0% p.a. on that balance for 14 months. This gives you a nice long time to chip away at your debt, paying down more of what you owe as you pay no interest on the transferred balance.

Things to note on this offer. First up, there is no balance transfer fee to worry about. Secondly, you may transfer up to 80% of your approved credit limit. Lastly, any unpaid transferred balance will revert to the card’s cash advance rate at the end of the intro period. This rate is not low, so leaving a balance on the card is not a great idea.

Now to the cashback offer. Signing up for this card provides cardholders with access to 10% cashback on eligible purchases for the first six months. This cashback accumulates on both the primary and additional cardholders’ spending, up to a maximum of $150. It is then credited to the relevant cardholder’s account within 6-8 weeks.

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.

What’s not so great...

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.

Why should you choose this card?

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 and Samsung Pay.

Overall Rating

The Suncorp Clear Options Standard Credit Card has a reasonable annual fee and a low purchase rate, currently offering 0% p.a. on balance transfers for 14 months and 10% cashback on eligible spending for six months.

User reviews

Suncorp Clear Options Standard Credit Card ( based on 4 Creditcard.com.au user reviews )

82% rating based on 4 reviews

Rates
Fees
Rewards
Customer Service
Value
100%

Creditcard.com.au Visitor

14 March 2013

Suncorp is very good to be with, If you have a banking package with them (a few accounts), you avoid the annual fee and have other lerks and perks, Been with them for a couple of years now, Fantastic bunch :) Cheers

Recommends this card
71%

Emiko Suzuki

28 January 2013

Good low interest rates. Cheap annual fee. Not too high credit limits but enough. Good customer service as Iâ??ve seen so far. Not really much else to say on the card, but what else do you need?

Recommends this card
75%

GregK

28 January 2013

To be honest, I didnt know much about Suncorp before, but when I was looking over this site I saw the deal on this credit card. I did a bit of research online and found out more about the bank, and then applied for the card. Its been great so far with a decent annual fee, and the interest is pretty reasonable as well. Have to say, I was pleasantly surprised.

Recommends this card

Rates and fees

Interest rates

Purchase rate 12.74% p.a.

Cash advance rate 21.99% p.a.

Interest free on purchases up to 0 days

Balance transfer

Balance transfer rate 0% p.a. for 14 months

Balance transfer revert rate 21.99% p.a.

Balance transfer from personal loan No

Balance transfer fee No fee.

Balance transfer limit 80% of approved credit limit

Banks you can't balance transfer from Bank of Queensland, Citi, Coles, IMB, Qantas Money, Suncorp, Virgin Money

Credit limits

Minimum credit limt $2,000

Maximum credit limit $20,000

Fees & repayments

Annual fee $55 p.a.

Additional card holder fee Up to 4 at no extra cost

Foreign transaction fee 3.40%

Minimum repayment 2.5%

Cash advance fee 3.5%

Late payment fee $10

Additional features

Complimentary insurance

Overseas travel insurance No

Flight inconvenience insurance No

Transport accident cover No

Smartphone screen insurance No

Purchase protection insurance No

Extended warranty insurance No

Rental vehicle excess cover No

Extras

10% cashback on eligible spend in first 6 months (up to $150)

Eligible with Samsung Pay

Overview

Suncorp Clear Options Standard Credit Card

The Suncorp Clear Options Standard credit card is a great value low rate card. As a cardholder, you can take advantage of 0% p.a. for the first 14 months on balance transfers (reverts to cash advance rate thereafter, currently 21.99% p.a.). The card comes with a $55 annual fee and you can add up to four additional cardholders for no extra cost. Receive 10% cashback on eligible purchases made by both the primary or additional cardholders in the first 6 months (up to $150).

Key features

  • No frills credit card that offers a low purchase rate of 12.74% p.a.
  • 0% p.a. for the first 14 months on balance transfers (reverts to cash advance rate thereafter, currently 21.99% p.a.)
  • 10% cashback on Eligible Purchases made by both the Primary or Additional Cardholders in the first 6 months (up to $150)
  • Annual credit card fee of $55
  • Credit limits up to $20,000 subject to approval
  • No interest free days

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Resident or citizen of Australia

  • You have your personal details ready to complete the online application

Roland B Bleyer

Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

Something you need to know about this card? Ask a our credit card expert a question.

8 questions (showing the latest 10 Q&As)

Tammy

Tammy

2 January 2018
I receive single parent pension and family allowance, would I be able to get credit card?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    3 January 2018
    Hi Tammy, approval depends on a range of factors. Most importantly income v expenses, assets v liabilities and your credit history. You need good credit to apply and get approval. If you are putting away extra money each money this is a good sign that you have funds available to make extra payments. Bottom line, before you apply for any credit card, I would give there customer service a call to see if they accept your type of income.
Nkechi Bamidele Obilo I Joshua

Nkechi Bamidele Obilo I Joshua

25 July 2017
Please, I will like to speak to someone about a Suncorp product. my contact is 02-xxxxx Thanks.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 July 2017
    Hi Nikechi, I am currently overseas, what questions do you have about this Suncorp credit card?
Derek Rogger DeBono

Derek Rogger DeBono

28 January 2017
I would like to be a customer to suncorp bank and will be looking forward to being accepted.
Frank Bokor

Frank Bokor

8 June 2016
Hi, I'm thinking of doing a balance transfer from my Suncorp credit card to my Westpac bank account. I would like to close the Suncorp account and just have my Westpac account. Will it be possible to do?Thank you,Frank Bokor
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    9 June 2016
    Hi Frank, you cannot balance transfer from a credit card to a bank account. You can transfer, subject to credit approval, your Suncorp (issued through Citi) to a new Westpac credit card. Balance transfers typically are only available on new cards, therefore you would need to apply for new Westpac card such as the low rate.
bill ogilvie

bill ogilvie

3 April 2015
can my wife and I apply for one card and combine both our pension to qualify as one total.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 April 2015
    Hi Bill - these days most providers don't have joint credit card accounts. I know that BCU accept pensioners and might be worth a try. Have a look at this product.
Brodie

Brodie

4 March 2013
i called up suncorp regarding their credit cards but was transferred to citigroup. what is their relationship?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    5 March 2013
    Hi Brodie, Suncorp promotes and distributes this credit card on Citibank's behalf, so Citibank is the underwriter for this credit card. We've also written about the issuer/underwriter relationship more here.
Claudia Byrne

Claudia Byrne

26 February 2013
i haven't seen many suncorp branches around my area, could i possibly go to an Australia Post to do my banking?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 February 2013
    Hi Claudia, yes Suncorp allows customers to bank using Australia Post.
Emma Popovic

Emma Popovic

13 February 2013
I currently hold a Suncorp credit card and I'm looking to get this one too. Is this reasonable?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 February 2013
    Hi Emma - we aren't able to say what would be reasonable for your situation without knowing more, and that would be more like providing financial advice. What we can say, however, is that you would not be prevented from applying for a second Suncorp credit card so long as you have held your first card with them for more than 9 months. Be aware that this credit card has not applicable balance transfer rate either, so it would all depend on what you want the card for and what others you have been looking at. Hope that helps!

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