Suncorp Clear Options Platinum Credit Card

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Suncorp Clear Options Platinum Credit Card
Terms and conditions apply
Bonus points
100,000
Purchase rate
20.99% p.a.
Reward points per $ spent
1.25
Annual fee
$129 p.a.

Our verdict

Offers 100,000 bonus Suncorp Credit Card Rewards Points and complimentary travel insurance, with a $129 annual fee.

The Suncorp Clear Options Platinum is a rewards credit card that also offers complimentary international travel insurance and interstate flight inconvenience insurance. With the current 100,000 bonus Suncorp Credit Card Rewards Points offer, you'd have enough points for $470 worth of Coles supermarket digital gift vouchers. It also offers point transfers to Velocity Frequent Flyer, Singapore Airlines KrisFlyer, Emirates Skywards and Flybuys – plus other rewards.

Pros

  • 100,000 bonus Suncorp Rewards Points offer
  • Earn 1.25 points per $1 spent, uncapped
  • Complimentary insurance covers including travel insurance, purchase protection and transit accident insurance

Cons

  • The purchase interest rate and cash advance rate are relatively high
  • A 3.4% international transaction fee applies for spending in a foreign currency

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews

When you apply for the Suncorp Clear Options Platinum and spend $4,500 on eligible purchases within the first 3 months, you'll score 100,000 bonus Suncorp Credit Card Rewards Points. Ongoing, you'll earn up to 1.25 points per $1 spent.

Details

Product details

Product Name Suncorp Clear Options Platinum Credit Card
Purchase rate p.a. Purchase rate p.a.20.99%
Interest-free days
Up to 44 days on purchases
Cash advance rate p.a. 21.99%
Min credit limit $6,000
Max credit limit $100,000
Card type Visa

Eligibility

Available to temporary residents No
Minimum income $35,000
Joint application No

Rewards

Rewards program Suncorp Bank Rewards Program
Bonus points 100,000
Rewards points per $ spent 1.25

Fees

Annual fee
$129
Minimum monthly repayment 2% of the closing balance or $25, whichever is greater
Late payment fee $30
Foreign currency conversion fee
3.4%
Cash advance fee 3.5% or $3.50, whichever is greater
Overseas cash advance fee 1.5% of the transaction amount (after conversion to Australian dollars)
Additional cardholder fee $0
Number of additional cardholders 4

How to apply

You can apply for the Suncorp Bank Clear Options Platinum online in around 10 minutes. Before you get started, make sure you meet the eligibility criteria and have all the relevant documents and details on hand.

Eligibility criteria

  • Minimum income. You need to earn at least $35,000 per year to apply for this card.
  • Residency. You must be an Australian citizen or permanent resident.

Card benefits

  • Bonus points offer. Earn 100,000 bonus Suncorp Credit Card Rewards Points when you spend $4,500 on eligible purchases within the first 3 months from card approval.
  • Suncorp Rewards or Qantas Points per $1 spent. Earn 1.25 Suncorp Rewards Points per $1 spent, uncapped. If you're a Qantas Frequent Flyer member, you can earn 0.5 Qantas Points per $1 spent, up to 4,000 points per statement period. With this card, eligible purchases cover most everyday transactions – including dining, travel, grocery and petrol spending. Transactions that don't earn points include BPAY payments, cash advances, balance transfers and government charges.

Rates & fees

  • Annual fee. The Suncorp Clear Options Platinum charges a standard annual fee of $129.
  • Purchase rate. A variable interest rate of 20.99% p.a. applies to purchases made on this card, which is on the higher end of the scale.

Your reviews

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