In this guide

  • Our verdict
  • Details
    • Key Details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask a question
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Suncorp Everyday Options Account

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Suncorp Everyday Options Account
Account keeping fee
$0
ATM withdrawal fee
$0
Overseas ATM withdrawal fee
$0

Our verdict

Link up to 9 sub-accounts to your Everyday Options Account to help you manage your budget and different expenses.

This is an everyday transaction account with no monthly account keeping fees. You can use your Visa Debit Card to make free ATM withdrawals at all Suncorp, Westpac, NAB, ANZ and CBA ATMs in Australia, and you can also link it to Apple Pay, Google Pay. If you’re planning to use the card overseas, there's also no international transaction fee and no ATM withdrawal fee by Suncorp (the ATM operator fees may still apply though).

What’s most unique about this account is that you can link up to 9 mini sub-accounts which don't charge any account fees. This means you can put some of your money in different sub-accounts to help you budget, for example having different sub-accounts for different bills and expenses. You’re not penalised for moving money out of the sub-accounts either, so you can set up direct debits for recurring bills.

Pros

  • No account keeping fees
  • Link up to 9 sub-accounts
  • Use the sub-accounts to help you save for individual goals
  • Make contactless purchases with Google Pay and Apple Pay

In this guide

  • Our verdict
  • Details
    • Key Details
    • Eligibility
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

The Everyday Options account acts as your transaction account for day-to-day spending. You can also link up to 9 sub accounts, which act as mini individual bank accounts and charge no account fees.

Details

Key Details

Product Name Suncorp Everyday Options Account
Monthly account fee $0
Card access Visa
Own network ATM fee $0
International transaction fee 0%
Monthly deposit required to waive account fee N/A
Contactless Payments Apple Pay, Google Pay

Eligibility

Minimum Age 11
Joint account availability Yes
Minimum opening deposit N/A
Residency status Permanent Australian residents with an Australian address

Congratulations, Suncorp!

Suncorp received the following highly commended awards in the 2024 Banking Product Awards:

  • 'Transaction Accounts'
  • 'Travel Debit Card'
Full list of 2024 winners

Key features

Picture not described

$0 monthly account keeping fee

This account charges no monthly account keeping fees.

Link up to 9 sub-accounts

You can have up to 9 separate sub-accounts that are linked to your main account. These separate accounts do not incur any extra account keeping fees.

You can use these accounts to save for individual savings goals and manage your budget, for example one could be used to save towards your next holiday and one could be used to save for a new car. When your salary is deposited into your main Everyday Options Account, you can opt to have some of it automatically redirected into your sub-accounts (this feature is set by you).


How to apply

You can apply online for the Suncorp Everyday Options account in a matter of minutes.

Eligibility

  • Minimum age. Account holders must be a minimum of 11 years of age.
  • Residency requirements. You need to be a permanent resident of Australia for tax purposes with a legal Australian residential address.

Your reviews

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Ask a question

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Alison Finder

Editor

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Shyama

January 03, 2024

Can I go to Suncorp branch physically to open the account. Will I get the card immediately.

Thanks, Binthi


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Sarah Megginson Finder

January 05, 2024

Hi Shyama, No, even if you go into a branch, it usually takes 5-7 business days to process and send your card out to you. If you go into the branch you can access personalised customer service and get your account up and running swiftly. You should be able to start using the account (ie transferring money in or out) as soon as it is set up, although keep in mind, some banks enforce a 24-hour delay when transacting with a newly-opened account.


Hope this helps!


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Roberto

August 30, 2023

Is the debit card ETFPOS enabled card? (withdraw cash at supermarket for example


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Raj Lal Finder

August 30, 2023

Hi Roberto,

You can withdraw cash from the debit card. It all depends on the super market and if they allow for it.


Thanks

Raj


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Kathy

August 04, 2023

My Father-in-law has arrived from South Africa, he will be living in Australia with us for 12 months or 24 months if he wants to. He’d like an account with a card to use online and do money transfers to and from South Africa. Is this suitable for him? He only has a South African Driver’s Licence and Passport.


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Raj Lal Finder

September 18, 2023

Hi Kathy,


We won’t be able to provide personalised recommendations.


Based on the ID requirements found here (https://www.suncorp.com.au/content/dam/suncorp/bank/documents/personal/help-and-support/acc-opening-and-application-requirements.pdf) from the Suncorp website, he should be able to open an account with the drivers licence and passport.


We also have a dedicated page on which accounts non Australian residents can open here https://www.finder.com.au/foreigners-open-a-bank-account-in-australia .


Thanks

Raj


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Ben

July 31, 2023

I am going to the USA this year and would like to find a card with no international transaction fees.


i have a Suncorp Everyday options account and card. Do i understand correctly that i can use this card overseas with no transaction fees?


i.e it will only deduct the USD amount from my account?


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Alison Banney Finder

August 01, 2023

Hi Ben, that’s correct, this account doesn’t charge international currency conversion fees.


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tara

June 07, 2023

Can a sub account have a weekly direct debt taken from it and external funds deposited into it?


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Alison Banney Finder

June 08, 2023

Hi Tara, yes you can set up recurring payments from your sub account like you would a regular account.


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