In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

Suncorp Clear Options Business credit card

  • Avatar
Suncorp Clear Options Business Credit Card
Terms and conditions apply
Purchase rate
18.45% p.a.
Reward point per $ spent
1
Annual fee
$45 p.a.
Interest-free on purchases
Up to 55 days

Our verdict

Offers expense management tools and the option to earn rewards or Qantas Points but you’ll pay a yearly rewards fee as well as a $45 annual fee.

The Suncorp Clear Options Business Credit Card gives you a way to keep track of spending across the entire company, with up to 99 additional cards for employees. If you want to earn rewards, you can choose between earning 1 Suncorp Rewards point per $1 on eligible spending, or an equivalent 0.4 Qantas Points per $1. But keep in mind that there is a $20 yearly fee per card for Suncorp Rewards and a $69 yearly fee for the Qantas Points option.

Pros

  • This card comes with a low annual fee of $45
  • You'll get rewarded with 1 point per $1 on eligible business spending.
  • This card offers an interest-free period of up to 55 days on retail purchases.

Cons

  • The standard membership level of the Suncorp Rewards Program costs an extra $20 p.a. (per card) and the premium membership costs an extra $69 p.a. (per card).

In this guide

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

The Suncorp Clear Options Business credit card offers up to 55 days interest-free on purchases and additional cards for employees. You can also set individual monthly limits for each card, get separate statements and track overall account spending, which could help speed up accounting tasks. While it offers a choice of rewards, you can also choose not to earn any to keep account costs down.

Details

Product details

Product Name Suncorp Clear Options Business Credit Card
Purchase rate p.a.
Purchase rate p.a.
18.45%
Interest-free period
Up to 55 days on purchases
Cash advance rate p.a. 19.45%
Min credit limit $2,000
Max credit limit $250,000
Card type Visa

Eligibility

Available to temporary residents No
Joint application No

Rewards

Rewards program Suncorp Bank Rewards Program
Bonus points N/A
Rewards points per $ spent 1
Rewards points cap 80,000

Fees

Annual fee
Annual fee
$45
Late payment fee $30
Foreign currency conversion fee
Foreign currency conversion fee
3.4%
Cash advance fee 3.5% or $3.50, whichever is greater
Overseas cash advance fee 1.5%
Additional cardholder fee $45
Number of additional cardholders 99

How to apply

You can apply for the Suncorp Clear Options Business credit card in a branch or by calling the customer service team on 1300 628 578. Before you apply, make sure you meet the following eligibility requirements and have all the relevant documents and details on hand.

Eligibility criteria

  • Age. You must be at least 18 years old to apply.
  • Business requirements. Your business must have been operating for at least 2 years before you can apply for this card. You also need to be be the business owner, partner or company director and intend to use the account primarily for business spending.

Card benefits

  • Additional cards for employees. Add up to 99 additional cardholders to this account and set individual spending limits for each one. You can also get monthly statements issued separately to each additional cardholder.
  • Account management. Keep track of spending for each cardholder and across the entire account through Internet and mobile banking. You'll also get a monthly account statement that shows all of the transactions, which can help speed up accounting and budgeting tasks.

Rates & fees

  • Annual fee. An annual fee of $45 applies for each card linked to your Suncorp Clear Options Business credit card account.
  • Purchase rate. Purchases you make with this card attract an interest rate of 18.45% p.a.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Amy Finder

Editor

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Avatar

Karen

July 13, 2018

Can I access my Suncorp Clear Options Visa account online rather than waiting for the statement to be mailed?


Avatar

Joel Marcelo

July 13, 2018

Hi Karen,


Thanks for leaving a question on finder.


Yes. The easiest way to activate your card is via Suncorp Internet Banking. Register or log into Suncorp Internet Banking and go to Credit Card Services> Card Services> Card Activation/Deactivation. Alternatively, you can call them on their customer service hotline. You must activate your card and set up your PIN before you can start using it. If you are an additional card holder, the primary cardholder is required to activate their card first.


Cheers,

Joel


Show more Show less
Avatar

surendra

May 16, 2016

I try to create the Internet Banking. but I can not success to open.


Avatar

Sharon Sombrero Finder

May 16, 2016

Hi Surendra, thanks for your comment.


Online application requires a reliable internet connection and make sure that the uploaded attachments meet the specific file sizes. Otherwise, you may have entered some information incorrectly or there could’ve been an issue on their end. We would recommend that you contact Suncorp directly on 13 11 75 or visit their local branch to receive assistance with your application.


I hope this helps.


Thanks,


Sharon


Show more Show less
Avatar

Glen

August 11, 2015

What is the difference in rewards between the standard and premium rewards programme.


Avatar

Jonathan Finder

August 11, 2015

Hi Glen, thanks for your inquiry!


If you are a Suncorp credit card holder you are automatically enrolled into the rewards program. Standard and premium rewards options are available through this program. For more information on this rewards program please refer to the link I have sent to your email.


Cheers,


Jonathan


Show more Show less
Go to site