Exclusive Offer

Suncorp Clear Options Platinum Credit Card – Exclusive Offer

Last updated:  

Save money on interest with a 20-month balance transfer offer and a discounted first year annual fee.

Offer ends 30 September 2019

When you apply through Finder by 30 September 2019, you can transfer existing card debt and save on interest costs with 0% p.a. on balance transfers for the first 20 months with no balance transfer fee.

0% p.a.

Balance transfer rate

for 20 months with no balance transfer fee

20.74% p.a.

Purchase rate


Reward points

Per $ spent (Visa/Mastercard)

$49 p.a.

Annual fee

for the first year ($129 p.a. thereafter)


Product NameSuncorp Clear Options Platinum Credit Card - Exclusive Offer
Rewards ProgramQantas Frequent Flyer
Suncorp Bank Rewards Program
Balance Transfer Rate0% p.a. for 20 months
Balance Transfer Revert RateCash Advance Rate (21.99% p.a.)
Balance Transfer Limit80% of available balance
Purchase Rate20.74% p.a.
Annual Fee$49 for the first year ($129 thereafter)
Interest Free Period55 days
Cash Advance Rate21.99% p.a.
Minimum Credit Limit$6,000
Maximum Credit Limit$30,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3.4% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$35,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo


  • 0% p.a. on balance transfers for up to 20 months
  • Discounted annual fee of $49 for the first year
  • Complimentary travel insurance, purchase protection and transit accident insurance


  • $49 fee applies if you opt-in to Qantas Frequent Flyer program
  • The interest rates are relatively high, even for a platinum-tier card.
Rewards ProgramQantas Frequent Flyer
Suncorp Bank Rewards Program
Rewards Points per $ spent (Visa/Mastercard)1.25
Rewards Points per $ Cap (Visa/Mastercard)Uncapped
Annual Fee$49 for the first year ($129 thereafter)
Minimum Monthly Repayment2% of the closing balance or $30, whichever is greater
Late Payment Fee$30
Foreign Currency Conversion Fee (Visa/Mastercard)3.4% of transaction value
Cash Advance Fee3.5% or $3.50, whichever is greater
Overseas Cash Advance Fee1.5%
Additional Cardholder Fee$0
Number of Additional Cardholders4

Expert review

Sally McMullen

Review by

Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

This Suncorp Clear Options Platinum exclusive offer features a long-term, no fee balance transfer promotion, as well as a discounted first year annual fee. This, combined with platinum perks like complimentary international travel insurance makes it worth considering if you're looking to save on costs.

How to apply

You can apply for this credit card offer via finder.com.au in around 10 minutes. Check if you meet the eligibility criteria and that you have the necessary information to complete the application before you get started:

Eligibility criteria

  • Eligible balance transfer debt. Suncorp allows you to transfer up to 80% of your available credit limit from Australian credit cards and store cards not issued by Citi.
  • Income. You must earn an income of at least $35,000 per year.

Card benefits

  • Discounted annual fee. Save $80 with a discounted first year annual fee of $49 when you apply via Finder by 30 September 2019. The annual fee reverts to $129 p.a. in subsequent years.
  • Balance transfer offer. Apply via Finder by 30 September 2019 to take advantage of a 0% interest rate on balance transfers for up to 20 months, with no balance transfer fee. After the introductory period, any remaining balance is charged interest at the 21.99% cash advance rate.

Rates & fees

  • Interest rates. This card charges a variable interest rate of 20.74% p.a. on purchases. Cash advances will attract a variable rate of 21.99% p.a.
  • Interest-free days. If you pay your balance in full by the statement due date, you can get up to 55 days interest-free on purchases. Interest-free days do not apply to cash advance transactions or while you carry debt from a balance transfer.

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

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

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 Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.


  1. Default Gravatar
    August 15, 2019

    Hi, How I’m open new credit card?

    • AvatarStaff
      August 16, 2019

      Hi Thanh,

      Thanks for leaving a question on our page. It’s great to know that you are looking to apply for a Suncorp Credit Card. Start by reading the part of the page that says “HOW TO APPLY” to check the eligibility requirements of this card. The second step is to hit the GREEN GO TO SUNCORP button on top of the page. This will bring you to Suncorp’s website. Third, read about its features and benefits and see how it fits your financial needs. Additionally, it’s helpful to review the PDS and Terms & Conditions of the card before fully committing to the card. You may also reach out to the bank if you have any clarifications.

      Hope this helps and best of luck on your application.


      When you are read

  2. Default Gravatar
    March 26, 2019

    Hi can you please tell me what 60,000 bonus points as? As in convert to frequent flyer points or which points? Thanks

    • AvatarStaff
      March 27, 2019

      Hi RenHart,

      Thanks for getting in touch! You can get 60,000 Suncorp Rewards Points points when you spend $1,500 on eligible purchases each month made in Australia and internationally for 6 months from account approval. Bonus reward points will be credited to your Rewards Balance within 6-8 weeks of meeting the spend criteria. Eligible transaction means any purchase on the card excluding cash advances, balance transfers, special promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, payments to other Suncorp Bank accounts, bank fees and charges such as interest and ATM charges, transactions made using Points and government-related transactions.

      Hope this clarifies!


  3. Default Gravatar
    December 6, 2018

    If I apply and get approved and transfer say 10k and have an approved limit of 20k … if I make purchases on the card i understand that the 55 day interest free does not apply to those purchases. If I purchase 1 product in the first month worth $100, my debit balance is now 10,100. Is interest then charged on the 100 only – or the whole 10,100? Talking to someone at Suncorp they have told me the whole 10,100 but my read of the t’s and c’s that I can find is that it only applies to the 100. The 10k is still interest free for the 18 months.

    • AvatarStaff
      December 12, 2018

      Hi Matt,

      Thank you for your question.

      No, not the whole $10,100. The interest for your purchases will only be applied to your purchases. So for instance your card has a balance transfer offer with free interest, that will remain the same for the interest-free period. Your purchases, meantime, will be charged with interest if in case you won’t be paying in full by the due date. Unless your card offers 0% interest for both purchases and balance transfer for a limited time, then you won’t be charged interest (for both purchases and BT) within the promo period.

      Hope this has helped.


  4. Default Gravatar
    November 30, 2018

    Regarding the 60k bonus points above, are they frequent flyer points? Can they be transferred to Qantas points? I am already an existing Qantas FF member.

    • AvatarStaff
      December 6, 2018

      Hello Leanne,

      Thank you for your comment.

      No. Qantas is not a partner of the Suncorp credit card Rewards program. You may check more details of the Suncorp Bank Rewards program here.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  5. Default Gravatar
    May 9, 2018

    do you need to make monthly for the amount (balance transferred) before the 0% period ends? Or you just need to pay off the full amount before the 0% interest rate period ends? thanks

    • AvatarStaff
      May 9, 2018

      Hi Sahlee,

      Thanks for your message and for visiting finder.

      Yes, with the balance transfer, you can pay your balance on a monthly basis. For instance, you’re able to transfer $5,000 to the card, payable within 18 months without interest, the estimated monthly would be $5,000/18 = $277.78 per month. Please note that you can pay equal to or more than your monthly payment until your balance is paid off before the 18-month period ends. Any amount left on the card after 18 months will have a 21.99% interest rate.

      Hope this helps! Feel free to message us anytime should you have further questions.


  6. Default Gravatar
    August 2, 2017

    Are you able to do a balance transfer from 2 separate credit cards over to the 1 new one?
    Eg. Westpac CC and CBA credit card each have 5K debt on each, can each of these be transferred onto a Suncorp 0% balance transfer card?

    • AvatarStaff
      August 3, 2017

      Hi Tenielle,

      Thanks for your question.

      Yes, it is possible to transfer balances from multiple credit cards to a new balance transfer card. However, the total amount you can move depends on your approved and available credit limit on the new card.

      For Suncorp balance transfer cards, you can transfer balances from various brands, but excluding those issued by Citigroup (BOQ, IMB, Virgin Money, and Citi).

      For reference on where you can balance transfer to/from, you can check our guide here.


  7. Default Gravatar
    February 6, 2017

    What petrol stations can I use on my redeemed points.

    • AvatarStaff
      February 7, 2017

      Hi Peter,

      Thanks for your question.

      You can’t redeem your Suncorp Rewards points for fuel. However, you can redeem points for travel, gift cards, gadgets and more. For more details about Suncorp Rewards Program, please check this page


  8. Default Gravatar
    August 26, 2016

    Which banks offer the interest free rate on transfer of small loans?

    • AvatarStaff
      August 28, 2016

      Hi Sid,

      Thank you for your question.

      Just to clarify, are you referring to transferring your personal loan to a credit card? If so, Citibank and Virgin Money accept a balance transfer from personal loans to a credit card. Please feel free to visit this page and compare your balance transfer credit cards from these banks.

      Hope this has helped.


  9. Default Gravatar
    July 22, 2016

    If I use a Platinum Visa card to book my flights to Perth do I get travel insurance for
    interstate travel.

    • AvatarStaff
      July 22, 2016

      Hi Vicki,

      Thanks for your question.

      Based on the terms and conditions of your card, if you have a Suncorp Bank Clear Options Platinum Credit Card, you will be eligible for the Interstate flight Inconvenience Insurance cover if:

      – you used your card to pay for the entire cost of the return interstate flight (excludes taxes and airport and travel agent charges) prior to commencing the journey

      – where the travel is for 14 consecutive days or less

      For your convenience, I’ve sent you a link to the Suncorp Bank Credit Cards Description of Insurance Cover for your reference.

      I hope this answers your question.


  10. Default Gravatar
    February 12, 2016

    I am retired what evidence of credit worthiness do you need?

    • AvatarStaff
      February 12, 2016

      Hi Mike, thanks for your inquiry!

      If you’re retired, you need to provide your gross annual income (before tax and including super) and provide your most recent superannuation statement.



Ask a question
Go to site