Suncorp Clear Options Standard Credit Card

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Save with a low interest rate and competitive annual fee with the Suncorp Clear Options Standard Credit Card.

The Suncorp Clear Options Standard offers features to help you cut your card costs. It boasts a low 12.74% p.a. interest rate on purchases, a $55 annual fee as well as the conveniences you'd usually expect from a Visa credit card.

12.74% p.a.

Purchase rate

$55 p.a.

Annual fee

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Details

Product NameSuncorp Clear Options Standard Credit Card
Purchase rate12.74% p.a.
Annual fee$55
Cash advance rate21.99% p.a.
Min credit limit$2,000
Max credit limit$20,000
Card typeVisa
Foreign currency conversion fee3.4%
Minimum income$25,000
Available to temporary residentsNo
Joint applicationNo

Pros

  • A low interest rate on purchases provides you with more freedom when you are unable to make repayments in full.
  • This card allows up to 4 additional cardholders.

Cons

  • There are no interest-free days on purchases. This means you will be charged interest from the day you make a purchase on your card.
Annual fee$55
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3.4%
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 a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The Suncorp Clear Options Standard is a low cost, no-frills card that offers a 12.74% p.a. purchase rate and a competitive annual fee. However, you should consider how you’re going to use the card before you apply.

How to apply

You can apply for the Suncorp Clear Options Standard credit card online in around 10 minutes. Before you start, check if you meet the eligibility requirements and have the necessary information to complete the application.

Eligibility criteria

  • Income. You must earn at least $25,000 p.a.
  • Residency. This card is available to permanent Australian residents.

Card benefits

  • Low purchase rate. This card charges a 12.74% p.a. purchase interest rate, which could help you save compared to other cards with higher interest rates.
  • Visa Entertainment. This Visa service provides cardholders with exclusive access to a range of sports, travel and entertainment offers.

Rates & fees

  • Annual fee. This card charges a $55 annual fee.
  • Cash advance interest rate. A variable interest rate of 21.99% p.a. is applied when you use your credit card for cash advance transactions, such as ATM withdrawals. A cash advance fee of 3.5% of the transaction amount (minimum $3.50) will also apply.

Ask an expert

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36 Comments

    Default Gravatar
    raeleen
    February 14, 2019

    Clear Options credit card – are there any reward points?

      Avatarfinder Customer Care
      Charisse
      February 20, 2019

      Hi Raeleen,

      Thanks for contacting Finder.

      Suncorp Clear Options Standard credit card does not let you earn reward points however, it gives you 10% cashback on eligible purchases made by both the primary or additional cardholders in the first 6 months (up to $150).

      You can consider Suncorp Clear Options Gold and Platinum credit cards instead, if you want to earn reward points.

      I hope this helps.

      Cheers,
      Charisse

    Default Gravatar
    Ivo
    October 18, 2018

    Need to talk to someone re best 0% balance transfer

    regards
    Ivo

      Avatarfinder Customer Care
      John
      October 18, 2018

      Hi Ivo,

      Thank you for leaving a question.

      You have reached finder, we are a comparison website that provides assistance to our users on financial choices. If you wish to contact Suncorp, you may call them at 13 11 55. But if you want to check on balance transfer cards available for comparison, please click on this link. Hope this helps!

      Cheers,
      Reggie

    Default Gravatar
    Peter
    August 29, 2018

    I am looking to pre-purchase domestic accommodation for early 2019. Does this credit card offer insurance if I can’t attend?

      Avatarfinder Customer Care
      Joshua
      August 29, 2018

      Hi Peter,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Suncorp Clear Options Standard Credit Card does not come with a complimentary travel insurance.

      To find the alternative options, please go to this page to find a list of credit cards that come with complimentary travel insurance. On that page, you will see a table that allows you to conveniently compare your options. Once you find the right one for you, click on the “Go to site” green button to learn more or initiate your application.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

    Default Gravatar
    Locky
    December 17, 2017

    Hi,

    I recently applied for this card and was approved. Can you honestly say is this card a good option. I really only need for pre authorized deposits on my holiday and won’t be needing to access the funds for anything else? Is 12% percent interest charge good?

      Avatarfinder Customer Care
      Rench
      December 20, 2017

      Hi Locky,

      Thanks for reaching out to us. Please note that we are not affiliated with Suncorp Clear Options or any company we feature on our site and so we can only offer you general advice.

      Whilst we cannot recommend a specific credit card or say what is best, you can also check this page for a list of credit cards with low interest rates that you can compare. You may also get helpful tips on how to choose/compare credit cards.

      Cheers,
      Rench

    Default Gravatar
    Disne
    November 2, 2016

    I have a suncorp visa credit card to the value of $2000 . I wish to find out if I can get an extension on that amount , perhaps to $ 7000.
    I have been with this bank for over thirty years and I do have a 98.9 credit rating . I would appreciate a reply at your earliest.
    Thanking you Di

      Avatarfinder Customer Care
      Dee
      November 2, 2016

      Hi Disne,

      Thanks for reaching out.

      Please note that finder.com.au is a financial information service that helps consumers make better decisions. We do not represent Suncorp.

      With Suncorp, you must be holding your credit card for at least 9 months to be able to be able to request an increase in credit limit. You can do it by visiting a local branch or calling them on 13 11 75.

      Cheers,
      Anndy

    Default Gravatar
    michael johnson
    June 16, 2016

    if I am successful in obtaining credit card can I balance transfer my sons ANZ balance. Thanks!

      Avatarfinder Customer Care
      Dee
      June 16, 2016

      Hi Michael,

      Thanks for your question.

      Unfortunately, Suncorp Bank does not allow balance transfer between two people’s names. However, there are other banks listed here that allow that. Once you have identified the bank, it is then easier to choose a suitable balance transfer credit card.

      I hope this helps.

      Cheers,
      Anndy

    Default Gravatar
    Mark
    June 1, 2016

    Hi, I am looking to get a credit card and has recently knocked back on one from one of the 4 major banks. I have an average credit score (mid 500’s), a car loan, and a paid default which was paid 18 mths ago, and have a good income. On inquiring with the bank they would not elaborate on their credit policy, and would not give any more info order than referring me to Veda, which I have already had full access to anyway. Could you please recommend any providers which would find the above acceptable, or would at discuss my application more openly?

      Avatarfinder Customer Care
      May
      June 3, 2016

      Hi Mark,

      Thank you for reaching out and I’m sorry to hear about your declined application.

      Generally, credit card companies would not really provide details to their applicants as to why their applications are rejected. If you’d like to know what are possible reasons for declined credit applications, please feel free to visit this page.

      In the meantime, it may not be advisable that you submit a credit card application right after the other as that could negatively affect your credit rating and would only lead to further rejection of your future applications. As defaults and credit applications will stay on your credit file for a period of 5 years, you’d be best if you will start improving your credit score as soon as possible.

      Nevertheless, if you still want to have a card, a good alternative is to apply for a prepaid credit card.

      I hope this has helped.

      Cheers,
      May

    Default Gravatar
    surendra
    May 16, 2016

    How do I apply for the credit card application.

      Avatarfinder Customer Care
      Sharon
      May 16, 2016

      Hi Surendra, thanks for your comment.

      Please refer to the application page I have sent to your email.

      I hope this helps,

      Sharon

    Default Gravatar
    Sue
    January 20, 2016

    I already have a Suncorp Visa card with the balance transfer option how do I apply the balances from others credit cards ? Thanks Sue

      Avatarfinder Customer Care
      Ally
      January 20, 2016

      Hi Sue!

      Thanks for reaching out.

      Kindly note that finder.com.au is an online comparison service and does not represent any credit card issuer such as Suncorp Bank.

      For a step by step advise on how to make a balance transfer from a card that belongs to another financial institution (excluding Citigroup) to your Suncorp account, you may contact Suncorp’s team directly through the contact number sent to your email.

      You might also want to clarify with them if you’re still eligible for the offer since it is stated on their bank page that “Existing Suncorp Bank Credit Cardholders are not eligible to apply for introductory offers.”

      I hope this has helped.

      Cheers,
      Ally

    Default Gravatar
    jaci
    August 1, 2015

    Hello,
    I have been advised you do ‘credit to self’ 0% balance transfers?

      Avatarfinder Customer Care
      Jonathan
      August 3, 2015

      Hi Jaci, thanks for your inquiry!

      Could you please clarify what ‘credit to self’ provides? Balance transfers allow a user to transfer an outstanding credit balance to a new credit card. You may like to compare balance transfer offers on this page.

      Cheers,

      Jonathan

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