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Suncorp Everyday Options

Account fee
$0.00
Payment options
Apple Pay, Google Pay, PayID
Interest rate
0.01% p.a.
Go to site

Mozo editorial review Suncorp Everyday Options

Last updated: 30 March 2020.

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What's hot
  • Ability to create up to 9 sub-accounts
  • An interest rate of 0.10% p.a. on each sub-account
What's not
  • Standard interest paid half-yearly
Mozo snapshot

The Suncorp Everyday Options account is a convenient everyday bank account with a difference. This account has a range of flexible options to help you to manage your day to day financial needs, including the ability to link up to nine sub-accounts that all earn interest and can be put towards different goals, each of which can earn you an interest rate of 0.10% p.a.

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Key features

The Everyday Options’ interest rate on balances from $1 it is 0.01% however, for Suncorp customers, balances from $1 will be able to receive up to 0.10% interest on up to nine linked Everyday Options sub accounts.

When money is deposited into your main account, you’ll be able to set up an automatic transaction feature and have your money transferred into as many sub-accounts as you would like. You’ll also get unlimited transactions from Suncorp and RediATMs, as well as free EFTPOS, phone, internet banking, as well as branch access.

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Who is it good for

Aussies who want greater flexibility with their bank accounts and can make use of the sub-account feature.

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Any catches

The Everyday Options Account may not be the most ideal option to use on your next overseas adventure as there is a 3.00% foreign exchange rate and a $5 overseas ATM fee.

Details

Rates and fees information correct as at 19 September 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Balances from $0: 0.00% p.a.
    Balances from $1: 0.01% p.a.

  • Balances from $0: 0.00% p.a.
    Balances from $1: 0.10% p.a.

  • Rate for amounts deposited into linked Everyday Options sub-account.

Fees
  • $0.00

  • n/a

  • Unlimited free transactions from own-bank ATM, EFTPOS, counter withdrawals, counter deposits, phone and internet

  • $0.00

  • Suncorp, RediATM

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $5.00

  • 3.00%

  • $0.00 monthly

Other financial bits
  • $0.00

  • $0.00

Features
  • $1,000.00

  • no

  • no

  • yes

  • yes

  • yes

  • yes

  • yes

  • Standard interest paid half-yearly. Special interest on sub-account paid monthly

  • Can link to Everyday Options Sub-account and flexiRates for higher variable interest rates

Atm card
  • none

  • none

  • none

Debit card
  • $5.00

  • $0.00

  • 3.00%

Payment options

Apple Pay, Google Pay, PayID

Customer Reviews

How are Suncorp bank accounts rated by the Mozo community?

Overall
7.9/10
Price
7.3/10
Features
6.9/10
Customer service
8.1/10
Convenience
7.9/10
Trust
8.1/10

Latest reviews of Suncorp Everyday Options

  • Overall 5/10
    Average

    Overall reasonably satisfied. Customer service very good. Interest rates are lousy.

    Read full review

    Overall reasonably satisfied. Customer service very good. Interest rates are lousy.

    Price
    3/10
    Features
    6/10
    Customer service
    10/10
    Convenience
    6/10
    Trust
    6/10
    Less
    Carol, New South Wales reviewed 19 days ago
  • Overall 8/10
    Great service.

    Brilliant bank with sub accounts which help us a lot.

    Read full review

    Brilliant bank with sub accounts which help us a lot.

    Price
    8/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    7/10
    Trust
    7/10
    Less
    Natalie, Queensland reviewed 24 days ago
  • Overall 10/10
    Trustworthy

    I don't do a lot of Banking, only my day to day account. I have found the Staff at Suncorp very friendly and helpful at all times and I have no intention of changing any time soon.

    Read full review

    I don't do a lot of Banking, only my day to day account. I have found the Staff at Suncorp very friendly and helpful at all times and I have no intention of changing any time soon.

    Price
    9/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    9/10
    Less
    Elvira, Queensland reviewed 25 days ago
  • Overall 10/10
    Brilliant service, Suncorp is THE bank to go with!

    I’ve been with Suncorp for 15 years, never had any issues. When my card has broken they’ve replaced it, when I’ve had any problems with payment disputes they have been brilliant. I have multiple online accounts to organise my money and they all took about 5 minutes to set up online through the online banking website - very easy and so helpful! In branch staff are always cheerful and ready to help. Great service on the call lines when needed. Banking app always works well and easy to navigate.

    Read full review

    I’ve been with Suncorp for 15 years, never had any issues. When my card has broken they’ve replaced it, when I’ve had any problems with payment disputes they have been brilliant. I have multiple online accounts to organise my money and they all took about 5 minutes to set up online through the online banking website - very easy and so helpful! In branch staff are always cheerful and ready to help. Great service on the call lines when needed. Banking app always works well and easy to navigate.

    Price
    10/10
    Features
    8/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Jordan, Queensland reviewed about 1 month ago
  • Overall 8/10
    Excellent service

    I get good customer service and my account meets my everyday requirements.

    Read full review

    I get good customer service and my account meets my everyday requirements.

    Price
    8/10
    Features
    8/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    8/10
    Less
    Reg, Queensland reviewed about 1 month ago
Suncorp

About Suncorp

From small beginnings as a Queensland agricultural bank, Suncorp has grown to become Australia's sixth largest bank. Today Suncorp provides term deposits, savings accounts, home loans, personal loans and other financial services to over 800,000 customers through 178 retail outlets, 680 ATMs, 46 Business Centres, online banking and 24-hour call centres. Suncorp's branches are spread mainly throughout Queensland, Victoria and New South Wales, but are expanding into other states.

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