Suncorp Everyday Options
$0.00$0 monthly account keeping fees when you open a new account before 30 June 2019
Suncorp, RediATM
Visa Debit
Suncorp Everyday Options
$0.00$0 monthly account keeping fees when you open a new account before 30 June 2019
Suncorp, RediATM
Visa Debit
$0.00$0 monthly account keeping fees when you open a new account before 30 June 2019
Suncorp, RediATM
Visa Debit
Mozo Review Suncorp Everyday Options Review
Last updated: 26 February 2019.
What's hot:
Ability to create up to 9 high interest sub accounts
Up to 1.40% interest on sub accounts
$50 cashback when you open a new account by 31 March 2019 (conditions apply)
What's not:
$5 monthly account fee (waived for new accounts opened before 30 June 2019)
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 a special interest rate of 1.40%.
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 1.40% 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. However, there is a $5 monthly account keeping fee, although this will be waived if you open an account by 30 June 2019.
New account holders will also have the chance to get $50 cash back when they open a new Everyday Options Account and use Apple Pay at least five times before 31 March 2019.
Who it's good for:
Aussies who want greater flexibility with their bank accounts and can make use of the sub account feature.
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 24 April 2019. 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: 1.40% p.a. -
Rate for amounts deposited into linked Everyday Options sub-account.
Fees
-
$0.00
-
$0 monthly account keeping fees when you open a new account before 30 June 2019
-
Unlimited free transactions from own-bank ATM, EFTPOS, counter withdrawals, counter deposits, phone and internet
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$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
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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%
Customer Reviews
How are Suncorp bank accounts rated by the Mozo community?
Latest reviews of Suncorp Everyday Options
- Overall10/10
Pensioner and online A/Cs (E-Options)
Have been with them for approximately 18 years and have never ever had a problem with them. If...
Read full review
Have been with them for approximately 18 years and have never ever had a problem with them. If you asked for a complaint it would only be time spent in queue inside the bank for teller service. I can live with that.
Price10/10Features10/10Customer service10/10Convenience10/10Trust10/10Less
Ernest | Queensland
reviewed 5 months ago
- Overall10/10
No fees and brilliant customer service!
I love their options account because of all the accounts you can have under the umbrella of one...
Read full review
I love their options account because of all the accounts you can have under the umbrella of one main account. I have been using it for years. I have also recommended it to everyone I know, including my adult children when they started working as an easy way to budget their money and save/put money aside for their expenses. It is actually my budgeting tool as well. It really is the only account I need.
Price10/10Features5/10Customer service10/10Convenience0/10Trust10/10Less
Anna | Queensland
reviewed 6 months ago
- Overall10/10
I'm recommending them to my friends
Suncorp internet banking is easy to use, but needs more options, like the other banks.
Read full review
Suncorp internet banking is easy to use, but needs more options, like the other banks.
Price8/10Features8/10Customer service10/10Convenience10/10Trust10/10Less
Natasha | Queensland
reviewed 6 months ago
- Overall10/10
Wonderful customer service, always personable.
I have been with Suncorp for over 10 years and have found them to be amazing to deal with....
Read full review
I have been with Suncorp for over 10 years and have found them to be amazing to deal with. Anything I have needed from this bank has always promptly organised.
Price10/10Features10/10Customer service8/10Convenience10/10Trust10/10Less
Michelle | Queensland
reviewed 6 months ago
- Overall2/10
Room for improvement
Nice looking staff and uniforms but thats it.
Read full review
Nice looking staff and uniforms but thats it.
Price-1/10Features-1/10Customer service-1/10Convenience-1/10Trust-1/10Less
Bob | Queensland
reviewed 6 months ago
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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