Suncorp Everyday Options
Suncorp Everyday Options
Mozo Review Suncorp Everyday Options Review
Last updated: 13 January 2020.
What's hot:
Ability to create up to 9 high interest sub accounts
Up to 0.55% interest on sub accounts
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 a special interest rate of 0.55%.
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 0.55% 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.
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 27 January 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: 0.55% p.a. -
Rate for amounts deposited into linked Everyday Options sub-account.
Fees
-
$0.00
-
Special offer of $0 monthly account keeping fees when you open a new account
-
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, Samsung Pay
Customer Reviews
How are Suncorp bank accounts rated by the Mozo community?
Latest reviews of Suncorp Everyday Options
-
Great customer service.
Awesome bank. Great customer service.
Read full reviewAwesome bank. Great customer service.
Price10/10Features10/10Customer service10/10Convenience10/10LessTrust10/10 -
Customer focused organisation.
The family has banked with Suncorp for over 35 years and have always found them very interested in customer service. They have helped us through tough times and good ones and never faulted.
Read full reviewThe family has banked with Suncorp for over 35 years and have always found them very interested in customer service. They have helped us through tough times and good ones and never faulted.
Price9/10Features9/10Customer service10/10Convenience9/10LessTrust10/10 -
Sub accounts excellent to transfer between account
Easy online banking app with sub accounts to transfer funds between accounts.
Read full reviewEasy online banking app with sub accounts to transfer funds between accounts.
Price8/10Features9/10Customer service9/10Convenience10/10LessTrust10/10 -
Great online features, excellent ease of use.
Very few outlets in NSW, which makes it difficult to recommend even though the service is quite good.
Read full reviewVery few outlets in NSW, which makes it difficult to recommend even though the service is quite good.
Price7/10Features7/10Customer service5/10Convenience5/10LessTrust8/10 -
Great Institution.
Before I retired I worked for Suncorp. I trusted them then and I trust them now.
Read full reviewBefore I retired I worked for Suncorp. I trusted them then and I trust them now.
Price10/10Features10/10Customer service10/10Convenience10/10LessTrust10/10
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.
Promoted
Suncorp
Everyday Options
$0.00Special offer of $0 monthly account keeping fees when you open a new account
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
Promoted
MyState Bank
Everyday Account
$6.00$0 monthly account fee if you deposit min. $2,000 per month or are under 23 years.
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
Promoted
UBank
USaver Ultra Transaction Account
$0.00
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
0% p.a.
Promoted
Bankwest
Hero Transaction Account
$6.00$0 monthly account fee if you deposit min. $2,000 per month
Apple Pay, Google Pay, PayID, Payment Ring
0.75% p.a.
Promoted
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
