Suncorp

Suncorp Clear Options Gold

Purchase rate

20.50% p.a.

Balance transfer rate

No current offer

Annual fee

$120

Rewards program

Suncorp Rewards

Suncorp Clear Options Gold

Purchase rate

20.50% p.a.

Balance transfer rate

No current offer

Annual fee

$120

Rewards program

Suncorp Rewards

Details

Details

Rewards program details

What your points get you

Fly Sydney to London return

299,000 points

Fly Sydney to Melbourne one-way

19,500 points

$100 Giftcard

20,900 points

$100 Cash

40,000 points

Points earning

1 point per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped

Rewards scheme

Redeem your points for travel, gift cards, retail rewards and shopping gift cards.

You can redeem flights via Velocity, Emirates Skywards or Krisflyer programs or by booking through the Suncorp Travel Centre.

Value of rewards points

Earn $100 cash back reward

Spend $62,000 (Visa)

Earn $100 gift card reward

Spend $23,800 (Visa)

Earn domestic flight: Sydney-Melbourne one-way reward

Spend $21,000 (Visa)

Earn international flight: Sydney-London return reward

Spend $580,000 (Visa)

Are points capped?

Uncapped

Do points expire?

Never

How do we calculate these points?

How do we calculate the rewards?

To work out the "Rewards value minus fees" in our Rewards Revealer we:

calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.

More details:

Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.

Rate and fee details

Rates

Purchase rate

20.50% p.a.
Intro purchase rate

none
Balance transfer rate

No current offer
Balance transfer revert to cash

none
Cash advance rate

21.99% p.a.
Interest free days

55

Fees

Annual card fee

$120.00
Introductory annual fee

none
Annual fee spend threshold

none
Reward program fee

none
Late payment fee

$10.00
Cash advance fee

3.50%, min $3.50
Foreign exchange margin

3.40%
Duplicate statement fee

$14.00
Transaction verification fee

$14.00
Additional card fee

$0.00

Features

Minimum repayment amount

$30.00
Minimum repayment percent

2.0
Additional cardholders

4
Other restrictions

none

Payment options

Apple Pay, Google Pay, Samsung Pay

Rewards privileges

Purchase Protection,
Guaranteed Pricing

Customer Reviews

How are Suncorp credit cards rated by the Mozo community?

Overall customer rating

6.7/10

Based on 413 Suncorp credit card reviews

Price

6.1/10

Features

5.8/10

Customer service

6.7/10

Convenience

7.1/10

Trust

6.8/10

Latest reviews of Suncorp Clear Options Gold

Overall

5/10

Customer service is good but fees are too high

Overall service is good and the staff are pleasant. The fees are way too high for the type of...

Read full review

Overall service is good and the staff are pleasant. The fees are way too high for the type of service they provide.

Price

0/10

Features

-

Customer service

-

Convenience

-

Trust

-

Less

Sue | Queensland

reviewed over 1 year ago
Overall

6/10

Always ask

Suncorp does try to reward customers with multiple products

Read full review

Suncorp does try to reward customers with multiple products

Price

6/10

Features

5/10

Customer service

9/10

Convenience

7/10

Trust

5/10

Less

Lisa | Queensland

reviewed about 3 years ago
Overall

7/10

Very trusting.

Rates aren't great as we probably need to review them. Also they have just changed the rewards...

Read full review

Rates aren't great as we probably need to review them. Also they have just changed the rewards program. Not good now.

Price

4/10

Features

3/10

Customer service

6/10

Convenience

9/10

Trust

9/10

Less

Cynthia | Queensland

reviewed about 3 years ago
Overall

7/10

Good customer service, high annual credit card fee

$120 card fee per year just to link it to a rewards program such as Qantas Frequent Flyer - does...

Read full review

$120 card fee per year just to link it to a rewards program such as Qantas Frequent Flyer - does seem excessive. I think they should reward long time customers with great fee reductions or benefits, particularly in this very competitive space.

Price

5/10

Features

8/10

Customer service

8/10

Convenience

9/10

Trust

8/10

Less

Rhian | Victoria

reviewed over 3 years ago
Overall

10/10

No annual fees.

I currently have no annual fees charged as I have a home loan with Suncorp.

Read full review

I currently have no annual fees charged as I have a home loan with Suncorp.

Price

10/10

Features

10/10

Customer service

10/10

Convenience

10/10

Trust

10/10

Less

John | Victoria

reviewed over 3 years 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.

See Suncorp credit cards

Promoted

Qantas Money

Qantas Premier Platinum

balance transfer rate

0% p.a. for 18 months and then 21.99% p.a.

purchase rate

19.99% p.a.

annual fee

$299 $149 in the first year

Suncorp Clear Options Gold

Rewards program details

What your points get you

Points earning

Rewards scheme

Value of rewards points

How do we calculate the rewards?

Rate and fee details

Rates

Fees

Features

Payment options

Rewards privileges

Customer Reviews

How are Suncorp credit cards rated by the Mozo community?

Overall customer rating

Latest reviews of Suncorp Clear Options Gold

Customer service is good but fees are too high

Always ask

Very trusting.

Good customer service, high annual credit card fee

No annual fees.

About Suncorp