Sign up for a Suncorp Clear Options Platinum credit card and you’ll be able to choose from one of two rewards cards. With the Clear Options Platinum (Rewards) card you’ll earn 1.25 points for every $1 spent which can be redeemed via the Suncorp Bank Rewards program for rewards such as flights through the Velocity, Emirates Skywards or Krisflyer programs. Alternatively, upgrade to the Clear Options Platinum (Qantas) card for an additional $49 a year and you’ll be able to earn Qantas Points at a rate of 0.5 points for every $1 spent.
You can also snag triple rewards points on eligible purchases for the first six months after being approved for the card.
On top of the rewards schemes you’ll also be eligible for a number of complimentary insurance offers including international travel insurance, extended warranty and purchase protection, as well as the 24/7 concierge service.
The Suncorp Clear Options Platinum credit card comes with a $129 annual fee ($178 with the Qantas card) as well as a high 20.74% purchase rate and a $10 late payment fee, so you’ll want to pay off your balance in full. If you do pay off your balance in full each month you’ll be able to take advantage of the 55 interest free days.
Who it's good for:
The Suncorp Clear Options Platinum credit card is a great alternative for jetsetters looking for a choice in their rewards program while having access to a comprehensive range of insurance privileges to safeguard their travel and spending.
With its 0% balance transfer offer for the first 18 months, it’s also an attractive option for anyone with an existing card balance wanting to manage their debt. Just make sure you clear that debt during the introductory period, because the balance transfer rate reverts to the high 21.99% cash advance rate afterwards.
With a high purchase rate of 20.74% you’ll want to be sure to pay off your balance in full each month, especially with the $10 late payment fee.