Credit Card Comparison
|Standard Interest Rate||20.74% p.a.||20.50% p.a.||12.74% p.a.||18.45% p.a.|
|Balance Transfer||0% p.a for 18 months*||-||0% p.a. for 14 months#||--|
|Cash Advance Rate||21.99% p.a.||21.99% p.a.||21.99% p.a.||19.45% p.a.|
|Interest Free Period++||Up to 55 days interest free on retail purchases||Up to 55 days interest free on retail purchases||No interest free days||Up to 55 days interest free on retail purchases|
|Maximum Credit Limit**||$30,000||$25,000||$20,000||--|
|Minimum Credit Limit||$6,000||$5,000||$2,000||$2,000|
|Card Types||VISA only||VISA only||VISA only||VISA only|
|Minimum Income Requirement||$35,000 p.a.||$30,000 p.a.||$25,000 p.a.||$35,000 p.a.|
|Visa Entertainment Offers|
|Suncorp Bank Rewards program||1.25 Reward points per $1 spent||1 Reward point per $1 spent up to $1,500 p/m, 0.5 points per $1 spent thereafter||$20 Standard Rewards Membership fee per card issued $69 Premium Rewards Membership fee per card issued|
|Suncorp Travel Centre|
|Voucher, Gift Certificates & Merchandise Rewards|
|Cash Back Rewards|
|Qantas Frequent Flyer option||Optional - $49 p.a. Suncorp Qantas Frequent Flyer||Available on Premium Rewards only|
|Qantas Frequent Flyer earn rate||0.5 Qantas Frequent Flyer points for every $1 spent||N/A||N/A||Redeem 2 Suncorp Rewards points for 1 Qantas Frequent Flyer point|
|Complimentary Personalised Rewards|
|Complimentary International Travel Insurance+|
|Emergency Card Replacement within 24 hours (Australia)|
|24/7 Customer Service|
* Fees, charges and credit criteria apply. Terms and conditions apply and are available on request. Existing Suncorp Bank Credit Cardholders are not eligible to apply for this introductory offer.
* Your total balance transfers may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer at point of application, for a period of 18 months from the date the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the Annual Percentage Rate for Cash Advances, currently 21.99% p.a. for the Suncorp Clear Options Platinum card. Interest rates are variable and subject to change. The 0% p.a. balance transfer interest rate will not be valid for transfers from other Citigroup or Suncorp Credit Cards. The interest rates are current as at 01/07/2016. This offer ends 31/01/2017.
# Your total balance transfers may not exceed 80% of your credit limit. The 0% p.a. interest rate applies to balances transferred with this offer at point of application, for a period of 14 months from the date the balance transfer is processed. At the end of the balance transfer period, the interest rate on any outstanding transferred balance will revert to the Annual Percentage Rate for Cash Advances, currently 21.99% p.a. for the Suncorp Clear Options Standard card. Interest rates are variable and subject to change. The 0% p.a. balance transfer interest rate will not be valid for transfers from other Citigroup or Suncorp Credit Cards. The interest rates are current as at 01/07/2016. This offer ends 31/01/2017.
+ For any claims lodged on or after 1st May 2016, Complimentary Insurance is issued and managed by AGA Assistance Australia Pty Limited (trading as Allianz Global Assistance) (AFSL No.245631 ABN 52 097 227 177), 74 High Street, Toowong QLD 4066 on behalf of the insurer Allianz Australia Insurance Limited (AFSL No. 234708 ABN 15 000 122 850), 2 Market Street, Sydney NSW 2000, and is subject to Terms, Conditions and exclusions, some limits and excess may apply.
For any claims lodged prior to 1st May 2016, Complimentary Insurance is provided automatically to cardholders under a master agreement between Zurich Australian Insurance Limited ABN 13 000 296 640, AFSL No. 232507 and Citigroup Pty Limited, and issubject to Terms, Conditions and exclusions, some limits and excess may apply.
++ The maximum 55 days interest free period applies when you pay your balance off in full (including any balance transfer amounts) for two consecutive months. If you carry a balance on your credit card from month to month, the 55 days interest free period does not apply and you are charged interest once you make a purchase. No interest free period is available on Cash Advances or Balance Transfers.
**Actual Credit Limit will be assigned based on Citigroup’s Credit Criteria, your credit rating and subject to confirmation that you earn a minimum of $25,000 p.a. for a Suncorp Bank Clear Options Standard card, $30,000 p.a. for a Suncorp Bank Clear Options Gold card, or $35,000 p.a. for the Suncorp Bank Clear Options Platinum Visa card.
Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098, Australian credit licence 238098 (“Citigroup”) is the credit provider and issuer of Suncorp Clear Options Credit Cards. Suncorp-Metway Ltd ABN 66 010 831 722, Australian credit licence 229882 (“Suncorp Bank”) promotes and distributes Suncorp Bank Clear Options Credit Cards on Citigroup’s behalf under an agreement with Citigroup. Suncorp Bank will not guarantee or otherwise support Citigroup’s obligations under the contracts or agreements connected with the Credit Cards (other than those relating to Suncorp Bank internet banking and telephone banking). Suncorp Bank has not assisted you to make this application and does not suggest you apply for any particular Suncorp Bank Clear Options Credit Card type. Citigroup, not Suncorp Bank, will be assessing your application.
All Rewards are subject to the Terms and Conditions of the Suncorp Bank Rewards Program. Cash advances, balance transfers and certain other transactions do not earn Reward points.