What is a sweep? How does a sweep work?

A 'sweep' is an automatic transfer between your accounts to maintain a minimum balance that helps reduce your risk of overdrawing your account and having a payment dishonoured.

A sweep works by transferring money from a nominated account to prevent another Suncorp Bank account from overdrawing when a direct debit is made or cheque is presented, provided you have sufficient funds in your other account.
You may be charged a 'sweep’ fee of only $1.50 per sweep ('sweeps' are free on our Everyday Options account) compared with the Payment Honour Fee. You can organise a 'sweep ' by visiting a branch.