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Suncorp Bank Platinum Card (Qantas Rewards)

  • Bonus Points
  • Samsung Pay
  • Balance transfer
Bonus Points

Earn 40k Bonus Qantas Points With $4.5 k Spend in 3 Months ($49 p.a. to Earn Qantas Points). 0% p.a. for 12 months on balance transfers - reverts to cash advance rate. T&Cs apply.

Purchase rate p.a.

20.74%

Balance transfer rate

0%

Annual fee

$178

Suncorp Bank Platinum Card (Qantas Rewards)

  • Bonus Points
  • Samsung Pay
  • Balance transfer

Purchase rate p.a.

20.74%

Balance transfer rate

0%

Annual fee

$178

RateCity says

"Earn Qantas frequent flyer points and benefit from concierge services, travel insurance and free supplementary cards with this Visa credit card."

Pros and Cons

For Suncorp Bank Platinum Card (Qantas Rewards)

Benefits

  • Rewards Available through Qantas Frequent Flyer
  • Extra 40,000 points subject to eligibility conditions
  • Domestic travel insurance
  • International travel insurance
  • Free supplementary cards
  • Extended warranty
  • Concierge
  • Guaranteed pricing scheme
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate
  • Higher than average ongoing annual fee

Suncorp Bank Rate Credit Card overview

For Platinum Card (Qantas Rewards)

Details

Card level

Platinum

Card type

Visa

Interest free days

55

Minimum monthly repayment

2% or $30

Minimum credit limit

$6,000

Maximum credit limit

$100,000

Free supplementary cards

Instant approval

Target Market Determination

Visit Suncorp Group Limited to view Target Market Determination.

Fees

Annual fee

$178

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late payment fee

$30

Over limit fee

$40

Duplicate statement fee

$14

Electronic Wallet Service

Apple pay available

Google pay available

Samsung pay available

Important Rates

Rates

Purchase rate p.a.

20.74%

Cash advance rate

21.99%

Cash advance fee

3.5% or $3.5

Balance Transfer

Balance transfer rate

0%

Transfer limit

80%

of the approved credit limit

Balance transfer fee

Overseas spending

Foreign exchange fee
3.4% on Visa
Overseas charges

Estimated ATM cost

$10.2

for AU $300 withdrawal

Rewards

Program name

Qantas Frequent Flyer

Rewards available

Gift Card, Domestic Flights, International Flights, Flight Upgrades, Qantas Shop, Qantas Hotels

Eligibility

Minimum age

18

Minimum income

$35,000

Eligibility conditions

Residency

Australia CitizenPermanent Resident

Perks

DOMESTIC TRAVEL INSURANCE

INTERNATIONAL TRAVEL INSURANCE

Available when you use your Card or rewards points to pay for return international travel

FREE SUPPLEMENTARY CARDS

EXTENDED WARRANTY

CONCIERGE

GUARANTEED PRICING SCHEME

PURCHASE PROTECTION INSURANCE

Covers up to $200,000 per year

Other Restrictions

Annual fee of $129 applies, plus a $49 p.a. fee applies to earn Qantas Points.