Important disclosure
Pros and cons
For Clear Options Platinum Credit Card
Benefits
- Rewards Available through Suncorp Credit Cards Rewards Program
- Extra 120,000 points subject to eligibility conditions
- $99 annual fee in the first 12 months and $129 p.a thereafter.
- Domestic travel insurance
- International travel insurance
- Free supplementary cards
- Extended warranty
- Concierge
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
Suncorp Bank Rate Credit card overview
For Clear Options Platinum Credit Card
Details
Card Level Platinum | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 2% or $30 |
Minimum credit limit $6k | Maximum credit limit $100k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit Suncorp Group Limited to view Target Market Determination. |
Fees
Annual Fee $99 for 12 months then $129 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $30 |
Over limit fee $40 | Duplicate statement fee |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 20.74% p.a |
Cash advance rate 21.99% |
Cash advance fee 3.5% or $3.5 |
Balance Transfer
Balance Transfer Rate 0% p.a |
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 Suncorp Credit Cards Rewards Program |
Rewards Available Gift Card, Cash Back |
Eligibility
Minimum age 18 |
Minimum income $35k |
Eligibility conditions - |
Residency |
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 4 Free Supplementary Cards
- EXTENDED WARRANTY
- CONCIERGE
- PURCHASE PROTECTION INSURANCE Covers up to $200,000 per year. Maximum payable per individual claim is the lesser of the value of the personal item of $5,000.