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Standard Card

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Basic

Card Level
Card Level
Standard
Interest Free Days
Interest Free Days
0
Maximum credit limit
Maximum credit limit
$20,000
Minimum credit limit
Minimum credit limit
$2,000
Minimum repayment dollars
Minimum repayment dollars
$30
Minimum repayment percent
Minimum repayment percent
2
Number free supplementary
Number free supplementary
4
Annual Fee
Annual Fee
$55
Late Payment Fee
Late Payment Fee
$10
Over limit fee
Over limit fee
$40
Duplicate statement fee
Duplicate statement fee
$14
Supplementary card annual fee
Supplementary card annual fee
$0

Electronic Wallet Service

Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available

Important Rates

Rates

Purchase Rate
Purchase Rate
12.74%
Cash advance rate
Cash advance rate
21.99%

Balance Transfer

Balance Transfer Rate
Balance Transfer Rate
0%
for 12 months then 21.99%
Transfer Limit
Transfer Limit
80%
of the chosen credit limit
Balance Transfer Fee
Balance Transfer Fee
$0

Overseas spending

Foreign Exchange Fee
Foreign Exchange Fee
3.4% on Visa
Overseas charges
Overseas charges
Estimated ATM Cost
Estimated ATM Cost
$10.2
for AU $300 withdrawal

Rewards

Program name
Program name
Rewards Available
Rewards Available

Eligibility

Minimum age
Minimum age
18
Minimum income
Minimum income
$25,000
Eligibility conditions
Eligibility conditions
  • Free Supplementary Cards

Features

The Suncorp Bank Standard credit card is Suncorp’s low-rate card offering. This card has a moderately low annual fee and moderately low interest rates, but has no interest-free days. The card offers a moderately high credit limit depending on the applicant. This card does not have an associated rewards scheme.

While the card does not earn points or frequent flyer miles, card holders gain access to Visa Entertainment, which offers access to exclusive pre-sales. The card also comes with Visa payWave for faster purchases and 24/7 customer service.

The Suncorp Bank Standard credit card provides security and fraud protection for every card holder. Verified by Visa adds security and authorisation for online purchases, while FRAUDSHIELD detects fraudulent card activity. Card holders also have peace of mind with Visa Zero Liability, and lost cards can be replaced within 24 hours in Australia.

Pros
  • 0% balance transfer offer
  • Moderately low interest rates
  • Four free additional card holders
Cons
  • No interest-free period
  • Charges foreign transaction fees
  • Charges an annual fee

 

Who is it good for?

The Suncorp Bank Standard card is best for potential card holders looking for low rates and a balance transfer offer. The card has moderately low interest rates, making it attractive for those who struggle to pay their bill in full each month. However, the card does not offer any interest-free days.

The Suncorp Bank Standard delivers 12 months with 0 per cent interest on balance transfers, which may make this card a good fit for customers with existing credit card debt.

This card is not well suited to potential customers in search of credit card rewards. The card does not have an associated reward scheme and does not earn points or miles on purchases. Card holders who wish to earn rewards should consider a card with a points-earning program that can deliver frequent flyer, cash back or merchandise benefits.

What RateCity says

The Suncorp Bank Standard credit card may be beneficial for those with existing credit card debt, but offers few incentives for other customers. Even those with debt they wish to transfer may find that the card does not deliver sufficient benefits after the introductory deal has expired.

This card does not offer points or frequent flyer miles for purchases, which may deter rewards-seeking card holders. For potential customers who want rewards, it’s probably best to consider your rewards preferences and find a card that will suit your needs.

While the Suncorp Bank Standard card is a low-rate credit card, it still charges an annual fee and does not offer an interest-free period. Budget card holders may find it more sensible to find a credit card that charges no annual fee and offers at least a moderate number of interest-free days. 

Applying/eligibility

To be eligible for the Suncorp Bank Standard credit card, you must be at least 18 years old and have a good credit rating. You also need to earn a minimum yearly income of $25,000 or more. While completing the secure online application, you’ll need to provide contact details, employment details, and financial information such as monthly expenses. Customers can save their application and complete it at a later date.

About Suncorp

Suncorp is an Australian financial services provider. Headquartered in Brisbane, Suncorp provides a range of banking products and financial services to individuals and businesses. Their offering includes bank accounts, loans, investments and superannuation. Customers can also find a range of insurance policies such as home and contents, car, motorcycle, life and health insurance. Suncorp Group is an ASX-listed company, one of Australia’s leading banks and one of Australia’s largest general insurers.

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