Suncorp Credit Card Fees & Charges

Information verified correct on September 29th, 2016
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As well as interest charges when you carry a balance, Suncorp Bank credit cards have a range of other fees that apply at certain times. Find out more here.

From annual fees to cash advance and foreign currency transaction charges, there is a wide range of costs that come from using a credit card. But some of these fees can be avoided by choosing the right card and using it wisely. In this guide, we outline the fees and charges for Suncorp Bank credit cards, as well as ways you could avoid or reduce them.

Comparison of Suncorp Bank Credit Cards

Rates last updated September 29th, 2016.

Suncorp Clear Options Platinum Credit Card

Updated the balance transfer length

July 1st, 2016

Suncorp Clear Options Standard Visa Credit Card

0% for 14 months balance transfer offer has been extended until 31 January 2017.

July 23rd, 2016

View latest updates

Jonathan Choi Jonathan
Annual fee Foreign Currency Conversion Fee (VISA) Cash Advance Fee
Suncorp Clear Options Gold Credit Card
Enjoy Gold card benefits including rewards points per $1 spent, up to 55 days interest-free on purchases and a guaranteed pricing scheme.
$120 p.a. 3.4% of transaction value 3.50% of the transaction amount, with minimum of $3.50 More info
Suncorp Clear Options Standard Visa Credit Card
Receive a promotional offer on balance transfers, a low ongoing interest rate on purchases and exclusive offers through Visa Entertainment.
$55 p.a. 3.4% of transaction value 3.50% of the transaction amount, with minimum of $3.50 More info
Suncorp Clear Options Platinum Credit Card
Receive 5% cashback on purchases for the first 3 months (up to $250 cashback), earn Suncorp reward points for every $1 spent and complimentary international travel insurance.
$169 p.a. 3.4% of transaction value 3.50% of the Transaction amount, with minimum charge $3.50 per Transaction More info
Suncorp Clear Options Business Credit Card
Earn rewards point for every dollar spent, enjoy interest-free days on purchases and get up to 99 additional cardholders with a low annual fee.
$45 p.a. 3.4% of transaction value 3.50% of the Transaction amount, with a minimum charge of $3.50 More info

Annual fee

Suncorp Bank credit card annual fees vary depending on the specific product you choose. Some of these cards only charge a primary cardholder fee, while others also have an additional annual fee for supplementary cardholders. The annual fee is first charged when you activate the card. After that, this fee is charged every year on the anniversary date your account was approved.

Cash advance fee

For domestic transactions within Australia, a fee of 3.50% of the Transaction amount, with a minimum charge of $3.50 is charged based the total value of each cash advance.

All international cash advances are charged at 1.50% of the transaction amount (after conversion to Australia). This value is calculated after converting the amount to Australian dollars.

Note that use of ATMs not owned by Suncorp Bank may result in an ATM direct charge. International cash withdrawals will also be subject to the foreign currency exchange fee.

Foreign currency exchange fee

When you use your card overseas, a foreign currency exchange fee is charged on all credit purchases and cash advances. This fee is charged at 3.4% of the value of the transaction. If you want to avoid this fee, you may want to consider a credit card that charges no international transaction fees, or a $0 fee travel money option.

Dishonour fee

A fee of $15 is applicable each time you dishonour a cheque or Easi-Pay payment. Note that interest will also be charged on any outstanding amounts. You can avoid this fee by monitoring your balance and making sure there are enough funds available before a scheduled automatic payment or the drawing of a cheque.

Late fee

Each time you miss your monthly minimum payment you will be subject to a $10 late fee. This fee is deducted when your payment is not received by the due date, and charged every 7 days thereafter until the due payment is received.

Overlimit fee

An Overlimit Fee is charged when your account exceeds the maximum credit limit. $40 will be debited from your account for each statement cycle that exceeds this limit. You can avoid this fee by regularly checking the balance of your account and making sure you have enough funds for your purchases.

Statement copies and information requests

A fee of $14 applies if you require an additional copy of your statement or request other information. You may be able to avoid this fee by accessing statements and other information via Suncorp’s Internet banking service.

While some of these fees may seem small, they can add up over time. You should also remember that you will be charged interest on each of these fees as they are directly debited from your credit card account. But now that you know more about Suncorp credit card fees, you can make more informed decisions about how and when you use your card to keep additional costs to a minimum.

Compare current offers of Suncorp Bank credit cards

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2 Responses to Suncorp Credit Card Fees & Charges

  1. Default Gravatar
    Paul | March 31, 2016

    why would I get a $80.50 cash advance fee?

    • Staff
      Debbie | April 5, 2016

      Hi Paul,

      Thanks for your inquiry.

      Possible that the charged $80.50 in your account is a percentage of the total amount of the transaction. Currently, Suncorp charges a 2.5% of the transaction for each cash advance on domestic while 1.5% applies for international transactions.

      You may wish to contact Suncorp customer service directly to verify the fees that has been charged on your latest bill or account.

      I hope this helps.

      Cheers,
      Debbie

Credit Cards Comparison

Rates last updated September 29th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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