For small to medium businesses
This meets the needs of small to medium sized enterprises with fewer than 50 employees who want to streamline expense management and reduce paperwork by consolidating and paying most business expenses with one card
It offers:
- up to 55 days interest free1 so you can pay off your balance by the due date to avoid interest charges and maximise your cash flow
- an unsecured line of credit so you can maximise your cash flow by making minimum monthly repayments by the due date
- Management Information Reporting for a clear picture of your business and cardholder spending, so you can develop accurate forecasts, take advantage of opportunities to leverage spend volumes with suppliers and quickly identify non-compliant spending patterns
| Product |
Description |
| An optional rewards program with your choice of membership level |
Join the Suncorp Clear Options Rewards Program and you can choose between redeeming points at an individual or business level at a Standard or Premium Membership. You earn one reward point for every dollar spent, as well as bonus rewards points when you choose to shop with our Bonus Partners throughout Australia. The maximum number of points that can be accrued is capped at 150,000 per annum for each card. |
| Additional Cardholder Options for Total Expense Management |
You can issue additional cards to employees with a set monthly limit. Each cardholder can receive individual statements to help with preparation of expense claims. Note: The total of all cardholder credit limits cannot exceed your business' approved account credit limit |
| Account management |
Suncorp Phone and Internet Banking services give you convenient access (Cardholder, Enquiry or Account Access) to your account 24 hours a day, 7 days a week |
| Link your Suncorp accounts with one PIN |
Account owners with a PIN can link and access up to 8 existing Suncorp bank accounts* using a Suncorp Clear Options credit card including:
- everyday personal accounts
- Business Management and Business Cheque Accounts
- Business Line of Credit and
- Small Business Line of Credit accounts
* Subject to restrictions on account types
|
| Cash advance |
Use your Suncorp Clear Options credit card to withdraw cash instantly from your credit card account through the worldwide ATM network, over the counter at any Suncorp branch or any worldwide financial institution that accepts Visa2 |
| Worldwide acceptance |
Visa is accepted at over 23 million merchant outlets and 810, 000 automatic Teller Machines (ATMs) worldwide |
Fees
| Item |
Description |
| Annual Card fee |
$45.00 per card issued |
| Standard Rewards Membership |
$39.00 per year per card issued |
| Premium Rewards Membership |
$69.00 per year per card issued |
| Replacement Card fee |
Standard - $12.00 per card when you want a replacement card (ie lost card)
Emergency - $50.00 per card when you want an emergency overseas card replacement |
| Arrears Administration fee |
$30.00 for every statement period your minimum payment has not been paid in full by the due date shown on the relevant statement of account |
| Overlimit fee |
$40.00 each time that your credit limit is exceeded (to a maximum of $40.00 per month) |
| Cash Advance fee |
- $2.00 per transaction at a Branch (Suncorp or Non-Suncorp) / ATM / Internal Transfer to another Suncorp Account including internet &
telephone banking transfers
- $5.00 per transaction made outside Australia
|
| Sales Voucher Request fee |
$8.00 per sales voucher you request (refunded if dispute resolved in your favour) |
| Foreign Currency Conversion fee |
2.5% of the converted Australian Dollar transaction amount of any foreign currency transaction made or charged to your account |
| Replacement Statement fee |
$14.00 per replacement statement you request |
| Reward Membership Upgrade fee |
$45.00 fee when upgrading from Standard to Premium reward membership |
Important information
1 Depending on when you make a purchase, when your statement is issued and if you are carrying forward a balance on your account from the previous statement period. There is no interest free period for Cash Advance or Balance Transfer.
2 Conditions Apply. This option is only available to Cardholders who are issued with a PIN. A cash advance fee will apply to each transaction. Transaction limits may apply.
Citigroup Pty Limited ABN 88 004 325 080 AFSL 238098 ("Citigroup") is the credit provider and issuer of Suncorp Clear Options Credit Cards. Suncorp-Metway Limited ABN 66 010 831 722 ("Suncorp") promotes and distributes Suncorp Clear Options Credit Cards on Citigroup's behalf under an agreement with Citigroup. Under the arrangement, customers' credit card contracts and agreements (other than those relating to internet banking and telephone banking) including Suncorp Clear Options Rewards Program Agreement are to be entered with Citigroup. The words "we", "us" or "our" will generally read as a reference to Citigroup, but if the context requires these words to refer to Suncorp, they will refer to Suncorp undertaking actions or making relevant decisions for or on behalf of Citigroup.
