• 5 Star Outstanding Value Canstar Cannex rating
• Privileges and special offers
• Generous credit limit of up to $25,000
• Read the terms and conditions

How does the Suncorp Clear Options Standard Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	Suncorp Clear Options Standard Credit Card	12.74%	21.99%	$27	-%	- months
	The Average Credit Card	17.15%	21.03%	$96	2.86%	7 months

The Suncorp Clear Options Standard credit card offers a great option for customers with existing debt looking to lower their monthly repayment amounts. As well as this attractive option, the card offers quite a few other advantages that some customers may be interested in, as well as an attractive rewards package to sweeten the deal, if they are savvy about how to handle their debt and monthly outgoings.

Pros

As said above, the major advantage of having a Suncorp Clear Options Standard credit card is that it is ideal for credit transfers. The card offers a low promotional balance transfer rate of – for -. So, if you have outstanding debt on a variety of other accounts, you can easily transfer the balance and consolidate debts into one easier-to-manage, lower-cost monthly repayment plan. Customers can calculate how much they pay in monthly interest on other debts, and from that, figure out if they could save money with this card.

This, however, is not just a balance transfer card; it has the added advantage of a relatively low 12.74% p.a. rate on retail purchases. So, this is not a card to put debt on and forget about; you can also use it for your day-to-day shopping without running up huge interest charges. Annual charges on additional cardholders are also very affordable, meaning that customers can use it with a partner or other family members without too much expense. Credit limits are very generous with this card, subject to circumstances.

So, for customers with a good credit history, who are looking for a great deal of flexibility and access to significant funds in some cases, this card could really work out well.

Few cards come without security measures these days, but the Suncorp Clear Options Standard credit card comes with a very thorough Fraudsheild protection package, meaning that customers need not worry about the safety of their personal details, funds and credit histories in the case of identity theft. Customers using this card also get exclusive Visa Entertainment offers, which can be a real bonus too.

Cons

Despite its many obvious advantages, this is not the card for everyone. There are a few drawbacks that might make the Suncord Standard credit card a less attractive option for certain customers. The 21.99% p.a. cash advance rate on the card is higher than some other cards on the market, so if accessing cash on credit quickly is a priority for some customers, this may not be the best deal for them. Aside from this, however, the card is very useful, and there are many cheaper ways to access cash than credit cards.

Conclusion

To round things up, this is a card with a lot of great benefits. It is best suited to customers who have a good credit history, but who have existing debt and are looking to reduce and simplify their monthly repayments on a variety of debts, or who have a more expensive credit card, perhaps one that has reverted from a fixed rate to a standard APR, and are looking to switch. It is also a good card for customers who need to access a quite large amount of credit. As well as this, the card would suit customers who are looking not only to reduce their outgoings on existing debt, but also have the flexibility to use a credit card to make day-to-day purchases as well. The low annual charge on additional card holders makes this a good card for families or couples to use together too.

All round, a good card; the application process is quick and simple, so why not try one out today?