Suncorp Clear Options Rewards

June 24th, 2010

The Suncorp Rewards Points

Unlike other credit card offers in Australia that solicit a rewards program that usually offers one rewards point for every $5 spent on purchases, the Suncorp rewards program gives Australians the best value at an even exchange of one rewards point for every dollar spent. There is also an option to deviate the rewards points that are accumulated into the Qantas Frequent Flyer program.

The Suncorp Platinum Credit Card

The Suncorp credit card rewards program is offered on their full line of available credit cards. The platinum version of the Suncorp card also offers an enticing annual fee and interest rates. The Suncorp Platinum credit card offers a 3.9% lifetime rate on all balance transfers and a 19.99% rate on daily purchases and cash advances.

This is a rare find to have any credit card offer the same interest rate for purchases and cash advances. This is all coupled with a low annual fee of $205 and the best rewards program of any credit card offer in Australia.

How the Rewards Program Works

The major incentive to attract Australians to the Suncorp cards is the Suncorp credit card rewards program. It offers a unique matching program that allows for one rewards point to be accumulated for every dollar spent on any purchase. These expenditures can be monthly utility bills, loan payments, groceries, entertainment, dining, travel, or any other item that can be paid with a credit card.

The Suncorp rewards also allow for direct transfer of rewards points to either the rewards program or the Qantas Frequent Flyer program. If you are a customer who travels a lot then this is an excellent incentive. The rewards points also have a direct equivalent of dollars spent to rewards points no matter which rewards program you decide to utilise when cashing in for your credit card rewards.

Merchandise for Rewards Program

If you decide to use the standard rewards program there is a wide variety of different merchandise, electronics, various gift card vouchers, travel and flights, and cash back options. If you are a customer who travels often then you will enjoy the equal exchange to frequent flyer points through the Qantas Frequent Flyer program.

All you have to do is book a flight and then call the following number: 13 11 55 to have your rewards account deducted and the money you spent on the flight reimbursed. If you do not have enough points to fully pay for the flight you also have the option to utilise your available points difference and than pay cash for the price difference.

Different Cards for Different Customers

The Suncorp line of credit cards has a variety of options to fit its customers. There are basic cards with slightly higher interest rates and lower balances, but the same rewards program is used throughout the entire card line – to those credit cards such as the Suncorp Platinum card that has industry competitive rates for daily purchases and cash advances and very low lifetime balance transfer rates.

These very attractive card features are meant to encompass the vast majority of Australians and their unique financial diversities. The Suncorp credit card line also has a unique rewards program to fit all of its customers’ needs.

The Suncorp rewards program offers lateral diversity by offering dollar for dollar matches on every dollar spent. For the Australians who love to travel the points can be accumulated and spent on travel. For those that like to shop there is the merchandise and cash option rewards program.

This option again allows each customer to find that perfect reward for his or her own likeness. If there is not any merchandise or shopping vouchers that interest you, and you do not wish to travel; than you are still covered because the Suncorp credit card rewards program allows its customers to take advantage of a cash back option in place of the other options.

Shopping Vouchers and Travel

The normal merchandise program explains itself with a picture and description of a piece of electronic or other merchandise plus the amount of rewards points to appropriate the reward. The shopping vouchers employs the same principle but the customer can choose between general shopping vouchers and vouchers from companies such as Myer and Harvey Norman shopping outlets.

The travel section of the Suncorp rewards is also scaled on a points system. The customer can accumulate rewards points through purchases and than exchange

them for flights. The customer is also given the flexibility to utilise as many rewards points as are available and than pay cash for the remaining balance.

The Suncorp Credit Card

Credit cards have become a part of daily life and routines. This is why the Suncorp credit card offers such a diverse and customer friendly credit card rewards program. The average customer in Australia spends about $1500 a month on basic living expenses such as food, fuel, utility payments, etc. If these expenses alone where paid using the Suncorp credit card, then as a Suncorp rewards customer you would have accumulated 1500 rewards points to put towards merchandise, cash back options, flights, or shopping vouchers. There are many options available with the Suncorp credit card line than can be found in a combination of other credit cards.

The Total Rewards Card

Australians are given freedoms and options through the Suncorp credit card rewards program that are not available through other credit card companies. The Suncorp line of credit cards comes with competitive annual fees and interest rates on daily purchases and cash advances, and a world class rewards program.

Every Australian has his or her own particular financial needs. Australians may have to do a lot research into different credit card offers to find a handful that offer some of the incentives that can be found in the Suncorp line of credit cards. They would be even more hard pressed to find one line of credit cards that compares to the benefits, incentives, and rewards program that can be found with the Suncorp credit card.

The Suncorp rewards program has world class features for Australians. The varied features and options collectively cover most financial and personal needs of Australian consumers. Aside from an excellent rewards program, the competitive card rates make the Suncorp credit card a must have for Australian customers.

Editors Choice: Featured Credit Card Deals

	Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
Westpac 55 Day Credit Card	0% for 5 months (reverts to 19.59% )	3.99% for 6 months	$0	21.49%
Citibank Clear Platinum Card	11.99%	2.9% for 12 months	$99	21.74%