Suncorp Clear Options Platinum with 120,000 Bonus Points, 0% Balance Transfers for 9 Months and Free Travel Insurance for Aussies

Suncorp Clear Options Platinum overview for Aussies

The Suncorp Clear Options Platinum is a rewards credit card built for Australians who want a mix of welcome points, travel cover and a handy balance transfer window. With a headline offer of 120,000 bonus points and 0% p.a. on balance transfers for 9 months, this card is aimed at people who want to jumpstart rewards and get on top of debt without immediate interest pressure.

Cardholders benefit from complimentary international travel insurance for trips booked on the card, flexible points transfers to major airline partners and everyday retail redemptions such as Coles digital gift vouchers and Flybuys conversions. The combination of points and protections makes Suncorp Clear Options Platinum a strong contender in the Australian market.

How to make the 120,000 bonus points work

120,000 Suncorp Credit Card Rewards Points can translate into significant value: think approximately $500–$550 in Coles vouchers or transfers to Velocity, Singapore Airlines KrisFlyer and Emirates Skywards for flights or upgrades. Prioritise meeting the welcome-spend criteria quickly and avoid returns or refunds that could disqualify bonus points.

Use a points-first strategy: charge regular bills, groceries and travel to the Suncorp Clear Options Platinum while you hit the minimum spend, then plan redemptions. Splitting points between grocery vouchers and a flight upgrade often gives the best practical value for Aussies who want both savings at the supermarket and travel perks.

Balance transfers, fees and costs

The 0% p.a. balance transfer offer for 9 months on Suncorp Clear Options Platinum gives a timeframe to reduce existing card debt without incurring interest—useful for consolidating high-rate balances. Remember the promotional period ends after nine months and the standard rate applies thereafter, so schedule repayments to clear transferred balances before expiry.

Annual fees are $99 for the first year and $129 thereafter; standard purchases attract a rate of 21.99% p.a. Keep an eye on balance transfer fees and any upfront transfer charges that may apply. Eligibility usually requires Australian residency, proof of income and a good credit history, so check the T&Cs before applying.

Travel insurance and extra perks for Australians

One of the strongest selling points of Suncorp Clear Options Platinum is complimentary international travel insurance when you meet the booking requirements on the card. Cover typically includes medical emergencies, trip cancellation and lost luggage—valuable protection that can save Aussies significant out-of-pocket expense when overseas.

Beyond insurance, the card offers purchase protection and extended warranty benefits on eligible items, plus flexible rewards redemption paths for flights, upgrades and retail vouchers. For travellers and everyday spenders alike, combining the 120,000 bonus points with the card’s protections creates a practical, value-driven profile—just use it responsibly and pay down balances during the interest-free window.