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Suncorp Everyday Options Student

Advertiser disclosure
Account fee
$0.00
Payment options
Apple Pay, Google Pay, PayID
Interest rate
0.01% p.a.

Mozo editorial review Suncorp Everyday Options Student - last updated: 3 August 2021

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What's hot
  • 2021 Mozo Experts Choice Award-winner
  • 0.05% special interest rate (conditions apply)
  • No account fees
What's not
  • No Samsung Pay
Mozo snapshot

There’s often not a lot of difference between bank accounts, but having a special interest rate of 0.05% is certainly one way to stand out. With the 2021 Mozo Experts Choice Award winning Suncorp Everyday Options Student account, there aren't any upfront or ongoing fees to watch out for and there are a few cost-friendly features for travellers. To get access to the Suncorp Everyday Options Student account you will (as the name implies) need to be a full time student though.

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Key features

If you’re a full-time student deciding between stashing your cash in paper bag under your bed or putting it in a bank, we suggest the latter. One account you may want to consider is the Suncorp Everyday Options Student account.

This account comes with a stellar 0.05% interest rate. Just keep in mind that to qualify for this special rate you’ll need to make sure you transfer money from your main account into one of the nine linked Everyday Options sub-accounts.

A bumper interest rate on a everyday bank account? Well, surely the account has fees? Nope, not only can you earn a little extra through interest, but you won’t be losing any money each month by having to pay account fees.

The account also allows you to use and access your money in a number of ways: in-branch, over the phone, on the internet and more, all for free. You can even use the attached Visa Debit Card to withdraw money from ATMs abroad (without any fees from Suncorp) and to make international purchases (without foreign exchange commission). 

On top of all this, you could score up to $60 cashback with Suncorp's new cashback offer. All you need to do is open a new Suncorp Bank Personal Transaction Account by 30 September 2021 and then you could score $20 cashback each month you make 10 digital wallet purchases (via Google Pay and Apple Pay transactions online or in store) with your linked Visa Debit card. The offer ends 30 November 2021.

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Who is it good for

No need to overthink this one, students are going to benefit from this account most; as well as being the only ones who can get access to it - you’ll need to show your student card each year to keep the account open.

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Any catches

While the account comes with a lot of features, it currently doesn't support Samsung Pay. 

Details

Rates and fees information correct as at 18 September 2021. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 0.00% p.a.
Balances from $1: 0.01% p.a.

Balances from $0: 0.00% p.a.
Balances from $1: 0.05% p.a.

Rate for amounts deposited into linked Everyday Options sub-account.

Fees

$0.00

n/a

Unlimited free transactions from own-bank ATM, EFTPOS, counter withdrawals, counter deposits, phone and internet

$0.00

Suncorp, RediATM

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

0%

$0.00 monthly

Other financial bits

$0.00

$0.00

Features

$1,000.00

no

no

yes

yes

yes

yes

yes

Must be a full-time student. Must show valid student card at the beginning of each year to waive monthly fees.

Earn up to $60 cashback for new accounts opened by 30 Sep 2021 with $20 monthly cash backs for each month 10 Apply Pay or Google Pay transactions are made by 30 Nov 2021. Can link to Everyday Options Sub-account and flexiRates for higher variable interest rates.

Atm card

none

none

none

Debit card

$0.00

$0.00

0%

Payment options

Apple Pay, Google Pay, PayID

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