$511 of profit after meeting spend requirements
$129 p.a. annual fee
$6,000 min limit
1.25 points per dollar
Spend $3,000 in 90 days
New customers (no Suncorp credit card in the past 12 months)
Offer Expires 31/08/22
Suncorp has increased the bonus from 100k to 130k but has removed the half price first year annual fee. However, you actually end up with a bigger profit (from $426 to $511) because it's easier to cash out your points fully for woolies gift cards.
If redeeming for gift cards:
$500 x 1, $100 x 1, $20 x 2 in Woolworths gift cards, $640 total, with 250 points remaining.
$500 x 1, $100 x 1 in Coles gift cards, $600 total, with 8,650 points remaining.
Will be slightly less profit if you redeem for transaction credit.
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