Why will Suncorp Bank no longer issue new eftpos Cards?
Why will Suncorp Bank no longer issue new eftpos Cards?
From 10th December 2024, Suncorp Bank will no longer issue new eftpos Cards to comply with expectations from the Reserve Bank of Australia to exclusively issue Dual Network Debit Cards, such as Suncorp Bank Visa Debit Cards.
Suncorp Bank Visa Debit Cards offer a quick and convenient way to pay with your own money and allow you to select your preferred payment network when you complete purchases by inserting your card chip in a payments terminal:
- To process purchases via the Visa network: Select “credit”.
- To process purchases via the eftpos network: Select “savings” or “cheque”.
Commonly asked questions
- What is changing with Suncorp Bank’s eftpos Cards?
- Why will Suncorp Bank no longer issue new eftpos Cards?
- Will my existing eftpos Card still work after the 10th December 2024?
- What are the differences between Suncorp Bank eftpos Cards and Suncorp Bank Visa Debit Cards?
- Are there restrictions on transactions that can be completed by customers under 16 years of age?
- How can I set up card controls/restrictions for my Visa Debit card?
