Suncorp does not offer the ability to purchase cryptocurrency directly from its online banking platform. You can use a regulated exchange in Australia to invest in digital assets using funds transferred from a Suncorp account.
Unsure about where to buy?
Where Suncorp customers can buy crypto
On website
Crypto assets are unregulated & highly speculative. No consumer protection. Capital at risk.
Highlights
- Access thousands of assets across multiple categories.
- Copy trades of popular investors that trade Crypto.
- Access powerful analysis tools and innovative social features.
Pros
Cons
On website
Highlights
- Receive $10 worth of BTC when you sign up and verify your account.
- Trade over 300 assets on Swyftx including Bitcoin, Ethereum, Ripple and Litecoin as well as DeFi coins such as UniCoin.
- Deposit or withdraw funds from your account using several payment methods (PayID, OSKI, POLi or bank transfers).
- New to Crypto? Try Swyftx's demo mode, it allows you to mock trade with no financial risk while you learn the ropes of crypto trading.
Pros
Cons
On website
Highlights
- Sign up on Binance Australia to get a 100 USDT cashback voucher. Terms and Conditions apply.
- World's largest crypto exchanges.
- Buy, sell, trade, and stake 1,000s of crypto coins and trading pairs.
- Zero-fee deposit via PayID or Osko from Australia.
Pros
Cons
Still not sure?
FAQs
Can you buy crypto directly with Suncorp?
Suncorp does not provide a direct service to buy cryptocurrency. To buy crypto, you can use a third-party platform, such as a cryptocurrency exchange or brokerage, and fund the purchase with a bank transfer from your Suncorp account or your Suncorp card. Make sure to carefully research the platform before making any purchases, and remember to invest only what you can afford to lose.
Does Suncorp block crypto-related transactions?
Suncorp does not block cryptocurrency transactions by default. Customers can deposit funds on a third-party platform and buy crypto.
Can Suncorp bank accounts be used to buy crypto?
Yes, customers can transfer funds from a Suncorp bank account to an exchange or brokerage and buy cryptocurrency.
Can Suncorp credit cards be used to buy crypto?
No, using a Suncorp credit card to buy cryptocurrency is prohibited per their credit card terms and conditions.
Can Suncorp debit cards be used to buy crypto?
Using a Suncorp debit card to deposit funds into an account at an exchange or brokerage is possible. Not all exchanges and brokerages accept debit card payments, and those that do may charge additional fees.
Further details
Suncorp's crypto policy
Suncorp's policy concerning cryptocurrency is similar to most Australian banks. While they don't block all crypto-related purchases, they are one of the few large banks that block crypto-related purchases made with their credit cards. Very little information is available on their current stance and future plans to adopt blockchain technology.
