Suncorp have just launched the new balance transfer rate of 1.9% for 12 months on the following cards: -

• Suncorp Gold Credit Card
• Suncorp Standard Credit Card
• Suncorp Plus Credit Card

This is a reduction of 1% from the previous 2.9% rate so it's a pretty good offer, although Citibank just recently lowered their Citibank BP MasterCard to the same rate so perhaps Suncorp is trying to close their advantage. It doesn't matter though as Australians can reap the benefits.

If you're thinking of applying for a balance transfer then you should firstly read how to avoid the pitfalls of credit card balance transfers.