Can I invest in Crypto with Suncorp Bank?

Yes, Suncorp Bank is one of the leading financial institutions in Australia and has made it possible for its customers to purchase Cryptocurrencies by sending AUD to an AUSTRAC-licensed digital asset exchange like CoinSpot.

The process is relatively simple, customers can transfer AUD from their Suncorp bank account or card to a digital asset exchange. The banks customers can then use the funds to purchase Cryptocurrencies such as Bitcoin, Ethereum, and Solana directly through the exchange.

How to Buy Bitcoin and Crypto with Suncorp

Our team has completed this short and simple guide and has come to the conclusion it’s the best way to invest in Crypto with Suncorp. CoinSpot users can deposit funds from Suncorp through several payment methods such as Credit/Debit Card, POLi, Osko, PayID, BPAY, Bank Transfer, or Cash.

Begin trading over 370 Cryptocurrencies on CoinSpot with this easy guide:

  1. Open a free account on CoinSpot and complete the verification process.
  2. Tap ‘Deposit Funds’, select a method, and send AUD from Suncorp Bank.
  3. Head to the 'Markets' or 'Buy/Sell' tab and find the token you want to buy.
  4. Input the amount of AUD you wish to invest and click the 'Buy' button.
How to Buy Bitcoin and Crypto with Suncorp.

Is Suncorp Crypto-Friendly?

Suncorp Bank has shown a positive attitude towards Cryptocurrency and has implemented several measures to make it easier for customers to buy and sell digital assets. The bank has updated its policies to ensure that it is easy for customers to use their bank accounts for Cryptocurrency transactions. 

This includes allowing customers to link their bank accounts to licensed exchanges and removing restrictions on using credit cards to purchase Cryptocurrencies. Suncorp clients can freely invest in digital assets without worrying about their transactions not being approved or processed.

About Suncorp Bank

Suncorp Bank is an Australian financial institution that offers a range of banking products and services. It is a subsidiary of the Suncorp Group, a leading provider of banking, insurance, and wealth management services in Australia and New Zealand. Suncorp is one of the ‘Big Four’ banks and was the largest financial institution in 2022 based of market share.

The b provides a range of personal and business banking services, including savings and transaction accounts, home loans, personal loans, credit cards, and insurance products. It also offers financial planning and investment services through its network of financial advisers.

One of the unique features of Suncorp Bank is its "Store and Share" facility, which allows customers to share their bank account details securely with family and friends. 

Bottom Line

To summarise, our expert team analysed over 20 trading platforms in detail and found that CoinSpot is the best Cryptocurrency exchange for Suncorp Bank customers. We selected CoinSpot as they allow for free and instant AUD transfers from Suncorp bank accounts or cards to CoinSpot to trade over 370 Cryptos. If you want to learn more about this exchange, visit our CoinSpot Review.