$50 Bonus for Opening an Eligible Everyday Transaction Account with Suncorp and Depositing $2000

960

$50 Bonus for Opening an Eligible Everyday Transaction Account with Suncorp and Depositing $2000

Go to Deal

shortgum on 13/08/2013 - 22:15 suncorpbank.com.au (3529 clicks)
Last edited 13/08/2013 - 23:18 by 1 other user

Another $50 bonus for those want FREE MONEY again from the bank.

The deal is pretty much self explain.

Just need to do paperwork with the bank and open up a saving account. GO FOR BASIC ACCOUNT (NO FEES)

So, who is gonna join this ?

T&Cs:

Banking products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 (“Suncorp Bank”). Terms, conditions, fees and charges apply. Please read the Product Information Document before making any decisions regarding our products. Contact us for a copy. *The $50 offer is available to new Suncorp Bank Everyday Basics, Everyday Options and 55 Plus (excluding Passbook) accounts opened between Monday 12 August 2013 and Friday 4 October 2013. Offer is not available if you already hold any one or more, eligible Suncorp Bank accounts at the time of this promotion. ^The payment of $50 is applicable when you set up and have deposited to that account a successful external deposit of $2000 or more within 4 weeks of account opening. The $50 payment will be made into eligible, open accounts within 4 weeks of $2000 or greater being deposited into the account. Transfers between Suncorp Bank accounts (eg eOptions to an Everyday Basics account) are not eligible transactions. Offer is limited to the first Eligible Account opened by a customer and is limited to one $50 payment per account. *Fees apply to link the offset facility. The mortgage offset is only available with the Everyday options account and will only offset a Suncorp Bank loan.

Financial Bank Account Transaction Account

Freebie
4 Oct 2013

Related Stores

Suncorp

closed Comments

- - - John Dough on 15/08/2013 - 12:57
      
      +1
      
      yep they will do everything in their power to keep you as a customer, I had every trick in the book thrown at me to keep me, they said we cant cancel your account now, wait for a manager to call you, then they never call etc etc I could go on for hours about all the little shifty things they do! Never trust the shittybank!!
    - SummerMan on 15/08/2013 - 13:17
      
      why don't you teach a shitty bank a lesson by taking $120 from them and don't let them make a single dollar out of you?
twodollah on 14/08/2013 - 10:46

Yeah, the ID verification process is too time consuming for the $50. Just going to wait for my application to expire in 60 days.
pizzahut on 14/08/2013 - 11:14

got a branch on my way to uni. ill pop by to show them my id. thanks for this deal!
zooter on 14/08/2013 - 15:45

not for me, can't be bothered to certify copies for opening an account that I have to close anyways….even Mebank uses post office to verify identity, these guys should also have that
Jared17 on 14/08/2013 - 15:50

Thx. I think they have a branch not too far away. Can I get the $50 after depositing and withdrawing the $2000 the very next day.
- thierryhenry on 14/08/2013 - 16:16
  
  I don't see why not, from their terms and conditions. That's definitely what I plan to do.
  - Jared17 on 16/08/2013 - 14:03
    
    Awesome!
- falcine on 16/08/2013 - 11:25
  
  +1
  
  I agree with the above - I highly doubt there's a requirement to maintain a $2000 balance until the bonus is paid. Otherwise, many people earning their bonus by depositing $2000 worth of salary over 4 weeks aren't going to get the bonus - because they'll also be gradually withdrawing those deposits over the same 4 week period to pay bills.
  
  I'll also be depositing then withdrawing my $2k straight away. Keeping $2k for 4 weeks in a zero interest account costs $5 in lost interest at current interest rates of around 2.5% - 3%
  - spendinghacker on 16/08/2013 - 11:38
    
    +4
    
    Great analysis however there is no need to settle for 2.5-3%.
    
    With rates such as you stated, you are not keeping up with inflation when accounting for tax so the real value of your money is going backwards (i.e you are losing purchasing power).
    
    You can get 4.5% with ING Direct and another $50 bonus with this deal
    - falcine on 16/08/2013 - 22:14
      
      +2
      
      Thanks for the tip, that rate is definitely much better than the going rate for most banks.
      
      I did my $2k deposit today. I did it by EFT but should have done it over the counter. Suncorp doesn't let you EFT money out of your account until they give you an EFT password, which they say will send to you in 4-6 business days - that's a bit of lost interest.
      
      What I should have done was go to my bank, withdraw $2k, walk over to Suncorp (the two branches are like 50 metres away from each other for me) deposit and withdraw the $2k, then walk back over to my bank to deposit back the $2k. Would've gotten interesting looks from the tellers - but would've been worth it :)
bpdoz on 14/08/2013 - 16:03

Will apply tomorrow. Thanks OP..
Ronnnie on 14/08/2013 - 17:20

+1

Some people must be incompetent or clueless if it takes them more than a few mins to open and close a bank account. Its more like earning $50 for 5 mins work (if you classify it as that) , and I am one of them slow lazy people at doing such simple task. Thanks op :)
vipulrm on 14/08/2013 - 17:24

Opened mine today & ID verified at bank. Thanks, OP!
whitenite on 14/08/2013 - 17:26

Took me all of 2mins to get the ID verification done at Suncorp Collins St, Melb.
ttkc on 14/08/2013 - 19:44

Opened mine. Thanks OP!
SummerMan on 14/08/2013 - 21:56

I found this at SunCorp.
http://www.ozbargain.com.au/node/113397
It's quite tempting.
- spendinghacker on 14/08/2013 - 23:09
  
  +2
  
  Why would you wanna lock away your money for such a long time?
  
  Interest rates will rise from the current historic lows and you'll be on a low and fixed rate and miss out.
  
  Long term TDs make sense when interest rates are high and expected to fall. Not when they are already at all times lows.
  - SummerMan on 14/08/2013 - 23:15
    
    I agree that it will rise for sure but when?
    
    Current at call rate will go down to 4.5% (assuming that they eventually pass 0.25% cut earlier this month) and may fall further to 4.25% in the near future (assuming another cut this year). It take three rate rises next year to get to 5%.
    
    You have options of 4Y or 5Y for this 5% deal.
    - spendinghacker on 14/08/2013 - 23:29
      
      +4
      
      The maximum I am willing to lock away my money for 5% is 12 months.
      
      For anything more than 3 years, I would demand nothing less than 6.5-7%
      
      When interest rates rise, they rise a lot quicker than they fall (or at least that's how it has been historically).
      
      5% for 4 years: NO DEAL
    - SummerMan on 15/08/2013 - 07:11
      
      Well, it depends on your and market circumstance.
      
      I believe this is a good deal because:
      
      These two TDs are much better than any of its competitors.
      
      These two TDs are yielding better than the best at call account at the time.
      
      You will reap the benefit if the rate does not rise too quickly. The rate can rise twice or thrice at 0.25% and you still benefit from the TDs.
      
      Any further comment on this should be on the thread
      http://www.ozbargain.com.au/node/113397
gm3stevens on 14/08/2013 - 23:07

Spent 2 minutes to open the account. Just need ID verification at bank. Easy money! Thanks OP!
Ceceilia on 15/08/2013 - 08:53

+1

went into a branch and was told if you had a previous account even if it was closed many years ago you would not qualify as it was for totally new customers with no profile in their records.
- SummerMan on 15/08/2013 - 08:56
  
  not true…
  
  You should open an account online. Go to post office to verify ID.
  
  Give it a try. I bet that you get $50.
- c64 on 15/08/2013 - 09:26
  
  +1
  
  the t&cs clearly state that you qualify as long as you don't have one of the eligible accounts at the time of the promotion
  - SummerMan on 15/08/2013 - 09:56
    
    +1
    
    However, going into a branch may invalidate the campaign…
    
    If they pull out old customer profile and add your new account to it…
    
    To be on a safe side, just use austpost.
demiurge on 15/08/2013 - 13:45

Applied online last night, only got a reference number but no account info. Says wait for email but nothing happened?
- yargnairod on 15/08/2013 - 15:21
  
  You should check junk email. This portion is automated and should arrive to you within 2 minutes. You should receive 2 pdf's. One welcome letter with account details and another form to fill out for identification (which you can ignore if you go to a branch)
  - King Tightarse on 15/08/2013 - 16:57
    
    Been days have not received a thing!
    Def nothing went to junk mail but I did hit the confirmation page at the end of the sign up process.
    Hmmm.
    - demiurge on 15/08/2013 - 22:17
      
      Funny enough my mother applied today and got email immediately, have to call them about this I think.
- kelea on 15/08/2013 - 23:46
  
  That's the same situation for me too and I've also checked my junk mail - nothing.
  
  Have any of you been a Suncorp customer in the past? I wonder if I haven't got the email because of this, even though I currently don't have an account with them.
  - yargnairod on 16/08/2013 - 06:52
    
    Nope I was a new customer. Give them a call
a1169377 on 15/08/2013 - 16:14

"Residential address must be a physical address."

Why can't I fix this issue?
King Tightarse on 16/08/2013 - 15:27

Got the email today!
- puffinfresh on 17/08/2013 - 14:17
  
  +1
  
  Same. It includes the ID verification info (despite having already verified at AusPost) and my account details. I tried to sign up for internet banking, but they never SMSed me a temp access number, so I tried calling, and their phone number (131175) just rings out - not even a message to advise if they are closed today or something. Not a great experience so far.
  
  Actually, I saw another number in the email and that one worked - 131155.
  - King Tightarse on 19/08/2013 - 20:46
    
    Yeah was wondering about that sms verification business - def didn't receive one yet.
ujwols on 16/08/2013 - 16:34

Can someone confirm if we can verify identity for this in Australia Post ??
- gimme on 16/08/2013 - 22:25
  
  +1
  
  Yes
  - ujwols on 19/08/2013 - 18:52
    
    Thanks
moonwalk on 16/08/2013 - 18:27

i closed my account earlier this year (by visiting the branch). However i don't know if the internet banking has been removed or still active. will this hurt?
- c64 on 16/08/2013 - 18:31
  
  if you can still log into internet banking then you can open an account from there in only a few clicks.
jm48 on 17/08/2013 - 16:33

Bugger, I just checked and still have an open Everyday basics account (from the last $50 promotion)
I remember now I tried to close it over the phone, but they insisted the only way was to visit a branch, and just didn't get round to it.
I wonder if it still worth a try for this $50, by applying as a new customer.
Any opinions ?
- c64 on 17/08/2013 - 18:13
  
  next year :)
  - jm48 on 17/08/2013 - 20:48
    
    Yep, $100 from the Savings Maximiser + Goalsaver is not bad anyway.
ujwols on 19/08/2013 - 21:08

Do they send any confirmation once ID is verified? I verified my ID at the Austpost but haven't received any confirmation yet..
- SummerMan on 22/08/2013 - 16:48
  
  +1
  
  You should get a new card and pin by early next week. (they come separately)
jimmy.sally on 22/08/2013 - 16:41

-2

Guys, I had one of these bonus from an account in 2012, which I closed after 4 months of receiving the bonus. Tried to open another account online and verified my ID at Macarthur Square Shopping Center Branch. The consultant checked my history and found that I had an account with Suncorp in past, so I am not a Brand new customer to them, Hence I will not be receiving this bonus again. I called their call center as well and they had confirmed with their head office. I can confirm that I will not get this bonus again. Has this happened to anyone else as well? that di**head consultant Matthew at branch was a racist & he was trying to make sure that I should not get the bonus again. Any comments??
- SummerMan on 22/08/2013 - 16:43
  
  My recommendation is to have your identity verified at an AusPost outlet rather than at a branch.
  
  If you are interested to make your dispute heard, read fos.org.au
- gimme on 23/08/2013 - 09:06
  
  +2
  
  Here we go again!! People playing the racist card everytime they don't get something they think they're entitled to, thereby diluting it for everyone else in legitimate circumstances.
  
  It's not that HARD!!! They specifically say NEW CUSTOMERS only!!! Whether you closed the account 2 years ago or whether you were standing on one foot at the time playing a banjo it DOESN'T MATTER!! You're still NOOOOOT a new customer.
  
  Get it???? That's the whole point of the 'New customer' clause. Otherwise everyone would keep opening/closing accounts everytime there's a bonus.
  
  PS: Verifying your identity at Auspost shouldn't make any difference. That's got nothing to do with the bonus!! They'll simply open your account (which you are entitled to) but Suncorp wouldn't pay your bonus.
  - SummerMan on 23/08/2013 - 09:17
    
    +1
    
    Legal aspect:
    
    "New customer" is ambiguous. It should be clarified. Some T/Cs do this by saying ex-customers or those who held x,y and z product in the past are not eligible. Some T/Cs say you just need to be new to the product but not to the business.
    
    After you have closed your account for 7 years or so, banks are not required to maintain your records. (but they MAY keep it forever as the disk space are cheap. However, when they have a costly upgrade, they are likely to leave you behind in the old system…)
    
    If there is no record, you are considered new…
    
    Practical/operational aspect:
    
    Perhaps, branches are lazy or are instructed not to create unnecessary new customer profiles.
    When you go into a branch, they try to match your with existing profile first.
    
    Any business don't want you to just walk away with $50 without giving them any benefits. The story could have been different if you are going to have a home loan, an insurance, TDs (see http://www.ozbargain.com.au/node/113397) or other high-value products with them.
    
    Auspost outlets MAY BE used to avoid #1 and embarrassment when you go to close account one month later and see the same banker there.
    
    *** THIS DOES NOT CONSTITUTE LEGAL/FINANCIAL ADVICES ***
  - SummerMan on 23/08/2013 - 09:28
    
    +2
    
    On the racist/discrimination matter, jimmy.sally has not elaborated on that. However, the discussion should be elsewhere as it is irrelevant to this thread. If he believes that his legal/human/constitutional rights have been (illegally?) deprived/compromised/breached, they are many avenues/channels to vent his concern. See http://www.humanrights.gov.au/ for example.
    
    *** THIS DOES NOT CONSTITUTE LEGAL/FINANCIAL ADVICES ***
  - yargnairod on 29/08/2013 - 07:46
    
    +2
    
    No people rarely play the racist card. This guy is just a troll. There's a reason why he posted "Any Comments" after his post. He's wants attention. don't feed
gimme on 23/08/2013 - 09:36

-1

LOL are you a lawyer or consultant? Too many words to describe a simple concept. He/She already stated that this was in 2012.

Bottom Line - When you're trying to 'abuse' the system don't cry racism when they allow you to only do it once.
- SummerMan on 23/08/2013 - 09:55
  
  +4
  
  Does it matter if I say yes to your question?
  
  The issue of the bonus and racism should be dealt with separately. (but in this thread is only concerned with bonus) It will go to separate ombudsman/court/tribunal at the end if he/she wish to pursue the matter.
  
  My bottom line: Business owners should be more careful with their T/Cs and this kind of campaign. Ambiguity MAY be used to their advantage in the past but not today! With the internet penetration these days, it is difficult to target your communication to only one specific group of customers. T/Cs must be clear on eligibility.
  
  There are three good case studies of CBA on Ozbargain that is being tested in FOS.org.au
  * http://www.ozbargain.com.au/node/104144
  * http://www.ozbargain.com.au/node/107429
  * http://www.ozbargain.com.au/node/99242
viki8702 on 23/08/2013 - 17:02

so for how long do we have to keep $2000 in account? until I get $50 bonus, anyone please
- SummerMan on 23/08/2013 - 17:11
  
  +1
  
  O day. For example,
  
  Direct credit and direct debit on the same day.
  
  Cash deposit + external transfer or BPay.
  - viki8702 on 23/08/2013 - 22:26
    
    Thanks
    Sorry neg your vote by mistake:(
leeroys_dad on 02/09/2013 - 20:41

+1

how long does the $50 usually take after depositing $2000?
- yargnairod on 06/09/2013 - 09:33
  
  T & C's state within 4 weeks. Someone will post when they get it and since no one has yet there is nothing to worry about yet :)
jimmy.sally on 03/09/2013 - 00:31

Has anyone, who had an account with them in past, closed the account a while ago, reopened the account and actually got the bonus again this time?
jimmy.sally on 03/09/2013 - 00:34

+1

I had bit of trouble with Suncorp. My profile was been merged with my old profile and they gave me the old customer number again with new account number. I am interested to know if anyone else had the same situation
AndyRates on 03/09/2013 - 10:52

+1

can you deposit 2k in branch and get $50?
- SummerMan on 03/09/2013 - 10:53
  
  yes
maxchoc on 06/09/2013 - 20:42

Anyone got it yet?
- thierryhenry on 10/09/2013 - 14:28
  
  I got mine today. Deposited last Friday.
greatdeals on 09/09/2013 - 12:23

Anyone received the bonus $50
c64 on 10/09/2013 - 06:43

+1

hey guys, i got paid today! i was an existing customer and i previously had an everyday basics account that i fortunately closed earlier this year. i deposited $2k on 15/08

09/09/2013 WELCOME TO SUNC WELCOME TO SUNCORP BAN $50.00
ujwols on 10/09/2013 - 07:19

+1

I got paid as well..

Account opened: 20/08
Transferred 2k: 28/08
Withdrew 2k: 29/08
50$ Bonus received: 10/09
gimme on 10/09/2013 - 08:55

+1

yeah me too. The good thing about it is that it's actually $50 BONUS and not treated as interest payment which presumably makes it tax free. I was thinking of closing my account but I noticed a $1000 bonus draw for singing up to estatements. Might keep it open until the competition is over. You never know.
PS: I hate their stupid portrait cards!! Not that I'm ever going to use it.
- c64 on 10/09/2013 - 12:02
  
  +1
  
  what is the link to the competition?
  - SummerMan on 10/09/2013 - 12:03
    
    http://www.suncorpbank.com.au/estatements-competition-info
    
    http://www.suncorpbank.com.au/estatements/termsandconditions
    
    The Promoter is Suncorp-Metway Ltd ABN 66 010 831 722 of 36 Wickham Terrace, Brisbane QLD 4000, Phone 13 11 75 (‘Promoter’).
    
    The following also form part of these Terms and Conditions:
    a) Information on how to enter the Suncorp eStatement Promotion and information about the promotion itself and prizes;
    b) All relevant instructions on the Promoter's website; and
    c) All communications (including e-mails) sent from the Promoter to entrants.
    Participation in this promotion is deemed acceptance of these Terms and Conditions.
    
    Entry is open to all Australian residents aged 18 years and over, who are current Suncorp Bank Customer (“Eligible Entrant”). Direct employees of “Suncorp Group” (please see www.suncorpgroup.com.au/about-us/what-we-do/our-brands for full list of companies included in the ‘Suncorp Group’) and their immediate families are also eligible to enter the Promotion (excluding NT based employees).
    
    Promotion commences at 00:01am AEDST on 23/08/2013 and closes at 11.59pm AEDST on 30/11/2013 (“Promotional Period”).
    
    To enter, Eligible Entrants must, during the Promotional Period, visit www.suncorpbank.com.au and log into Internet Banking, select eStatements from the menu, and choose to receive eStatements for their eligible bank accounts. (eStatements are not available for all accounts). Customers can then click on the competition link and enter their name, account Number, email address and contact phone number to enter the draw (“Eligible Entry”).
    
    If there is a dispute as to the identity of an Eligible Entrant, the Promoter reserves the right, in its sole discretion, to determine the identity of the Eligible Entrant.
    
    There are three (3) major prizes to give away which is $1,000AUD cash, for each draw, that will be deposited into either a Suncorp Savings or Suncorp Transaction account. Draws will take place in October, November, and December. Total prize pool value is $3,000AUD and does not have GST. The prize, or any unused portion of the prize, is not transferable or exchangeable, and cannot be deposited into any other account other than a Suncorp Savings or Suncorp Transaction account.
    
    There will be one (1) draw to announce a winner each month. The draws will take place at Tribe Marketing, Ground Floor, 1 Kent Street, The Rocks Sydney NSW 2000 on the Thursday 03/10/2013 (Draw 1), Wednesday 6/11/2013 (Draw 2) and Wednesday 4/12/2013 (Draw 3) at 12 noon AEDST.
    
    The Winners will be notified in writing within two (2) business days of each draw and the name of the winning Eligible Entrant will be published on www.suncorpbank.com.au on the 03/10/2013, 06/11/2013, 04/12/2013 for 28 days.
    
    The Promoter’s decision is final and no correspondence will be entered into.
    
    A draw for an unclaimed prize may take place on Tuesday 04/03/2014 at 10.00am AEDST at the same place as the original draw, subject to any directions from a regulatory authority. The second draw Winner, will be notified in writing within two (2) business days of the draw and the name of the second draw winning Eligible Entrant will be published on www.suncorpbank.com.au/estatements-competition-info on the 03/10/2013, 06/11/2013, 04/12/2013 for 28 days. The Promoter’s decision is final and no correspondence will be entered into.
    
    The Promoter reserves the right, at any time, to verify the validity of any Eligible Entrant and to disqualify any Eligible Entrant that does not act in accordance with these Terms and Conditions or who tampers with the entry process. Errors and omissions may be accepted at the Promoter's discretion. Incomplete, indecipherable, or illegible entries will be deemed invalid.
    
    Failure by the Promoter to enforce any of its rights at any stage does not constitute a waiver of those rights.
    
    If this promotion is interfered with in any way or is not capable of being conducted as reasonably anticipated due to any reason beyond the reasonable control of the Promoter, including but not limited to technical difficulties, unauthorised intervention or fraud, the Promoter reserves the right, in its sole discretion, to the fullest extent permitted by law: (a) to disqualify any Eligible Entrant; or (b) subject to any written directions from a regulatory authority, to modify, suspend, terminate or cancel the promotion, as appropriate.
    
    Entrants consent to the Promoter using their name, likeness, image and/or voice in the event they are a winner (including photograph, film and/or recording of the same) in any media for an unlimited period without remuneration for the purpose of promoting this promotion (including any outcome), and promoting any products manufactured, distributed and/or supplied by the Promoter.
    
    Any cost associated with accessing the promotional website is the entrant’s responsibility and is dependent on the internet service provider used.
    
    The use of any automated entry software or any other mechanical or electronic means that allows an entrant to automatically enter repeatedly is prohibited and will render all entries submitted by that entrant invalid.
    
    Nothing in these Terms and Conditions limits, excludes or modifies or purports to limit, exclude or modify the statutory consumer guarantees as provided under the Competition and Consumer Act, as well as any other implied warranties under the ASIC Act or similar consumer protection laws in the State and Territories of Australia (“Non-Excludable Guarantees”). Except for any liability that cannot by law be excluded, including the Non-Excludable Guarantees, the Promoter (including its respective officers, employees and agents) excludes all liability (including negligence), for any personal injury; or any loss or damage (including loss of opportunity); whether direct, indirect, special or consequential, arising in any way out of the promotion.
    
    Except for any liability that cannot by law be excluded, including the Non-Excludable Guarantees, the Promoter (including its respective officers, employees and agents) is not responsible for and excludes all liability (including negligence), for any personal injury; or any loss or damage (including loss of opportunity); whether direct, indirect, special or consequential, arising in any way out of: (a) any technical difficulties or equipment malfunction (whether or not under the Promoter’s control); (b) any theft, unauthorised access or third party interference; (c) any entry or prize claim that is late, lost, altered, damaged or misdirected (whether or not after their receipt by the Promoter) due to any reason beyond the reasonable control of the Promoter; (d) any variation in prize value to that stated in these Terms and Conditions; (e) if any event is cancelled or delayed or any reason beyond the reasonable control of the Promoter; (f) any income tax liability incurred by an Eligible Entrant or winner; or (g) use of a prize/attendance at an event.
    
    Acceptance of this prize has Fringe Benefits Tax (FBT) implications for employees of the Suncorp Group. To the extent that there is any FBT liability, this will be paid for by Suncorp. A reportable fringe benefit amount (RFBA) may be reported on a winning employees’ PAYG summary if the total taxable value of their reportable benefits in the FBT year exceeds $2,000. Employees do not pay tax on a RFBA, but it may affect some government benefits and obligations, such as the family tax benefit and Medicare levy. Winners should consult a tax agent or financial advisor before accepting this prize. You have the option to not accept this prize.
    
    Entrants’ personal information will be collected, used and disclosed in accordance with the Promoter’s Privacy Policy (a copy of which is available at Suncorp Bank branches or www.suncorpbank.com.au) to enable the Promoter to administer and promote this competition and its winners. Entrants may contact the Promoter to request access to any of the requested personal information that is held. If an entrant does not truthfully provide all requested personal information, the Promoter may determine that they are not eligible to win the prize. By participating in the Promotion, each entrant consents to The Promoter using and disclosing their personal information to Suncorp Group's related entities, The Promoter’s agencies and other third parties engaged to provide services in connection with the Promotion, for use for promotional, marketing, publicity, research and profiling purposes, including sending electronic messages or telephoning the entrant during and after the Promotion.
    
    Banking products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No: 229882. Please read the Product Information Document before making any decisions regarding these products. Visit your nearest Suncorp Bank branch or call 13 11 75 for a copy.
    Authorised under NSW permit no: TP 13/02900 and ACT permit no: LTPS-13-06144.
    - King Tightarse on 12/09/2013 - 10:22
      
      Hey SummerMan,
      When you entered did the entry form go to a thank you page or anything? Looks like it just hangs for me
    - SummerMan on 12/09/2013 - 10:24
      
      +1
      
      Yes, it went to acknowledgement stage.
      
      I suggest you try again later.
      
      It may say you are already in the competition…
  - c64 on 10/09/2013 - 12:29
    
    +1
    
    thanks. i couldn't see it anywhere. i might be adblocking it.
    
    submission gives an error for me "You have submitted this form the maximum number of times (15).". something is stuffed up at the moment.
    - SummerMan on 10/09/2013 - 12:33
      
      perhaps, you need to click the links from you suncorp internet banking - rather than the link for the general public…
    - c64 on 10/09/2013 - 12:44
      
      +1
      
      Thank you
      Good luck! Your entry has been received.
      
      appears to be working now
SummerMan on 10/09/2013 - 09:03

Who want to close your A/C now and do it all over again…? This one is tax-free unlike ING!

accounts opened between Monday 12 August 2013 and Friday 4 October 2013.
- c64 on 10/09/2013 - 11:46
  
  +1
  
  read the next sentence is the t&cs
  - SummerMan on 10/09/2013 - 11:48
    
    very true, but ozbargainers from the ING thread might want to test it…
Malarkey on 10/09/2013 - 10:00

+3

I transferred over my 2k Thursday last week, got my bonus this morning.
Then I transferred out $2050 this morning. I got a phone call a few minutes ago confirming the transfer was intentional and that I knew about it (which was actually pretty nice of them)

I might even consider keeping the account, the sub accounts look handy.
twodollah on 10/09/2013 - 17:00

I couldn't be bothered going to verify my ID but I received a welcome pack today in the mail. Guess they opened the account anyway!
- SummerMan on 10/09/2013 - 17:02
  
  YES, your account is open…
  
  YES, you can deposit money…
  
  but NO, you can NOT withdraw your money until your identity is verified.
  
  St George works in a similar manner for TDs…
  - twodollah on 12/09/2013 - 13:45
    
    +1
    
    I don't think so. My application email said the account would be closed without identification. I also just applied for an ETP which will be mailed to me in a few days time which will allow external transactions.
gsrt22 on 11/09/2013 - 10:26

got mine too. I liked the account. I ll leave it open with the money in.
- SummerMan on 11/09/2013 - 10:28
  
  with money in? this account earn you 0% interest. FYI:You may be interested in SUN eOption instead…
nahi11 on 11/09/2013 - 11:43

Received the $50, but cant take it out because I have bothered to verify my account.
- SummerMan on 11/09/2013 - 11:49
  
  you need a third-party internet transfer password too. you can request one but it will arrive in mail… takes time…
  - gimme on 11/09/2013 - 15:07
    
    That's not necessary if you just want to use BPAY or get cash out with your card.
    I used BPAY straight away (after verifying my ID), well before I received any passwords, cards etc as they do take time. BPAY can be used to payoff another Credit Card for example.
    - SummerMan on 11/09/2013 - 15:09
      
      BPAY to UBANK is as good as a bank transfer (subject to 5d clearance time)…
- vipulrm on 11/09/2013 - 11:56
  
  +1
  
  Can't you visit a branch or get the money out from an ATM, maybe???
  - SummerMan on 11/09/2013 - 12:03
    
    you can visit a branch to verify you identity and withdraw/close account.
    
    ATM (and all debit transtiona) will not work until you verify your identity.
- c64 on 11/09/2013 - 12:10
  
  +1
  
  lol.
  
  open an eoptions account (online only high interest account) from internet banking and move everything there. at least you will get some interest.
ChurchMouth on 24/09/2013 - 14:07

If I opened the account greater than 4 weeks ago and haven't deposited my 2000$ yet, have I missed out according to the T&Cs?
- [Deactivated] on 24/09/2013 - 22:12
  
  yep
ycon on 29/09/2013 - 13:57

When does the 4 week period 'technically start'? Is if from the date you verify your ID and they enable your account? Or is it from the day you sign up?
TheSly on 03/10/2013 - 07:17

I got my $50 but have now closed the account. They give you a bank cheque on the spot, no charge.

Didn't really like their online service, which is all I use. Nice people to deal with in the branch though.
- ycon on 03/10/2013 - 12:08
  
  I agree. Online serice is quite bad, and their password requirment isn't good (ie not safe enough).
  
  Also, phone support has been very bad/rude.
  
  Store themselves though have all been good.
  
  I missed out on the $50 because they consider the 4 week period starting from when you sign up, not when your ID is verified & account opened :(
- spendinghacker on 03/10/2013 - 19:54
  
  Did you have to physically walk into a branch to close the account?
  
  Is it possible to close via phone/online message?
saintmagician0 on 03/10/2013 - 20:31

+1

Is anyone having trouble closing their account? They refuse to close the account over the phone. I walked into a branch, they wanted ID. Then the lady at the counter wanted me to sign something that she couldn't explain what the signature was for, mumbled something about "having a copy on my record". I told her no. She gave me a "Withdrawal Record" slip for $0.00 and insisted that was proof of account closure.
- spendinghacker on 04/10/2013 - 10:51
  
  yea, no one beats ING Direct as far as how easy it is to close an account.
  
  I would suggest you check online banking and make sure that:
  
  Account no longer appears there or, better yet
  
  Online banking access has been removed altogether. This is a good indication that you are no longer a Suncorp customer.

This was posted 11 years 12 days ago, and might be an out-dated deal.

$50 Bonus for Opening an Eligible Everyday Transaction Account with Suncorp and Depositing $2000

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closed Comments

accounts opened between Monday 12 August 2013 and Friday 4 October 2013.

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