Not sure whether it's proper to post it here. But I think it's a decent deal in case OzBargainers don't know.
This is newly added on Cash Rewards: HSBC Bank currently pays up to $60.00 Rewards on purchases not including freight, delivery and GST (if applicable). If you use a voucher or coupon code that is not listed on this site, rewards may not be payable.
Cashback Amounts Awarded
$34.50 Cashback on HSBC Serious Saver Account
$31.75 Cashback on HSBC No Annual Fee
$51.75 Cashback on HSBC Qantas Frequent Flyer
$51.75 Cashback on HSBC Platinum
$60.00 Cashback on HSBC Home Loans
$43.25 Cashback on HSBC Flexi Saver ***
*** The best option for now is to open a Flexi Saver (fee free) and get $43.25 cash back.
i think "no annual fee" is a credit card rather than an everyday transaction account.
hsbc used to offer $100 for opening an everyday transaction account.
http://www.ozbargain.com.au/node/78939
http://www.ozbargain.com.au/node/63072
i think you are better off waiting for that