$50 for opening an account using a referral code from an existing eligible member (see below), and making at least one transaction on the account. The referrer also gets $50. My local branch says they are not aware of any limit on referees, the whole idea is to get as many new customers as possible.
It's only up to two weeks to get the $50 payment into your new account.
Full terms and conditions from the sign up page:
Terms & Conditions
$50 reward applicable where referee opens a new membership with People's Choice Credit Union and an eligible transaction or savings account between 15/5/2014 and 7/9/2014 and during this period conducts at least one transaction, not including the $2 share, on the new account. Each referee must register their new membership number and the referrer's individual code via peopleschoicecu.com.au/matemachine. For both parties to receive their reward, registration by the referee must be made and the referee must have conducted at least one transaction on their new account by 7/9/2014. The referrer will receive $50 for each referral that meets the requirements of eligibility. The referee will receive $50 for opening a new membership and a transaction or savings account with People's Choice Credit Union and meeting the required transaction criteria within the campaign period. $50 reward will be credited to the referrer's and the referee's eligible People's Choice Credit Union account within a 2 week period of the transaction criteria being met. Only one payment of $50 will be made where the eligible account is held by joint members. Separate payments will be made into the referrer's account for each new member that meets the Mate Machine criteria for payment. The narration for this payment will be labelled as Mate Machine. Current as at 1/5/2014. Offer subject to change at any time. People's Choice Credit Union, a trading name of Australian Central Credit Union Ltd. ABN 11 087 651 125. AFSL/Australian Credit Licence 244310.
My referral code is MC118895
Mod: Moved referral code to bottom of description.
Which accounts are eligible? Can't seem to find a list.