Happens to stumble upon a promotion by Bank of South Australia, where you get $50 for opening an account and depositing $500.
Keep in mind there's an account fee of $5 per month unless you deposit $2000 each month, so it is only worthwhile if you are planning to actually use the account (or don't mind setting up direct debits to bounce your fund between BankSA and your main account each month).
Full details below:
Simply open a Complete Freedom account by 11/12/15 and deposit $500 before 9/02/16 and we'll contribute another $50 to your account (conditions apply).*
Visa Debit card1 (Terms and conditions)
Internet and Mobile Banking (Terms and conditions)
$0 monthly account service fee when you deposit at least $2,000 by the last business day of every month (otherwise $5)
No ATM withdrawal fee at over 3,000 BankSA, St.George, Bank of Melbourne & Westpac ATMs around Australia
Customers will be eligible to receive a $50 payment if they open a Complete Freedom Account between 19 November - 11 December 2015, and deposit a minimum of $500 into that account before 9 February 2016. Offer does not apply to customers who have opened a Complete Freedom account in the 12 month period ending on 19 November 2015. Offer limited to one $50 payment per qualifying Complete Freedom Account. The $50 payment will be credited to the eligible customer's Complete Freedom account by 10 February 2016. This offer is not available in conjunction with, or in addition to any other special offers, negotiated rates or discounts. Read the terms and conditions at banksa.com.au before making a decision and consider whether the product is appropriate for you.
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