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Get $40 for Opening a Macquarie Platinum Transaction Account Plus Free Upgrade to Platinum

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Get $40 for Opening a Macquarie Platinum Transaction Account Plus Free Upgrade to Platinum
Go to Deal
Bargain4U on 25/01/2017 - 14:26 macquarie.com (6566 clicks)
Last edited 10/03/2017 - 16:36 by 3 other users

Use referral links at bottom of description, not the main link.

Open a Platinum Transaction Account by 31 March 2017 and automatically get upgraded to the Platinum Transaction Account, without the need to deposit $4,000 per month. Just spend more than $250 in the first 30 days using your new debit card.

For you to be eligible for the $40 reward, you must:

  • Open a Macquarie Platinum Transaction Account between 12:00am 25 January 2017 and 11:59pm 31 March 2017 using unique referral link.
  • Make $250 or more of purchases using new Macquarie Platinum debit MasterCard within 30 days of opening your account.
  • Not have held a transaction account with Macquarie prior to 24 January 2017.
  • Not be an employee of Macquarie Group.

Platinum Transaction Account Benefits:

  • $0 ATM Fees
  • $0 Account Fees
  • $0 International Purchase Fees
  • 50c reward for the first 200 cash out transactions of $100 or more each year in retail stores

MOD: Referral wiki removed. Use randomised referral instead.

Financial Bank Account Banking Transaction Account

Related Stores

Macquarie Bank
Macquarie Bank

closed Comments

    • Bargain4U on 10/03/2017 - 16:26
      +1

      Not that I am aware of. Why not do it for the free $40 at least? You can close the account anytime after you get your money.

    • bluesky on 10/03/2017 - 18:01
      +1

      This account has this nice feature, you can have automatic debits/scheduled payments from the savings account (which is automatically opened with the transaction account). That way, whatever money is in the savings account is earning interest, until the debit/payment date. No need to transfer money to transaction account for such purpose. I have been using this a lot. Really handy! :-)

      Hopefully, this means you can leave the money for the automatic debits in the savings, and not rely on the overdraft (which you may do, if payment is made from transaction account, and funds need to be transferred from savings account).

      Edit: Found the below section here, in case it is relevant:

      Overdrawing your Account

      There is no overdraft facility offered on Macquarie Transaction, Platinum Transaction, Offset or Savings Accounts. If your Account has a negative balance, you will be charged interest at the overdrawn rate of 16.40% pa. Refer to section 9 (Overdrawing your Account) of the Macquarie transaction and savings accounts terms and conditions for further information.

      So, pretty steep interest rates if account is accidentally overdrawn.

  • Scrooge McDuck on 11/03/2017 - 12:06

    Got paid!

    Thanks OP and OzBargain, nothing better than a free money deal. :D

  • demiurge on 11/03/2017 - 12:13

    Never got paid.

  • tqf8h on 11/03/2017 - 18:27

    I spent $250 exactly and still haven't recieved the money yet. Do I have to spend more than or does the $250 count. Has anybody else in this situation got the money yet? Made the purchase at the beginning of Feb.

    • 17833 on 11/03/2017 - 18:51

      In exactly same situation, partner and myself still waiting, purchases for $250 made early Feb.

      • tqf8h on 11/03/2017 - 19:23

        T&c's say
        Refer a mate eligibility criteria

        Open a Macquarie Platinum Transaction Account between 12:00am 25 January 2017 and 11:59pm 31 March 2017 your unique referral link.
        Make $250 or more of purchases using their new Macquarie Platinum debit MasterCard within 30 days of opening their account.
        Not have held a transaction account with us prior to 24 January 2017.
        Not be an employee of Macquarie Group.

        So hopefully we will get the money soon

        • Minnie on 03/04/2017 - 11:11

          Same here, spent more than $250 within the first month since the account is opened, but no $40 so far…anyone got their $40 already or still havent received theirs yet?
          (opened account on 30 Jan, made more than $250 purchases on 15 Feb)

        • tqf8h on 03/04/2017 - 11:17

          @Minnie:
          I still haven't recieved the money yet, and it's been more than the 60 days of account opening. I'm planning to call them up around next week if I still haven't recieved it by then.

        • Minnie on 03/04/2017 - 11:20

          @tqf8h:

          Thanks please let me know if there's any update on your side.

        • [Deactivated] on 04/04/2017 - 20:35

          @tqf8h:

          I also haven't received mine and yesterday was the 60 day mark for me. I opened my account on the 2nd of Feb and made exactly $250 worth of purchases on the 2nd of March. Please let us know of the result if you call them.

        • Turd on 09/04/2017 - 07:02

          @nurries: did it come through? Check your account now

        • Turd on 09/04/2017 - 07:03

          @tqf8h: check your account now

        • Turd on 09/04/2017 - 07:03

          @Minnie: check your account again now

        • [Deactivated] on 09/04/2017 - 10:56

          @Turd:

          Yeh, it came through yesterday, thanks.

        • tqf8h on 09/04/2017 - 11:14

          @Turd:

          Still not in my account yet :(

        • Minnie on 12/04/2017 - 17:39

          @Turd: just checked now, no sorry. I used your referral code…

        • Turd on 12/04/2017 - 18:44

          @Minnie: strange maybe there is a 3rd batch

        • Turd on 21/04/2017 - 12:56

          @Minnie: There is a 3rd batch that was posted Thursday!

        • Turd on 21/04/2017 - 13:07

          @tqf8h: Check now?

        • tqf8h on 21/04/2017 - 14:30

          @Turd:

          The $40 has finally arrived in my account. Thanks!

        • Turd on 21/04/2017 - 15:26

          @tqf8h: ^_____^

  • thydzik on 14/03/2017 - 11:09

    8th march, I Bank With Macquarie Winner, $80
    thanks ozbargain!

  • chowmanly on 16/03/2017 - 01:26

    $40 arrived couple of days ago . Sweeteeeeeet

  • Findo on 22/03/2017 - 11:19

    Has anyone received their $40 yet?

  • aaronaldo on 27/03/2017 - 13:22
    +6

    Woah, just checked my account and got credited $520! Thanks OzBargain!

  • 4foxache on 28/03/2017 - 10:05

    Just a word of warning for anyone contemplating opening a Macquarie transaction account.

    I opened one and transferred a small amount into it no problems from Bankwest. I then setup my pay to be made into the new Macquarie account (from a big 4 bank) and confirmed all the details etc were correct. 1 month later my pay had still not been received into the Macquarie account and it was confirmed that 'somehow' it had been lost and they'd never received it.

    Magically they called me up one day to say they'd 'found' the money and would credit it into my account immediately which they did however they never elaborated on how or why the money was lost. So I transferred the money straight out and closed the account.

    Any bank who magically loses your money for over a month and we are talking in the $3-4k range then somehow finds it with no explanation has a vote of ZERO confidence from me. So be warned!

  • arthur2633 on 29/03/2017 - 18:31

    spend more than $250 in one transaction or spend $250 in one month with many transactions more than $250?

    • nickomac on 29/03/2017 - 18:33

      many transactions in one month totalling <$250

      • arthur2633 on 29/03/2017 - 18:34

        Thank you for answering :)

  • buthidae on 08/04/2017 - 01:48

    Got my $40 today, love your work OzB!

  • Reveen on 08/04/2017 - 12:36

    Second batch of rewards have been processed.

  • [Deactivated] on 08/04/2017 - 13:12

    Also got mine today! Free $40 :D

    • Turd on 09/04/2017 - 07:04
      +1

      Oops replied above , nice you got it!

  • Turd on 09/04/2017 - 07:02

    Great to here 2nd batch of payments coming through!

  • 17833 on 09/04/2017 - 09:18
    +2

    My partner and I still haven't received the $40 in either account, we signed up soon after this was posted and met the qualifying spend. Think I used the referrals of Turd and the OP. Hopefully it will come soon. The categories bit is interesting in the online banking, I paid my rates at the council which it categorised as "leisure" (quite the opposite).

    • Turd on 21/04/2017 - 12:55
      +1

      Check account now?

      • 17833 on 21/04/2017 - 13:04

        Yes, arrived on the 21st, thanks)

        • Turd on 21/04/2017 - 13:06

          Enjoy!! Shoulda signed up more people!!! he he

  • Turd on 21/04/2017 - 12:56
    +1

    3rd batch of payments have come through now

    • Bargain4U on 23/04/2017 - 18:07

      Is there a reason why you have had half the comments on this deal?

      • Turd on 24/04/2017 - 09:34
        +1

        To help others?

      • Reveen on 24/04/2017 - 12:24
        +1

        To collect the monies!

        • Turd on 24/04/2017 - 13:46

          That's a side thing. And extra bonus, like superannuation.

          Put in effort 110 percent and you will get rewards!!

  • Turd on 05/05/2017 - 23:17
    +3

    4th batch of payments came though for remaining few today 5th May

  • simosimo on 08/05/2017 - 19:01
    +1

    WORST BANKING EXPERIENCE EVER!!!!
    opened an account under this promo, one night I get a notification through the mobile app that a transaction was denied - someone tried to use my card in another state! but lucky I didn't have enough balance for their purchase. I don't know the correct process is if something like this happens, but they didn't seem to care to tract down the location of the transaction and file a report, they just kept on saying they can issue a new card. Never had this happen before so i decided to cancel my account, called them up and the guy says to close an account you have to write them an email stating the reason for cancellation plus attach ID plus a cash withdrawal form from their website. Regret opening this account for all this trouble.

    • simosimo on 08/05/2017 - 19:07
      +1

      there is also a $10 fee on that cash withdrawal form. I will just leave the account zero!

      • 17833 on 08/05/2017 - 22:41

        Same, crazy process to close the account. Couldn't believe it. Didn't even have to show ID to open the account!

  • afrowan on 11/05/2017 - 16:03
    -1

    i was trying out the cba atm today with the debit card, after i input my amount in and press ok, the screen shows a message that "this service will charge $2.00" and also your (macquarie) might occur a charge for this transaction.

    anyone else have this problem?

  • coolsteps on 17/05/2017 - 13:18

    got over $400 in referral credits and i think its still rolling in?. is the referrals links still active and is their a limit? wife has account too but never got emailed a referral link how does one get one apart from the email?. best promo ever!

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