This was posted 7 years 1 month 17 days ago, and might be an out-dated deal.

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Receive $10 When You Open a Complete Freedom Account with St.George or Bank of Melbourne and Deposit $100

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Receive $10 When You Open a Complete Freedom Account with St.George or Bank of Melbourne and Deposit $100
Go to Deal
Katie2014 on 06/10/2017 - 12:09 stgeorge.com.au (75 clicks)
Last edited 06/10/2017 - 12:10

Previous offer was Bonus $50 with a $500 deposit and expired on the 30th September.

Open an account online by 30th of November and deposit $100 within 45 days and we’ll chuck in $10

Link to Bank of Melbourne
Link to St. George
Link to BankSA. BankSA are still offering $50 when you deposit $500 ($250 deposit required for student accounts). Offer ends on 31st October.

Fees:
$5.00 Monthly account service fee (If you don't deposit $2000 a month)

If you are a student you can apply for the Complete Freedom Student Account to have the monthly fee waived.

T&Cs
Excludes customers who have held a Complete Freedom Account with St.George, Bank of Melbourne or BankSA anytime from 1st October 2016. Not available with any other new account offer. Eligible customers need to open a Complete Freedom Student Account online between 1st of October 2017 and 30th November 2017 (inclusive) and deposit a minimum of $100 within 45 days of opening the account. Eligible customers will receive $10 deposited into their account within 52 days of account opening. Offer limited to one $10 deposit per eligible customer. Where a joint account is opened, the offer is limited to only one $10 deposit in respect of the account. If one of the joint account holders has already received their $10 deposit in respect of another account, then none of the remaining joint account holders will be eligible for the offer in respect of the joint account.

Financial

Related Stores

St.George Bank
St.George Bank
Bank of Melbourne
Bank of Melbourne

closed Comments

  • citygal on 06/10/2017 - 12:12
    +1

    $10? What happens to the $50 they offered for new customers in the past? I wonder whp will open an account just for $10

    • Maverick-au on 06/10/2017 - 12:20

      $10? What happens to the $50 they offered for new customers in the past? I wonder whp will open an account just for $10

      Didn't you read what the poster wrote? The $50 they offered customers in the past will be paid to them and $10 for customers in this promo.

      If you're undecided between a few banks $10 is what it might take to swing a potential customer, seems a bit low but the marketers surely know what they're doing.

      Who would open an account for $50 equally applies and most people open them with no incentive.

  • c64 on 06/10/2017 - 12:40
    +1

    $10 is not much of an incentive …

  • OzyBe on 06/10/2017 - 12:42
    +4

    Stingiest offer ever.

    If you are planning to save, may be better to forgo the $10 'bonus' and consider an account that pays better interest.

    RAMS currently offers highest interest rate of 3% (if no wd's made, and $200 deposit made per month).

    ME offers 2.95% and very flexible providing you do a tap and go each week using connected card.

    Not sure if $10 covers the effort of reading the t&c's

  • raiseyoursteaks on 06/10/2017 - 14:14
    +3

    I can say that opening an account with St. George is quite a hassle. First the online application, then the activation. Friend didn't have to go in to Bank of Melbourne for activation, I had to. Then realised my friend's card was setup incorrectly and he eventually had to go in as well.

    Then here comes their security questions which are their attempt at AI. Bear in mind, these are not the pre-set questions you enter when you open your account. I've had questions like "How much do you usually deposit into this account"… I'm like mate.. I'm just at activation stage why are you asking me this? Was told they have to key in as we answer.. Then the next question gets better, they asked about BPAY and the merchants that I frequent etc. I haven't even got through the activation stage and they have these supposedly "security" questions to get by before talking to you. And if you fail…you need to go into the branch.

    Even for the $50 it wasn't worth the hassle..

    • random12 on 08/10/2017 - 22:19

      lol, I recently applied for a BankSA card (and I am quite sure they are part of the exact same area in Westpac Group).

      The security questions were about how many other accounts I had ( 1, as this was the first). It's so stupid. The answers are so predictable anyway, because I would assume that for most people they would only have one account.

      • raiseyoursteaks on 09/10/2017 - 15:20

        man… the questions that came to me..can't recall exactly but it was so dumb. They even asked the same random question in the bank. Lady at the other end saying she is only reading out what the system is spitting.

  • miq on 06/10/2017 - 14:45

    $10? Lol.

  • King Tightarse on 06/10/2017 - 18:16
    +1

    $10 too stingy CBF

  • grasstown on 06/10/2017 - 18:38

    Lol

  • snappy1234 on 07/10/2017 - 20:51

    Had a similar thing happen when i opened a Westpac account (Westpac owns St G.)

    Not worth it for a tenner…

  • freemoneyhunter on 08/10/2017 - 18:17

    hehe, $10 who would bother even for $20. $50 is the minimum I do for opening bank accounts.

  • ajd4096 on 08/10/2017 - 18:52
    +1

    $10 paid after 52 days, less $5/mo fee.

    Where's the bargain?

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