CBA is offering NAB customers $1200 to refinance their home loan. To open a credit card or deposit account, CBA is also offering NAB customers $100.
I cannot find it on the website so I have provided a link to an article in The Age.
http://www.theage.com.au/business/cba-tempts-nab-customers-w…
How did you open your account - in branch or over the Phone? Did you have to close your NAB account?
The payment of the bonus may also depend on the bank branch your account is at, and if this is the case it may have been a bad idea to open the account over the phone with the requirement that some CBA staff require the account closed.
I had some problems getting the $50 from the december nab kiosk promo, the bank branch of my credit card that the classic banking account was also set up to did not pay the $50, and it took a number of calls to get the issue resolved. Hope its not the same with this CBA promo, which maybe worse if the account needs to be closed.
when is this offer end?
Got my $100. Account created 22nd feb.. paid $100 on 11th March.. now to xfer funds and close the account :-)
is the $100 per customer or per account? I just went to a melbourne cba branch and they told me it's per customer and not per account. Which means, I can only get $100 for either a savings or credit card account. can anyone confirm if this is the case?
If you have a NAB Credit card and a NAB savings account, which you would have two cards, you can apply for a CBA credit card for $100 and you can apply for a CBA savings account for another $100.
Try asking at another CBA branch or over the phone, as there seems to be inconsistency or different terms at different branches.
I understand that some people here have obtained $200 when applying for a credit card and a savings account.
yea, i did tell them that other branches allows $200 in total per customer if you have both NAB savings and credit cards accounts. he replied by saying they may have put in the application, but CBA would know and will only allow one new account to receive the $100. I am aware there are a few people here who have managed to transfer both NAB savings and credit card to CBA but have anyone actually managed to get both $100? If they have, then perhaps it's worth going to another branch…
It's only a maximum of $100 per customer, that's what I was told. Nobody here has got more than $100, if there is such thing as $200 it would have happened already? $100 is already a lot considering NAB is only offering $50 for opening 2 new accounts.
the logan central cba said if you have a NAB Credit card and a NAB savings account, which you would have two cards, you can apply for a CBA credit card for $100 and you can apply for a CBA savings account for another $100.
Has anyone actually applied over the phone and not had to close their account and received the $100 payment?
I applied over the phone and was advised that i did not need to close my account, but still waiting on the payment.
There may also be a requirement that the terms and conditions where your BSB/local branch may require nab account closed, hope this is not the case.
a bit confusing after so many comment. i by myself is an exising CBA customer and NAB as well. Contacted CBA sing logged in secure msg asking abt this campaign and what I get is "this offer is for new customers only", "our bank wont accept if you close your account and reopen it to get the $100 bonus". Why did some of you say "its valid for existing cba customers"???
Any existing CBA customers successfully get the 100 bucks? did you close and reopen it? or did you open up a NEW(extra) Smart access account or an additional cba credit card account?
Those who got $100, share your experience with me please!
opem a new one, do it over the phone
I tried my local CBA and was advised need to close my nab account for the incentive, then I gave them an old iSaver account number with has no money in it, and ask them to close it for me. After the girl knew I have zero in that account and has nothing to be transfered to the new CBA account, she just told me I can close the account myself and no further proof required.
I believe the closing nab account is not necessary at all, they are just asking you to transfer you money from your nab account. So a bit disappointing to them to know both my iSaver accounts have no money and I will keep the main nab debit account which most payments, C/C and bills are linked with.
Now waiting for $100 incentive.
Received my $100 today, opened the account on 03rd of March. I was an existing CBA customer with few accounts including smart access. Went to Melbourne CBD branch, opened another/new smart access account, transferred $500 from my existing smart access to the new smart access account. And 3 weeks later-$100 bonus in my new account. Easy $100 made.
received my bonus yesterday, But only after 2 deposits of $100 over a week in addition to the initial $500. It seems they were waiting for confirmation of regular use as discussed over the phone when i complained it had not been received yet. I open my account about Feb 24.
great! will have a try tmr maybe, 've been struggling since am an existing cba customer as well. i can say "my friend" did it as well, hahaha
btw, did u ask them abt the offer when u opened it, or just simply open one without mentioning anything abt the $100?
Yes, first thing I asked them was if they know anything about the $100 offer(I went to couple of other branches and they had no clue). I also asked specifically if I was an existing customer can I still take up the offer.
thanks, did it today, gonna transfer $500 next monday, does it have to be transferred from NAB?
I transferred the $500 from my existing(old)CBA smart access account. But a friend of mine was told the $500 has to be transferred from NAB.Maybe check with CBA before making the transfer just to be safe. sorry can't be of much help…just don't want to give u wrong infos. Because I noticed few guys here also said the $500 MUST be transferred from NAB
I transfered $500 from a ubank account. It doesn't matter what bank the $500 is transferred from.
Got $100 deposited in new smart access account openend. $500 deposited on 16/3/2011, $100 received on 24/3/2011. Pretty effective it seems..
Has anyone actually got 2 deposits of $100 for both new smart access and credit card account opened? I know there are people who have managed to transfer two new accounts, but have they actually got a total of $200 deposited?
I deposited $500 on the 21/03/2011 and got the $100 bonus on the 24/03/2011. I applied for the Smart Access in a branch.
Got mine today also, and this account was opened over the phone on the 25th Feb and there was no need to close the nab account. Interesting that it was paid today as yesterday and the day before, some transactions were made in and out of the account.
think so, do they process them every thurs?
A friend of mine opened one last week and was asked to sign authorisation form, authorising CBA to close her account at NAB and transfer all balance to CBA. Can they do that?
Yes
I opened my account today over the phone .. have $500 going into the account tomorrow, I was told on the phone that the $100 would be in my account within a month … also was told that they would close my NAB account … meh, I only opened the account at NAB to get the $100 anyway!!
i was told that the $100 would be transferred within 6 WEEKS!! but he also said usually the more regular u use the account, the faster u get paid. did u sign any authorisation form to authorise them to close it?
coz i told them i dun hv money there ( i do in fact) and they trust me and said i dun hv to sign any thing.
I just gave my nab account number (no money in it), I applied over the phone. Am an existing CBA customer so it was a little easier!
How do you apply over the phone? what number do i have to call and what is the procedure?
when is this promotion end?
i think end of april?
i think end of april?
anyone has managed to get two batches of $100 for complete access and credit card accounts? from the forum, it seems most have gotten the $100 for complete access account… if there are people who got another $100 for credit card, maybe it's opening a new one as well…
u have nab credit card? i want to get the 100 for credit card but i already got one cba cc but no nab cc, did consider to apply one in nab, but it just seems not so worth opening a new credit card….plus there's an annual applied on nab one's
Isn't this sockpuppeting? this guy's the rep for weshare, he evn has it as his website
got my $100 bucks!!
opened account on 25th March, deposited $500 today(5th April)
easy $100 bucks!
thanks CommBank=)
Got my $100. Opened acct end of March, deposited (and withdrew) required $500. Paid yesterday
ditto … YAY!
not wrong rather inconsistent application of the CBA policy. lucky you to have to jump through less hoops. the purpose of my post above is to forewarn people in case they expect a payment prior to expiration of 60 days and if they do, what 'may' be required.