Westpac Choice Transaction Account: $50 Cashback for under 25's (When You Deposit $250 within 45 Days)

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lock23 on 11/10/2018 - 11:54 westpac.com.au (284 clicks)
Last edited 11/10/2018 - 11:59 by 1 other user

$50 cashback for depositing $250 within 45 days into a new Westpac Choice Account if you are under the age of 25. Depositing $2,000 per month will waive the $5 per month account keeping fee.

$50 Offer: Fees and charges apply. Read the terms and conditions before making a decision and consider whether the product is appropriate for you. Excludes customers who have held a Choice account with Westpac anytime from 8/10/17.

You must be under 25. Eligible customers need to open a Choice account online between 8/10/18 and 17/01/19 (inclusive) and deposit a minimum of $250 within 45 days of account opening. Eligible customers who have completed identification will receive $50 deposited into their account within 60 days of account opening. Offer limited to one $50 deposit per eligible customer.

Where a joint account is opened, the offer is limited to only one $50 deposit in respect of the account. If one of the joint account holders has already received their $50 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. © Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.

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• 

  colaman on 11/10/2018 - 12:07

  +5

  Age discrimination.

• 

  willyroo on 11/10/2018 - 12:23

  +1

  What a rubbish account. $5 monthly service fee, overseas transaction fees, no interest payable. They're simply hoping you'll sign up for the $50, and forget to close it before the fees eat up the "bonus".
  Even in the middle of the Royal Commission, they - the Big 4 - still just.don't.get.it
  Just get a Macquarie or ING savings account and ignore this rubbish.

  • 

    dsar on 11/10/2018 - 12:25

    +1

    Ignore? No, take advantage and make another $50!

    • 

      chyawala on 11/10/2018 - 13:02

      less two atleast 2 months of fees @ $5 pm, plus the hassle of opening and closing, no thanks.

      • 

        dsar on 11/10/2018 - 13:14

        No monthly account fee if you deposit at least $2,000 each month (other fees may apply).

        All in all it'll probably take me 5-10 mins to get $50. Definitely worth it in my books.

  • 

    coprocessor8087 on 11/10/2018 - 13:06

    This is still better than waiting for a ebay 20% discount code and force yourself to buy $250 things that you don't need.

    • 

      Scab on 11/10/2018 - 14:15

      Unless you die and they keep charging you fees.

• 

  oscargamer on 11/10/2018 - 12:26

  +2

  Please amend title to reflect the minimum age of 12 !

  Thought I would open an account for our little one, but she's under 12. So no can do.

• 

  docians on 11/10/2018 - 20:29

  My personal 2c
  Tried to open an account for my son for the companion math program- mathspace
  Website said too easy
  After racking my brains found out he has to be at least 12 to do so online

  No information on how to go about it if under 12

  Called customer service- no worries just go to your closest branch with your son and documents- too easy (infact that was precisely how I opened an account for him at the CW bank)

  Went to the local branch with my son only to be told you need to make an appointment first. No such info online or through customer service.

  Told the lady at the counter I wish I was told that I needed an appointment- she said tough. Then told me I must be doing something wrong as she opened an account for her 9 year old online only last week

  Went home and signed up for Mathletics instead

  So tried to give my money to Westpac online- they said no

  Tried in person to give them my money- they said make an appointment!

• 

  smuggler on 21/10/2018 - 10:28

  Does that include people who are 25?