FREE COFFEE at NAB branch on 75 Elizabeth Street, Sydney CBD.
Limited time. Do not need to be an NAB customer. Free for all.
FREE COFFEE at NAB Branch on 75 Elizabeth Street, Sydney CBD
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Agree, no such thing as a free coffee.
There will be an exit fee when you leave.
"…bitter & cold."
Just like a banker's heart ;)
I found the PDS
Fee Schudule for FREE* cup of coffee
$2 for cup
50c sugar
75c milk
$10 takeaway
$7.50 drink inIf you prefer tea
$30 conversion fee$10/min conversation fee
$20/min response fee (on top of above conversation fee)
$50/min action fee (on top of conversation & response fee)floor rental fee (per minute or part there of)
0-29kg $5/min
30-64kg $7/min
65-79kg $9/min
80-99kg $12/min
99kg+ (you must be a banking exec) $12m credit)
you left out
"do not have to be a customer to get free coffee, but we only transact fees via NAB accounts. You are free to drink the coffee directly from the machine on the spot…we charge a spillage fee of 10c/ml spilt."
If I recall correctly NAB was first of the big four to abolish account-keeping fees (with no conditions like minimum deposits), overdraw fees and overlimit fees. If the result is they're viewed as no better than their peers, they may as well bring them back.
People are rightly cynical. If the bank has volunteered to scrap a whole raft of fees, then one of three things has to happen: A) Profits fall leaving bitter shareholders, B) Profits are kept the same by raising interest rates or not passing on other savings, C) Profits are kept the same or even rise because people migrate to NAB.
(A) will be avoided at all costs by management. (C) is what management is hoping for. (B) is the most likely outcome.
I recently got a mortgage with the Big Four where the institution offered no application fee before June 30. After June 30 the exit fee has been scrapped (by law), but the application fee ($600) is back. To paraphrase NAB's marketing line: A Little Give, a Little Take. In case anyone's wondering, there were numerous reasons for not going with a building society or regional bank.
Just one small fault in your argument… Reducing fees doesn't automatically reduce profits. It could very well increase the amount of customers they get and most probably increase profits which I assume was their aim.
Sounds like its a freeƒ for∆ all^!
ƒ Conditions apply
∆ Limited offer
^ Consult the product disclosure statement for applicability of this offer
Don't forget:
The coffee does not take into account your personal circumstances, and you should carefully consider your personal circumstances before drinking it to see whether it is suitable to you.Past coffee performance is no indication of future performance. Please consult your licensed Barista advisor for more information. Offer is subject to change without notice.
I had 2 mochas already, yum!
They did ask some questions, but wasn't forceful or anythingKeeping the freebie all to yourself eh! Where's the love? :-)
Is it free "real" coffee or "instant coffee machine" coffee?
real coffee, there is a barista there with his coffee machine and all.
ends this friday I was tolddoes he give you incorrect change back as well as part of the honesty campaign theyre running? (youtube it)
I'll have a large skinny soy triple shot cap, 1/8 sugar, extra sprinkle of chocolate and a twist of lemon. ktnxbye…
Would you like a home loan with that?
Airy fairy yuppy…
no catch, no exit fee, no committment.
I'm with CBA and there was no pressure to change.
Just lined up and got my coffee and left. easy.
Can I neg this because of their stupid Ads and marketing that means nothing? (I wish)
Is this for the whole day or at selected times only?
do it in melbourne, then at least i'll have something to look forward to, going to the bank!
Instant coffee? I can do it myself.
If you skipped through the thread that quickly before posting, maybe you've had enough coffee for today!
Really need a coffee before read through a long post :p
help yourself, it's free… at NAB Elizabeth Street ;)
Free real coffee at my local CBA. Not enough reason for banking with them, though…….
Just like the comm bank, won't make a move (in the right direction) until anyone else does.
One of My working place is near the NAB branch, i will not miss out to have a try.
Not sure if it's all branches.
The one on corner of Elizabeth and King has a board outside saying FREE COFFEE.
almost worth the trip to the city
what, so now they are charging a fee to cough in the bank, a cof fee and today they are allowing you to cough for free. well I never. a deal to be sneezed at, at least its fee free.
WHAT DO THEY EXPECT TO ACHIEVE WITH THIS???
I don't know. Everybody knows that OzBargainers have no money. That's why they line up to save $2 and flock to any location where there are freebies.
More give, Less take.
Actually if another business were doing this there wouldn't be any cynicism, it would be seen as just normal advertising spend. It's just that we all hate banks, for reasons we all know.
I work for NAB, it's the marketing guys up to something again. They seem to have the most fun at present moment.
Ie: grand piano in Docklands with a guy playing breakup songs, Etc.
What the hey, Free Coffee!
It's NAB, there'll be some hidden charge, and it'll be bitter & cold.