This was posted 16 years 6 days ago, and might be an out-dated deal.

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$50 Cash Present When Sign up Rabo Saving Account (Fee Free)

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$50 Cash Present When Sign up Rabo Saving Account (Fee Free)
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Blinda on 17/12/2008 - 09:38 communication.raboplus.com.au (1241 clicks)
Last edited 23/09/2010 - 04:19 by 2 other users

Got this link from my friend.

If any one wanna get a free $50 cash in your saving account this X'mas. This is the time. No tricks.

Idea: Get a fee free saving account and make a $1.00 desposit and get $50.
Dunt use it as a main saving account, as they only offer 5% interest.

If you do wanna get a saving account, go sign up a saving account with Arab bank which current offering 7.2%.

Merry X'mas

Ref:
Your friend has invited you to join them as a RaboPlus customer, and has nominated you to receive a $50 cash present in a RaboPlus Savings Account. Simply follow the link and open your RaboPlus account before 15 January 2009.

From the terms and conditions:

Those RaboPlus customers who hold an Account as at 15 December 2008 and send to their Friends an Invitation in accordance with these terms and conditions, may be eligible to receive a $10 cash gift, deposited to their Account, for each Friend who opens an Account using the email Invitation and receives an Allocated Gift. The maximum amount a RaboPlus customer can receive under this arrangement is $150 and any amount to be deposited will be deposited once RaboPlus has opened the Friends’ account.

Thanks Sccotty. I clocked out early yesterday.

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closed Comments

  • M27 on 17/12/2008 - 09:44

    "… Your friend, Ying Ma, has invited you to join …."

    No thanks, Ying Ma.

  • scotty on 17/12/2008 - 09:44

    You sure "Ying Ma" is your friend? :)

    Not sure how this can beat the Arab Bank deal posted earlier. I was going to post "my friend's link" as well this morning, but then stumbled on the previous deal…

    Edit: beaten by M27

    • Blinda on 17/12/2008 - 09:47

      Is that gonna be a prob?
      Anyway, just think it's good to get a free $50 bucks.
      You can remove it if it's not okay.

      • passerby on 17/12/2008 - 09:50

        I think your friend forgot to mention that (s)he will receive $10 with each friend who signs up via the link?

        • scotty on 17/12/2008 - 09:54

          Oops. I missed that. From the terms and conditions:

          1. Those RaboPlus customers who hold an Account as at 15 December 2008 and send to their Friends an Invitation in accordance with these terms and conditions, may be eligible to receive a $10 cash gift, deposited to their Account, for each Friend who opens an Account using the email Invitation and receives an Allocated Gift. The maximum amount a RaboPlus customer can receive under this arrangement is $150 and any amount to be deposited will be deposited once RaboPlus has opened the Friends' account.
      • scotty on 17/12/2008 - 09:51

        No. Not a problem at all. It might have problem competing with other deals though, as RaboPlus' interest rate is not really competitive at the moment.

        • Blinda on 17/12/2008 - 09:54

          I'll just deposite a $1.00 to get the $50.
          Not gonna use it as a saving account.
          7.2% is pretty attractive. I'll get a Arab one

        • passerby on 17/12/2008 - 09:56

          @ Scotty: Yeah, you're right. They used to be one of the bank with the highest interest rate though.

  • smccoy on 17/12/2008 - 11:45

    I won't say no to $50…

  • ViperAMD on 17/12/2008 - 16:27

    Can anybody give the non-referral link to this deal?

    • SomeGuyOnOzB on 18/12/2008 - 09:13

      No non referral link. :) Deal only available through "friends" :)

  • quackster on 17/12/2008 - 18:46
    +1

    Who cares if they make money out of it. It seems like theres no way to join without a ref link. IMO its better rewarding the poster of the deal than letting the bank keep the $10!

    edit: It would have been better if they admitted it in the first post though.

    • ViperAMD on 17/12/2008 - 20:38

      good point. Will sign up now :).

  • cyone on 17/12/2008 - 19:03

    GREAT DEALS!! GREAT IDEAS FOR CHRISTMAS SAVING

  • hockey on 17/12/2008 - 21:30

    Is this bank safe or genuine ? How come it ask for your other bank BSB and account number to link up when you register to open an account ?

    • flyingtrapeze on 17/12/2008 - 22:31

      online account generally uses another bank as "transaction" part of the account thus needing BSB and account number. the up side is that you get good interest rate and they keep their overheads low.
      online account has been around in Australia for many years now (at least 10 yrs when ING direct started back in the 90's)
      Rabo bank is one of the safest bank with AAA credit rating. But with Financial meltdown in 2008, the term safe bank almost took on a new meaning.
      The Australian Government has given blanket protection to all bank savings, including Rabo bank.
      I opened an account with them last year, and received the $50. I also received a security token that makes online bank safer (two factors authentication).
      Some of my co-workers in the office felt that $50 is not enough incentive for them to open an account. This is possible, given I received 2x US$25 amazon gift cards recently for doing short online surveys.

      Hopes this helps.

      • masa on 17/12/2008 - 22:43

        Thanks for the comment. I was also hesitating for it.

      • SomeGuyOnOzB on 19/12/2008 - 10:31

        :) Can I ask, which survey gave you the amazon gift cards? :) Are they still offering? :)

  • snoopy on 17/12/2008 - 23:43

    Is there any restrictions on when you can withdraw the $50?

  • TrendyTim on 18/12/2008 - 08:07

    Now i have to decide if i can be bothered sending in forms for an account, why cant it all be online damnit.

  • SomeGuyOnOzB on 18/12/2008 - 09:15

    Hi Blinda, when you get your 15 referrals (I think you can see progress when loggin in) can I give you my link to post? :)

    -> Scotty which banks are competitive at the moment? :)

    • Blinda on 18/12/2008 - 09:45
      +1

      Hi Fundit,

      First it's not my referal link. Sure I can edit the post with your link in.

      Anyone else wanna put their refeal link, just post in this thread, I'll do the same.

      Scotty was saying Arab Bank- (7.2% interest). See my post

      • bargaintick on 18/12/2008 - 13:12

        Hi Blinda, still waiting for your referral link.
        I'm sure your friend has already got enough referral credit from your original post :)

        Better yet, just edit your original post with your referral link with proper explanation (e.g. based on the suggestions of some replies, I decided to put my referral link instead). I personally think that's fair.

    • cacbm on 18/12/2008 - 10:12
      +1

      Just post your referral link, i'd much rather one of our fellow OzBargainers get the $10.

      • SomeGuyOnOzB on 18/12/2008 - 13:55

        Thanks cacbm :)

        this is my link

        If you don't have any Raboplus accounts then, fill out the application, I think give them $1, they give you $50 and they give a fellow OzBargainer $10. :) (ie me)

        Thank you in advance to other kind people :)

        Almost forgot, there is a draw as well to hand out a few $1000 prizes too.

        • SomeGuyOnOzB on 07/01/2009 - 10:55

          Thanks everyone :)

          Just confirming I received an "incentive" payment gift of $40, so I think 4 people were able to get $50 gifts through my link :)

          Thank you again :)

  • scotty on 18/12/2008 - 19:17
    +2

    Hi all — feel free to post your own referral links for signing up, and Blinda or the mods will add them to the list appended at the end of the main post.

  • eleana on 21/12/2008 - 10:59

    Hi all, did anyone try this and really get $50 in bank account? And how long is the processing time?

    • flyingtrapeze on 21/12/2008 - 11:42

      did this last year around the same time for the whole family (tree) plus friends. processing time depends on if you send in your paperwork quickly or slowly. 100 points ID will apply as per usual. parents can open accounts for children. can also apply accounts for business, family trusts, sole traders etc. the ones that applied early last year got their $50 really quickly, the rest had to wait as the processing center received more and more applications.
      hope this helps.

      • eleana on 22/12/2008 - 15:51

        Thanks for your reply. As I've already used foundit's link, so I sent your one to my partner, he will use ur one. Cheers :)

        • flyingtrapeze on 22/12/2008 - 21:35

          Good to hear. I have 2 kids, and we opened accounts for them as well.

        • SomeGuyOnOzB on 23/12/2008 - 10:59

          Ooh :) Thank you :) :) :)

  • Jing on 22/12/2008 - 09:51
    +1

    Yeah, I signed up last year too - the $50 took about two weeks to be deposited to my account after I opened it. Raboplus has a pretty cool security device you use to log in too ;)

  • bubbles on 15/01/2009 - 13:37

    Hi all, looking to open an account with Raboplus who needs to earn more "incentive" money?
    Do not want to "waste" it if you have reach the maximum of 15 already, thanks.
    How easy to withdraw/ transfer out the 50 bucks?

  • bubbles on 15/01/2009 - 13:37

    Oh….pls let me know asap.

    • SomeGuyOnOzB on 15/01/2009 - 13:40

      I haven't reached the 15 :)

      thanks :) :) :)

      Is the offer still available? :)

      I found transferring money in and out to be fairly straight forward :)

  • chloden on 15/01/2009 - 15:05

    Hi foundit , I did myself and kids on you link yesterday :)

  • SomeGuyOnOzB on 15/01/2009 - 15:31

    Awww :) :) :) thank you everyone.

    Bubbles, hoping you do get the $50. Depending how they've built their system, you may still get the $50 if you join today :)

    from the invite … "Simply follow the link and open your RaboPlus account before 15 January 2009."

  • bubbles on 16/01/2009 - 00:23

    Thank you, fingers crossed :)

  • eleana on 23/01/2009 - 20:45

    I've got $50, it is easy to transfer out.

  • chloden on 10/02/2009 - 09:16

    Got my $50 about a week ago. So all done in fast time. Thanks again for the post.

  • SomeGuyOnOzB on 10/02/2009 - 10:03

    Thank you too to Blinda for posting my link, Scotty for letting us put our links up, Chloden and everybody who used my link :)

    Just checked it and I think at least 15 people got a $50 bonus from Rabo plus :) :) :)

    Happy bargain hunting to everyone and thank you again :)

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