• expired

$50 Bonus - Open Account and Make a Trade CBA/MyWealth

100

repeat of a couple of previous posts but they're marked as expired so (as the Milky Bar Kid used to say) here we go again

https://www.ozbargain.com.au/node/114905
https://www.ozbargain.com.au/node/131969

Related Stores

Commonwealth Bank
Commonwealth Bank

closed Comments

  • +1

    this has been going on for at least a year from memory.

    • yeah, belongs in the forums, it's not a bargain, it's a regular bank offer.

  • (as the Milk Bar Kid used to say)

    Do you mean the Milky bar kid ?

    • yes

  • Here's a question: Is this in conjunction to the "first 6 trades are free", or not?

    8:12PM EDIT I'm referring to this promotion

    • Yes and no.
      Open a Commsec account - first couple of trades free (see the Ts&Cs for specifics)
      Open a MyWealth account and make a trade - $50 bonus. Brokerage is charged at 19.95 (free trades only if done through Commsec using the above offer). Essentially, a $30.05 reward.
      Having said that, you have to put up a fight with CBA to get these offers honoured.
      Opened both since I wanted to start investing in ETFs and shares. Got my Commsec offer, still waiting for the MyWealth bonus.

      • What is the difference between Commsec and MyWealth they seem to be different trading platforms offered by the same bank :S

        Also this offer was much better when all you had to do was open and deposit $1000 into the cash account to get the $50 bonus.

  • +1

    This is in the T&C's -> "This offer is only available to customers who access this page via a MyWealth targeted communication or a MyWealth banner."

    So looks like we can't just click the link provided. My guess is they would have put that line in due to previous ozB posts. Anyone know where to find a MyWealth Banner?

  • good to note that it cost about $20 to do a trade and probably another $20 to sell… It is roughly equivalent to a free trade.

  • Nabtrade has 20 free trades

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