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$50 Bonus for Opening a Commbank MyWealth Account and Make a Trade

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$50 Bonus for Opening a Commbank MyWealth Account and Make a Trade
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Lmohammed on 29/01/2014 - 11:27 mywealth.commbank.com.au (410 clicks)
Last edited 29/01/2014 - 11:31 by 1 other user

$50 free when you open my wealth account and do a trade.

Terms & conditions

*$50 bonus cash offer is available only to new customers who open a MyWealth account via the link on this page and make a share trade by the offer expiration date of 28 February 2014. This offer is only available to customers who access this page via a MyWealth targeted communication or a MyWealth banner on the CommBank and NetBank website. This offer will be paid to eligible customers via their corresponding cash settlement account by the 31 March 2014. This offer is only applicable to one new MyWealth account per eligible customer and is not transferrable. This offer is not valid in conjunction with any other offer and not open to existing MyWealth clients. We reserve the right to terminate this offer or amend these terms and conditions at any time without notice. Normal MyWealth terms and conditions apply unless otherwise specified here. Fees and charges apply. For MyWealth brokerage charges see mywealth.commbank.com.au

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closed Comments

  • SmiTTy on 29/01/2014 - 11:29
    +1

    You forgot the "This is my first post, please be nice"

  • Car-la-la on 29/01/2014 - 11:29
    +1

    bloody horrible first post

    • danj303 on 29/01/2014 - 13:00
      -4

      Yea would be good to know what 'MyWealth' actually is….

  • c64 on 29/01/2014 - 11:29
    +5

    so many people had troubles clawing $50 out of commbank from previous promotions

    • mohammed on 29/01/2014 - 11:35
      -1

      I was on netbank doing some transfers then when I logged out this link came up in the log out screen so it's public.

    • dentani on 29/01/2014 - 12:28

      A quick online chat which CBA solved it for me, not that much trouble tbh.

  • leeroys_dad on 29/01/2014 - 11:30

    New subject: "$50 cash when you open a new CBA MyWealth account and make a trade"

    • c64 on 29/01/2014 - 11:37

      https://www.commbank.com.au/personal/offers.html

      that's the path i you should use to sign up if you are interested so you can't be denied your bonus because it was only for targeted customers

      also take screenshots of the t&cs and each page of sign up. even better use a desktop recorder to record the whole sign up process.

  • jjcf on 29/01/2014 - 11:41
    +2

    From what I can tell, they charge $40 per roundtrip (19.95 x 2)- throw in the spread on top of that - so unless you also have one of those $600 in free brokerage offers, it's a waste of your time.

    https://www.mywealth.commbank.com.au/Support/FAQ/857

    • erd on 29/01/2014 - 11:55

      I don't understand why this comment got negged. Is it incorrect?

      • leeroys_dad on 29/01/2014 - 11:57
        +10

        people thought it was jv

  • morpheu on 29/01/2014 - 11:45

    i got the $50 from last offer but only after two phone calls, 'admin error' my a$$, notice how they almost never make the error in your favour? coincidence? not bloody likely
    ps looks like the buggers are getting crafty, you have to open the new account and make a trade! wonder what the cheapest trade is?

    • leeroys_dad on 29/01/2014 - 11:58

      $500 minimum usually

      • thierryhenry on 29/01/2014 - 14:07

        Correct, the value of the shares purchased at the order limit should be a minimum $500. Inclusive of brokerage, its a minimum $519.95 transaction

  • Hansi on 29/01/2014 - 12:32
    -2

    If it is really such a trouble to get the $50 out of them, I don't think the offer is worth it. Rather get a trading account that suits your needs.

    • Folly on 29/01/2014 - 13:03

      Neg worthy?

  • chiuy on 29/01/2014 - 13:02
    -1

    As far as I know, $20 per trade is cheap.
    The way it see it, it's a "free" $10 for a few clicks.

    Just don't pick a dud stock.

    • odysseus on 29/01/2014 - 13:36

      …Except you're risking a lot more for the sake of $10. And that's aside from the hassle.

    • jjcf on 29/01/2014 - 16:48

      Except between the spread and slippage on both legs, you can easily be out more than ten bucks. Even if you manage to pick something trading flat with enough volume that price doesn't move against you.

      Which, to be honest, given you are just picking blind is a 50/50 proposition. At best.

      But hey, ten bucks.

    • 82Degrees on 03/02/2014 - 14:30
      +1

      I believe this is what they call picking pennies in front of steamrollers.

  • danj303 on 29/01/2014 - 13:03
    +1

    Much better off with this offer ($600 free brokerage) http://www.investing.commsec.com.au/homeoffer2

  • FickleRick on 29/01/2014 - 14:11

    Remember guys, 20 free trades when you join nab trade. Normally 14.95 per trade. Maybe set up a penny stock portfolio for your kids with some loose change…

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