Join Commsec and get $600 free brokerage and a 12 month subscription to Money Magazine.
The irony is that I found out about this through Money Magazine, to which I already have a subscription. It's not a bad magazine though - handy if you want some info on shares or property or just managing money. A Commsec account is free to open but since I'm not with them I don't know if there are ongoing fees.
I think they're old T&C's and this is a reincarnation of an old deal. My mag arrived in the mail yesterday!
They are the T&C's i see following your link above…
"All free trades must be completed by 30 June 2008, when this offer closes."
Take a pic and imageshack it if you want to shut jv up :D
I'm a subscriber but unfortunately can't confirm it until I get around to checking my PO box.
No ongoing fees. They've been doing the $600 free brokerage for a while since the share market got ***** last year
MOD: inappropriate language used, try "loved"
Commsec actually have quite a few promotion codes doing the rounds through magazines and via online at the moment.
Commsec did issue out the wrong T&C's with a few of their deals which they are ironing out now as we speak.
The Money magazine offer expires 31/07/09 and free trades expire on 30/09/10.
To be eligible for this, if you are opening an account, you MUST be CHESS sponsored and use the Commsec Cash Account as the settlement account for all trades. The accounts are fee free so no issues with that there.
Just a heads up for you guys =)
Fair enough…I'll watch out for this offer, but there's no way I'm signing those forms until they update the T&Cs. It'd be so easy for them to say…"oops, sorry…that offer has expired."
spot on… signing up means you agree to T&C's…
"The Money magazine offer expires 31/07/09 "
so it's already expired then….
Being at work my mind had slipped.
Just to re-clarify that there was an offer inside an issue of Money Magazine which expires on 31/07/10 and the free trades itself expires on the 30/09/10.
The promotion being sent out with the wrong T&C's is something that is being ironed out and anyone who does apply for the account through this promotion won't miss out on the $600 free brokerage (assuming of course you follow the steps I listed above)
So if someone has issues with being charged for their trades, what do they do, link back to this thread ???
When you apply and accept the T&C's, you are accepting what is there currently…
@jv: The issue is being addressed by Commsec and it is a well known issue. The memo has gone out to all staff and all Customer Service Officers are well equipped to deal with any issues arising from this.
I agree that when you apply for a product online that you accept what T&C's are valid at the time, but the fact is that the promotion has gone out and it is quite difficult to rectify it as it is impossible to tell who will respond to this offer through the magazine, and waiting until the next issue to print a correction would just make it too late.
The finer details are being ironed out, but for anyone wishing to apply it is fine to do so. I have seen applications come through using the exact same promotion and they have been approved with no questions asked.
@datty: If it's published in the mag then the chance that the offer won't be honoured is next to nil. Reading T&Cs is a good rule of thumb, but a bit of common sense should be applied as well.
Have you read the terms and conditions ???
http://www.commsec.com.au/moneymag/terms.htm
How old is your magazine ????