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St.George Bank, Bank of Melb, Bank SA - $50 Cash Bonus For New Complete Freedom Accounts ($500 Deposit Required)

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To get $50 cash:

Open a new Complete Freedom account before 30/09
Deposit $500 within 45 days
($50 deposited into your account within 52 days of account opening)

Good to know:

Monthly account fee is $5 unless you:

  • deposit at least $2000 into the account each month
  • are a student or under 18 and get a Complete Freedom Student Account

Excludes customers who have held a Complete Freedom Account with St.George, BankSA or Bank of Melbourne anytime from 30th June 2016. Not available with any other new account offer. Eligible customers need to open a Complete Freedom Account between 1st of July 2017 and 30th September 2017 (inclusive) and deposit a minimum of $500 within 45 days of opening the account. Eligible customers will receive $50 deposited into their account within 52 days of account opening. Offer limited to one $50 deposit per eligible customer. Where a joint account is opened, the offer is limited to only one $50 deposit in respect of the account. If one of the joint account holders has already received their $50 deposit in respect of another account, then none of the remaining joint account holders will be eligible for the offer in respect of the joint account.

Offer is also available on Bank of Melbourne. Similar offer on BankSA

Update 7pm: Multiple users are encountering issues with the website:

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Related Stores

St.George Bank
St.George Bank
Bank of Melbourne
Bank of Melbourne
BankSA (Bank of South Australia)
BankSA (Bank of South Australia)

closed Comments

  • Got mine today too

  • Time to close the account now that I have $50 reward

    • +1

      I'm still holding out until the 3 month promotional 3% rate ends on the savings account, then finding a another ING replacement again

  • +1

    Account closed.

    The customer service person said "Let me take a wild guess - you're calling to close your account?"

  • Is this offer only valid for australian residents? I'm on a student visa.

  • So, just to be clear:

    Deposit $500 today.

    Wait 53 days.

    Lose $10 in fees.

    Close account & pocket $40?

    Is that correct?

    Or, this^ plus open Maxi-savings account with as much money as you can, earn 3% for three months, then close accounts?

    • +1

      If possible move in(/out) $2000 each month to avoid the monthly fee.

  • Hello St. George—

    What are your average interest rates on savings after the 3 months?

  • Tried to open an account about 10 times.
    Every time I press the send SMS button or after I enter the SMS code, it restarts.
    I give up.

  • +1

    Just closed my account. Thanks St George for the $50.

  • Technically the description

    Open a new Complete Freedom account before 30/09

    should read "by 30/9"
    ie. including 30/9

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