Remember The SA Bank and $50 Signup Bonus?

DeafMutePretender on 11/03/2018 - 03:23

https://www.ozbargain.com.au/node/346012

I opened a Bank SA account and was able to deposit $500 and got the $50 bonus. But when I want to withdraw it all, they want (more) personal identification documents? I lost $15 (the $5 monthly fee) because of it (I'm a busy person). I know it's for security reasons and all but it seems pretty stupid still. I can't withdraw my own money (without stepping into a branch and handing over info). Is this standard practice?

Financial

Related Stores

BankSA (Bank of South Australia)
BankSA (Bank of South Australia)

Comments

  • [Deactivated] on 11/03/2018 - 07:03
    +4

    Yes

  • T-man on 11/03/2018 - 07:32

    Just like ANZ

  • Kangal on 11/03/2018 - 10:38

    Or ING's $100 promo.

  • bobbified on 11/03/2018 - 12:40
    +1

    Haven't you heard of "100 points of ID" before?

    Unless you already have an account with them, the banks will always require ID.

  • [Deactivated] on 11/03/2018 - 13:09

    I left my account just sitting there when I found out I had to actually go in I'm to show ID. Wonder if I'll still be getting charged fees.

    • Baysew on 11/03/2018 - 17:21

      You need to deposit $2000 a month to avoid fees.

      See second comment on deal by rastoginimit

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