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Get $100 Cash for Opening a New MyState Everyday Account (Min $1000 First Deposit, Make 5 Transactions within 30 Days)

1050
Get $100 Cash for Opening a New MyState Everyday Account (Min $1000 First Deposit, Make 5 Transactions within 30 Days)
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T-man on 29/05/2018 - 00:00 mystate.com.au (3246 clicks)
Last edited 31/07/2018 - 12:21 by 2 other users

Was browsing Flipboard and saw this ad

Get $100* to spend on whatever you like when you open a new Everyday Account, and make 5 or more card transactions within 30 days.

Avoid monthly account fees

No $6 monthly account fee applies if $2,000 or more is deposited to your Everyday Account during the month, or if you are 23 or under.

T&Cs:

Eligible to customers who have not previously held a transaction account at MyState who open an Everyday account online between 24/5/18 and 30/6/18 (inclusive) and make at least five Visa card transactions within 30 days of opening the account. Offer limited to one $100 deposit per customer. Where a joint account is opened, the offer is limited to only one $100 deposit in respect of the account. Eligible customers will receive $100 deposited into their Everyday account on or before 1 August 2018, unless otherwise indicated. This offer may be changed or withdrawn at any time at MyState’s sole discretion.

Financial Bank Account Transaction Account

Related Stores

MyState Bank
MyState Bank

closed Comments

    • T-man on 29/05/2018 - 00:33
      +8

      Their words not mine
      https://files.ozbargain.com.au/upload/60614/59348/712c85b7-f…

      • jv on 29/05/2018 - 10:29
        -3

        Their words not mine

        You typed the title, and it's misleading.

        Do you know what 'cash' is?

    • forrester on 29/05/2018 - 09:07

      There might be a chance of no $100 at all. Last sentence of t&cs above (italics added for emphasis):

      This offer may be changed or withdrawn at any time at MyState’s sole discretion.

  • Diji1 on 29/05/2018 - 00:32
    +1

    So $88 for opening and closing a bank account assuming they pay you in the second month?

    • JohnHowardsEyebrows on 29/05/2018 - 00:33
      +2

      Or you just transfer $2000 in and out for those two months, costing yourself a minor amount of interest.

      • Diji1 on 29/05/2018 - 00:35

        True.

      • jv on 29/05/2018 - 00:37
        -8

        costing yourself a minor amount of interest.

        Depends who you borrow the $2000 from…

      • peterpeterpumpkin on 29/05/2018 - 06:42

        If PayID actually works with these guys (unlike St George and their offer) then I suppose I could keep all my interest by instantly transferring in and out with ING?

        • Miss B on 29/05/2018 - 07:21
          +1

          PayID worked with no issues for me, I found out ING has a $1000 per day limit, but NAB and Mystate were happy for me to transfer $2000 each in a day.

        • ashftc on 29/05/2018 - 07:43
          +1

          @Miss B: ING have $1000 per transaction limit. I have transferred 1000 x multiple times through pay ID one by one with no issues.

        • muncan on 29/05/2018 - 08:07
          +1

          @Miss B: so transfer $1000 in/out over 2 days?

        • muncan on 29/05/2018 - 08:13
          +1

          @muncan: (I’m waiting till 1 June to apply to avoid chance of $6 monthly fee this month)

        • DerpFactory on 29/05/2018 - 09:47

          Edit, read the original comment.

        • muncan on 29/05/2018 - 09:48
          +1

          @DerpFactory: Deal expired nevermind

        • CyberMurning on 29/05/2018 - 09:51

          @muncan: which deal has expired ?

        • muncan on 29/05/2018 - 09:55

          @dragonindespair: scroll up

        • peterpeterpumpkin on 04/06/2018 - 12:13

          @ashftc: It seems that like Miss B I also have the $1000 per day limit with ING's Osko (as per https://www.ing.com.au/pdf/Orange_Everyday_Fees_and_Limits_S…). You're lucky.

    • Miss B on 29/05/2018 - 07:18

      Having sold out for $50, https://www.ozbargain.com.au/node/374707, I think they will pay it on the 1st of August. They take the $6 on the first of the month, so if you open at the end of the month, you'll need to transfer the $2000 before the 1st and you'll need to do it for August. I assume I'll get mine on the 1st of June, it doesn't look like anyone has received the $50 yet

      • peterpeterpumpkin on 29/05/2018 - 07:34

        Oh no. So since I just opened an account and can't withdraw $2000 I'll be losing $6 for this month it seems.

        • Miss B on 29/05/2018 - 07:40
          +1

          You may be able to call them and set up internet banking. I transferred in my first partial month, so I'm not sure if they may waive the first month fees automatically. I think I've heard some banks do.

        • peterpeterpumpkin on 29/05/2018 - 07:47

          @Miss B:

          Thanks. I was thinking of doing just that. But St George didn't allow withdrawals until I verified my ID in person at a branch (and with previous banks at a post office, or NAB).

          Based on your previous comment about ING I suppose I could send $1000 via normal method, $1000 via PayID (if can be setup today) and transfer back with PayID.

        • peterpeterpumpkin on 29/05/2018 - 07:49

          @Miss B: I just read ashftc's comment regarding ING's $1000 per transaction limit.

        • evgpek on 29/05/2018 - 08:02
          +1

          @peterpeterpumpkin: it takes few days to setup payid sending capability

        • Miss B on 29/05/2018 - 10:30

          @peterpeterpumpkin:
          They accepted my online ID details without verifying. I might have been lucky that mine was opened on the 26th April, on the 29th (I didn't try earlier) I was able to doy transfers to and from the account.

      • King Tightarse on 29/05/2018 - 08:21

        Will wait until June too - good idea

  • redwood on 29/05/2018 - 00:37

    Damn opened an account when they had a $50 promo for using apple pay

  • [Deactivated] on 29/05/2018 - 01:34

    How difficult is it to close an account with these guys?

    • HardQuiz on 29/05/2018 - 05:39

      +1

      Same question

    • Ryk on 29/05/2018 - 08:24

      visit your nearest branch or call us to close any account you no longer use.

  • Ash-Say on 29/05/2018 - 05:05
    +1

    Also interested to know how easy it is to close account.

  • JelIyfish on 29/05/2018 - 06:34
    +4

    Their name is a mistake

    • ChillBro on 29/05/2018 - 07:45
      +1

      *mystake

  • jackthefrost on 29/05/2018 - 06:43
    +1

    Accounts can be closed with a simple phone call.

  • singlemalt72 on 29/05/2018 - 07:20

    So, theoretically can I PayID $1000 in and out and in again to meet the $2000 monthly requirement? I can't find the exact offer wording.

  • CyberMurning on 29/05/2018 - 07:30
    +1

    Sold! 100 is 100 can go long way ozb way

  • mitty on 29/05/2018 - 07:42
    +5

    I would wait and open the account after June 1 to avoid fees for May.

    • Peanut money on 29/05/2018 - 08:17
      +2

      And them possibly pulling the offer due to over subscribers

      • DogGunn on 29/05/2018 - 14:30
        +1

        As they did :)

    • [Deactivated] on 29/05/2018 - 12:19

      Also to avoid getting $100.

  • Onnzo on 29/05/2018 - 08:05
    +1

    You can send them a message via internet banking to waive the monthly fee for the partial month. In some cases they automatically do it.

    Mystate use Osko and instantly transferred my $2k out.

    • peterpeterpumpkin on 29/05/2018 - 08:44

      Thanks.

      I rang them and they said accounts set up in the last 24 hours are not accessible yet and also can't be setup for phone banking. The operator said I should try late in the afternoon (which may be busy) or tomorrow.

  • Ryk on 29/05/2018 - 08:06

    Overseas ATM fee
    (may incur a fee charged by the ATM operator) $5

    Foreign Currency Conversion
    Per transaction 3% of transaction amount

    Card Replacement Fee
    Within Australia $10.00

    These are largely out of market for clients who would switch banks.

    Inactive Accounts
    Per month $2.00
    For any savings or transaction account on which you have not transacted for at least 12 months.

    Is this on top of the $6 month account fee? wow!

  • ginmi on 29/05/2018 - 08:47
    -2

    Nah, too much work for $100, especially given the risk of getting stung by an account keeping fee

    • [Deactivated] on 29/05/2018 - 09:21
      -1

      $6/$12 (potentially $0) for $100 is a no brainer to be honest.

  • CyberMurning on 29/05/2018 - 09:00
    +2

    to be safe just apply on the 1st of june to avoid monthly fee for may

    • [Deactivated] on 29/05/2018 - 09:21

      Or miss out for being too late..

      • CyberMurning on 29/05/2018 - 09:53
        +1

        its call gamble.. life is full of gamble

      • CyberMurning on 29/05/2018 - 10:24

        and i lost this time. but there are still many chances out there

  • bremo on 29/05/2018 - 09:15
    +1

    The offer has already expired :) ozbargained!

    • peterpeterpumpkin on 29/05/2018 - 09:36
      +1

      Now when I ring them I'll have to confirm I'll get the $100 in case they pull a fast one…I'm not risking 5 - 63 cents in ING interest.

  • ShopResponsibly on 29/05/2018 - 09:15

    I get a "The MyState Bank Everyday Account offer has expired." :(

  • SuperSonic on 29/05/2018 - 09:18

    Can the $2000 be deposited and removed immediately or next day. Or do they need to be there for the complete month ? Also do they do credit check for opening the bank account ?

  • Choc83 on 29/05/2018 - 09:20

    Signed up, but there's a good chance they'll pull the offer. No internet banking sign up details yet either

  • tastybaklava on 29/05/2018 - 09:33

    "The MyState Bank Everyday Account offer has expired."

    • crabbax on 29/05/2018 - 09:38

      Ditto =[

    • fan8956 on 29/05/2018 - 10:18

      just before 10am I opened the account then I saw your statement. Rang them just now and was told my application just made it in. But I think it is because I told them I want to close the account if I am not getting the promotion offer. IF that is the case, I guess calling them would make your application in

      • Choc83 on 01/06/2018 - 00:16

        Oh wow, if you do get the 100, can you please keep us informed? Everyone who signed up before you should also get it (in theory)

  • CyberMurning on 29/05/2018 - 09:53

    waaaatttt

  • SuperSonic on 29/05/2018 - 10:01

    bloody hell what a joke !!!

  • CyberMurning on 29/05/2018 - 10:23
    +2

    ozb power can make a bank gives up their promotion

  • hnl on 29/05/2018 - 10:34

    Did anyone save the offer or in google cache?

    • Sweet3st on 29/05/2018 - 10:41

      I did. Can you still use it?

      • hnl on 29/05/2018 - 10:43

        Please keep it just in case they dont want to honour it.

  • Autonomic on 29/05/2018 - 10:37

    I signed up last night and received an email saying my account was opened successfully. Does that mean I made it? Or did I need to receive the internet banking details.

    • CyberMurning on 29/05/2018 - 10:56

      call them and ask. and record the conversation, or ask written confirmation email. its worth $100

  • DemocracyManifest on 29/05/2018 - 10:54

    Bugger

  • coolsteps on 29/05/2018 - 11:15

    troublesome for us opening up took over 24 days for wife and still can not do payid from one mystate ac to the other and still haven't got visa debit card so might miss out on apple offer. they wanted use to post in id even though it was verified online we told them forget it then they changed their mind lol.

  • Franconian on 29/05/2018 - 21:02
    +2

    Does anybody have a print screen of the offer?

  • random12 on 01/06/2018 - 20:16

    They were fast to end the offer.

    It was only up for 5 days (24 - 29th I assume?)

  • [Deactivated] on 04/06/2018 - 09:20
    +2

    They processed my application and opened the account on 30th May, then charged me $6 account fee on 1st June. Called and asked them to remove the $6 and they agreed. Also asked if the offer is active on my account and they confirmed yes and I'll get the cashback as long as I make that 5 transactions within the 30 days. (Signed up at 7.55am, when the offer was still displaying)

  • seug123 on 07/06/2018 - 09:03

    What a joke, applied last week and final screen popped up and said "error! Call to verify identify documentation". Could not go back and edit application, so I called this morning and they couldn't find my application until after they put me on hold only to discover it and that its status was "not successful". The representative told me that Mystate was unable to honor the "declined application" that I completed during the promotional period, hence no $100, meaning no custom from me. Bye

  • DogGunn on 11/07/2018 - 16:48

    Has anyone received the $100 yet?

    • [Deactivated] on 18/07/2018 - 12:43

      on or before 1 August 2018

      Not yet.

    • peterpeterpumpkin on 22/07/2018 - 19:54

      Still no here.

    • peterpeterpumpkin on 27/07/2018 - 20:36

      Still no here.

      • DogGunn on 27/07/2018 - 22:34

        Yup, nothing here either. Last business day would be Tuesday. Let's see what happens.

  • fan8956 on 31/07/2018 - 09:41

    I havent received the credit,these liars

  • sunshine003 on 01/08/2018 - 16:02
    +3

    Just received mine $100. Cheers OP.

  • DogGunn on 01/08/2018 - 17:11

    Came through this afternoon!

  • Autonomic on 01/08/2018 - 17:22

    Filled all requirements - no $100!

    Will send them a message if it doesn't come through tonight

  • Choc83 on 01/08/2018 - 23:35

    Got mine today

  • andyholloway on 02/08/2018 - 08:10

    Got mine last night. Already emptied the account and requested to close it :-)

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