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$50 Introduction Bonus - Virgin Saver

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$50 Introduction Bonus - Virgin Saver
Go to Deal
cateyneow on 28/08/2011 - 23:36 virginmoney.com.au (446 clicks)

Offer details:

^ To be eligible for the one off $50 bonus you must:
a) Apply for a Virgin Saver from 1 August 2011 to 31 August 2011 and
b) Set up an Automatic Savings Plan that deposits at least $1000 each calendar month for at least 3 consecutive months before 30 November 2011.

Available to new Virgin Saver customers only. Limit 1 $50 bonus per customer. Eligible customers will have their $50bonus credited into their Virgin Saver account by 15 December 2011. The $50 bonus may be treated as assessable income and create a tax liability. This offer cannot be used in conjunction with any other Virgin Money offer, is not redeemable for cash, is not transferrable and may be amended by Virgin Money at any time without notice

Follow Step 3 of your Virgin Saver online application to set up an Automatic Savings Plan.

Or once you have opened your Virgin Saver account, you can set up your Automatic Savings Plan in 3 easy steps (please note your account must be activated):
1. Log into your Virgin Money Online Account and head to 'My Payments & Transfers'.
2. Select 'Virgin Saver Transfer' from the 'To' section and enter the amount you want to save.
3. Then choose the frequency by selecting the 'Set Schedule' option.
OK so it's NOT the end of the world if you missed the last $100 introductory offer. This time is less ($50) but it's still something! ;p

Open a Virgin Saver and we’ll give you $50 bonus^ when you set up an Automatic Savings Plan and save $1000 or more a month for 3 months. Click here for more details.

For security reasons, you cannot make one-off transfers or set up an Automatic Savings Plan from your linked account within Virgin Money Online until your account has been activated.

For more information about Automatic Savings Plans, please visit our website

To activate your account, transfer funds of any amount from your nominated linked account into your Virgin Saver using the online, or telephone banking service, provided by the financial institution holding your linked account. You'll need our BSB 242-265 and your Virgin Saver Account number. Only funds transferred from your linked account will activate your Virgin Saver and your account will be activated 3 business days after we receive the funds.

Referral Links

Referral: random (347)

Referees will receive 5,000 Virgin Money Points when they open their first Virgin Money Go Account before 31 January 2024 and meet the Welcome Offer Bonus Points Criteria (1 debit card purchase/direct debits/BPAY transaction in the first 30 days).

Referrer will receive 5,000 Virgin Money Points for each referee who meets the Welcome Offer Bonus Points Criteria, for up to 5 referees in a month.

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closed Comments

  • POWERevolution on 29/08/2011 - 01:28

    $50 less than previous promotion, I'll wait for it to go back $100 :D
    http://www.ozbargain.com.au/node/48363

    • abc on 29/08/2011 - 10:16

      They better honour the $100 accounts from last time.

  • hollycow on 29/08/2011 - 02:19
    +4

    dont bother to go for virgin saver, worst financial institution ever!

    • [Deactivated] on 29/08/2011 - 08:03
      +1

      Meh. It will just add to the list of spare bank accounts I have thanks to promos like this.

    • tulkn on 29/08/2011 - 09:11

      Anything more constructive? That is why do you think they are so bad?
      I haven't had any problems with them at all, and just wondering what problems other people have had, that is all.

    • [Deactivated] on 29/08/2011 - 09:14

      and they must have paid the developers nothing! How can they make closing account so easy while providing few option for customers to update their saving plan?
      Since closing my account is so easy I'm going to close my account soon.

  • jv on 29/08/2011 - 09:32
    -4

    I wonder if their credit cards fail to work 95% of the time, like their data network ???

    • muzzamo on 29/08/2011 - 09:49

      Virgin money have a data network?

      • abc on 29/08/2011 - 10:16
        +1

        he might mean Virgin Mobile, which is owned by Optus.

  • cateyneow on 29/08/2011 - 15:27

    The network is always down. I still haven't done my August saving plan! I can't do it online nor over the phone.

    Anyone out there that STILL hasn't set up their August direct debit!? (I am talking abt the $100 one)

  • uccoffee on 29/08/2011 - 19:00

    This is my experience, it is still not resolved.

    uccoffee on 10/08/2011 - 09:52 I have got a call from virgin money and the supervisor told me there's a technical problem stopping the ASP or any scheduled transaction other than I close the account. And there is no fixed date when they are going to fix it. He also told me it's not a spam when I asked him, and virgin did not do it on purpose.

  • cateyneow on 30/08/2011 - 20:18

    @ uccoffee
    I know yea, likely seroiusly wtf!
    do u think they put it in place so for those who din make this selection on the app, they can avoid paying out the $100?

    • uccoffee on 06/09/2011 - 14:40

      the ASP problem for my account is fixed

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