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St.George: Free $50 When Opening Complete Freedom Account ($500 Deposit Required, Student or > $2000 Monthly to Waive $5 Fee)

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Get $50 with a new Complete Freedom everyday bank account when you apply online by 30th June 2020 and deposit $500 within 30 days.

Either the Complete Freedom or Complete Freedom Student are eligible for this offer.

There is a $5 monthly account keeping fee, waived if:

  • you deposit a minimum total of $2,000 into the account between close of business on the last business day of the previous month and close of business on the last business day of the current month. If you make a deposit in a month after the last business day of that month, that deposit will be included in the minimum total monthly deposits calculation for the following month; or
  • at least one St.George home loan (excluding Portfolio Loan) repayment is automatically deducted from your Complete Freedom account between close of business on the last business of the previous month and close of business on the last business day of the current month.

This fee is also waived if you (and any other account holder for a joint account) notify us that you are:

  • under 21; or
  • a full time tertiary student or apprentice

$50 Offer: Fees and charges apply. Read the terms and conditions available at stgeorge.com.au before making a decision and consider whether the product is right for you. To be eligible for the $50 offer you must: open a new Complete Freedom account online or in selected branches* between 01/04/2020 and 30/06/2020, or via any channel if you’re under 21 years old or a full-time student or apprentice, and deposit $500 within 30 days of opening. If eligible you will receive $50 into your Complete Freedom account within 45 days of opening. All account holders on the new Complete Freedom account must not have held a St.George Bank, Bank of Melbourne or BankSA transaction account, or received this offer at any time to be eligible. Offer is limited to one eligible account and is not available in conjunction with any other offer.

Update: Expiry date updated to 06/10/2020.

Related Stores

St.George Bank
St.George Bank

closed Comments

  • Interesting that they don't mention previous accounts.

    • +4

      "All account holders on the new Complete Freedom account must not have held a St.George Bank, Bank of Melbourne or BankSA transaction account, or received this offer at any time to be eligible."

      • +1

        at any time

        That’ll do it

      • Dang nab it!

        Should have kept reading.

      • Wonder how strictly this is enforced. I had an account with them but was well over 5 years ago. May give it a shot and see if I get lucky.

  • It takes a good while but they do eventually give it to you.

  • Do anyone know if you must go in branch for show ID for this application process to complete?

    • +1

      For a previous Bank of Melbourne deal, I did not have to supply ID or go to a branch.

      • +1

        I just applied and yes you do need to go in branch to verify your ID…

  • how easy to close the account ? do you need to go to branch ?

    • Change your address and they’ll work it out, someday.

    • For a previous Bank of Melbourne deal, I just rang them and asked to close my account.

  • Good for people who aren't eligible to claim the $100 ING referral bonus for new accounts

  • Does the $500 you deposit have to sit in the account for a certain amount of time? Or can you move it back out…
    How about the $2000 to avoid the monthly fee?

    • Yes to both, in and out any time

  • I lost 5$ last month.

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