Open an Everyday Account and Make an Apple Pay or Google Pay Transaction within 30 Days to Receive $40 @ Newcastle Permanent

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Guy Incognito on 21/12/2021 - 21:29 newcastlepermanent.com.au (390 clicks)
Last edited 21/12/2021 - 21:46 by 1 other user

40

• New customers only
• Use promotional code '40'

There is a $4.00 monthly account keeping fee.

It is waived if:

• You deposit $1800.00 each month OR
• All account owners are under 25 years of age as at the last day of the month OR
• You have a Newcastle Permanent home loan in the same name/s as your Everyday Account (which would make you ineligible for this offer)

https://www.newcastlepermanent.com.au/personal/everyday-bank…

To be eligible for the offer, open a new Everyday Account either in branch and mention this offer; or online by using the promotional code ‘40’ between 16/12/2021 and 31/03/2022 and make at least one Apple Pay or Google Pay™ transaction on the account within 30 days of opening. All account holders must be a new customer to Newcastle Permanent, which means you did not hold any accounts as at 23:59 AEST 15/12/2021. If eligible, the $40 bonus will be paid into your Everyday Account by 15 May 2022 (account must still be open). Offer is limited to one payment per account and to your first eligible account only. Newcastle Permanent may change or withdraw this Bonus Offer at any time.

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Newcastle Permanent

• 

  leechairman on 21/12/2021 - 21:36

  Account keeping fee ?

  • 

    Guy Incognito on 21/12/2021 - 21:41

    Good question, just checked.

    There is a $4.00 monthly account keeping fee.

    It is waived if:

    • You deposit $1800.00 each month OR
    • All account owners are under 25 years of age as at the last day of the month OR
    • You have a Newcastle Permanent home loan in the same name/s as your Everyday Account (which would make you ineligible for this offer)

    https://www.newcastlepermanent.com.au/personal/everyday-bank…

• 

  GimmeCashback on 21/12/2021 - 21:40

  +3

  Couple things to note here according to the Everyday Account pdf:
  https://www.newcastlepermanent.com.au/-/media/files/product-…

  There's a $4 a month account keeping fee, unless:

  You deposit at least $1800 each month; or
  Are under 25 years of age as; or
  You have a Newcastle Permanent home loan in the same name.

  So assuming you don't qualify for the above, and you open an account now, the account must be open until May 15th to get the bonus $40 = 5 months x $4 = $20 in fees.

  If you wait to open the account in March (promo runs until 31/3), then you would potentially pay 1 or 2 months fees @ $4-$8 total.

• 

  Johnsmithaus on 21/12/2021 - 22:24

  +8

  Downvote for account keeping fees. Ridiculous that you have to pay a bank to store your money which they end up lending and making a profit on.

  • 

    Stopback on 21/12/2021 - 23:40

    Banks can just charge no interest on your savings they would make back that 4 dollars easily.

    • 

      Tleyx on 23/12/2021 - 18:44

      They can't make any money if I am broke

  • 

    Ms Bargainer on 22/12/2021 - 14:02

    Just add $1,800 each month.

• 

  [Deactivated] on 21/12/2021 - 22:37

  +2

  This is not a deal if you keep the account for 10 months you will pay back the promo bonus?
  Limited value in jumping through hoops to open an account to have to close it immediately to avoid account keeping fees

• 

  Daabido on 21/12/2021 - 22:53

  There's nothing on their website about how to close accounts.

  • 

    ilovefullprice on 21/12/2021 - 23:09

    Lol.

  • 

    WookieMonster on 22/12/2021 - 00:10

    +9

    In all fairness, the bank is called Newcastle Permanent…

  • 

    simplerick on 14/01/2022 - 09:10

    I read in one of the PDF here that you can contact them by phone to close your account

    https://www.newcastlepermanent.com.au/tools-and-services/ter…

• 

  theg00s3 on 02/01/2022 - 17:59

  has anyone had the $40 paid into their account yet?

  • 

    roughana on 03/01/2022 - 12:27

    If eligible, the $40 bonus will be paid into your Everyday Account by 15 May 2022 (account must still be open).

• 

  izkai67 on 14/03/2022 - 13:58

  $4/month ! no thanks, you need to call also to close acc, I'm sure they'd make it difficult to close acc.