This was posted 2 years 1 month 26 days ago, and might be an out-dated deal.

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Bonus $50 When Opening and Depositing $50 into IMB Reward Saver Account (New Customers) @ IMB Bank

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Bonus $50 When Opening and Depositing $50 into IMB Reward Saver Account (New Customers) @ IMB Bank
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higherdestiny on 03/03/2022 - 12:17 imb.com.au (460 clicks)
Last edited 03/03/2022 - 12:36 by 1 other user

This deal is back again. New customers, open a reward saver with IMB, deposit $50 and keep until the end of the promo period to get a $50 bonus.

Terms and conditions apply. Previous bargain hunters indicate this can be a bit of a painful journey to get your free dollars; delayed sign up process, missing emails, broken apps etc, but hey, if you're willing to give it a go, $50 is $50.

For reference, I signed up yesterday, got my welcome email today, sent my $50 today (via standard transfer as OSKO fails with IMB for some reason).

Now, the waiting game.

  • $50 bonus offer is valid for new IMB members who open a Reward Saver Account between 21/02/2022 to 30/04/2022. Account eligibility requirements apply. Bonus will be paid within 15 days of promotion end date. To be eligible for the $50 bonus new members must make a minimum deposit of $50 within 7 days of opening their account and hold a minimum account balance of $50 at the end of the promotional period (11:59pm on 30/04/2022). IMB reserves the right to change or withdraw this offer at any time.
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closed Comments

  • yaaNaa on 03/03/2022 - 12:19
    +4

    Dodgiest financial org I dealt with. Never again
    They have lots of sneaky ways to get back the $50

    • higherdestiny on 03/03/2022 - 12:20
      +2

      Care to detail these dodgy practises?

    • Aureus on 03/03/2022 - 12:20
      +2

      The idea is you get your $50 and then withdraw and never deal with them again.

      • yaaNaa on 03/03/2022 - 12:22

        Well… this way I guess it's fine!

  • Aureus on 03/03/2022 - 12:20
    +1

    Free money. Thanks OP. :)

  • jv on 03/03/2022 - 12:23
    +1

    delayed sign up process, missing emails, broken apps etc,

    Sounds like a great bank to give my money too…. 😖

    • bonky on 03/03/2022 - 12:31
      +1

      which bank?

  • His_Holiness on 03/03/2022 - 12:24
    +5

    https://www.ozbargain.com.au/node/311083

    Nah, never again

    • Aureus on 03/03/2022 - 12:31

      Damn.. And I have already opened an account. Seems not worth it now.

    • Kas on 03/03/2022 - 13:34

      Did you forget to enter promotional code "MINI" on that previous promotion?

  • DemocracyManifest on 03/03/2022 - 12:32
    +4

    Ahahahahaha, never got the $50 years ago, and they closed the account on me

  • dm02 on 03/03/2022 - 12:33

    The site doesn't explicitly say if people who have previously held an account which is now closed are eligible.

    *$50 bonus offer is valid for new IMB members who open a Reward Saver Account between 21/02/2022 to 30/04/2022. Account eligibility requirements apply. Bonus will be paid within 15 days of promotion end date. To be eligible for the $50 bonus new members must make a minimum deposit of $50 within 7 days of opening their account and hold a minimum account balance of $50 at the end of the promotional period (11:59pm on 30/04/2022). IMB reserves the right to change or withdraw this offer at any time.

    Should I give it a shot? I got my previous bonus just fine.

    • mountaineer on 03/03/2022 - 13:49

      It won't or they will use it to reject your bonus ..I for whatever unknown reason became a member of them without any account, service open many years ago (of course only was told when I chased my bonus) and they even gave me a new membership last Dec, but it doesn't count… no energy to debate for $50 so I let it go..

    • DJSmelly on 03/03/2022 - 14:08

      I signed up during the MINI fiasco in 2017, took them to the Ombudsman, got my bonus, then closed the account. I signed up in Dec 2021 for this offer for new customers and got my $50.

  • MadMud on 03/03/2022 - 13:01
    +1

    I scored $100 in their last promo.

    OSKO won't work until you have completed a full id, ie: visited a branch, or sent in stat decs.
    Until then deposit from your bank's website, not app, and use the pay anyone option.
    No problems withdrawing after bonus is credited to your new account.

    • bkksam on 03/03/2022 - 19:38

      I also scored $100 by opening 2 accounts.Have already extracted the funds.Easy money.

      • denserham on 04/03/2022 - 21:00

        They paid you already? Reading the fine print in the post above makes it sound like it needs to stay in until 30/04. Or are you talking about the last promo?

        • bkksam on 06/03/2022 - 13:20

          Previous deal: $50 bonus offer is valid for new IMB members who open a Reward Saver Account between 1/12/2021 to 31/01/2022.

  • JHoliday on 03/03/2022 - 13:11

    Any monthly account keeping fees?

  • payless69 on 03/03/2022 - 14:25
    +1

    Yiikes! Free money! Thanks OP
    take it and RUN!!!

  • park on 03/03/2022 - 14:38

    Not worth it. I tried this last time and there was an extreme amount of rigmarole to transfer money into the account. After 15 minutes on the phone to discover something that wasn't made clear on the website, I abandoned ship due to it being way more trouble than it was worth.

  • c64 on 03/03/2022 - 16:45
    +2

    after reading the comments from the previous deal i'm glad i didn't bother

  • dm02 on 03/03/2022 - 16:59
    +2

    God this app is terrible

  • kickling on 04/03/2022 - 00:35
    +1

    Unfortunately we are unable to proceed with opening your account online.

    Don't know why…

    • szy2k on 04/03/2022 - 16:03

      Same, went to the Glen Waverly branch today and opened the account there, quite a pleasant account opening experience and everything is set up and OSKO pay is also enabled because I opened it in a branch.

      • kickling on 04/03/2022 - 16:41

        No option for me. None in SA

  • Aureus on 04/03/2022 - 09:50

    Transfer from BoM (Westpac) failed today. I think because it was using Osko, like was noted by MadMud. Thankfully no problems with NAB.

    • JHoliday on 04/03/2022 - 16:49

      Transfer from ING failed as well - technical error. Worked with ANZ.

      Also where do I find my Member Number to register for internet banking?

      And the end of the sign up I was just presented with my BSB and Account Number, and sent an SMS for the password?

      • Big Lenny on 04/03/2022 - 16:58

        glad to know anz worked, i just transferred from them

      • Aureus on 04/03/2022 - 17:24
        +1

        Member number comes in an email. I received my email the day after signing up.

        • JHoliday on 05/03/2022 - 20:58

          Yep came through today… so silly they don’t give it you straight away

          • JHoliday on 06/03/2022 - 13:16

            @JHoliday: And I transferred $50 on Friday from ANZ to IMB and the funds bounced back on Saturday. Not a great start for this mob.

            • Big Lenny on 07/03/2022 - 08:42

              @JHoliday: i did the same but it didnt bounce, seems to be still in IMB

          • Swiftz on 07/03/2022 - 09:36

            @JHoliday: I signed up on 3 March but still haven't got my member number…after reading the comments, think it might be a good thing that they didn't send it to me.

  • WoodYouLikeSomeCash on 05/03/2022 - 15:33

    Unfortunately we are unable to proceed with opening your account online.

    Please call IMB on 133 462 between 8am to 8pm weekdays or 9am to 4pm on Saturdays to see how we can assist or visit an IMB branch.

  • nignucial on 05/03/2022 - 22:19

    Still can't find my address… what a joke.

  • watertight on 04/04/2022 - 20:37

    Opened online and still no email after 24 hours…..so still don’t know my member number.

    • higherdestiny on 05/04/2022 - 08:43
      +1

      took two days for my welcome email

      • watertight on 05/04/2022 - 14:06

        ok thanks Bit ordinary considering you only have 7 days to deposit money and claim the cashback

  • watertight on 08/04/2022 - 20:13

    Over 5 days after opening the account online I finally get the email informing me of the member number.

  • pumpum on 21/04/2022 - 12:54
    -1

    This has been a crap experience! Having created a new account and jumping through a few challenge hoops to do so,things went further downhill from there. I transferred funds from my Citibank account. I have only now realised some weeks later that the transfer was made from Citibank BUT deposit REJECTED by IMB Bank.I rang IMB,hung on hold forever,explained my specific issue only to be told that there was absolutely no reason for any problem.I have since tried again,but it bounced back again with identical problem. Rang Citibank who told me that IMB account was blocked. Have today rang IMB who only now tell me that i have to physically attend a branch ( nearest branch nowhere near me ) to complete 100 point ID check before the account can be unblocked and used for either deposits or withdrawals. NO MENTION ANYWHERE OF THIS PRIOR TO TODAY.
    "$50 bonus offer is valid for new IMB members who open a Reward Saver Account between 01/03/2022 to 30/04/2022. Account eligibility requirements apply. Bonus will be paid within 15 business days of promotion end date. To be eligible for the $50 bonus new members must make a minimum deposit of $50 within 7 days of opening their account and hold a minimum account balance of $50 at the end of the promotional period (11:59pm on 30/04/2022). IMB reserves the right to change or withdraw this offer at any time."
    So that means as they didn't inform me of requirement to attend the branch,my deposits were rejected by them. As the 7 days period has since expired the $50 bonus offer is not valid or payable. I am going to go with my gut feel,and quit now to minimise any more headache.

    • szy2k on 21/04/2022 - 14:45

      I do not understand that, if they require you to complete 100 point ID, shouldn't this be advised when you first applied your account online? Or in my case, my application was declined straight away as they could not verify me electronically. After the deposit was rejected then tell you this was pretty awful.

      Also, I would avoid using Citi accounts for any domestic transfers as they are the worst of the worst.

  • Jason Genova on 02/05/2022 - 16:10

    not hopeful at all in getting this 50 bux

    lets wait and see once the 15 days is up

  • dm02 on 10/05/2022 - 17:27
    +1

    Nothing as of yet…

    • Jason Genova on 11/05/2022 - 08:40

      i reckon we have to give them a call…this bank is useless

  • szy2k on 11/05/2022 - 17:21
    +2

    Got mine today.

    • sandscruise on 11/05/2022 - 18:49

      Thanks for the update. Just checked my account and the $50 bonus is there. Cheers

    • Jason Genova on 12/05/2022 - 07:23

      Cheers

      • kuwahshi on 12/05/2022 - 21:54

        Mines turned up too.

    • dm02 on 12/05/2022 - 22:11

      Me too, transferred out and closing my account 🥰

      • JHoliday on 13/05/2022 - 09:49

        Easy way to close without calling them?

  • higherdestiny on 16/05/2022 - 11:17
    +1

    Got my free $50 today, transferred back to my normal bank. Win!

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