Westpac comes with refer a friend option like anzplus - https://www.ozbargain.com.au/node/811865.
Refer friend to a Westpac Choice account and you'll both get a $50 bonus when they meet the eligibility criteria. Max reward $250.
Steps needs to be done (Starts from 8/12/2023)
Open their new transaction account and within 30 days and:
1 Enter your unique referral code as the description for their first deposit
2 Deposit a minimum of $500
3 Make 5 eligible* transactions
Update- Referrer random code is available to add your info..
Please check if you got the email from westpac with unique code.
More info from https://www.westpac.com.au/personal-banking/bank-accounts/tr…
If you are the Referee:
You’ll need to read the T&Cs of the Promotion detailed on this page and can review information about the Westpac Choice bank account to see if it suits your needs.
If you have decided that the Westpac Choice account meets your needs, you will need to open the account within the Promotion Period and complete the Promotion eligibility criteria set out on this page within 30 days of opening your account.
Where a joint account is opened, if one of the joint account holders have held a transaction account with Westpac before, then none of the remaining joint account holders will be eligible for the Promotion in respect of the joint accounts.
Once you have met the eligibility criteria, and on the condition that a Bonus has not already been paid 5 times on the unique code you’ve used as a deposit descriptor, the $50 Bonus will be paid into your Westpac Choice account. This will usually be within 50 days from the time you opened your new Westpac Choice account.
If a Bonus has already been paid to 5 other referred friends, then no Bonus will be paid to your account.
Your new Westpac Choice account must remain open to receive the Bonus.
You agree that the Referrer who told you about the Promotion may also get a Bonus as a result of referring you.
If you have any tax-related questions about your Bonus, should discuss those questions with a registered tax agent or the Australian Taxation Office.
If you are the Referrer:
The following criteria, shared with you via email when you were selected for participation in the Promotion, apply.
You must be selected by us to participate in the program during the Promotion Period.
If you have been selected, you will be issued with a unique code that can only be used during the Promotion Period and this will be shared to you via email.
You need to tell your Referees to visit www.westpac.com.au/referafriend so that they can read the T&Cs of the Promotion and can review information about the Westpac Choice bank account to determine if it is right for them and how to open it.
You need to tell your Referees the unique code so they can enter it with their first transaction if they open a Westpac Choice account.
You should only share your unique code responsibly with Referees who you genuinely think are looking for an everyday account within the Promotion Period and who consent to receiving information about the Promotion.
Westpac does not support sending unwanted or unsolicited promotional messages. Don’t “spam” anyone by forwarding this email, or sending text messages or any direct mail, newsgroup messages, message board messages, or any other form of electronic communication about the Promotion.
You must not market this Promotion or otherwise make referrals using any merchant site, keyword bids, black hat SEO, paid advertisements (e.g., pay per click), or other similar methods, or otherwise undermine the fair and intended operation of this Promotion.
Once your Referee has met the eligibility criteria, your $50 Bonus will be paid to your Westpac Choice Account within 50 days from the time your Referee has opened their new Westpac Choice account.
If you hold multiple Westpac Choice Accounts, the Bonus will be paid to your earliest opened account which must remain open to receive the Bonus.
You will only get a Bonus for the first 5 Referees that open a new Westpac Choice account and meet the eligibility criteria within 30 days of account opening. The maximum you can receive under this Promotion is $250. The maximum any Referee you refer can receive is $50.
If you have any tax-related questions about your Bonus, should discuss those questions with a registered tax agent or the Australian Taxation Office.
General:
We can change these T&Cs at any time. If we change the T&Cs, the version that was in effect at the time a Referee successfully opened the account will continue to apply.
We may refuse to pay a Bonus in our absolute discretion without notice if, in our reasonable opinion, Referrer or a Referee did not comply with any of our Promotion T&Cs, or we reasonably think one of them is acting in bad faith or in a way harmful to our interests.
We may end this Promotion at our absolute discretion without notice.
I wouldn't put my family and friends with the hell that is Westpac.