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Open Complete Freedom & Eligible Saver Accounts, Deposit $50 to Complete Freedom in 10 Days, Get $50 Bonus @ St.george

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Open Complete Freedom & Eligible Saver Accounts, Deposit $50 to Complete Freedom in 10 Days, Get $50 Bonus @ St.george
Go to Deal
We on 01/03/2026 - 11:01 stgeorge.com.au (1070 clicks)
Last edited 01/03/2026 - 19:01 by 1 other user

$50 when you bank and save together

Open a new Complete Freedom account with an eligible savings account by 20 April 2026.

Deposit $50 within 10 days, and we’ll drop $50 straight into your savings.

New customers only. T&Cs apply.^

^ The $50 Cashback Promotion Terms and Conditions
This promotion runs from 1 February 2026 to 20 April 2026.

Eligibility criteria:

You must:

Not have held either a transaction account or savings accounts with St.George Bank in the last 2 years (applies to both account holders for joint accounts)
Open a new Complete Freedom Account AND, either an Incentive Saver OR Maxi Saver. Accounts must be in the same name, and active and ready to use.
Open both accounts and deposit $50 or more into your Complete Freedom transaction account within 10 calendar days. Deposit(s) must be processed (not pending) by the 10th day.
Deposit must be customer-initiated and does not include interest payments into the account.
Keep the account open for a minimum of 60 days after your eligible deposit.
If you meet the above:

You're eligible for a one-time $50 payment.
The $50 payment will be made to your Incentive Saver / Maxi Saver account within 60 days of you meeting all Terms and Conditions and eligibility criteria.
If you open more than one Incentive Saver / Maxi Saver account, the $50 cashback will be made to one account only. It will be the first savings account opened and active.
Joint accounts not eligible. This promotion may be varied or withdrawn at any time. It is not available in conjunction with any other offer unless otherwise stated.

Financial Bank Account Savings Account Transaction Account

Related Stores

St.George Bank
St.George Bank

Comments

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  • Merlict on 01/03/2026 - 11:03

    Any fees on the accounts?

    • We on 01/03/2026 - 11:04
      +2

      No account fees as far as I know.

  • chrisie on 01/03/2026 - 11:24

    To earn bonus interest on an Incentive Saver account over the month:
    Keep your account balance above $0 at all times.
    Make a deposit into the account*. Interest paid into the account doesn’t count.
    *** Your balance must be higher at the end of the month than at the beginning. ???

    • ronnknee on 02/03/2026 - 10:16
      +1
      1. Balance > $0
      2. Make a deposit > $0
      3. Balance at end of month > Balance at start of month

      Meet the 3 conditions and you get a higher interest (which probably is still crap and non-competitive).

      • chrisie on 02/03/2026 - 12:39

        HaHa

      • We on 02/03/2026 - 13:50

        No, point 3 should be:
        3. Balance at end of month > Balance at start of month + $50, unless you are younger than 21.

        Here’s the wording in T&Cs: Grow your account balance by at least $50 a month (for customers 21 or over) or $0.01 a month (for customers under 21), excluding interest paid, ensuring your account balance remains between $0 - $249,999.99.

        St George is different from other major banks on the rules of bonus interest rate. Your 3 points are true for most major banks, but St George has the $50 requirement in its fine print.

  • jussie2000 on 01/03/2026 - 11:40
    -1

    same as the westpac one atm.
    waiting for shopback so i can stack.

    • Fobsessive on 01/03/2026 - 14:11
      +1

      What's the stack?

      • Fobsessive on 09/03/2026 - 02:44

        We will never know

  • node modules on 01/03/2026 - 12:20
    -2

    Is Street George giving out clean money?

  • bgazer on 01/03/2026 - 12:30

    Would it not be better to open a Maxi Saver account instead of the Incentive Saver, to receive the higher 4.85% introductory rate (without the hoops) and after 6 months move to the Incentive saver account.

    • surfingedge on 01/03/2026 - 22:17

      Yes if you actually want to use it, but other banks are paying more than 4.85%

  • Fishballs on 01/03/2026 - 12:31
    +3

    Do we have to keep the $50 in there for the whole 60 days to get the bonus?

  • frewer on 01/03/2026 - 13:12

    can this account receive payment from oversea ?

  • ilovefullprice on 01/03/2026 - 13:43

    Any for Bank Of Melbourne?

    • meowmeowmeow on 01/03/2026 - 14:13

      Same offer across all brands

      • ilovefullprice on 01/03/2026 - 19:56
        -1

        Do you have the Bank Of Melbourne deal link?

  • meowmeowmeow on 01/03/2026 - 14:13
    +1

    So if I already have a banksa complete freedom account I can get a St George one and still be eligible? The FAQ mention, haven't had a transaction account for the brand you are applying with in two years. I'm applying with a different brand so hopefully it's ok.

    • DoctorArd on 02/03/2026 - 06:32

      I am wondering the same thing.

    • We on 02/03/2026 - 20:57

      I thought St George, Bank of Melbourne and BankSA were serving different areas. Are they serving the entire country now?

      • hollykryten on 17/03/2026 - 20:38

        You can open an account from any of those banks and use it while in other states if you use the Visa debit card and internet banking. I have a St.George account and i'm in Queensland. I just bank online and using the Visa debit card i get free withdrawals through Westpac ATM or any of the other big banks ATM machines. Suits me fine.

        As for St.George they have co-located branches (in Westpac branches) in states other than NSW. Brisbane and Melbourne has some branches. So you could move to Brisbane or Melbourne and still do in branch banking at those select branches. Most people i think probably do internet banking now a days.

        https://www.stgeorge.com.au/help/ways-to-bank/co-located-bra…

  • crackman on 01/03/2026 - 14:35
    +2

    Better than the previous time when they made you spend $50.

  • blighst on 01/03/2026 - 16:41

    Ts and cs seem to suggest deposit into transaction no saver:

    Open both accounts and deposit $50 or more into your Complete Freedom transaction account within 10 calendar days.

    • We on 01/03/2026 - 19:03

      Nice catch! You are right, updated the title.

  • peter on 01/03/2026 - 17:58
    +1

    When you click on the red "Open Now" button you are taken to a new page. Scroll down, to the right of "Want $50 back on your new account?" it says this:

    Open a new Complete Freedom account with an eligible savings account by 20 April 2026.

    The key words are "with an eligible savings account"

    • We on 01/03/2026 - 19:07
      +3

      Yes, both Incentive Saver and Maxi Saver are eligible saving accounts. So there’re 2 options:
      Open Complete Freedom, AND
      Option 1. Incentive Saver OR Option 2. Maxi Saver, AND
      Deposit $50 to Complete Freedom.

  • Magnastar on 02/03/2026 - 08:18

    So you open the accounts and deposit the $50 within 10 days, then keep the account open at least 60 days after your eligible deposit as part of the criteria.

    “The $50 payment will be made to your Incentive Saver / Maxi Saver account within 60 days of you meeting all Terms and Conditions and eligibility criteria.”

    So basically 4 months before we see the $50 if am I reading that correctly.

    • We on 02/03/2026 - 13:45

      That’s correct. Consider it as a set and forget saving at 100% per quarter interest rate, capped at $50. There are no account fees, so it’s pretty safe to forget about it after you deposit the $50, and let a reminder remind you after 4 months.

  • dchrono on 09/03/2026 - 14:21

    Anyone else getting the error message "We're sorry - we're having some problems. It looks like we are experiencing technical difficulties. Please come back later to open your account." right after inputting DOB, address, and employment?

    Happening to me with all 3 banks: St. George, BankSA, BoM, (already a Westpac customer).

  • RedShadow on 01/04/2026 - 18:00

    Received $50 in savings account 21 days after opening account + depositing $50. Thanks OP.

  • AkuroPlays on 10/04/2026 - 20:40

    Bonus received today. Thanks.

    • VladImpaler on 10/04/2026 - 20:50
      +1

      I got the bonus yesterday but am being blocked from transferring it out to another bank.

      • Zonda on 10/04/2026 - 21:10
        +1

        You probably have to verify your identity at a branch

        • AkuroPlays on 12/05/2026 - 13:50

          Yes, I had that issue too. I have to go in Branch to verify my identity.

  • silenthillrocks on 14/04/2026 - 17:31

    Do you have to keep the $50 deposit in the account?

  • Fobsessive on 20/04/2026 - 17:14

    How do you log in for the first time? This system is a dinosaur.

    • silenthillrocks on 22/04/2026 - 17:04

      Check your text messages, password will be there

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