Roll up your sleeves bargain hunters and discover the delights of free bank incentives. Financial providers are contending for your business, luring you with juicy deals and encouraging you to jump on board with their products.
Now is the time to take advantage of the free cash and rewards points on offer to help you get ahead this new financial year.
Here are 6 of the best bank incentives and offers vying for your attention right now:
1. HSBC Day to Day account – Open a new bank account and receive $50
HSBC is offering new customers $50, for simply opening a Day to Day account before 30 September 2014 and making a VISA debit card purchase within 1 month. That could buy you 16 skim lattes, your lunch for a week or a case of Heineken beer from Dan Murphy’s online. Take your pick!
The Day to Day account has no monthly account fee or minimum deposit, has free access to over 3,000 ATMs in the HSBC, Westpac, St George, BankSA and Bank of Melbourne networks and comes with an HSBC Visa Debit Card.
2. ING DIRECT Orange Everyday – Enjoy 2% cashback on purchases under $100
To help you embrace the new “tap and go” feature, the ING DIRECT Orange Everyday account lets you pocket 2% cash on payWave purchases under $100 in Australia. It also gives you fee-free access to every ATM in Australia. Both features are available as long as you deposit $1,000 or more in the previous month.
The account has no monthly fees and no minimum opening deposit and it was voted Australia’s best bank account 3 years in a row in the Mozo People’s Choice Awards.
3. St.George Amplify Signature Credit Card – Celebrate your b’day with a rewards points bonus
Rewards lovers, you can now blow out your b’day candles and receive a glowing 10% birthday points bonus with the St.George Amplify Signature Credit Card. For example, if you accumulated 20,000 bonus points over the year from your last birthday, you will receive 2,000 bonus points on the day of your birthday.
The credit card gives you 0.75 Qantas points or 1.5 Amplify Rewards per $1 on Visa purchases. Both programs are eligible for the birthday bonus. The points are uncapped and never expire and you also gain double points when you make purchases overseas.
4. Macquarie Bank Flyer Home Loan – Earn Qantas points on your home loan
Your home loan is probably the most expensive investment you could make. So why not get something back? Macquarie Bank Flyer Home Loan gives you 10,000 Qantas Points for every $100,000 you draw down at settlement and 1,000 points each month your outstanding loan balance is at least $150,000, plus 25,000 bonus points on your third and fifth home loan anniversary.
You’ll get a competitive 4.99% variable interest rate when you borrow up to 80% of the property value with a Flyer Home Loan.
5. Qantas Points Car Loan – Gain 1,000 points for every $1k on your loan
With the Qantas Points Car Loan you can get serious rewards points whilst paying off your new wheels. For loans over $15k you’ll clear 1,000 Qantas Points for every $1000 on your loan balance every year.
The loan is available on cars, caravans, boats and motorcycles up to 5 years old and has $0 upfront or account keeping fees.
6. Bankwest Rewards Transaction Account – Treat yourself with rewards gifts
Australia’s first rewards transaction account earns you 0.4 points per $100 on your account balance every day and 5 points per eligible purchase transaction or overseas ATM withdrawal. You can redeem the points with flights, Woolworths or Caltex vouchers, iTunes vouchers, kids toys and more.
The Bankwest Rewards Transaction Account has unlimited free transactions from phone, internet, EFTPOS, network ATM, counter withdrawals and debit MasterCard purchases. And the $6 monthly account keeping fee is waived if you deposit more than $2000 in a month.
As with any financial products, make sure you read the fine print before signing up and search the banking market for the best deal for you and your family.
So how will you get more bang for your buck this new financial year? Let us know below!