Free money! 5 bank accounts with cash back offers up to $100
ING and Westpac among the major banks offering cash back deals right now.
If you've been thinking about switching to a new bank account, now is a great time to do it.
There are several major banks offering cash back deals to new customers right now in an attempt to entice you to open an account.
And with the cost of living so high, what's more enticing than free cash?
Here are 5 of the best cash back offers on offer right now, and how exactly to get them
1. $100 cash back with ING
You can get $100 cash when you open a new ING Orange Everyday and ING Savings Maximiser account with code OEJOIN100. You need to open both accounts at the same time, and you can't have had either accout open in your name in the past.
After you've opened the accounts, you need to deposit $1,000 plus make 5 debit purchases by 30 November 2025. One this criteria is met, ING will deposit $100 into your account within 60 days.
2. $50 cash back with Westpac
Get $50 cash back when you open a new Westpac Choice transaction account by 30 September 2025, add your Debit Mastercard to your mobile wallet and spend at least $50 within the first 15 days.
The transactions must be made in person (not online), and contactless (via your mobile wallet, not using your physical debit card).
3. $50 cash back with St.George
Get $50 cash back when you open a new St.George Complete Freedom transaction account by 30 September 2025, add your Debit Mastercard to your mobile wallet and spend at least $50 within the first 15 days.
The transactions must be made in person (not online), and contactless (via your mobile wallet, not using your physical debit card).
4. Up to $100 cash back with Newcastle Permanent
You can get up to $100 cash back when you open a new Newcastle Permanent Everyday Account using the code 'cashback5'. Then, for the first 45 days after opening the account you'll earn 5% cashback on all Visa purchases on the combined value of $2000 - so that's up to $100 cash back in total. Offer ends September 30, 2025.
So if you spent $1,000 within 45 days instead, you'd earn $50 cash back.
5. $50 cash back with Bank of Melbourne
Get $50 cash back when you open a new Bank of Melbourne Compete Freedom transaction account by 30 September 2025, add your Debit Mastercard to your mobile wallet and spend at least $50 within the first 15 days.
The transactions must be made in person (not online), and contactless (via your mobile wallet, not using your physical debit card).
Ask a question
Please send the link regarding-Up to $100 cash back with Newcastle Permanent. I cannot find a $100 cash back with Newcastle Permanent
Hi Chrissy,
Unfortunately that offer has expired, but the ING offer is still available.