This was posted 7 months 3 days ago, and might be an out-dated deal.

Related
  • expired

Get $100 Cashback when you Sign Up for a SBS Visa Credit Card + $50 Cashback for EACH Additional Cardholder You Add @ SBS Bank

200
Get $100 Cashback when you Sign Up for a SBS Visa Credit Card + $50 Cashback for EACH Additional Cardholder You Add @ SBS Bank
Go to Deal
NovaAlpha on 19/04/2024 - 14:34 sbsbank.co.nz (1390 clicks)
Last edited 01/05/2024 - 16:25 by 1 other user

The normal cashback rate isn't as good as Dosh, but if you signup before May 14th, you'll get $100 cashback:
https://www.sbsbank.co.nz/credit-cards/sbs-visa-credit-card

For this next deal, not sure if it's targeted, but I got this via email:
https://imgur.com/G6KXHVg

I've just checked with SBS via both phone call and web chat and looks like these promotions will stack.
https://imgur.com/BKhNYis

So you add your partner to your card, you get $50 cashback. Your partner then apply for her own card and get $100 cashback, then add you to her card and get another $50.

To add an additional card holder to your card, download the form here:
https://www.sbsbank.co.nz/Portals/0/credit-card/forms/SBS%20…

Then email it to:
[email protected]

UPDATE:
Just checked with SBS again, it's $50 PER additional cardholder you add. So you can add your parents and your partner and that'll be $150 cashback.

The form says it has to be a family member, but I've confirmed with SBS that it can be your girlfriend/boyfriend as well. There is no limit to how many cardholders you add.

Financial Cashback Credit Card

Related Stores

SBS Bank
SBS Bank

closed Comments

  • DemaciaDuck on 19/04/2024 - 14:45

    I'm with SBS & got this email - I don't think its targetted.

    General experience with the bank is very positive

    • JustSomeGuyNZ on 19/04/2024 - 17:46

      Service wise, nothing bad to say about them, and they gave me a way lower mortgage rate than anyone else would.. but their IT / tech stack does my head in. When I got my mortgage, to sign up as a customer you needed to use a different app than their main internet banking one, that had last been updated for a few years and didn't work on recent versions of android and I ended up having to go see a JP and get a bunch of stuff verified by hand and send it to them, was a bit of a nightmare. Combine that with an internet banking experience that feels about 20 years out of date and it's a bit grim. To be fair they did release an updated version a few weeks later after I explained the issue to them, but I just don't feel IT is a priority for them, and as small regional bank that's trying to be an online bank in the 2020's that's a huge fail.

  • Stoffel on 19/04/2024 - 19:17

    Damn. Signed up a month ago.

  • Fauma134 on 20/04/2024 - 08:09

    My wife and I have a joint credit card with SBS. I am the main cardholder and the card is under my name. For some reason their systems won't allow them to show the credit card balance on her online banking which is a real pain.

    • bigcheese on 20/04/2024 - 08:39
      +1

      It sounds like she is an additional card holder for your account rather than a joint card holder.
      If the account is under your name then she can spend on the credit card but has no liability for the debt. This can affect what information she is able to get about an account.
      I’m not an SBS account holder so don’t know their systems though.

      A joint account holder has equal liability for a debt so should definitely be able to see everything online.
      Might be worth checking if that’s what it is.

  • jackvdbuk on 20/04/2024 - 09:52

    when you apply for the card the domain changes from sbsbank to fnl.co.nz?! weird.

    what a pain for additional card holder too -but worth it for $150!

    • bobsyouruncle on 20/04/2024 - 11:47
      +1

      FNL is Finance Now Limited who is owned by SBS bank, they must be using their systems to facilitate

  • kfr23 on 20/04/2024 - 17:12

    Why does it say ASB in the title?

  • fried on 21/04/2024 - 10:30

    We've got an SBS CC and term deposit, can definitely vouch for those products.

    Although as OP stated, Dosh does have better cashback so we are looking at closing the CC down purely for that reason as we personally don't need a CC anymore.

    SBS does seem to be quite competitive with mortgages and TDs which is great, especially since they're a mutual bank.

    • dhirb on 21/04/2024 - 21:01
      +5

      Switch to the best value rewards card in New Zealand between 16 April until 14 May 2024 and we’ll give you a $100 Cash Back kick start. SBS Visa Credit Card Special Offer Terms and Conditions apply for this offer and can be found here on our website at sbsbank.co.nz/credit-cards/terms-and-fees

      It's mentioned on their website.

      The terms can be found here.
      $100 offer
      $50 offer

    • NovaAlpha on 22/04/2024 - 02:58
      +1

      You clearly have poor reading skills. The SBS link in the original post will take you to their site that mentions said deal.

  • scrappy-doo on 23/04/2024 - 16:37

    Without their account, how long does it take to apply for their credit card?

    • lasc on 03/05/2024 - 14:17

      about a day. fill out the form and then send them statements

  • smugla93 on 26/04/2024 - 10:00
    +2

    I have applied to try and get this CC. The application requires a lot of information - I would say it is about 2/3 the information required of a mortgage pre-approval and so a complete pain in the backside.
    Has anyone here successfully applied for cc + additional card holder, and then additional card holder applies and then you become and additional card holder on their card for $300 bonus total?
    PSA, during the application they ask you to enter your bank login and password into their Finance Now website so they can scour through your statements for the last 3 months. I refused this as it is against almost all banks terms of service, and they have said I can submit the official statements via email instead. So just letting fellow paranoid cheapies know they don't have to give their bank details away!

    • simch on 04/05/2024 - 20:55

      Good to know! I did it then changed my password immediately 😂

  • shortwonder on 08/05/2024 - 15:57

    I’ve received the credit card. How do I get the $100? Do I need to spend $100 on the credit card?

    • bigcheese on 08/05/2024 - 16:13
      +1

      According to the promo terms you need to make an eligible transaction on the card by the 14th May.
      No spend minimum indicated.
      Eligible transactions are any transactions other than a Cash Advance, Balance Transfer, fees,
      interest, purchase refunds or charges that are under dispute or are fraudulent

      https://www.sbsbank.co.nz/LinkClick.aspx?fileticket=0u5QPsl4…

      • shortwonder on 08/05/2024 - 17:06

        Many thanks, I could not find that link. M

  • justaddwater on 13/05/2024 - 14:07

    Just got approved today. Too late to make a purchase

  • simch on 15/05/2024 - 08:48

    Approved and card sent, arrived yesterday just in time to activate and spend my $5 on it haha

  • Diefinitely on 16/05/2024 - 15:46
    +1

    Thanks for this OP. $150 paid into account today! Worth the effort

    • simch on 26/05/2024 - 12:35

      what date did you spend on your card?

      • Diefinitely on 27/05/2024 - 18:26

        5 May for me and 14 May additional cardholder

Login or Join to leave a comment
Login Join