Best Banking Referral Offers in Australia

Best overall banking referral offer

The best overall banking referral offer depends on which bank or money app you actually want to use. ReferralMate ranks current Banking category brands by reward clarity, ease of claiming, Australian availability and how recently the brand page has been checked.

Up Bank referral code is the first banking offer to compare for everyday digital banking. Check the current brand page for the latest approved code, reward summary and eligibility terms.

Best everyday banking referral offer

Everyday banking offers are usually most useful when the account is something you would consider using beyond the signup bonus. Up Bank and ING are the main everyday banking brands to compare, and ING currently has an active $100-each referral campaign.

The current ING offer gives the new customer and referrer a $100 bonus when the new customer opens Savings Booster and Orange Everyday together and meets all campaign requirements by 30 November 2026. Check the live ING brand page and campaign terms before applying.

Best savings or budgeting app referral offer

WeMoney referral code is the strongest budgeting-focused banking comparison where available. It is more about money tracking and linked financial accounts than opening a traditional transaction account.

Check whether the current WeMoney offer requires account linking, profile completion, identity checks or other app activity before any referral reward is paid.

Best simple sign-up banking offer

Simple sign-up offers are usually the easiest to compare because the main requirement is opening a new account and passing standard identity checks. If the current terms mention extra steps such as deposits, card purchases or account linking, treat the claim difficulty as higher.

For money apps such as Revolut, referral campaigns may require several milestones and the reward may vary by campaign window. Check current terms before signing up.

What to check before using a banking referral code

Before using any bank, neobank or money app referral code, check the current terms carefully. These offers often have conditions, including:

• Whether the offer is currently active
• Minimum deposit or transaction requirements
• Whether both referrer and new user receive a reward
• Whether there are account fees or card fees
• Whether identity verification is required
• When the reward is paid
• Whether the offer is only for new customers

You can also browse the full banking referral codes category page.

How we choose the best banking referral offers

ReferralMate ranks banking offers using reward value, ease of claiming, clarity of terms, Australian availability, last verified date and usefulness for everyday users.

Because bank and money app referral offers can change quickly, reward summaries are kept cautious where the current terms are uncertain. Check the relevant brand page and provider terms before applying.