Landmark Financial Services has increased the interest rates on selected at-call and term investment accounts.
Summary of Key Interest Rate Changes
Term Investment Accounts
| Term |
Rate |
For amounts |
Interest paid |
|
1 month |
7.10% pa |
$50,000 and over |
At maturity |
|
3 month |
8.00% pa |
$50,000 and over |
At maturity |
|
4 month |
8.30% pa |
$50,000 and over |
At maturity |
|
6 month |
8.00% pa |
$50,000 and over |
Quarterly |
|
6 month |
8.10% pa |
$25,000 and over |
At maturity |
|
12 month |
8.05% pa |
$25,000 and over |
Quarterly |
|
12 month |
8.30% pa |
$25,000 and over |
At maturity |
At-Call Accounts
| Account |
Rate |
For amounts |
Interest paid |
|
Online Plus |
7.30%pa |
$50,000 and over |
Monthly |
|
Call Investment |
6.65% pa |
$100,000 and over |
Monthly |
|
Cheque |
4.50% pa |
$50,000 and over |
Monthly |
These rates apply to all new accounts opened or renewed on, or after, 1st April 2008.
For detailed rate changes visit
http://finance.landmark.com.au/interest-rates/
If customers require further information about our products, interest rates and terms including how to apply:
Standard & Poor’s Rating A-3 (Short Term) BBB – (Long Term)
Important Information
This general advice is provided by Landmark Operations Ltd ABN 73 008 743 217 (Landmark) and relates to unsecured deposit notes and associated payment facilities issued by Landmark. This information does not take account of your objectives, financial situation of needs. You should consider the appropriateness of this advice and read the current Prospectus and combined Financial Services Guide/ Product Disclosure Statement dated 8 February 2008 (Prospectus) for this product from your local Landmark outlet. ASIC requires us to advise that you risk losing some or all of your principal investment when subscribing to unsecured deposit notes, which are not a bank deposit. For an explanation of our credit rating please refer to page 37 of the current prospectus.
For media enquiries contact:
Travis Morgan
Product Manager – Financial Services
Phone: 03 9209 2922
Subject to change without notice.
Top of Page