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LANDMARK | 3 January 2008

Landmark changes rate on deposit products


Landmark Financial Services has increased the interest rates on its transaction, savings and investment accounts.

 

Summary of Key Interest Rate Changes

 

At-Call Accounts
  • Blue Ribbon Rate is 6.90% pa for all amounts
  • Call Investment Account top tier rate is 6.30% for amounts $100,000 and over

 

Term Deposit Accounts
  • 1 month rate      6.45% pa for amounts of $50,000 and over, interest paid at maturity
  • 3 month rate      7.00% pa for amounts of $50,000 and over, interest paid at maturity
  • 4 month rate      7.15% pa for amounts of $50,000 and over, interest paid at maturity
  • 6 month rate      7.25% pa for amounts of $50,000 and over, interest paid quarterly
  • 12 month rate    7.15% pa for amounts of $25,000 and over, interest paid quarterly
  • 12 month rate    7.50% pa for amounts of $5,000 and over interest paid at maturity
  • 24 month rate    6.65% pa for amounts of $50,000 and over, interest paid quarterly

 

These rates apply to all new accounts opened or renewed on, or after, 1 January 2008.

 

Also available is a 6 month Term Deposit special rate of 7.40% for new accounts opened on, or after, 1 January 2008 for an amount of $5,000 and over with interest paid at maturity.

 

For detailed rate changes visit http://finance.landmark.com.au/deposits/deposit-interest-rates.jhtml

 

Clients can apply for a Landmark deposit product by reading and completing the current Prospectus available at Landmark branches or from http://finance.landmark.com.au/

 

For further information contact:
Travis Morgan
Product Manager – Deposits
Phone: 03 9209 2922

 

Subject to change without notice.

 

This information is provided by Landmark Operations Limited ABN 73 008 743 217 (AFSL No. 247332) and relates to unsecured deposit notes and associated payment facilities issued by Landmark. This information may contain general advice prepared without taking account of your objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice having regard to these matters. You should also obtain the current Prospectus No.6 and combined Financial Services Guide/ Product Disclosure Statement (Prospectus) for this product from your local Landmark outlet before making any decision about whether to acquire or continue to hold the product. The offer of unsecured deposit notes is made in the Prospectus. If you want to acquire unsecured deposit notes and open an Account with Landmark, you will need to complete the application form in the Prospectus.



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