PrePay Plus

Be a smart farmer and take the hassle out of planning for next season by prepaying with us before the end of the financial year. Our exclusive offer lets you earn rewards on your funds until you collect your goods.

About the product

Our PrePay Plus offer gives you the advantage and earning rewards on funds deposited before June 30. By prepaying for products from our extensive range ahead of time, you will earn a reward of 4.15% p.a. on your funds to be used on our extensive range of products.

This offer is designed to not only save you money and earn rewards, but also to take all the planning out of what exactly you are going to need for the next season. With PrePay Plus, you have a safe, secure and rewarding option to plan for the future and save.

 

Product Features

Offer

  • You will receive a reward based on the amount of expenditure prepaid into the Landmark Prepay Plus account

  • A tax invoice will be issued to you upon receipt of the prepaid amount.

Term

The prepaid amount must be used within 12 months from the prepayment date and cannot be withdrawn. If the paid amount is not redeemed within the 12 month period, the reward amount will cease to be applied.

Reward Amount

  • 4.15% per annum and calculated on the daily balance of your Prepay Plus account and credited monthly.

  • The reward amount will be automatically swept to your Landmark trading account.

  • Any reward amount must be used to purchase Landmark goods.

  • The reward amount is not interest and cannot be paid out separately to you.

  • Landmark may in its absolute discretion, change, alter or remove the reward rate.

Minimum Amount 

$10,000

Maximum Amount

$5 Million**

Accessing Funds 

Customers CANNOT withdraw funds

Important information

In offering this product, Landmark Operations Limited (Landmark), its employees, agents or contractors are not providing any financial, legal or tax advice. Landmark recommends that interested parties obtain their own independent tax and/or financial advice on the suitability and benefits of this product based on your specific circumstances. The 'Prepaid Amount' is to be redeemed within 12 months from the date of payment and the Reward earned must be redeemed as credit on purchase of goods from a Landmark store. The 'Prepaid Amount' cannot be withdrawn.

Contact your local Branch Manager or Rural Finance Manager for the full Terms and Conditions. Depending on individual circumstances this product may provide tax benefits. 

**Larger amounts are at Landmark's discretion.

+Subject to any legislative changes, small business tax concessions are are now available to businesses with turnover less than $10 million p.a. For more information, please visit www.ato.gov.au

Finance Contacts

Get in touch with our expert rural finance team today to find out more information.