The lender has announced that it has partnered with Qantas Frequent Flyer to offer La Trobe Financial investors with a Qantas Frequent Flyer membership 250 Qantas points for every $1,000 invested in the lender’s 12-month term account.
The offer is available to Australian residents who make an eligible investment of at least $10,000 with La Trobe Financial on or after 1 August 2020 in a 12-month term account. The account currently earns a variable rate of 4.50 per cent per annum (after fees), reviewed monthly.
The deal enables investors to receive one Qantas point for ever $4 invested, up to a maximum of 150,000 points (or $600,000).
La Trobe Financial president and CEO Greg O’Neill commented: “We are thrilled to be in partnership with such an iconic brand and helping to make our investors’ money work harder for them.
“We’re always looking for ways to bring more value to our 45,000 retail mum and dad investors. Our partnership with Qantas Frequent Flyer is a key part of that.”
[Related: La Trobe Financial eyes new product launches]