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.

Scroll down 

About the product

 

Our PrePay Plus offer gives you the advantage and earning rewards on funds lodged 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.

Product Features

Offer

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

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

The Commissioner of Taxation (Commissioner) does not sanction, endorse or guarantee this product. Further, the Commissioner gives no assurance that the product is commercially viable, that charges are reasonable, appropriate or represent industry norms, or that projected returns will be achieved or are reasonably based. Potential participants must form their own view about the commercial and financial viability of the product. The Commissioner recommends you consult an independent financial (or other) adviser for such information.

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The prepaid amount must be used within 12 months from the prepayment date and cannot be withdrawn.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 Nutrien Ag Solutions trading account.

  • Any reward amount must be used to purchase Nutrien Ag Solutions goods.

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

  • Nutrien Ag Solutions 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

Nutrien Ag Solutions Limited ABN 73 008 743 217 (Nutrien Ag Solutions), its employees, agents or contractors are not providing any financial, legal or tax advice. Nutrien Ag Solutions recommends that interested parties obtain their own independent tax and/or financial advice on the suitability and benefits of this product based on their specific circumstances. The ‘Prepayment Amount’ is to be redeemed within 12 months from the Prepayment Date and the Reward Amount must be redeemed on purchases of Goods from a Nutrien Ag Solutions store. The Prepayment Amount cannot be withdrawn. Depending on individual circumstances this product may provide tax benefits. Contact your local branch manager or Rural Finance Manager for the Full Terms and Conditions.*ATO Ruling PR 2019/3 is only a ruling on the application of taxation law as it applies to this Prepay Plus product. The ruling and any taxation outcomes referred to therein is only binding on the ATO if the Prepay Plus product is carried out in the manner outlined in the ruling.

Finance Contacts

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