Prepay Rewards
Co-Operative
Prepay rewards program
Plan ahead with confidence while maximising the value of your seasonal inputs through the Yenda Producers Prepay Rewards Program.
Designed to support forward planning and cash flow management, this program rewards members who commit to their upcoming growing needs by offering a competitive return on prepaid funds.
With clear terms, structured rewards, and alignment to your annual purchasing, it’s a practical way to invest in your operation while continuing to access the products and support you rely on from Yenda Producers.
Eligibility
To be eligible for the Yenda Producers Prepay Rewards Program you must lodge funds (inc GST) in a Yenda Producers Prepayment Account.
Terms
Reward
A reward of 5.5 percent per annum will be calculated based on the balance at the end of the month of your prepayment account.
The reward value will be applied to your standard trading account.
Any reward amount must be used to purchase Yenda Producers goods.
The prepayment amount and reward earned must be used within the 12 months from lodgement. If the prepayment amount is not used within the determined time period, the reward amount will be forfeited.
Terms
Once the prepaid amount has been deposited you cannot withdraw that money under any circumstances.
The reward amount is applied to the trading account each month.
The reward amount is not eligible for any member rebate. Items purchased using the reward deposit which are applied to your standard trading account are eligible for any member rebate declared annually by the Co-op board.
The reward amount must be used to purchase Yenda Producers products. Minimum Spend: $10,000
TAX
A tax invoice, listing the forecasted products to be used in your growing program, will be issued to you upon receipt of the prepayment lodged. Certain conditions apply so we recommend clients should seek their own independent advice.
Need More Information?
If you have any questions about membership, or would like details on the Co-operative Rules and Guidelines, contact the team on (02) 6961 3300.
