BUSINESS TOOLS
MEMBERS ARE LOVING THE INVESTEC CREDIT CARD INVESTEC’S BRENT ZUROWSKI TELLS US WHY AMA QUEENSLAND MEMBERS HAVE EMBRACED THE NEW INVESTEC CREDIT CARD.
Brent Zurowski Investec 1300 131 141 www.investec.com.au/medicalfinance
If it wasn’t for his wife and his Investec credit card, Dr Christopher Price could have completely missed his mid-life crisis. “I’m turning 50 and my wife insisted I treat it as any potential crisis,” he says. “So now I own a convertible BMW, to be honest I didn’t want to, it’s just a bit of a menoporsche thing. I was shown the car online and told to go and buy it, so I did.”
and then easily establish an asset finance or loan contract as well to pay for the purchase over time. It’s a very simple process for our clients,” explains Investec’s Brent Zurowski.
What made Dr Price’s mid-life crisis purchase slightly different was that he did it on his Investec credit card. “I’ve been using Investec for 10 years to finance loans for my practice,” he says.
“The Qantas Frequent Flyer points are an important part of the offering. I think people place value on them. I think the other appeal is the relationship with the person at Investec, so when you might have an issue you can sort it out quickly.”
“Angela Warren from Investec’s Brisbane office, with whom I have done a considerable amount of work, brought the Investec credit card to my attention. I’ve always felt I had good advice and competitive rates from Investec, so when she mentioned it I reviewed the detail and said yes.” “Because Investec allowed a one-off increase in my credit limit, I could buy the car, and earn usual Qantas Frequent Flyer points one gets with purchasing something on the card. It all goes towards an overseas holiday with the kids.” While not everyone would think of making a major purchase like a car on their credit card, Investec can make it happen for their medical and dental clients.
DISCLAIMER: Investec Bank (Australia) Limited (IBAL) ABN 55 071 292 is authorised by the Australian Prudential Regulation Authority (APRA) in Australia to carry out banking business in Australia. IBAL is also authorized by ASIC in term of an, Australian Financial Services Licence 234975, Australian Credit Licence 234975. The terms and conditions of these licensing requirements are applicable. Qantas Frequent Flyer points are earned in accordance with the Investec/Qantas Terms and Conditions available at www.investec.com.au/cards. Points are earned on eligible purchases only. You must be a member of the Qantas Frequent Flyer program in order to earn and redeem points. Qantas Frequent Flyer points and membership are subject to the Qantas Frequent Flyer program Terms and Conditions. Full details are available at www.qantas. com/frequentflyer. Investec recommends that you seek independent tax advice in respect of the tax consequences (including fringe benefits tax, and goods and services tax and income tax) arising from the use of this product or from participating in the Qantas Frequent Flyer program or from using any of the rewards or other available program facilities. Advice does not take into account your personal needs and financial circumstances. Please consider if it is appropriate for you and read the terms and conditions, Product Disclosure Statement and Financial Services Guide before acquiring any product. Applications for credit subject to approval. Terms and conditions available on application. Fees and charges apply.
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“Normally, a car dealer doesn’t like to accept a credit card for such a big value purchase but we are able to facilitate the transaction on the card
Investec donates $75 to the AMAQ Foundation for every approved and activated Signature card opened by our members.
“On top of that,” Zurowski continues, “they can make the monthly repayments on the card, and effectively earn twice the number of points.”
The service element was vital for Dr Price. “The application process was quick and simple as opposed to the usual paperwork.” According to Dr Price, “Investec made life easy. When I had a query about the card, the phone was answered quickly, by a real human who had the answers. In fact everything’s been easy and that’s worth paying for.” The advantages of an Investec credit card aren’t just for established clients either. Dr Sophia Petta recently moved to Sydney and had her eye on an investment property and a present for herself—a black convertible Infiniti G37. “The car I wanted came in to Australia at the same time as the Investec Signature card was released, and it seemed like a good idea to get one and use it to buy the car,” she says. But one of the most powerful points of difference— and the thing that really sold the idea to Sophia Petta—is the client’s ability to convert their purchase to a different type of loan with Investec. That may be a lease, or chattel mortgage, or whatever best suits their financial situation, and yet they still earnthe points from their purchase. Which is what Sophia did. She says she found the whole process of getting her Investec card to be as simple as filling out a single form. “After that,” she says, “it got approved and I bought the car on the credit card, then Investec drew up a lease and the balance on the card went to zero. Now I pay the lease off on my card, so I’m earning double the points. There was a credit card fee on the transaction, but $800 is well worth it for getting that many points in a single transaction.” Q