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ISCOVER
Staff Reporter
One non-bank lender is offering substantial fuel discounts to mark its birthday.
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Iden Group, which turns 12 in April, is offering a discount of up to $1 per litre on fuel to customers.
The company’s director, Barrie Gaubert, said the promotion was significantly more discounted than those of the big supermarkets – which had found great success with their campaigns.
“We appreciate that fuel is a currency that everyone understands, so we decided to provide our customers with an extraordinary fuel discount bonus,” he said.
Iden’s fuel discount starts with a minimum loan amount of $200,000, with customers receiving 10 cents per litre off their fuel costs.
The discounts increase in increments and clients can receive a discount of up to $1 per litre.
“Our offer easily beats the major supermarkets’ four cents per litre deal. With the supermarket programs, your fuel benefit is not linked to your expenditure. If you spend $30, you get a four cents per litre discount and if you spend $300, you still get just the four cents per litre fuel discount,” Mr Gaubert said.
“I don’t believe that’s fair. We’re providing our customers with a fuel savings benefit that grows proportionately with the loan increments.”
Mr Gaubert said clients can go to any petrol station in Australia and then go online to claim the rebate.
