Holding Shares - Shareholder Benefits?

Meridian on 02/09/2022 - 09:51

Hi All

I was wondering if anyone knows of any good shareholder benefits that exist out there for customers. I know The Warehouse used to send out some codes, but then anyone could use them so you didnt need to even hold shares. In the past 42 below vodka used to send you vouchers for free vodka.

Carnival Corp who own Princess, P&O and Carnival Cruises - give you up to $250 USD onboard credit (unlimited use) for holding 100 shares - and given this is only about $900 USD to get the shares, thats really good for any regular cruisers out there. A no brainer really. The other cruise lines do the same.

I was wondering if anyone else knows of any other useful benefits that shareholders get as Im always looking to buy shares in things.

Thanks.

General Discussion

Comments

  • Julietted1610 on 17/09/2022 - 16:15

    Not a share as such but we have saved significant money with a farmlands card. You have to buy into the cooperative with a minimum of $500 share purchase but we made that back on one noel leaming purchase let alone the rebates. Trade pricing at Bunnings / Mitre 10, 15c L off at Z / Caltex and 5-10% off at the Warehouse. Have saved a ton of money over the years.

    When you leave you get your $500 back - so a no brainer really!

    • gooddeals on 18/09/2022 - 22:12

      Farmland card benefits are listed here. https://www.farmlands.co.nz/FarmlandsCard/KeyCardPartners/
      there is an annual administration fee of $25.00 + GST per member

      To clarify, only 12cents off Z and caltex. (vs 10 cents of regularly on Wednesday, and from (many) other credit card rebate of 1% or more means that 12 cents is not much better than (if at all better than) standard pricing, and would miss out on staking via flybuys and the recent Disney+ promo, or Amex promo on BP, Z sharetank etc.. means using Farmland cards more often may ended up paying more rather than save.

      only 2.5% rebate from warehouse, and does not appear to work on the online website, and also some warehouse/ stationary warehouse staff do not know how to process farmlands card, (needs to tell them first), also some items are excluded. However, 2.5% is still better than other credit cards rebate generally. (one can get 5% off via Christmas Club though).

      I found that almost always if there is an item that you can price beat at Bunnings or Mitre 10, that would be cheaper than Farmlands listed price, (i.e. farmland "trade" prices, are generally higher than the lowest priced items are you find elsewhere). not sure how Farmlands prices compared to other trade accounts.

      However, if you are needing lots of items from Bunnings, or Mitre 10, that can not be price matched easily then it may be worth considering.

      you can get some discount from Meridian, but the quoted prices much higher than the lowest power company available, so I don't consider that as savings.

      Overall, as it most deals, it really depends on one's circumstances.

  • gooddeals on 18/09/2022 - 16:41

    Generally, I would not recommend buying shares to get the shareholder benefit, as the actual benefit is relatively small compared to the risk related to holding shares. Should really buy shares on their own merit. Nevertheless, Heartland occasionally offers their shareholders better interest rates. And I think one of the power company at one stage offer a small discount for shareholders, but considering it did not offer the best power prices overall despite the extra discount, so it is a non-factor.

    Cooperative bank, being a coop, shares some of the profits with customers, but it has higher fees generally.

    • Bill on 18/09/2022 - 17:08

      How does the co-op work? I'm a account holder and once a year I get like $10 for having an account.

    • Seeker on 18/09/2022 - 17:21

      Agreed; acquire share on their own merits should share investment be part of your financial planning.

  • mr-deal on 18/09/2022 - 19:10

    I recall from some friends that Restaurant Brands used to give a free food voucher to shareholders, not sure if this is still a perk.

  • notmyusername on 18/09/2022 - 20:06

    One thing to note is you won’t get any of these benefits on sharesies since the shares are not in your name

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