fbpx
Print this page
Saturday, 21 December 2024 09:55

Farmlands defends card fee hike

Written by  Sudesh Kissun
Farmlands has announced that starting from February, its card fee will rise to $65 plus GST per card. Farmlands has announced that starting from February, its card fee will rise to $65 plus GST per card.

A Farmlands shareholder is questioning the rural trader’s decision to more than double its annual card fee.

The shareholder, who wishes to remain anonymous, told Rural News that shareholders shouldn’t have to pay “a high amount of money just to get a card”

In an email to shareholders this week, Farmlands announced that starting from February, its card fee will rise to $65 plus GST per card. The current card fee is $28.75 plus GST.

Farmlands pointed out to shareholders that it is the first increase in five years.

“We have held off a fee increase for as long as we could.”

But one shareholder isn’t convinced.

“As we had to pay to belong to Farmlands Society, we don’t think we should have to pay a high amount of money just to get a card,” the shareholder says.

“When we rang Farmlands, we were told we had to have a card to have an account.”

In a statement to Rural News, Farmlands general manager of marketing Daniel Herd noted that Farmlands has charged an annual fee for a long-time and reiterated that this is the first increase to the fee in five years.

“We have held off any increase for as long as we could, while costs of managing and administering our services have gone up.

“The majority of our shareholders save hundreds, if not thousands, of dollars each year in rebates and discounts in our stores and from our Card Partners.

“The fee increase can be offset by the savings made on less than a tank of diesel per month or one visit to Card Partners such as Noel Leeming or Mitre 10.

“We’re committed to helping Farmlands Card users get even more value from their card.”

Herd says they’ve just released a new version of our Farmlands Card app – where it’s easy to find the nearest card partner and see transaction and account information.

“We’re also working to provide more shopping options – with the likes of Briscoes, Noel Leeming, and VetPost now accepting Farmlands Card online.”

More like this

Wool pellets to boost gardens

With wool prices steadily declining and shearing costs on the rise, a Waikato couple began looking for a solution for wool from their 80ha farm.

Miraka CEO steps down

The chief executive of Taupo-based dairy company, Miraka – Karl Gradon - has stepped down from the role for personal and family reasons.

Featured

Wool pellets to boost gardens

With wool prices steadily declining and shearing costs on the rise, a Waikato couple began looking for a solution for wool from their 80ha farm.

'Cheap seed comes with major risks'

Choosing pasture seed at bargain prices may seem an attractive way for farmers to reduce autumn or spring re-sowing costs, but it comes with significant risks, says the NZ Plant Breeders and Research Association (PBRA).

High commodity prices, farmer optimism bode well for event

The 2025 South Island Agricultural Field Days (SIAFD) chairman, Rangiora farmer Andrew Stewart, is predicting a successful event on the back of good news coming out of the farming sector and with it a greater level of optimism among farmers.

National

Global wool marketplace to launch

Wools of New Zealand will soon launch the international version of an online global wool marketplace designed to bring farmers…

Machinery & Products

New seed drill tech coming

Incorporating Vaderstad's latest seed drill technology, the Proceed V 24, is said to improve precision and increase planting efficiencies for…

Foliar feeding 'lifts N efficiency'

Research findings published in Europe support the concept of foliar fertilisation or foliar feeding in improving nitrogen use efficiency (NUE)…

AGCO and SDF join hands

Tractor and machinery manufacturer AGCO has signed a supply agreement with the European-based SDF Group, best known for its SAME,…