But what about here in Australia? The trend is similar to the US. Coles famously closed down their shareholder discount cards a number of years ago which outraged retail investors especially since it offered discounts of up to 10% on weekly shopping expenses. It is now seen as normal to concentrate on shareholder returns rather than benefits. Thankfully there are some companies out there that reward shareholders with other benefits, though they tend to only be in the entertainment and retailing industries.
Even a bank offers a shareholder discount
A number of banks used to offer discounts on home loans but now it is only NAB a shareholder with over 500 shares will see their annual credit card fees waived. Who said all banks were greedy! Unfortunately NAB have cancelled their shareholder package home loan discontinued in August 2012.
Funnily enough AMP is not a bank but it does offer home loan discounts. As a shareholder you can receive a discount of up to 0.85% on loans from $100,000-$499,000 and up to 1% off variable loans above $500,000.
Blackmores offers shareholders an order form with 30% off recommended retail prices though it needs to be for personal use only.
For the travellers out there Amalgamated holdings provides some of the best benefits. They even provide a shareholders benefits pamphlet (see below). Holders of 500 or more shares of the company get 10% off Rydges and QT hotels. Shareholders can also pay $10.50 for tickets at Greater Union and Birch Carroll and Coyle cinemas and get 10% off sky lift tickets at Thredbo.
Ardent Leisure offers similar value to shareholders with at least 2,000 shares. An investor benefits card is mailed out to newly eligible investors within a few weeks of becoming an investor. Investors gets discounts to Dreamworld and can save up to 50% off at SkyPoint at the top of Q1 on the Gold Coast.
Lastly for the gamblers and travelers out there Echo Entertainment offers shareholders 10% off rooms at The Star in Sydney, Jupiters Casino on the Gold Coast, Treasury casino in Brisbane and Jupiters Townsville. The shareholder benefits card also gives holders 10% off food and drinks at the majority of restaurants.
If you can't find that last minute gift maybe one of these vouchers can help you out, Merry Christmas!