Skip to content

Max5

5 Year Tax-Free

Max5 Basic:

  • Rate : 4% p.a.
  • Invest up to $1,000,000 in a calendar year to enjoy tax free benefits
  • Principal investment must remain for 5 years or 60 full months for benefit to be applied
  • Each lumpsum has its own 5 year maturity
  • Access accumulated Interest of up to 75% of interest earned is accessible every 6 months
  • Minimum investment $100,000
  • Must be between 18 – 65yrs to apply

Max5 Fast-Tack Insurance Option:

This option allows you to insure your saving goal amount. Where the insured dies or become totally and permanently disabled, we will pay to you or your beneficiaries the total amount saved plus insurance benefits.

  • Rate: 4% p.a.
  • Requires additional saving of $1,000 minimum per month
  • Enjoy higher returns
  • No direct premium charges to you except in the case of early closure

Early closure of contract:

  • Break rate charge $1,000+GCT
  • Subject to withholding tax of 25%
  • Cost of insurance premuims already paid on your behalf
Other conditons apply

By clicking “Accept” you give Lascelles Employees & Partners Co-operative Credit Union website permission to store cookies on your device for the purpose of analyzing site usage, assist with marketing efforts and improve our website experience.  See our cookie policy.