Applicant(s)

  • Macquarie Bank Limited
  • Perpetual Limited

Notification number(s)

  • N94249
  • N94250

Summary

Perpetual Limited proposes to offer consumers a discount on mortgage products on condition that the consumer also acquires a credit card product from Macquarie Bank Limited (MBL).

MBL will offer consumers an annual fee waiver on credit card products on condition that the consumer also acquires a mortgage product from Perpetual Limited.

On 27 October 2009 the ACCC stated that it would take no further action on this matter at this time.