Important disclosure
Pros and cons
For Deferit
Benefits
- No late payment fees
- Signed up to BNPL code of practice
Drawbacks
- Available for limited purposes
Deferit Rate Buy now pay later overview
For Deferit
Product
Instalments 4 | Instalment frequency Fortnightly |
Maximum number of instalments 4 instalments every fortnight | Credit limit $2k |
Credit check performed | Minimum interest rate |
Maximum interest rate | Reward program |
Fees
Minimum establishment fees | Maximum establishment fees |
Minimum late payment fees If a customer is behind on a payment, their account is paused and they are unable to defer any further bills. | Maximum late payment fees |
Minimum ongoing payment fees The monthly ongoing fee only applies when you have a balance to pay. No balance means no fees. | Maximum ongoing payment fees $9.99 monthly |
Support
Mobile app available | Apple Pay |
Google Pay | Samsung Pay |
Card available |