What is a Fixed Payment Option?

What is a Fixed Payment Option?

A Fixed Payment Option allows you to make your repayments in monthly instalments at a fixed rate over a set term.

You can use a Fixed Payment Option in three ways:

  1. Receive cash from $500 up to your available credit limit. Repay in Monthly Instalments at fixed rate over a set term.
  2. Convert retail purchases from your current statement. A minimum conversion of $500 applies. Excludes fees and charges, Balance Transfers, Cash Advances and existing Fixed Payment Options.
  3. Convert an unbilled retail purchase of $50 or more.

Ben Ferguson
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