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- Deferit
Deferit
Instalments
4
Instalment frequency
Fortnightly
Maximum Credit
$2k
Deferit
Instalments
4
Instalment frequency
Fortnightly
Maximum Credit
$2k
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
