Explore what the Float payment method is, how it works, and why you should consider it.
Float is the better way to credit card.
What is Float?
Now you can split any credit card purchase into 6 interest-free monthly instalments using the available limit on your Visa or Mastercard credit card. When you shop with Float, you buy yourself more time to meet your credit card repayments because each month your credit card statement only reflects the monthly instalment amount versus the full purchase amount.
How Float works
At the time of purchase, the full purchase amount will be reserved on your credit card, but only the first interest-free instalment will be charged. The remaining instalments are charged on the same day each month. As you pay each monthly instalment, the amount reserved will reduce to the remaining balance of the purchase until your purchase is fully paid.
How to use Float
- Choose Float as your payment method
- Choose your number of instalments
- Enter your credit card details and Float it
- Hooray! You're paying later with Float
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