How do I make Suncorp Bank PayLater payments?
How do I make Suncorp Bank PayLater payments?
When you make a Suncorp Bank PayLater purchase, we’ll split it into four equal, fortnightly payments.
The first payment happens automatically at the time of your purchase with three more automatic payments every two weeks over a six-week period.
If the purchase amount doesn’t split exactly four ways, we’ll divide it so the first three payments are the same, and the final payment is slightly less (usually only $0.01 less).
Here’s a simple guide to how the four payments work:
1st payment |
25% of purchase price Payable at the time of purchase |
2nd payment |
25% of purchase price Payable 2 weeks after purchase |
3rd payment |
25% of purchase price Payable 4 weeks after purchase |
4th and final payment |
Balance owing Payable 6 weeks after purchase |
All of the payments will be processed automatically from your linked Everyday Options Account. You just need to be sure there’s enough money in your account to cover each payment when it falls due.
Learn more about Suncorp Bank PayLater late fees.
Commonly asked questions
- How can I apply for Suncorp Bank PayLater?
- Can I request an increase to my Suncorp Bank PayLater spend limit?
- Can I make Suncorp Bank PayLater payments early?
- How do returns and refunds work with Suncorp Bank PayLater?
- What is a Suncorp Bank PayLater late fee?
- I won’t be able to make a payment. What should I do?
- Can I change the payment day for a Suncorp Bank PayLater purchase?
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