We offer three different Interest Free plans to suit your needs and budget. These plans are available through a range of brands and retailers.
Click here to see where you can use your Gem Visa or Gem Creditline cards to take advantage of Interest Free offers!
Interest Free (Minimum Monthly) - Pay minimum monthly payments, and chip in extra when you can.
- No interest is charged for the promotional period.
- Minimum monthly payments are required for the length of the promotion.
- At the end of the promotional term, any remaining balance will revert to the standard interest rate, if it is not paid out on or before the expiry date.
Instalment Interest Free (Equal Monthly Payment) - Keep it simple and pay the same amount every month.
- Equal monthly payments required for the promotional period.
- No interest is charged for the promotional term.
- For terms shorter than 36 months, repayment amounts are higher than an interest free payment for the same term. If you make two consecutive short-fall payments or miss two consecutive payments, the plan/s will automatically transfer to an Interest Free plan (refer to Interest Free above for more details) for the remainder of the plan period.
- At the end of the promotional term, any remaining balance will revert to the standard interest rate, if it is not paid out on or before the expiry date.
Interest Free Deferred (Flexible) - Pay when it suits you.
- You don’t need to make any payment for the promotional period.
- You can make payments at any time.
- At the end of the promotional term, any remaining balance will revert to the standard interest rate, if it is not paid out on or before the expiry date.
Need to change your Interest Free plan?
No worries! Just go to our Contact Us page and call us to help.