Latest COVID-19 Updates | Learn More >

Afterpay Now Available

Afterpay Now Available

Are you looking to make a new appliance purchase? We know things don’t always go as planned and when your washing machine breaks down, or your need to upgrade your fridge, making a purchase fast is a priority.

Do you need a flexible payment plan to meet your purchasing needs? With Afterpay, you can do just that: buy now, take it home and pay for it later. Afterpay lets you pay for your product over the space of 6 weeks, with no interest at all! Afterpay joins our existing Buy Now, Pay Later (BNPL) providers which include Zip , Humm and HSBC

How does Afterpay work?

  • Browse

Find your item in store or online.

  • Choose Afterpay and create an account

Select Afterpay as your chosen method of payment and open an Afterpay account (if you don’t have one), otherwise just log into your Afterpay account. New accounts will often get instant approval within seconds.

  • Pay in 4 instalments over 6 weeks

At the time of purchase, you’ll pay your first instalment, and the remaining three instalments will be paid every two weeks.

Is Afterpay suitable for me?

If you’re considering Afterpay as a payment method, you’re in the right place. With various Buy Now, Pay Later providers on the market, knowing which one is right for you can be overwhelming.

Comparing Finance Options

Below is a comparison between Afterpay, Humm and LatitudePay to help you make the right decision for your next purchase. 

Afterpay vs Humm vs LatitudePay

                                                                      
AfterpayHumm 'Little Things'LatitudePay
Eligibility • You must be at least 18 years old • You must live in Australia • You must have a valid and verifiable email address and mobile phone number • You must use a valid Australia bank payment card to make a purchase • You must live in Australia • Be at least 18 years old • Be capable of entering into a legally binding agreement • Have a valid and verifiable email address and mobile number • Use an Australian bank payment card • Have a verifiable and valid ID • Be over 18 years old • Be a permanent resident of Australia or hold a temporary visa (with 12 months remaining) • Have a valid credit or debit card (Visa or Mastercard) • An Australian driver’s licence or passport is required for an identification check • Your credit score is checked upon application
Interest No interest is charged, however late fees may apply. No interest is charged, however late fees may apply. No interest is charged, however late fees may apply.
Fees Late fees may apply. No fees if you choose to repay it back over 2.5 months. If you choose to pay over 5 months, you’ll pay $8 a month. Late fees may apply. A cash advance fee may be charged every time you make a purchase. This may occur if your bank interprets the payment to LatitudePay as a ‘cash withdrawal’. Speaking to your bank will easily resolve this problem.
For Purchases Up To Spending limit starts at $500 and increases over time with responsible spending. Per plan, the maximum purchase is $1,500 per transaction and you can have an outstanding account limit of $2,000. Up to $2000 A spending limit of $1,000 applies and is only applicable with a good payment history over all your payment plans. An email may be sent to you with an offer to increase your limit, however an increase cannot be requested with our customer service team.
First Payment The first payment is 25% of the total purchase price, taken at the time of order or purchase. All payments will be debited on the dates specified unless it's not a business day, in which payment will be debited the following business day. For new Humm customers please note the first repayment of 20% is required at time of purchase. The first payment is paid upon purchase, which is 10% of the purchase price. You can choose to pay more than 10% if you prefer.
Repayments Your purchase is paid in 4x instalments over 6 weeks. The first instalment is paid upon purchasing and the remaining 3x instalments are paid every 2 weeks, totalling 6 weeks. Fortnightly payments over 10-20 weeks. Your purchase is divided into 10 weekly repayments. The first repayment is paid upon purchase and the next repayment is scheduled on the same day of the following week and so on over 9 weekly payments.
Late Fees Capped late fee starts at $10 but never goes higher than 25% of the purchase price or $68 (whichever is less). • $6 late payment fee, in addition to any fee or charge by your bank or credit union. • $30 collection fee if steps must be taken to collect the balance from you. If a payment is missed, a $10 late fee applies.
Refunds Return your item to the retailer who will handle the refund in accordance with their return policy. If a refund is required, in accordance with the retailer’s policy or by law, Afterpay will refund what you’ve paid, back to the card you paid with and cancel any future payments. Return your product to the retailer who will handle the refund in accordance with their return policy. If a refund is required in accordance with the retailer’s policy or by law, Humm will refund what you’ve paid and cancel any future payments. Return your item to the retailer who will handle the refund in accordance with their return policy. If a refund is approved, in accordance with the retailer’s policy or by law, LatitudePay will refund what you’ve paid, back to the card you used to purchase.

Pros & Cons

Afterpay

Pros

Cons

Easy application process without a credit check required.

Impulse spending may occur and add up over time.

You can make a purchase of up to $500 without having the full amount on hand.

Even with spending limits, you may get into debt, spending more than you can afford.

No interest is accumulated with no account fees charged.

Late fees of up to 25% of your purchase price (or max $68) apply.

 

Humm

Pros

Cons

Easy application process

Buy now, pay later may equate to impulse spending.

A large spending limit of up to $2,000.

Even with spending limits, you may get into debt, spending more than you can afford.

No fees if you choose to repay it back over 2.5 months.

If you don’t make your payments on time, late payment fees may apply.

·         A $6 late payment fee, in addition to any fee or charge by your bank or credit union will be applied when you don’t pay your instalment on time.

·         A $30 Collection Fee will be charged if steps must be taken to collect the Balance from you.

 

LatitudePay

Pros

Cons

Simple application process takes minutes.

An identification and credit check is verified before approval.

You can make a purchase of up to $1,000 without having the full amount of cash on hand.

A maximum spending limit of $1,000 will limit the purchase of ‘bigger’ items.

No interest is accumulated.

Transaction fees may apply, based on the bank who issued your card. Late fees of $10 also apply.

FAQs

Check out popular FAQs below to find out all the essential information before you sign up and use Afterpay. All information provided is general and should not be taken as financial advice.

 

Does Afterpay do a credit check?

Afterpay does not do any credit checks upon application, and they don’t report late payments, so your credit score or credit rating is not impacted by using Afterpay.

 

Can you have two Afterpay orders at once?

Within 24 hours of your approval to use Afterpay, you can only have one (1) order. If you try to add multiple purchases, this is considered a red flag and will be declined. Only with time and a responsible spending history, Afterpay will gradually increase your spending limit and your ability to have multiple orders at once.

 

How do I use Afterpay in store?

Using Afterpay in store is simple with the Afterpay Card which can be set up in the Afterpay app. The Afterpay Card will then need to be added to your Apple Wallet or Google Wallet on your smart device to enable contactless payment at participating stores. More information on using Afterpay in store can be seen in the ‘Shop’ tab of the Afterpay app.


Ready to Shop?

Whether it’s an upgrade, a completely new addition or just because, shop from the biggest brand names with competitive prices at Betta. Shop in store or from the comfort of your home, and for greater flexibility, our Buy Now, Pay Later services are here to help! Click here to view all our payment plans.