Take solid control of the charge card repayments and break up a big bank card purchase or stability into fixed month-to-month instalments over a group term.

Features & advantages

Break down big purchases or balance

Break up a large purchase or your bank card stability. You decide on the quantity you’d love to repay on the basis of the term and simply how much it is possible to pay for every month.

Versatile access

We understand that your particular circumstances can transform. Whenever you want, it is possible to cancel or spend your plan off early.

Freedom to own plans that are multiple

It’s possible to have as much as 10 active plans at any given time, for each credit card that is eligible. No credit that is additional are expected.

Exactly exactly How SurePay works

Pick from 3 kinds of plans

Choose your balance or purchase

You’ll need to select an qualified purchase or stability to put a plan on.

Choose your month-to-month instalment re re re payment

Start your monthly obligations

Every detail of the plan together with your month-to-month instalment quantity and date that is due are going to be shown on the next month-to-month statement once you put up an agenda. This can include your re payment options and a listing of your plan progress. You could monitor your progress any amount of time in NetBank or perhaps the CommBank software.

You’ll be expected to produce your SurePay instalment that is monthly on your regular declaration due date every month.

Missed payments and plans that are cancelled

In the event that you skip an instalment that is monthly your plan won’t be terminated. Any unpaid instalment quantity for that thirty days is going to be transported back again to the purchase stability (or advance loan stability for advance loan plans) and charged during the standard purchase (or cash loan) price. This will also apply to any outstanding balance if you cancel a plan.

Keep in mind: whenever you put up an instalment plan you are going to nevertheless have to fulfill your overall and future minimum that is monthly.

Interest & your repayments

Exactly exactly just How interest works together with SurePay

SurePay re re payments

When you’ve got a SurePay instalment plan, your instalments to your bank card shall be reproduced the following:

Which means your present month-to-month instalment repayments will always paid first, even although you have actually other balances with greater interest levels (such as for instance payday loans or acquisitions perhaps perhaps maybe not in an agenda). If this not any longer you prefer, you might cancel your plan whenever you want.

Installing a plan

SurePay can be obtained on all credit that is personal and Business Awards cards.

Setting a plan up:

Instead, give us a call on 13 2221, or go to your nearest branch.

Wish to know about the newest offers?

You can update your message preferences in NetBank if you’d like to hear about the latest SurePay program offers. Merely sign on, get to ‘Settings’, choose ‘Message preferences’, and opt in to get direct advertising offers under ‘Special provides, items & offers’.

Things you must know

You may not be able to make an application for an instalment plan in the event that you never satisfy our requirements (age.g. when you yourself have surpassed your limitation or you come in standard). Instalment plans aren’t available on non-Awards company Cards, business cards or transfers of balance or rate that is great.

The regards to the bank card Conditions of good use associated with instalment plans (part 5) will apply.

When you have actually an instalment plan, we use your charge card repayments first to your present month-to-month instalments. online payday loans West Virginia This may use even if you have got other card balances with an increased interest rate, such as for instance payday loans and acquisitions instead of a plan.

Any interest-free duration on acquisitions will no longer apply when the purchase is placed on a plan.

You are able to cancel your instalment plan whenever you want. Whenever a termination is prepared, the instalment that is outstanding is going to be utilized in your acquisitions stability (or cash loan stability for cancelled cash loan plans) and accrue interest through the transfer date during the standard purchase or money interest price relevant in your account.

You can continue to make any remaining monthly payments due up to the end of your chosen term if you miss a monthly payment your plan won’t be cancelled and. Nonetheless, in the event that you skip an instalment re payment, the amount that is unpaid be used in your acquisitions stability (or cash advances balance if the instalment plan ended up being a cash loan plan). It shall then accrue interest during the purchases (or cash loan) price.

Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence 234945.