What are the benefits of setting up a Statement Instalment Plan?
Take control of your Qantas Money Credit Card repayments by converting the purchases on your statement into monthly instalments over a set term. Balance Transfers and other balances on a promotional rate, card fees, interest charges, cash advances and existing instalment plans are not eligible for conversion.
Lock in a lower interest rate
With a Statement Instalment Plan, you can access a lower interest rate than your standard Retail Purchase Rate.
No fees for setup or early exit
There are no fees for setting up an instalment plan. You can also make additional repayments, or choose to pay off the instalment plan at any time, at no extra charge.
Keep your interest-free days
The interest free period applies when you pay the Interest Free Days Payment amount displayed on your statement by the Payment Due Date (excluding any Instalment Plan balance which isn’t due for payment by that Payment Due Date). No interest free period is available on Cash Advances or Balance Transfers.
Manageable monthly instalments
Choose the amount you wish to convert to your instalment plan, then the length of time you need to pay it based on how much you can afford each month.
How it works
- spend using card
- Set up a plan
- Pay each month
- Track your progress
Spend using your card
Once you receive your statement, you may be eligible to set up an instalment plan1 to pay off your purchases in manageable repayments.
Set up a plan
Log in to the Qantas Money Credit Cards App. On the ‘Home’ screen tap on ‘Instalment plans’ then follow the prompts to set up your plan.
Pay each month
The repayment amount is included in your Minimum Payment Due.2 Check your monthly statement for more details.
Track your progress
See how much you’ve already paid and what’s left to pay off in the Qantas Money app. Make extra repayments or pay off your balance, with no extra charge, by calling us.
Set up and manage
Set up an instalment plan
Log in to the Qantas Money Credit Cards App and go to the ‘Statements’ tab.
Tap on 'Instalment plans' under ‘How to pay your credit card bill’ section and follow the prompts to set up your plan.
Manage your instalment plans
To view details or cancel your active instalment plans you can do so via the 'Instalment Plan' tab on the home screen.
Download the Qantas Money App today.3
Frequently asked questions
You can repay the monthly instalment in a similar way to how you pay your credit card bill. Note that the monthly instalment is included in your Minimum Payment Due in your statement.2
During the cycle in which the instalment plan is set up, you will be charged an initial interest charge or the once-off setup fee which will be included in the Minimum Payment Due on your next statement. Subsequent statements will include an instalment for each month of the term.
You can pay off your instalment plan at any time without early repayment fees. Simply call us on 1300 992 700 (or +61 2 8222 2569 if you're calling from overseas).
