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.
Discounted interest rate
With a Statement Instalment Plan, you can access a discounted interest rate over the period of the plan.1
No fees for paying earlier
You can make additional repayments, or choose to pay off the instalment plan at any time, at no extra charge.
Keep your interest-free days
An interest free period will apply to your Retail Purchase Balance when you pay the Interest Free Days Payment displayed on your statement by the Payment Due Date.
Manageable monthly instalments
Choose the amount you wish to convert, then the length of your instalment plan, based on how much you want to pay 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’ to view your offer, then follow the prompts to set up your plan.
Pay each month
The repayment amount is included in your Minimum Payment Due.1 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 Credit Cards app. Make extra repayments or pay off your balance, with no extra charge, by calling us.
Download the Qantas Money Credit Cards App today.2
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).
