Finance

Interest-Free Finance

Beat the heat now, from $10.90 + GST per week!

Buying a new Air Conditioner just got easier!

Climate Air Solutions now offers up to 36 months of interest-free credit* – pay as little as $10.90 + GST per week!

Instant Pre-Approval – Apply Online

For a no-obligation pre-approval, follow these easy steps:

  1. Select either a “Single” or “Joint” application
  2. Fill out the short online form
  3. Receive your confirmation in seconds!

If you’re approved, contact us on (07) 4965 3813 to discuss the next steps. Make sure to keep your “Welcome Confirmation” email, as you’ll need it to continue, along with some personal identification (e.g. current driver’s licence) to complete your purchase.

* Approved applicants only on a Once Line of Credit. Terms, conditions, fees and charges apply including a one-off $99 Establishment fee for new applicants. Minimum finance amount applies and is based on the promotional term. Interest, currently at 19.95% p.a., is payable on any balance outstanding after the interest free period. Finance is provided by Once Credit Pty Limited ABN 99 112 319 632, Australian Credit Licence 386194.

FAQ

How do I make an interest free* purchase?

If you are already an existing Once Credit customer:

Simply present your Once Visa card to our staff and they will advise you which interest-free promotions are currently available. You can then make additional interest free purchases up to your available credit limit.

If you are not currently a Once Credit customer:

Applications for pre-approvals can be done on-line. Simply choose “single” or “joint” application (You will be redirected to ONCE to complete your application).

You can apply if you are:

  • 18 Years of age or over at the time of application;
  • Employed and earning more than $30,000 gross per year;
  • A permanent Australian resident;
  • Not a discharged bankrupt or currently bankrupt; and
  • Not currently in default or have outstanding Writs or Summons

What is interest free and how does it work?

A Once Line of Credit facility gives you access to promotional offers such as interest-free at participating retailers. Where an interest-free period applies, no interest is payable on the amount of the purchase during the interest-free period. Pay the balance in full before the interest-free period ends and you won’t pay any interest at all on the purchase. There is no penalty for paying the loan off early either.

What’s more, you can also re-use your account for other interest-free purchases in-store or online at participating merchants.

How much can I borrow on interest free finance?

Finance, for purchases, is usually available for any amount between $300 and $20,000 (subject to lending criteria and approval).

Are there any fees?

Yes, these are advised to you in the Credit Offer and Conditions of Use & Credit Guide booklet. Please ensure you read and understand these before you apply.

There is a low one off establishment fee of $70 which is debited to your account once it has been established and forms part of the outstanding balance. There is also a $4.95 monthly Account Keeping Fee applicable while there is outstanding balance on your account.

What is the minimum repayment required?

Contractually, the minimum monthly repayment required is only 3% of the outstanding balance or $40, whichever is greater. Please note, making only the minimum monthly repayment will not pay out the purchase within the interest free period.

When is my first payment due?

The first payment is due one (1) month after the account is settled by Once unless there is a payment deferred period.

What is the Annual Percentage Rate?

The Annual Percentage Rate (APR) applicable will be specified in the Credit Offer. This is the rate that will be charged for card transactions and purchases using the Once Visa card. This rate also applies to cash advances and withdrawals. If an interest-free period applies to your purchase, then NO interest will be charged on that particular purchase for the duration of the interest-free period. After the interest-free period expires, interest will be payable on any outstanding balance at the APR.

Can’t find what you’re looking for? We’ll be happy to help you out.

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