Why pay with cash or credit when you can use interest^* free?

Buyer’s Edge is accepted at over 10,000 stores around Australia, so you can go interest free shopping all year round. You can spend up to your credit limit and go interest free shopping again and again without having to reapply. There are several interest free options available, depending on where you’re shopping.

Buy Now Pay Later

With a Buy Now Pay Later promotion, you can buy what you want today and you are not required to make any repayments during the interest free period (e.g. 6, 12, 24 months). You can choose to pay the outstanding balance in full on your purchase before the interest free period ends, and you won’t pay any interest on that purchase.

Interest free

Unlike the Buy Now Pay Later option, you're required to make minimum monthly payments during the interest free period. (e.g. 6, 12, 18, 24 months). The minimum amount required each month is either 4% of the outstanding balance of your account or $30 - whichever is greater, and will appear on your monthly statement. You’ll need to make more than the minimum payment during the interest free period to avoid paying interest on your purchase.

Make your payments easier by arranging a direct debit. Simply login to the Online Service Centre, download and complete a direct debit form or call 1300 361 152.

Frequently Asked Questions

Making an interest free purchase

1. How do I make an interest free purchase?

   If you’re already a cardholder, present your Buyer’s Edge card or your driver’s licence at any store that accepts Buyer’s Edge. The sales person will advise you which interest free promotions are currently available. You can then purchase up to your available credit limit.
   
   If you’re not already a cardholder, apply for a GE CreditLine card online today and enjoy these benefits. (Buyer’s Edge is no longer available to new customers)

2. Can I choose which finance option I use?

   Stores run different interest free promotions at various times of the year. Ask in-store about the finance options currently being offered in the store you’d like to make your purchase from.

3. What is the minimum purchase amount for interest free? 

   This varies, depending on the store where you make your interest free purchase. Talk to the salesperson in the store where you’d like to go interest free shopping to find out more.

4. Can I only use my Buyer’s Edge card at the store where I initially made my purchase?

   Buyer’s Edge is accepted at over 10,000 stores around Australia and you can purchase again from any of those stores.

5. When does my interest free and/or Buy Now Pay Later promotion start?

   Once you have your goods, and Buyer’s Edge has received all correctly completed paperwork
   from the store. Your account is created and your promotional period begins.

6. Do I have to pay off my interest free purchase before I can use my card again?

   No. Providing you have sufficient available credit left on your card, you can use that credit to take advantage of any type of promotional purchase offer, a regular interest bearing purchase or cash advance.

Payments

1. How will I track when my repayments are due?

   You’ll be sent a statement every month, showing the minimum amount you’re required to pay and the due date.  For more information, take a look at How to read your statement and if you have a query about your statement, simply call our Customer Solutions team on 1300 361 152.
   
   You can also access your account details using Cards On-Line 24/7. You just need your account number to register.

2. Are there penalties for early repayments?

   No. You can pay off the whole amount of your purchase before the interest free period expires and there is no penalty.

For Buy Now Pay Later and Interest Free promotions

1. What happens if I don’t pay off my purchase within the interest free period?

   You will begin to incur interest on any outstanding amount from the date your interest free period expired. The interest will not be backdated.

2. Do I have to pay off my interest free purchase before I can use my card again?

   No. Providing you have sufficient available credit left on your card, you can use that credit to take advantage of any type of promotional purchase offer, a regular interest bearing purchase or cash advance.

3. Can I use Buyer’s Edge to make additional interest free purchases?

   You can purchase as many times as you like – up to your credit limit - from stores that accept Buyer’s Edge.

4. How are the minimum monthly repayments calculated?

   The amount you need to repay appears on your monthly statement.  If monthly payments are required, it’s calculated as 4% of the total outstanding balance or $30, whichever is greater. (Plus any overdue payments, over limit amounts and fees). You can put a direct debit in place to ensure your minimum monthly payments are made on time automatically. Call our Customer Solutions team on 1300 361 152 to arrange this.

   Remember, to avoid any interest charges at the end of your interest free period, you need to pay more than the minimum monthly payment each month. 

5. How can I pay my account?
   • Direct Debit
   • BPAY
   • By mail with cheque or money order
   • In person a Westpac Bank Branches and Australian Post outlets

   Fees and charges apply to some payment methods

Fees and charges

1. Are there any fees and charges payable on my Buyer’s Edge account?

   Click here for a full list of fees and charges

How to avoid fees and charges

1. How can I avoid paying interest?

   If you choose to pay the outstanding balance in full before your interest free period ends, you won’t pay any interest on that purchase.

2. How can I avoid incurring an over limit fee?

   Ensure that your account balance doesn't exceed your credit limit at any time during the month.

   • Check your balance regularly and if you're close to your limit, making an interim payment helps to reduce the risk of exceeding your credit limit.
   • You can check your account balance via the Online Service Centre by calling us on 1300 361 152 before making a transaction, to be sure that making that transaction will not take you over your limit.

   You can also request a credit limit increase by calling us on 1300 361 152.

3. How do I avoid incurring a late fee on my account?

   To avoid incurring a late fee, please ensure that GE Money receives at least your minimum monthly payment by the due date shown on your statement.

4. How do I know what my credit limit is?

   Your credit limit can be found on the top right of your monthly Buyer’s Edge statement or you can log on to the Online Service Centre to check it any time. You can also call 1300 361 152 to ask about your credit limit. Your interest free credit limit can be different from your cash credit limit.