How it works

Our easy and flexible repayment plans suit bigger and smaller buys – from a few hundred dollars to $20k.

Plan right with Payright. From luxe beauty treatments through to bathroom upgrades, we’ve got you covered.

How it works

Our easy and flexible repayment plans suit bigger and smaller buys – from a few hundred dollars to $20k.

Plan right with Payright. From luxe beauty treatments through to bathroom upgrades, we’ve got you covered.

How Payright works

Everything you need to know before selecting a payment plan that’s right for you.

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Find what you need in-store

Take your time to decide exactly what you’d like to purchase.

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Apply in minutes

Make a quick application on your phone while you’re in store.

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Get an instant decision

You’ll find out right away if your plan is good to go.

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Start your Payright plan

Commence repayments in easy, bite size installments.

 

Understanding our fees


We believe fees shouldn't be a surprise. Here's how it works when you take out a payment plan with us.

Plan amount

$0 - $10,000


For purchases with any business in our merchant network

$10,001 - $20,000


Exclusively for purchases in our home improvement category

Plan length & Establishment fee


Initial fee to establish your account. This is spread over the lifetime of your plan.

  • 2 months ($0)

  • 3 months ($5.00)

  • 6 Months ($39.00)

  • 12 Months ($59.00)

  • 18-36 Months ($59.90)


  • 48-60 Months ($89.90)

Monthly account keeping fee


While your Payright account remains open, Payright may continue to charge account keeping fees.

This fee will be paid with your repayment frequency – either fortnightly or monthly while you have an active plan. This fee is not duplicated if you have more than one plan.

Payright’s current process is to waive account keeping fees where there is no active plan.
Maximum $3.50 per monthMaximum $3.50 per month

Payment processing fee


Payable with each repayment (fortnightly or monthly – you choose)
$2.95 per repayment$2.95 per repayment

 

Taking out another plan?


All you'll pay on your next plan is a repeat purchase fee. Monthly account keeping and payment processing fees are only charged once per account.

Repeat purchase fee


Payable if you take out an additional plan.

  • 2 months ($0)

  • 3 months ($5.00)

  • 6 Months + ($19.95)

Monthly account keeping fee

No additional charges.

Payment processing fee

No additional charges.

 

Other fees

Late payment fee


Payable when a scheduled payment is missed
up to $12.95

 

Fee caps

Establishment Fee, Repeat Purchase Fee and Payment Processing Fee
You will not be charged more than $200 in the above fees in the first 12 months of your Payright plan or $125 in any subsequent 12 month period.

Late Payment Fee
Late Payment Fees are capped at the lower of 10% of the your approved credit limit or $250.