For our standard card account, interest accrues daily against all completed transactions and would stop accruing once the outstanding balance is cleared in full. Any interest accrued in that period is then applied on your statement date, unless you have opted into the 35 day interest free period.
The 35 day interest free period is for those who pay their statement balance in full each month and is a way to avoid paying any interest.
To make use of the interest free period or avoid paying interest each month, you would just need to make sure your statement balance is paid on or before your due date. This can be through recurring repayment which we can take automatically on your payment date or by making a one-off repayment on the Pay tab in the Zable App.
If you would like us to attempt to charge the statement balance automatically each month, please follow the instructions below:
Click "Pay" on the app home screen
Tap "Payment amount"
Choose from the options available