Interest on your Zable card accrues daily on all completed transactions and stops once your outstanding balance is cleared in full. Any interest earned during the period is then added to your account on your statement date, unless you opt into the 35-day interest-free period.
What is the 35-Day Interest-Free Period?
If you pay your full statement balance each month by your due date, you’ll avoid paying interest on your purchases for that period.
How to Use the Interest-Free Period:
Make sure your statement balance is paid on or before your due date.
You can set up automatic payments, so we’ll attempt to collect your full statement balance on your payment date.
You can also make a one-off payment in the Zable App.
To Set Up Automatic Statement Balance Payments:
Tap “Pay” on the app home screen.
Tap “Payment amount.”
Choose “statement balance” from the options.
By keeping your account up to date, you can benefit from the interest-free period every month!