Suncorp Bank PayLater
No interest - make 4 equal payments
No fees when you pay on time
Apply in minutes for a spending limit of $1,000
Shop with Visa Debit worldwide*
Suncorp Bank PayLater gives you everything you love about ‘buy now, pay later’ with all the convenience of a Visa Debit card.
The Suncorp Bank PayLater Visa Debit card will be accepted worldwide, in-store and online*, for purchases of $50 or more. Once approved, you can add it to your digital wallet instantly.
When you make a PayLater purchase, we’ll immediately deduct 25% of the price from your linked Suncorp Bank Everyday Options Account^, with three more equal automatic fortnightly payments to follow.
We’ll always remind you when an automatic fortnightly payment is coming up.
If an automatic payment doesn’t go through due to insufficient funds, you’ll have two more days to make it manually before we charge a $10 late fee (which we hope to never do).
We know sometimes life can get a little hectic, so we’ll only charge one late fee per purchase. And to help you avoid late fees altogether, you’ll have a little extra time when you need it.
Be notified when Suncorp Bank PayLater is available
Register today to be one of the first to know when the product launches.
Suncorp Bank PayLater is designed to give you more flexibility with your spending and budget. You can make payments early in the Suncorp App. You can even adjust your payment day to better suit your lifestyle.
When you apply, we’ll perform a credit check. You also need to be at least 18 years old, a resident of Australia and have an eligible Suncorp Everyday Options Account. If approved, you can manage both accounts in the Suncorp App.
Find out more about our Everyday Options Account. It has no monthly fees and heaps of other benefits we know you’ll love.
Making bank cards better
We’re working towards more inclusive and sustainable banking. From October 2021, all new and reissued Suncorp Bank Visa Debit and eftpos cards will:
- be manufactured from 82% recycled material collected and re-purposed from post-industrial sources
- include special features to assist customers living with visual impairments
- be sent in a plastic-free, recyclable and biodegradable envelope.
Frequently asked questions
Suncorp Bank PayLater is coming soon. We'll share all the details when we launch in late 2021.
The Suncorp Bank PayLater Visa Debit card will be accepted worldwide.* You can use your card in-store and online for purchases of $50 or more, up to your spending limit.
Yes, you’ll be able to add your card to Apple Pay or Google Pay as soon as you’re approved.
Once approved, you will have a spending limit of up to $1,000.
Things you should know
Banking products issued by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL 229882 Australian Credit Licence 229882 ("Suncorp Bank"). The terms and conditions for Suncorp Bank PayLater will be available on our website prior to launch. You will also be provided with a link to these terms and conditions before you apply for Suncorp Bank PayLater and you should read them carefully. Please read the Product Information Document for Personal Deposit Accounts before opening an account. Fees, charges, terms and conditions apply and are available on request. To approved applicants only.
*Suncorp Bank PayLater cannot be used for purchases from merchants classified under the gambling Merchant category codes.
^25% of the purchase price must be available in your linked Everyday Options Account at the time of purchase for the transaction to be approved.
Apple, the Apple logo, Apple Pay, iPhone and the App Store are trademarks of Apple Inc.
Android, Google Pay and the Google Logo are trademarks of Google LLC.