With Afterpay, you get what you purchase now, and pay for it in 4 payments over 6 weeks, interest-free.

Afterpay pays the merchant in full. You make your first payment (approximately 25% of the total) at the time of purchase, and the remaining three payments are automatically deducted from your nominated debit or credit card approximately every two weeks.

Afterpay applies an approval process for each transaction that considers multiple factors, including your available to spend and on-time payment history. This process is carried out on every order, not just your first one.

There are no fees when you pay on time. Unlike most credit cards, there are no hidden or annual fees, and Afterpay doesn't charge interest when you pay it in 4.

If you miss a payment, Afterpay does charge late fees. These fees never exceed 25% of the purchase price or $68; whichever is less.

For orders under $40: A one-time late fee of up to 25% of the order total applies.

For orders of $40 or more: A $10 late fee is charged when a payment is missed. If the outstanding amount remains unpaid after seven days, an additional $7 late fee applies. This is the same for all late payments until the 25% cap or $68 amount is reached.

Afterpay's spending limits start low, and increase gradually over time with consistent on-time payments.

If you're a new Afterpay customer, the amount you can spend will be lower than if you've been responsibly using Afterpay for a long time. Afterpay takes the time to get to know you, and before each transaction, assesses your ability to make repayments on your instalment plan.

Consistent on-time repayment history can increase what you can spend with Afterpay. Typically, the longer you've been using your account and making repayments on time, the more likely the amount you can spend will increase.

To apply, you'll need to be an Australian resident, 18 years or older, and earning a regular income. Afterpay will ask for some basic details like your address, email and mobile number. As part of the process, Afterpay will verify your identity electronically and run a quick eligibility check. If approved, just link a valid debit or credit card — and you're good to go.

When making a purchase with humm, you can apply with any of humm's merchant partners for purchases up to $50,000*. humm will ask for your personal details, and your income and expenses to assess your application. If approved, you can choose a finance plan that suits your needs.

With humm, repayments are spread over fortnightly or monthly repayments for up to 120 months, depending on the merchant partner's available terms. Once nominated, repayments are deducted automatically from your account when they are due. The humm app shows a schedule of repayments so you can keep track.

*Minimum and maximum purchase amounts and available repayment periods differ between merchants. Fees, terms and conditions apply.

Fees, charges and interest (if applicable) vary depending on the product type, merchant and the amount of credit. Your loan schedule will detail the fees, charges and interest (if applicable) that apply.

Low cost credit contracts are subject to fee caps and interest will not apply. Please review your loan schedule and the product terms and conditions carefully before accepting.

With humm, you can borrow up to $50,000 and pay it back in monthly or fortnightly instalments over 3–120 months*.

*Fees, charges and interest (if applicable) vary depending on the product type, merchant and the amount of credit.

An applicant must:

• Be 18+ years old
• Permanently reside in Australia
• Hold a valid Australian ID
• Have a regular source of income
• Have a good credit score and repayment history*

*Approval subject to credit assessment criteria. Fees, charges and terms and conditions apply.

Note: humm works on a credit check system that considers your ability to make repayments, the suitability of the product, and your individual circumstances. Meeting the above criteria does not necessarily mean you meet all lending assessment criteria or that you will be approved.