Credit balances may be subject to an annual interest rate if you do not repay your eligible balance in full by the payment due date.
Monefit Card Credit currently uses a fixed annual interest rate of 25% per year.
The applicable interest rate is shown in your agreement and in the app.
💳 Interest is only charged on outstanding balances that remain unpaid after the interest-free period, where applicable.
Your personal interest rate is always shown:
In your credit agreement
During onboarding
In the Monefit Card app
You can also review:
Current balance
Interest charges
Payment due date
Repayment details
directly in the app.
To avoid interest charges, repay your eligible balance in full before the due date.