Interest may be charged when an outstanding balance is not repaid according to the terms of your agreement.
💳 Interest may be charged when:
Your Credit balance is not repaid in full by the applicable due date
The interest-free period expires
A payment becomes overdue
For eligible Credit purchases, no interest is charged if the full amount used during the calendar month is repaid by the 15th day of the following month.
The amount of interest charged depends on:
Your outstanding balance
The number of days the balance remains unpaid
The interest rate applicable to your account
You can avoid interest charges by repaying your eligible balance in full within the interest-free period.
You can view your:
Current balance
Interest charges
Payment due date
Repayment history
directly in the Monefit Card app.