What Is Float and How Does It Benefit you?

Hi there,

Thanks for reaching out to us and your interest in using Float.

Float is a buy now pay later platform that lets you split purchases over up to 24 interest-free, fee-free monthly instalments using the available limit on your existing Visa or Mastercard credit card, without any application or credit check.

Think of it like an interest-free ‘budget facility’ – you get to enjoy your purchases today, pay for them over time and you don’t take out any extra credit to do so, either.

At the time of purchase, the full purchase amount will be reserved on your credit card, but only the first interest-free instalment will be charged. The remaining instalments are charged on the same day each month. As you pay each monthly instalment, the amount reserved will reduce to the remaining balance of the purchase until your purchase is fully paid.

Float splits your purchase into easy-to-manage, bite-size monthly instalments (as opposed to charging you the full amount up-front like a regular credit card transaction). In short – we buy you all the time in the world to settle your credit card balance. This is especially useful for those BIG value purchases.

We hope that answers your query, however please let us know if you have any more, we're always here to help.

Regards,