All Categories ​>​ ​Qantas Premier Credit Card ​ > ​ ​Instalment Plans ​>​ What happens if I miss paying the initial interest charge or monthly instalment repayment by the Payment Due Date?

What happens if I miss paying the initial interest charge or monthly instalment repayment by the Payment Due Date?

If you fail to pay the initial interest charge or monthly instalment by the Payment Due Date:

 i. that initial interest charge or monthly instalment will be charged interest at the Retail Purchase Rate from the day after the Payment Due Date.

 ii. we may cancel any instalment plans, in which case, any outstanding balance of the plan will revert to the Retail Purchase Rate for Statement Instalment Plans, and to the Cash Advance Rate for Cash Instalment plans.

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