Interest-free finance

Interest-free finance from Soundline

Whether you’re buying a new pair of speakers for your Hi-Fi system or installing a whole-home audio/video and automation system, you can make your purchase on our 12 month interest-free or 10 month payment holiday terms. These easy finance options give you that much needed ‘breathing space’ or even the option to upgrade to something you may have your heart set on. Lending criteria, fees, terms and conditions will apply. See below for details. Interest-free finance options are available from Soundline Wellington and Christchurch stores and is available in-store only. 

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How do I apply?

You can apply online for GEM Visa and it only takes a few minutes. Click here to apply now. If you prefer, just drop into any Soundline store and we’ll get you sorted. Remember to bring your drivers license or passport with you.

 

How does it work when I purchase?

Using GEM Visa is easy, just select it as a payment option at checkout and you’re done.

 

How does interest free work?

As long as you pay the minimum amount by the due date each month, you will pay no interest. You must pay the total outstanding balance in full before the end of the interest free period to avoid paying any interest. The prevailing interest rate will apply at the end of the interest free period if there is outstanding balance.

 

How does deferred payment work?

Choosing the deferred payment option allows you to pay nothing for the stated period. No interest will accrue and no monthly payments need to be made.

If you pay the balance in full before the end of the deferment period, you won’t pay any interest. If there is a balance remaining, interest will be charged at the prevailing rate and included in your minimum monthly payment amount.

 

Can I split a purchase between cash/EFTPOS and finance?

Yes you can do this. Just check for any minimum purchase requirements that may apply.

Soundline finance

 

 

Payment for your purchase will be deferred for the stated period. During the deferred payment period, no interest will accrue and no monthly payments need to be made. If you pay the outstanding balance in full before the end of the deferred payment period, you will avoid paying any interest. If you do not pay the outstanding balance in full before the end of the deferred payment period, the amount payable will include interest and will be included in the minimum monthly payment amount shown on your monthly statement. Prevailing interest rate applies to any outstanding balance on the expiry of the deferred payment period (currently 25.99% p.a. for Gem Visa and 29.95% p.a. for Gem CreditLine).