Interest Free Finance

Our interest free options let you have it all now and pay it back over time. Explore our interest free options below, and find the right one for you.​​​​​​​

50 Months Interest Free on Purchases Over $750

TERMS & CONDITIONS:

    1. New customers must apply and be approved for a Gem Visa credit card.

    2. T&Cs, fees & charges apply. Exclusions apply.

    3. Available on participating Gem by Latitude credit cards only

    4. Available to approved customers where the amount financed in a single transaction is $750 and above on new orders from 5/03/24 to 20/05/24.

    5. For the equal monthly payment plan with Gem Visa or Gem CreditLine as an Instalment Plan Advance/CreditLine Select Advance, depending on the amount financed the plan is payable by 50 approximately equal monthly instalments. Amount payable will be shown on your monthly statement. At the end of the interest free period, interest will be charged on any outstanding balance.

    6. Credit and lending criteria and fees, including a Gem Visa $55 establishment fee and annual fees ($55 Gem Visa (charged $27.50 half yearly) / $55 Gem CreditLine (charged $27.50 half yearly)).

    7. Prevailing interest rate (currently Gem Visa 29.49% p.a./Gem CreditLine 29.95% p.a.) applies to any remaining balance on the expiry of the interest free term.

    8. New orders only.

    9. Available in-store and online.

    10. Not available in conjunction with Gift Card purchases.

    11. Credit is provided by Latitude Financial Service Limited.

    12. Freedom’s standard terms and conditions of purchase otherwise apply.

Everyday Interest Free Terms & Conditions

As At February 2024

FULL INTEREST FREE TERMS & CONDITIONS:

    1. New customers must apply and be approved for a Gem Visa credit card.

    2. Available on participating Gem by Latitude credit cards only.

    3. Available to approved customers where the amount financed in a single
    transaction is:

        a. 6 Months Interest Free offer - $250 and above;
        b. 12 Months Interest Free offer - $300 and above;
        c. 24 Months Interest Free offer - $600 and above;
        d. 36 Months Interest Free offer - $1000 and above;
        e. 50 Months Interest Free - $1,500 and above.

    4. For the minimum monthly payment plans, monthly payments must be made during the interest free period. Paying only the minimum monthly repayment of 3% of the outstanding monthly balance or $20 (whichever is more), will not be sufficient to repay the purchase amount(s) within the promotional period. Amount payable will be shown on your monthly statement.

    5. For the equal monthly payment plans with Gem Visa or Gem CreditLine as an Instalment Plan Advance/CreditLine Select Advance, depending on the amount financed the plan is payable by either 12, 24, 36 or 50 approximately equal monthly instalments. Amount payable will be shown on your monthly statement. At the end of the interest free period, interest will be charged on any outstanding balance.

    6. For each 12 or 24 month equal monthly payment plans with Gem Visa or Gem CreditLine as an Instalment Plan Advance/CreditLine Select Advance, Amount payable will be shown on your monthly statement. Minimum and maximum purchase amounts may apply. As the Instalment Interest Free plan is for a period of less than 36 months, the minimum monthly payment under this plan is greater than the usual interest free repayment for the same term. Please refer to your Gem Visa or Gem CreditLine Conditions of Use in regard to the payment allocation for this plan. If you don’t make your minimum monthly payment as provided in your statement, for two consecutive months, you agree that all Instalment Interest Free plans with a period of less than 36 months will change to an Interest Free plan for the remainder of the original plan’s term.

    7. Credit and lending criteria and fees, including a Gem Visa $55 establishment fee and annual fees ($55 Gem Visa (charged $27.50 half yearly) / $55 Gem CreditLine (charged $27.50 half yearly)).

    8. Prevailing interest rate (currently Gem Visa 29.49% p.a./Gem CreditLine 29.95% p.a.) applies to any remaining balance on the expiry of the interest free term.

    9. For cash advances, an interest rate of 29.95% p.a. and fees of ($2 Gem Visa/$6 Gem CreditLine) applies. Further information on rates and fees can be found at gemfinance.co.nz.

    10. New orders only.

    11. Available in-store and online.

    12. Orders financed by an interest free offer cannot be paid using any other tender – eg. Freedom credits or gift cards cannot be accepted as part payment on interest free purchases.

    13. Not available in conjunction with Gift Card purchases.

    14. Credit is provided by Latitude Financial Services Limited.

    15. Freedom’s standard terms and conditions of purchase otherwise apply.