Just got this offer from commonwealth bank,
Your discounted 3.99% p.a. rate on SurePay purchase plans*Simply convert a purchase of $100 or more - such as appliances, electronics or home decor - made on your Diamond Awards card to a SurePay purchase plan. You have 14 days from the purchase date to convert and set up a SurePay plan, one purchase per plan up to 10 active plans.Interest rate3.99% p.a.Term3, 6 or 12 months depending on your purchase amount.Pay off or cancel your plan early, with no early, cancellation or missed repayment fees. Remember, you'll still need to make your minimum required payments for your credit card each month.Offer end date31 March 2021(the last day you can convert a purchase at this rate)
Sounds like they are trying to compete with BNPL options , why would you pay nearly 4% when soon we can use splitit for free?
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