Again, CBA StepPay and Citibank SPOT only give $1k limit. This is pre-approved instalments, targeted to certain demography (sub prime) and is just an engineered marketing. You can't even buy a decent Tag watch with $1k limit or a proper Specialized bike on instalments.
With the current typical 55 days interest free for most credit cards, i.e. buy something on 1 August, statement comes out 4 September, payment due 25 September, that's pretty much 4 fortnights since the purchase date (provided you don't buy anything else since 1 Aug on that card).
Conclusion, not only SPT is right now the best value BNPL share, when it is available at a lot of merchants down-under, it will also provide best cashflow benefits ALL credit card users.
