Everything comes off your TymeBank EveryDay account automatically.
The first payment (33% of the purchase price) happens as you buy it at the check out point. Your next two payments of 33% each will be automatically deducted 30 days and then 60 days after the day of purchase. As long as there’s enough in your account to cover the payments on the due dates, you won’t pay a cent more than the original purchase price.
Here is an example of a MoreTyme purchase valued at R3 000.
Payment | Due Date | Amount | Status |
1st Payment | Due 01 Apr 2024 | R1 000 | Paid at first Purchase |
2nd Payment | Due 30 Apr 2024 | R1 000 | Upcoming |
3rd Payment | Due 31 May 2022 | R1 000 | Upcoming |