If you miss a repayment, you’ll get a 24-hour grace period before a $10 late fee is applied. During the grace period before the $10 late fee is applied, you have the option to either pay the full bundll amount or Snooze the bundll for $2.50 and also pay the minimum bundll repayment of $20.
If after the 24-hour grace period, you have not paid the full bundll amount or Snoozed the bundll, you will be charged the $10 late fee. We will also attempt to direct debit the minimum bundll repayment of $20 from your funding source. If the direct debit is successful, the bundll amount will be reduced by $20 and the original payment date for the selected bundll will be extended by 14 days. Your account will then go back into good standing and you get an additional period to pay off the remaining bundll amount.
If the direct debit of the minimum bundll repayment is unsuccessful, your bundll account will be suspended, until you make a minimum bundll repayment as appropriate.
Yes. If after the grace period there are still any outstanding bundll and/or superbundll repayments, a $10 late fee will be applied to your funding source and your bundll account will be suspended, meaning you won’t be able to spend any further.
There is no cost to create a bundll. You can use bundll every day instead of your debit or credit cards. This give you an extra 14 days to repay, interest free. Refer to other fees that may apply below.
With bundll you have the option to collect free Snoozes by referring friends to bundll. These Snoozes accumulate in your Snooze pot. If you don’t have any free Snoozes available, you will be charged a $2.50 fee to Snooze.