Interest Free Payment terms

These terms apply if you purchase a device from us on Interest Free Payments. They apply in addition to the terms of your Spark Mobile or Broadband account.

  1. The device must remain on an active Pay Monthly Mobile or Broadband plan until it is paid off in full
  2. You will need to pay off the device with equal payments each month over 12, 18, 24 or 36 months. You will need to choose your Interest Free Term when you buy the device. You can’t change your Interest Free Term while you’re paying off the device.
  3. During your Interest Free Term, you can choose to pay off your device at any time. If you want to do this, you will need to pay off the whole balance in one payment, as we cannot take smaller down payments.
  4. To be eligible, you also need to be at least 18 years old and pass a credit assessment
  5. Interest Free Payments are only available on selected devices and accessories costing over $199 (including GST), after any subsidy, promotion or upfront payment is applied
  6. Depending on the value of the device and the result of your credit assessment, we may require you to pay an amount upfront when purchasing the device. If we need an up-front payment, we will let you know at the time you buy the device
  7. Your Interest Free Payments will appear on your monthly invoice for your Spark Mobile or Broadband plan
  8. You can only pay off one Interest Free Device per connection at a time
  9. Interest Free Payments remain your responsibility. You cannot transfer this responsibility to someone else. For example, if you sell the device to someone else, you will still need to pay the device off in full and you cannot transfer this responsibility to the person who bought it from you.
  10. If, before your device is fully paid off:
    a) You leave your plan with Spark and don’t move to another eligible plan with Spark, or
    b) The services under your plan are withheld, suspended or restricted,
    Then the full remaining balance of your device will become due and payable immediately. If you don’t then pay off your balance promptly, we may refer your remaining balance to a debt collection agency and you’ll also be liable for any collection costs.
  11. If you received a promotional saving, credit or subsidy on the cost of your device, you may also lose this benefit for the remaining months of your Interest Free Payments Term:
    a) In the situations described at 10(a) and 10(b) above, or
    b) If you choose to pay off your device in full before the end of your IFP Term and buy a new device on IFP that is eligible for a credit, subsidy or promotion
    For example, if you received a $200 subsidy on your device, your Interest Free Payments Term is 24 months, and you stop being on an eligible plan after 12 months, then you may not receive the outstanding $100 of the subsidy.
  12. You need to pay your account in full by the due date. If you don’t, then we may apply a late payment fee, as described on our website. We may also withhold, restrict, or suspend your services, in accordance with the terms of your Mobile or Broadband plan.
  13. The GST on your first bill will appear high as it includes GST for the full cost of the device. A credit covering the GST will also show on your bill. All monthly instalments after your first bill won't include GST. It can take up to two bills to show the cost of your device, GST credit and the first interest free payment. For example, the charge for your device may be in your first bill. The credit and first instalment may appear in your next bill.​​ You can see an example here.
  14. Due to rounding, instalment amounts may differ slightly from month-to-month, but the total amount you will need pay over the interest free term will not exceed the cost of the device