Interest Free Payments | Summary

Published on: 16/01/2026 08:50 AM

Learn more about our Interest Free Payment option and how it works for buying with us.

What are Interest Free Payments for mobile devices?

Buying with Interest Free lets you to choose the device you want from our select range of phones, iPads, and Tablets.
You will pay an upfront deposit and then consecutive monthly payments over 12 months, 24 months, or 36 months, which will show as a charge on your monthly bill.

What plans are eligible?

Our Interest Free Payment option is available on any of our current Pay Monthly plans, both personal plans and business plans,
You can start simply by choosing the phone you want from our online shop, or choose a phone with a Business plan .

What can I buy using Interest Free Payments?

All of our phones and mobile devices priced above $99 are available for Interest Free Payments.

Interest Free is only available to be used for selected devices with a SIM, which means mobile phones, iPads and Tablet devices.Learn more about Interest Free Payments with One NZ.

You should know

Contract Term Differences

The longer the payment term, the lower the payments so if you choose the 36 month term your total monthly cost will be more affordable.

However sometimes, our 24-month plans provide you a discount off the cost of the device so this may lower the monthly Interest Free amount you pay.

Interest Free Payment Balance/How it appears on a bill

You can check the Interest Free Payment charge, remaining balance, and number of payments under the Itemisation section of your monthly bill.

It will display the amount paid per week or month as well as the balance remaining and amount of instalments it will take to pay off your phone. These charges are not subject to GST.

You can also view how much you're paying each month and when your payments will cease in My One NZ online - it's listed under Your plan > Plan & Add-Ons.

Your final Interest Free charge will be removed from your account automatically once the balance is paid off.

Cancelling Interest Free Payments

If you decide to cancel your Interest Free Payment, you can do this by calling us on 777 (or 888 for a Business plan) from your mobile anytime during the 12, 24 or 36 month term of your instalments.

You will need to repay the outstanding amount due. That is, the handset outright price at the time of purchase minus your upfront payment, any plan or promotional discounts, and the Interest Free payments that you've already paid.

There are no other additional fees or charges at the time of cancellation.

Terminating a Plan

If you are looking to change your plan, you can transfer to another eligible plan and still continue with your Interest Free Payment.

Just give us a call on 777 - or on 888 for Business customers.

If you decide to disconnect or change to a Prepaid plan , the remaining balance will be charged to your next or final bill along with other applicable disconnection charges, if any.