Archived Terms - Interest Free Payment for Business
Terms, Conditions and Availability (28 March 2019 - 26 November 2020)
Please refer to the latest interest free terms here.
- Interest Free Payments for Business is an optional service that is available with the following eligible Pricing Plans, provided that the term of the Pricing Plan does not exceed 24 months:
- Business Basics
- Red+ Business Lite
- Red+ Business Essentials
- Red+ Business
- Red+ Business Super
- Red+ Business Unlimited
- Red+ Business tablet plans
- Business Black (excluding Business Black Data plans)
- Red Share for Business Smartphone plans (excluding “transfer in only” plans)
- Red Share for Business Tablet plans (excluding “transfer in only” plans)
- Interest Free Payments for Business is only available if you are adding or re-signing a Connection on an eligible Pricing Plan currently offered by Vodafone.
- Only one Interest Free Payments for Business is allowed per eligible Connection.
- You must be at least 18 years of age to take advantage of Interest Free Payments for Business.
- If you have selected Interest Free Payments for Business, you will need to select a 12, 24 or 36 month repayment term.
- The repayment term cannot be changed once Interest Free Payments for Business has been provisioned.
- Interest Free repayment terms
- The Interest Free Payments for Business total repayment amount will always be calculated based on the Price of the eligible device selected. If you have been offered a Connection level rebate with the relevant Connection and you elect to use that Connection level rebate, that rebate will be deducted from the Price.
- The Connection level rebate is only available on 12 or 24 month repayment terms with a corresponding 12 or 24 month Pricing Plan.
- The Connection level rebate is not available on a 36 month repayment term.
- If you have been offered an Interest Free discount on the eligible device selected, that Interest Free discount will be deducted from the price.
- The total repayment amount will be split across the 12, 24 or 36 month repayment term you have selected and the relevant monthly amount will appear as a charge on your monthly invoice for the eligible Pricing Plan.
- 12 month repayment terms are available on eligible open term and 12 month term Pricing Plans.
- 24 month repayment terms are available on eligible open term and 24 month term Pricing Plans.
- 36 month repayment terms are available on eligible open term Pricing Plans only.
- The initial repayment amount may differ from the other monthly repayment amounts.
- The minimum total repayment amount is $99. The maximum total repayment amount is $4,800 if you select a 12 month repayment term, $9,600 if you select a 24 month repayment term, and is $14,400 if you select a 36 month repayment term.
- Vodafone will notify you of the monthly repayment amount upon order confirmation.
- The Interest Free Payments for Business total repayment amount will always be calculated based on the Price of the eligible device selected. If you have been offered a Connection level rebate with the relevant Connection and you elect to use that Connection level rebate, that rebate will be deducted from the Price.
- Interest Free Payments for Business is only available on selected devices. Vodafone reserves the right to amend the list of selected devices from time to time and will advise customers of device eligibility and availability.
- Not available with New Phone Every Year plan (even if New Phone Every Year is included in your eligible Pricing Plan).
- Account suspensions are not allowed.
- Only available through selected Vodafone sales channels. Eligibility criteria and credit criteria apply.
- Excludes accessories.
- Interest Free Payments for Business is not transferable between your Connections or between the Connections or accounts of different customers.
- You remain liable for making all repayments associated with the Interest Free Payments for Business service if you lose your device (even if you have Phone Insure), or if your account is barred for any reason.
- You agree that you will pay the outstanding amount for Interest Free Payments for Business in full prior to terminating, transferring or re-signing your eligible Connection. You also agree that you will pay the outstanding amount for Interest Free Payments for Business in full if Vodafone terminates the eligible Connection due to your material breach or insolvency, or any other circumstances permitted under the Business Terms. In all cases the outstanding amount is determined by calculating: (the total repayment amount determined in accordance with section 7a above) – (any Interest Free Payments for Business amount already paid to Vodafone). Early termination, change and transfer fees also apply to your Pricing Plan.
- The Interest Free Payments for Business repayment amounts do not include any capitalised interest. The total of these repayments reflects the “lowest price” payable for the device selected for tax purposes.
- Vodafone reserves the right to review all Interest Free Payments for Business amounts that have been added to customer accounts. If an incorrect Interest Free Payments for Business charge has been applied, we will contact you before applying the correct Interest Free Payment for Business amount.
- Vodafone reserves the right to withdraw this offer at any time without notice.
- Interest Free Payments for Business is an optional Service added to your eligible Pricing Plan, so any Vodafone terms and conditions that apply to your eligible Pricing Plan will continue to apply and will also apply to this Service.