Michael Hill Flexible Finance Solutions
At Michael Hill we offer flexible payment options so you can take home the piece you want with the peace of mind you deserve. Options include no-deposit and no-interest depending on the option you select.
Short Term Finance, up to $3,000
AfterPay
Availability: Instore & Online
Credit Limit: Up to $3,000
Interest Rate: 0%
Payment Terms: 4 equal fortnightly payments
Fees: Initial $10 late fee, a further $7 if the payment remains unpaid 7 days after the due date.
Zip Pay
Availability: Instore & Online
Credit Limit: Up to $1,500
Interest Rate: 0%
Payment Terms: 4 x 25% instalment repayments each fortnight over 6 weeks
Fees: An $8 late fee applies and a further $8 for every week it is outstanding, capped at $40.
Long Term Finance
Gilrose Finance
Availability: Instore
Credit Limit: $500 - $200,000, pending provider approval
Interest Rate: Interest free for 1st 12 months, then 28.50% (Total Finance Rate approx 9%)
Payment Terms: Ask in-store for details
Fees: $98 booking fee, $5.95 monthly account fee, plus credit check, verification and security fees apply. Additional fees, T&Cs apply.
Finance Now
Availability: Instore
Credit Limit: Pending provider approval
Interest Rate: Interest free for 12 months over a total term of 36 months on purchases over $195. Interest of 19.95% p.a. accrued on outstanding balance from start of interest-bearing term.
Payment Terms: 12 months interest free with 36 months to pay with weekly or monthly payment options available.
Fees: $55 booking fee and $2.95 monthly service fee applies. Optional Payment Protection Insurance (PPI) is available.
Q Mastercard
Availability: Instore
Credit Limit: Pending provider approval
Interest Rate: Q Mastercard Expired Promotional Rate or Q Card Standard Interest Rate (both 28.50% p.a.) applies at the end of LTF Interest Free Period.
Payment Terms: *Interest Free terms and No Payments and No Interest terms are available on Long Term Finance (LTF) purchases for a limited time only. Minimum purchase and/or minimum payment amounts may be required and exclusions may apply. See instore for details.
Fees: *Lending criteria, $50 annual Account Fee, fees, T&Cs apply. $55 Establishment Free applies to your first LTF transaction, $35 Advance Fee applies to subsequent LTF transactions.
Q Card
Availability: Instore
Credit Limit: Pending provider approval
Interest Rate: Q Mastercard Expired Promotional Rate or Q Card Standard Interest Rate (both 28.50% p.a.) applies at the end of LTF Interest Free Period.
Payment Terms: *Interest Free terms and No Payments and No Interest terms are available on Long Term Finance (LTF) purchases for a limited time only. Minimum purchase and/or minimum payment amounts may be required and exclusions may apply. See instore for details.
Fees: *Lending criteria, $50 annual Account Fee, fees, T&Cs apply. $55 Establishment Free applies to your first LTF transaction, $35 Advance Fee applies to subsequent LTF transactions.
Gem Creditline
Availability: Instore & Online
Credit Limit: Pending provider approval
Interest Rate: Credit and lending criteria and fees apply. Prevailing interest rate (currently 29.95%) applies after any interest free term ends.
Payment Terms: Ask in-store for details.
Fees: $65 annual fee (charged $32.50 half yearly) 29.95% pa applies after any interest free term ends. (For cash advances, an interest rate of 29.95% p.a. and fees of $2 Gem Visa/$6 Gem CreditLine applies. Further information on rates and fees can be found at gemfinance.co.nz.)
Gem Visa
Availability: Instore & Online
Credit Limit: Pending provider approval
Interest Rate: Credit and lending criteria and fees apply. Prevailing interest rate (currently 29.49%) applies after any interest free term ends.
Payment Terms: Ask in-store for details.
Fees: $65 annual fee (charged $32.50 half yearly) 29.49% pa applies after any interest free term ends. (For cash advances, an interest rate of 29.95% p.a. and fees of $2 Gem Visa/$6 Gem CreditLine applies. Further information on rates and fees can be found at gemfinance.co.nz.)
Terms & Conditions
General Terms & Conditions†
