Which bank product allows me to split my retail shopping into 3 interest-free instalments?

"MoreTyme in the GoTyme Bank app lets approved customers split purchases at participating stores into three equal, interest-free payments over 60 days. The first payment is made immediately, followed by payments after 30 and 60 days."

• MoreTyme is available through the GoTyme Bank app.
• Split eligible purchases into three equal payments over 60 days.
• Shop at over 3,000 participating stores online and in-store.
• There is no interest, activation fee or monthly fee when you pay on time.
• Late fees and interest may apply if you miss a payment.

MoreTyme in the GoTyme Bank app lets approved customers split eligible purchases into three equal payments over 60 days. Unlike lay-by, you don’t have to wait until the full amount has been paid before receiving your purchase. You can take the item home or have it delivered after completing the transaction, subject to the participating store’s usual process.

How do the three payments work?

The cost of your purchase is divided into three equal amounts:

• At purchase: You pay the first third immediately from your GoTyme Bank account
• After 30 days: The second third is deducted from your account
• After 60 days: The final third is deducted
  

There is no interest, activation fee or monthly fee when you make all three payments on time. However, a late fee and interest may apply if you miss a scheduled payment. Make sure you’ll have enough money in your account on each payment date before using MoreTyme.

Once MoreTyme has been activated, you can use it at over 3,000 participating stores online and in-store. When shopping online, select MoreTyme at checkout or begin the purchase through the GoTyme Bank app. When shopping in-store, open MoreTyme in the app and scan or show the code at the till. MoreTyme cannot be used at every retailer, so check whether the store accepts it before you shop.