There’s a bunch of different providers offering Interest Free deals that all slightly differ. It’s important to consider which is best for your current situation.
In store or online, you might take advantage of AfterPay, zipPay or something similar. These are low hassle and low fee options, particularly good for spontaneous purchases (like those shoes we mentioned). But you are restricted by various factors like the purchase amount, repayment period and the retailer.
Some retailers offer interest free periods for a number of months too. You can make your purchase in store, take it home and pay it off over that period without interest. This is handy for more expensive purchases such as that broken fridge! Again, you are restricted to that retailer which means you might not be getting the best deal in town.
There are also some credit cards, or credit card offers that might allow you to pay no purchase interest for a period of time. This generally happens in two ways. Firstly, some credit cards offer standard interest free days on purchases. That means that from the beginning of your statement period you have up to 55 days to pay back purchases you make on your card before they start to accrue interest. Interest free days only apply where you pay the full statement balance on your credit card by the due date each month.
Alternatively, you might find an offer for a longer introductory 0% p.a. interest period. These periods could be up to 12 months or longer. An offer such as this allows you the freedom to make purchases at any retailer up to your credit limit. This could be what you need for that trip to Africa or setting up your new home.