Float is a novel credit card solution that lets you convert any purchase into interest-free monthly instalments for up to 24 months. There is no interest, no service fees, and absolutely no sign-up needed. All you need is a Visa or Mastercard credit card, and you can use your available limit to split your spend at a wide range of South African merchants.

There is no catch: you can split big orders into manageable, equal payments without paying one cent extra in interest. Credit limits depend on your existing credit card. Purchases are paid off over your chosen period, with all your usual bank reward points still earned.

Simple Steps to Apply

1. Select Float as your payment method at an online or in-store checkout.
2. Choose how many months you want your purchase spread over (up to 24).
3. Enter your standard credit card details and finalise payment.
4. Enjoy your purchase right away and repay over your chosen term interest free.

Key Advantages

Float stands out for offering 0% interest and zero fees on all instalments, making it a highly attractive option for budget-conscious shoppers.

It works with existing Visa and Mastercard credit cards, so there’s no paperwork or sign-up requirements. Plus, you continue earning your regular credit card rewards.

Things to Consider

Float only works if you have an available credit limit on your existing credit card. If your limit is maxed out, you can’t Float new purchases.

Not all South African merchants accept Float, though the network is growing and includes many top brands.

Verdict

If you want more flexible spending without the burden of extra fees or interest, Float is a great choice. It’s especially recommended for those confident in managing repayments and who already hold a compliant credit card.