This KFS provides you with indicative information about interest, fees and charges of this product but please refer to our offer letter for the final terms of your instalment loan.
Interest Rates and Interest Charges
Annualised Percentage Rate (APR)
Annualised Overdue / Default Interest Rate
Fees and charges
Late Payment Fee and Charge
Prepayment / Early Settlement / Redemption Fee
2% of the remaining repayment amount(s) for your each 0% Merchant Split Purchase outstanding will be charged to Mox Credit if you fully repay each of 0% Merchant Split Purchase early. We call this the early repayment fee. The early repayment fee may also be charged to Mox Credit if your 0% Merchant Split Purchase is cancelled or suspended by Mox in accordance with Schedule 3 to the General Terms and Conditions.
Rejected Cheque / Rejected Autopay Charge
Minimum loan amount eligible for a 0% Merchant Split Purchase application
Monthly instalment for a 0% Merchant Split Purchase
Your “monthly instalment” for a 0% Merchant Split Purchase means the amount of the eligible Mox Credit transaction required to be repaid each month until the eligible Mox Credit transaction has been fully repaid.
We will charge each monthly instalment for a 0% Merchant Split Purchase to Mox Credit which will be shown on your Mox Credit statement. The following amounts will be included in the minimum amount due set out in your Mox Credit statement:
(a) 1% of the monthly instalment (in each Mox Credit statement until your 0% Merchant Split Purchase is repaid in full); and
(b) (if applicable) 100% of the early repayment fee (once only for each 0% Merchant Split Purchase you repay early), (see Note 1).
If you are unable to fully settle a monthly instalment of your 0% Merchant Split Purchase, please consider whether any other lending option is more suitable for you based on your own circumstances, or contact us for details.
Please note that we do not appoint any third parties to refer 0% Merchant Split Purchase applications to us and will not process any application that was referred by a third party under a beneficial arrangement. If you have any questions about 0% Merchant Split Purchase, please contact us.
Note 1: If you fail to pay your Mox Credit statement balance in full, or if you only pay the minimum amount due shown therein, on or before the payment due date of that Mox Credit statement, we will charge you interest as set out in the Mox Credit Key Facts Statement.
We can make changes to this 0% Merchant Split Purchase Key Facts Statement for any reason but we’ll give you notice of any changes. The English version prevails if there is any inconsistency between the English and Chinese versions.