You can choose between different payment options based on the frequency of when the autopayment will be taken.
Frequency | Payment Options |
Weekly | Full balance |
Monthly | Full balance, Fixed amount, Minimum payment |
How and when are the autopayments taken?
Weekly
If you're on Instant Autopay and you're repaying weekly, you can select the day of the week that your payment comes out. Just tap 'Weekly' twice and choose a day
Monthly
On the 4th of every month at midnight, the preferred payment option (full balance, fixed amount or minimum payment) is submitted to the bank and the autopayment will start processing
4 working days later, also known as the charge date, the preferred payment option balance will leave the member’s current account (on or around the 8th)
It takes an additional 1-2 working days to reach Yonder and for your balance to update
Setting up autopay
To set up autopay:
Tap the profile icon on the top right of your home screen
Scroll to Manage autopay