Frasers Plus is a credit product where you are able to use your credit limit to purchase goods and pay in three different ways:
1. By paying in full at the end of the monthly billing period (interest free). Your purchases using the Frasers Plus product will automatically defer to this option. If you want to pay over a longer instalment plan period, you can replan your purchase in the FrasersPlus app.
2. By spreading the payment across up to 3 monthly interest-free instalments, or
3. By spreading the payment across 6-36 months. Instalment plans of 6 months or longer are interest bearing. Representative APR: 29.9% APR (variable).
Representative Example of repaying a £1000 purchase over a 12 month instalment plan: Cash price of purchase: £1000 Total amount of credit: £1000 Rate of interest: 29.9% (variable) Representative APR: 29.9% APR (variable) Number of payments: 12 monthly payments of £108.25 Cost of credit: £299 Total amount payable: £1299