All FavePay Later payments/ existing installments will be charged on the payment card that you set as primary for FavePay Later. To use a different card, add/change the primary card by going to your Me tab > FavePay Later page > Card icon on top right > Change card.
You can check on your upcoming scheduled installments on your Fave app’s Me tab (bottom right), and in the FavePay later page. Each payment item is also clickable to view more information on each instalment and when they are due.
There is a 1.5% penalty fee incurred (calculated based on the total late payable amount) for instalment payments that are more than 7 days late. Hence, to avoid any penalty, do ensure that your FavePay Later payment card is correctly updated and that it has sufficient funds for any upcoming instalments!
Partner cashback will be granted for eligible FavePay Later transactions upon successful payment of the first installment. The amount of partner cashback granted is calculated according to the partner cashback rate for the particular partner, and based on the total final payable amount charged to your selected card of payment.
On FavePay Later transactions, partner cashback can only be used to offset the initial payment (the first instalment). Subsequent instalments will be fully charged to your Primary card of payment on FavePay Later.
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