Share this @internewscast.com

DIY hardware juggernaut Bunnings will accept buy now, paylater service Afterpay from today as Australians look to split the upfront cost of their spring projects.

Customers will only be able to use Afterpay for in-store purchases, but there is no minimum spend required to access the service.

Afterpay allows users to split the upfront cost of a purchase into four, interest-free payments over six weeks.

Afterpay will only be offered to in-store customers. (Supplied)

Users who miss payments are charged a late fee, which is capped at 25 per cent of the total purchase price or $68, whichever is lower.

Afterpay’s Australian country manager Katrina Konstas said the service will allow customers to split the cost of expensive renovation projects.

”Australia is a nation of DIYers with a passion for their homes and gardens, and nothing embodies this more than our national love for Bunnings,” Konstas said.

“We are excited that Afterpay will now be available to Bunnings’ shoppers, which will help Aussies to create inviting spaces within their homes, while balancing their budget.”

Afterpay will only be available to in-store customers across Bunnings’ more than 300-store network. (Nine)

To use the service at Bunnings stores customers must first download the Afterpay app and add an “Afterpay card” to their digital wallet.

The decision to offer a buy now, pay later service comes as many Australians feel the pressure of rising inflation, forcing many to cut back on household expenses such as renovation projects.

Where Australia ranks on 10 wealthiest countries list

The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.

Share this @internewscast.com
You May Also Like

BBC reporter ‘beaten’ and arrested by police during COVID-19 protest in China

A BBC reporter was “beaten and kicked” by police before being arrested…

Afghanistan veteran slams defence chief’s campaign to strip medals

ADF chief Angus Campbell has given officers 28 days to prove their…

Woman who died in workplace incident at Woolworths remembered by loved ones

Mmalerato Harrison’s loved ones say she was “someone you met only once…

Police execute warrant to find body of missing Perth man

A warrant has been executed by police to locate the remains of…

Belarus foreign minister dies suddenly aged 64

The foreign minister of Belarus Vladimir Makei has died suddenly at the…

RBA governor apologises to homeowners over interest rate advice

The central bank forecast throughout 2021 that inflation wouldn’t rise quickly and…

Gardeners warned after woman dies from handling potting mix

Authorities have issued a warning to gardeners after a woman in her…

Severe storms forecast for large swathe of east coast

After a brief, sunny reprieve the heavens are once again set to…

Nationals will oppose Indigenous Voice to Parliament

He said the party had concluded that the proposal, designed to give…

Police officer stabbed multiple times in Victoria while conducting welfare check

Police said the officer was attending an address in Torquay, south west…

Crowd angered by lockdowns calls for China’s Xi to step down

Protesters angered by strict anti-virus measures called for China’s powerful leader to…

Chris Brown is set tour Australia for the first time since being denied entry in 2015

Chris Brown is set to make his first trip to Australia since…