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Save now, buy later


Flip how you buy.

Over recent years there’s been a rise of Buy Now Pay Later (BNPL) services where you can make purchases and pay them off in instalments.

When BNPL services first hit the market, they were touted as a an easily accessible alternative to other credit options, that you could use to start shopping and spending straight away.

These services might appear helpful at first when the cost is split across smaller payments, but it’s easy to spend more than you can really afford.

Users of BNPL services have admitted to spending more, often on non-essential items, than they normally would.

One in five were struggling to make repayments, with unexpected fees and charges adding to the debt. Nearly 40% regret making purchases via the service.*

What’s an alternative to using BNPL?

Flip how you buy! Go back to basics and save now, buy later (SNBL).

A growing popularity in budgeting apps, investment apps, and other tools that help manage your finances and save for the future makes SNBL easier to do than ever before.

Rising interest rates have also made saving easier, with high interest saving accounts an attractive way to save for your next purchase.


Check out our savings accounts to complement your everyday banking and work towards your savings goals.


Be rewarded for growing your balance but enjoy the flexibility of accessing your funds when you need to.


With the rising cost of living, now is a good time to be smarter in our spending behaviour and flip how we buy.


*2021 report by the Australian Securities and Investments Commission (ASIC)

This article is intended to provide general information of an educational nature only. Information in this article is current as at the date of publication.

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