Openpay interest-free payments

Find out how Openpay's interest-free payment plans work to see if they will work for you.

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Elizabeth Barry

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How to apply for a Openpay personal loan

Applying online is a straightforward process. You'll need to meet general eligibility requirements including:

  • Being at least 18 years of age
  • Being an Australian citizen or a permanent resident of Australia
  • Being in paid employment
You'll need to provide current address details and evidence of employment. Having a good credit history improves your chance of approval.
Elizabeth Barry's headshot
Journalist

Elizabeth Barry is an experienced journalist with over 10 years of expertise in personal finance, contributing to outlets like the ABC, Sydney Morning Herald, and 7News. She holds a Master of Arts in Creative Writing and a Bachelor of Arts in Communication from the University of Technology Sydney, and has earned multiple award nominations, including a Highly Commended recognition at the 2017 Lizzies. Elizabeth began her career at Finder in 2013, progressing through roles to become Lead Editor, where she oversaw a wide range of personal finance coverage until 2024. See full bio

Elizabeth's expertise
Elizabeth has written 202 Finder guides across topics including:
  • Banking
  • Personal finance
  • Investing
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62 Responses

    Default Gravatar
    LukeJune 19, 2017

    What is the security deposit amount when completing application?

      Default GravatarFinder
      JhezelynJune 20, 2017Finder

      Hi Luke,

      Thanks for your comment.

      The security deposit amount varies on per-application basis. This deposit must be paid using a MasterCard or Visa debit or credit card in your name. If the amount you wish to defer exceeds the limit set by Openpay then you will be required to pay a larger deposit at the time of purchase to ensure that you remain under the Openpay Credit Limit. Credit Limits and Deposit details can be found directly at Openpay’s website.

      Hope this helps.

      Best Regards,
      Jhezelyn

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