What is the ‘Alternative repayment to reduce interest’ on my statement?

The ‘Alternative payment to reduce interest’ tells you how much you need to pay to avoid being charged interest.

It includes all outstanding amounts on your humm90 Account, except those which have an Interest Free Period extending beyond the next payment due date.

The ‘Alternative payment to reduce interest‘ is calculated as at the statement date and assumes you don’t enter into any subsequent transactions, such as cash advances, on which interest is payable from the date of the transaction, and that your humm90 Account otherwise remains in good standing.