Retro is an exclusive Money by Afterpay feature, which allows you to create Afterpay orders from eligible transactions you’ve made from your Money debit card within the past 72 hours. You can use up to $200 of your Afterpay Buy Now, Pay Later (BNPL) spend limit for Retro. You then pay your Retro’d transactions off in 4 instalments.
For example, if you purchased a dress for $200 and want to “Retro It,” you can request a claim and if approved, Afterpay will deposit $200 into your Daily Account, and you will need to pay off the Retro’d transaction in 4 payments of $50 each.
Oh, and you can also use it on things like groceries and bills (very handy). There are some extra Ts and Cs, which we’ll leave right here for you: T&Cs
As part of the ramp down of Money by Afterpay, Retro as a service will only be available within the app until the 25 September 2022