Float's replyOfficial
11 Sept 2026, 11:42Hi Nozipho,
Thank you for sharing your feedback. We're truly sorry to hear about your experience. We value your input and are committed to assist you adequately.
Float is a card-linked instalment platform that lets you split any Visa or Mastercard credit card purchase into an interest-free monthly instalment plan. While we do reserve the full amount on your credit card, only the first interest-free instalment is charged, and the reserve then reduces as you pay each instalment.
To clarify, the core benefit of Float is that it allows you to make big purchases without being charged the full amount upfront, which gives you time to manage your credit card repayments instead of dipping into your cash.
We make sure to explain this process in detail in our "How it Works" pop-up, the instalment schedule at the time of purchase, follow-up emails, and on our website. The goal is to ensure that you can manage your finances easily without taking on any new credit or facing additional charges over your purchase price.
We are disappointed to hear about your experience but value your feedback. If you have any further concerns, please reach out to us on *** so we can adequately assist you.
Regards,
The Float Team
Best regards,