Electric Bike Finance
Thinking about getting an electric bike but worried about the cost?
No problem! We’ve partnered with Humm Finance to make it super easy and affordable for you. With Humm, you can spread the cost of your new e-bike over time, with quick and simple financing options. The application process is fast, and you’ll get a decision in no time. So, you can start riding your dream e-bike without any hassle. Visit us to learn more and get started on your e-bike adventure today!
Humm Finance offers three payment plans:
- No Interest Ever (Available on purchases of €80 - €499) this plan equals to 5 equal payments. 1st payment upfront & 4 fortnightly repayments. Once all repayments are made on time the customer will not incur any fees or interest.
- Low Interest (Available on purchases of €500 - €999) this plan spreads the cost over 6-12 months €10 application fee, €1 monthly account keeping fee & 3.99% interest rate
- Interest Bearing (Available on purchase €1,000 - €15,000) This plan spreads the cost over 24-36 months €35 application fee, €3.50 monthly account keeping fee & 6.99% interest rate
How Humm works:
Term12 months
Amount rate of interest (variable)4.99%
Application fee€15.00
Account keeping fee2.00 per month
APR14.90%
Total cost of credit€60.77
Total amount payable€860.77
The following example shows the total cost of credit for a loan of €800 over 12 months and is calculated on the assumption that all payments are made on the due date.
You may also have to pay a late fees, if any payment you are required to make under the terms of your agreement is more than 24 hours late.
You can also use the quote function to view the credit terms available .
Know what you need to apply:
- Be 18+
- PPS Number & Address Proof
- Be an Irish citizen or a permanent resident of Ireland
- Earn a minimum taxable Income of €1500+ per month – joint / spouse account not acceptable
- Have current debit / credit card
- Have a good credit history
For full terms and conditions please see shophumm.ie