Afterpay Day Is About to Definitively Prove That Yes, Patience IS a Virtue

Afterpay Day

Products featured are independently and objectively selected by our editors. From time to time, things you buy through our links may earn us an affiliate commission.

Need a new vacuum, pair of designer sunnies or some work slacks? You might want to wait until the Afterpay Day sale so you can score a bargain. The bi-annual shopping event offers up to 70% off big-name retailers like The Iconic, Dyson and Adore Beauty, and runs for four days, both in-stores and online.

This year, the second of the two Afterpay Day sales (the first was in March) kicks off Thursday, August 18 at 8am and runs until Sunday, August 21 at 11:59pm.

Here’s everything else we know about it so far.

What Is Afterpay Day?

If you didn’t know, Afterpay is a service that lets you buy an item or experience online from over 63,000 businesses, and then pay for it in instalments. Basically, it’s like using a credit card, but without having to fill out all the paperwork and pay crazy-high interest rates.

Related: 4 Simple Tweaks You Can Do Now to Make Your Home Look Expensive

Related: This $26 Viral Kmart Item Could Save You Thousands on Renovating

Your line of credit with Afterpay runs up to $1,500. After you pay the initial instalment, payments are automatically deducted from your bank account. If you miss an instalment, you’ll be charged a $10 fee, and if you don’t pay within the next seven days, a $7 fee.

When Is Afterpay Day 2022?

As mentioned, this year, Afterpay Day runs from Thursday, August 18 to Sunday, August 21. It’s worth noting that though those are the dates of the official event with its registered, participating businesses, there are also many unaffiliated businesses running sales around this time also.

What Will Be on Sale During Afterpay Day?

While we don’t have the confirmed deals yet, we can look to March’s Afterpay Day to give us an idea of what to expect. Earlier this year, the sale included 25% off thousands of items at The Iconic, up to 55% off mattresses and bedding products from Emma Sleep, $250 off the Dyson V8 Absolute cordless vacuum cleaner, and $150 off the Dyson V7 Motorhead Origin cordless vacuum cleaner over at Dyson.

Read more stories from The Latch and subscribe to our email newsletter.