Sezzle Fees
We charge fees for the following reasons:
- When creating a single-use virtual card1 to Pay Later2 with Premium or Anywhere virtual card merchants without subscription (subject to eligibility, learn more about service fees)
- When more than one reschedule has been applied to an order (learn more about rescheduling fees)
- When a payment attempt fails due to reasons such as insufficient funds, incorrect account details, or an expired payment method (learn more about failed payment fees)
- When a payment is made after its due date or where applicable, any state-required grace period has expired (learn more about late payment fees)
- When we charge your card on file to prevent a late payment, we charge a Late Saver Fee. If the card payment also fails, Failed Payment Fees and Late Payment Fees may apply. Learn more about our Late Saver Fee here.
- When loading a Sezzle Balance account by adding funds from a linked debit card, bank account or cash, or when a Sezzle Balance is inactive (learn more about Sezzle Balance load fees and inactivity fees here)
Sezzle fees are always charged at once with the payment they’ve been added to. Service fees are applied with the down payment once the virtual card order is placed. All other fees are charged with the corresponding payment installment once they are paid. You will not see multiple charges from us, but it is possible to have multiple fees on one order. For example, if you had a late payment fee and a rescheduling fee on the same payment, it would show as a single charge on your payment method like this:
$Original-Payment-Amount + $Late-Payment-Fee + $Reschedule-Fee = $Total-Charge.
Bank Fees
However, any fees imposed by your bank will be charged separately. If you see a separate fee on your bank statement labeled “Sezzle,” it is most likely a fee your bank has charged. For instance, if you incurred an overdraft or “NSF fee” (insufficient funds fee) because of a Sezzle payment, the charge may be labeled “Sezzle” because it was the Sezzle charge that caused your account to overdraft. These fees are commonly around $30 but sometimes can be larger than $50. If you see one of these fees on your account, please contact your bank directly—they will be the best source of information on why the fee was charged.
Sezzle Virtual Cards are issued by both WebBank, and Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A Inc. The issuer of the card will be displayed at the time of issuance. See User Agreement for details. Sezzle provides access to financing in the form of installment loans.
Sezzle is not a bank.
Pay later loans are originated by WebBank or Sezzle. Refer to your loan agreement for lender information. For example, for a $300 loan, you would make one $75 down payment today, then three $75 payments every two weeks for a 35.40% annual percentage rate (APR) and a total of payments of $305.99 which includes a $5.99 Service Fee (finance charge) charged at loan origination. Service fees vary and can range from $0 to $5.99 depending on the purchase price and Sezzle product. Actual fees are reflected in checkout.