Repayments for Mimo Flex are made by Direct Debit and are scheduled on the due date, or the next business day if the date falls on a weekend or bank holiday. Depending on your chosen term (30, 60, or 90 days from the original payment), the repayment amount will be automatically deducted from your current account by Direct Debit. The Mimo Flex balance updates one business day after the repayment.
Track repayments
You can track upcoming and past repayments at any time by going to Mimo Flex > Statements in the platform. From there, you can also download statements and keep an overview of your repayment history.
Early repayment?
Mimo Flex allows for early repayments. Early repayments free up your limit for reuse, though standard fees still apply. After repayment, your balance is updated by the next business day. To arrange an early repayment, simply contact us at [email protected], and we’ll assist you further.