IOU CREDIT FOR PREPAID MOBILE

GET A LITTLE MORE CREDIT FOR WHEN YOU NEED IT MOST

We know it's annoying when you run out of Prepaid credit and can't recharge straight away, so that's why we offer IOU credit. We'll put some credit on your phone and the next time you recharge we’ll subtract the credit from your balance.

Getting an IOU is easy to do. Just text IOU to 468.

IOU | Text IOU | Feature Listing | Image

WHICH IOU CREDIT CAN I GET?

My Prepaid Ultimate, My Prepaid Ultra and My Prepaid Ultra Plus

When you run out credit you can get an IOU for 10 minutes of standard national calls, 10 standard national SMS/MMS and 10MB data, all for use in Australia, within two days. If you've got at least $2 Extras Credit, we'll immediately deduct that amount from your Extras Credit and give you your IOU credit straight away. If you don't have enough Extras Credit, we'll deduct 10 minutes and 10MB data from your next $10 or $20 recharge or $2 Extras Credit from your next recharge of $30 or above.

My Prepaid Daily, My Prepaid Daily Plus and My Prepaid Long Expiry

We'll give you $2 credit you can use for up to two days. When you recharge (any amount on My Prepaid Daily/My Prepaid Daily Plus or $15 or above on My Prepaid Long Expiry), $2 will be subtracted from your balance.

Other Prepaid plans
We'll give you with $3 credit you can use for standard national calls & SMS/MMS, and data, all for use in Australia within three days.

When you recharge with $30 or more, $3 will be subtracted from your MyCredit or Credit balance. There are some plans that offer a $5, $10, $15 and $20 MyCredit recharge. If you’ve recharged with one of these amounts, your $3 will be subtracted from this balance.

How prepaid works

The Details

You must have recharged with at least $10 within the last 6 months to use IOU. My Prepaid Daily: You must have less than $1 MyCredit balance. My Prepaid Daily Plus: You must have less than $2 MyCredit balance. My Prepaid Long Expiry: You must have less than 20 cents MyCredit balance and no MyTalk Add On balance. My Prepaid Ultra, My Prepaid Ultra Plus and My Prepaid Ultimate: You must have run out of credit for standard national calls, SMS/MMS and data. We'll deduct $2 Extras Credit in exchange for the IOU offer. If you don't have enough Extras Credit, we'll deduct 10 minutes and 10MB data from your next $10 or $20 recharge or $2 Extras Credit from your next recharge of $30 or above. Other Prepaid plans: If you're on the Dollar Days, $2 Days 3G Ready, $2 Days 4G Ready or Optus Day to Day plan you must have less than $2 MyCredit balance to use this service. If you’re on any other Optus Prepaid mobile plan (excluding My Prepaid plans) you must have less than $1.50 MyCredit or Credit balance to use this service. General: Only one Optus IOU can be outstanding at a time and is non-refundable. When taking over a plan from a third party it is your responsibility to ensure that no Optus IOU Credit is outstanding on the account as you will incur any outstanding Optus IOU Credit amount.