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With an instalment plan, you can pick a timeframe that suits you to pay off purchases over £250 within the last 30 days, from between 3 and 36 months.
Instalment plans work alongside your existing credit card balance and don't affect any promotional rate(s) you may have.
You can select up to 10 eligible transactions to be moved onto a plan. Each transaction must have a minimum value of £250.
You will pay no interest on your transaction whilst it's in an instalment plan. All instalment plans have a fee, which is based on the amount of the transaction and the duration of the instalment plan you decide on.
The fee is calculated when the instalment is set up and it is included in your monthly instalment plan payment. Instalment plans allow you to tailor your monthly payments to suit your budget and give you clarity of what your monthly payment will be for the duration of the plan.
Before setting up an instalment plan, please ensure you have at least 5% of your credit limit available. This will be needed to cover the monthly instalment fee.