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If you only have an instalment plan set up and no other credit card balance and you make additional payments this will clear your instalment plan earlier than your selected term and therefore the term will end as soon as the balance is £0.
If you have additional transactions on your credit card that are not in an instalment plan this could mean any overpayments you make are not allocated to your instalment plan. As your instalment plan has a 0% interest rate, any additional payments will go towards other balances you may have first. This means that if you want to pay off your instalment plan early, you will need to repay the rest of your standard credit card balance first. Once that has happened, any additional payments will go towards whichever 0% balance finishes first.
If you make an overpayment to your instalment plan your statement will still show that you have the original term length left. However, the outstanding balance on your plan will reflect any overpayment and your plan will finish earlier if you have significantly reduced your overall balance. If your plan finishes early, we’ll no longer charge you a monthly fee.
For information on Virgin Money Slyce overpayments, see here.