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This article is for the following products:
Virgin Money Slyce 

Instalment plans 
Slyce's instalment plans help spread the cost of your purchases over time. If your monthly balance is £30 or more, you can choose an instalment plan and pay back what you owe over 3, 6, 9 or 12 months. If you prefer, you can pay back what you owe in full. Any monthly spend under £30 needs to be paid back in full that month. 

 

All on one card
You can manage all your spending using one card, and pay back what you owe in one monthly payment to suit your budget.

 

We'll let you know when to choose a payment option
Your payment option window opens when you receive your monthly statement. We'll let you know in the app (and also by email) when it's time to set up an instalment plan and when it's time to pay that month. If you make a payment before we tell you the new amount by email this will apply incorrectly to your account. 

 

Important to know
If you don't choose an instalment plan option during the payment window, we'll assume you want  to keep paying the Minimum Payment amount. This is equivalent to a 12 month instalment plan, with a fee. 

 

We' all also change your plans to the Minimum Payment amount if you miss your monthly Requested Payment. 
 

For information about a Virgin Money or Virgin Atlantic instalment plan, see here.
 

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