Yes, allocating payments to BNPL will not cover the minimum payment on your account. The costs for delivery, installation services and monthly insurance products cannot be placed onĭo I still have to pay my minimum payment? This will be included within yourĪccount minimum payment request every month and cannot be repaid using Take 3. Any outstanding balance plus the interest will now become payable.Īs the outstanding balance, plus the interest now form part of your payable balance they will attract interestĪt your account rate, meaning you will pay interest on interest. If you have not paid the cash price in full or have only made a partial payment, a lump sum of interest will beĬharged to your account. If you have paid the cash price in full before the end of the delayed payment period, you will not pay any What happens after the delayed payment period? You can allocate your payment to the specificīNPL you wish to pay off. To make a full or partial payment simply log into your account. Sum of compound interest will be charged to your account. Remember, if you choose not to pay the cash price before the end of the delayed payment period a lump Price in full will reduce the amount of interest charged at the end of the delayed payment period. Making partial payments without clearing the cash You can avoid all of the interest by paying the cash price before the end of the delayed payment period, thisĬan be done in one full payment or multiple partial payments. This means you will pay interest on interest. Lump sum at the end of the delayed payment period. The interest will be added to your account as a Interest is calculated from date of order and compounded daily. If you are eligible for BNPL your offer details will be May be different to the values shown here. The delayed payment period and qualifying minimum order value is subject to offer and your account status and Subject to eligibility, you may choose from:īNPL for 6 months when you spend £ or more.īNPL for 9 months when you spend £ or more.īNPL for 12 months when you spend £ or more. Items and those not ready for immediate dispatch). The delayed payment period starts from the date of order (including pre-ordered BNPL is an interest-bearing option that allows you to delay payments on your purchases for up to 12 monthsĭepending on how much you spend.
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