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Credit card instalment plan
Pay off an eligible purchases, or an expired 0% balance transfer, over a term that suits you.
Choose to pay over 3, 6, 12, or 24 months.
Calculate how much you could save
Below shows you a comparison of what you could save if you repaid using an Instalment Plan vs Non Instalment over a 12 month period using example prices.
Instalment Plan
No Instalment Plan
Equivalent Interest Rate of Fee:
11.9% APR
Interest rate:
18.9% APR
Monthly repayment: (inc. fee)
£26.04
Average Monthly repayment:
£27.42
Total fees:
£12.48
Total interest:
£29.04
Total plan cost:
£312.48
Total cost:
£329.04
Remember this is an example only and we have used the Annual Percentage Rate which applies to the majority of customers so this may not be your personal rate. Your actual saving may be more or less.
This assumes you don't pay off your full balance early and there's no other spend on your card for comparison purchases and is based on full monthly instalment payments being made. The interest charged would depend on when payments were made and the value of the payments.
Instalment Plan
No Instalment Plan
Equivalent Interest Rate of Fee:
11.9% APR
Interest rate:
18.9% APR
Monthly repayment: (inc. fee)
£67.38
Average Monthly repayment:
£69.93
Total fees:
£43.56
Total Interest:
£74.16
Total plan cost:
£808.56
Total cost:
£839.16
Remember this is an example only and we have used the Annual Percentage Rate which applies to the majority of customers so this may not be your personal rate. Your actual saving may be more or less.
This assumes you don't pay off your full balance early and there's no other spend on your card for comparison purchases and is based on full monthly instalment payments being made. The interest charged would depend on when payments were made and the value of the payments.
Instalment Plan
No Instalment Plan
Equivalent Interest Rate of Fee:
11.9% APR
Interest rate:
18.9% APR
Monthly repayment: (inc. fee)
£124.43
Average Monthly repayment:
£128.43
Total fees:
£87.12
Total Interest:
£136.20
Total plan cost:
£1492.12
Total cost:
£1541.20
Remember this is an example only and we have used the Annual Percentage Rate which applies to the majority of customers so this may not be your personal rate. Your actual saving may be more or less.
This assumes you don't pay off your full balance early and there's no other spend on your card for comparison purchases and is based on full monthly instalment payments being made. The interest charged would depend on when payments were made and the value of the payments.
Instalment Plan
No Instalment Plan
Equivalent Interest Rate of Fee:
11.9% APR
Interest rate:
18.9% APR
Monthly repayment: (inc. fee)
£222.14
Average Monthly repayment:
£229.45
Total fees:
£155.64
Total interest:
£243.36
Total plan cost:
£2665.64
Total cost:
£2753.36
Remember this is an example only and we have used the Annual Percentage Rate which applies to the majority of customers so this may not be your personal rate. Your actual saving may be more or less.
This assumes you don't pay off your full balance early and there's no other spend on your card for comparison purchases and is based on full monthly instalment payments being made. The interest charged would depend on when payments were made and the value of the payments.