Silentnight

What is Buy Now Pay Later?
Buy Now Pay Later is an interest bearing option that allows you to delay payments on your purchases for up to 12 months depending on how much you spend. The delayed payment period starts from the date of order (including pre-ordered items and those not ready for immediate dispatch).

You can choose:
Buy Now Pay Later for 6 months when you spend £100 or more.
Buy Now Pay Later for 9 months when you spend £150 or more.
Buy Now Pay Later for 12 months when you spend £300 or more.

The delayed payment period and minimum order values to qualify for Buy Now Pay Later are subject to offer, and will be detailed in checkout.

How is interest calculated?
Interest is calculated from date of order and compounded daily. The interest will be added to your account as a lump sum at the end of the delayed payment period. This means you will pay interest on interest.

How to avoid paying interest?
You can avoid all of the interest by paying the cash price before the end of the delayed payment period, this can be done in one full payment or multiple partial payments.

Making partial payments without clearing the cash price in full will reduce the lump sum of compound interest charged at the end of the delayed payment period.

Remember if you choose not to pay the cash price before the end of the delayed payment period, any outstanding balance plus a lump sum of compound interest will be charged to your Very account.

How do I make a Buy Now Pay Later payment?
To make a full or partial payment simply log into My Account, choose "Make a payment", select "Pay Buy Now Pay Later" and allocate your payment to the specific Buy Now Pay Later you wish to pay off. Alternatively, you can call us.

What happens after the delayed payment period?
If you have not paid the cash price in full or have only made a partial payment, a lump sum of interest will be charged to your Very account. Any outstanding balance plus the interest will now become payable on your account.

As the outstanding balance, plus the interest now form part of your payable balance they will attract interest at your account rate, meaning you will pay interest on interest. This will be included within your account minimum payment request every month and cannot be repaid using Take 3.

If you have paid the cash price in full before the end of the delayed payment period, you will not pay any interest.

What is excluded from Buy Now Pay Later?
The costs for delivery and installation services cannot be placed on Buy Now Pay Later. Buy Now Pay Later availability is subject to your credit and account status.

Do I still have to pay my minimum payment?
Yes, allocating payments to Buy Now Pay Later will not cover the minimum payment for your Very account. If you have a non-Buy Now Pay Later balance on your Very account, you will still need to make at least your minimum payment as shown on your statement.

Why pay all in one go when you don't have to?

• Take 3 is always available on your Very Account for every item you purchase, any time you shop
• You don't need to select Take 3 at checkout, simply add your purchases to your account and we will automatically calculate your Take 3 payment for you
• All you need to do is pay the Take 3 amount shown on your statement, by the due date and you'll pay no interest
• There's no extra cost, just a payment option that allows you to split the cost of your purchases
• You can use Take 3 as many times as you want as long as you have the available credit on your Very Account
• With Take 3 you can choose to pay less than the Take 3 amount. However, if you do, interest will be charged at your account rate




3 payments, 3 months, pay no interest.

*Excludes purchases on Buy Now Pay Later.