Buy Now Pay Later with

BNPL

You could choose to delay your payment for up to a year.

Representative 39.9% APR Variable

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. The delayed payment period starts from the date of order (including pre-ordered items and those not ready for immediate dispatch).

Spend

£100

and delay your payments for 6 months

Spend

£150

and delay your payments for 9 months

Spend

£300

and delay your payments for 12 months

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 Buy Now Pay Later works & how to avoid interest

How is the 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 can you avoid paying Buy Now Pay Later 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.

For transactions before the 13th November 2019, if you only pay part of the BNPL transaction balance you will be charged interest in line with the date the payment was made. This means that the earlier you pay on these transactions the less interest you’ll be charged.

For transactions on or after the 13th November 2019, you will only be charged interest on the outstanding balance at the end of the delayed payment period. Therefore, the timing of the payment within the delayed payment period does not affect the amount of interest charged.

To find the date the transaction was made, please reference your historic statement PDFs contained within Transactions & statements.

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 item(s) 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.