I have more than one active
Argos Pay balance

We’ll give you a heads up before the end of the BNPL period and let you know when to start making payments.

At the end, you’ll get a statement telling you how much you owe and your options for repaying it.

As you have other balances with Argos Pay – like flexible credit or instalment plans – how it works depends on whether you’re paying interest on those.

• If you’re paying interest on any other balances, payments you make before the BNPL plan comes to an end will go towards those first
• If you have only other balances at 0% interest, your payments will go towards whichever plan ends first

This is to help you get the most out of your BNPL plan and keep your costs as low as possible.

Timing your payments right will help you get the most out of your BNPL plan. Here are the important things to know:

• Paying before your BNPL plan ends
  Any payments you make during your BNPL period may go towards the other balances on your Argos Pay account first. That means they might not lower your BNPL balance. To learn more about this, check 'what happens if I make any payments before my BNPL plan ends?'
• Paying after the plan ends, by the payment due date
  
  In full
  Paying back your full BNPL balance by the due date makes the most of your plan, as it means you won’t be charged any interest on it.
  
  Or flexibly
  You don’t have to clear your whole balance right away – as long as you pay at least the minimum on your statement by the due date each month, you can pay it back over time. Just keep in mind that interest is charged on any balance left at the end of your BNPL plan.

Remember, if you don’t make at least the minimum payment by the due date, you’ll be charged a fee. And we may need to report it to the Credit Reference Agencies, which might make it harder or more expensive for you to borrow money in the future.

You can decide to pay off your full BNPL balance right away. If you do this by the due date, you won’t be charged any interest on it.

Or you can pay it back flexibly in monthly amounts. There’s no time limit. You’ll get a statement each month, and you just need to pay at least the minimum amount by the due date. Paying more, if you can afford to, will help you clear your balance faster and save on interest.

If you pay back your full BNPL balance by the due date, you won’t be charged any interest at all on it.

Otherwise, you’ll start paying interest on any balance that’s left after your BNPL plan ends. It’ll be at your standard purchase rate, which you can always find on the back of your statement.

You can choose to pay back your full BNPL balance by the due date. If you do this, you won’t be charged any interest at all on it.

You could also pay back part of your balance, which will lower the amount of interest you’re charged.

If you haven’t cleared your whole balance by the due date, you’ll start paying interest on whatever’s left. This means that paying back what you owe will cost you more than your original purchase amount.

To choose how you want to make payments, log in to your Argos Pay app or Online Account Manager.

(!) If you haven’t already, you’ll first need to register. Head to the login page and follow the quick and easy steps. You’ll just need your account number.

You can choose from these ways to pay:

Manual payments

• Pay Online
  Make fast payments, wherever and whenever you like, with our simple Pay Online option – powered by NatWest’s PayIt ^TM . You’ll find it in your app or Online Account Manager .
• Pay by debit card
  Follow the steps in your app or Online Account Manager one full working day before the payment is due for it to clear in time.

Direct Debt

This is the easiest and most convenient way to help you pay on time. Take a look at the payment options below.

You can set up your Direct Debit with various payment options, including:

• Payment Requested
  This includes your minimum payment and any Recommended Extra Payment, fees and charges. It’ll also include payments for monthly instalment plans, if you choose to take any out in the future. You’ll find all of this on your monthly statement.
• Fixed Direct Debit Plus
  With this option, you choose a set amount to pay each month. This may also include an optional Recommended Extra Payment, which will always be shown on your statement.
• Boosted Payment
  This option helps you lower the overall interest you pay and manage your account better. It includes your contractual minimum payment plus a variable Boosted amount. It’ll also include any monthly instalments, if you choose to take a plan out in the future. We’ll always let you know what your Boosted amount will be on your statement.
• Full Statement Balance including your BNPL Balance
  Choosing this option means your full statement balance will be cleared when you reach the end of your plan. It’ll also pay off any monthly instalments or other balances due on your statement each month.

The Payment Requested you see on your statement is made up of your minimum payment, which includes interest, fees and charges, any Recommended Extra Payment, plus any instalment plans you add to your account in the future. If you can afford it, paying a bit more than this requested amount will help you clear your balance faster and save on the cost of interest.

If the Payment Requested is too much for you, it’s important to pay at least the minimum payment shown. This will keep your account up to date.

If you’re struggling to make your payments, please chat with our friendly team by calling 0333 049 5142. We can look at options for you.