Virgin Money and Virgin Atlantic customers:
Yes, you can cancel any instalment plan in the Virgin Money Credit Card app at any time.
Any money you still owe will be moved to your standard credit card balance and you will build up interest at the standard rate for that transaction type, however we will not charge interest on any fees. You’ll only be charged fees for the time you have had the instalment plan.
Virgin Money Slyce customers:
No, Slyce customers cannot cancel or edit instalment plans. However, you always have the option to make extra payments if you want to end your plans sooner.
If you're struggling to make repayments you can take advantage of Slyce's Switch to Minimum feature. When you Switch to Minimum, we'll flip all your plans to 12 months. The number of months on the new plan will depend on how many payments you made before switching. You'll pay the new, lower amount on your next payment date. Although paying the minimum may seem like a good option, it will take longer and is the most costly way of paying off what you owe. Paying more than the minimum helps you save money on the overall cost and pay off what you owe faster.