It’s a simple way to pay for a purchase in equal monthly installments using your eligible Visa card for qualifying purchases at participating retailers. And, with Visa Installments, there’s no need for another line of credit, credit check or a new account. Offered by participating banks and enabled by Visa.

How do I know if my Visa card is eligible for Visa Installments?
Eligibility for an installment plan is determined by your card issuing bank. Please contact them regarding eligibility and available installment plans.

How do I make a purchase using an installment plan on my Visa card?
You can shop online or in store at participating retailers. At checkout, simply enter your Visa card. If your Visa card is eligible, and if your purchase is a qualifying purchase, you’ll see the available installment plans at checkout. After that, simply choose a plan by accepting the terms and complete your order. It’s that easy.

Is a credit check required to use Visa Installments?
No. Any installment plans offered are provided by your card issuing bank as a benefit of your existing eligible Visa card.

Yes. Your total purchase amount will be deducted from your available credit limit on your existing credit card account. For further details about this, please check with your card issuing bank and review your cardholder agreement.

How do I return an item purchased with Installments Enabled by Visa?
Returns for purchases made with Installments Enabled by Visa follow our standard return process. Please contact your card issuing bank for details about how a refund credit will apply to your account for purchases made with Installments Enabled by Visa.

Will my installment plan be cancelled if I make a return?
Please contact your card issuing bank for specifics on how refund amounts for purchases made using an installment plan will be applied to your credit card account.

How is my payment amount calculated for Installments Enabled by Visa?

• Your card issuing bank calculates the exact payment details applicable to your installment plan. For example, if the installment plan is monthly, the monthly installment payment amount for your installment plan may be calculated by taking the total purchase amount, inclusive of taxes and shipping, and dividing it into equal monthly payments for the duration of the installment plan selected (e.g., 6 or 12 months). If there are fees or an annual percentage rate (APR) associated with the installment plan (i.e., APR or monthly installment fee), those amounts will be included in the monthly payment amount billed by your issuing bank, unless otherwise set forth in your cardholder agreement or the terms applicable to your installment plan.
• The installment payment amount and the total installment fees (if applicable) are provided on the checkout page when the installment plan is displayed. You should closely review the terms of your plan, including any installment fees or APR, prior to completing your purchase. Once you accept the terms, you can complete your purchase.

Are there any fees or APR associated with Installments Enabled by Visa?

• Fees or APR associated with Installments Enabled by Visa are presented at check-out, along with the specific plan’s additional terms and conditions set by your card issuing bank.
• Billing, payment, and servicing of installment plans are managed through your card issuing bank. Please contact your card issuing bank or review your cardholder agreement for more information.

Can I pay off my installment purchase balance early? If so, is there a penalty or fee?
You can find out how your card issuing bank applies early payments to installment purchases by contacting them or referring to your cardholder agreement for more information.

How does my scheduling of installment payments work?
Payment and servicing of your installment plan is through your card issuing bank. The installment amount due and due date will be part of your billing or account statement for your card and may be included in your minimum payment due. Please contact your card issuing bank or review your cardholder agreement for more information.

For questions regarding your installment plan, refer to your cardholder agreement or contact your card issuing bank.

No. An installment plan does not increase your credit limit nor is it an additional line of credit.