Installment Payments Offer Budget-Friendly Spending for Vantage Credit Cards

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If you’re a current Vantage credit cardholder, you’ll love our new flexible repayment option that you can accept right in digital banking!

Vantage credit cards have a lot to offer—convenience, rewards, security. With Installment Payments, you could divide large, qualifying purchases on your Platinum, Platinum Rewards or World Mastercard^® over monthly installments at a lowered interest rate.^*

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Which transactions qualify?

Purchases $100 or greater, but less than $10,000, generally qualify for this repayment option. If you have an eligible transaction within your Vantage digital banking profile, you'll be offered a term and number of payments depending on the purchase amount and other factors, such as creditworthiness.

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How do I activate Installment Payments?

Log in to your Vantage digital banking profile, navigate to the Installment Payments widget, click on it and accept the terms and conditions. Then, you can view your eligible transactions and create your Installment Payment Plan by selecting your favored repayment terms. 

Just like that, you’ve split up your large transaction into a series of manageable monthly payments!

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How is this different from services like Affirm and Klarna?

Unlike some of the popular micro-lending options out there, our Installment Payments will be presented after you’ve completed your purchase and the transaction appears on your account within digital banking. Also, they do not operate as a line-of-credit, and they will not impact your credit score. They are simply another helpful tool to help you achieve your financial goals—or provide a little breathing room if needed.

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How will this impact my finances?

As mentioned, Installment Payments won’t impact your credit. However, they do come with a fixed interest rate.

We encourage all Vantage credit cardholders to log in to digital banking today and see if you have any eligible transactions.

If you don’t have a Vantage credit card, it’s not too late to get started!

See your options

^*Purchase must be $100 or more from a qualifying merchant. Installment Payments will be split evenly into monthly payments. Term and number of payments may vary and will depend on qualifications. Term and interest rate provided at the time of the Installment Payment offer will be contingent upon the qualifying purchase.

Digital banking access is required to use Installment Payments. The specific terms of each Installment Payment will be determined at the time each Installment Payment is created and will remain the same until the Installment Payment balance is paid in full. The Installment Payment interest is based on the amount of each purchase transaction selected to create the Installment Payment, the number of billing periods you choose to pay the balance in full, and other factors.

Access to Installment Payments is not guaranteed, is based on a variety of factors such as creditworthiness, credit limit and account behavior, and may change from time to time.