Pay in 3 with Take 3
Nothing to pay at checkout then 3 payments over 3 months and pay no interest
How it works...
With Very you can pay in 3 with Take 3 which lets you split the cost of anything over 3 months.
Simply make the Take 3 payment on your statement each month to avoid paying any interest.
Your Take 3 payment will include your minimum payment, so you do not need to pay any additional amount that month.
If you do not make a Take 3 payment you’ll incur interest on your Take 3 transaction.
Take 3 applies to all new purchases, excluding those put on Buy Now Pay Later. Use it anytime, as often as you like. We’ll work out the amount for you, so all you need to do is make the Take 3 payment on your statement each month.
How handy is that?
More information about paying in 3 with Take 3
What is Take 3?
Take 3 enables you to split the cost of purchases over 3 payments and pay no interest. It applies to all new purchases that are not on Buy Now Pay Later (BNPL). It’s easy, order on your account in the normal way by clicking on “Add to account” in checkout. Then, each month, we’ll show you the Take 3 Payment due on your statement which you will find in “My account”. You will need to make this payment to avoid interest on your purchases that qualify for Take 3.
The Take 3 Payment includes the minimum payment required for any of your current balance that does not qualify for Take 3 such as outstanding balances on BNPL after the delayed payment period has ended and balances that no longer qualify for Take 3 because you failed to make a Take 3 Payment.
How do I select Take 3?
Just order in the normal way by clicking on "Add to account" in checkout and Take 3 will automatically apply to any new purchases you make that are not on Buy Now Pay Later. We’ll then calculate your Take 3 Payment each month and show this on your statement which you’ll find in "My account".
What can I pay for using Take 3?
Take 3 applies to everything we sell providing you don’t purchase on Buy Now Pay Later.
Can I use Take 3 more than once?
Take 3 applies to all new purchases you make that are not on Buy Now Pay Later. If one month you do not make the Take 3 Payment then all the purchases that were in the Take 3 balance when the payment was missed stop qualifying for Take 3 but any new purchases, except for those on Buy Now Pay Later, will qualify for Take 3.
How will I know how much to pay?
You will need to make the Take 3 Payment shown on your monthly statement which you will find in "My account".
What’s the difference between my Take 3 Payment and the Minimum Payment?
The Take 3 Payment is the amount you must pay to avoid interest on all your purchases that qualify for Take 3. It includes the minimum payment required for any of your current balance that does not qualify for Take 3 such as outstanding balances on Buy Now Pay Later after the delayed payment period has ended and balances that no longer qualify for Take 3 because you failed to make a Take 3 Payment.
The Minimum Payment shown on your monthly statement is the minimum amount you need to pay to keep your account up to date. If you only make the Minimum Payment then interest will be charged on your current balance including on items that qualify for Take 3.
Can I use Buy Now Pay Later and Take 3 at the same time?
No, any orders on Buy Now Pay Later do not qualify for Take 3.
Will Take 3 be replacing current payment options?
Take 3 is a new and additional repayment option.
Is it possible to pay off Take 3 purchases in fewer or more payments as long as it’s within 3 months?
You must make at least the Take 3 Payment each month to avoid incurring interest on purchases that qualify for Take 3. You can make the Take 3 Payment in one single payment or in multiple payments provided the required amount is received by the payment due date shown on your statement.
You can pay more than the Take 3 Payment if you wish. Any additional payment received will be applied in accordance with the Payment Allocation Rules (which can be found in your credit agreement and on the rear of your monthly statement) and may reduce your next Take 3 Payment.
If a Take 3 payment is missed, all the purchases that were in the Take 3 balance when the payment was missed stop qualifying for Take 3 and will be subject to interest.
Are there any penalties or additional charges if I do not meet the Take 3 payments each month?
If a Take 3 payment is missed, all the purchases that were in the Take 3 balance when the payment was missed stop qualifying for Take 3 and will be subject to interest.
Will Take 3 apply to orders I placed prior to 2nd March 2024?
No, Take 3 only applies to orders placed on or after 2nd March 2024.
Warning: This is high-cost credit. Consider alternative options before applying for this credit, including alternatives from other lenders regulated by the Central Bank of Ireland.
39.7% APR variable
Representative example based on minimum monthly payments.
€200 purchase 29 monthly payments of 8% of balance (or €8 if greater)
Rate of Interest 39.7% APR
Total amount €277.01
If you pay more than the minimum monthly payment the loan will be cleared in a shorter period of time.
Our high cost credit provider agreements have a maximum APR of 39.7%.
Licensed high cost credit providers must assess your creditworthiness in accordance with regulatory requirements.
Before providing credit, we will seek such information from you.
NOTICE:
Under the Credit Reporting Act 2013 lenders are required to provide personal and credit information for credit applications and credit agreements of €500 or above to the Central Credit Register. This information will be held on the Central Credit Register and may be used by other lenders when making decisions on your credit applications and credit agreements.
