Can I prepay my future installment payments?
Prepay means making extra payments or paying off the entire outstanding installment balance. You can't prepay an installment plan, but if you no longer want to continue the plan, you can cancel it at any time from the My plans tab in the mobile app or online.
Once you cancel your plan, the remaining outstanding installment balance (if any) will be re-applied to the balance owing on your account. Any applicable interest will be charged at the annual interest rate that applies to purchases on your eligible account until it’s paid in full.
You can review your current statement for the payment due each month under your installment plan, and the outstanding installment balance not yet due on the plan.
When are my monthly Scotia SelectPay installment payments due?
What happens if I don’t pay my minimum monthly installment payment in full by the payment due date or I make a late payment?
Why did Scotiabank cancel my installment plan?
What Scotiabank credit cards are eligible for Scotia SelectPay Installment Plans?