What happens to my Scotia SelectPay installment plan if I pay off my credit card balance?
If you decide to pay off the current balance or balance owing while you have active installment plans, you’ll get a credit on your account in the amount of your outstanding installment balance.
This is because your current balance includes future installment payments that aren’t due yet.
If you’d like to pay off your total current balance without receiving a credit, you can manually cancel your installment plan. Then the remaining balance would be applied to your current balance, and you can pay it in full.
Can I prepay my future installment payments?
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?