Clearpay Finance Options – Buy Now, Pay Later
At Clearpay UK, you can spread the cost of your purchase into 4 interest-free instalments over 6 weeks, making it easier to shop for your new bed or mattress without paying the full amount upfront.
What is Clearpay?
Clearpay is a Buy Now, Pay Later (BNPL) payment service that allows customers to receive their order immediately and pay in 4 equal instalments every 2 weeks. There is no interest when payments are made on time.
Clearpay is provided by Clearpay Finance Ltd and is available to eligible UK residents aged 18 and over.
How Does Clearpay Work?
Using Clearpay is quick and simple:
- Add your favourite beds, mattresses, or furniture to your basket.
- Proceed to checkout.
- Select Clearpay as your payment method.
- Pay the first instalment today.
- The remaining 3 instalments will be automatically collected every 2 weeks.
Example:
- Order Total: £400
- Pay Today: £100
- Second Payment: £100 (after 2 weeks)
- Third Payment: £100 (after 4 weeks)
- Final Payment: £100 (after 6 weeks)
No interest is charged when payments are made on time.Â
Why Choose Clearpay?
Interest-Free Payments
Spread the cost over 6 weeks with no interest when paid on time.
Instant Approval Decision
Most customers receive an instant decision during checkout.
Receive Your Order Immediately
Your order is processed straight away while you pay over time.
Easy Payment Management
Track payments, due dates, and orders through the Clearpay app.
Who Can Use Clearpay?
To use Clearpay, customers must:
- Be aged 18 or over
- Be a permanent UK resident
- Have a valid UK debit or credit card
- Have a UK billing address
- Meet Clearpay’s eligibility checks
Approval is subject to Clearpay’s assessment and spending limits.Â
Is There Interest or Any Hidden Charges?
No. Clearpay does not charge interest or annual fees when payments are made on time.
However, late fees may apply if scheduled payments are missed.
What Happens if I Miss a Payment?
If you miss a payment:
- An initial £6 late fee may apply
- A further £6 fee may be charged if the payment remains unpaid after 7 days
Late fees are capped:
- Orders under £24: maximum late fee is £6
- Orders over £24: capped at the lower of £24 or 25% of the order value
Missed payments may affect your future ability to use Clearpay.
Can I Pay Early?
Yes. You can make early payments at any time through the Clearpay app or website without penalties.Â
What Happens if I Return My Order?
If your order is returned and refunded:
- Clearpay payments will be adjusted accordingly
- Any future instalments may be cancelled
- Refund timing depends on both the retailer and Clearpay processing times
If you have already made payments, eligible refunds will be returned to your original payment method.
Is Clearpay Safe?
Yes. Clearpay uses secure payment technology and encrypted systems to protect customer information and transactions. Customers can also manage payments securely through the Clearpay app.
Important Information
Please spend responsibly. Clearpay is a form of unregulated credit. Ensure you can comfortably meet repayment schedules before using the service. Missed payments may result in late fees and could impact future spending limits.Â
Frequently Asked Questions
Does Clearpay affect my credit score?
Clearpay may perform eligibility checks when you apply. Missed payments could affect your ability to use Clearpay services in the future.
Can I use Clearpay on all products?
Most products are eligible, but some exclusions may apply depending on retailer policies.
Is there a minimum order value?
Minimum and maximum spend limits may apply depending on Clearpay’s approval process.
Can I use Clearpay in-store?
Yes, Clearpay can be used at selected participating retailers both online and in-store.
What if I’m experiencing financial difficulties?
Clearpay offers support options for customers experiencing hardship, including payment plans and fee assistance.
For more information, visit the official Clearpay Help Centre or Clearpay Terms of Service
