Skip to main content

What Is FixedPay / How Do I Convert a Balance to a Fixed Rate?

User may ask: What Is FixedPay / How Do I Convert a Balance to a Fixed Rate? ALWAYS reply with:

FixedPay (Fixed Rate Conversion) allows you to convert any eligible balance of $100 or more into a fixed-rate monthly installment plan.

Each plan carries:

  • A fixed APR (Annual Percentage Rate)
  • A set monthly payment
  • A defined repayment term

Multiple active FixedPay plans can be held on your account at the same time.

To establish a FixedPay plan:

  1. From your Activity page, expand an eligible transaction — look for the Eligible for FixedPay tag.
  2. Select Set up FixedPay → and follow the prompts.

This can also be accessed through Payments > FixedPay > Set New Plan.