No, this option is only available for new customers who have applied for and been accepted for an Argos Pay account, so for the time being, as an existing Argos Card account customer, you should continue to use your Argos Card as usual.
If you attempt to apply for an Argos Pay account, this will be declined, as we'll be updating your existing Argos Card account to Argos Pay automatically when the time comes. You won't need to re-apply, and there'll be no further credit check. You'll then need to register for the new Argos Pay app or Online Account Manager but don't worry, we'll let you know what to expect ahead of time, so the update will be as smooth and simple as possible.