Maybank Credit Card Installment Payment

If you make the payment with your credit card but cannot afford to pay off the amount in full at the end of the month you will then be incurring interest every month on the outstanding balance.

Maybank credit card installment payment. So if you re thinking of upgrading your phone or are in the market for a new gadget look out for instalment payment plans so you won t feel like you ve just had to part with a huge amount of. With the new maybank flexipay you can convert your retail purchases into interest free instalment plan over 6 12 or 24 months even at shops that do not accept credit cards. Cardmember must choose the instalment period from a minimum of 3 months to a maximum of 36 months which varies by individual ezypay merchant. Get financial flexibility by spreading payments minimum purchase of s 300 in a single charge slip over 6 12 or 24 months.

When you make a purchase on your credit card using the 0 easy payment plan the credit card issuer makes the full payment to the merchant. As part of covid 19 relief package from 8 july 2020 till 31 december 2020 the monthly minimum payment for maybank personal credit card and fund transfer accounts will be reduced from 3 to 1 of outstanding balance or s 20 whichever is higher. Maybank credit cardholders choose the installment feature at the time of payment. Changes to full payment transactions recorded in maybank system will be processed into installment transactions a maximum of 14 working days from the date of transaction is made and will be stated on the next month s billing statement.

If any instalment and transaction amount debited to the cardmember s account is not paid in full when due and payable the cardmember shall be liable for fees and interest charges on the outstanding amount unsettled in the cardmember s account at the rate then prevailing in the terms and conditions of the maybank credit card agreement. Maybank 0 ezypay instalment plan is applicable to all new and existing visa mastercard american express credit cards issued by malayan banking berhad or maybank islamic berhad. Make flexible monthly payments and save more with 0 interest instalment plans for visa mastercard and amex credit cardmembers. Credit card instalment payment plans dear valued cardmember to avoid finance charges being imposed all cardmembers who have subscribed to a zero interest interest free monthly repayment plan s are required to make payment of the monthly instalment specified by the bank at the time the instalment payment plan is entered into the monthly instalment in full.

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