Credit Card - Payment Plans

We believe in freedom of choice - not only for the privileges and benefits we offer, but also for the payments you need to make. Choose from two flexible payment plans, no matter which DBS Credit Card you have.

My Preferred Payment Plan

If there's an exotic getaway or expensive purchase you've been dreaming of, why wait?

Simply convert your purchases to a monthly instalment plan!

With My Preferred Payment Plan*, you can choose to pay over a 3, 6, or 12-month instalment plan at no interest and a low processing fee¹! This applies to local as well as overseas purchases.

You can even combine up to 5 transactions to meet the minimum requirement of S$500!

How My Preferred Payment Plan works:

Transactions	3-Night Stay in Bali S$600	42" LCD TV S$1,500	Designer Bag S$3,600
Instalment Period	3 months	6 months	12 months
Monthly Instalment	S$200	S$250	S$300
One-Time Processing Fee (based on transaction amount)	S$18 (3% of S$600)	S$45 (3% of S$1,500)	S$180 (5% of S$3,600)

*Terms & Conditions Governing My Preferred Payment Plan ("MP3")

A one-time non-refundable processing fee of 3% (EIR 18.18% p.a.) on the transaction amount for a 3-month plan, 3% (EIR 10.43% p.a.) on the transaction amount for a 6-month plan or 5% (EIR 9.50% p.a.) on the transaction amount for a 12-month plan is applicable for each approved transaction.
The MP3 application is strictly to be sent to DBS Bank Ltd ("DBS") by mail or fax only and is subject to DBS' approval.
A minimum combined amount of S$500 is required. A maximum of up to 5 combined retail transactions is allowed.
The MP3 application(s) is/are only applicable for retail transactions charged to a DBS/POSB credit card ("Card Account").
Unless otherwise stated, MP3 application(s) must be received by DBS within 14 (fourteen) days of statement date.
MP3 application(s) with incomplete fields and/or incorrect information given will not be processed.
Transactions in foreign currency will be converted to Singapore dollar based on DBS' prevailing exchange rates and the MP3 application will be based on the Singapore dollar amount.
DBS Points will not be awarded for transactions utilized to qualify for the MP3. Any DBS Points which were awarded as such will be reversed.
DBS Points will not be awarded for fees/charges arising from the MP3.
Not applicable for Cash Advance, Balance Transfer, Payment via iBanking, 0% Instalment Payment Plan transactions, transactions made on a DBS/POSB Debit Card, and such other transactions as DBS may determine.
An administrative charge of S$150 will be levied for early repayment and/or Card Account termination. In the event of Card Account termination, the outstanding balance under the MP3 shall become payable immediately.
DBS may vary these Terms and Conditions and may discontinue the MP3, without notice or liability to any party.
These Terms and Conditions shall form part of the applicable terms and conditions governing the use of the Card Account and shall be construed and interpreted accordingly.
These Terms and Conditions are governed by Singapore law and the parties agree to submit to the exclusive jurisdiction of the Singapore courts.
A person who is not a party these Terms and Conditions shall have no right under the Contracts (Rights of Third Parties) Act (Cap 53B) to enforce any of these Terms and Conditions and notwithstanding any terms herein, the consent of any third party is not required for any variation (including any release or compromise of any liability) or termination of these Terms and Conditions.

0% Interest Instalment Plan

We've made shopping even more enjoyable and convenient. With DBS Interest Payment Plan, you can spread over 3, 6, 12, 18 or 24 months and pay no interest at participating merchants islandwide. All you need to do is ask for the plan at the outlet before making your purchase.

Click here to browse the product categories and merchants before you go shopping for anything from cars to computers, and everything in between.

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