DBS Payment Plans
Split your purchases easily for up to 24 months.
DBS Payment Plans
At a Glance
Buy now, and pay later. Split your purchases into small, hassle-free monthly repayments and manage money better – for DBS Credit Cardmembers. Whether it’s a new fridge for the family, an online course for your career or your annual insurance premium, ease your cash flow with DBS Payment Plans.
Pay 0% interest, up to 6 months!
Split your purchases into interest-free monthly instalments for better money management.
Spread up to 24 months
Choose from flexible payments over 3, 6, 12, 18 or 24 months.
Easy access
Apply directly at participating merchants or through digibank mobile/online.
How does it work?
1. Activate at cashier/online checkout
Enjoy the convenience of DBS Payment Plans instantly at participating retail stores and online merchants.
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Ask the cashier for DBS Payment Plans at participating stores. |
Select DBS Payment Plans and tenure if you’re shopping online. |
2. Activate after you’ve paid
From insurance premiums and university fees to new home furnishings – DBS Payment Plans lets you consolidate your spending and repay over time.
- Go to digibank mobile/online and choose ‘Pay by instalments’
- Select up to 10 transactions in your credit card accounts
- Convert into 0% interest instalments, on your credit card
| Tenure | 3 months | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|---|
| One-Time Processing Fee* (based on transaction amount) | 0% Usual: 3% | 5% | 6% | 6% | |
| Effective Interest Rate | 0% Usual: 18.18% | 0% Usual: 10.43% | 9.50% p.a. | 7.86% p.a. | 5.98% p.a. |
*For a limited time only. DBS may vary these Terms and Conditions or suspend or terminate the Promotion without any notice or liability to any party.
Terms and Conditions Governing My Preferred Payment Plan Processing Fee Promotion
Terms and Conditions Governing My Preferred Payment Plan
Enjoy the flexibility of DBS Payment Plans for
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| Educational Fees |
| Insurance Premiums |
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| Tax Deductions |
| Home Furnishings |
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| Big-ticket items |
| Unexpected expenses |
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| And more |
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Split your Income Tax, Education & Insurance Payments for your Deposit Transactions
Budget better and split your income tax, education and insurance payments with DBS Payment Plans!
- Valid for customers with a DBS/POSB Credit Card
- 0% interest and 0% processing fees for up to 6 months
- Flexible payments across 24 months
- Apply instantly via
DBS digibank app
View tenure and processing fees
| Tenure | 3 months | 6 months | 12 months |
18 months | 24 months |
|---|---|---|---|---|---|
| One-Time Processing Fee** (based on transaction amount) |
0% Usual: 3% |
5% | 6% | 6% | |
| Effective Interest Rate |
0% Usual: 18.18% |
0% Usual: 10.43% |
9.50% p.a. | 7.86% p.a. | 5.98% p.a. |
**For a limited time only. DBS may vary these Terms and Conditions or suspend or terminate the Promotion without any notice or liability to any party.
Terms and Conditions Governing My Preferred Payment Plan.
Terms and Conditions Governing My Preferred Payment Plan (Deposit Accounts) Promotion
Paying for your income tax with your Credit Card? Split the bill up with Income Tax Payment Plan
If your income tax is too hefty to handle, apply for Income Tax Payment Plan to enjoy:
- 0% interest with a processing fee of 2.5% for 12 months
- Flexible payments over 12 months
- Exclusive reward of 1.5 miles per S$1
- Pay your income tax using DBS Credit Card via Pay Bills option in iBanking.
- Download the application form. Mail or fax the completed form to 6782 1063.
View tenure and processing fees
| Tenure | 12 months |
|---|---|
| One-Time Processing Fee (based on transaction amount) |
2.5% |
| Effective Interest Rate | 4.68% p.a. |
Terms and Conditions Governing My Preferred Payment Plan for Income Tax Payment Plan
For your convenience, My Preferred Payment Plan and Instalment Payment Plan have been renamed as DBS Payment Plans.
Ask for DBS Payment Plans at these retail merchants
Click on any category below to see the list of participating merchants for the DBS 0% Interest Instalment Payment Plan. Enquire in-store for more details before you make your purchase.
Automotive
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Beauty & Wellness
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Education
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Electronic and Computers
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Fashion and Accessories
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Home and Furnishing
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Insurance
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Jewellery and Watches
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Medical
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Travel
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Others
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Note:
- DBS 0% Interest Instalment Plan is applicable to DBS VISA/MasterCard/American Express® and POSB MasterCard Credit Cardmembers only.
- Minimum purchase amounts, specific terms and conditions and products for instalment plan may vary for different merchants. Please contact the merchants for more details.
- 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 IPP shall become payable immediately.
- DBS reserves the right to approve/reject any instalment plan(s).
- Other conditions apply.
No DBS/POSB Credit Card?
Pick one that suits your interests and lifestyle, to enjoy great sign up deals here.
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