At a Glance

0% interest

for up to 24 months1.

Flexible payments

over 3, 6, 12, 18 or 24 months.

Earn DBS points2 & maximise your savings

when you split your big ticket purchases, education, insurance & income tax bills into instalments.

Looking for a new fridge for your family or thinking of signing up for new insurance policy without breaking your budget?

Simplify big purchases with ease by splitting them into hassle-free instalments of up to 24 months.

There’s a payment plan for every lifestyle need or change: DBS has got you covered.

1 For plans under My Preferred Payment Plan, a low, one-time processing fee (based on transaction amount) may apply.

2 Only My Preferred Payment Plan (Savings Account) with ‘Earn Reward Points’ option selected & My Preferred Payment Plan for Income Tax Payment are eligible for DBS Points.

Apply now


DBS Payment Plans are great for:

Big-ticket items
Home furnishings

Discover DBS Home & Living Marketplace for exclusive offers on appliances subscription, bedding products and more!

Insurance premiums
Income tax
Education fees

Discover DBS Education Marketplace for exclusive deals on enrichment and lifelong learning courses

Unexpected expenses

4 ways to manage your purchases

Ready to stretch your wallet?

Here’s how DBS Payment Plans can offer you greater flexibility and help you budget better.

My Preferred Payment Plan (MP3)

Looking to pay off your current credit card purchases over time? With My Preferred Payment Plan, you can consolidate and convert up to 10 eligible transactions into monthly instalments of up to 24 months.

It’s instant and super convenient. Just apply through digibank:

  • MP3 on Credit Cards transactions OR
  • MP3 on Savings Account transactions
    only on DBS digibank mobile

Tenure and processing fees

Tenure 3 months 6 months 12 months 18 months 24 months
One-Time Processing Fee
(based on transaction amount)


5% 6% 6%
1Effective Interest Rate 12.08%


9.50% 7.86% 5.98%

1 Effective interest rate (“EIR”) is calculated on the processing fee if full payment of the fee is not received by statement due date.

My Preferred Payment Plan (Savings Account)

Screens shown in video are for illustrative purposes only. For the latest one-time processing fee rates applicable, please refer to the rates displayed on digibank upon tenure selection during the application process.

Paid your income tax, education fees or insurance premiums through your savings account? You can ease your cashflow with My Preferred Payment Plan (Savings Account)!

  • Valid for customers with a DBS Credit Card
  • Earn 3.75 DBS Points per S$51
  • Flexible payments over 24 months
  • Apply instantly via DBS digibank mobile

How to apply

Educational Fees

1 Only DBS/POSB Credit Cards that reward you with DBS Points are applicable, and ‘Earn Reward Points’ option must be selected during the application process to be awarded DBS Points.

Terms and Conditions Governing My Preferred Payment Plan (Savings Account)

My Preferred Payment Plan for Income Tax Payment

Now, you can also earn DBS Points on your income tax payment when you split them into monthly instalments! Enjoy:

  • Low processing fee of 2.5%
  • Flexible payments over 12 months
  • Exclusive reward of 1.5 miles per S$1

Start earning DBS Points in 2 simple steps:

  1. Simply pay your income tax using your DBS/POSB Credit Card2 via the bill payment option on iBanking
  2. Apply for MP3 for Income Tax Payment via the ‘Apply now’ button below

Apply now

2 Only DBS/POSB Credit Cards that reward you with DBS Points are applicable.

Tenure and processing fee

Tenure         12 months
One-Time Processing Fee
(based on transaction amount)
Effective Interest Rate 4.68% p.a.

Terms and Conditions Governing My Preferred Payment Plan for Income Tax Payment

0% Interest Instalment Payment Plan

Shop with your DBS/POSB Credit Card at participating online and retail merchants such as, Shopee, The Hour Glass, , Challenger, Courts, Harvey Norman, Mustafa Shopping Centre and more! Choose to spread your payments over 6, 12 or even 24 monthly interest-free instalments when you are making your purchase

Don’t forget to check out our exclusive merchant offers to enjoy greater savings.

Discover our list of merchant offers here.

Enjoy 0% Instalment Payments at these participating merchants


  • AL Tyres
  • Autobacs
  • Automotive Dynamics Engineering
  • BCC Automotive
  • Cycle & Carriage
  • Fong Kim Racing Development
  • H Tyre
  • Hock Cheong Automec
  • Hodaka Motoworld
  • LS Tyres & Automotive
  • One Zone Automotive LLP
  • Stamford Tyres International

Beauty & Wellness

  • 6 Elements Hair Spa
  • Absolute Chiropractic
  • Absolute Wellness
  • Adeva Spa
  • Agyness Beauty Centre
  • AIBI
  • Amber Beila
  • Amore Fitness
  • Amore Spa
  • Amway Singapore
  • AsterSpring
  • Avone Beauty Secrets
  • Be Santuary Spa
  • Beaute Fashion
  • Bodyperfect
  • Browhaus
  • Cheryl W
  • Chrysalis Spa
  • Citispa
  • Contours Express Singapore
  • Dorra Slimming
  • Erabelle
  • Expression
  • Fresver Beauty
  • Brow Art Asia
  • Heart Springs Spa
  • Heart Springs Wellness
  • Ikeda Spa
  • Jean Yip
  • Johnson Protein Healthy Hair Growth
  • Kimage Salon
  • Le D'or Beaute
  • Lifespa
  • London Weight Management
  • Modern Beauty Salon
  • MTM Skincare
  • New York Skin Solutions
  • Nail Palace
  • Nu Skin Enterprises
  • OSIM
  • OWELL Bodycare
  • Platinum Yoga
  • Regina International
  • Snip Avenue
  • Spa Elements
  • Spa Infinity
  • Spa Symphony
  • Spacio TCM Wellness
  • Shakura Pigmentation Beauty
  • SK Il Boutique Spa
  • Strip
  • Sulwhasoo Spa
  • The Ultimate Spa
  • True Harmony
  • Victoria Facelift
  • Yun Nam Hair Care


  • Adam Khoo Learning
  • Australian International School
  • Believer Music
  • British Council Singapore
  • Cristofori Music
  • Kaplan Higher Education & Learning Institute
  • MDIS
  • NUSS

Electronic and Computers

  • Apple Online Store
  • Apple Stores
  • A.A.A Appliances
  • Aftershock PC
  • Atlas Sound & Vision
  • Audio House Singapore
  • Best Denki Singapore
  • BOSE
  • Challenger
  • Courts Singapore
  • Gain City
  • Dyson Singapore
  • Harvey Norman
  • iStudio
  • MC2
  • Mega Discount Store
  • Parisilk Electronics & Computers
  • Sony Store
Departmental Stores & Online Martketplaces


  • BHG Singapore
  • Carousell
  • Fairprice Xtra
  • Giant Hypermart
  • Lazada
  • Metro
  • Mustafa
  • OG Singapore
  • Shopee
  • Takashimaya Singapore

Home and Furnishing

  • Bright House Lightning Pte Ltd
  • Brighton Furniture Display Centre
  • Dunlopillo Singapore
  • Four Stars
  • IKEA
  • Mayer
  • Nova Furnishing
  • Song-Cho (Imp & Exp) Pte Ltd
  • Star Living


  • AIG Asia Pacific Insurance
  • AXA Insurance Singapore
  • Liberty Insurance
  • MSIG Insurance Singapore
  • NTUC Income Insurance

Jewellery and Watches

  • 18 KARAATS
  • All Watches
  • Arthesdam Jewellery
  • Asia Timepiece Centre
  • Aspial - Lee Hwa Jewellery
  • Athena Jewels and Watches
  • Chip Lee Jewellery
  • Gold Heart Jewellery
  • Joyalukkas Jewellery
  • Lee Hwa Jewellery
  • Love & Co.
  • Malabar Gold & Diamonds
  • Meena Gold Jewellers
  • Meyson Jewellery
  • Poh Heng Jewellery
  • Sincere Fine Watches
  • SK Jewellery
  • Tag Heuer
  • Taka Jewellery
  • The Hour Glass
  • Vincent Watch
  • Watches of Switzerland


  • 8 Medical Aesthetic Clinic
  • A&M Medical Centre
  • Advanced Dental Clinic
  • Advanced Pain Centres
  • Asia Health Partners
  • Atlas Eye Specialist Centre
  • Atlas Medical Clinic
  • Atria-City Dental Group
  • Casa Dental
  • David Loh Surgery
  • De Pacific Dental Group
  • Dream Plastic Surgery Singapore
  • Eagle Eye Centre
  • Icare Medical And Wellness Clinic
  • Icon Medical Aesthetics
  • J Laser And Aesthetics Clinic
  • Mount Alvernia Hospital
  • NUH
  • Parkway Hospital Singapore
  • Q&M Dental & Surgery
  • Raffles Hospital
  • Tan Tock Seng Hospital


  • Accent Musical Equipment
  • Advanced Pet Care
  • Amazing Hearing
  • Cash Converters
  • Cordlife Group Limited
  • Digi Sound Hearing Care Centre
  • ERA Realty Network
  • Maxi Cash
  • M1 Shop
  • Mothercare
  • Money Max
  • Popular Book Company
  • StarHub
  • Steigen Singapore
  • Storhub
  • Sun Shine Health Product
  • Swee Lee Holdings
  • Thermomix
  • Yummi House


  • DBS Instalment Payment Plan is applicable for all DBS VISA/MasterCard and POSB MasterCard Credit Cardmembers only.
  • Minimum purchase amounts, specific terms and conditions may vary for different merchants. Please contact merchants for more details.
  • Purchases made through DBS Instalment Payment Plan will not be eligible to earn DBS Rewards Points or Daily$.
  • In the event that you decide to cancel your DBS/POSB Credit Card, any instalment plan that is currently financed through the Card will be terminated and made payable immediately. Additionally, an early termination fee of S$150 will be levied on each Instalment Plan being terminated.
  • DBS reserves the right to approve/reject any instalment plan(s).
  • Other T&Cs apply. Click here to view full Terms and Conditions Governing Instalment Payment Plan

Pay Later with DBS/POSB Credit Cards

Pay Later

Use Pay Later with DBS/POSB Credit Cards at participating online and offline retail merchants across a range of lifestyle categories, such as travel and fashion, for purchases as low as S$100. Split your payments over a period of 3, 6 or 12 months with 0% interest!

For full FAQ, click here.
For full T&Cs, click here.

Learn more

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