Payment and Instalment plans for your credit card
Split your purchases easily for up to 24 months.
Payment and Instalment plans for your credit card
At a Glance
Buy now and pay later. Make your big purchases more manageable by splitting them into small, hassle-free instalments with DBS Payment Plans. Whether it’s a new fridge for the family, furnishing for your new abode or even your annual insurance premiums, get the things you need now without worrying about your cashflow later.
0% interest
for up to 24 months.
Flexible payments
over 3, 6, 12, 18 or 24 months.
Earn DBS points
when you split your education, insurance and income tax bills into instalments.
What’s New
| Taking an instalment just got easier! Through Pay Later with DBS/POSB Credit Cards, you’ll get to pay via interest-free instalments anywhere you see the Pay Later identifier. No sign up required, all you need is a DBS/POSB Credit Card for all kinds of offline and online spend! |  |
Limited-time only
 | |
|---|---|
| From now until 31 July 2022, get S$70 cash rebate when you split a bill into instalments of 12 months or longer. Convert instantly and receive:
Promotion terms and conditions apply.
| |
DBS Payment Plans are great for:
Big-ticket items
Home furnishings
Insurance premiums
Income tax
Education fees
Unexpected expenses
Ready to stretch your wallet?
Here’s how DBS Payment Plans can offer you greater flexibility and help you budget better.
I want to split my existing Credit Card purchases
My Preferred Payment Plan
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 interest-free instalments for up to 6 months, at no fee.
It’s instant and super convenient. Just apply through digibank.
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% |
0%# Usual 3% |
5% | 6% | 6% |
| Effective Interest Rate | 0% Usual 18.18% |
0% Usual 10.43% |
9.50% | 7.86% | 5.98% |
*Promotion ends on 30 September 2022.
#Promotion ends on 15 July 2022.
Limited time offer. Promotion is applicable for applications submitted via DBS digibank. DBS may vary these Terms and Conditions or suspend or terminate the Promotion without any notice of liability to any party.
Limited-time only
|
From now until 31 July 2022, get up to S$70 cash rebate when you split a bill into instalments of 12 months or longer. Convert instantly and receive:
|
I want to split my bills
Income Tax, Education Fees and Insurance Premiums via Savings Account
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$5*
- Flexible payments over 24 months
- Apply instantly via
DBS digibank mobile
How to apply
*Only DBS Credit Cards that reward you with DBS Points are applicable. A small processing fee may apply.
Terms and Conditions Governing My Preferred Payment Plan (Savings Account)
Income Tax Payment Plan via Credit Card
Now, you can also earn Rewards on your income tax! Just pay your income tax using your DBS Credit Card* and apply for My Preferred Payment Plan (Income Tax Payment) to enjoy:
- 0% interest and a low processing fee of 2.5%
- Flexible payments over 12 months
- Exclusive reward of 1.5 miles per S$1
*Only DBS 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) |
2.5% |
| Effective Interest Rate | 4.68% p.a. |
Terms and Conditions Governing My Preferred Payment Plan (Income Tax Payment Plan)
I’m planning on a big purchase or making a bill payment
Pay Later with DBS/POSB Credit Cards
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$100. Split your payments over a period of 3, 6 or 12 months with 0% interest!
For full FAQ, click here.
For full T&Cs, click here.
0% Interest Instalment Payment Plan
Shop with your DBS/POSB Credit Card at participating online and retail merchants such as, Shopee, The Hour Glass, , Challenger, Courts, Harvey Norman, Mustafa Shopping Centre and more! Choose to spread your payments over 6, 12 or even 24 monthly interest-free instalments when you are making your purchase
Don’t forget to check out our exclusive merchant offers to enjoy greater savings.
Discover our list of merchant offers here.
Enjoy 0% Instalment Payments at these participating merchants
|
Automotive |
|
|---|---|
|
|
|
Beauty & Wellness |
|
|---|---|
|
|
|
Education |
|
|---|---|
|
|
|
Electronic and Computers |
|
|---|---|
|
|
| Departmental Stores & Online Martketplaces
|
|
|---|---|
|
|
|
Home and Furnishing |
|
|---|---|
|
|
|
Insurance |
|
|---|---|
|
|
|
Jewellery and Watches |
|
|---|---|
|
|
|
Medical |
|
|---|---|
|
|
|
Travel |
|
|---|---|
|
|
|
Others |
|
|---|---|
|
|
Note:
- DBS Instalment Payment Plan is applicable for all DBS VISA/MasterCard and POSB MasterCard Credit Cardmembers only.
- Minimum purchase amounts, specific terms and conditions may vary for different merchants. Please contact merchants for more details.
- Purchases made through DBS Instalment Payment Plan will not be eligible to earn DBS Rewards Points or Daily$.
- 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
That's great to hear. Anything you'd like to add?
We're sorry to hear that. How can we do better?