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Payment and Instalment Plans with your DBS Credit Card

Eligibility

Available at participating online and retail merchants such as, Amazon, Best Denki, Challenger, COURTS, Gain City, Lazada, Mustafa, Shopee, The Hour Glass, Zalora and more!

Find the full list of merchants here.

How to enjoy

In-Store: Ask for DBS Instalment Payment Plan when you are making payment at any of the participating merchant outlets here.

Online: Select DBS Instalment Payment Plans and preferred tenure at check out.

Tenures available

3 / 6 / 12 / 24 / 36 / 48 months1.

1 tenure varies across merchants

Terms & Conditions

Terms & Conditions Governing DBS Instalment Payment Plan here.

MP3 (Credit Card)

Eligibility

All Principal Cardholders of a personal DBS/POSB Credit Card can apply.

All retail and online transactions made by Principal and/or Supplementary Cardholder that are in unbilled and/or latest statement can be converted to MP3. Transaction must be a minimum of S$100. Eligible transaction(s) will be shown for selection at transaction selection page during application journey. You may consolidate up to 10 transactions in 1 plan.

Tenures available

3 / 6 / 12 / 18 / 24 months.

Fees

MP3 has 0% interest. Only a one-time processing fee based on total plan amount will apply. Processing fee will be posted to card account alongside the first monthly instalment in your upcoming statement. Please refer to the processing fee shown on application journey for latest rates.

How to apply

Step 1: Log in to digibank mobile and tap More.

Step 2: Under Apply, select Pay By Instalments and tap Credit Card.

Step 3: Select the Credit Card and eligible transaction(s) (up to 10 transactions in one plan).

Step 4: Choose your preferred Instalment period.

Step 5: Review the details and tap Apply Now to submit your application.

Step 6: Once application has been processed, transaction amount will be reversed to your Credit Card and full plan amount will be charged back into your first selected Credit Card, and posted as a monthly instalment plan in your upcoming statement.

Terms & Conditions

Terms and Conditions Governing My Preferred Payment Plan here.

Terms and Conditions Governing My Preferred Payment Plan Processing Fee Promotion here.

MP3 (Savings Account)

Eligibility

All Principal Cardholders of a personal DBS/POSB Credit Card can apply. Eligible transactions are insurance payments, education fees, and income tax payment of minimum S$1,000 transaction amount on a personal (single-name) DBS/POSB Savings Account.

MP3 Savings Account application is not applicable for cash withdrawals, Funds Transfer and such other transactions as DBS may determine.

Earn rewards on instalment

You may choose to earn 3.75 DBS Points per S$5 of your monthly instalment amount on eligible points-earning cards. Select ‘Earn Reward Points’ option during the application process to be awarded DBS Points.

Tenures available

3 / 6 / 12 / 18 / 24 months.

Fees

MP3 has 0% interest. Only a one-time processing fee based on total plan amount will apply. Processing fee will be posted to card account alongside the first monthly instalment in your upcoming statement. Please refer to the processing fee shown on application journey for latest rates.

How to apply

Step 1: Log in to digibank mobile and tap More.

Step 2: Under Apply, select Pay By Instalments and tap Deposit Account.

Step 3: Select the Credit Card and eligible transaction.

Step 4: Choose your preferred Instalment period & whether to Earn Rewards Points on monthly instalment amount (if applicable).

Step 5: Review the details and tap Apply Now to submit your application.

Step 6: Once application has been processed, plan amount will be reversed to your Savings Account and charged back into your Credit Card, and posted as a monthly instalment plan in your upcoming statement.

Terms & Conditions

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

MP3 For Income Tax

Eligibility

Only income tax payment via bill payment option on iBanking through DBS/POSB Credit Card is eligible. All Principal Cardholders of a personal DBS/POSB Credit Card can apply.

Fees

Only a low 2.5% one-time processing fee based on transaction amount applies. Processing fee will be posted to card account alongside the first monthly instalment in your upcoming statement.

How to apply

Step 1: Pay for your income tax through your DBS/POSB Credit Card via Internet Banking Bill Payment

Step 2: Apply for MP3 for Income Tax Payment via the online application form (within 14 days of statement date where the transaction is sighted),

Step 3: Once application has been processed (within 3-5 working days), plan amount will be reversed and charged back into your Credit Card, and posted as a monthly instalment plan in your upcoming statement

Apply now

Terms & Conditions

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