Split your year-end shopping and travel purchases, insurance premiums, education fees and more into bite-sized instalments on your credit card.

From now till 31 December 2023, get 1% cash rebate (up to S$30 cash rebate) on all your new DBS My Preferred Payment Plans.

Convert your transactions instantly on digibank and receive up to S$30 cash rebate for:

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

Apply now

Terms and conditions apply.

How the campaign works

 

Scenario 1: You applied for 1 My Preferred Payment Plan during campaign period

 

Scenario 2: You applied for 2 My Preferred Payment Plans during campaign period

 

You’ve purchased an insurance policy worth S$2,400 using your DBS/POSB Credit Card on 5 October.

You’ve purchased a furniture worth S$1,800 using your DBS/POSB Credit Card on 5 October, and a designer bag worth S$6,000 on 15 November.

On 20 October, you apply for My Preferred Payment Plan and split this transaction into instalments over 12 months*.

On 20 October, you apply for My Preferred Payment Plan (6 months tenure)* for your furniture. On 30 November, you apply for My Preferred Payment Plan (24 months tenure)* for your designer bag.

 

You will receive S$24 cash rebate (1% of total plan amount).

You will receive S$30 cash rebate (1% of total plan amount, up to a maximum of S$30 per Eligible Customer).

 

*A small processing fee may apply. Applicable processing fee will be shown upon tenure selection and on ‘Review Application’ page prior to submission.

How to apply for My Preferred Payment Plan (Cards)

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) you wish to convert
Step 4: Choose your preferred Instalment period
Step 5: Review the details and Confirm

How to apply for My Preferred Payment Plan (Savings Account)

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 eligible transaction you wish to convert
Step 4: Choose your Credit Card and Instalment period
Step 5: Review the details and Confirm

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