Best 0% Instalment Plan Credit Cards in Singapore 2024

Best 0% Instalment Plan Credit Cards in Singapore 2024

Here is a thorough overview to the best credit cards in Singapore with 0% interest plans for 2024! 0% installment plans are now considered to be effective financial management solutions for consumers that are cost cautious. This comprehensive review explores the best credit cards with 0% interest payment plans so you can spread out the payments for large purchases without paying interest.

These credit cards enable you to simply and inexpensively manage costs, whether you’re eyeing that new device, organizing a dream vacation, or thinking about home upgrades. Come along with us as we identify Singapore’s top credit cards with 0% interest plans so you may make wise choices and achieve financial freedom in 2024 and beyond.

Best 0% Instalment Plan Credit Cards in Singapore 2024

Best 0% Instalment Plan Credit Cards in Singapore 2024

1

Standard Chartered Smart Credit Card

Cashback from Netflix, Spotify, fast food joints and more6%*
Annual FeeS$0
Minimum SpendS$0

Get a Sony LinkBuds S Earbuds (worth S$309) or a Lenovo Tab M10 Gen 3 (worth S$299.01) or up to S$230 Cash via PayNow when you apply and meet the relevant spend criteria!

0% Instalment Features:

  • 3-month interest-free instalments with no service fees
2

CIMB World Mastercard

Minimum AmountS$500
Processing Fee3% to 5%
Tenure6 to 24 Months

Get S$280 Cash via PayNow, in as fast as 2-3 months when you apply and spend a min of S$988.

0% Instalment Features:

  • With CIMB 0% i.Pay Plan (IPP) enjoy 0% interest instalment payments with a one time processing fee
  • A one time processing fee of 3% of transaction amount for 6 to 12 months and 5% for 24 months tenure
  • Earn cash rebates on instalment payment plan and save on your daily expenses
  • Minimum of S$500 and maximum of S$30K can be converted per transaction
3

DBS Altitude American Express Card

Minimum AmountS$100
Processing Fee0%
Tenure3 to 24 Months

Get up to 60,000 miles when you apply, pay the card’s annual fee and charge a min. spend of S$3,000 within 60 days from card approval date.

0% Instalment Features:

  • Split your shopping bills, insurance and taxes with DBS Payment Plans
4

Standard Chartered Rewards+ Credit Card

Minimum AmountS$500
Processing Fee5%
Tenure6 or 12 Months

Get a Sony LinkBuds S Earbuds (worth S$309) or a Lenovo Tab M10 Gen 3 (worth S$299.01) or up to S$230 Cash via PayNow when you apply and meet the relevant spend criteria!

0% Instalment Features:

  • Standard Chartered EasyPay (0% instalment plan for up to 12 months)
  • Minimum transaction of S$500 required to convert into 0% IPP
  • A one time service fee of 5% will be charged on the transaction amount
  • A one time cancellation fee of S$150 is applicable for early repayment or termination of the card
5

CIMB Visa Signature

Minimum AmountS$500
Processing Fee3% to 5%
Tenure6 to 24 Months

Get S$280 Cash via PayNow, in as fast as 2-3 months when you apply and spend a min of S$988.

0% Instalment Features:

  • With CIMB 0% i.Pay Plan (IPP) enjoy 0% interest instalment payments from 6 to 24 months
  • A one time processing fee of 3% of transaction amount for 6 to 12 months and 5% for 24 months tenure
  • Earn cash rebates on instalment payment plan and save on your daily expenses.
  • Minimum of S$500 and maximum of S$30K can be converted per transaction
Best 0% Instalment Plan Credit Cards in Singapore 2024
6

CIMB Visa Infinite

Minimum AmountS$500
Processing Fee3% to 5%
Tenure6 to 24 Months

Get S$280 Cash via PayNow, in as fast as 2-3 months when you apply and spend a min of S$988.

0% Instalment Features:

  • With CIMB 0% i.Pay Plan (IPP) enjoy 0% interest instalment payments with a one time processing fee
  • A one time processing fee of 3% of transaction amount for 6 to 12 months and 5% for 24 months tenure
  • Earn cash rebates on instalment payment plan and save on your daily expenses
  • Minimum of S$500 and maximum of S$30K can be converted per transaction
7

UOB Lady’s Card

Minimum AmountS$500
Interest p.a.0%
Tenure6 or 12 month

Get S$350 Cash Credit from UOB when you are the first 200 new-to-UOB customers who successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 per month, for 2 consecutive months from the card approval date.

0% Instalment Features:

  • UOB Lady’s LuxePay Plan – Put your new luxury purchase (shoes and bags) worth S$500 or more (local, online or overseas) on a 0% p.a. 6 or 12-month instalment payment plan, absolutely free
8

American Express Singapore Airlines KrisFlyer Ascend Credit Card

Local SpendS$1 = 1.2 miles
Overseas SpendS$1 = 2 miles
at participating Pay Small merchants0% Interest Installment

New American Express cardholder can get S$300 eCapitaVouchers AND up to 17,000 KrisFlyer miles (enough to redeem a Return Trip to Bali*) when you pay the card’s annual fee and spend a min. of S$1,000 within the first month of card approval.

Existing cardholders can get up to 34,000 KrisFlyer Miles when you pay the card’s annual fee and spend a min. of S$1,000 within the first month of card approval.

0% Instalment Features:

  • 0% interest instalment at participating Pay Small merchants
9

American Express Singapore Airlines KrisFlyer Credit Card

Local SpendS$1 = 1.1 Miles
Overseas Spend during June and December, with no capS$1 = 2 Miles
at participating Pay Small merchants0% Interest Installment

Online Promo: 

New American Express cardholder can get S$100 eCapitaVouchers AND up to 17,000 KrisFlyer miles (enough to redeem a Return Trip to Bali*) when you spend a min. of S$500 within the first month of card approval.

0% Instalment Features:

  • 0% interest instalment at participating Pay Small merchants
10

DBS Altitude Visa Signature Card

Minimum AmountS$100
Processing Fee0%
Tenure3 to 24 months

Get up to 53,000 miles when you apply, pay the card’s annual fee and charge a min. spend of S$3,000 within 60 days from card approval date.

0% Instalment Features:

  • Split your shopping bills, insurance and taxes with DBS Payment Plans

In conclusion, the realm of 0% instalment plan credit cards in Singapore for 2024 offers a gateway to smart and cost-effective financial management. By leveraging these cards, you can enjoy the flexibility of spreading payments for large purchases without worrying about interest charges. Remember to assess factors such as repayment terms, fees, and additional benefits when choosing the best 0% instalment plan credit card for your needs.

With strategic planning and responsible usage, these cards can be valuable tools in achieving your financial goals and making big-ticket purchases more manageable. Here’s to a year of savvy spending and financial empowerment with the best 0% instalment plan credit cards in Singapore!

Do check out our list of Best Personal Loans with Low Interest Rates in Singapore for 2024 and have time to check their services.

Frequently Asked Questions

FAQs

What are 0% instalment plan credit cards, and how do they work?

0% instalment plan credit cards allow you to make purchases and pay in instalments over a specified period without incurring interest charges. They typically offer zero or low-interest rates for the instalment duration.

What types of purchases are eligible for 0% instalment plans with these credit cards?

Eligible purchases may include electronics, furniture, travel packages, healthcare services, and more. Check with the credit card issuer for specific categories and terms.

How can I apply for a 0% instalment plan with my credit card in Singapore?

You can apply for a 0% instalment plan through the credit card issuer’s website, mobile app, or customer service. Select the purchase you want to convert to instalments and follow the application process.

Are there any fees associated with 0% instalment plans on credit cards?

While 0% instalment plans typically don’t charge interest, there may be administrative or processing fees. Review the terms and conditions of the plan to understand any applicable fees.

Can I convert existing credit card purchases into a 0% instalment plan?

Some credit card issuers may allow you to convert eligible purchases made within a certain timeframe into a 0% instalment plan. Check with your issuer for details and eligibility criteria.

What are the repayment terms for 0% instalment plans on credit cards in Singapore?

Repayment terms vary by issuer and plan but typically range from a few months to several years. Choose a plan with repayment terms that suit your budget and financial preferences.

Do 0% instalment plan credit cards offer any additional benefits or rewards?

Some credit cards may offer rewards points, cashback, or other perks on purchases converted into a 0% instalment plan. Review the card’s rewards program to maximize benefits.

Can I cancel or change a 0% instalment plan after it has been initiated?

Once a 0% instalment plan is initiated, it’s generally not possible to cancel or change it. Ensure you understand the terms and commitment before proceeding with the plan.

You might be interested in

Related Lists

The Finest Dental Clinics in Tampines Singapore

We curated the top Dental Clinics in Tampines Singapore. Check out their services and let us know if they serve you the best way possible.

Product Currency: SGD

Product In-Stock: InStock

Editor's Rating:
4.89

Finest Services
Logo