You can split your eligible OCBC Credit Card purchase of $100 and above, into interest-free (EIR from 9.5% p.a.), fixed monthly instalments. Choose between a tenor of 3, 6, 12 months and pay a one-time processing fee of as low as 3%.
INSTALMENT PAYMENT PLAN (PAYLITE)
100% enjoyment with 0% interest instalments
Split your credit card transactions of at least $100 each into fixed, interest-free monthly instalments (EIR* from 9.50% p.a.). Apply easily via the OCBC app now.
FEATURES
Low one-time processing fee
Pay a processing fee from as low as 3% of the transaction amount.
Applicable to purchases from any merchant
Split any of your local, overseas or online purchases – each must be at least $100 – into interest-free monthly instalments (EIR* from 9.50% p.a.).
Rates and REPAYMENT PERIODS
- Repayment period (6 months)
- Repayment period (12 months)
| Repayment period (months) | 3 | 6 | 12 |
| One-time processing fee |
3% EIR* of 18.18% $72 |
3% EIR* of 10.43% $72 |
5% EIR* of 9.50% $120 |
| First-month instalment | $800 | $400 | $200 |
| Subsequent monthly instalments | $800 | $400 | $200 |
| Repayment period (months) |
| One-time processing fee |
| First-month instalment |
| Subsequent monthly instalments |
*Effective interest rate (EIR) is the total cost charged, including any processing fees, for using the instalment plan.
how to apply via THE OCBC APP
If your application is successful, the instalment details will be shown in your card transaction history on the next day.
before you apply
Eligibility requirements
Who can apply
OCBC credit card members (OCBC Cashflo Credit Card, OCBC NXT Card, OCBC Great Eastern Cashflo Credit Card or Debt Consolidation Card are not eligible to apply for PayLite)
Minimum amount you need to spend
$100 for each retail transaction
Terms and Conditions
ways to apply
Apply for an Instalment Payment Plan (PayLite) now via:
Alternatively, you may contact us at +1800 363 3333.
FAQs
Common questions
More questions and answersHow does PayLite work?
What are the eligible transactions for PayLite?
PayLite is only applicable for retail transactions. This excludes Cash Advance, Balance Transfer, Bank Fees and Charges, 0% IPP transactions, Cash-on-Instalments transactions, and such other transactions as OCBC may determine.
Are all OCBC Credit Cards eligible for PayLite?
No, OCBC Cashflo Credit Card/OCBC NXT Credit Card, OCBC GE Cashflo Credit Card and Debit Consolidation Card are not eligible for PayLite.
Is there a maximum amount that I can apply PayLite for?
No, there is no maximum amount applicable.
Scan to start application:
