OCBC Instalment Payment Plan (PayLite) | OCBC Singapore

INSTALMENT PAYMENT PLAN (PAYLITE)

100% enjoyment with 0% interest instalments

Why you will love this

Split purchases of at least $100 each into interest-free monthly instalments (EIR* from 9.50% p.a.)

Pay a low one-time processing fee

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)

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 Digital app now.

FEATURES
Low one-time processing fee
Low one-time processing fee

Low one-time processing fee

Pay a processing fee from as low as 3% of the transaction amount.

Applicable to purchases from any merchant
Applicable to purchases from any merchant

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

Made a purchase recently? How much would you like to split?

  •  
  • 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.

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



ways to apply

Apply for an Instalment Payment Plan (PayLite) now via:

Alternatively, you may contact us at +1800 363 3333.
FAQs
How does PayLite work?

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%.

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.

I have questions about my PayLite notifications. Where can I get more information about it? (FAQs for PayLite Notification Issue)

For customers who have applied for Instalment Payment Plan (PayLite) via OCBC Digital app between 1 July 2024 and 6 August 2024, view the FAQs to find out more.

More questions and answers