lifestyle

This Bank Offers Interest-Free Instalments When You Shop Online, Book A Holiday & More

Enjoy 0% interest for 12 months!

Cover image via @cimbmalaysia (Instagram)

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This Spotlight is sponsored by CIMB Bank.

Over the years, banks and e-commerce stores have offered customers all kinds of different payment methods. Recently, one of the increasingly popular trends is allowing customers to buy now, pay later.

In fact, according to 2021 Global Payments Report by FIS-Worldpay, buy now, pay later is expected to more than double its market share by 2024!

In simple terms, buy now, pay later essentially means getting your item first and paying for it via monthly instalments

While it's been around for credit cards for a long time, more and more platforms, such as e-wallets and e-commerce stores are slowly implementing it.

It's especially useful when you have to make a large purchase, as you have the option to break your purchase into instalments instead of paying it all in one-go, giving you that extra peace of mind. In most cases, you also get to enjoy zero interest instalments, which means you don't have to pay any additional fees.

Knowing just how beneficial and helpful buy now, pay later can be, CIMB Bank recently announced their 0% Flexi Payment Plan, to help you make your purchases more attainable

Be it shopping online, buying health products, paying for medical bills, or even settling your children's tuition fees, CIMB Bank wants to be assist you every step of the way with the 0% Flexi Payment Plan feature on their credit cards. 

Best of all, CIMB Bank's 0% Flexi Payment Plan lets you enjoy 12-month interest-free instalments whenever you spend at least RM500. So worth it, right?

This means that the full price of the product or services purchased will be broken down into 12 months, with no upfront payment required or additional charges at all. For instance, if you buy a pair of ear buds for RM600 under the 0% Flexi Payment Plan, you would only pay RM50 monthly for a year. Just buy now and pay later! 

To enjoy the 0% Flexi Payment plan, you'll need to apply for a CIMB Bank Credit Card, which is a seamless process and can be done online in just 10 minutes!

Plus, CIMB Bank offers a plethora of credit cards to cater to your needs, whether you're looking to accumulate points, enjoy cash rebates, or earn miles. 

And you better apply as soon as possible, 'cause CIMB Bank's 0% Flexi Payment Plan is only available until 31 December. 

You can apply for a CIMB Bank Credit Card here.

Once you have your CIMB Bank Credit Card ready to go, all you have to do is spend RM500 or more in a single transaction to qualify for the 0% Flexi Payment Plan

Image via CIMB Bank

From now until 31 December, you can enjoy the 0% Flexi Payment Plan by spending at almost any merchant in the following categories — education, health, medical, and online.

Here's how to qualify for the 0% Flexi Payment Plan:


STEP 1: Spend at least RM500 in a single transaction

STEP 2: Receive an SMS from CIMB Bank to convert your transaction into their Flexi Payment Plan

STEP 3: Reply the SMS to apply

And just like that, you can begin paying zero-interest instalments with ease! 

If you're not sure where to begin, here are a few recommended merchants from CIMB Bank:

1. Planning for a short getaway? Book a holiday package on Agoda with your CIMB Bank Credit Card and enjoy zero-interest instalments.

Image via Agoda

2. Enjoy flexible payments when you stock up on health supplements and beauty products from Watsons

Image via SAYS

3. Getting the all-new iPhone 13 on Shopee? Go easy on your wallet by opting for CIMB Bank's 0% Flexi Payment Plan.

That's not all! Check out other recommendations from CIMB Bank:

Online
- Expedia
- Isetan Online Store
- Lazada
- Taobao
- Sephora
- Shopee
- Zalora

Health
- Alpro Pharmacy

Education
- Taylor’s Schools
- Tenby Schools
- UCSI International School

To find out more about the terms and conditions, you can click here.

Can't wait to start spending under CIMB Bank's 0% Flexi Payment Plan? Get more information here.

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