Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • UOB Installment Payment Plan

    UOB offers an installment Payment Plan (IPP) to its credit cardholders at 0% p.a. You can take up this option when you shop at any of the listed ‘UOB 0% IPP merchant outlets’.

    Features of UOB Installment Payment Plan

    • Convert large retail purchases in to affordable monthly installments.
    • Take advantage of flexible repayment periods that start from 12 months and go up to 36 months.
    • Enjoy 0% interest rate on all repayment options.
    • Shop at select merchant outlets that support this facility.
    • All existing and new UOB credit card holders, except for customers of corporate or private label cards, are eligible to opt for the installment Payment Plan (IPP).
    installment Period Interest Rate Minimum Amount
    12 months 0% p.a. RM1,000
    18 months 0% p.a. RM1,000
    24 months 0% p.a. RM1,000
    36 months 0% p.a. RM1,000

    Benefits

    • Convert retail purchases made in various categories like, telecom, travel agencies, departmental stores, medical, education, retail fashion, personal care, insurance services, etc.
    • Convert large retail purchases worth RM1,000 or more into smaller, affordable installments.

    Eligibility Criteria:

    • All retail purchases – products or services – must be made at select participating merchants as listed by the bank.
    • There should be sufficient credit limit available to earmark the transaction amount.
    • You must have abided by the ‘Cardmember Agreement’ at all times.

    List of Credit Cards Featuring the UOB Installment Payment Plan

    Credit Card
    Key Benefits
    Interest Rates & Interest Rate of 0%
    Annual Fee
    Know More

    Earn cash rebates when you shop online with UOB InStore

    15% p.a. - 18% p.a.

    0% p.a.

    Monthly Fee of RM6.36 (waived off if you swipe the card at least one time in a month) RM31.80 p.a. (for the supplementary card)

    Get up to 15% cashback on dining at select restaurants

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM135.68 (for the principal card) RM31.80 (for the supplementary card)

    Get cashback of up to 10% and up to 10x UNIRinggit on your weekend purchases

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    No annual fee charged for the first year RM72.08 (for each subsequent year, for the principal card) RM31.80 (for the supplementary card)

    With the Fashion Ten plan, you can get up to 10% cashback on your weekend fashion purchases

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM318 (for the principal card) RM31.80 (for the supplementary card)

    Get 4x complimentary access per calendar year to Plaza Premium Lounges in the Asia Pacific region

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM636 p.a. (for principal card) RM318 p.a. (for supplementary card) Annual fee will be waived if you spend minimum RM50,000 on the card, each year

    Earn 5X UNIRinggit for every RM1 spent on airlines, travel agencies, and hotels

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM209.88 (for principal card) RM31.80 (for supplementary card)

    Earn up to 8% cash rebates on everyday purchases

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM72.08 (Waived for the first year, after that waived if the card is swiped for more than 12 times in a year) RM31.80 (for supplementary card)

    Enjoy VIP access to Plaza Premium Lounges, 6 times each calendar year

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM209.88 (for principal card) RM31.80 (for supplementary card)

    Get up to 8% cashback on your online, travel, and dining expenditure

    15% p.a. to 18% p.a. (Retail purchases)

    0% p.a.

    RM95.40 (for principal card; waived for the first year) RM31.80 (for supplementary card, waived for first 2 years)

    How Does the UOB Installment Payment Plan Work?

    • After making a purchase with one of the participating merchants, you need to submit a completed application form for Mail Order or Telephone Order installment payment plan (MOTO IPP) product as recommended by the bank.
    • The application requests will be served on a first-come, first-served basis.
    • On approval of your IPP transaction request, the bank will make the full payment of your purchase to the participating merchant.
    • Then, the first installment of your payment to the bank will begin and the subsequent installments will be billed to your credit card, every month until the end of the tenure.

    How Do You Apply for the UOB Installment Payment Plan?

    You can manually submit an application form to the bank for the UOB installment Payment Plan facility. As services are subject to stock availability as well as the agreement between the cardholders and the participating merchants, it will be approved on a first-come, first-served basis.

    The bank will notify you about the status of your application. On approval, your payment installments will be charged to your credit card. The bank will then send you an approval letter via courier or by regular post.

    You no longer have to worry about not being able to afford the latest electronic gadget or a trending home appliance. With the UOB installment Payment Plan, you can now make such large retail purchases without burdening yourself financially.

    That’s not all. You don’t have any interest charges to deal with either even though you’re splitting your purchase into smaller monthly installments.

    FAQs on UOB Installment Payment Plan

    Q. Where can I find the list of participating merchants for UOB installment Payment Plan?

    A. You can find the complete list of participating merchants and services at www1.uob.com.my/ipp.

    Q. Will my credit limit alter when I enrol for the UOB IPP?

    A. Once your IPP transaction has been processed, your available credit limit will be temporarily reduced by reserving an amount equivalent to the purchase amount. As you pay each installment, the amount of your payment made will automatically be restored to your credit limit.

    Q. Will I get UNIRinggit Rewards if I opt for the installment Payment Plan?

    A. You will not be awarded with UNIRinggit Rewards or SMART$ when you enrol for the UOB IPP.

    Q. Can I cancel my MOTO IPP?

    A. To cancel your service, you need to provide prior notice. You can send an email to uobcustomerservice@uob.com.my or you can contact the UOB Call Centre at 04-2401 121 (Penang), 03-26128 121 (Kuala Lumpur), 07-2881 121 (Johor Bahru), 088-477 121 (Kota Kinabalu), or 082-287 121 (Kuching). You can also send your cancellation notice via fax at 03-2690 0121.

    Q. Can I obtain the installment Payment Plan on lifestyle services?

    A. Yes, lifestyle service transactions can be converted with the IPP. You can visit the bank’s official website to see the list of participating merchants providing lifestyle services.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.