Getting something expensive, but don’t want to be burdened by a huge credit card bill at the end of the month? OCBC credit card holders can now repay their purchases over 5, 10 or 20 months under the bank’s Easy Payment Plan.

The great thing about the plan is that there’s no interest as long as you’re punctual with your repayments. You’ll only have to pay a one-time handling fee of 2%, 3% and 5% respectively for the 5, 10 and 20 month repayment tenures. There’s no exit penalty for early settlement, either.

The minimum spend needed to convert your purchase into the instalment plan is RM1,000.