Go big on your spending without hesitation with a 0% Instalment Payment Plan for up to 36 months, just make sure to stay committed to your responsibility.
Why should I apply for this easy payment plan?
If you are the kind of a person who likes to take advantage of zero-percent interest rates, no upfront fees and a flexible payment period, then this is the right easy payment plan for you, subject to terms and conditions.
With AEON 0% Instalment Payment Plan, you can get your hand on the latest trend in gadgets, kitchenware, living room etc. from participating merchants and enjoy interest-free instalments for up to 36 months.
Where can you swipe and convert your purchases into this EPP? It's easy because AEON Credit's participating merchants are big names in the retail industry such as AEON Stores, AEON BiG, Senheng Electric Sdn Bhd and Cuckoo International (M) Sdn Bhd.
How does it work?
It is really simple: all you need to do is make a purchase with a single receipt. Then, you need to inform the bank of your intention to convert the payment into 0% IPP. This should be done no later than 1 day before your next statement date or at the point of the transaction.
Choose your preferred tenor: 3, 6, 12, 18, 24 or 36 months, which then AEON Credit will provisionally reduce your credit limit. Make sure you have an available balance before doing so!
You can gradually and progressively restore your credit limit if payment is made on a monthly basis until your payment period expires.
What is my obligation?
You only have one job, which is to service your monthly repayment on time and in full. Unless you are hit with a budgetary crisis sometimes within your tenor, you are advised to make a minimum payment of 5% of the outstanding balance.
Otherwise, you will be risking paying a steep finance charge of 18% if there is a non-payment.
Also, bear in mind that an RM30 penalty will be charged to you for paying off your instalment ahead of schedule.