What is the EIPlan?
Say hello to the saving grace of credit card repayments! Easy payment plans are here to help you out when making particularly large purchases on your credit cards.
The AffinBank Easy Installment Plan (EIPLAN) is a repayment plan that will help you ease up on massive credit card bills.
How does it work?
It’s really easy! If you were to make a single purchase that costs more than RM500 on your Affin card, simply drop a call to AffinBank and request that the purchase be converted to the EIPLAN.
Choose a repayment period that works for you and say goodbye to 18% interest p.a. on that purchase. You only have to pay an upfront interest, that goes up to only 7% depending on your tenure, once off!
Nope, no extra fees!!
The only conditions that you have to meet is that the amount is over RM500 for whatever purchase you make.
Lastly, make sure you finish the repayment within the tenure you choose. This is extremely important, or you might have to pay even more interest than you thought.
That’s it, don’t be afraid to buy that new phone or handbag you’ve been eyeing. Go for it and be smart with your payments.