Bank Islam RSVP Program

To apply for RSVP Plan, you must notify Bank Islam by way of a phone call to Credit Card Customer Service at 03 2726 7799 or to Bank Islam Contact Center at 03 2690 0900 within 3 days after the purchase is made or before the next statement date.

Your favorite concept store is not a participating merchant? You can still enjoy 0% profit rate on your purchase with Bank Islam RSVP (Retail Spread Value Plan) Program and convert it into manageable monthly instalments up to 12 months, at a small one-time fee.

Who can apply?

Open to all Principal and Supplementary cardholders of Bank Islam with good standing and sufficient financing limit, subject to terms and conditions. However, every request must be made by principal cardholders only.

What purchase qualifies for this plan?

Bank Islam RSVP Program only applicable for retail purchases in a single receipt. Other non-retail purchases including cash transaction/withdrawal, outstanding balances of Mail Order/Telephone Order (MOTO), Instalment Purchase Plan transactions, Balance Transfer and other instalment schemes from other financial institutions are not allowed.

How does this RSVP Program work?

Following a successful application to RSVP conversion, you will be charged a one-time handling fee of 4.5%, which will be reflected in your first statement cycle. For the second statement cycle up until the end of instalment payment, you will not be charged with additional fees and charges. 

Bank Islam will also not charge you for paying off your instalment before the end of your tenure, but you must inform the bank head on. 

Can I pay a minimum amount?

A late payment fee of 1% will be charged on the outstanding balance if you failed to pay the full RSVP amount. That's not all, failure to make a minimum payment or RM50, whichever is higher from the outstanding balance, will result in your RSVP instalment amount to be slapped with a normal profit charges between 13.5% to 17.5%.