Bank Rakyat

Bank Rakyat Flexi Easy Payment

Whether it's RM1,000 or more than RM5,000, get whatever you desire and enjoy interest-free instalment plan from Bank Rakyat.

    • Up to 24 months
    • No early termination fee
  • Instalment PeriodInterest RateMinimum Amount
    6 months0% p.a. and no one-time upfront handling feeRM1000
    12 months0% p.a. and no one-time upfront handling feeRM1000
    24 months0% p.a. and no one-time upfront handling feeRM1000
    6 months0% p.a. and no one-time upfront handling feeRM5001
    12 months0% p.a. and no one-time upfront handling feeRM5001
    24 months0% p.a. and no one-time upfront handling feeRM5001

    Frequently Asked Questions about Bank Rakyat Flexi Easy Payment

    Things you might want to know

    What is Bank Rakyat Flexi Easy Payment?

    Bank Rakyat Flexi Easy Payment allows credit cardholders to turn their retail purchases into affordable monthly payment without extra cost.

    The facility is valid for the Principal cardholders only. However, Supplementary cardholders can enjoy the facility with the consent from the Principal cardholders.

    How does it work?

    To use the facility, your retail purchases must be a minimum of RM1,000 and choose a monthly instalment plan period of 6, 12 or 24 months.

    Your monthly instalment will be calculated based on the formula and illustration below:

    Payment TenureMin. TransactionTotal Monthly Instalment
    6 monthsRM1,000RM166.67
    12 monthsRM1,000RM83.34
    24 monthsRM1,000RM41.67

    How do I request for Flexi Easy Payment?

    You can request for Flexi Easy Payment facility via four channels:

    1. Make a call to Bank Rakyat at 03- 2693 6880,

    2. Fill in the Flexi Easy Payment form with original signature and mail it to BANK RAKYAT CARD CENTRE, 1st Floor, Tower 1, Bank Rakyat Twin Towers, No.33, Jalan Rakyat, 5047 Kuala Lumpur,

    3. Fill in the Flexi Easy Payment form with original signature then send via fax to 03- 2260 1121, or

    4. Email the duly completed Flexi Easy Payment form to [email protected]

    What if I want to cancel the plan?

    You may call the bank to cancel the plan. 

    Upon cancellation, the present profit charges of 13.5%-18% p.a. will be charged on the unpaid balance of your Flexi Easy Payment monthly instalment and any of the unpaid outstanding amount in the Cardholder's account.

    Read More

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