You love your outlet store but it does not offer 0% flexible repayment under Maybank EzyPay? Why the long face when Maybank EzyPay Plus is here to the rescue!
What can I get from Maybank EzyPay Plus?
You can convert your big purchase into smaller instalment payments every month up to 24 months at zero upfront handling charges and low interest rates. For 6 and 12-month tenures, you need to make a minimum purchase amount of RM500, whereas for 18 and 24-months tenures, a minimum transaction of RM3,000 and RM5,000 respectively is required.
For a limited time until the 31st August 2017, Maybank offers a special promotional rate of 6.96% and 7.92% for 6-month and 12-month tenures respectively, provided you make a conversion of RM500 for 6-month plan and RM1,000 for 12-month plan.
Who can apply for this flexi payment plan?
Only principal cardholder is allowed to apply for EzyPay Plus conversion.
When can I apply for conversion?
Application of EzyPay Plus, either via calling, walk-in or online, must be made at least 3 days before the current statement date. There is also no limit as to the number of application you want to make for EzyPay Plus, however, subject to your credit standing and eligibility.
Is there a penalty for early settlement?
No, there is not. Maybank will not impose exit fee for early settlement.
What if I can't make a full payment every month?
You are advised to make a minimum amount of 5%, or RM25, of the monthly instalment amount before the statement due date to avoid being charged with the prevailing finance/management charges of 18% p.a.