Who can apply for UOB Lady's LuxePay Easi Payment Plan?
The flexi payment plan, specially catered for UOB Lady's MasterCard credit card, is open to both principal and supplementary cardholders.
How does the flexi payment plan work?
Flexi payment, or in other words an easy payment plan, is a value added service for UOB credit cardholders that offers the convenient to make repayment of your used credit in monthly instalments.
The next time you saw your favourite Watches, Jewelries, Shoes, or Bag displayed on the store front, don't hesitate to take a closer look at the price as this flexi payment plan accepts all retail purchases worth RM2,000 and above.
What is the minimum amount I can transfer?
The minimum amount you can transfer for luxury purchases is RM2,000. Bear in mind that only retail transactions are allowed to be converted into a flexi payment plan.
You can choose either to repay your instalment over 6 or 12-month plan, all at zero interests!
That's not all, you can also convert your purchases in foreign currency equivalent to RM3,000 into a 0% instalment payment plan for 3 months.
Can I make a minimum monthly payment and what are the consequences?
If you're not able to make a full payment on or before the credit card statement date, you are allowed to make a minimum monthly payment of 5% of the total outstanding or RM50, whichever is higher.
This practice is, however, not encouraged as it will attract an unnecessary finance charge of 18% p.a. on the outstanding balance, calculated daily until it is fully repaid.
Can I cancel my flexi payment application?
You may want to change your mind at any points in time, and it is okay. All you need to do is inform UOB of your decision in writing 1-week prior to the cancellation and prepare a cancellation fee of RM50.