Best Easy Payment Plans in Malaysia 2026

An easy payment plan (EPP, also known as a flexi payment plan or FPP) is a credit card instalment facility that converts a retail purchase into equal monthly payments over a fixed period. This page explains how EPPs work, what the key terms mean, what to watch out for before you sign up, and which plans are worth comparing.

When you use a credit card for a standard purchase, you have a 20-day interest-free window after your statement date to settle the full amount. Miss that deadline and the bank applies a finance charge of between 15% and 18% p.a. on the outstanding balance, compounding every month until it's cleared.

An EPP removes that risk. Your purchase is split into fixed monthly instalments over 3 to 36 months, usually at 0% interest, so you pay exactly what you spent with nothing extra added, as long as you make every instalment on time.

Most credit cards in Malaysia come with some form of EPP. The differences lie in the tenure options, participating merchants, minimum purchase amounts, and whether the bank charges a processing or early termination fee.

How does a credit card instalment plan work?

Most credit cards carry two or three instalment plan types, each for a different purpose. The table below shows how they compare.

What to look out for in an easy payment plan

0% Interest Rate

Not every plan that advertises 0% is genuinely free of cost. Some charge a one-time processing fee upfront, which means the effective cost is not zero even if no monthly interest accrues. Some smaller merchants also add a surcharge of 2% to 5% when you choose EPP at checkout. Large chains like Harvey Norman and Courts typically absorb this, but independent retailers often do not. Read the fine print before enrolling, and ask the cashier whether a surcharge applies. For a fuller breakdown of what a "0% EPP" can actually cost, see Why Your 0% Interest Easy Payment Plan Still Costs You Money.

Tenure options

The 0% rate does not always apply across every tenure. Banks typically offer 3, 6, 12, 24 or 36 months, but longer tenures sometimes carry a higher rate. Maybank EzyPay PLUS, for example, starts from 9% p.a., which is a separate plan from the standard Maybank EzyPay at 0%.

Participating merchants

The 0% rate only applies at stores that have a formal agreement with your bank. If your preferred retailer is not on the list, the purchase can still be converted to a flexi payment plan, though a higher interest rate will apply. Check your bank's merchant list before you reach the checkout.

Minimum purchase amounts also vary by bank and, in some cases, by tenure. Bank Islam's IPP sets minimums per repayment period: RM150 for 3 months, RM300 for 6 months, RM600 for 12 months, up to RM1,800 for 36 months. Most other banks apply a flat minimum of RM500 or RM1,000 regardless of the tenure chosen.

Minimum monthly repayment

Converting a purchase to EPP does not replace your regular monthly obligation. Most banks require the full EPP instalment on top of the usual minimum payment of RM50 or 5% of your total outstanding balance, whichever is higher. Both are due by your statement date.

Supplementary cardholders

If the purchase was made on a supplementary card, do not assume EPP is automatically available. Some banks allow supplementary cardholders' purchases to be combined with the principal cardholder's transactions to meet the minimum purchase amount, though this varies. Check with your bank before assuming it applies.

Is it better to pay with a 0% instalment plan?

For a planned big-ticket purchase, a 0% EPP usually makes more sense than paying cash up front or leaving a balance on your card. The answer depends on one thing, though: your ability to make every instalment on time. The 0% rate is conditional. Miss a payment, and it reverts to 18% p.a. for the rest of the tenure, which quickly erases any advantage over just paying normally.

Salina is a content creator who wants to upgrade her smartphone for better video quality. The new phone costs RM6,000.

On a 36-month plan, Salina pays RM167 per month at 0%, the full RM6,000 spread over three years with nothing added. The trade-off is that the RM6,000 is drawn from her available credit limit for the entire duration, reducing what she can spend on other transactions. If she relies on that card for daily spending, she should factor in the reduced headroom before committing to the longest tenure.

How to sign up for a 0% easy payment plan

1. Own a credit card. If you don't have one yet, compare credit cards on RinggitPlus
2. Confirm the store is a participating merchant for your bank's 0% EPP programme
3. Tell the cashier you want EPP and select your preferred tenure at the checkout
4. Swipe your card
5. Hold on to your receipt until the plan appears on your statement. Some banks allow enrolment a few days after the transaction date, so you may still have options if you forgot to ask at checkout
6. Check your statement to confirm the monthly instalment amount and start repaying

Things to watch out for when using a 0% instalment plan

Your EPP amount is charged against your available credit limit for the full duration of the plan. On a RM10,000 credit limit with RM6,000 converted to EPP, your available credit for other spending drops to RM4,000. Going over that reduced limit can trigger an over-limit fee.

Missing a monthly instalment is costly. Banks reverse the 0% rate and apply 18% p.a. on the remaining EPP balance for the rest of the tenure. That missed payment is also recorded with CTOS and CCRIS, which can affect your credit score and future loan or card applications.

If you want to settle early, check whether a termination fee applies. Based on plans listed on RinggitPlus, most banks (including Maybank, Standard Chartered, HSBC, Public Bank, and RHB) charge no early termination fee. CIMB charges RM50, AEON's 0% Instalment plan charges RM30, AEON's Flexi plan charges RM50, and UOB's Easi-Payment Plan charges 5% of the outstanding balance.

Best credit cards for 0% easy payment plan 2026

Merchants offering 0% EPP programmes partner with specific card issuers, and the pairing varies widely by bank and retailer. The table below shows the categories most commonly covered. Use it to check whether your planned purchase falls within the EPP scope, then verify participating banks directly with the merchant or your bank's website.

For larger purchases in specific categories, two UOB plans are worth noting.

Education, medical, and luxury purchases (UOB Visa Infinite)

On a minimum single transaction of RM10,000 in any of these categories, you can convert to a 0% plan for 12 months. Subject to terms and conditions.

Overseas and luxury purchases (UOB LuxePay by Lady's Card)

Lady's Card holders (Gold, Platinum, and Solitaire) can convert luxury and overseas purchases to 0% via the UOB LuxePay Easi-Payment Plan, with a minimum spend of RM2,000.

A 0% EPP works well for any planned purchase (gadgets, furniture, appliances, medical bills) where you'd rather keep cash in hand. Picking a card whose EPP merchant network covers where you actually shop matters as much as the tenure options. Compare credit cards on RinggitPlus to find one that fits your spending pattern.

Frequently Asked Questions (FAQs)

What is an easy payment plan (EPP)?

An easy payment plan is a credit card instalment facility that converts a retail purchase into fixed monthly payments, usually at 0% interest, for a set period of 3 to 36 months. Instead of settling the full amount within the standard 20-day interest-free window, you repay in equal instalments with no added cost, provided every payment is made on time.

What is the difference between an EPP and a balance transfer plan?

An EPP converts a new retail purchase into monthly instalments at the point of sale or shortly after. A balance transfer moves existing outstanding debt from one credit card to another, typically at a lower promotional rate, to help you pay down what you already owe. EPP is for new spending; balance transfer is for clearing existing debt. For a detailed walkthrough of how balance transfers work and when they make sense, read How Balance Transfers Work In Malaysia And When To Use Them.

What happens if I miss an EPP payment?

The bank reverses the 0% interest rate and applies the standard finance charge of up to 18% p.a. on your remaining EPP balance for the rest of the tenure. The missed payment is also recorded with CTOS and CCRIS, which can affect your credit score and may complicate future loan or card applications.

What is the minimum purchase amount for an EPP?

It varies by bank, and for Bank Islam, it also varies by tenure. Bank Islam's IPP minimum is RM150 for a 3-month plan, rising to RM300 (6 months), RM600 (12 months), RM900 (18 months), RM1,200 (24 months), and RM1,800 (36 months). Most other banks apply a flat minimum: RM500 for HSBC, OCBC, RHB, BSN, and AmBank; RM1,000 for Maybank EzyPay and CIMB 0% Easy Pay; and RM2,000 for UOB's LuxePay Easi-Payment Plan.

Can I pay off my EPP early?

Yes, but some banks charge a termination fee. Most banks (including Maybank, Standard Chartered, HSBC, and RHB) waive the fee entirely. CIMB charges RM50, AEON's 0% Instalment plan charges RM30, AEON's Flexi plan charges RM50, and UOB's Easi-Payment Plan charges 5% of the outstanding balance.

Does an EPP reduce my available credit limit?

Yes. The full EPP amount is deducted from your available credit limit for the duration of the plan. On a RM10,000 credit limit with RM6,000 in EPP, your available credit for other spending drops to RM4,000 until the plan is fully settled.

Can a supplementary cardholder use an EPP?

EPP programmes are available to the principal cardholder by default. Some banks allow supplementary cardholders' purchases to be combined with the principal cardholders to meet the minimum amount, but this varies by bank and is not universal. Confirm directly with your bank before assuming it applies.

Is there a maximum tenure for a 0% EPP?

Most banks offer 0% EPP tenures up to 24 or 36 months, with shorter options of 3, 6, and 12 months also available. Some plans offer longer tenures at a higher rate. Maybank EzyPay PLUS starts from 9% p.a., for example. Confirm whether your chosen tenure qualifies for 0% before enrolling.

Not sure if an EPP is what you need?

If you're reading this because you already have an outstanding credit card balance you're struggling to clear, an EPP probably isn't the right tool. EPPs convert new purchases into instalments. What you may actually need is a balance transfer plan, which moves your existing debt to a lower or 0% promotional rate so you can pay it down faster with smaller monthly payments.

For a full walkthrough of how balance transfers work and whether one suits your situation, read How Balance Transfers Work In Malaysia And When To Use Them first, then compare your options.