Pay for your purchase in easy installments

Made a big purchase? Convert your credit card payment into easy installments instantly

Buy now, pay in installments

If you’ve made a big purchase and would like to pay in installments, you can convert your transaction into a convenient installment payment plan. What’s more, you can choose between a regular Installment Payment Plan (IPP) and a 0% interest Installment Payment Plan. Applying is easy, just follow the instructions below.

Eligibility

Primary credit cardholders can convert any transaction done in the last 55 days. This means the transaction should be in your latest statement or current billing cycle. You can apply for a regular Installment Payment Plan (IPP) or a 0% interest Installment Payment Plan.

Please note, supplementary credit cards, business credit cards, forex credit cards and the Webshopper card are not eligible.

Regular Installment Payment Plan

To apply for a regular Installment Payment Plan, your transaction needs to be worth a minimum of AED 750. You can apply for 12, 18, 24, 36 or 48 equated monthly payments.

0% interest Installment Payment Plan

To apply for a 0% interest Installment Payment Plan, you need to have made a purchase at one of our participating partners.

You can also convert your entire credit card outstanding amount into easy installments. Read more about our Balance Conversion Plan.

Converting purchases into installments

You can convert a purchase into installments at the time of purchase. Please remember that only a primary credit cardholder can apply for an Installment Payment Plan.

Tip: If your supplementary cardholder is making a big purchase they want to convert to installments, you can have them make the purchase and request you to convert the transaction to an Installment Payment Plan.

Choose one of the options below for steps to apply for an installment plan:

 

Cancelling your Installment Payment Plan

You can cancel your Installment Payment Plan at any time, but note that a foreclosure fee applies.

Choose one of the options below for steps to cancel your plan:

 

Fees, charges and interest

A nominal interest rate applies on regular Installment Payment Plans and is based on your credit card history and usage. The interest rate is subject to change at anytime.

0% interest Installment Plans have a processing fee of AED 51.45 (inclusive of VAT) per transaction.

A foreclosure fee of 1.05% of the remaining balance (inclusive of VAT) applies.

For more details, read out Schedule of Credit Card Fees and Charges.

FAQs

You can’t change the tenure of an Installment Payment Plan but you can cancel the plan. Remember that a foreclosure fee applies if you cancel.

If you fail to pay your installments for two consecutive months, your plan will be foreclosed. Your entire outstanding Installment Payment Plan amount will immediately be due for payment in full. Any remaining outstanding balance will attract our regular finance charges. Read more in our Schedule of Credit Card Fees and Charges.

You will earn reward points if you convert your transaction to a regular Installment Payment Plan, however rewards will be forfeited for transactions converted to a 0% interest Installment Payment Plan except for the following credit cards:

  • Skywards Credit Cards
  • Skywards Business Credit Cards
  • On dnata cards, transactions conducted at dnata outlets and dnata online
  • U by Emaar Credit Cards on Emaar spends
  • LuLu Credit Cards on LuLu spends

If your transactions are not in your current billing cycle or last statement, you can’t opt for an Installment Payment Plan, but you can apply for a Balance Conversion Plan.

No, you can only convert purchases that are in your latest statement and current billing cycle into Installment Payment Plans.