Pay for your purchase in easy instalments

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

Buy now, pay in instalments

If you’ve made a big purchase and would like to pay in instalments, you can convert your transaction into a convenient instalment payment plan. What’s more, you can choose between a regular Instalment Payment Plan (IPP) and a 0% interest Instalment 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 Instalment Payment Plan (IPP) or a 0% interest Instalment Payment Plan.

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

Regular Instalment Payment Plan

To apply for a regular Instalment 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 Instalment Payment Plan

To apply for a 0% interest Instalment 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 instalments. Read more about our Balance Conversion Plan.

Converting purchases into instalments

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

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

Cancelling your Instalment Payment Plan

You can cancel your Instalment 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 Instalment Payment Plans and is based on your credit card history and usage. The interest rate is subject to change at anytime.

0% interest Instalment 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

Can I change the tenure of my Instalment Payment Plan?

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

What happens if I miss paying an instalment towards my Instalment Payment Plan?

If you fail to pay your instalments for two consecutive months, your plan will be foreclosed. Your entire outstanding Instalment 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 .

Can I still earn reward points if I convert my transaction to a regular or 0% interest Instalment Payment Plan?

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

Skywards Credit Cards
Skywards Business Credit Cards
Marriott Bonvoy® World Mastercard® Credit Card
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

My credit card dues have built up over the last few months. What options do I have?

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

Am I eligible for an Instalment Payment Plan for a purchase that is more than two months old?

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

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