What is Flexi-Money Interest-free Installment Plan
OCBC Credit Card "Flexi-Money" interest-free installment plan converts your available credit limit into handy cash for flexible use.
- Personalised monthly handling fee is as low as 0.20%*
- Repayment period is up to 36 months
- Quick approval; approved amount will be directly deposited to your designated bank account within 3 working days
Example - calculation of the monthly repayment amount for the OCBC Credit Card "Flexi-Money" Interest-free Installment Plan
Assume withdrawing HK$500,000 with a monthly handling fee of 0.20% and repaying by 24 months
| "Flexi-Money" Instalment Amount | Monthly Handling Fee | Monthly Installment Amount | Monthly Repayment |
|---|---|---|---|
| HK$500,000 | HK$1,000 (HK$500,000 x 0.20%) |
HK$20,834 | HK$21,834 |
* Note：The 0.20% personalized monthly handling fee of “Flexi-Money” Interest-free Installment Plan is applicable to selected customers and the approved withdrawal amount has to reach the specific requirement, and is for reference only.
Calculate your monthly repayments
You may enter your instalment amount in Loan Calculator to calculate your monthly repayment.
- Select “Instalment Loan” at “Loan Type” and “Product Type”
- Enter your Loan Amount, Loan Period and Monthly Flat Rate, then select “Calculate”
The result of the loan calculator is for reference only and the actual repayment liability depends on the actual terms of each borrowing arrangement.
