CITIBANK EQUAL PAYMENT PLAN

0% installment plan.

The smarter way to pay.

Installment Plan
  • 0% interest installment plan with flexible payments at over 1000 locations.
  • More disposable cash in your accounts, earning interest for you
  • Stretch your dollar to pursue your desired lifestyle
Citi Rebate

0% Installment Plan

  • 0% interest installment plan with flexible payments at over 1000 locations.
  • More disposable cash in your accounts, earning interest for you
  • Stretch your dollar to pursue your desired lifestyle
Benefits

Enjoy 0% interest installment plan and no other charges from us when you pay using EPP.

Easy and intuitive to use. Enjoy up to 24 months installment on your purchases.

Indulge in your shopping pleasures at over 1000 participating stores.

How it works

Simply ask for Citibank EPP on merchants' counters and charge transactions to your Citibank Visa or MasterCard credit card. The EPP transaction details will be reflected on your monthly credit card statement over your chosen repayment period.

FAQs
  • Firstly, EPP is interest free with no additional charges imposed by the bank, if you pay the full outstanding installment amount promptly by the statement due date.
  • This gives you the freedom to spend the additional money that would have been used if you paid for your purchase in full. You may even earn interest on such sum if you choose to deposit it with us. Check out our deposit products by clicking here.

No. Late fee or penalty is only caused by late repayment of outstanding payable on your monthly Citibank credit card statement of account.

There are no messy bills to manage, as EPP transactions are shown on your monthly Citibank credit card statement of account, together with other credit card transactions. It will set out the name of the merchant, installment amount due, and the number of payment installments to pay off the total amount under the EPP.

Credit card limit is blocked for total amount of purchased goods and services. The credit limit locked in, will be released each month by repayment of the installment. This means, the same credit limit amount will be ear-marked against your total available credit limit, be it whether you made full payment or used EPP for your purchase. With this in place, it will not be possible for you to exceed your budget by over-spending.

Unfortunately, no. Due to the cost incurred in stretching your repayment period, we are unable to provide further rewards or rebates to you.

Most of our merchants offering EPP acceptance will display a decal that states "0% interest-free installment with Citibank credit card".

We suggest you :

  • Ask the merchants if they offer EPP before you make a purchase; and
  • Pay attention to our EPP promotion information through the various media channels (SMS, electronic direct mailers and etc).

You can pay through EPP directly on merchants' counters when you buy the products or services. If you want to convert a payment into EPP after the transaction has been processed, you will be required to request for the merchant to reverse the transaction and perform it again as an EPP purchase.

You can call our 24-hour Citiphone hotline for the cancellation. This will take a minimum of 3 working days for the EPP cancellation to take effect. The full outstanding account will be reflected in your subsequent monthly Citibank credit card statement of account. You will be required to settle the amount in full by the payment due date failing which you will be charged with the relevant late and interest charges in connection with the late repayment of your outstanding owed on your credit card account(s).

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Terms and Conditions: Terms and Conditions:

  1. You agree that your participation in this interest-free Equal Payment Plan ("EPP") installment scheme will be governed by these terms and conditions ("Terms"), and any other rules, procedures or instructions which we, Citibank Singapore Limited, may from time to time issue.
  2. You will also continue to be bound by the Citibank Cardmember's Agreement and all terms and references used, defined or construed therein and in our materials shall have the same meanings and construction in these Terms.
  3. You and/or your supplementary cardmember may purchase the selected product(s) and/or service(s) from our designated merchants under EPP by making payment for the purchase amount of such product(s) and/or services(s) ("Purchase Amount") in equal installments ("EPP installments") over the selected tenure as stated in the attached authorisation form or on a separate terminal-generated charge slip. Please note that notwithstanding that you will be making payment to us for the Purchase Amount via EPP installments, we would have made full payment of the Purchase Amount to the relevant merchant. Accordingly, you will be liable to us for the entire Purchase Amount.
  4. By signing the said authorisation form or charge slip, you are deemed to have irrevocably and unconditionally agreed that each EPP installment will be billed to your card account starting from the month after your purchase without the need for further signatures to be obtained. Each EPP installment billed will be reflected in your monthly statement of account as a normal charge to your card account and be payable by you in accordance with the terms of the Cardmember's Agreement. In particular, please note that the usual interest charges and late payment charges will be levied if applicable.
  5. You understand that, upon processing the authorisation form or charge slip, your available combined credit limit will be provisionally reduced by blocking out an amount equivalent to the Purchase Amount, but will be progressively restored by the amount of each EPP installment as each EPP installment is paid and to the extent that actual payment is received by us.
  6. You may participate in EPP only if you ensure that:
    • the amount of the Purchase Amount is not less than the minimum amount determined by us from time to time;
    • the available combined credit limit for your card account is sufficient to block out the Purchase Amount of your selected product and/or service; and
    • you are not in breach of the Cardmember's Agreement.
  7. Upon the occurrence of any one or more of the following events, we shall be entitled to bill the aggregate sum of the remaining EPP installments to you forthwith:
    • you are in breach of any of these Terms or any provision of the Cardmember's Agreement;
    • the available combined credit limit for your card account is sufficient to block out the Purchase Amount of your selected product and/or service; and
    • we terminate or suspend your card account;
    • you terminate your card account;
    • you terminate the EPP transaction;
    • you successfully return the product(s) and/or cancel the service(s) purchased under EPP to the merchant and obtain a refund therefore;
    • your death, bankruptcy or other legal disability; or
    • any provision herein is declared by any judicial or competent authority to be void, voidable or otherwise unenforceable.

      The net amount will be reflected as a charge in your monthly statement of account and, except in the situation stated in clause 7(f) above, be payable by you in accordance with the terms of the Cardmember's Agreement. If clause 7(f) applies, the merchant will pay the refunded amount directly to your card account and this will be reflected in your statement of account.

  8. In the event that you voluntarily close your card account or terminate the EPP transaction, an administrative fee of S$100 (or such other amount as we may from time to time in our discretion determine and notify to you) will be levied for the processing of such accelerated repayment. Such fee will be payable regardless of subsequent revocation of such repayment or your failure to make full repayment and will not be refundable.
  9. Certain Citibank co-brand card partner merchants and Rewards Program merchants may have opted to allow EPP purchases to be made and may also opt whether or not to allow the issuance of rewards dollars in conjunction with a EPP purchase. If such merchants allow an item to be purchased under EPP after allowing the redemption of rewards vouchers/dollars against that item, the Purchase Amount less any redemption must still be greater than the minimum amount determined by us. In any event, such merchants must also abide by any other conditions or restrictions imposed by the merchant or us.
  10. We are not the manufacturer or supplier (or the agent thereof) of any of the products featured. We shall not be in any way liable, for any claim, injury, expense, loss or damage brought or incurred by any party whosoever, or for any other matter arising from or in connection with the use of any product or supply of any service purchased hereunder or your participation in EPP. Any complaints or comments in relation to any product or service purchased or any accompanying terms and conditions are to be directed to the supplier.
  11. Purchases of product(s) and/or services under EPP will not earn CitiDollars (as defined in the Citibank Rewards Terms and Conditions).
  12. We reserve the right at our absolute discretion to vary, delete, add to or in any way amend these Terms from time to time without notice.
  13. Our decision on all matters relating to EPP shall be final and no correspondence shall be entertained.