Interest-free monthly instalments (PayLite)

Stretch your credit card purchases
into interest-free monthly instalments

Eligibility

  • Existing OCBC Credit Cardmembers (excluding OCBC Cashflo Credit Card, OCBC GE Cashflo Credit Card, and Debt Consolidation Card)
  • Applicable for retail transactions of minimum S$100 in a single transaction

Apply now

What is PayLite

PayLite eases the burden of big purchases by letting you split any OCBC Credit Card purchase of S$100 and above into interest-free, fixed monthly instalments of up to 24 months.

Current Promotions

Online Exclusive Promotion

Online Exclusive Promotion: Enjoy up to S$40 Cashback when you apply for PayLite Online!

For purchases of at least S$500, enjoy S$10 Cashback when you opt for 12 months, S$15 Cashback for 18 months, and S$20 Cashback for 24 months. If your purchase value is S$1,500 or more, receive double the cashback! Eligible only for PayLite applications via Online Banking or Online form from now till 31 March 2018.

Terms and Conditions apply

Benefits

Low one-time processing fee
Affordable one-time processing fee starting from as low as 3% of your transaction amount.

Available for any merchant
Stretch any of your local, overseas or online purchases over S$100 into interest-free monthly instalments

Rates and Tenures

Your purchases (illustration) Fitness Package Price: S$1,800 New Laptop Price: S$2,700 New car accessories Price: S$2,100 Designer Bag Price: S$1,200 2-Night Villa Stay Price: S$1,800
Period 24 months 18 months 12 months 6 months 3 months
Monthly Instalment Amount $75 $150 $175 $200 $600
One-time processing fee ( based on transaction amount) S$162 (9% of S$1,800) S$189 (7% of S$2,700) S$105 (5% of S$2,100) S$36 (3% of S$1,200) S$54 (3% of S$1,800)
Effective interest rate 9.15% p.a. 9.23% p.a. 9.50% p.a. 10.43% p.a. 18.18% p.a.

3 ways to apply

Call us at
1800 363 3333