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 Shopee installment payment, how it works?

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TSinfested_ysy
post May 26 2021, 02:45 PM, updated 5y ago

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Say my credit card limit is 5k

I buy something on shopee, price is 8k.

If I choose 18 months installment, will be RM444 a month
Can I buy?

Because I notice when I pay with my maybank credit card with 18 month installment chosen, the page seems like it still wants to charge me full amount 8k upfront, and denies my payment after I enter OTP
TSinfested_ysy
post May 26 2021, 04:38 PM

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From: Melaka
QUOTE(persona93 @ May 26 2021, 02:53 PM)
yes correct

will charge you upfront 8k, so with your credit limit 5k cannot lepas

if lets say your credit limit is 10k, after kena charge 8k, only 2k is available for you

every month you pay RM444, that RM444 will be added to your 2k credit limit, so 2000, 2444, 2888 so on so forth
*
Ooooh ok. Which means if I want to, I can just pay off the entire 8k on the next month if I want to, right?

 

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