What it means
Converting a large card purchase into fixed monthly instalments, sometimes at 0% with a processing fee.
Credit Cards
Easy Payment Plan
Also: Instalment planConverting a large card purchase into fixed monthly instalments, sometimes at 0% with a processing fee.
CategoryCredit Cards
Pro tip inside1 quick win
What “Easy Payment Plan” really means
The meaning, how it works in the UAE, and why it matters to your money.
How it works in the UAE
Many UAE cards let you convert a large purchase into fixed monthly instalments, sometimes at 0% interest with a processing fee.
Why it matters
It spreads a big cost without paying card interest, if the fees are low.
EXAMPLE
A AED 6,000 phone split into 12 instalments.
PRO TIPCompare the processing fee with what you'd pay in interest otherwise.
Test yourself
Which of these best describes Easy Payment Plan? Tap an answer.
Read more about Easy Payment Plan
Guides that use this term — and a tool to put it into practice.
