0% installment loan anytime, anywhere

Product Description

Is a benefit for Kienlongbank credit cardholders that allows them to convert each transaction of goods/services purchases by credit card into installment loan with 0% interest rate and conversion fee is only from 1%.

Types of cards applied

Benefits

Shopping anytime, anywhere with best prices;
Attractive interest rate of 0% during installment period;
Low installment conversion fee, only 1% for 3-month term;
Flexible repayment period of 3, 6, 9 or 12 months;
Unlimited number of loans/customer.

Conditions

Installment service is applicable to purchases of goods/services at merchants or online domestically and internationally with international credit cards issued by Kienlongbank that have been debited to card account of customers.
For details see the Terms and Conditions here .
( => update file Appendix 1: Terms and conditions)

Service charge

Installment conversion fee collected from the Cardholder:

3 months: 1% of installment value;

6 months: 3% of installment value;

9 months: 6% of installment value;

12 months: 8% of installment value.

Early settlement fee: Free of charge

Installment rate: 100% or less as chosen by the Customer.

For more information, please contact: 24/7 Customer Support Service Center: 1900 6929 Kienlongbank branches / transaction offices nationwide.

Object - Profile

Target customers

Primary and subordinate cardholders.
Primary cardholder can register installments for all transactions of primary and subordinate cards while subordinate can register installments for subordinate card only.

Procedure

Step 1: Cardholder purchase goods and services and make payment by Kienlongbank credit card.
Step 2: Cardholder call Customer Service Center at 1900 6929 or contact Kienlongbank Branch/Transaction Office to register.