Do you still get credit card miles/points/cashback if you convert your payment into interest-free instalments? - Seedly
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Dylan Tan

Asked on 14 Jan 2020

Do you still get credit card miles/points/cashback if you convert your payment into interest-free instalments?

Will converting my payments into interest-free instalments have any impacts on my credit cards rewards program?

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It depends on the individual credit cards. In most cases, you will not be awarded rewards for instalment.

Check the terms for the most accurate information.

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1 comment

ūüĎć 1
Dylan Tan
Dylan Tan

14 Jan 2020

Thank You!
HC Tang
HC Tang, Financial Enthusiast, Budgeting at The Society
Level 9. God of Wisdom
Answered on 14 Jan 2020

Most of the time those interest free installment will not entitle to cashback / miles / points.

Eg. UOB One card T&C at: https://www.uob.com.sg/assets/pdfs/one_card_full_tnc.pdf

Point 5 as attched:

Point 5(e) statest that 0% / interest free installment plan will not qualify for cash rebates.

So best is Save the full sum and pay one short before buying to reap the full cc benefits.

2 comments

ūüĎć 1
Dylan Tan
Dylan Tan

14 Jan 2020

This is so helpful ūüĎć
HC Tang
HC Tang

14 Jan 2020

Thank You!