Skip to main content

How to Split a Purchase into Installments

Shop as Usual

Complete your purchase at any participating online store using your SIB Credit Card.

Select Installments

Choose the Easy Payment Plan option at checkout to split your purchase into installments.

Confirm Payment

Confirm the payment with your SIB Credit Card to complete the installment setup.

Shop as Usual

Complete your purchase at any participating online store using your SIB Credit Card.

Complete the Payment

Pay the full amount with your SIB Credit Card and keep the invoice.

Contact Us

Call 800 124 8000 within 20 days of the purchase date.

Activate Installments

Request to convert your purchase into easy installments during the call.

Easy Payment Plan Overview

Payment Method

Payment must be completed using a SIB Credit Card.

Transaction Limits

Transaction must be at least $ 1,000, with the maximum amount capped at 90% of the available credit limit.

Credit Card UsedSIB Visa Signature
Store Shopped AtFurniture store
Purchase Amount 75,000
Profit Rate (Paid Monthly)0.89%
Installment Period12 months
Monthly Installment Amount 6,917.5
Service Fee (Paid Once)1%

View full Terms & Conditions

Features & Benefits

Large Purchase Coverage

Cover high-value purchases such as furniture, electronics, and home appliances by converting them into manageable installments.

Zero-Profit Installment Option

Convert eligible purchases into equal monthly installments at 0% profit when shopping with participating partners.

Lottie file

Flexible Payment Terms

Choose from 3, 6, 9, 12, or 18-month installment plans to match your financial needs.

Consolidated Transaction Management

Combine more than one eligible purchase into a single Easy Payment Plan for simpler repayment.

Lottie file

Rewards on Installment Payments

Earn Rewards points on every installment payment, with rewards applied to each eligible transaction.

Easy Payment Plan Partners

Frequently Asked Questions

Yes. The minimum transaction value eligible for enrollment is 1,000. The maximum amount that can be enrolled is up to 90% of the Credit Card limit.

Yes. A fee of 50 is charged for each transaction converted under the program.

Yes. Rewards points are earned on transactions made using the credit card, including those converted to the Easy Payment Plan.

Multiple transactions can be converted, provided the total converted amount does not exceed 90% of the Credit Card limit.

We’re Always Within Reach

Stay connected to your banking, through our customer care team, digital channels, and branches everywhere.

hand

Customer Care

Submit inquiries, raise complaints, and access support anytime.

Image

Branches & ATMs

Easily locate branches and ATMs wherever you are.

Image

E-Banking Services

Bank smarter and faster with our secure digital platforms.