Installments
What is the Liobank Credit Card Installment Plan?
The Liobank Credit Card Installment Plan allows you to split eligible credit card transactions into multiple monthly installments, making it easier to manage your spending with a reasonable monthly fee
What are the eligibility requirements for the Liobank Credit Card Installment Plan?
To be eligible, you must:
- Have an available credit limit
- Have no overdue payments on your credit card account
What fees apply when converting a transaction into installments?
- Up to 1.99% per month of the outstanding principal for purchase transactions
- Up to 2.2% per month of the outstanding principal for cash withdrawal transactions
- 4% of the remaining installment balance if you choose to end the installment plan before its scheduled completion
Which transactions can be converted into installments?
You can convert purchase transactions of VND 1,000,000 or more into installments. Statement balances are not eligible for installment conversion