Upon approval of your Split Bill/Split Payment Application, your available Credit Limit on your Mari Credit Card will be further reduced by an amount equivalent to the Split Bill/Split Payment Processing Fee.
Your available Credit Limit will then be progressively restored each time we receive an instalment payment.
Using a Split Payment Application as an example: You made a transaction of S$3000 on your Mari Credit Card, the Credit Limit available on your Mari Credit Card is thereby reduced by S$3000. Assuming this S$3000 transaction is an eligible transaction and assuming a Split Payment Processing Fee rate of 1.50%, the Split Payment Processing Fee (one-time non-refundable processing fee) for this S$3000 transaction would be S$45. The Credit Limit available on your Mari Credit Card would therefore be further reduced by another S$45 upon a successful Split Payment Application.
Assuming you applied for a Split Payment Application with 3-month tenor, after repaying the first Split Payment Instalment Amount and Split Payment Processing Fee, your available Credit Limit will be restored by S$1045 (S$1000 Split Payment Instalment Amount, S$45 Processing Fee)
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