Manage Credit Card Bills with MariBank’s Split Payment

Manage Credit Card Bills with Split Payment

17 Apr 2026

Did you know that the Mari Credit Card comes with an instalment payment plan too? That’s right, it’s called Split Payment, which you can use to manage your credit card spendings.

Read on to find out how this feature works, what repayment terms are available, and how you can make the best use of it.

What is Split Payment?

Split Payment is a credit card instalment plan that lets you split eligible transactions into fixed monthly repayments of 3, 6, 9 or 12 months. This feature is only available to holders of the Mari Credit Card.

You can create your own instalment payment plan right on the MariBank app itself (more on this later).

How does Split Payment work?

Split Payment allows your Mari Credit Card transactions to be converted into a monthly instalment plan with fixed monthly payments. This means you can pay off your credit card transactions over a longer period of time, instead of immediately upon your card statement due date.

You can choose repayment terms of 3, 6, 9 or 12 months to repay your credit card transactions.

With different repayment terms available and the ability to choose the transactions you want to split into instalments, Split Payment gives you great flexibility and control over your credit card spends, though it does have its catches—Transactions converted to instalment payments will not earn cashback of 1.5%, and there is a one-time processing fee payable for each successful Split Payment plan.

What happens to my credit limit when I use Split Payment?

When you make a payment with Mari Credit Card, your credit limit is reduced by the transaction amount. When you successfully apply for a Split Payment plan, your credit limit is further reduced by the Split Payment plan’s processing fee, which is payable by the upcoming due date.

As you make each repayment as scheduled, your credit limit is gradually restored.   Here’s a simple example to illustrate the process. Let’s say you spend S$900 on your Mari Credit Card which has a credit limit of S$5,000. You set up a Split Payment for 6 months, with a processing fee of $15.

Here’s how your credit limit will look like as the months progress.

Instalment payment month (S$150 per month)	Credit limit
N/A	S$5,000 - S$900 - $15 = S$4,085
After 1st payment and processing fee	S$4,250 ($4,085 + $15 + $150)
After 2nd payment	S$4,400 ($4,250 + $150)
After 3rd payment	S$4,550 ($4,400 + $150)
After 4th payment	S$4,700 ($4,550 + $150)
After 5th payment	S$4,850 ($4,700 + $150)
After 6th payment	S$5,000 ($4,850 + $150)

As shown above, your credit limit will be temporarily reduced while you have an active instalment payment plan and gradually restore when you repay the instalments. If you require a higher available credit limit to accommodate other purchases, you can apply for a credit limit increase directly in the MariBank App, and it is all digital.

Key things to know before using Split Payments

Minimum transaction amount	S$50
Are multiple transactions allowed?	Yes, you can choose any number of eligible transactions
What type of transactions are allowed?	Only eligible posted retail transactions, which you will see at the transaction selection page when applying for Split Payment
Can I repay my credit card instalment plan early?	Yes, early repayment is available with no additional fees
When is the cut-off date?	Split Payment application(s) must be made before 21st of the month, which is the statement date
Interest rate and fees	One-time processing fee starting from 1.5% of approved transaction amount Effective Interest Rate (EIR): From 5.63% p.a

How much does Split Payment cost?

Split Payment comes with a one-time processing fee that is charged to your Mari Credit Card upon approval of the instalment payment plan.

This processing fee rate starts from 1.5% – depending on your chosen repayment term – and is charged on the total amount approved for the instalment payment plan. See below for more details:

Selected tenure	Admin fee starting from	Effective Interest Rate (EIR)
3 months	1.5%	9.05% p.a.
6 months	2.0%	6.92% p.a.
9 months	2.5%	6.08% p.a.
12 months	3.5%	5.63% p.a.

When should you use Split Payment?

Low interest rate
Essential household appliances such as refrigerators, washing machines and air conditioners can break down. And when they do, replacements need to be immediately purchased.

Pay for your new aircon system using your Mari Credit Card, then convert the amount using Split Payment for a more comfortable repayment schedule.

When you have emergency medical expenses
There are limits on how much of your MediSave you can use annually. This means you may be left with a substantial medical bill during an emergency.  

Use the credit limit in your Mari Credit Card to pay off the hospital bill, then split the transaction over multiple months using Split Payment. This will help you focus more on recovery/caretaking without added financial stress.

When you need short-term cashflow
Unexpected bills can cause a temporary disruption in cashflow. If you find yourself unable to pay all your bills, consider applying for a Split Payment to ease your cashflow.

Converting your transactions into a credit card instalment plan over three (or more) payments will reduce the amount you need to pay. This way, you will have more funds to settle urgent or neglected bills, creating a temporary bridge to meet your cashflow needs.

When you have travel expenses
The cost of holidays can quickly add up, especially when travelling with family members. Instead of stressing out over a mounting credit card bill after your holiday, try using Split Payment for more comfortable repayments.

Convert all your holiday expenses into a credit card instalment plan, or choose just the big-ticket items such as flight tickets or hotel bookings. Either way, you have the flexibility to manage your travel expenses as you see fit.

How to split credit card payments with MariBank?

Follow these steps to split your Mari Credit Card transactions into monthly instalment plans with MariBank Split Payment.

1. On the Maribank app, navigate to Mari Credit Card page.
2. Scroll to the Mari Credit Card Homepage to locate the ‘Split Payment’ bar entry point.
3. Select the transactions you want to convert into an instalment plan, and click ‘Split now with Low Fee’ .
4. Choose your repayment tenure. You can select 3, 6, 9 or 12 months.
5. Check your total amount, tenure selected, and the processing fee. Click “Split Now” to proceed with your Split Payment application.

Is Split Payment right for you?

Split Payment can help you avoid high credit card interest, fees, and late payment penalties that would be incurred if you miss paying your credit card balance in full. It is also a great way to meet temporary cashflow disruptions, while enables you to better manage big ticket purchases.

Besides, keeping up with bill payments is crucial in maintaining a healthy credit score – an important metric when applying for mortgages, loans, and other unsecured credit facilities. So an overlooked benefit of Split Payment is that it can help you maintain creditworthiness if used responsibly. But perhaps the biggest benefit of Split Payment is that it helps to lower financial stress, allowing you to meet your financial obligations at a more comfortable pace for greater peace of mind.   

Need help managing your cashflow or credit card bill?

Try Split Payment today

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