Yes as long as you are holding debit or credit card issued by Singapore banks and you have successfully activated Grab Pay Later service. Again credit approval is subject to individual service provider and we do not have control over it.
FAQ Category: Installment Payment
Do you accept American Express credit card?
Currently no.
Do you accept credit cards issued by other banks for credit card installment?
No, currently only for DBS/POSB credit cards only.
I am not sure if I am using normal ATM card or debit/credit card. How can I check it?
Pls check if you card has “visa” or “mastercard” logo. If yes, you are using debit or credit card. If not, it is normal ATM card.
Do I need to come down to your retail shopfront to buy with installment?
Not necessary for Grab Pay Later installment. You can purchase online. However if you want to make split payment with installment, you have to come down to our shop. For DBS/POSB credit card installment also, you have to come down to our shop at #02-65A Peninsula Plaza since we do not have online payment gateway for it.
How much balance I have to maintain in my bank account to get installment approval for my debit card?
Well we are not service provider and we can not say it for sure. But at least sufficient balance for your first payment. Again we believe every service provider has their own algorithm to detect the risk and it is up to them for final approval.
Do I need to have balance in my bank account to get installment credit approval?
Yes for Grab Pay Later installment with debit card because Grab will deduct first payment from your bank account immediately upon purchase. If you do not have sufficient balance, the first payment will not be successful. For credit card, it may not be necessary to have sufficient balance but your credit limit must cover total purchase amount.
Can I collect my purchase item on the spot after installment credit approval?
Yes of course. If your credit is approved, you can take away your item on the spot or we can start preparing delivery to you.
My purchase amount is higher than my credit limit. How can you help me on that?
We can not help you increase your credit limit. However, if you can top up balance amount by cash or bank transfer/paynow, you can come down to our store at #02-65A Peninsula Plaza and we can help you arrange split payment for you.
How long I have to wait for installment credit approval?
Credit approval is immediate for all transactions if you are eligible. If your transaction is not successful on the spot, it will be cancelled later. Better check your credit limit before you try again.