Unlock Smart Financial Choices with VIB Credit Card Installment Payments

Discover the modern financial solution that empowers users to maintain flexible cash flow, manage spending proactively, and build a transparent credit history, all while enjoying fast and convenient shopping experiences.

When Payment Cards Are More Than Just for Spending

Meet Minh, a 23-year-old freelance graphic designer who believes in spending money efficiently. For Minh, purchasing work equipment isn’t just about “having money and paying”; it’s about choosing the most rational option to keep cash flow flexible. One morning, while working on a client’s branding project, Minh’s trusty laptop from college suddenly crashed. With deadlines looming and clients waiting, Minh urgently needed a new laptop. Suitable models cost around 20 million VND—affordable but not ideal for a one-time payment, especially with plans to invest in software and upgrade filming equipment. Without a credit card, Minh opted to purchase a laptop at a major electronics store, choosing a monthly installment plan via VIB’s international payment card at approximately 1.66 million VND per month.

Minh’s story isn’t unique. Within a week of its launch, VIB’s installment solution for payment cards attracted millions of users, particularly young individuals without credit cards. For the first time in Vietnam, a bank has introduced installment features—traditionally exclusive to credit cards—directly onto payment cards, enabling safe and transparent credit access.

This solution stands out for its flexibility, offering two options tailored to diverse spending needs.

Option 1: 0% Interest Installments at Over 100 Partners

For high-value purchases, users can opt for 0% interest installments at VIB’s network of over 100 partners. Key benefits include no interest, no setup fees, and no periodic maintenance charges. For instance, a 30 million VND purchase paid over 12 months requires only 2.5 million VND monthly, totaling exactly 30 million VND.

Users can choose repayment periods from 3 to 36 months based on their financial capacity. VIB’s partners span electronics, education, travel, fashion, and lifestyle, catering to diverse needs.

Like Minh, who saved nearly 2 million VND on a 20 million VND laptop purchase through VIB’s 0% installment plan, users also enjoy rewards and cashback on transactions.

Option 2: Flexible Installment Conversion on Max App

This option allows users to pay with their VIB international payment card first and later convert transactions to installments via the Max app. Eligible transactions include purchases over 3 million VND, with no restrictions on partners or categories. Repayment terms extend up to 60 months, minimizing monthly payments.

VIB offers competitive installment rates starting at 0.79%/month, significantly lower than typical credit card or personal loan rates. For a 20 million VND installment over 12 months, users pay approximately 1.9 million VND monthly, including principal and interest.

Converted transactions still qualify for cashback/rewards programs. For example, VIB Smart Card users can earn up to 5% cashback on online transactions, with potential annual savings of up to 10.8 million VND. Competitive rates combined with cashback make this a cost-effective spending solution, previously exclusive to credit cards.

Tran Huong, a 35-year-old accountant, purchased a 45 million VND family trip to Japan without dipping into savings. Using VIB PayEase, she appreciated its flexibility: “I paid with my VIB card first, then converted to installments later. Paying under 2 million VND monthly over 36 months is manageable, and I kept our emergency fund intact.”

VIB’s installment solution via international payment cards is a modern financial product, enabling safe, transparent, and fully online credit access—ideal for young users new to credit. Now, everyone can confidently manage personal finances, turn dreams into reality, and build a solid credit history for future endeavors. Open a VIB payment card via Max app and experience flexible installments here.