The Minimum Loan Repayment rate has been decreased to
min. payment 5%
min. payment 8%
min. payment 10%
The minimum payment amount will be automatically adjusted in your bill, from April 2020 onwards. You do not need to contact TMRW.
You can also request for the following:
Defer the principal and interest payments for 3 cycles
Convert your outstanding balance* into an installment plan of up to 48 months
(For direct impacted customers as per the Bank criteria, interest rate will be adjusted to 12%)
*Excluding installment transaction occurred before joining this programme
Customers are able to register this Financial Assistance Program from now till 30 June 2020 through:
How would I know the monthly instalment amount that I will be charged?
The monthly instalment amount will be estimated and provided to you during the in-app application for your reference. The same repayment schedule will also be featured under the TMRW Credit Card 'Services' tab, scroll to 'Manage loan', tap on 'View repayment schedule' after you have taken up the loan. The amount provided may differ slightly, depending on the date and calendar days of the month the loan was taken.