Live your dream with ANZ Fixed Payment Plan (FPP)

Everything that you have been dreaming, purchase with ANZ Credit Card now and convert to ANZ Fixed Payment Plan right after transaction is made to pay later with special interest rate.

Manage your finances - Live your life

credit card
No conversion fee for ANZ Fixed Payment Plan Campaign with ANZ Credit Card.

Special Features:

  • Apply for ANY transaction from VND 3 millions.
  • Attractive interest rate from 1.71%.
  • Tenors up to 18 months.
  • Transactions can be converted at any time.
  • NO conversion fee.

Promotion Period: 10/08 – 16/10/2017

credit card Call 19001276 to join

* Include international/local POS and online transactions from VND 3 million. The total FPP payment amount (including transaction amounts and FPP interest) should be within available credit limit.

Transactions can be converted at any time but by billing cycle date.

 

Who are qualified for Fixed Payment Plan?

  • Vietnamese having ANZ Credit Card.
  • The account Credit Card is in good credit standing.
Interest rate*: from 20.5% p.a. (on reducing balance), equivalent to 11.34% p.a. (on beginning balance)
Fees types Amount
Instalment conversion fee VND 400,000
Early repayment fee 2% of outstanding balance (min VND 200,000)
Compare interest rate on reducing balance and beginning balance
Tenor Interest rate on reducing balance Interest rate on beginning balance
6 months 21.5%/p.a.(1.79%/p.m.) 12.73%/p.a.(1.06%/p.m.)
12 months 21%/p.a.(1.75%/p.m.) 11.74%/p.a.(0.98%/p.m.)
18 months 20.5%/p.a.(1.71%/p.m.) 11.34%/p.a.(0.95%/p.m.)
Estimate FPP monthly payment with different tenors
Tenor Annual interest rate Instalment amount (VND) Monthly payment (VND)
6 months 21.5% 15,000,000 2,659,090
12 months 21% 15,000,000 1,396,707
18 months 20.5% 15,000,000 975,057
Compare FPP monthly payment in two methods of interest calculation
Below is the example of interest calculation for instalment amount of VND 15,000,000 in tenor 6 months
Month The calculation on reducing balance The calculation on beginning balance
  Principal Interest Monthly payment Principal Interest Monthly payment
1 2,390,340 268,750 2,659,090 2,500,000 159,090 2,659,090
2 2,433,167 225,923 2,659,090 2,500,000 159,090 2,659,090
3 2,476,762 182,329 2,659,090 2,500,000 159,090 2,659,090
4 2,521,137 137,954 2,659,090 2,500,000 159,090 2,659,090
5 2,566,307 92,783 2,659,090 2,500,000 159,090 2,659,090
6 2,612,287 46,803 2,659,090 2,500,000 159,090 2,659,090
Total 15,000,000 954,542 15,954,542 15,000,000 954,542 15,954,542

The above calculation is estimated for illustrative purposes only; it does not constitute an actual approval of instalment amount or monthly payment.

* Effective from 01st June 2016.

CallCall 1900 1276 – ext.5 to convert your transaction to FPP at any time after the transaction is made, but by billing cycle date.

 

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