A brand new product provided in-house from COURTS, Absolute 0% currently applies specially to Samsung electrical products, and is available at all COURTS stores, for purchases priced between S$150 to S$5,000.
Absolute 0% offers the convenience of splitting your purchase across three monthly payments at 0% term charge. The first payment is for 50% of the purchase amount, and the subsequent two payments at 25% each. With Absolute 0%, the purchase will not be subject to any administrative fees, advance credit card charges, surcharges or processing fees.
To be eligible, customers must own a credit card (locally issued Visa or Mastercard only) and be between 21 to 65 years of age, and be a Singapore or Permanent Resident. Customers will be required to furnish their Identification Card for verification.
Here is a summary of the differences:
|COURTS Absolute 0%
||Credit Card 0% Instalment Payment Plan (IPP)
|Zero processing or administrative charges.
||Processing or administrative charges may apply.
|Only the monthly payment is charged to the credit card limit.
||Full purchase amount is blocked from credit card limit.
|Zero charge for early settlement.
||An administrative charge will be levied for early settlement.
|You can continue to earn credit card rewards such as cash back, points or miles with your purchase.
||Credit card rewards cannot be earned for the purchase amount.
Yes, late fees are charged at a flat S$29.99 charge for the first late payment, seven days after the due date. If the account is not settled by the seventh day after the due date of the second and final payment, the balance, including any late fees incurred, will be converted to a 12 months instalment plan at 15.99% p.a.
If you are a new customer who is looking to apply, you may reach COURTS Customer Service hotline at 1800 222 6868.
If you are an existing Absolute 0% customer, you may email firstname.lastname@example.org or call +65 6500 4168 to request for assistance from our Customer Account Management team.