Hong Kong’s ZA Bank launch new credit card repayment feature
Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.
Hong Kong’s ZA Bank has launched ZA Bill Master, a card statement instalment programme, that enables users to pay their Visa or Master credit card bills issued by any bank through the ZA Bank app.
Users do not have to repay within the first 30 days after the successful drawdown of the Card Statement Installment Programme, with a repayment period option of up to 72 months.
The monthly handling fee could be as low as 0.1% or HK$100 for an instalment amount of HK$100,000.
As a launch bonus, from 19 August until 30 September, ZA Bank is offering both existing and new users a one-off cash rebate of up to 2% on the total instalment amount for each card statement logged upon successful application and drawdown.