Can I convert transactions outside the partner merchant network into installments? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Can I convert transactions outside the partner merchant network into installments?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Yes, most banks allow you to convert any purchase (or sometimes a cash advance) into installments with a phone call, but in this case a reduced installment interest rate is charged, which differs according to the installment tenor (from 6 months up to 36 months).

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