Here’s a Look at Some of the Best Credit Card Installment Plans for the iPhone 17
The iPhone 17 is bound to sell like hotcakes, and it’s highly likely that you have your eyes set on Apple’s latest upgrades too. These flagships are undoubtedly expensive, but instalment plans via participating credit cards are a great way to offset the lump sum cost and spread the payments over time at a 0% interest rate, making the purchase considerably more manageable for your finances.
Credit card instalment plans from banks can vary depending on the seller. In Malaysia, we recommend applying at legitimate Apple Authorized Resellers such as Machines, Switch, Senheng, TMT, and iTworld. Alternatively, you can head to the Apple Store at The Exchange TRX, where credit card instalment plans are also available for the iPhone 17.
Here’s a brief overview of the instalment plans offered by each reseller, along with the participating banks:
| Seller | Instalment Terms (Months) | Participating Banks / Notes | Maximum Instalment Duration (Months) | Special Offers / Notes |
| Machines | 6, 12, 18, 24, 36 | MBB, PBB, HSBC, AmBank, CIMB, Affin, OCBC, Hong Leong Bank, RHB, Standard Chartered, Alliance, UOB | 36 (Min. spend 1K) – Affin, HLB, RHB, Standard Chartered) | 0% interest, mix payment methods allowed in-store |
| Switch | 6, 12, 18, 24, 36 (up to 48 stated) | AEON Credit, Affin, Alliance, AmBank, Bank Rakyat, BSN, CIMB, Hong Leong Bank, HSBC, MBB, OSBC, PBB, RHB, Standard Chartered, UOB | 36 (Min. spend RM1K) – AmBank, Standard Chartered, RHB 36 (Min. spend RM500) – PBB | 0% interest, mix payment methods allowed in-store |
| Apple | Up to 24 | MBB, CIMB, Hong Leong Bank, RHB, AMBANK, AFFIN, HSBC, OCBC, Standard Chartered | 24 | 0% Interest instalments for Apple products, MIN SPEND RM2000 |
| Senheng | 6, 12, 18, 24, 36, 48, 60 | MBB, AMBANK, BSN, CIMB, CITI, Hong Leong Bank, HSBC, PBB, RHB, Standard Chartered, UOB | Up to 60 48 – AMBANK, PBB, Standard Chartered 60 – Standard Chartered | 0% interest, longest instalment duration up to 60 months |
| TMT | 6, 12, 18, 24, 36 | AEON CREDIT, AFFIN, ALLIANCE, AMBANK, BANK RAKYAT, CIMB, Hong Leong Bank, HSBC, MBB, OCBC, PBB, RHB, Standard Chartered, UOB | 36 | Maybank 0% EzyPay up to 24 months on iPhone with TMT Protection Plan |
| iTworld | 6, 12, 18, 24, 36 | AEON CREDIT, AFFIN, ALLIANCE, AMBANK, , CIMB, Hong Leong Bank, HSBC, MBB, OCBC, PBB, RHB, Standard Chartered, UOB | 36 |
Senheng offers the longest payment term with 60 months!
While most banks tend to offer a maximum of 36 months (3 years), opting to buy the iPhone 17 at Senheng using a Standard Chartered credit card allows you to stretch the payments up to 60 months – that’s 5 years!
And yes, you still get to enjoy a 0% interest rate on your latest iPhone 17!
Just to give you an idea of how your monthly payments will look, here’s what you’ll be paying each month if you opt for the 60-month plan:
- iPhone 17 (256GB) – RM66.65/month, RRP: RM3,999
- iPhone 17 (512GB) – RM83.32/month, RRP: RM4,999
- iPhone Air (256GB) – RM83.32/month, RRP: RM4,999
- iPhone Air (512GB) – RM99.98/month, RRP: RM5,999
- iPhone Air (1TB) – RM116.65/month, RRP: RM6,999
- iPhone 17 Pro (256GB) – RM91.65/month, RRP: RM5,499
- iPhone 17 Pro (512GB) – RM108.32/month, RRP: RM6,499
- iPhone 17 Pro (1TB) – RM124.98/month, RRP: RM7,499
- iPhone 17 Pro Max (256GB) – RM99.98/month, RRP: RM5,999
- iPhone 17 Pro Max (512GB) – RM116.65/month, RRP: RM6,999
- iPhone 17 Pro Max (1TB) – RM133.32/month, RRP: RM7,999
- iPhone 17 Pro Max (2TB) – RM166.65/month, RRP: RM9,999
Apple Malaysia offers the shortest, but most straightforward plans
While Apple resellers may offer a variety of instalment terms from different banks, we wouldn’t blame you if you decide to head straight to Apple for peace of mind. The credit card instalment options at Apple are straightforward but considerably shorter, with terms of only up to 24 months.
They support major banks such as Maybank, CIMB, Hong Leong Bank, Standard Chartered, and more. However, do keep in mind that to qualify for the 0% interest for 6-, 12-, or 24-month instalment offers, your minimum purchase must be at least RM2,000 in a single transaction (the starting price of the iPhone 17 is RM3,999 – so this shouldn’t pose an issue).
Resellers Machines and Switch offer flexible payment options
If you don’t want to rely solely on credit card instalments, retailers Machines and Switch – both of which are Apple Authorized Resellers – allow you to split instalment payments between cash, credit card instalments, or Buy Now Pay Later plans.
For example, if you purchase the iPhone 17 Pro Max (256GB) which retails at RM5,999, you can pay RM1,000 in cash or via debit card and the rest of the balance in credit card instalments. This effectively gives you greater flexibility in how you budget your finances, especially when your year-end bonus comes in and you’ve got a little more leeway to offset some costs before transitioning to your monthly instalments.
However, whether you’re applying at Machines or Switch, do note that this mixed payment method is only available when you apply in person at the store.
Which plan fits you best?
There isn’t a single “best” instalment plan that applies to everyone. A lot of it depends on your personal finances and your preferred way to budget your monthly expenses.
There’s also some introspection involved, such as how well you think you’ll be able to take care of your iPhone, and how long you’re willing to commit to paying it off. Take, for example, Standard Chartered’s 60-month term at Senheng. While it may sound exciting at first, it raises the question: will you be able to keep your iPhone scratch-free for five years, or will you be enticed by next year’s upgrade?
Either way, instalment plans are a great way to offset hefty one-time lump sum payments, and they could give you the best of the latest iPhone 17 range while keeping your budget comfortable.
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