How to Secure 2024's Hottest Smartphones with Easy Monthly Installment Plans, Even with No Credit Card?

Published by: Wei Kei

Published date: 14 March 2024

ultimate guide: phone instalment plans

What Are the Benefits of Monthly Instalment Plans over One-time Payments?

Monthly payment plans are like a double win for shoppers! Imagine you can buy cool stuff without emptying your wallet all at once— that's the magic of monthly instalments! It's like having a secret money helper that lets you enjoy things you couldn't afford in one go.

Turn Dreams into Doables

Big-ticket items seem like a far-off dream? Not anymore! Monthly instalments break down the cost into bite-sized chunks, so you can enjoy the good stuff without feeling the pinch. It's like magic for your wallet.

No More Budget Guesswork

Say goodbye to budget stress! Monthly payments give you a steady, predictable plan. No surprises, no headaches—just smooth sailing in your financial world. It's like having a reliable GPS for your money journey.

Join the Savvy Shopper's Crew

Want to be the friend who always gets the best deals? Monthly instalments aren't just payments; they're your secret weapon. Join the cool kids who shop smart and enjoy the perks of financial savvy.

More Than Just Buying Stuff

It's not just about buying things; it's about an awesome experience. Monthly instalments aren't a hassle; they're a way businesses show they care. Find the places that make you feel valued, not just like another transaction.

What Monthly Instalment Options Does senQ Offer for Latest Smartphones?

What Monthly Instalment Options Does senQ Offer for Latest Smartphones?

Credit Card Instalment

You can get the hottest smartphones in-store and chill at home shopping online with monthly payments that go up to a whopping 60 months in-store and 36 months online – and here's the real kicker – it's all at 0% interest! Yep, you heard it right, zero interest!

And the best part? You've got a bunch of banks in our squad, ready to make your monthly instalment dreams come true. Whether you're a fan of Bank A, B, or C, we've got your back with that 0% magic. It's like having your cake and eating it too—no extra costs, just pure excitement about getting that shiny new smartphone. Ready to make your tech dreams a reality? Let's do this!

Debit Card Instalment

Now, you can snag your favourite goodies with our Debit Card Instalments feature – it's like magic for your wallet. Picture this: 0% interest, and you can spread your payments over a cool 4 months. Yep, you heard it right, no extra fees, just the freedom to shop without the pinch!

But wait, it gets even better! We've teamed up with PayLater Malaysia, Atome, Shopee Pay, and PayLater by Grab to make your shopping experience smoother than ever. Whether you're eyeing that trendy fashion piece or the latest tech gadget, our Debit Card Instalments got your back.

Chailease Pay Later

Hey, students! Brace yourselves for some seriously good news. With Chailease Pay Later, your shopping dreams just got a major upgrade. Flash that student ID, and voila! You're eligible to dive into the world of Instalments, and we're not talking short-term—we're talking up to 36 months! And the cherry on top? The interest rates are as low as they come. It's like turning your student ID into a golden ticket for stress-free shopping! Who said adulting had to be dull?

Top Smartphones You Can Buy on Instalment in Malaysia with senQ

Top Smartphones You Can Buy on Instalment in Malaysia with senQ

1) Iphone 15

Dynamic Island comes to iPhone 15

Dynamic Island bubbles up alerts and Live Activities. so you don’t miss them while you’re doing something else. You can see who’s calling, check your flight status and so much more.

Innovative Designs

iPhone 15 features a durable colour-infused glass and aluminium design. It’s splash, water and dust resistant.1 The Ceramic Shield front is tougher than any smartphone glass. And the 6.1″ Super Retina XDR display2 is up to 2x brighter in the sun compared to iPhone 14.

48MP Main Camera with 2X Telephoto

The 48MP Main camera shoots in super-high resolution. So it’s easier than ever to take standout photos with amazing detail. The 2x optical-quality Telephoto lets you frame the perfect close-up.

2) iPhone 15 Plus

Next Generation Portraits

Capture portraits with dramatically more detail and colour. Just tap to shift the focus between subjects — even after you take the shot

Powerhouse A16 Bionic Chip

The super-fast chip powers advanced features like computational photography, fluid Dynamic Island transitions and Voice Isolation for phone calls. And A16 Bionic is incredibly efficient, helping to deliver great all-day battery life.3

USB-C Connectivity

The USB C connector lets you charge your Mac or iPad with the same cable you use to charge iPhone 15 Plus. You can even use iPhone 15 Plus to charge Apple Watch or AirPods.

3) iPhone 15 Pro

Forged in Titanium

iPhone 15 Pro has a strong and light aerospace-grade titanium design with a textured matt glass back. It also features a Ceramic Shield front that’s tougher than any smartphone glass. And it’s splash, water and dust resistant.1

Advanced Display

The 6.1″ Super Retina XDR display2 with ProMotion ramps up refresh rates to 120Hz when you need exceptional graphics performance. Dynamic Island bubbles up alerts and Live Activities. Plus, with Always-On display, your Lock Screen stays glanceable, so you don’t have to tap it to stay in the know.

Game-Changing A17 Pro Chip

A Pro-class GPU makes mobile games feel so immersive, with rich environments and realistic characters. A17 Pro is also incredibly efficient and helps to deliver amazing all-day battery life.3

4) iPhone 15 Pro Max

Powerful Pro Camera System

Get incredible framing flexibility with seven pro lenses. Capture super-high-resolution photos with more colour and detail using the 48MP Main camera. And take sharper close-ups from farther away with the 5x Telephoto camera on iPhone 15 Pro Max.

Customisable Action Button

Action button is a fast track to your favourite feature. Just set the one you want, like Silent mode, Camera, Voice Memo, Shortcut and more. Then press and hold to launch the action.

Pro Connectivity

The new USB-C connector lets you charge your Mac or iPad with the same cable you use to charge iPhone 15 Pro Max. With USB 3, you get a huge leap in data transfer speeds.4 And you can download files up to 2x faster using Wi-Fi 6E.5

5) Samsung Galaxy S24 Ultra 5G

Built-in S Pen writes a whole new chapter

The legacy of Galaxy Note is alive and well. Write, tap and navigate with precision your fingers wish they had on the new, flat display.

200MP. Capture details that rival reality

With the most megapixels on a smartphone and AI processing, Galaxy S24 Ultra sets the industry standard for image quality every time you hit the shutter. What's more, the new ProVisual engine recognizes objects — improving colour tone, reducing noise and bringing out detail.

Digital zoom closes in, AI Zoom amps it up.

Go from scenic to specific thanks to deep learning-based AI Zoom. Glide seamlessly past 1x zoom all the way to 100x zoom while AI amps up the details at all the points in between.

6) Samsung Galaxy S24+ 5G

Big, bigger and faster

They're the upgrades you've waited for. More screen. More battery. More processing power. There's so much more to love about Galaxy S24 and S24+. Especially now that Galaxy S24+ comes with the highest screen resolution on a Galaxy device: QHD+.

50MP. Mega Mega Pixels

A true pixel powerhouse that will not disappoint. Ever. Snap high-res pics for that will no doubt withstand the test of time for years to come.

Super HDR previews.

AI-enhanced before you even snap - With our latest Super HDR upgrade, you can capture vivid shots the way you see them, from preview to posting. And it even works when you shoot with Instagram. See a Super HDR preview before you even hit the shutter. Keep it in your Gallery, or upload it to your feed — either way you'll see the same show-stopping HDR quality.

7) Samsung Galaxy S24 5G

Live Translate.

The easiest way to communicate - Get quick language translation on your next phone call. That's right, AI helps you communicate outside your own language while you talk on the phone. And get this, it even works on messaging.

Resize it, retouch it.

Just like that - Unlock the magic of AI-powered photo editing. Now you can effortlessly perfect your photos, ensuring every image shines. But that's not all, even if you couldn't capture the shot you wanted, Generative Edit can fill in backgrounds and make unwanted objects *poof* disappear.

Pick the right tone for your text with Chat Assist

Add a whole new layer of expression to your messages through Chat Assist. It works across email and on social media to make chatting quick and easy!

Who Can Benefit from senQ’s Monthly Payment Plans? Eligibility Explained

Who Can Benefit from senQ’s Monthly Payment Plans? Eligibility Explained

Great news! senQ's monthly payment plans are open to any customers who fulfill the payment plans. This means that as long as you meet the requirements outlined in the payment plans, you can take advantage of the flexibility and convenience offered by senQ.

Whether you're a budget-conscious individual, a tech enthusiast, a student, or someone with varying financial capacities, senQ's payment plans are designed to accommodate a wide range of customers. The key is meeting the criteria specified in the payment plans to enjoy the benefits of spreading the cost over time.

Choosing Your Payment Timeline: Benefits of 12 Months vs. 24 Months vs. 36 Months Instalment Plans

Choosing Your Payment Timeline: Benefits of 12 Months vs. 24 Months vs. 36 Months Instalment Plans

Choosing your payment plan is like picking the perfect playlist – it's all about your vibe. If you want that new gadget ASAP, the 12-month plan is your ticket with quicker ownership and lower total cost. Prefer a chill pace? The 24-month plan strikes a balance, while the 36-month plan is budget-friendly, spreading the cost over an extended period. It's about what suits your flavor – snappy, steady, or slow and steady. Find your groove and enjoy stress-free shopping!

Payment Timeline Benefits
12 Months
  • Quicker Ownership: Pay off your purchase faster, gaining ownership sooner.
  • Lower Total Cost: Typically, shorter timelines mean less total interest paid, resulting in a lower overall cost.
  • Ideal for Frequent Upgraders: Perfect for those who prefer upgrading to newer models sooner.
24 Months
  • Balanced Payments: Offers a middle ground, making monthly payments more manageable than shorter timelines.
  • Flexibility: A good compromise between quick ownership and spreading the cost over an extended period.
  • Suitable for Mid-Range Budgets: Ideal for those with moderate budgets seeking a balance between cost and payment duration.
36 Months
  • Lowest Monthly Payments: Spreads the cost over an extended period, resulting in the lowest monthly payments.
  • Budget-Friendly: Excellent for individuals on a tight budget, providing the most extended period for repayment.
  • Accommodating Large Purchases: Ideal for high-ticket items where a longer repayment period is more manageable.

Credit Card Instalments
0% interest with up to 36 months instalments

Choose In-store or Online to display easy payment options.

Choose Your Prefered Payment Option

0% Credit Card Instalment Plan

Participating Banks

6

12

18

24

36

48

60

AMEX
AMEX
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
-
60 Months
-
AFFIN BANK
AFFIN BANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
-
48 Months
-
60 Months
-
AMBANK
AMBANK
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
60 Months
-
BSN
BSN
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
48 Months
-
60 Months
-
CIMB
CIMB
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
-
60 Months
-
CITIBANK PINELABS
CITIBANK PINELABS
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
-
48 Months
-
60 Months
-
HONG LEONG BANK
HONG LEONG BANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
48 Months
-
60 Months
-
HSBC
HSBC
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
-
60 Months
-
MAYBANK
MAYBANK
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
-
60 Months
-
PUBLIC BANK
PUBLIC BANK
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
60 Months
-
RHB
RHB
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
-
60 Months
-
STANDARD CHARTERED BANK
STANDARD CHARTERED BANK
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
60 Months
UOB
UOB
Instalment Plans
6 Months
12 Months
18 Months
-
24 Months
36 Months
48 Months
-
60 Months
-

Participating Banks

6

12

18

24

36

AMEX
AMEX
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
AMBANK
AMBANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
CIMB
CIMB
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
HONG LEONG BANK
HONG LEONG BANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
HSBC
HSBC
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
MAYBANK
MAYBANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
PUBLIC BANK
PUBLIC BANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
RHB
RHB
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
STANDARD CHARTERED BANK
STANDARD CHARTERED BANK
Instalment Plans
6 Months
12 Months
18 Months
24 Months
36 Months
How to Calculate Your Monthly Installment Payment Based on Your Payment Schedule

How to Calculate Your Monthly Installment Payment Based on Your Payment Schedule

  1. Understand the Formula:
    • The basic formula for calculating monthly installment payments is: Monthly Payment = Loan Amount × Monthly Interest Rate / (1 - (1 + Monthly Interest Rate)^(-Number of Payments)).
  2. Gather Information:
    • Determine your loan amount, which is the total amount you are borrowing.
    • Know your annual interest rate, and convert it to a decimal by dividing it by 100.
    • Decide on the number of payments or the loan term in months.
  3. Convert Annual Interest Rate:
    • Convert your annual interest rate to a monthly interest rate by dividing it by 12 (the number of months in a year).
  4. Apply the Formula:
    • Plug your values into the formula mentioned above.
  5. Calculate Monthly Payment:
    • Perform the calculations using the formula to find your monthly installment payment.
  6. Consider Additional Fees:
    • Be aware of any additional fees or charges associated with your loan, as these may affect your monthly payment.
  7. Use Online Calculators:
    • For a quick and easy solution, you can use online loan calculators available on financial websites. These tools often provide user-friendly interfaces to input your details and receive instant results.
  8. Check with Lenders:
    • If you're obtaining a loan from a financial institution, they may provide you with detailed amortization schedules or tools to calculate your monthly payments.
Smartphone Installment for Students: No Credit Card or Payslip Needed

Smartphone Installment for Students: No Credit Card or Payslip Needed

Chailease Pay Later

Hey, students! Brace yourselves for some seriously good news. With Chailease Pay Later, your shopping dreams just got a major upgrade. Flash that student ID, and voila! You're eligible to dive into the world of Installments, and we're not talking short-term—we're talking up to 36 months! And the cherry on top? The interest rates are as low as they come. It's like turning your student ID into a golden ticket for stress-free shopping! Who said adulting had to be dull?

Where to Buy Your Next Smartphone: Comparing In-Store and Online Options

Where to Buy Your Next Smartphone: Comparing In-Store and Online Options

Consider your preferences and priorities when choosing between in-store and online purchases, keeping in mind factors such as hands-on experience, immediacy, and variety of selection. Each option has its unique advantages and drawbacks, so weigh these carefully to make an informed decision for your next smartphone purchase.

Criteria In-Store Purchases Online Purchases
Hands-On Experience ✔ Provides a physical, hands-on experience. ✘ Lacks physical interaction; relies on reviews.
Immediate Gratification ✔ Walk out with your purchase the same day. ✘ Shipping wait times may be involved.
Expert Assistance ✔ In-store staff can offer personalized advice. ✘ Assistance is virtual; depends on online support.
Selection Variety ✘ May have a limited range compared to online. ✔ Offers a vast selection of models and brands.
Shopping Convenience ✘ Requires travel; time-consuming. ✔ Convenient, browse and buy from anywhere.
Return Policies ✔ Policies may vary; check for flexibility. ✔ Check and compare return policies for assurance.
Customer Reviews ✘ Limited to personal opinions from in-store users. ✔ Access to online customer reviews for insights.

If deciding between in-store and online purchases is a bit tricky, we've got your back with our new Buy Online, Pick Up In Store service. Here's why it's a game-changer:

No Extra Charges:

Enjoy the convenience of online shopping without worrying about additional costs. With no extra charges, you get the best of both worlds.

Pick Up at Your Nearest Store:

Choose from over 100+ nationwide showrooms and pick up your purchase at the store closest to you. It's all about flexibility and convenience.

Service Assurance:

Rest easy knowing that our service assurance guarantees a smooth experience. From your online order to the in-store pick-up, we've got you covered.

With this new service, you can seamlessly blend the benefits of online shopping and the hands-on experience of in-store pick-up. It's a win-win that ensures you get your desired smartphone hassle-free. Happy shopping!

Frequently Asked Questions

Frequently Asked Questions

  1. Can you buy a smartphone with monthly instalments?
    Absolutely! We offer monthly instalment plans for smartphones, allowing you to spread the cost over time.
  2. Can I buy a smartphone without a credit card?
    Yes, you can! Some instalment plans accept alternative payment methods, such as debit cards or other financing options – Atome, SPaylater, PAYLATER Malaysia & Paylater by Grab, making it accessible without a credit card.
  3. Can I pay instalments with a debit card?
    Certainly! Many instalment plans accept debit cards such as Atome, SPaylater, PAYLATER Malaysia & Paylater by Grab, providing a convenient and accessible payment option.
  4. Can students buy a smartphone on instalments?
    Absolutely! Some instalment plans are open to students, such as Chailease Pay Later making it easier for them to afford smartphones without a significant upfront payment.
  5. Can I buy a smartphone on instalments with deposit?
    Yes, it's possible! Some instalment plans offer options with deposit, allowing you to start enjoying your new smartphone without a large initial cost.
  6. Can I buy a smartphone on instalments with bad credit?
    Potentially! Some providers offer instalment plans with flexible credit requirements, making it more accessible for individuals with less-than-perfect credit.
  7. Can I pay off my instalment plan early?
    In many cases, yes! Some plans allow you to pay off the remaining balance early, providing flexibility and potentially saving you on overall costs.
  8. What happens if I miss a payment for my smartphone?
    Missing a payment might result in late fees or affect your credit score, depending on the terms of your instalment plan. It's essential to check the specific terms and communicate with the provider if needed.
  9. Can I upgrade my smartphones while on an instalment plan?
    Absolutely! Some plans offer upgrade options, allowing you to stay up-to-date with the latest smartphones during your instalment period.
  10. Are there any downsides to buying smartphones on instalment?
    While convenient, instalment plans may involve fees. It's crucial to understand the terms and potential additional costs before committing.
  11. What is a phone instalment plan?
    A phone instalment plan allows you to purchase a smartphone and pay for it in monthly instalments instead of making a one-time upfront payment.
  12. How do phone instalments work?
    You select a smartphone, agree to an instalment plan, and pay for the device in monthly instalments over a specified period, typically ranging from 6 to 36 months for online, up to 60 months for in-stores.
  13. Do phone payment plans charge interest?
    Our instalment plans have 0% interest.
  14. Can I use my debit card for phone instalments?
    Yes, we offer buy now, pay later services through Atome, SPaylater, PAYLATER Malaysia, and Paylater by Grab for phone instalments.
  15. How do I apply for a 0% instalment plan?
    If you hold a credit card from the banks under our credit card instalment program, you are entitled to enjoy 0% interest.
  16. What are the available instalment plans?
    For online purchases, instalment plans range from 6 to 36 months, while in-store options extend up to 60 months.
  17. What is 0% instalment?
    A 0% instalment plan means there is no interest charged on the monthly payments, offering a cost-effective way to spread the payment over time.
  18. What type of bank card is available for instalment payment?
    Maybank, Public Bank, Hong Leong Bank, HSBC and etc.
  19. Is instalment payment interest-free?
    Any instalment plans below 12 months will be interest-free.
  20. Can I purchase accessories with my instalment plan?
    Yes, for items below RM 500, you can use the 'buy now, pay later' option. For items above RM 500, credit card payments are accepted.
Conclusion

Conclusion:

senQ's monthly instalment plans redefine shopping, providing a win-win for consumers seeking financial flexibility. From turning dreams into affordable realities to eliminating budget stress, these plans cater to diverse needs. Smartphone instalment options, including 0% interest credit card plans, debit card instalments, and specialized services like Chailease Pay Later for students, ensure accessibility for all.

The "Buy Online, Pick Up In Store" service seamlessly blends online convenience with in-store experience. Transparently addressing common queries, senQ empowers customers to embrace the latest in technology effortlessly, making it a go-to destination for smart and joyful shopping.

Key Takeaways

  • Financial Flexibility: senQ's monthly instalment plans provide a win-win scenario, offering shoppers the flexibility to manage their finances effectively.
  • Diverse Options: From 0% interest credit card plans to specialized services for students, senQ ensures a variety of instalment options, making the latest smartphones accessible to all.
  • Innovative Services: The introduction of the "Buy Online, Pick Up In Store" service bridges the gap between online and in-store shopping, providing convenience without extra charges.
  • Transparent Information: senQ addresses common questions transparently, making the instalment process clear and inclusive for all customers.
  • Empowering Tech Aspirations: Beyond transactions, senQ is dedicated to empowering customers to effortlessly embrace the latest in technology, making it a preferred destination for smart and joyful shopping.

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