There are 2 payment options for the Phone Combo Plan: (1) Installment payment and (2) Full upfront payment.
When you buy a phone on a Phone Combo Plan, the phone is payable over 3 to 36 months via the Installment Payment Plan offered on credit cards from one of the supported banks (UOB, OCBC, DBS). The total cost of your phone is split evenly into 3 to 36 monthly installments at 0% interest. The monthly installment amount charged on your credit card depends on the cost of your chosen phone.
At the point of purchase, you pay nothing upfront (if you chose the $0 upfront option) and $200 (if you chose the $200 upfront option) for your new sim plan and phone (note that for full upfront payments, all credit/debit cards are accepted at checkout). At the same time, the entire cost of the phone (only) is blocked on your credit card.
At the beginning of each month, you are charged for your monthly subscribed plan by Circles.Life on the card which you have saved on your account. This amount will be reflected under Liberty Wireless Pte. Ltd.
Separately, with your credit card’s monthly bill (the exact date depends on your credit card billing cycle), you will be charged for the monthly phone installment amount directly on your credit card, via installment payment. Your credit card statement will also reflect the remaining amount of your phone cost to be payable over the remaining months of your Instalment Payment Plan.
Example: iPhone SE (2nd Generation) 64GB on a 24 month Installment Payment Plan
At the point of purchase today, you will pay nothing. The entire cost of the phone (e.g. $649) will be blocked on your credit card. This amount will be divided into 24 months of equal repayment (e.g. $27.05) under the 0% Instalment Payment Plan offered by DBS/POSB.
Every month on your credit card bill date, your bank will charge you $27.05 as the monthly installment payment for your phone.
Separately, at the beginning of each calendar month, Circles.Life will charge your monthly subscription bill amount to the card that you have saved on file with us (you can check the details in the Circles.Life app).