iPhone for Life is a brand-new payment option for purchasing iPhone from mobile service provider, Cardholder can enjoy an interest-free credit card instalment plan with a lower monthly instalment, and possess 2 flexible options after the 24th month of purchasing an iPhone:
a. Upgrade to a new iPhone and use the “Guaranteed Buy-back Value” to offset the remaining unpaid monthly instalments.
b. Keep the iPhone by continue paying the remaining monthly instalments until the end.
iPhone for Life provides Cardholders an alternative way to purchase iPhone using an unique interest free credit card instalment. Cardholder can enjoy a lower monthly instalment payment for the first 24 months when compared to the regular 24-month instalment plan and will have the flexibility to upgrade their iPhone after 24 months.
Also, the mobile service provider will provide a “Guaranteed Buy-back Value” of the iPhone after 24 months of participating in the plan, which can be used to offset the remaining unpaid monthly instalments, protecting Cardholders from any risk of depreciation or market value decline.
Available for the newest iPhone models, some mobile service providers might offer iPhone for Life for previous models as well. Please contact the respective mobile service providers for more details.
All DBS Credit Cards can enjoy the iPhone for Life payment option.
DBS is currently partnering with 3HK, China Mobile, SmarTone, Telecom Digital SUN Mobile and SUPREME to provide the iPhone for Life.
Standalone iPhone purchase can also use iPhone for Life, please contact the respective mobile service providers for any conditions and requirements.
Please contact the respective mobile service providers who are solely responsible for the selling of the iPhone, device upgrade and “Guaranteed Buy-back Value”. For the instalment plan, please contact DBS credit card hotline at (852) 22908888.
Yes, you can, but this is subject to whether mobile service provider have any handset purchase quota and the credit limit available on your DBS Credit Card account.
You are eligible for upgrade after 24 months of purchase. The respective mobile service providers have specific upgrade period. For details about the upgrade period please refer to the mobile service provider’s iPhone for Life terms and conditions which you purchased the iPhone.
Please contact the respective mobile service providers to check whether it is possible or refer to the mobile service provider’s iPhone for Life terms and conditions.
No, you have to upgrade at the mobile service provider where you bought your current iPhone.
You can, just keep the iPhone and continue to pay the remaining monthly instalments until the end. The number of monthly instalments need to be paid will depend on which mobile service provider you purchase the iPhone from, the mobile service provider will inform you the number of instalments required when you make the purchase. For the instalment plan, please contact DBS credit card hotline at (852) 22908888.
You will only be able to upgrade your iPhone at the respective mobile service providers which you purchased the current iPhone.
You can choose to exit the plan simply by returning your iPhone to the mobile service provider which you made the purchase. Depending on the conditions of your iPhone, if the mobile service provider buy-back your iPhone at the maximum “Guarantee Buy-back Value”, you can exit the plan without any charges. Otherwise, you need to pay DBS the difference between the buy-back value and the remaining monthly instalments. Please contact respective mobile service providers for return terms and conditions.
iPhone for Life upgrade option is available after the 24th month, if you would like to upgrade early, please contact the respective mobile service providers to check whether it is possible.
You have to contact the mobile service provider where you purchased the iPhone for their assessment. If your iPhone is unfortunately considered not eligible for buy-back by the mobile service provider, you will be responsible for the remaining unpaid monthly instalments.