FavePay Later

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Average Score 9
Ease of use
10
Features
9
Customer Support
9
Charges
8
Credit Card Required
Credit Limit

Instant Approval

Interest-free Period

Late Payment Fees

Partner Merchants

Payment Tenure

A top BNPL choice with 1-month interest-free payments, a broad merchant network, and a unique focus on rewards through Fave Points, adding gamified fun to your purchases

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You will get: Interest-free payments for 1 month High credit limit (up to RM10,000) Wide range of partner merchants Easy to use Flexible repayment options

Overview

FavePay Later is another popular BNPL provider that offers interest-free payments for up to 1 month and a wide range of partner merchants. FavePay Later is known for its focus on rewards and gamification. Users can earn Fave Points for every purchase they make with FavePay Later, which can be redeemed for discounts and rewards.

Features
Credit Limit
Payment Tenure
Partner Merchants
Late Payment Fees
No Credit Card Required
Yes
Instant Approval
Yes
Interest-free Period
1 month
RM500 (initial limit), up to RM5,000 (with good repayment history)
1 month (interest-free), up to 12 months (with interest)
Over 10,000 partner merchants in Malaysia
RM10 for the first late payment, RM20 for the second late payment, and RM30 for the third or subsequent late payments

Pros & Cons

The pros and cons are based on the overall rating of each brand. Some reviews are provided via third party suppliers.
Pros Cons
  • Interest-free payments for 1 month
  • High credit limit (up to RM10,000)
  • Wide range of partner merchants
  • Easy to use
  • Flexible repayment options
  • Late payment fees (RM10 for the first late payment, RM20 for the second late payment, and RM30 for the third or subsequent late payments)
FavePay Later
FavePay Later

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