from my understanding, the cimb card is a normal credit card. the tng function is from a separate zing card

for your min to hit 1.2k, your total outstanding in your card is more than 10k?
the 500 will reduce the interest payable but you will still have late payment + increase in tier + no interest free period

that is the reason why it's called minimum payment. if you pay the minimum payment promptly, your credit rating should not be affected. but this does not apply to partial of minimum

so your friend is correct IF you FULLY pay the minimum payment.



This post has been edited by zenquix: Aug 24 2009, 02:25 AM