When you made the payment? It could take time to clear. It may not as real time as you make payment using M2U.

Did you know you will not entitle to 20 days interest-free for all your transaction if you didn't clear off the amount due in statement?

The Total Amount Due ?
I thought some of the bank mentioned that with the Minimum payment of RM50 or 5% (whichever is higher) .. will do ?
Correct me if I'm wrong.

Payment via CDM should be real time. I cleared off my AMEX Ikhwan just now via CDM and straightaway cancelled it at a branch. I now only maintain one Visa and one MC only.

For MBB, you should clear the Total Amount Due to enjoy the interest free period the following month.

This post has been edited by spikey2506: Apr 26 2010, 10:50 AM

your answer did not clear the doubts of the question. He asked why he has paid the 1100 and his maybank2u is still showing the outstanding balance as 1200+ as before he made the payment.

do i need to call to cc center to activate my sony cc and amex card?

Hi guys,

Just want to ask. If i swipe RM400 and when the statement out, i only pay RM200 and left the balance of RM200 to be paid next month, how does the bank calculate the interest?

Anyone care to show the breakdown? i tried to call their CS but seem like so hard to get them.

I'm using Maybank Petronas Gold btw.

Thanks

No need to call for activation for MBB CC.

Guys...i got a situation here..need some advice...On hand i got 5K in cash...and i got 2 CC..each having 5K more or less outstanding so total around 10K..and currently i use only 1 CC as i tried to finish off the other one slowly. Both on good term so still at 13.5% p.a. I got an offer to turn my CC outstanding into installment (458/mth for 12 mths) with lower interest < 10% (the one i'm not using). So is it wise for me to use the 5K cash on my current card (the one i'm using) and turn the other CC balance into installment?

ok thanks for the info bro...

Since you are not using the other card because you want it settled... yes, and in my humble opinion.. it is wise to do a balance transfer.
Advantages:
1. Fixed Monthly payment - no need to worry on more interest charges in your unused CC while you are paying/settling it. In short, save money in interest since its fixed and you'll pay upfront.
2. Option to choose lower interest rate - look around at different CC issuers with balance transfer. Some banks will give you less interest x number of months.
3. You'll have new credit line or credit card with another bank. I suggest choosing also the CC that you really need. Example: Some people are looking for on the spot rebates while others are looking for rewards from earned points or discounts on frequently used services or merchants or some nice features like automatic increase of credit line every 6 months, if you are a good payer.
4. Your credit record will refresh especially if the CC that you are settling is currently with outstanding balance for 6 or more months (credit for long duration of time).

Note only that you cannot transfer what you've transferred before.

This post has been edited by dmatthews: Apr 26 2010, 12:45 PM

Preferably .. as its much safer to do it that way instead of calling through the Electronic Answering Server to do the activation. Just to avoid any miscommunication and problem from happening ..

But they have been pre-activated.

I've a Public Bank Visa credit card, when I ordered something from oversea, they have additional 5% charges(for currency conversion fee?). I also have a Public Bank ATM aka debit card, my question is that does the debit card also have this 5% charges when order something at oversea?

Should be 1.25% as administration fee and current exchange rate from foreign currency to RM.
Banks normally charge 5% for Cash Advance but not in your case.
I suggest calling 03-21768000 to question the 5% charge.

Really ? Maybe its only from MBB. My HLB seems to be the other way round .. need to activate. They recommend us to call in to the Automated Activation by keying in the CC numbers and some other details. To my surprise is - once I have done with that procedure. My Card got blocked .. and they said suspect of fraud and pending my activation. It took me almost half day with numerous of calls to Customer Service, CC Agent and Credit Control department to solve the case.

Depends on how you got the cards. If you got it from your preferred Maybank branch, then no. You do not have to call in to activate the card. But if it was mailed to your house, then you will need to call in to activate.


It is not 5%, it is only 1.25% and they call it admin fee. It is the same with PBB debit card.

Your mailer should have mentioned if it requires activation. So far, I'm only aware that DA needs to do so.


Really got such difference between self-pick at the branch and mail to your doorstep for MBB CC?

The documents that comes with the Credit Card letter .. does mentioned that it requires activation and which number to call in. But it seems like there is some problem with their office miscommunication.

Their office miscommunication? I can't get you. The number that you tried to call is busy or nobody picks up?