It has been dropped to 17.5% per annum or 1.458% per month.
You may want to refer here for more information.

nono, both of you are mistaken.

interest is calculated in a per annum basis.

So assuming interest is 12%, then u get 1% a moth. 18% then its 1.5% a month etc.

BUT, that is just interest. You still have to pay your principal. If not you will be forever in debt.

Service are applicable when card is approved. New cards will be charged immediately in your statement.
If you are given 2 cards without your consent, call CS to cancel the 2nd card. If they refuse, you can report to the BNM or police for fraudalent use of your IC details.

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Added on February 7, 2010, 3:31 pm

It's anyone's guess. The rebate system is offered by the bank and don't have any tie-ins to the petrol companies. I'd suggest to be prepared for removal of this offer as well.

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Added on February 7, 2010, 3:35 pm

Not really. If paid on time then only the RM90 will be subjected to interest. Late payment charges will be applicable if you paid after the payment due date.

If paid late = (RM90 + Late payment charges) + interest (based on the 2 earlier element)
If paid on time = RM90 + interest on RM90 calculated on daily rest based on roughly 1.5% per annum.