how to calculate repayment for cash advance?

say the bank charge 18%p.a. for cash advance, if i take 3000 out, how should i calculate the interests? is that excluding the 17.5% finance charges?

hi.my exact question is that, there are charges of 18% per annum daily interest for cash advance. so monthly repayment is based on 18% per annum daily interest plus finance charges 17.5% ?

cud u prepare me a simple spreadsheet to show tis. let say i take a 3000 cash advance with a monthly repayment of 200, what are the monthly interests, and how many months to settle it off completely? ofcoz nt using the card for anythin else during the period.

thanks alot.

thank you ashkamz and charymsylyn.

(17.5 * 30/365)% * 12000

plus probably late payment charges for nt settling minimum monthly amount which shud be 5%

correct?

need quick verification on Alliance Rates card

"Your finance charge is only 9% p.a. for the first 12 months, and thereafter it is subject to your payment behavior in accordance with Bank Negara tier interest guidelines. If you consistently make minimum payment every month, the finance charge remains at 9% throughout the tenure of the card."

does this means i must pay the exact minimum amount stated in order to enjoy 9% interests? Or can i pay more than that?

i have yet to receive my UOB card, but they claim it has already been sent n received as per record 1 weeks ago. been calling them daily, yet no solution...

i sated my office add as my correspondence, but they send to my hs instead at seremban.

Posted on 21st, and Posman attempted delivery when no one was around, and he did not leave any notifications.

And it was returned 2 times to the cheras office before rerouted to seremban office to attempt delivery.

Only today they managed to get the tracking No updated in their system, so today only i was able to trace the details.

Have requested them to send it to uob kk branch, as im leaving to sabah in a few days.

tnx for ur feedback guys