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 Credit Card v11

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themattock
post Aug 20 2010, 07:47 PM

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hye.

i got an sms today saying.

"Yr MBF card application has been approved. The RM2K within yr approved card limit @ 0% interest gives you a saving up to RM350 p.a. for 3yrs"

wat does it mean, the last sentence?
themattock
post Aug 20 2010, 08:30 PM

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QUOTE(rjb123 @ Aug 20 2010, 07:55 PM)
2K at 0% interest

I guess the interest is 17,5%

If not 0%, the interest would be RM350 / year if not paid back .... so you can save RM350 per year

If that makes sense biggrin.gif
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it does make sense. but why they have to stated '3yrs'? after 3yrs suppose to be the same rite if that the case
themattock
post Aug 25 2010, 11:33 PM

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QUOTE(zenquix @ Aug 25 2010, 10:33 PM)
yes as long as it is not an Easy payment.
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so if easy payment. got credit limit rm10,000. can swipe rm10,000? n qualified for easy payment such as ipayplan cimb?
themattock
post Aug 26 2010, 11:46 PM

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finally... the card that my fiance apply has come. mbf card lady gold. suppose apply for classic, they give gold instead. salary only rm1600 they give gold. with rm5000 LC. too much for fresh applicant.
themattock
post Aug 30 2010, 12:15 AM

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From: KL
newbie question

what does it mean by '20 days interest free period from statement date to due date'? i know if we pay in full, will be no interest. but why 20days? what if i swipe on the 23rd day? i will given interest although i pay full???? really dun understand bout this 20days thing
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