hi guys .. i keep reading this post but i still dont understand how this things work...
Q: Installment plan? How?
A: The Visa/Master CR Card merchant is only for Citibank, HSBC, Public bank, Maybank and CIMB Bank on installment plans.
Example, If you purchase ip4 32GB on Ivalue 1 X 12 months contract = RM1990
Ivalue 1 : RM400 for 24 months and RM200 for 12months <--advance payment
ivalue 2 :RM620 for 24 months and RM200 for 12 months
ivalue 3 : RM1250 for 24 months and RM500 for 12 months
ivalue 4: RM2000 for 24 month, RM1000 for 12 months
This so called advance payment is either Swap your credit card which is not under installement plans, however there is a rebate RM40 X 5 months = RM200 which is credit back in your bill.
Basically the advanced payment will be credited equally over in 1st 5 months of your bill. [credit weileong]
can explain to me abit more clearly if i confirm buying iphone4 16gb with credit card ?
if i buy the phone on 12 month contract it will be RM100 x 12 + RM1,690 right , so total it will be rm2890.
then how the Ivalue 1 RM200 for 12months work?
and so if i go there i need to bring how much cash to buy the iphone4 + the contract ?
when u register for ivalue 1 for 12 month contract, u will need to pay RM1990 (iphone 4 32GB price) + RM200 (advance payment) = RM2190 ONLY
then for the first 5 months, every month, ur total bill will be RM100 - RM40 = RM60, due to the RM200 advance payment u paid when u registered. (200/5 = RM40). Of course that is assuming u dont exceed ur limit for the iValue 1 plan.