i think a more straight forward way will be:

1. If you can, pay the Statement Amount every month. So, you will not owe the bank any $$$.

2. Pay the minimum amount. But, the consequence will be no interest free for all your transaction. The interest will be calculated once it's posted/transacted (i'm not sure which one). This could burn a hole in your pocket. So, option 1 is always my preference and if i can't afford then i will stop charging to my CC.

Guys got one question, for the flexi payment, issit we just call to cimb to convert to installment? no need go to bank? how long does it take to approve?thanks

Yes, just give them a call when your charges have posted in your account. Normally, it takes 2 - 3 business days and they will call you if it's not approved. If they didn't call you, then it meant your request is approved by CIMB.

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Added on June 16, 2011, 10:26 amJust a quick update on this. CIMB converted my education charge to Smart Flexi Plan (0% 10 month plan) on the day i had requested it. Didn't expect they're so efficient

So, in summary, as long as the case is genuine, then you should have no problem to convert it.

This post has been edited by ks98: Jun 16 2011, 10:27 AM

Just used my DA at KFC (Tesco Puchong) to get a measly 5% discount from the bill.

CIMB Promotion: Win an iPad 2 with your supplementary credit card.

but VS benifits is better then platinum card.

Had dinner at Flying Chillies Gardens Mall, got 15% discount AND use my points to offset the bill. 200points = RM1.

Hi guys. between cimb gold card and uob one card, which offers best easy payment rates? lets say for a 10month repayment plan. From what i heard , its 2% for CIMB. how bout UOB one card?

easy payment i thought every bank offer 0%?

for installment plan, better find a merchant that offer 0% plan. i think most of the local bank cimb, mbb or pbb do offer that.

Usually these merchants are expensive.

I go for 2% 10 months installment on CIMB DA, can convert any cheap purchase from any merchant.

but CIMB is offering 2% for 10months oh.. unless its an education charge, then i think its 0%

Yes, for education charges, it's 0% of 10 months installment plan. I just did that

but normal spendings still need to charge.. but still 2% for 10months considered cheap dy right? i dont think i saw other gold card with better rate..

Please get your fact right.
You are not talking about Easy Installment, you are referring to conversion of your normal purchase to Easy Installment plan. All banks charge a percentage for this conversion if they do offer this program. The conversion is independent of whatever card you are holding ... it is valid so long you are a valid cardholder.

Some people 0.5% already make noise and this is not a matter whether the interest is cheap or not. We over here do not encourage people to build their debt using credit card as this will lead to spending beyond their limit. Have money, pay all.

Bolded part, yes thanks for clarifying, thats what I was asking.

I just wanted to know is there any (gold)cards you guys come across that offer less than the 2% (10months installment) that CIMB currently offers?

Do you guys remember this ?
Just for memory recall


This post has been edited by chemistry: Jun 22 2011, 12:04 AM

Unlikely this will come back

this isnt the best. the best is like 5$ petrol on all days if not mistaken.

sad.... no more petrol rebate for my direct access... damn ~~~

planning to get public bank esso ..

This post has been edited by ciohbu: Jun 22 2011, 04:15 PM

even it comes back, still cant beat benefits from amex