Hi,

I have few question to ask, and i'm totally new in this credit card thing. Firstly i do not own any credit card because i can't apply due to my annual income below then 24k (actually not even reach 20k ). Anyway my mom has an extra credit card that not being use, and my mom will help me buy thing that i want, monthly bill will be pay by me. Or maybe i will ask my mom to do cash advance by using that credit card. So i just take the money and pay the thing i want to buy, then monthly bill will be paid by me.

So the question is,
- I want to buy something that worth RM4000, and if the minimum pay is 5% from RM4000 it will be RM225, so i decide to pay RM300 monthly, that mean i will be in good standing right? how about the interest charge? and i still blur about the Interest rate (% p.a.) what this thing mean actually? from what i understand that mean if i still have hutang after 1 year the interest will be 13.5% right? example after 1 year i still got hutang left RM300 then 13.5% from RM300 is RM40.5 , so i have to pay that? how about if i can finish the debt in less then 1 year?

sorry if my question too messy, and sorry for my bad english. I'll try to explain further if you guy cannot understand..

Post EDITED.

This post has been edited by mdlan: May 28 2011, 07:40 PM

owh ok sorry that, i've edited my post, i'm going to use it on online purchase..before this my mom buy me the motorcycle and using her credit card, and i have a commitment to pay monthly, RM500 monthly i pay for that, until the price of motorcycle complete, so know i thinking about using the same method to buy other thing..my mom will help me buy the stuff, but i the one who will pay for it

This post has been edited by mdlan: May 28 2011, 07:47 PM

thank guy for all the info & option given, i truly appreciated.
i just need some explanation regarding my question, even after i get my own CC at least i know a little bit about it, such as fee & charge, that why i come to this topic where the title is Ask General Question. It will be different story if i open up new topic call "Need some advice".

again thank for the reply regarding my post