QUOTE(shortleg88 @ Oct 17 2011, 05:40 PM)
Need to confirm something here
If my statement date is on the 18th, which mean my payment due date is on the 9/10.
Let's say my statement amount is RM1000 (all using Amex during weekend), next month will rebate RM50. So for my payment I can pay RM1000 or RM950? of course besides the amount after that there's still some outstanding amount from post statement date.
Thanks for the advice in advance.
You don't benefit much for "claiming" the RM50 rebate 1 month in advance. If my statement date is on the 18th, which mean my payment due date is on the 9/10.
Let's say my statement amount is RM1000 (all using Amex during weekend), next month will rebate RM50. So for my payment I can pay RM1000 or RM950? of course besides the amount after that there's still some outstanding amount from post statement date.
Thanks for the advice in advance.
Is better to pay according to your statement current balance. Easier to monitor. Silap hari bulan if your rebate earned is only RM49 and you less paid RM50, the whole RM1000 will kena Finance Charge calculated from the day the transactions were posted until full payment.
This post has been edited by aeiou228: Oct 17 2011, 07:38 PM
Oct 17 2011, 07:28 PM

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