Someone called and told me that they can help to pay ur CC outstanding and then you pay back as installment monthly to your CC. They call it CC refinance. Anyone heard about this b4? The interest range between 7%-14%. TQ

I'm planning to use my card to pay the downpayment for my new car.
I recall reading somewhere in here that some dealers/distributors won't allow this if the amount is big... my DP is RM45k.

Share you thoughts/experience please.

read it before from flyers. i don;t think it's from legit company. why don;t you just do BT

just wondering is there any quick link on calculations in comparing credit card with compounding charge at 8.88% p.a and credit card with no compounding charge at 13.5% p.a

Pls be carefull if trying to accumulate your debt.

Hi all, would like to seek advice from you guys.

I believe some of here got apply housing loan from PBB, and normally bank will issued a credit card to the applicator who are get success housing loan from bank.

May I know is there possible can be waiver for the GST by bank? Or we need to pay for it?

I do know for others credit card, yes, we need to pay for gst or redeemed the point, but how about this situation of it? And can I cancel the credit card on after day?

I think a better question is, what are the benefits that you stand to gain from that card? Dont worry too much about the GST. If the card is good enough, the benefits will eventually offset the GST

No, bank need ur permission to issue new cc. This is my experience.
Gst is a must for each cc holder.

But I don't think this is good enough compare to others credit cards that I used.

Because I think I'm not going to use it for daily or others spend as this is only for reward point but no rebate.

Just keep for future and see how first, may think to cancel after a year before GST charge.

Even for this situation also need to pay it? I tot bank will wavier for housing loan approval for a year.

Any idea that where can spend for this card with benefits?

But I seldom see this card got promotion.

yes, you will need to pay, as you have sign on the cc application form
i'm having a housing loan with pbb as well and i refused to sign on the cc application form

oh i see, thanks for your sharing

Between, this card can cancel right if seldom use after a year ? but still having the loan with them

if you have not use it at all, try calling their CS and ask whether you can cancel right away with the GST waived
explain nicely to them that their housing loan agent asked you to apply for it together with your housing loan

if they are not willing to waive, then just keep and use it, cancel it anytime before your annivesary

Ya will do.

That is what I thinking of action, might cancel it before GST charge.

Thank you ya

Hi all, I hope I ask correct question in correction thread.

I would like to use my CIMB saving account to pay my OCBC TMC.
So anyone can give me idea how to use saving account to pay OCBC credit card.
Transaction fees is RM 2 right ?? Or 1st two transaction for CIMB is RM0.50.

Many Thanks

The cost of the transaction depends on the CIMB Bank Account TYPE you have... only Basic Savings/Current Account gets 50 sen (1st 2 transactions)
Refer to : http://forum.lowyat.net/topic/1985221

if your CC is going to expire soon, do you think the bank will issue you a new CC automatically? or they will assess your payment records before issuing a new CC to you?

Just want to check, if i want to cancel a credit card, do i need to go to the bank or i can do it via phone.

Refer here for guidance:
http://forum.lowyat.net/topic/1814307

hi guys..
question:
should i pay the minimum or full amount..or in between?
*i am using cimb visa, and this is my 1st cc