The above is correct. There is a 3 day grace period for late payment charges AND interest if you paid the statement balance in full.

If you do not, you only get late payment charges waived for payment above minimum. Interest is charged based on statement amount from the transaction dates of each individual transaction up to full payment for the transaction or due date of next statement, whichever comes first. Including compound interest, the amount due can be much bigger than expected.

Since buying casino chips is specifically stated at the back of your statement as a cash advance transaction, it does not really matter whether Genting staff was in the wrong or not. Escaping in the past from this T&C doesn't mean you will always be able to escape indefinitely.

This point is not accurate as there are multiple CNP (Card Not Present) scenarios which are legit and the cardholder is expected to pay. Easiest example of a CNP scenario are internet transactions. The signature is not mandatory and the transaction is still valid.

For certain banks, you can pay extra to get increased limit. Check with your bank whether this can be done and if there are any charges for doing so.

The latest ABM policy is no late fees if payment received/clears after 3 days from due date, which does not necessarily mean the same as no interest charged. As per the example, different banks interpreted the policy differently. Basically if you are not sure, just pay before the due date.

http://www.abm.org.my/upload/Further%20rel...dit%20cards.pdf

Lower retail interest for prompt repayment is simply defined as minimum payment received on or before due date. If you are new, you have no record and are placed in the highest tier. Upon reaching the first anniversary, your tier is adjusted based on your payment pattern in the preceding 12 months.

You asked an open-ended question (regarding credit card and touching on banking system safety) with no absolute answers. I feel you are not having doubts per se but seeking reassurance that other people share the same concerns you have. I'm sure everyone here have the same concerns. But saying you have serious doubts and continuing to use the facilities does not jive with your position.

It applies to all normal OTC credit card and CNP online transactions. Might or might not include special kinds of transactions like instalments, balance transfers, cash advance, etc. Refer to your credit card T&C for the full definition that applies for your card.