should be combined by default.

Long answer:
I would suggest that you read up online about what is called compound interest and then use your favourite search engine to find a credit card interest calculator and then enter the figures of your scenario. It might be challenging to find a calculator which takes into account so many variables so you might need to create an Excel sheet for this.

Short answer:
It will not work out quite the way you think.

Complain on what basis? If you wish to get the platinum card, then did you submit proper income documents?

I'm pretty sure that's the intention of Maybank into making the public thinks it's so easy with just a simple 8.8%p.a haha .. so everyone think like you and everyone apply this credit card ...

I'm not very smart so I also can't answer you question but I'm pretty sure Maybank is just not that stupid haha ... 1 year ago I was in really deep shit .. almost the same case as you .. owing 10k and can't pay .. so i went 1U and ask them, they explained bit by bit to me .. in the end I got so scared by the calculation, I borrow money from friends to pay CC .. but so long jor so I forgot ... The interest is something calculated by day ... I suggest you go 1U and ask .. they are very kind to explain in details

This post has been edited by GymBoi: Jul 27 2012, 04:29 PM

Yes, I did but nowadays they are very strict on what is considered base salary vs gross salary with commission. And savings with increasing balance is mandatory for approvals these days.

in that case, you might wanna to consider writing an appeal? bear in mind, changing the current gold to plat will incure another GST RM50.

OPS! I am not in the above situation .. I am just asking IF I can get free loan based on my thought, why not? ...

It will not work.

For example:
1st month, (10000-50)*8.88%/12= 73.63 (interest)
2nd month, (9950+73.63-50)*8.88%/12= 73.80 (interest)
3rd month, (9973.63+73.80-50)*8.88%/12= 73.98 (interest)

Therefore:
1st month, 73.63-50= 23.63 (net interest)
2nd month, 73.8-50= 23.8 (net interest)
3rd month, 73.98-50= 23.98 (net interest)

The interest will keep increasing because the it is adding to the principal amount of 10K.
This is so called Compound interest, which mean interest on interest charged.


But, taking into consideration of treat point
Monthly earn 1k x 5 = 5000 equivalent to RM 25

Actually in first few month you will get surplus/gain, but you will get lose after that due to the compounding interest.

Above calculation, you have to make sure monthly spent of RM 1000 is entitled for 5% cash back and 5x point.

This post has been edited by zenhai88: Jul 27 2012, 06:04 PM

I guess you don't read my articles nor this thread.

Thanks for the workings above. If MBB imposed 6% or less than maybe can earn something.

Just charge RM10K into MBB 2 AMEX and earn RM50 cash back plus 50,000TP (RM250 in cash vouchers), then go find BT offering 0% for 12 months. Then every month for the next 11 months spend RM1K and we will end up earning pocket money up to RM600 pure cash back plus 105000 Treats Points (about RM500 in cash vouchers)

Anyway, no matter what, if don't have RM10K to repay the initial RM10K spent when time comes, also in deep shit.

This post has been edited by Gen-X: Jul 27 2012, 06:27 PM

Just upgrade my Gold to Platinum.,... Does anybody tries the protection retail??

bro how u upgrade? via payslip?

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Added on July 27, 2012, 10:27 pmgood one!!!

like that u guys also managed to thought of it hahhaha

This post has been edited by maru: Jul 27 2012, 10:27 PM

Yes I use my BE form and 3months payslip.... But they dont agree to upgrade my credit limit.... They say credit limit is judge by my salary two times....

my i know how much is ur salary?

I have a supplementary card (Maybank 2 Gold Card) under me but i do not know how to pay for the supplementary credit card bill. I am able to check the amount at maybank2u but really no idea on how to pay it.

Anyone able to help in answering my question? I have tried sending emails to maybank to ask but their efficiency is just a speed of turtle and not really providing any solid help.

good. i had already sent in.

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Added on July 28, 2012, 9:39 amso you just changed from gold to platinum without changing the credit limit?
dont you think it's almost the same?

This post has been edited by ck23: Jul 28 2012, 09:39 AM

Call CS instead. Number at back ur card. Telco charge applies. No harm.

tried it just now, can't pay with amex
you will get:
Transaksi tidak sah dan bayaran tidak diterima.[Maybank] Merchant is not allowed to process cards in this Payment system

Noted you got M2U. You got MBB current account or savings account? If yes just follow the instruction for payment/transfer.

If got no MBB 2 CASA, go to MMB Branch and pay using the Cash Deposit Machine. Follow the instruction and key in your Supp card number.

No problem in paying principal card but can't get any option to pay supp card at M2U.

OIC, pay towards principle card account and it will be auto adjusted for Supp. If you see the statement summary, supp card charges are included into the Principle account.