Hi guys, I'm planning to apply for MBB 2. Went to maybank branch but I still can't understand how to calculate the 8.88% thing. Anyone?

I see I see. I have read genX blog but the maybank officer told me that the 8.88% is charged regardless of paying before or after due date. He told me it's 8.88 divided by 12 months. He also said it would rugi me if swipe for amounts less than rm50. That's why I'm confused now.
Maybe you can share an example, say I spend 1k on Amex, how much would I need to pay back before the due date? What would the statement look like?
Sorry for noob questions. It's my first time applying. Hehe.

Okay! Thanks guys for the good info. I shall apply ASAP. Hopefully can use to purchase i5. Lol.

Just to share, I received my MBB 2 yesterday. Went to collect from post office as I was not home when they delivered.
I tried to use it to purchase movie tickets but was told the card is declined, both Amex and Gold. So I called CS, they asked some questions then activated the cards for me.
Later that day, I used Gold for makan and Amex at Watsons & Esso petrol station, all can work.
Really want to thank all you guys who contributed because all the info are useful for me (first time use CC) hahaha.

But I want to ask if I can get SMS notifications each time I swipe, if it possible for MBB 2? (because when I apply, staff told me no such service...)
Also, anyone with experience can guide me how to purchase iphone5 to get 5X TP and 5% cashback?

EDIT: typo

This post has been edited by Z610ix6: Jan 13 2013, 08:44 PM

Thanks! Will definitely do that.
Forgot to mention that I live in Penang. No Machines. Actually just want to confirm that if I swipe on weekends then will definitely get the 5% cash back which will be shown in statement, right?

Quick questions:
I made a Savers account as recommended by bro GenX, so I want to ask if I can deposit into that account and then go home to pay my credit card bill? Will it replenish my limit immediately?

Thanks man! Need to replenish for CNY.

What would happen if let's say I have rm500 in my account but then I key in rm300 to pay CC, will it allow the transaction or not? If yes, then what happens to the account?