Greeting fella MBB credit card user here. I'm new to this CC thing and I hope I ask my question at the right section.

Anyways, long story short I gotten my Petronas Gold via the FD I made not long ago. And I puzzled with this minimum payment, finance fees, and interest rates.

1. Let say, I sweep 3k with my card on June, and I only can pay 1.5k on June. Will I got any penalty / interest topped into my debt on the next following month payment?

2. The minimum 13.5% - maximum 17.5% per annul interest rate are meant for those that unable to clear they debt within that 12 months?

3. Minimum payment means one pay the minimum required figure to avoid the monthly interest?

Hopefully can get some head out form this thread. Many thanks in advance 1st.

This post has been edited by fylon: Jun 17 2013, 03:06 PM

Hey bearbear! Thanks so much for the clarification.

Now pretty clear with the do and don't with credit card.

Now thinking should I ask for lower down my card limits or not, since the default is 7.5k!