Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

Credit Cards Maybankard 2 Gold & Platinum Cards V8, Pls read post 1-3 & use Search Topic 1st

views
     
plurbuddyskuppy
post Oct 30 2013, 10:24 AM

Casual
***
Junior Member
301 posts

Joined: Dec 2009
Hai. I got one question here regarding Minimum pay amount.
Just now i check my credit card account, and the bank already state my minimum payment amount, eg (RM50).
But i do not click at that one, i click at the Pay Any Amount Now becoz i do want to pay more than that, eg(RM200).. I tout the minimum payment amount will clear after i pay more than that. So my question, if there still got amount in Minimum Payment Amount, is it mean i still need to pay that amount this month or just leave it? and if i do not pay that Minimum Payment Amount becoz i aldy pay more than that using Pay Any Amount option, what the problems will be happen? Please make me clear about this. Thanks in advance..
plurbuddyskuppy
post Oct 30 2013, 10:54 AM

Casual
***
Junior Member
301 posts

Joined: Dec 2009
QUOTE(ronnie @ Oct 30 2013, 10:37 AM)
Does the RM200 you paid = Statement Balance ?
*
not. My statement balance 400. i pay 200. minimum pay amount RM20
plurbuddyskuppy
post Oct 30 2013, 11:33 AM

Casual
***
Junior Member
301 posts

Joined: Dec 2009
QUOTE(cute_boboi @ Oct 30 2013, 11:11 AM)
The minimum-amount and statement-balance will be there, until the next billing date.

So, if you pay 200 out of 400, it is fine. i.e. already comply with the minimum 20.

However, most of us here advise everyone to pay full 400 and do not let the bank earn interest from you.
icon_rolleyes.gif
*
actually i always keep the balance to zero value. but this month need to pay something else more important. sweat.gif
but will clear the amount by next month.

btw, thanks for your explanation.



Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0422sec    0.52    7 queries    GZIP Disabled
Time is now: 10th December 2025 - 08:54 PM