Yes, you're dealing with the bank. Every month a fixed amount will appear in your statement till the repayment ends.

You can opt for early settlement but not sure if you'll be charged for penalty. Some said no with Maybank.

Of course you need to inform them. I believe them is referring to MBB.

Yeap. If not, they won't know and the fixed amount will still be posted into your statement till the official end date.

Whatever amount you paid will be allocated to clear your current outstanding and won't be allocated specifically for your easy pay plan.

You'll definitely use the card for other transactions as well and accumulate certain amount of outstanding.

If you don't tell that bank that you wanted to settle easy pay plan earlier. They'll be obligated to charge that fixed amount to your statement monthly till your plan end date.

I hope you could grasp what I tried to explain here in words.