hi guys.. just got a call from a lady "claimed to be from ocbc" offering a call for cash based on my ccard .... giving 5K cash with 6% Flat rate.
Basically does it really worth it ? Flat rate =/= effective rate right ? I assume the interest we will actually pay is around 10% per an. ?

- If im not in need of money.. this is def. waste right ?
- what if i use the money and clear my other bank's credit card ? 10% is still better than 18% ? hmm

Or is this a scam ?