Mar 10 2014, 08:40 PM
QUOTE(bananalow @ Mar 10 2014, 08:04 PM)
Hi, Does anyone know how is instalment work if swipe with maybank 2 card? would they charge one large amount on weekend(eg. I swipe on weekend) then I get the cashback or they would separate out in each month?
One more question, If I used it as instalment, would it affect my credit limit for my following month? For example, I swipe 5k this month and credit limit is 7k, since i pay it with instalment, the credit limit would be left 2k for next month and slowly restore back to 7k when I finished pay my installment.
Sorry for long question cause I never use it.
For the purchase with installment, you will get all your cashback at one go.One more question, If I used it as instalment, would it affect my credit limit for my following month? For example, I swipe 5k this month and credit limit is 7k, since i pay it with instalment, the credit limit would be left 2k for next month and slowly restore back to 7k when I finished pay my installment.
Sorry for long question cause I never use it.
For your second question, yes, your credit limit will be affected as you describe.
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