If you pay the full amount aka in statement balance , then nothing. You get to keep your 20 days interest free period

If you decided to pay minimum , this is how interest is calculated , lets say it is 18 p.a (which means 1.5% per month)

So lets say you bought sex doll from Japan new computer which costs RM 3000 ,

Minimum payment would be like RM 50 , but then you don't have RM 3000 to fully pay , so you pay minimum (which I DO NOT recommend). Instead you pay RM 1500 , do half settlement


This how the bank calculates the interest

Outstanding balance from last month + new purchases made * the interest rate

So if you do not use for the next month the card , aka don't swipe then the interest will occur only on the outstanding payment

this what causes snowball effect

Yep this is true , if the minimum is RM 50 , make sure you pay at least 50% , even tho you cannot settle 100% . It's okay , less interest will occur , so you do not feel the pinch


Banks like people who do minimum/half payment , for them , they can make good money out of you. That's why bank will offer you balance transfer la , additional credit card la