there is no "money transfer".

you SPEND using the credit card by reloading into bigpay.

how you want to do with the money inside bigpay is up to you.

you repay the credit card as per statement.

yaya..once receive and activated, can do all kinds of thgs till hit your credit limit.

Treat your card as your cash...then u can imagine what can your card does.

when your salary out. Do you need to sign up cash installment plan to use your salary?

Do you know what is cash installment plan? when do you need sign up cash installment plan?

CIP is basically a LOAN.

any cc -> bigpay = spending/charging with the cc. simple as that.

Yes you are right. but you just got your cc, so fast wana become card slave? The process of taking out cash from cc is called cash advance.

Not advice to do so, is its just temporary solving your financial problem. For cash installment plan, it can be like you take out RM5000 or you buy an item RM5000 and you pay over a plan period e.g 3,6,12,18months.

For cash advance, 100% will have interest. But for purchase and pay over installment plan, there MIGHT be 0% interest one. (which I think this should be the function you utilize on your cc, that give you cash flow).

CC is not your cash ya...it gives convenience to people in make using of bank money first and pay back later (0 interest up to 50days)

For newbie, it is advised that you using it every month, pay full for statement balance before due date, recycle the process without any OVERDUE balance.

Money from CC to bp is not transfer. Its like u use your cc to swipe at bp, which is money in bp. you can do it via bp app.

topping up bp does not attract late payment rate/charges.
to avoid late payment rate/charges:

1) pay according to the statement amount/balance = full payment.

2) refer the payment due date stated in the statement.
20-day grace period is only applicable if you paid in full last month.

to be safe, always refer the due date in the latest statement.

under normal circumstances (pay in full by due date), you get extra 20 days grace period.


no idea on the late payment fee (not interested to find out). better read the documentation from the bank.

no. this is not how interest being imposed.

read the bank's documentation.
https://www.hsbc.com.my/credit-cards/features/fees/

you can find more in hsbc website. have you done that?

Usually for most of the CC interest charges...

Lets say you spend RM2000 on 1 September.

20 September statement out. (Statement balance RM2000)

Due date 10 October. You pay RM1999 on 9 Oct. (Overdue RM1)

Interest 18% p.a will be calculated on RM2000 from 1 Sep till 20 Oct(next statement that shows your fees)

roughly like 18% x 50days/365days x RM2000

Just for rough example for the interest you will kena if late payment. Lets say you pay RM1 at 11 Oct. then interest will be calculated from 1 Sep till 10 Oct (40 days interest kena charged for the RM2000)

Credit card usage has no interest unless you don't pay full statement balance, pay late or use cash withdrawal (using your Amanah CC).

If you pay on time, no issue at all. Nothing to worry about, interest is our least worried thing at least to most of us here. We don't pay any interest to banks.

Read again carefully ya.

Charge 50 days - is on the statement day. If you pay late, it will calculate from the date of your transaction till the date you pay in full.

Charge 40 days is if you pay on 11 Oct. Estimation from 1 Sep-11 Oct = 40days...

If you swipe ur card on 1 Sep...and you only pay back on December,  means u got to pay interest from 1 Sep till December + the original amount you swipe (RM2000 + interest)

If you want to avoid all these calculation, just do like our sifu say. You swipe this month, statement out, you pay FULL on your statement amount before due date. No interest if pay FULL before due date every month.

yes. Consider as spending. they will email you after like 3-6 weeks. just wait patiently and check your spam mail.

You sound like you are planning to put yourself into credit card debt soon.