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Credit Cards Maybankard 2 Gold & Platinum Cards V14, #PrayForM2Amex #ripM2Amex

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sj0217
post Aug 22 2015, 10:56 AM

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QUOTE(Khrlzmn @ Aug 22 2015, 10:50 AM)
Guys, i got question, just got my card yestersay, hihihi
Ok, worst case scenario, if due date 30/8, then i cant pay the outstanding balance, is the outstanding balancs gotta increase everyday until next due date or increase once only? Let say next due date is 29/9, so increase just once until 29/9 or everyday until 29/9?
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You can option to pay off your Statement balance (month of spending) , but not outstanding balance (total of spending)

As long as pay off according to Statement balance then no interest will be imposed...

If no mistaken, like everyday interest will be count until full settlement?? hmm.gif but never encounter before
sj0217
post Aug 22 2015, 11:15 AM

Look at all my stars!!
*******
Senior Member
6,483 posts

Joined: Apr 2012
QUOTE(Khrlzmn @ Aug 22 2015, 11:00 AM)
So the statement balance is what? Can u explain in easy way, sory, still new to cc, hahaha

Just need to prepare for worst case scenario if happen in future
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Statement Balance = The amount of the last statement
Outstanding Balance = Transaction yet to bill on your statement, named as unbill transaction and total of your spending on this card



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