Really bro? I just checked my statement again on HL Connect, it was stated that I paid my cc at 7th march although my due date is 6th march. Hopefully, no late payment charges though. I dont see any penalty or fines in HL connect for now

Nah, it will not.
I do have late payment of 1-2 days before due to weekends, no issues so far after so many years.
However, I'm not encouraging you to do late payment every month la.

You have absolute grace period of 3 days but not advise to do test this as far as possible.
Even if you want to test, is better give them a call.

Hi all... may I know if Starbucks reload considered as dining ?

Thanks.

some starbucks yes. you may view the mcc thread.

Yup but as they replied to you: not advisable to take the risk, next time put a reminder in your calendar a day before your due date

hi all,

reloading touch n go under which category for CB a ?

plan to apply this hlb wise card soon.

is the annual fee waivable ?

i know some already answer in the previous page, but it's just too many page to search for answer, so appreciate for answer.

thanks.

highlighted blue: reload tng, no CB. However, you must understand that CB depends on the WHERE you reload TNG. refer this topic for the list of merchants that accept CC to reload TNG. If you reload from Grocery merchants, do ensure your selected category is Grocery too.

search for answer: you dont need to flip all the pages here. There's a [Search Topic] function on the lower-left corner of this forum. make use of this function.

This post has been edited by cybpsych: Mar 9 2016, 02:40 PM

AF is cannot be waived.

Bank has a hidden rule of 2 days allowance from your statement due date.

Say your statement due date is 12th March. You pay cash in their cash deposit machine/ instant transfer/ bank in at counter, there will not be late charges. This is because the bank allow 2 days floating for cheque banked in on 12th March. Hence, if you pay via a method which will instantly goes to the credit card account on 14th, there will be no late charges. If you do normal bank transfer on 14th, you kantoi la.

I have been doing that for years. Instant transfer on date like 14th. Let the money sits in my full flexi housing loan account.

Your instant transfer costs 53 sen vs 11 sen for IBG. Have you considered whether the extra day is worth 42 sen?

Ofcz. For 1000 I keep in in my housing loan account, I get RM 0.50 everyday.

There is another more extreme way to keep your money with yourself longer.

1) Pay minimum amount on statement right on the statement due date
2) Pay the balance right on the day before your credit card cycle ends

If you do both of that, there will be no late charges, interest charge. But I am not so free to do 6 times transactions in a month.

Guess you have over stated the home mortgage interest you going to save for the money sitting in your account.

Assuming 6% interest saving: RM1000 * 6% / 365 = RM0.165 only

See below for calculations. I would be surprised if you actually save 50 sen per day.

May I suggest instead of instant you do IBG in the morning? As IBG is now same-day as long as transfer before 10am or something (tried and tested many times by myself). I do that to avoid losing any interest when moving between banks.

Better still keep your money in the HLB's eFD, but the interest rate are bloody low, 2.95%
Rather than you use future money, you save the money for 1 month, make some interest before pay your card debts

Yeah, normal practice for me unless the payment is larger than 4k.
Outstanding amount in HLB system will be instantly updated for IBFT while 1 day latency for IBG.
Anyway, too much OT, sorry.

IBG Before 5pm, you will get the $$ by 11pm on the same day

monday already make the tnb bill payment, but until now i think still not yet paid as i checked from tnb website.

so which part was slow?

yes, just check from hlb connect, not even stated the transaction yet. damn slow