QUOTE(justanovice @ Sep 2 2017, 12:52 PM)
Actually the minumum amount to pay is stated in the statement. Just pay that amount to avoid getting interest charged.
Generally,Interest is charged when you only pay the minimum amount.
You do not avoid getting interest charged when you only pay the minimum amount.
However,
In the case of HSBC Balance Transfer, a monthly installment entry is shown in the statement.
In the case of HSBC Balance Transfer, yes you will not be charged interest when paying the minimum amount shown in the statement.
(The above is true for HSBC Amanah & might be the same for HSBC.)
Best to just call the telephone number on the back of your HSBC credit card for clarification.
This post has been edited by lohyugee: Sep 5 2017, 01:58 AM
Sep 5 2017, 01:47 AM

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