QUOTE(christine_1236 @ Aug 17 2019, 12:21 AM)
Hi all,
Just opened the 360 account 2 weeks ago, together with the ocbc cashflo credit card.
Just wondering, say if I swipe rm600 using the cashflo credit card, and it will be
automatically converted into 3 monthly installment with rm200 each. Does this transaction contribute to the min rm500 spend pillar? If yes, would it be rm600 or rm200 for the next 3 statements?
Thanks.
Not sure but term and condition state installment is excluded.
Read:
3.5 (a)Credit card
(iii)
The following amounts incurred through the use of an OCBC Bank credit card are
excluded from computation of retail
transaction amount:
(a) credit card fees and charges (e.g. annual fees, finance and late payment charges, etc.);
(b) balance transfer;
©
amounts converted to Installment Payment Plan or other similar plans;
(d) retail transaction amounts which are subsequently cancelled, voided or reversed within the same calendar
month; and
(e) such other amounts notified by OCBC Bank from time to time.
OCBC 360 saving account term and condition link:
https://www.ocbc.com.my/assets/pdf/Accounts...unt_TnC_ENG.pdf