anyone here know where to set up insurance auto bill?
Credit Cards Standard Chartered Bank Credit Cards V4, Everything About SC Credit Cards
Credit Cards Standard Chartered Bank Credit Cards V4, Everything About SC Credit Cards
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Jun 21 2019, 06:15 PM
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Junior Member
262 posts Joined: Aug 2018 |
anyone here know where to set up insurance auto bill?
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Jun 21 2019, 06:16 PM
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Senior Member
3,039 posts Joined: Jan 2003 From: Laputa |
ini bank card still can pakai?
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Jun 21 2019, 09:50 PM
Show posts by this member only | IPv6 | Post
#7183
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Senior Member
826 posts Joined: Oct 2004 |
QUOTE(zinze36 @ Jun 21 2019, 06:15 PM) Auto debit should be setup by initially when you purchase your insuranceTo modify which card to charge: 1. Speak to your agent to settle 2. Login to its customer service portal to make the change 3. Fill up auto debit form found in its website then email |
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Jun 22 2019, 01:54 AM
Show posts by this member only | IPv6 | Post
#7184
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Junior Member
192 posts Joined: Oct 2009 |
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Jun 22 2019, 12:13 PM
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Staff
72,844 posts Joined: Sep 2005 From: KUL |
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Jun 22 2019, 12:20 PM
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Moderator
10,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(sl3ge @ Jun 9 2019, 09:53 PM) Any insurance expert here? My GE now paying quarterly, if i change it to monthly(and let JOP autobill) will it effect my GE cash value in future? because last time i am GE agent, and i use their software to generate my future cash value return table, quarterly is higher than monthly. is it due to processing fee or anything else? QUOTE(fruitie @ Jun 9 2019, 11:33 PM) I use GE too and wanted to pay every quarterly, half-yearly or annually but my agent said it has no difference for my case, as there won't be any discount if I were to pay lump sum. Hence, since day 1 I'm already on monthly auto-debit. QUOTE(mcricky @ Jun 10 2019, 07:44 PM) Not expert, just share my knowledge told by my agent, correct me if I'm wrong if any expert here. From what my insurance agent told me, it will affect the cash value if pay monthly, since you basically invest less time. Just like you either put your money in 12months FD OR you put the FD monthly.For those investment link product, if you change your frequency mode of payment i.e from annual to half year or quarter or monthly it won't affect your premium payment amount as it's divided accordingly. But for those non investment link product, you'll be charged processing fee: 0%for annual, 2% for half year, 3% for quarter and 5% for monthly. And for those who plan to change to monthly mode, it won't effect immediately next month, it will only effect on your next policy anniversary date. But the difference I think should be negligible. My agent suggest to take the OCBC GE card which will pay 1 year lump sump and auto convert to installment. |
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Jun 22 2019, 12:36 PM
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Senior Member
1,367 posts Joined: Jan 2003 |
QUOTE(HMMaster @ Jun 22 2019, 12:20 PM) From what my insurance agent told me, it will affect the cash value if pay monthly, since you basically invest less time. Just like you either put your money in 12months FD OR you put the FD monthly. Pay monthly Invest less time meaning?But the difference I think should be negligible. My agent suggest to take the OCBC GE card which will pay 1 year lump sump and auto convert to installment. |
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Jun 22 2019, 12:37 PM
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#7188
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Senior Member
3,305 posts Joined: Dec 2012 |
QUOTE(sl3ge @ Jun 9 2019, 09:53 PM) Any insurance expert here? How about yearly? Will get more than by paying quarterly? But Insurance can use for JOP autobill.My GE now paying quarterly, if i change it to monthly(and let JOP autobill) will it effect my GE cash value in future? because last time i am GE agent, and i use their software to generate my future cash value return table, quarterly is higher than monthly. is it due to processing fee or anything else? QUOTE(HMMaster @ Jun 22 2019, 12:20 PM) From what my insurance agent told me, it will affect the cash value if pay monthly, since you basically invest less time. Just like you either put your money in 12months FD OR you put the FD monthly. Good idea. Some credit card can convert to 0% installment.But the difference I think should be negligible. My agent suggest to take the OCBC GE card which will pay 1 year lump sump and auto convert to installment. |
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Jun 22 2019, 01:10 PM
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Moderator
10,308 posts Joined: Jan 2003 From: Kuala Lumpur |
QUOTE(sl3ge @ Jun 22 2019, 12:36 PM) From what I understand, it is something like this:Yearly = You pay a lump sum and they invest all 12 months with the total you paid. Monthly = They only invest amount you paid. So month 1, they only invest the 1 month amount you paid. Eg: very SIMPLE example: Monthly = RM100; Yearly = RM1200 Total Monthly Investment:- Monthy Month 1 = RM100 Month 2 = RM200 Month 3 = RM300 etc Yearly Month 1 = RM1200 Month 2 = RM1200 Month 3 = RM1200 etc Maybe insurance expert can correct me if I'm wrong. QUOTE(jiaen0509 @ Jun 22 2019, 12:37 PM) How about yearly? Will get more than by paying quarterly? But Insurance can use for JOP autobill. ya, but this ocbc can auto convert. but minimum premium is 2.2k.Good idea. Some credit card can convert to 0% installment. |
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Jun 22 2019, 04:20 PM
Show posts by this member only | IPv6 | Post
#7190
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Senior Member
1,962 posts Joined: Nov 2011 |
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Jun 22 2019, 04:26 PM
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Senior Member
2,552 posts Joined: Jan 2008 |
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Jun 22 2019, 04:44 PM
Show posts by this member only | IPv6 | Post
#7192
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Senior Member
1,962 posts Joined: Nov 2011 |
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Jun 22 2019, 05:06 PM
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All Stars
65,327 posts Joined: Jan 2003 |
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Jun 22 2019, 07:09 PM
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Junior Member
664 posts Joined: Jun 2017 |
Hi
I am an existing JOP cardholder. If i request to get the LFC card, is it possible to request for cashback to offset the SST? Anyone has done it before? |
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Jun 22 2019, 10:51 PM
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#7195
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Senior Member
3,305 posts Joined: Dec 2012 |
Want to confirm is Just One no more AF waive next year?
Just got my JustOne and LFC card. Mean I have to pay both AF next year? OMG |
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Jun 22 2019, 10:53 PM
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Senior Member
3,100 posts Joined: Dec 2007 |
QUOTE(jiaen0509 @ Jun 22 2019, 10:51 PM) Want to confirm is Just One no more AF waive next year? No one can confirm since we have conflicting T&C from both SC & RinggitPlus. RinggitPlus specifically mentions "no automatic waiver" so it certainly sounds like we can give SC a call once your AF shows up in your statement.Just got my JustOne and LFC card. Mean I have to pay both AF next year? OMG |
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Jun 22 2019, 10:56 PM
Show posts by this member only | IPv6 | Post
#7197
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Senior Member
3,305 posts Joined: Dec 2012 |
QUOTE(talexeh @ Jun 22 2019, 10:53 PM) No one can confirm since we have conflicting T&C from both SC & RinggitPlus. RinggitPlus specifically mentions "no automatic waiver" so it certainly sounds like we can give SC a call once your AF shows up in your statement. Because I saw someone from here shared about the condition for JustOne has been removed.LFC is confirmed no AF waive. Just dont know JustOne |
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Jun 22 2019, 11:18 PM
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Moderator
10,308 posts Joined: Jan 2003 From: Kuala Lumpur |
For syabas, no autobill?
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Jun 22 2019, 11:24 PM
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Senior Member
3,100 posts Joined: Dec 2007 |
QUOTE(jiaen0509 @ Jun 22 2019, 10:56 PM) Because I saw someone from here shared about the condition for JustOne has been removed. JOP statement from SC: https://av.sc.com/my/content/docs/my-sc-jop...credit-card.pdfLFC is confirmed no AF waive. Just dont know JustOne ![]() JOP statement from RP: https://ringgitplus.com/en/blog/Cash-Back-C...-July-2019.html ![]() |
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Jun 23 2019, 06:09 AM
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#7200
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Junior Member
192 posts Joined: Oct 2009 |
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