chanced upon this cardup program upon listening bfm’s podcasts. basically it provides cash flow solutions in the cc ecosystem where it allows you to pay your recurring expenses like rental, with credit card for a 1% fees.

perks: i get to enjoy cashback and accumulate miles points at faster rate

cons i could think of: hidden cost for administrative fees? lock in period/penalty for early cancellation? not sure if there’s any, or just pdpa concerns.

am currently paying rent for 3k per month and 2k for kiddy, around 60k annually which is currently settled by way of bank transfer, since both institutions do not accept CC.

is it worth it for me to opt for this conversion program? costs involved would be 800 ish i guess.

current bank cc: cimb islamic petronas visa infinite & uob visa infinite

oh yeah right maybe i shall learn from the best, i was abit hesitant to pay for that too, and i just found out their usual rates was 2.25%, 1 ish is applicable during promotions, guess i will drop that idea