how much is the minimum spent?

What’s the best credit card for overseas use?

Hi guys, my boss advised me to get a CC since our line of work might need it. So I am thinking to get a basic CC. There are a few questions that I hope to be able to answered here. Here goes:

1) I read that it is best to use the CC and clear off any balance before the 30th day, which can positively impact your credit score, what about installments (0% or with interest)? Given that I am able to pay on time, but may not able to clear off all in a month. How does it affect my credit score?

2) How does it work with installment (0% or more) offered by some merchants? As far as I know, I am paying the bank but not the merchant directly. Does it mean the merchant will liaise with the bank to adjust the interest rate and I just pay the % the merchant offers?

3) What will happen to my credit card if I do not use it in a long time? And will that affect my credit score?

4) Applying for <Maybank 2 ___ Cards> means I will get 2 cards straight? Are the points accumulate separately for Maybank Amex and Visa/Mastercard?

Hope CC sifu can answer my questions, sorry if I made you confuse as I am ignorant in CC

Hey, thank for the 20cents

1) Yea my mistake on that part. So if a bank offers "20 days interest-free period" means it is Statement Date + 20 days, right?
Do you mean you clear off all outstanding balance prior to the statement date?

2) Does that mean if a merchant offers 0% installment plan (with no hidden charges), then I can straight use my CC to pay and it will apply automatically to my CC?

3) Yeap, going to do that. Thanks!

4) Noted. Thanks!

yep, but ~50 days interest free if you spend on 25-Dec only.

the 20-day interest free is from bill date, not not everyday spending will get ~50 days.

illustration...

just got my 1st cc, should I really sign the back of my credit card? 

if PL is cheaper, why people are still using AEON ?

if PL is cheaper, why people are still using AEON ?

Thanks! So a day diff may mean having to pay by the same cycle, or the next!

Swipe/posted on 18th July = payable by 7th Aug
Swipe/posted on 19th July = payable by 7th Sep!!!

Or am I getting this wrong?

Is it really worth it though? Sounds like too much effort for 0 gain. You're making things easier for your current self at the expense of your future self.

yep, but ~50 days interest free if you spend on 25-Dec only.

the 20-day interest free is from bill date, not not everyday spending will get ~50 days.

illustration...

Thanks for confirming!
Say you incur the expenses anyway, it makes sense to have the payment delayed. Like them credit terms, the longer it takes for you to pay, the better it is!
I should do the same for my budget too!
Make sense!

only upon renewal.

KUALA LUMPUR (July 19): Service tax on credit or charge cards, which was scrapped when the goods and services tax was implemented back in 2015, has made its way back in the proposed new model for the sales and services tax (SST), which is deemed SST 2.0, that is due to be implemented on Sept 1.

According to the Royal Malaysian Customs website, under the Frequently Asked Questions on Service Tax, the following was stated as Question 35:

Q: Will I be charged RM25 on existing credit or charge card on Sept 1, 2018?

A: The existing effective period of the card will not be subject to service tax of RM25 until the next annual renewal.

In other words, the service tax of RM25 on each credit or charge card that an individual owns will be charged upon renewal of the card.

It should be noted that the amount is less compared to the old service tax model. Under the old service tax model, a service tax of RM50 a year on each principal credit card and charge card, and a service tax of RM25 a year on each supplementary card was implemented.

Under SST 2.0 the RM25 charge will be applied to each credit or charge card, regardless if it is a principal or supplementary card.

Yeah, that's what I meant. This round no right? It follows the expiry MM/YY?

How about PBB Quantum Master & Visa then? 

I got 2 CC, pre GST, i paided RM50x2 annually.

If this new SST get approved, its going to be RM25x2 for me.

If can, i dont want to pay this RM25x2

Hello,

Banks Have a complex and a slow process,  and sometimes they are not even able to provide you with the correct reason for rejecting the Card application.

The same thing happened to my colleague. and just to try her luck she applied through a Credit card Comparison site and was approved and she got the card in less than a week

Moreover, she received some gifts and a voucher for approval      . Good isn't it ??
Try applying it from here - https://www.bbazaar.my/credit-card.html

need sifu here help
when BANK put CC annual salary requirement per annum is gross salary or net salary

Anyone have anyidea which cash back credit card does not pose minimum spending to get the cash back??

Citibank Cash Back need spending above Rm1k to get the Rm30 cashback.. meaning I need spend sooo much more only toget Rm15 petrol and RM15 Tesco cashback.. seems like not worthy already...

UOB one card now only spending weekeng only can get cash back... much better.. but only weekend.. hrmm....

thanks. i will post there to get more info...

M2c amex i am using as well. this does not have cash back from what i know...