if i read it correctly, you were asking about epp during purchase. then it's up to the merchant to setup for you. you dont liaise with bank, but of course your available CL should be adequate.

2nd question: to liaise with bank, it would be post-purchase conversion to epp. in your case, which bank/card that offers 0% epp for post-purchase?

be mindful of the relevant fees (if any) attached to the post-purchase epp. enquire this from the bank or read up the literature.

So if outstanding RM100, interest 10%, so interest for conventional:


Month 1=RM10
Month 2= RM110*10%=RM11
Total interest=RM21



Islamic:

Month 1=RM10
Minth 2=RM10
Total=RM20

?

in its simplistic view, yes. interest wont get interest again, hence not compounded.

Yup,something like that la.

should be like this instead?

If like that everyone also like to pay minimum lor but in reality interests is damn kaw high that's why we pay in full to avoid interest.

Hi, just an asking. Will it be affect my scoring if u submit multiple application from CC?

let's put it this way, imaging that your income entitles you to maximum of 100k eligible total credit.

if you apply 1 card, the bank gives you 50K CL, that will take away 50K from your 100k.
apply second card, the bank gives you another 40k, you will be left with 10K.
apply third card, the bank may deem you as high risk in debt since your total committed amount is now 90k over 100K.

True, mean it always depend on your CL and see which bank approve first and taken the limit right?

one shot of multiple cards from different banks may also trigger alert to suspicion. Unless your income is really high and available credit is very high, too.

I see that. Thank for your advice. =)

Will the bank able to see other application if unsuccessful?

It is listed in CCRIS

But if at the moment no CC, applying multiple CC and see which ones are successful makes sense. If not kena all, 1 is good enuff. And since there is lapse in reporting to ccris, banks would not know abt the multiple applications until later.

-SOLVED-

This post has been edited by Mr.7: Feb 22 2018, 09:43 AM

if there is no CC at the moment (1st card to begin with), applying multiple cards is even more suspicious, since there is no credit histories to refer to.

Applied HSBC CC, show pending boarding when retrieve in hsbc online banking. What the pending boarding means?

This post has been edited by Striverly: Feb 22 2018, 05:06 PM

How do I check my anniversary month for my card especially UOB? I can't remember.

One is supposed not to use that card in its anniversary month just in case bank doesn't want to waive the annual fee right?

Isn't it written on your card eg 04/23 ,that mean on expired on April 2023

Wow. I never thought of that. Silly me. Thank you so much for your answer! =)