Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed
4 Pages < 1 2 3 4 >Bottom

Outline · [ Standard ] · Linear+

Credit Cards Credit Card v20, Post/Ask general questions here, Please read post 1-3 before posting, tq

views
     
MGM
post Jan 13 2020, 08:08 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
I read somewhere that according to bnm, banks should give few days grace period after credit card's due date for full payment. Do banks have to comply with this?
MGM
post Jan 13 2020, 11:09 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(car_computer @ Dec 9 2019, 03:42 PM)
my card payment due is 31 July. i made full payment on 1 Aug, and HLB charged me late payment penalty and interest. i appealed, but HLB only waived late payment charge, and interest charge cannot be waived. they refused to reverse interest charge although i appealed for second time.

i heard some where in credit card related forum (few years back) that BNM ordered banks to give grace period of few days (after due date) before they can charge interest. is it true ? can someone enlighten me on this before i make an official complaint to BNM ?
*
Hi, what is the outcome of your case?
MGM
post Feb 12 2020, 10:14 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(1tanmee @ Feb 12 2020, 10:11 AM)
Bank wants to increase my CC Credit limit. any issues i should be aware of?
*
I will take it if it offers cashback/rewards for ewallet topup or 0% BT.
MGM
post Feb 26 2020, 09:47 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(arthur88 @ Feb 26 2020, 09:24 AM)
just checked, for boost or bigpay dont entitled for cash back...and need to spend 2.5k only can enjoy the cash back...
thanks though...i got eye-ed on this card before, but tnc remain same...
*
rm2000 & above to enjoy 8% cb.
MGM
post Feb 26 2020, 11:04 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(arthur88 @ Feb 26 2020, 10:42 AM)
my bad...but still the marketing gimmick 8%.... puke.gif
*
If u spend on BP-rm1800 and Grabpay+TnG-ewallet=rm200, u will get rm15+4=rm19 ~0.95% cb.
rm15 from 7.8% of rm200 caped at rm15.
rm4 from 0.2% of rm2000.
MGM
post Mar 9 2020, 11:23 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(MixBlood @ Mar 9 2020, 09:36 AM)
Oh I thought 15% sweat.gif Thanks for the info
Because I'm in need of something but don't have 1 shot money in hand, so can't pay back lump sum sad.gif
*
There r ways to avoid this. BT, flexipay, Bigpay, Boost n Gopayz.
MGM
post Apr 6 2020, 04:10 PM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
Some banks even if 1 day late, they will start charging interest on the outstanding balance after the last statement right?
MGM
post Jun 8 2020, 07:28 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
Currently ocbc got the following campaign.
For d condition "For every RM50 spent in a single receipt on all other retail transactions", does it mean that if I reload rm1000 to Boost it is considered as 1 entry n not 20 entries?

user posted image
MGM
post Jun 8 2020, 08:37 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(rojakwhacker @ Jun 8 2020, 07:58 AM)
1)Transaction for online or in store for grocery and online or in store for dining only.= 5x
2)Transaction for all retail only = 1x
3)Every RM50 spent in a single receipt = spent any amount in one receipt, each RM50 in the any amount gets 1 entry(all retail other than online grocery and online dining)
Example for online (grocery or dining) or in store (grocery or dining) :
a) spent RM100 in one receipt, RM100 divide by RM50 multiply by 5x = 10 entries.
b) spent Rm1000 in one receipt, Rm1000 / RM50 multiply by 5x = 100 entries.

Example for all retail:
a) spent RM100 in one receipt, RM100 divide by RM50 = 2 entries.
b) spent Rm1000 in one receipt, Rm1000 / RM50 = 20 entries.
*
I tot I read somewhere with similar t&c that should be the interpretation but CS said reload rm1000 to Boost in a single transaction considered 1 entry.
MGM
post Aug 27 2020, 10:05 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(cybpsych @ Aug 27 2020, 09:48 AM)
refer respective bank's requirements according to your income status

example from Maybank

user posted image
*
cry.gif cry.gif cry.gif Retirees cant apply. cry.gif cry.gif cry.gif
MGM
post Aug 27 2020, 10:08 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(cybpsych @ Aug 27 2020, 10:06 AM)
can, if you retire before 65  laugh.gif
*
How? teach me please.
MGM
post Sep 27 2020, 04:43 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
Apart from ocbc-titanium 1%cb and UOB-YOLO+Jompay, r there better CC for payment to IPTA/public universities?
MGM
post Sep 27 2020, 09:56 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(Human Nature @ Sep 27 2020, 09:52 AM)
I am utilizing PBB VS, PBB QMC and now plus Affin Visa. Split and spread over 2 months.
*
Isnt IPTA classified as govt so can't earn cb for the above cards? Sorry i should have mentioned better cb previously.
MGM
post Sep 27 2020, 10:11 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(Human Nature @ Sep 27 2020, 09:58 AM)
Will earn CB, been doing that for the PBBs. Just that won’t be eligible for their campaigns.

Have to add, this is by using the IPTA online payment portal.
*
Thanks. I will be paying rm3k utm fee via https://ecommerce.utm.my/v3/
So no point using PB VS n QM for this month, quota already used up. Dont have Affin VS. So will stick to ocbc also getting rm30 cb. Unless other sem can pay monthly. But the mcc is govt right?
MGM
post Sep 27 2020, 10:12 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(Human Nature @ Sep 27 2020, 09:58 AM)
Will earn CB, been doing that for the PBBs. Just that won’t be eligible for their campaigns.

Have to add, this is by using the IPTA online payment portal.
*
Thanks. I will be paying rm3k utm fee via https://ecommerce.utm.my/v3/
So no point using PB VS n QM for this month, quota already used up. Dont have Affin VS. So will stick to ocbc titanium also getting rm30 cb. Unless other sem can pay monthly. But the mcc is govt right?
MGM
post Oct 21 2020, 01:56 PM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(Human Nature @ Oct 21 2020, 01:40 PM)
Just wondering if it could be due to this?

Income less RM36000 can only hold cards from a max of 2 issuers
*
Does this condition apply to retiree without taxable income who is holding >2 cards?
MGM
post Oct 21 2020, 03:41 PM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(Human Nature @ Oct 21 2020, 02:03 PM)
Hmm, no mention of this.

https://www.bnm.gov.my/index.php?ch=en_pres...&ac=207&lang=en
*
Existing cardholders who currently hold credit cards from more than two issuers are given up to the end of 2011 to select their preferred issuers. Cardholders will also be given at least two years to service their outstanding credit card debt for the credit cards that have been cancelled for the purpose of meeting this requirement.
MGM
post Nov 30 2020, 06:25 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(IntensiveBytes @ Nov 29 2020, 10:37 PM)
I forgot to pay off my credit card yesterday (28th is the due date). I paid it off in full today, so essentially 1 day late. Will this affect my credit score badly and appear on CTOS?
*
There might be late charges n interest for banks that dont have grace period.
MGM
post May 10 2021, 11:11 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
QUOTE(adele123 @ May 10 2021, 11:06 AM)
Btw, how does temporary credit limit increase work?

If my credit limit is 10k, i want to increase to 15k, because i want to buy something that is 15k. Then i swipe this 15k item today after my bank say temp credit limit increase ok. then tomorrow, my credit limit will be back to 10k?

is it something like that?
*
They will give a period of time for the increase.
MGM
post Jul 16 2021, 07:17 AM

10k Club
********
All Stars
18,410 posts

Joined: Oct 2010
With the c19 rampaging thru the country, i am beginning to worry about creditcard accounts if died suddenly. Especially if cards still have unpaid installment for BT, FPP. Any suggestion?
« Next Oldest · Credit Cards, Debit Cards, Prepaid Cards and Loyalty Cards · Next Newest »
 

4 Pages < 1 2 3 4 >Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.3261sec    0.62    7 queries    GZIP Disabled
Time is now: 6th December 2025 - 08:24 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.