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

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eddievh
post Nov 27 2019, 11:19 PM

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QUOTE(JJ93 @ Nov 27 2019, 10:11 AM)
Hi

Does 7-11 accept credit card payments for mobile prepaid reloads? Cause I understand 99speedmart does not accept.
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My favorite place to use card to buy mobile reload is aeon big supermarket.
eddievh
post Nov 28 2019, 12:25 PM

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QUOTE(JJ93 @ Nov 28 2019, 12:22 PM)
I see. Unfortunately there isn't any aeon big near me. Any others places ie Tesco/giant/etc.. that accepts cc for mobile reloads?
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No harm you can try to ask before buy. Tesco use to accept but nowadays they only accept cash.
eddievh
post Nov 28 2019, 08:00 PM

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QUOTE(bryanteng84 @ Nov 28 2019, 05:36 PM)
You got pay statement balance in full or not? When is your statement date every month?
Ok, after spent some looking on your 2 months statement ,seems correct la the calculation. You kena interest + late payment because your due is around 10 or 11 every month but you pay later than that date.

This post has been edited by eddievh: Nov 29 2019, 12:21 AM
eddievh
post Nov 29 2019, 09:40 AM

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QUOTE(bryanteng84 @ Nov 29 2019, 09:24 AM)
statement date on :21oct & 21 Nov
due date:11Nov & 11Dec

yup ..only settle partial payment 2,060.80 on Oct stt paid 800.

but still charge finance interest= 35.43

impossible..mah .

how to get this calculation..i try to workout but cant get it...

pls help... :confused:
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Read post 3028 https://forum.lowyat.net/topic/4475541/+820 , and here ,
www.imoney.my/articles/cc-interest-free-period/amp ,

This post has been edited by eddievh: Nov 30 2019, 06:17 AM
eddievh
post Dec 19 2019, 11:25 PM

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QUOTE(watabakiu @ Dec 19 2019, 09:22 PM)
Finance charge = charge on the outstanding amount from previous CC statement carried into this month statement.

Late charges = charges incurred for failing to pay minimum amount.

this correct?
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https://forum.lowyat.net/topic/4444990/+1900 , read post 1910 . New bnm interest rules is much much complex now. If possible avoid it.
eddievh
post Jan 4 2020, 02:13 PM

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QUOTE(peigeng @ Jan 4 2020, 02:07 PM)
Why sometime keep entering pin for card transaction, it won't go through successfully.keep failing.is my card or merchant problem?
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Enough credit limit when you swipe?
eddievh
post Jan 21 2020, 07:40 PM

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QUOTE(MixBlood @ Jan 21 2020, 05:37 PM)
Hi all, I'm planning to apply CIMB CASH REBATE PLATINUM as my first cc but I'm confuse with the Finance Charge for Retail Transaction as in their website here. Can I know how that fee works?
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If pay in full statement amount then no finance charges incurred.
eddievh
post Feb 7 2020, 05:41 PM

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QUOTE(palankon @ Feb 7 2020, 05:22 PM)
i have a question.

i always pay my statement balance in full.

but this month i have problem, so dont pay full, i left around RM500.

so if i continue my spending habit as normal, on the next statement balance, do i still enjoy the 20 days interest free?

my cut off date is on 18th, and due date is usually on 7th.
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If didn't pay in full there no more 20 days interest free. You will straight away charge interest for all new purchases.
eddievh
post Feb 20 2020, 06:06 AM

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QUOTE(cococonutseller @ Feb 20 2020, 04:52 AM)
Anyone tried BT from a bank (overpayment) then request to withdraw back to saving account as cash?
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Get BP card then transfer to your bank,
eddievh
post Feb 23 2020, 04:52 PM

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Any foodpanda sifu here wanna consult you all,yesterday i pbb card to order FP KFC that order was cancelled but it already appear on pbb authorised charges. I wanted to know this authorised charges won't turn to posted or what? If turn to posted,who shall i call? Pbb or foodpanda ? TIA ,
eddievh
post Feb 29 2020, 07:48 AM

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QUOTE(palankon @ Feb 29 2020, 07:11 AM)
but my question is what if you have balance carried forward.

how do they calculate the interest? arent they using the  "average daily balance" thing?

how to minimize the interest?
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If I not mistaken,pay on a day after statement day will lower your overall interest. Pay on due date will be highest.
eddievh
post Mar 7 2020, 08:18 AM

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QUOTE(GrumpyNooby @ Mar 7 2020, 07:25 AM)
Any action needed from cardholder side?
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Set sms notification to rm1, any unusual transaction quickly barred the card. But bloody Ambank and Standard Chartered bank don't allow to set it to rm1
eddievh
post Mar 7 2020, 11:09 AM

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For card that can't set to rm1, just frequently login and monitor your available credit limit. If you don't have any epp your credit limit should be tally with your current outstanding balance. So far only Mbb we can't know any unposted transaction going on i noticed.
eddievh
post Mar 8 2020, 07:51 PM

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QUOTE(MixBlood @ Mar 8 2020, 06:29 PM)
user posted image

Hi, if I bought something around RM 3000 this month and pay back RM 250 per month meaning it will over by March next year. The taxes above will apply this December or March next year?
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It's not called tax, it's called interest. Every month bank will charge you interest if you don't pay your statement balance in full.
eddievh
post Mar 8 2020, 11:27 PM

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QUOTE(MixBlood @ Mar 8 2020, 09:59 PM)
Oh I see. This calculator show the right amount? Sorry but I'm new to this CC thing and about to use it for the first time. So need to plan it.  biggrin.gif

user posted image
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If you're new card holder,your interest rate is 18% PA not 15% . But normally nowadays bank will sms you offer a one time fee lower interest rate EPP.

This post has been edited by eddievh: Mar 8 2020, 11:40 PM
eddievh
post Mar 9 2020, 09:54 AM

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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
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Please bear in mind, if not pay in full all new purchases will straight away get charge for interest no more 20 days interest free.
eddievh
post Mar 9 2020, 01:37 PM

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For MBB Barcelona card if I request to change my broken card do i need to pay for it? Just appearance only,chip and pay wave still functions. TIA.
eddievh
post Mar 11 2020, 12:29 AM

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QUOTE(bluewhaleram @ Mar 10 2020, 11:50 PM)
I wondered that is that possible to use BigPay to pay for credit card bills  ?

got extra cash laying on bigpay
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Transfer it to your cc account and with 50sen charges.
eddievh
post Aug 14 2020, 04:08 PM

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Generally,on weekdays mbb Barcelona vs mbb2amex which card got higher rebate values? Last time Barcelona 2% but now 1%, mbb2 amex weekdays is equivalent to roughly how many % tage?
eddievh
post Aug 19 2020, 12:04 AM

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QUOTE(watabakiu @ Aug 18 2020, 11:43 PM)
Help me understand this pls..

Current outstanding: 6k
Minimum amount to pay: 1k
Statement date: 18th

So when the statement comes out in 18/8, & i pay only the minimum, so by 18/9 still outstanding 5k. what happens to the new transactions made on 19/ to the card? straight kena interest?
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Yes lor of course lor

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