Compound interest la,  @bunga atas bunga. Understand? If every month pay in full no need to worry compound or non compound interest. Only Islamic card got non compound interest.

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.

What does it mean by statement cycle is on 18th of each month? Does it mean all transactions made up to 18th inclusive? Or all transactions posted up to 18th inclusive?

All transactions that is posted from 19th to 18th will be generated in that month of statement.

Yes you are right.

For some it will get posted on the same day, like aeon supermarket using mbb cards. Always get posted on the same day.

about 50 days max, for those posting just right after statement date.

that's why it's advisable to keep track of all your cc transactions, then you'd know where & when to spend, especially near statement date.

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.

Yup. My budget follows my credit card payment cycle

that's the behavior of all credit card statement cycle. nothing to burden.

same like monthly postpaid bill or utilities bill. you dont pay every day of usage. you pay according to monthly statement.

is the score here referring to the CTOS score?
If otherwise, I don't get the question.

1% of outstanding amount, min rm10 max rm75

Yesterday I just got my approval for my credit card after clearing my debt 3 months ago

Wondering whether I can apply another card or not

How is late payment charges %  calculate? i pay full amount all the time, but may miss this month's full payment due to some problems. will i straight kena 18%?

Depending on how long is your card, if more than 1 year the rate is 15% pA.

15% p year not per month.

https://forum.lowyat.net/topic/4475541/+820 , here are samples how interest are calculated. Cc is licence ah long,lol . If possible always pay in full.

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.

Bank probably view you as a potential customer to be able to spend more/need more to spend.

If you are planning to apply for a big loan such as property/business loan, it is better not to increase the exposure to unsecured credit facilities (repayment period is short so relatively the repayment amount is bigger).