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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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zoux90
post Nov 7 2017, 09:30 AM

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Hi guys, I recently just started using my Maybank 2 Cards and currently have around RM1k+ in outstanding balance in it. The minimum payment amount is RM68 but I paid RM100 instead. Is this good enough?
zoux90
post Nov 7 2017, 10:15 AM

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QUOTE(cybpsych @ Nov 7 2017, 10:06 AM)
straight answer: NO!

you should not use cc at all if you continue with this cc repayment practice.

reason: read above explanation.
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Yes, I know this may not be the best practice and I've actually never used my CC like this before. Normally I will use it for small purchases and pay the full amount. But last month I had an emergency and had to use the CC to pay. So I just want to know if how I am paying the balance is okay-ish. Of course paying off the full amount is ideal.

P/S: I am not planning to use my CC any further until I pay off all the outstanding balance.

This post has been edited by zoux90: Nov 7 2017, 10:15 AM

 

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