For petrol and groceries you guys use what?

RM0.00 CIMB: Enjoy 15% OFF High Tea Set at Haagen-Dazs dine-in outlets. Promo valid from now till 31 MAY 2018. T&Cs @ www.cimbbank.com.my/hd15

i wonder if people really spent that much overseas ? 

i have statement balance @ RM 2,589.16, due 16 May, then 18 May only i pay the balance.

on the same day bank charged me late charges RM 25
then end of the statement cycle bank charge me 'finance charge' RM56

late charges RM 25 is not interest ? anyone can show me how to calculate ?

To encourage the use of their free IBFT.

RHB free...OCBC also free..CIMB free..

i talking IBFT..
why dunwan use IBFT..i also dont understand..why waste ur petrol go to bank to deposit cash or bank cheque to pay cc outstanding bill..

What about cash advanced?

i think he refers the call for cash

clarified with cimb.

as long you did not settle full amount of your statement balance, hence all transaction will be charge interest, not outstanding.

in summary
Spent rm10,000.00
paid rm 9,900.00 ( before statement )
Statement balance = rm100.

paid rm 60 cash, hutang rm40.

interest charge is daily interest x rm10,000.00 x no. of days untils the ( rm40 ) fully paid.

 

crazy

13. Financial Charge
(iv) Any unpaid balance arising from the purchase of goods and/or services and/or cash advances as at the Due Date shall be subject to the finance charges until full repayment of the outstanding amounts.
(v) The finance charges shall be chargeable on the balance that remains outstanding in the account from the preceding monthly billing statement date arising from the purchase of goods and/or services and/or cash advances, which shall be calculated on a daily rest basis.

14. Late Payment Fee
Notwithstanding Clause 13(a)(iii), if the Cardholder fails to make the minimum payment due on the due date, a late payment charge of 1% on the total outstanding balance (subject to a minimum of RM10.00 and a maximum of RM100.00 or such other limit which the Bank may decide provided that such limits decided by the Bank do not exceed those prescribed by the Applicable Laws and Regulations) will be charged for each month that the minimum payment due is not paid. This late payment charge is imposed by way of liquidated damages and not as a penalty and shall be payable before, as well as after any court order or judgement. The Bank shall however grant the Cardholder a grace period of four (4) calendar days after the payment due date where the payment due dates fall on a weekend or a public holiday.

found something interesting, base on formula you provided. also similar iMoney - Understanding Credit Card Interest-free Period

[attachmentid=9881331]

if somehow you make yr payment in advance & swipe on later date (untested & unproven)

*maybe bank safe guard/supersede "-interest" suddenly feel like better than cash back

Hi, just wanted to ask about CIMB free IBFT transfer. Will it end this month 30th June or will continue until further noticed?

I have just noticed that many other banks just started Free IBFT promo from 1st July. So I am not sure about CIMB. Thanks

just got the sms saying my CIMB Lazada prepaid card application is rejected.

I have tons of credit cards under my name and this "prepaid" card application get rejected. 

customer service say they won't disclose the reason.
how you know your rejection reason?