Every bank I've ever had a card with has an unofficial grace period within which you do not get charged interest, even though it's pass the 20 days or whatever that they give you.

This is to allow for delays such as IBG, processing problems, etc.

Not something you can regularly rely on, but whenever I've been late by a day or two I have not been charged. More than that then need to beg/plead with CS.

I missed one day before. But that was one-off due to I was away on biz trip and forgotten to make payment. If it's one off and u're charged all those penalty late payment thingy, u can actually request for waiver. I managed to get waiver for cimb after being late for a whole 15 days.

it depend on the amount has utilize rm250 or not, i encounter this myself when i only pay wave less than 5 time but was need to key in pin to refresh due to previous 5 wave amount exceed rm250.

Has not use pb paywave recently, not sure has this been change.

Ok nvm. Starting next year its by salary deduction. So no more option to use CC.

Are you sure? Not that I'm aware of such option. What if people who are not employed?
Option to pay manually is always there.

Not sure if you pre-pay they won't deduct (don't think so). It's like your income tax.

Thank you all for your feedback on the last payment charges. I've just spoken to CS that 3 days after due date is still alright with no late payment charges; my case is just 3 days past due. That said, it's highly recommended for everyone to remember to pay before due date to avoid the charges, hassle, worry etc

On supp card credit limit utilisation, all those transactions were online ones. I just checked that the transactions began to be declined right after the separate credit limit has been fully utilised, so nothing unusual here.

It has to be there, else I cannot enjoy cash back anymore.

I think they'll still deduct even you pre-pay or pay in advance.

Honestly I didn't know the deduction is mandatory.
I thought I can still manually pay for it and earn cash back, now double deduction if I were to do this.

The details are not released yet if I'm not mistaken.
Let them post out the details first.

Faster pay back your loan. Many young students waiting the opportunity to go further their studies.

I'm paying more than required plus earning some cash back from credit cards.
Outstanding is high (RM 50k) and don't want to burden myself now to pay off everything. I'm paying every month 2x more than required monthly installment. Already considered good enough compared to those never pay before.

Wow, platinum so not useful.

Well the monthly deduction will be 1x only, so if you're already paying more.... still can manual pay (just don't gain AS much la).

Received latest statement which is expected with the missing cash back from last cycle due to partial statement.

Just wrote to CS and hopefully it will be credited back to me soon.

I read that premium payment via PruAccess is entitled for 5% cash back, but does anybody know if I still eligible for the 5% cash back if I enroll for auto debit using the same card?

Or else I have to manually do payment every month..

No cashback for autodebit..

This post has been edited by mamamia: Dec 4 2018, 11:29 PM

fruitie sis's genuine concern is that she will lose out on the potential online cashback on the 1x monthly deduction for PTPTN. She still gains online cashback on the additional 1x monthly instalment paid manually.

It is understandable, really. The mandatory monthly deduction is an effective way to force PTPTN defaulters, to pay the monthly loan instalments.

However, the mandatory monthly deduction unfairly penalizes the diligent people who promptly pay the monthly instalment, manually with credit card to gain online cashback, such as fruitie sis and other well-informed posters in this subforum.

I wonder whether PTPTN will allow borrowers to opt out of mandatory monthly deduction, provided that consistent loan repayments are shown for the last 12 months.

I guess that there is no such thing, such as a perfect system.

This post has been edited by kart: Dec 5 2018, 07:00 AM

Since cash back are normally used by by early Non morning, how do you guys pay TNB bills early enough to earn the cash back?