usually i always pay statement balance in full but due to raya my budget lari this month. outstanding reached rm1400 already lul.

im thinking to pay minimum amount so i can breathe a bit.

is it dangerous to play around with minimum amount? cimb.

you paid minimum but interest still charge at full amount tau.

Not dangerous, if you don't mind they charge u interest

As long as you pay minimum amount you'll be fine. CIMB is being a prick lately. If you miss the minimum payment for a month, they will suspend the same amount from your linked Savings Account until you clear the payment (even if your account has insufficient balance, then you can actually see negative balance in your savings!)

In before CIMB no money.

why ppl still dont get it????

Minimum = Paying more interest


so the more you pay minimum the higher the balance gets!

haiya rm1400 only
comme i help u pay

This is called right of set-off

Time to either change your credit card or saving /deposit accounts

For this reason I always separate my loans and deposit bank

you have to pay minimum payment before due date so your ccris will not have a spot.
interest will still be charged to the outstanding amount in your card.

if you can pay off the outstanding within 1 or 2 months, paying minimum for this month is perfectly normal. somemore 1.4k is just a tiny amount.

during my peak last time minimum payment was around 6k

i have the protector shield thingy
how to i terminate it?

1400 interest abit only . its ok

Call your credit card company and ask to terminate

You may need to officially write in

because everymonth like charging me few ringgits for monthly spending

This is wrong. In general the minimum payment is 5% of the balance, while the interest is roughly (depending on the deal you get with the bank) charged at 1.5% a month of the balance. in the long run, the balance will be reduced. It is a given that the interest payable would be higher, it is not a difficult concept.

While it is not recommended to only pay the minimum, the balance would still be lower next month and the proceeding months. There is even a calculator to calculate the number of months to settle the loan if you keep paying the minimum.

lol dont cari pasal with minimum payment. word of advise

oklah dari xbayar langsung

pls share me this calculator.

You are at the top of a slippery slope, TS. Once you start minimum payments, it's going to be hard to climb back up.

must pay .. dont get in the this zone

File for bankruptcy.

In google playstore or ios, look for financial calculator.

Or go to fncalculator.com