QUOTE(adele123 @ May 2 2022, 12:16 PM)
1k max in bigpay yo. Anyway, what some of us do is we do some big purchase on affin duo and do 0% instalment or we apply for balance transfer 0%. This way the statement balance > 3080 without actually spending 3080.
You need time to digest and... you apply first. Then you start using then will make sense.
I was reading up some older posts to understand better how to maintain above 3080 balance withouy actually spending 3080.
Do you or anyone out here care to help?
Say I have an insurance payment of 3600.
I pay 3600 in insurance website using Cashback card.
Assuming I have no other spending at all for the month.
I apply for 0% EIPlan spread over 12 months, so each month payment should be 300.
Q1: In the month 2, will the balance of 3300 remain in statement, thereby entitles me to have a cap of RM80 cash back?
Q2: If Q1 is yes, does is mean I need to spend 2366.67 + 300 repayment to get RM80 cashback?
QUOTE(mamamia @ Jul 1 2022, 10:08 AM)
For 0% instalment, it is my insurance autodebit of 2400, if I convert to 0% instalment, will the 2400 entitle for cashabck? Or once converted, won’t get cashback?
QUOTE(adele123 @ Jul 7 2022, 12:59 PM)
Yes. You will get cashback. Enjoy...
Q3: Does this means for the month 1, does it mean I don't need to spend anymore given that the 3600 already maxed out the RM80 cash back? Or I only get the 300 portion cashback over the next 12 months like the Q2 scenario?
This post has been edited by 2387581: Jul 9 2022, 03:29 AM