20 days interest free loan tak mau?

Anyway, u will be crazy if I give any e wallet 20-30k when I go overseas

My hotel bill alone can run up to 15-20k per trip

The best is you get to use other people's money (on credit) for a month and on the same time get rewarded and protection. Of course this only work if you pay in full on time every month. Prefer cc anytime over ewallet

My Maybank AMEX 1 year alone can get at least 700+ cashback and have treatpoints too. Already used my treatpoints to buy my glasses waive almost 1k off

if anything can use credit card, i will use,
for me la easy to track monthly spend,
i no need to calculate it,
and i just spend normally

use credit card is safer than ewallet & debit card as it is a credit facility

I bad management to pay CC.

Lucky got MCO relief to pay bank loans.. Used the money to pay off and cancel all my CC.

use for cash back, petrol, oversea expenses,. extra is installment when shopping.. + have points can redeem...

For me I use CC for

Cash back
Built credit score
Can free cash flow thru 0% installment
Consumer protection
Access to lounge or some dining discount
sign up bonus like free electronic device - sign up then cancel a year later

Nobody seems to answering you want this so:

0% installment meaning you could opt to pay your certain credit card purchase in installment manner without interest charge on you.

Mostly all cards have this feature, but you better double check.

No, they don't have to partner with retail outlets. You just need to call up your credit card service after you made the purchase, and tell them you wish to make it an installment for the purchase you just made.

But some banks may have an amount range that entitle the 0% interest. Any amount outside the range may charge you a little interest upfront. (1~3% maybe).

With cc treatpoints you can claim items. Cc got cash redemption

Have at least one for medical/travel emergency.

If any merchant can give a better cash price over cc, using cash is better option.....otherwise just use free credit.

i save around rm1k plus per annum from credit card cashback

E-wallet still not accepted everywhere and way too many players, vs few major payment networks like Visa, Mastercard etc., senang to make international payment.
To me, CC is really good to have, when used correctly, really a good leverage + give some benefits

CC banks like big spender and they encourage holders to spend. Keeping cards in wallet dont make money for them.

A credit card saves you from all the inconvenience of paying big bills such as hospital, car workshop, etc.
I dont think you can pay hospital bill of 10k with TNG or boost, can you?

It also protects you from fraud.
You can easily launch a dispute and the bank will do the bidding for you.
The merchant betul2 have to reply and provide full detail of the purchase to the bank.
It is better than you cry and viral the merchant and still get nothing back.

Cash back man, cash back.

Using a credit card to make online purchases is better than using online purse or debit card.

1. Fraud protection. You can dispute the charge and bank will investigate and refund you if valid.
2. The money doesn't leave your account immediately unlike debit card.
3. If your debit card details are stolen and your card is misused bank won't refund you the money as the money has already left your account.
4. Keeping a lot of money in your online purse attracts no interest. The money has effectively left your account even before you purchase.
5. Credit cards have promotions and freebies for regular users.
6. Possible to pay by instalments with credit card.
7. If you go overseas you can use your credit card.
8. Build up your credit rating with prompt cc payments.

But if you are not financially disciplined and tend to overspend and accumulate debt, better not to have a credit card.

This post has been edited by KennyKB: Nov 20 2020, 12:51 PM

If you don't use credit card, bank will reject all your loans.

do I need to get a card from the same bank so my chances to get loan from that bank is higher?