I bought tv using senheng, paid using public credit card installment
2.8k for 6 months.

But I see my credit limit direct minus full amount 2.8k

So I need to pay full amount or what this month?

They block 2.8k from ur credit limit usage.

But will only post monthly instalment when your monthly statement come out.

Ok what.

kecian. buy tv also need installment.

Hold your whole limit
But pay 2800÷6 per month

This post has been edited by PJng: May 26 2023, 11:02 AM

your credit card limit deducted 2.8k cause bank help you pay 2.8k to retail
so naturally you are owing bank 2.8k, hence the limit deduction

but you still paying the agreed installment amount every month, the limit will be released accordingly

pay the outstanding amount of ur cards timely


thats all

pay what they state as outstanding...

If pay minimum amount, the interest will be charged on the balance right?

i think you guys mean statement balance

Yes.

But my maybank credit card when i take cash instalment or buy stuff instalment plan, the full monthly amount instalment plan will kira inside minimum payment as well + 5% from the rest total outstanding balance.

Minimum oayment become very high 😅

of coz limit reduced, because u use the limit from the card.

installment amount also must within credit limit.

example ur card limit 5k, u cannot buy installment amount of 6k (let alone higher).

when u pay the installment, the limit is increased again (in ur case, increased 466.67 per month)

This post has been edited by erry-: May 26 2023, 11:14 AM

no fair liao .. u rich can say like that lor
not all rich like you

first payment a bit high (not so high) since include some fee
all the rest payment will deduct accordingly

I doubt ur cash savings is more than me.

I got around 900k ringgit cash savings

I just try only to pay using installment since I never use before.

not just the installment balance, but ALL balance.

just pay full statement balance by due date, so ur 0% installment will be really 0%.

example installment 466.67 + other spending rm3k = pay FULL 3466.67
DONT just pay min 616.57 (5% of 3k = 150 + 466.67 installment) or any amount below statement balance!

if u do that, not just 2850 (balance from 3k), but installment balance 2333.33 + new spend ALL will get interest!




nops. 1st till last month should be same. bcoz thats 0% installment by merchant.

the 1st month got fee is for "swipe full amount and call bank later" to convert (even this, some bank did have 0% offer while some do have few charges example 0.88% etc.)

This post has been edited by erry-: May 26 2023, 11:19 AM

can we pay fully terus next month?

will deduct the total limit credit of TV price and devide 12 months.
make your card payment timely, otherwise one more brankkup case

how come you got 900k cash savings but still ask stupid questions?

i b40. no money to buy tv.

I B40. bank acc only got rm3k.

What TV is that so cheap 2.8k?