Want to know more about the interest rate.

Is it 100% confirm that all purchases that meet the minimum requirement can be converted to this payment plan?

@Shinichi... What I meant was to take away the limitation of 4 FREE withdrawals monthly.

Can anyone confirm these ?
I wonder can I do it at the Maybank Card Centre in 1Utama for FREE.

then it's totally hopeless for me to waive the RM12 already...
my account was opened in Penang...

as the post above mention, you wont get free.

But afaik by default when you open account with maybank, they will give you basic savings account, which means they wont charge u annual atm fees but you are limited to certain numbers of withdrawals per month. While most other banks will give you normal savings account by default, which means you will be charged rm8 per year for atm card but have unlimited withdrawals per month.

But imo maybank monthly withdrawals is only 4 per month compared to PB which gives 8 free withdrawals per month for its BSA (i think).

You can try call Maybank and check with them regarding this. This is what I being told when I called Maybank Queensbay mall yesterday.

Then wait till your card is "spoiled" and go renew it?

hi. may i know about the credit card charges. is it according to the bank(maybank,cimb) or according to company(visa,mastercard).
i have been told that no surcharge for the transaction to oversea (amazon.com). but that one from mbf mastercard. how about visa. my dad use bsn visa. can anyone explain to me. i called the bsn visa hotline but the machine ask to call them on office hours only.

Foreign currency conversion is based on Visa or Mastercard International.

so there should be no extra charge from the bank. the charge like 1.5% are from the credit card company rite. there are no different between banks isnt it. im very noob about credit card. this is the 1st time im going to use it myself.

there are no extra charge from the bank. 1.5% which stated in the Visa international website doesnt know which they are refering to.

just relax and use ur card lol... no 1.5% charged so far.

I already made the transaction. hope everything will going smoothly. never buy something from overseas before. i do my transaction with 1 marketplace through amazon.co.uk. Hope no conman like we have there. lol

TQ.

Well people, July is coming and Bank Negara will be imposing new card interest rules. So, now it is time to decide which bank you want to stick with and do a balance transfer.

What kind of interest rules? Mind to share it ...

my gosh, you didn't know? The notice that banks have been sending? It was even in the papers in 2006

The reducing interest rate of 18% to 17% and to 16% those kind fo stuffs?

That's the one

din bother about it.

always pay full.

Took some time to dig through the old papers as the info is not available on the CIMB/Direct Access website yet

3 plans exist (Min Purchase Amount, No of monthly installments, One time Interest)

- RM 1K, 10, 2%
- RM 3K, 20, 4%
- RM 5K, 30, 6%

You can convert ANY of your purchases (local or abroad) to the plans above. Need to settle monthly installment in full or the outstanding amount will be charged 1.5% interest. The entire purchase amount will be taken out from your credit limit and will be gradually released back as you make the monthly installments.

Comparatively the old plan is (For Direct Access / CIMB)

- RM500, 12, 3% / RM500, 12, 3%
- RM3K, 24, 4.5% / RM3K, 24, 4%
- RM5K, 36, 6.5% / RM5K, 36, 5.5%

This post has been edited by hye: Mar 16 2008, 09:41 AM

they will only release your credit after you make full payment not gradually
you charge rm10k for this plan they will reserve rm10k till you full settle rm10k...

FYI, I'm a user of their old plan and they don't hold your entire credit limit till full payment like other banks do. The new plan should work on a similar basis. Where did you get this info that the bank hold your credit limit till paid in full ?

CIMB Flexi Payment with i.pay plan