If I pay the minimum amount for this month
And on the next month, I make the full amount to clear all the outstanding. Is it possible? Do I need to contact the bank?

All this is thanks to sudden big amount I have to pay for income tax

So lets say
April Statement = RM5000 (min amount is RM200)
May Statement = RM2000

I pay April's min RM200, so balance is RM5000-RM200 = RM4800

So to clear all my outstanding on May = RM4800+1.5%(interest) + RM2000 = Amount to pay

Am I right?


Also will I have problem using my credit card by paying minimum?

This post has been edited by uglybee: Apr 30 2008, 10:06 AM

I short of cash to pay income tax (after calculating it yesterday), so I'm planning to use the money to pay my this month credit card statement to pay income tax

Last year, I already pay RM8k+ tax. But after calculating, I'm still short of RM3k+ tax. So have to come out extra RM3k+ suddenly lor