QUOTE(darrenfairplay @ Apr 1 2017, 04:40 PM)
Hi PTPTN specialists:
Which are the best credit card to repay a large sum of PTPTN outstanding loan amount?
UOB One Card? or any other card with good cash back or points?
Confused as I read in earlier posts that most credit card doesn't reward points but some cards do rewar cash back?
Thanks peeps!
I might be wrong, but I think the most cash back you can get from a single CC that has no annual fee is only RM50. If you want to pay a huge amount, your best bet is to pay it through multiple cards. For example:
- CIMB Cash Rebate: 5% cash back, capped at RM30 (also available for supplementary cards, so if you have 2 supplementary cards, you can get RM90 cash back)
- Maybank 2 Card Gold: 5% cash back (if paid on weekend, and using the AMEX card), capped at RM50
- UOB YOLO: 6% cash back (if spend at least RM800), capped at RM50
- PB Quantum Visa: 5% cash back, capped at RM30
So if you have these 4 cards + 2 supplementary cards for CIMB Cash Rebate, you can pay RM 4,233.33 and get RM220 cash back (5.2% cash back).
This is just an idea, as I've never done this.