this is sample letter from me.. i use it to terminate my cimb virtual mastercard.




Your Name
Your address Date

___________________________________________________________________________________________________________

CIMB Bank Card Center



Dear Sir,

Re: Virtual Credit Card No. XXXX-XXXX-XXXX-XXXX Cancellation Request


I wish to terminate the above virtual credit card facility because I never use it. Hope you could consider the above matter. Your kind cooperation is highly appreciated.



Thanks




___________________________

(Your Name)

Your HP No

yes its true.
my maybank cc already charge for my june statement
i got debt rm3000 for my card
they charge rm30++ for late payment.
before this only rm5.

hello guys.
please help me on this regarding new BNM rulings on cc.
i fully understand on late payment charges. coz i just get charges 1% out of rm3000 my outstanding balance that is rm30 (june statement).
but for the finance charges will be how much?

since its an accumulative balance. how they calculate it?

do u mean the charges will be still the same like before?
only the differences is the late payment and new purchase right?
arghhh.. going crazy already.

haishhh.. just settle payment for my cimb mastercard. card already terminated.
remaining maybank mastercard and visa mounting up to 6000.
god help me..

why rhb so late in processing my application for balance transfer?
anybody have the experience? how long usually it takes to process (new card application together with balance transfer plan)?

hehe. when i still have my car. swap here swap there. always full tank.
its a lesson for me.

victim of myself.. haishh..

yup. currently i play 'kutu'. will get the enough amount to settle all the debt end of July.
but i prefer rhb plan so that i can use the 'kutu' money for other purpose.

yeah. i have few frens who can be trusted. i've play for the last two years.

not all by pumping petrol, some bought pc & stuff.
now only i can manage my finance. but it takes a while before i can fully recover.
i can manage the kutu things. same like paying minimum cc debt for every months. so i can survive.
last time my salary cukup2 makan. now i get more to cover all the debt


yup. something like that. a person who gonna turn to be an old ladies for few years coming invite me to join. hehe

i got problem before. no jobs so i cannot pay. bank terminate the card. damn they charge me rm150 for autocancellation fee.

dont make it too long for the cycle. max 12 months is ok. mine is 10 months cycle. rm500 per month. i will get rm4500 in july. so i can settle the debt. no interest. sumthin like personal loan la.

haha. u must have trusted pppl to play or else u kene con

thats the problem for me. always pay minimum. then swipe there swipe here. in the end, full of debt.

don't worry. now i can manage. as i said. i got problem before.

haha. thats why i'm playing kutu. i will clear all the debt and i will terminate the card.
coz ive learned the lesson. better late than never.

10 cycles. i will get next month. just started this month.
better than i pay for cc interest.

i'm young eh? haha..
what to do.. better than personal loan..

ok ok.. continue the cc issue guys.

haishh.. just received letter from rhb. they rejected my balance transfer program. i guess its due to my bad credit history.

why my credit history so bad?
1) lost my car. i refuse to pay monthly payment coz i wanna claim insurance. quite frequent i didn't pay the payment until my insurance clear. end up i pay 4k more (thanks to car market price dropped at end of 2007)
2) lost my job. no money how to pay? cimb cancel my cc facility. so its a bad record rite?
3) frequent late payment for maybank cc. coz no money also. bad record

so. i have a question for you guys. especially tinkerbell (u r so active ya)

how long does it takes for me to have a good financial record again? 1 year? 2 year?

quick question need a quick answer on new BNM rulings.

conditions:
if cc statement is on 28th every month.

question:
if we purchase something and the transaction date in the statement is on 20th, how is the calculation?
the finance charges apply from 20th or 28th?

@tinkerbel
then its not worth to use cc at all. government say that they want us to use cc for convenience. better use debit card if like that.
coz not all payment straight away goes into our cc statement. some transaction required one or two days before we can see it online (i'm referring to maybank cc thru maybank2u).