Monday, December 17, 2007

Maybank Credit Card

Just to warn every Maybank Credit Card Users. Coz i'm a good Maybankers... Hehehehe...

2. Late Payment Charges and Interest Free Period
To further encourage prudent financial management, the following revisions will be effective simultaneously:

Revised terms

Late Payment Charges

If the minimum payment is not made by the payment due date, a late charge will levied at 1% of the total balance outstanding as at your statement date or a minimum of RM10, whichever is higher (up to a maximum of RM100).

Interest Free Period for Retail Transactions

No charge for 20 days from statement date if you have paid the full amount of your previous month retail transactions.
If you opted to pay partial or minimum repayment of your previous statement account, the finance charges on your unpaid retail transactions will be calculated from the day the transaction is posted to your card account.

The above revision is only applicable to customers with outstanding balances in their credit card statement. We encourage customers to exercise prudence in managing their credit card repayment obligations to enjoy greater savings.

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