Easy-BizLink 

 

Credit Card (2)
Late Payment Penalty Will Increase!

Example of total outstanding balance

 

Minimum Payment Due (5% or RM50 whichever is higher)

Late Payment Charge


before 1 Jul 2008 - 1% of min payment or RM5 whichever is higher 



Late payment Charge


after 1 Jul 2008 - 1% of total outstanding balance or RM10 whichever is higher 


RM100

RM50

RM5

RM10

RM1000

RM50

RM5

RM10

RM2000

RM100

RM5

RM20

  
Late payment on the other hand will lead to increased penalty charges. Late payment charges have revised to a minimum of RM10 or 1% of total outstanding balance, whichever is higher, up to RM100.


Revised Interest-free Period for Retails Transactions

 

 

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