Credit Card (3)
Revised interest-free period for retail transactions!

Interest-free period for retail transactions will now be 20 days from statement date ONLY IF all retail transactios (excluding cash advacne, balance transfer and instalment payment plan programmes) of the previous month are fully paid by the payment due date.

This mean, if you make partial payment, minimum payment or do not make payment on or before the payment due date, finance charges will be imposed from the day the transaction is posted to the card account.

So start managing your credit card bills efficiently and begin to enjoy lower interest rates!


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