Take advantage of your credit card privileges responsibly.
Credit cards can benefit you if used responsibly. You can enjoy discounts and privileges like welcome gifts, rebates and rewards points for all your retail purchases to maximize the benefits of up to 21 days interest-free.
However, you may find yourself in debt quickly if you do not take charge of your credit.
Your payment behavior can influence how much interest or late fees you are charged.
You should always aim to pay at least the Minimum Amount Due on time.
Here's how you can avoid interest and late fees on your retail transactions. | |||
Payment Amount | Payment Date | Interest Charge | Late Charge |
---|---|---|---|
Total Amount Due (full payment) |
On or before the Payment Due Date | No | No |
After the Payment Due Date | Yes | Yes | |
At least the Minimum Amount Due |
On or before the Payment Due Date | Yes | No |
After the Payment Due Date | Yes | Yes | |
Less than the Minimum Amount Due |
On or before the Payment Due Date | Yes | Yes |
Note: The table above refers to retail transactions only, not cash advance transactions. To know more about Cash advance, click here. |