Credit Cards

I was researching for a cashback credit card. There were a lot of funny requirements like: categories, spending requirements, annual fees, and minimum income requirements. Some cards were limited to very specific categories like for petrol only. Some cards needed to have a minimum spend of RM2,000 before you can utilise the full cashback. Some cards had somewhat high annual fees like above RM200 per...

If you’re a fresh grad or just started working with a salary of RM2,000 per month and drive minimally. Let’s say you only drive to and from work daily or just driving around town. You’re spending about RM500 a month on petrol and you’re looking for a credit card to cover some of your petrol costs and make your travel worthwhile. In this article, we’ll be exploring some cash back credit cards...

I just received my credit card statement. There are a lot of credit card terms like statement date, payment due date, minimum payment, and credit limit. So today, we're going to unpack what are the terms and  jargons related to the credit card. You can also watch the full video below. https://youtu.be/2_cFzxSiNR8 Credit Limit It refers to the maximum amount of money that a bank allows you...

This was the same question I asked myself before even applying for a credit card. The thought of spending on borrowed money is exciting, but it's also good to understand the whys and motives behind it. Before applying for a credit card, I think we need to ask ourselves, why do we need a credit card and what are the requirements? Annual Income Firstly, what is our annual income? According to Bank...