Should You Have More Than One Credit Card?
- By CompareHero.my
- April 23, 2021
In today’s era of digital and cashless transactions, credit cards became a way of life. The big question is – should we have multiple credit cards?
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Is it good to have multiple credit cards?
The most common school of thought will say NO since the credit card is always associated with mounting debts. However, this only applies to people who are compulsive spenders.
If you’re a wise spender with self-control over money matters, then YES – having multiple credit cards will actually bring more benefits than harm. Read on to find out why.
More cards, more benefits
Having multiple credit cards allow you to enjoy more benefits from different cards!
For example, AEON Classic Mastercard offers 2x Points per RM1 spent at AEON Stores, while ALLIANCE Bank Gold Visa offers 2X Timeless Bonus Points for overseas expenditure. So if you’re a person who shops frequently at AEON Stores and also travels often, you’ll have the best of both worlds with these separate cards!
Related: 5 Tips To Get The Most Out Of Your Credit Card
Contributes to credit score
Contrary to popular beliefs, having more than one credit card can actually help your credit score. How? Simply by keeping your debt utilization ratio low, when you spread out your purchases across numerous cards rather than one.
Keep in mind though, having multiple cards might also cause more harm to your credit score if you maxed out the cards or have a high amount of unsettled debts. So be mindful!
Related: Don’t Fall For These 5 Credit Score Myths!
Backup and emergency
There might be a time in your life, that your card’s lost or stolen. When that happens, your one and only source of cashless payment will be unavailable.
Another scenario is that, you might land yourself in an emergency situation where you’ll need more money than your credit limit. For example, your loved one might have a medical emergency not covered by insurance. So you have to pay for hospitalization fee of RM10,000.
Unfortunately, your credit limit is RM5,000 and you don’t have much cash lying around. In such circumstance, having more than one credit card will help – all you need to do is pay the other RM5,000 from the second card without a problem.
Therefore, to prepare for possibilities like these, it’s good to have more than one credit card.
Related: Everything You Need To Know About Emergency Fund
Pay debts with balance transfers
A balance transfer is an act of moving debts from one credit card to another. By doing this, you can take advantage of lower interest rates to pay off your debts. As compared to personal loans, balance transfers have a shorter period thus help you to pay off debts at a quicker rate.
Unsure where to start? No worries, we compiled a list of banks with the best transfer plans: The Best Balance Transfer Plans in Malaysia.
Related: Balance Transfers Vs Debt Consolidation Loan: Which Is Better In Helping You Clear Your Debt?
The dark side
Though having more than a card is mostly beneficial, but everything comes with a dark side – especially if we’re not careful! Therefore we’d also like to warn you about the potential dangers of owning multiple cards.
Firstly, although your credit score won’t be hurt, card issuers might deny your future card applications because you’ve applied for numerous cards already. It’s because, for some card issuers, it’s an indication that you might face difficulty paying off your monthly payments.
Secondly, if you don’t have a proper financial plan or stable monthly income, owning multiple credit cards will be a stressful chore. You’ll be in danger of drowning in debt due to this, so always make sure that you have it all planned out before applying for more cards.
How many credit cards should you have?
So, how many credit cards should you get?
There’s actually no formula as to what’s the best number of cards to have. In fact, Walter, a man from California USA is the Guinness World Record holder for owning the most credit cards – 1,497 cards to be exact. Surprisingly too, he didn’t have any huge debts and his credit score is nearly perfect!
He might be an extreme example, but this shows that at the end of the day, it’s up to your own wise discretion and judgement on how many cards you can handle. If you’re still worried about overspending with multiple cards, learn how to use credit cards responsibly here.
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How Bank Interest Rates Work On A Savings Account? Here’s A Mini Guide
- By CompareHero.my
Ever since young, we have learned to save up money and stash it away in a savings account. But did you know there’s another way to save money and earn even more money? The answer: leveraging interest rates on savings accounts.
Understanding how interest works on a savings account is important to help you maximise the earnings on your hard-earned cash.
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What are bank interest rates?
Fixed Deposit is a great conservative asset class, suitable for people who are just about to get their feet wet in the realm of investing.
Generally, an interest rate is a portion of your money that the bank is promising to give you every year simply because you chose them.
Therefore, a 3% interest rate means that the bank will give you 3% of the total amount in your balance every year. Let’s say your bank account has RM20,000, your bank is promising to give you RM600 every year. Sounds like easy, “free money,” right?
This is a conservative way to invest your money, and is a tactic used by banks to retain you as a customer. Interest rates also act like an incentive to push you to continue to save more in your bank account.
And the higher the interest rate, the more free money you get. So it’s up to you to pick a bank with the highest interest rate.
In Malaysia, banks will offer to hold your money with two products: a Savings Account or a Fixed Deposit (FD) Account.
Related: Use These 7 Cash Tricks to Grow Your Savings
How do bank interest rates work?
FDs runs on the concept of compounding interest.
Simply put, interest is the cost of borrowing money. So you’ll pay interest to borrow money, and you can collect interest when you lend money.
The same concept applies to these accounts. When you put money in a savings account, the bank is technically borrowing the money and paying you interest in return.
The idea is based on the concept of compounding interest, a fundamental principle in investing which allows one to earn more when the interest that they’ve earned on a balance in a savings or investing account is reinvested.
Typically, you can accrue daily, monthly, or quarterly interest, and the more frequent it is added to your balance, the faster your savings will grow.
Related: Here Are 7 Smart Ways To Invest And Grow RM10,000
Savings Accounts vs Fixed Deposits
Generally, savings accounts don’t offer much in interest. Alternatively, FDs offer better interest rates but are less flexible.
A Savings Account functions like a Current Account—you use it to save your money and you get a debit card that allows you to withdraw money at any time.
The big difference between a Savings Account and a Fixed Deposit is in the interest rate. The former is typically lower ranging from 0.05% to 4.38% per year, but an FD offers higher interest rates depending on the banks. People often use FDs for long-term investments such as a house deposit, retirement or a big purchase.
However, unlike a Savings Account, you don’t get the freedom to withdraw your money at any time, and the tenure depends on the account you invest in. Some accounts can be as little as six months, others may last as long as five years.
The investment term and interest rate are fixed for an FD, so it’s much easier to calculate the return you’re expecting. But because of this, you’ll also need to fork out much more for the initial deposit, with many FDs requiring at least RM1,000 to start.
Why do Fixed Deposits or bank interest rates matter?
Being strategic with how you save your money would help you grow it more efficiently.
If you grew up with the general belief that you should save aggressively and spend conservatively to build your wealth, then that same concept may not necessarily work anymore.
Though saving consistently is still very important, you need to do so much more to build your wealth for the long-term.
On top of putting aside money each month, you’ll need to invest your money and ensure that you are investing at a higher rate than the rate of inflation for real impact.
Benefits of Fixed Deposits
- Investment returns is pretty much guaranteed
- Encourages savings
- Capital and returns are insured under the Perbadanan Insurans Deposit Malaysia (PIDM)
- Safe investment
- Liquidity
Cons of Fixed Deposits
- Flexibility
Alternatively, how do Shariah-compliant Fixed Deposits work?
Islamic Fixed Deposit-i or commonly referred to as Islamic FD is fundamentally different than its conventional peer. An Islamic FD has a predetermined profit sharing and Murabahah, or cost plus, which is an Islamic financing structure whereby the seller and the buyer agree to the cost and markup of an asset. The point of this is to remove any financial uncertainty.
This concept let’s investors generate returns from their funds without involving interest—in accordance to the principles of Shariah, which strictly prohibits the payment or acceptance of interest (riba).
This Shariah-compliant instrument provides an alternative to investors who are looking for an Islamic and ethical way of investing in Fixed Deposits without compromising their beliefs.
What are you waiting for? Apply for a CIMB Fixed Rate Income Account-i (FRIA-i) account for your business today to enjoy a special 2.2% returns.
| Why Wait Fixed Return Income Account (FRIA-i) | Monthly Returns Fixed Return Income Account (FRIA-i) | Maturity Returns Fixed Return Income Account (FRIA-i) | Foreign Currency Fixed Return Income Account (FCRIA-i) |
| Applicable for all business enterprises and corporations | Applicable for all business enterprises and corporations | Applicable for all business enterprises and corporations | Applicable for individuals aged 18 years and above who are either residents or non-residents |
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| Campaign period | 15 March – 30 June 2021 |
| Placement Tenure | 6-month |
| Special FRIA-i Rate | 2.20% |
| Criteria |
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How To Reduce Your Monthly Expenses With A Smart Credit Card
- By CompareHero.my
- April 22, 2021
Have your groceries and daily necessities gotten more expensive lately? After a pandemic-induced decline in prices for 2020, Bank Negara Malaysia (BNM) has announced that headline inflation (which measures the total inflation within an economy, including food and energy prices) will temporarily spike to above 5% in the second quarter of 2021.
In times like this, with rising inflation and job uncertainty, isn’t it great if you can reduce monthly expenses to give your strained wallet some breathing space? However, saving money doesn’t mean you have to give up your Netflix subscription and online shopping.
Enjoy up to 30% cashback (capped at a total of RM50 a month)
With the eco-friendly, CarbonNeutral® Standard Chartered Smart credit card, you can have the best of both worlds: reduce your spending with up to 30% cashback (capped at a total of RM50 a month) and still indulge in the things you enjoy.
Save up to RM30 monthly when you shop and use e-wallets
From 1 May until 31 December 2021, you can enjoy up to 30% cashback (capped at RM30) a month as a Standard Chartered Smart credit cardholder. This means you’ll receive a maximum of RM30 cashback every month when you spend through:
- Lazada, Shopee, Zalora, and TaoBao shopping platforms
- GrabPay, Touch ‘n Go e-wallet, Boost, and FavePay
To unlock this cashback, all you have to do is spend a minimum of RM1,000 in total retail purchases each month with a Standard Chartered Smart credit card.
This example will give you a clearer picture of how the cashback works:
| Merchants | Amount spent | 30% Cashback |
| GrabPay | RM30 | RM9 |
| Taobao | RM70 | RM21 |
| Other retail spend | RM900 | RM0 |
| Total | RM1,000 | RM30 |
Promotion period: 1 May – 31 December 2021. Terms and conditions apply.
Linking up your Standard Chartered Smart credit card to an e-wallet has added perks – such as RM30 cashback every month.
Lower your digital entertainment expenses with RM20 cashback each month
Saving your Standard Chartered Smart credit card on entertainment apps also comes with additional privileges such as this 6% cashback (capped at RM20) monthly for your favourite streaming, music and video games platforms such as Astro, JOOX, iQIYI, Netflix, PlayStation, Spotify, and Steam.
Besides unlocking the 30% cashback for online shopping and e-wallet usage (as mentioned above), you’ll also unlock this 6% cashback at the same time when you spend a minimum of RM1,000 in retail purchases every month with your card.
This scenario will give you a clearer picture of how the cashback works:
| Merchants | Amount spent | 6% cashback |
| Netflix and Spotify | RM80 | RM4.80 |
| Astro | RM200 | RM12 |
| Steam | RM70 | RM4.20 |
| Other retail spend | RM650 | RM0 |
| Total | RM1,000 | RM20 |
Now you can enjoy up to RM20 cashback per month for your favourite streaming series, music and video games.
Additional cashbacks, discounts and savings
Besides the various platforms mentioned above, you can also enjoy additional benefits and save even more when you use your Standard Chartered Smart credit card.
Food delivery (#SCFoodieDeals)
Just link your card to these apps:
- foodpanda: RM8 off when you spend a minimum of RM40 (excluding taxes, packaging/cutlery charges and delivery fees)
- GrabFood: RM8 voucher for your next order when you spend at least RM50 on the Grab app (excluding delivery fees)
Online shopping (#SCWOWDeals)
Enjoy these shopping perks:
- Shopee Mondays: RM20 off when you spend a minimum of RM150 via the Shopee app. Promo Code: SCBMON.
- Lazada Tuesdays: RM20 off when you spend at least RM150 via the Lazada app. Promo Code: SCBTUE.
- Taobao Wednesdays: RM20 off with a minimum spend of RM150 at world.taobao.com.
- Zalora Thursdays: 20% off when you spend at least RM150 via the Zalora app/website.
- Happy Fresh Fridays: RM20 off when you spend a minimum of RM150 at HappyFresh.
Dining (#SCFoodieDeals)
Dining privileges especially for you:
- Enjoy 20% cashback when you dine at any of these participating restaurants.
- Get up to 33% off you when you pay for your meals with the Standard Chartered Smart credit card.
Extra protection when shopping online (USD200 coverage)
As the Standard Chartered Smart credit card is a Visa card, you can also benefit from the Visa eCommerce Purchase Protection plan. When you make online purchases with this credit card, you’ll be covered for possible losses of up to USD200 per claim when:
- Your purchased item has not been delivered even after 30 days of scheduled delivery
- You receive the wrong delivery or an incomplete item
- There are physical damages to your item
With the Standard Chartered Smart credit card, you can purchase regular adult GSC cinema tickets for just RM10 daily except Wednesdays.
Cheaper GSC movie tickets (RM10 daily except Wednesdays)
In the near future, when the number of COVID-19 cases have dwindled and we have been vaccinated, you may want to visit the cinema again to experience blockbusters and cinematic wonders. With the Standard Chartered Smart credit card, you can purchase regular adult tickets for just RM10!
This offer is valid daily except for Wednesdays, and you can enjoy this privilege until 31 December 2021.
As you can see, if you use a credit card that suits your needs and lifestyle, you can enjoy discounts, and even cashback to cushion the cost of living. Apply for the Standard Chartered Smart credit card today and get rewarded with attractive prizes!
- Zero cash advance fees
- Malaysia’s first CarbonNeutral® credit card
- 30% dining cashback
- 20% off on online shopping
- Exclusive rewards from your favourite e-wallets
- Get extra cash with 0% interest rate
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8 Fundraisers You Can Donate Your Money To During Ramadan
- By CompareHero.my
- April 21, 2021
Ramadan, the ninth month of the Islamic calendar is the holy month for Muslims to observe fasting the whole day. The purpose of fasting is to gain empathy for the underprivileged and get a better understanding of human suffering and remind Muslims to increase their charitable activities.
Both fasting and charity or zakat are obligatory upon Muslims who are capable to do so. The act of fasting also serves as a good way for Muslims to practise self-discipline, do spiritual reflection, and become closer to God.
If you consider heightening your charitable deeds during this holy month, but not sure where and how to start, this article is for you! We’ve gathered a list of projects, campaigns and charity programmes that you can be a part of this Ramadan.
Related: How To Celebrate Ramadan During A Pandemic
1. MERCY Malaysia
Serving as one of the well-known volunteer relief organisation, MERCY Malaysia actively provides medical and humanitarian assistance locally and abroad all year.
For Ramadan this year, MERCY Malaysia is organising RAMADAN RELIEF 2021 to help Asnaf and marginalised communities in Malaysia. This relief is run with the support from Lembaga Zakat Negeri Kedah (LZNK) and Majlis Agama Islam Perlis (MAIPs). They aim to ensure sufficient food supplies and hygiene kits given to those in need during the entire month of Ramadan.
How to donate: Through credit/debit card, online banking and eWallet
Tax exemption: Yes
Click here to donate.
2. Islamic Relief Malaysia
Islamic Relief is an independent humanitarian aid and development organisation that established its presence in over 45 countries across the globe, including Malaysia.
Only in Ramadan, Islamic Relief Malaysia conducts an annual charity project called Rezeki Ramadan to help vulnerable people in 32 countries including Malaysia to ease their burden in preparing sahur (pre-fast) and iftar (breaking of fast) during the holy month of Ramadan.
This year, they target RM2.4 million in donations to help more than 60,000 beneficiaries through 12,000 food packs.
How to donate: Through online payment
Tax exemption: No
Click here to donate.
3. GlobalSadaqah
GlobalSadaqah is an award-winning corporate social responsibility (CSR), zakat management and charity crowdfunding social finance platform with a mission to provide the ultimate transparent alternative for matching corporate donations, zakat, and charity campaigns and projects.
You can find various Ramadan campaigns on their website you can donate to.
All Ramadan charity projects come from verified charity partners and approved by their Shariah team.
How to donate: Through online banking, Apple Pay, Google Pay, Bitcoin and eWallet
Tax exemption: Depending on the charity partner
Click here to donate.
4. Hidayah Centre Foundation
Hidayah Centre Foundation Hidayah (HC) was established in 2005 as a non-governmental organisation that excels in the outreach and support of Mualaf (Muslim reverts). HC focuses its activities on newly-reverted Muslims who need guidance in various aspects as well as temporary shelter.
They’re currently running a donation campaign called ‘Sedekah Ramadan’ during this holy month to support the organisation in conveying Islam and supporting underprivileged reverts in Malaysia.
How to donate: Through online banking or credit/debit card
Tax exemption: N/A
Click here to donate.
5. Al-I’tisam Relief Program Association
Al-I’tisam Relief Program Association is a non-governmental organisation that provides aid to those who are less fortunate.
Their current Ramadan relief program, Projek Sedekah Ramadhan will be held in 10 countries around the world – including Malaysia, Palestine, Syria, Yemen, India, Nepal, Bangladesh (Rohingya), Myanmar (Rohingya), Cambodia and Lebanon. You’re given the option to choose the country to which you would like to donate.
How to donate: Through online banking or credit/debit card
Tax exemption: Yes
Click here to donate.
Related: How to Prepare for Raya During COVID-19 Pandemic
6. Global Peace Mission (GPM)
Global Peace Mission is a non-profit organisation that provides “Humanitarian Mission Across Borders”. GPM constantly promotes the importance of fostering and maintaining universal peace through awareness programmes to aid those who are underprivileged and affected by war and natural disasters.
They’re currently organising a campaign called Iftar For The Needy (IFTN) that serves the purpose to help those who do not have the opportunity to enjoy food during sahur and iftar. They also use the money funded by this campaign to make daily distributions for necessities such as education and medical assistance.
How to donate: Through money deposit and online banking
Tax exemption: N/A
Click here to donate.
7. Haluan Malaysia
Himpunan Lepasan Institusi Pendidikan Malaysia (Haluan) is a non-governmental organisation that provides educational programs, charity and relief missions to 20 countries.
They’re actively running a campaign called Sejuta Barakah Ramadan that offers packages for you to channel your donations. The packages include a donation for iftar, food packs, livelihood assistance, education and investment for charity work.
How to donate: Through online payment, debit/credit card, Apple Pay, ATM, CDM, Cheque or Bank Counter
Tax exemption: N/A
Click here to donate.
8. Pertubuhan Bakti Nusantara
Pertubuhan Bakti Nusantara is a non-governmental organisation that strives to fight poverty and the urban poor by providing beneficial aid in the form of food donation.
Since there are families in Malaysia who are still affected by the pandemic and the Movement Control Order (MCO), they’re actively looking for sponsors to help those who in need. They distribute 1,000 kg of fresh fish every week to the affected families.
You can donate an amount of money according to these packages:
- 1 family – 1 bag of vegetables (RM5)
- 1 family – 1 kg of fresh fish (RM10)
- 1 family – 1 kg of fresh fish, 1 bag of vegetables (RM15)
How to donate: Through online banking, credit/debit card
Tax exemption: N/A
Click here to donate.
Giving charity increases blessings in one’s life
In the month of Ramadan, Muslims would race to add good deeds and take the opportunity to maximise their rewards by doing a lot of sadaqah or charity. Sadaqah does not only benefit Muslim in worldly life but the afterlife.
Allah SWT says in the Quran, “Who will lend to Allah a good loan which Allah will multiply many times over? It is Allah alone who decreases and increases wealth. And to Him you will all be returned,” (Quran, 2: 245).
Ramadan is a time to multiply our good intention and put them into action. With the ongoing pandemic, we should reach out to those at greater risk who may not have access to adequate sustenance, protection and healthcare.
Related: 12 Ways to Celebrate Your CMCO Hari Raya Alone (And Still Have a Great Time)
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5 Sebab Bahaya Lambat Lakukan Bayaran Kad Kredit
- By CompareHero.my
- April 20, 2021
Adakah anda sentiasa membuat pembayaran lewat untuk kad kredit anda? Atau anda mungkin berfikir bahawa kelewatan beberapa pembayaran bukan masalah besar. Sememangnya, pihak bank ataupun institusi kewangan kredit kad anda tidak akan muncul di pintu anda setelah anda kehilangan satu pembayaran, tetapi tindakan pasti diambil disebalik tabir.
Tindakan ini akan memberi kesan terhadap anda untuk beberapa bulan mahupun bertahun. Memperoleh ilmu atau pengetahuan terhadap kesan dan impak pembayaran lewat amatlah penting kerana ianya akan mengkekang kami daripada membuat bayaran yang lewat.
1. Dikenakan kadar faedah yang lebih tinggi
Apabila anda tidak membayar baki kad kredit pada tempoh yang telah ditetapkan, pengeluar kad kredit boleh mengenakan kadar faedah yang paling tinggi iaitu 18%. Sebaliknya, jika anda membayar baki tepat pada masanya, kadar faedah yang dikenakan ialah lebih rendah. Ini merupakan sebahagian dari penstrukturan kadar faedah berperingkat yang diperkenalkan oleh Bank Negara Malaysia.
Penstrukturan ini merupakan inisiatif untuk menggalakkan pembayaran baki tertunggak kad kredit tepat pada masanya. Jika bayaran tepat pada masanya dibuat secara berterusan, lebih rendah kadar faedah yang akan dikenakan.
Kadar Faedah Kad Kredit Berperingkat Bank Negara
- Peringkat 1- Kadar faedah setinggi 15% setahun (bayaran minima dibuat berturut-turut selama 12 bulan)
- Peringkat 2 – Kadar faedah setinggi 17% setahun (bayaran minima dibuat berturut-turut sekurang-kurangnya 10 bulan dalam tempoh 12 bulan)
- Peringkat 3 – Kadar faedah 18% setahun
Jadi, anda sebenarnya akan untung jika anda langsaikan baki kad kredit anda tepat pada masanya.
2. Skor Kredit Rendah
Bayaran yang lambat juga akan direkodkan dalam laporan kredit anda, yang boleh diteliti oleh semua bank. Pihak bank juga boleh memperoleh laporan Central Credit Reference Information System (CCRIS) dari Bank Negara yang memaparkan rekod kewangan individu untuk tempoh 12 bulan.
Selain itu, bank turut mempunyai pilihan laporan kredit dari CTOS, yang menyimpan rekod untuk satu tempoh masa lebih lama. Laporan kredit seperti CCRIS dan CTOS akan membantu bank dan institusi kewangan lain untuk mengesahkan status kewangan anda.
Sebaik sahaja corak pembayaran anda disahkan, dan terdapat tanda penangguhan bayaran, permohonan pinjaman anda seperti pinjaman kereta dan pinjaman perumahan berkemungkinan tinggi bakal ditolak. Permohonan kad kredit baru juga sukar untuk diluluskan.
3. Caj bayaran lambat
Apabila anda menangguhkan bayaran kad kredit melebihi tempoh yang ditetapkan, kebanyakan bank akan mengenakan caj bayaran lambat.
Caj yang dikenakan bergantung kepada bank, tetapi kebiasaannya sekitar 1% dari baki tertunggak, atau RM10, mana yang lebih tinggi. Anda akan dikenakan caj tersebut sehinggalah baki tertunggak dilangsaikan sepenuhnya. Kadar 1% itu mungkin kelihatan kecil, tetapi apabila ianya terkumpul, anda bakal terbeban dengan jumlah yang perlu dibayar.
Lebih memburukkan keadaan, anda juga perlu membayar caj faedah untuk baki tertunggak kad kredit yang melebihi tarikh akhir pembayaran semula. Tanpa anda sedari, caj tersebut walaupun kelihatan kecil terkumpul, dan akhirnya akan menjadi satu yang sukar untuk dilangsaikan.
4. Panggilan dan ‘Pelawat’ yang tidak diingini
Satu lagi perkara untuk memberi motivasi supaya anda berdisiplin dalam melangsaikan bayaran, walaupun dengan melakukan bayaran minimum ialah untuk mengelakkan kunjungan pengutip hutang.
Membuat bayaran tepat pada masanya akan mengelakkan dari pemiutang sering melakukan panggilan telefon pada anda. Lebih teruk lagi, pihak bank boleh menghantar pengutip hutang, mereka bukan sahaja akan datang ke rumah, malah boleh hadir ke tempat kerja anda juga untuk mengutip hutang anda.
Lihat juga: Cara-cara Anda Boleh Dikenakan Caj Kad Kredit Di Malaysia
5. Anda boleh diisytiharkan muflis
Dibawak Akta Bankrap 1967, individu boleh diisytiharkan muflis apabila pemiutang menunjukkan bukti hutang tertunggak sebanyak RM30,000 yang tidak dibayar dalam tempoh melebihi 6 bulan. Anda mungkin rasakan jumlah tersebut tidak besar, tetapi ia boleh terkumpul jika anda tidak peka dan prihatin untuk membuat bayaran semula.
Sebaik sahaja anda diisytiharkan muflis oleh mahkamah, anda akan hilang beberapa kelebihan, seperti dihalang keluar dari Malaysia, dan Ketua Pengarah Insolvensi (DGI) akan dipertanggungjawabkan untuk mengurus harta anda bagi membayar hutang.
Jika anda berkerja di bawah bidang professional (seperti bidang perakaunan, undang-undang dan perubatan) anda tidak boleh teruskan kerjaya anda, dan akaun anda juga akan dibekukan. Anda boleh elakkan akibat buruk seperti di atas. Ikuti tip seperti dibawah:
Tip untuk pastikan bayaran kad kredit dibuat tepat pada masanya:
- Jangan gunakan kad kredit untuk membeli barang diluar kemampuan anda
- Pastikan sekurang-kurangnya bayaran minima dilakukan setiap bulan
- Buat peringatan di komputer dan telefon bimbit anda, dan pastikan tarikh bayaran yang ingin anda buat memberikan anda tempoh yang cukup untuk membuat bayaran.
- Jadikan sifat membuat bayaran sebaik sahaja anda menerima penyata kad kredit sebagai tabiat.
Kad kredit boleh menjadi alat kewangan yang menyenangkan hidup, namun anda harus pastikan anda gunakan mencari kad kredit yang sesuai untuk keperluan dan perbelanjaan anda.
