ADAJEW DOT NET ADALAH BLOG KOMUNITI SOSIAL YANG BERKONSEPKAN PERKONGSIAN ARTIKEL INFO DAN ARTIKEL VIRAL MASA KINI.

Aen Syahera, Jutawan Kosmetik Dari Kelantan

Gambar Jutawan Kosmetik dan Pengasas Syahera Beauty. Kenal dengan wanita dalam gambar di bawah? Beliau adalah Aen Syahera, pengasas produk kosmetik Syahera Beauty berasal dari Kelantan. Gambar Aen Syahera pernah tular dan menjadi bualan apabila dikaitkan bercinta dengan seorang pelakon popular.

Aen Syahera merupakan antara ramai pengasas produk kosmetik dari Kelantan yang boleh dianggap sebagai jutawan. Masih single berusia 25 tahun (2018) sehingga post ini diterbitkan, dan pernah mempunyai sebuah blog peribadi, menampilkan gambar kekasih hati waktu remaja dulu.

Wajah Aen Syahera zaman remaja tak sama dengan sekarang weihh … huhu. Sekarang dah jadi cantik jelita. Dulu kulit wajah nampak kusam dan kelam … :)

Best Credit Cards in Malaysia 2020

Contrary to popular belief, credit cards are not only for the rich.

They are designed to cater to various income levels, from the entry-level (sometimes referred to as “Gold”), mid-range (“Platinum”), and premium (different cards have different names, from Infinite, Premier, Signature, and more).

What is a credit card?

It is a payment instrument that you can use to purchase something instead of using cash. In theory, when you pay for something using a card, that amount is owed from the bank and need to be paid back.

How does a credit card work?

Think of it like a fast loan that you can pay back when your salary kicks in. To understand more on how it works, let’s take a look at the basic features such as follows:

Annual fee

A credit card has a fee that is charged annually to the cardmembers for the benefits that come with it.

Some of them don’t have an annual fee, whereas there are also cards with an annual fee waiver condition.

To get your credit card annual fee waived is simply by making one transaction per month for 12 consecutive months, or meet the card’s minimum spending required in a year.

Interest rate on purchases

This may not be theoretically correct, but banks charge interest on the outstanding amount as a penalty for borrowing their money and not repaying them on time.

Credit card interest rate, also known as Finance Charge, is usually charged on the outstanding balance amount when it is past due.

For example, if you have used up RM300 on your card and failed to settle it within 20-day interest-free period, a Finance Charge of between 15%-18% p.a. will be levied on that amount.

In Malaysia, there are 3 tiers of annual interest rates chargeable on the outstanding balance based on the cardholders’ repayment habit:

Interest rate Descriptions
15% p.a. (1.25% p.m.) Tier 1: for cardholders with prompt payments for 12 consecutive months
17% p.a. (1.42% p.m.) Tier 2: for cardholders with prompt payments for 10 months or more in the last 12-month cycle

| 18% p.a. (1.50% p.m.) | Tier 3: for cardholders with payments of less than 10 months in a 12-month cycle |

If you consistently pay your card bills in full and on time, then you don’t have to worry about interest rates at all.

Interest-free period

This is a grace period whereby you can enjoy zero interest on your outstanding balance. This period starts from the date of issuance of your credit card statement until the statement due date.

Credit limit

This is the maximum amount that a lender can extend to you for a particular line of credit. If you earn a monthly income of RM3,000 or less, the bank will usually set a credit limit to 2 times your salary.

For those earning more than RM36,000 per year, there is no limit to the credit that will be assigned to you. You can also own multiple cards from multiple banks with varying credit limits.

Cash advance

Cash advance is a facility that allows you to withdraw money from your credit card through ATM much like a debit card.

Not to be confused with a cash loan facility whereby you can borrow a certain amount from your card and repay it in instalments, which is similar to an EPP.

A cash advance is subject to a cash withdrawal fee and interest rate of 18% p.a., which is calculated daily until you pay up the withdrawn amount in full.

Billing or statement cycle

Each credit card transaction you make will be posted in your credit card statement. This statement, which itemises all your transaction histories for the past month, will arrive at your mailbox or inbox in the current month.

It is important to take note of the statement due date so that you will not be charged with unnecessary fees and charges on the outstanding balance.

Minimum monthly payment

In your statement cycle, you are allowed to make a partial repayment of your card bill to avoid being charged with a late finance fee on the outstanding balance.

However, the remaining amount of your outstanding balance will still incur finance charge. The minimum monthly payment is usually at 5% of the total outstanding balance, which must be settled before the statement due date.

How many types of credit cards in Malaysia?

There are 4 biggest card networks in Malaysia: Visa, MasterCard, American Express and UnionPay. They partnered with Malaysian banks to issue credit cards to consumers.

The banks then further categorised these cards to meet various consumers’ needs and spending habits to having features such as cashback, reward points and air miles.

| Cashback | You get back a portion of money you have spent into your account | | Rewards | You earn loyalty points for every Ringgit spent, redeemable for products and services | | Air Miles | You earn loyalty points for every Ringgit spent, redeemable at your frequent flyer programs |

Normally, a credit card will have one of the features above. Depending on the income band, it can have a combination of features such as cashback and rewards, or air miles and cashback.

Which credit card is the best for me?

In RinggitPlus, we have several categories that can cater to the unique needs of every Malaysian, such as: