|
iQ Card Fees and Charges
|
|
Annual Fee
- Principal
- Supplementary
|
RM380
RM85
|
|
Joining Fee
|
No Joining fee
|
|
Monthly Fee - iQ Account
- If average balance below than RM5,000
- If average balance equal or above than
RM5,000
|
RM15
RM5
|
|
Finance Charges:
a) Purchase
b) Cash Advance/Casino Chip Fee
|
18% p.a of outstanding amount calculated on a daily basis after expiry of interest free period.
18% p.a of the cash advance/casino chips amount calculated on a daily basis form date of transaction.
|
|
Minimum Interest Charged
|
Minimum interest chargeable is RM2.
|
|
Cash Advance Fees/Casino Chip Fees
|
The cash advance fee is 5% of the amount advanced or a minimum of RM15, whichever is higher. This is imposed for each cash advance/casino chips transaction.
|
| Sweep from Line of Credit |
5% of sweep amount. |
|
Minimum Monthly Repayment
|
5% of the outstanding balance or a minimum of RM50, whichever is higher.
|
|
Late Payment Charge
|
The late payment charge is 1% of the minimum repayment amount due or a minimum of RM5, whichever is higher.
|
|
Interest – Free Period
|
20 days from the date of the monthly billing statement and only applicable for purchase transactions.
|
|
Conversion for Overseas Transactions
|
The conversion rate as determine by Visa International.
|
|
Statement Retrieval Fee (printed)
a) Current to 2 months
b) 3 to 12 months
c) Above 12 months
|
Free of charge.
RM5 per statement.
RM30.00 per statement.
|
|
Other Charges:
- Transaction Receipts Fee
- Cheque Returned Fee
- Card Replacement Fee
- Over Limit Fee
|
RM25 per original copy and RM15 per duplicate copy.
A RM100 penalty fee will be imposed on cheque returned for non-technical reasons.
RM30.
5% of the total over limit amount or RM50, whichever is higher.
|
