Commencement of RM100,000 Life Insurance Coverage
|
Continuation for 12 Months Coverage
|
Final Coverage
|
Coverage Renewal from 1 March 2021 onwards
|
1 March 2020 | 28 February 2021 | ||
1 January 2021 | 31 December 2021 |
Auto IPP Commencement Date (1st instalment)
|
Continuation for 12 Months Tenure
|
Auto IPP Final Instalment (12th instalment)
|
Auto-IPP Renewal from 1 March 2021 onwards
|
1 March 2020 | 28 February 2021 | ||
1 January 2021 | 31 December 2021 |
EPP Tenure
|
ONE-TIME HANDLING FEE (NON REFUNDABLE)
|
5 months | 4% |
10 months | 6% |
20 months | 7% |
REBATE
|
TRANSACTIONS FOR REBATE CALCULATION
|
2.5% (capped at RM100 per calendar year, per Principal card) |
Great Eastern Insurance Premiums payments only |
0.1% |
Other Retail Spending (excludes Great Eastern Insurance Premiums) |
OTHER RETAIL SPENDING
(TRANSACTIONS INCLUDED IN REBATE CALCULATION) |
NON-RETAIL SPENDING
(TRANSACTIONS EXCLUDED FROM REBATE CALCULATION) |
(i) Local and overseas purchases | (i) Easy Payment Plan (EPP) |
(ii) Auto Debit/Recurring | (ii) Balance Transfer (BT) |
(iii) E-commerce/Online Purchases | (iii) Call for Cash (CFC) |
(iv) Instalment Payment Plan (IPP) | (iv) Power Credit Cash Plus |
(v) Mail Order/Telephone Order | (v) Outstanding Balance |
(vi) Cash Advance | |
(vii) Finance Charge | |
(viii) Annual Fee | |
(ix) Late Payment Charge | |
(x) Reversal on Transaction | |
(xi) Disputed Transaction | |
(xii) Fraudulent Transaction | |
(xiii) Card Replacement Fee | |
(xiv) Service Tax | |
(xv) Other Fees and Charges | |
(xvi) Any transaction relating to Great Eastern Insurance |