Asked by Anonymous
Updated on 18 Apr 2019
Hi, the cashback that you qualify/earn for this month will be automatically used to offset the amount due/payable for your next month's credit card statement.
E.g. Assuming you have a new card
16 SEP - 15 OCT: Amount due: $245 Cashback earned: $2.45 Amount payable: $245
16 OCT - 15 NOV: Amount due: $150 Cashback earned: $1.50 Amount payable: $150 - $2.45 = $147.55
Ps I'm using a CIMB cashback credit card too