Advisory : Payment Method - Cash or Credit Card or Instalment Plan

[legacygts]

Credit card 0% installment..can clock points

[jimmyl]

Credit Card with 0% installment plan

[quincymmx]

0% installment

[mattie123]

I think if you pay off the installments in time, most CC are much of the same. The problems come if there is a default in payment

[Sundance]

Credit cards for rebate. Cash for pre owned.

[quincymmx]

Do banks still give rewards point if the purchase is on an instalment plan?

I always thought they did not.

Yes correct, most card don't give you reward point once you go for IPP.

[Smintboy]

It actually all depend on the AD or 2nd hand shop.
Mine was quoted 12.5k for the Sub TT and when I ask they say cash payment, and when i ask about credit card payment. they say will not charge additional.

My initial thought:

1. the price quoted alrdy factor in the transac fee of credit card.
2. I shld be able to ask for more discount if I were to use fully cash payment.

In the end, I use a Amex card which give 5% rebate & 2 stanchar Manhattan card which giver 3% rebate each.

I got my sub TT at 12,025 after a calculated of $475 rebate from my cards.

all depend on your calculation.

[Metroplex]

Credit card unless cash is cheaper.

[Fabiannyo]

Cash is still king.. No need for installment for such luxury items

[retribution678]

Boutique discount is quite lousy.....still prefer ADs

[eg61]

Payment by cash is definately a better choice.
Better discount is usually given if payment is by cash in most AD.
Boutique, i dont think they care if payment is by cash or card.

[rolexmile]

Do banks still give rewards point if the purchase is on an instalment plan?

I always thought they did not.

[pereiraex]

Where possible use cash to get discount. If no discount then use credit card to get rebate... sure win for u.

[Deep-sea]

If discounts are given the same for both cash and credit card full payment, I would choose credit card.. earn rebates..


Instalment is okay if you made partial payment eg 50% to it. Otherwise, you are digging your own grave. my 2 cents

[Hikarudevil]

Actually cash or not it really depends how much the sales person is willing to give u as a discount. More discounts he/she gives, lesser comm also