The Minimum Loan Repayment rate has been decreased to
Year 2020-2021
min. payment 5%
Year 2022
min. payment 8%
Year 2023
min. payment 10%
The minimum payment amount will be automatically adjusted in your bill, from April 2020 onwards. You do not need to contact TMRW.
You can also request for the following:
Defer the principal and interest payments for 3 cycles
Convert your outstanding balance* into an installment plan of up to 48 months
(For direct impacted customers as per the Bank criteria, interest rate will be adjusted to 12%)
*Excluding installment transaction occurred before joining this programme
Customers are able to register this Financial Assistance Program from now till 30 June 2020 through:
Once you are on 3% cashback, you can change the preselected categories to your
preferred categories any time in the month and see the rebate details by
tapping on "View Categories".
Here is how it works:
By default, you will be earning 2% cashback* for Fashion and Cosmetics, Entertainment, and Convenience store (preselected categories). For the rest of the categories, you will
be earning 1% cashback.
Once you make 2 bill payments and 2 fund transfers within a month, you will
be eligible for 3% cashback in the following month for preselected
categories. You can make changes to the preselected categories to become your
preferred** categories once you are on 3% cashback. For the rest of the
categories, cashback rate will remain at 1%.
Your cashback will be credited on the second working day of the following
month.
Please take note that cashback rate and categories will fall back to
default setup next month if 2 funds transfers and bill payment is not made in
current month.
*Cashback is only applicable for credit card transactions
**3 categories can be selected as preferred categories.
Here is an example:
Mr.Tony made 2 fund transfers and 2 bill payments by 15 October. He can
make changes to his preselected categories any time in November to start
enjoying 3% cashback on preferred
categories for his transactions between 1-30 November.
He will be credited 3% cashback for his preselected/desired categories and
1% for transactions of other categories on the second working day in
December.
In Nov, he will be credited 2% cashback for his preselected categories and
1% for rest of the categories for his transactions between 1-31 October.