There still have a lot of Malaysians do not know how to prioritize their interest charged and interest earned. I can see that there are quite a great number of people who save large amount of money in bank but keep the unpaid balances on their credit cards. If can, try do not practice in this way!
Generally, Malaysian credit cards charged 18% interest rate on unpaid balances. In other words, it is the amount that you will pay in interest charges per year.
18% / 365, so that’s about 0.049315% daily interest.
One thing you should know is credit card interest is charged based on a daily compounding basis, so you will end up with interest being charged on daily basis.