Should I apply for a credit card in Malaysia? | Updated

Should you apply for a credit card? There are good points and there are bad points.

Let me begin with some good points:
  1. It’s better than borrowing from “Ah Long”.
  2. You would need it if you or your loved ones need to get admitted to a private hospital. Private hospitals will need a deposit before they do any major procedure on you or even to admit you. Or else, you will be transferred to the government hospital. Further, most of us do not carry so much cash in our wallet.
  3. You would need it if you are suddenly jobless for whatever reasons and you have no extra cash. Living in a city means you can’t plant your own vegetables and hunt for meat. Almost everything cost money!
 The bad points:
  1. You start to buy expensive and branded products as if there is no need to pay back.
  2. You do not manage your credit card account/s and got yourself blacklisted.

Comments

Pages

Popular posts from this blog

Top 10 Stocks Poised to Outperform in August 2025: AI, Clean Energy, and Tech Leaders to Watch

Top August 2025 ETFs: In-Depth Performance Reviews

Top 10 ETF Picks for August 2025: Best Funds to Buy Now for Growth, Safety, and Diversification

Top XRP ETFs to Watch in 2025: Dominating Holdings, Low Fees, and Performance Insights

Best Bitcoin ETFs of 2025: Should You Buy Today?

7 Best AI Automated Trading Software for 2025

Top 10 Pharmaceutical Companies by Revenue in 2025 (July Edition)

Did Steve Jobs Refuse Treatment for Pancreatic Cancer?

Top 10 Credit Cards for Hospital Bills in Singapore 2025

Top 10 Food Companies by Revenue (2025)