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pay tuition fee with credit card
  • Mei 5, 2022
  • All, Membuat Bayaran

Pay Tuition Fee with a Credit Card

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Education is one the most important factor in our life. As a parent, we want to provide the best education we can to our children, from preschool to tuition, home tutoring, or even a piano or art class. As an adult, we enrolled in various courses to further our careers. Through education, we gained knowledge, experience and friends.

However, education cost can be tough to manage. A preschool can cost you around RM1,000 to RM3,000 per month, an international school can cost you up to RM30,000 per semester. An interest class or home tutor will charge you on a monthly basis and the list goes on.

A friend recently asked me whether is it possible to pay his children tuition fee using credit card through jomSETTLE. After reviewing the cost above, education fee really does put a heavy toll on our cash usage. Wouldn’t it be better if we can move the cost to our credit card and float the cash for 45 days longer? Of course, right, is a simple math. The downside of this thinking is that some school might accept credit card payment but most do not.

And this is my answer to him – yes of course you can. You only to create an account with jomSETTLE and prepare your invoice. 

Through jomSETTLE™ make payment services, you can use your existing credit card to pay for tuition instead of using cash or checks without requiring a credit card terminal.

Pay Tuition Fee with Credit Card

The process to pay tuition fee with credit card is simple – you only need to register an account with jomSETTLE™, which is free, and make the payment. Choose freelancer/others payment and fill up the required details together with a supporting documents(invoice). You then complete the payment using your favourite credit card and we will make a bank transfer to your school within 3 working days.

Why Pay Tuition Fee with Credit Card?

Reserve Your Cash in Hand

  • Paying tuition fees with your credit card gives you more leeway in managing your cash flow. You can swipe your card first before your cash actually leave your bank account which is 45 days later. You then have 45 days float time to manage your cash flow however you see fit. You can learn more about cash flow here.

Earned Credit Card Air Miles or Reward Points

  • Paying your tuition fee with credit card also let you racked up all the air miles or reward point. The monthly payment you made can convert into a huge amount of reward point in a year. You can also take the reward points as a justification to offset jomSETTLE 2.5% transaction fee. You can read more about how to offset the transaction fee here.

How to Pay Tuition Fee with a Credit Card

Here are the steps on how to pay tuition fees with a credit card:

  1. Firstly, you can sign up for a jomSETTLE™ account here dan log in.
  2. Choose Akaun Peribadi to proceed.
  3. Complete a one-time eKYC process for verification.
  4. Once approved, you can start to make payment by choosing the freelancer payment type.
  5. You will need to include documents such as tuition fees as proof.
  6. Any local credit cards are accepted. Choose any preferred card and Pay.
  7. We will then transfer your payment to your recipient account via bank transfer within 3 working days.

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Oktober 14, 2022
  • Mei 5, 2022
  • All, Membuat Bayaran

Pay Tuition Fee with a Credit Card

Education is one the most important factor in our life. As a parent, we want to provide the best education we can to our children, from preschool to tuition, home tutoring, or even a piano or art class. As an adult, we enrolled in various courses to further our careers. Through education, we gained knowledge, experience and friends.

However, education cost can be tough to manage. A preschool can cost you around RM1,000 to RM3,000 per month, an international school can cost you up to RM30,000 per semester. An interest class or home tutor will charge you on a monthly basis and the list goes on.

A friend recently asked me whether is it possible to pay his children tuition fee using credit card through jomSETTLE. After reviewing the cost above, education fee really does put a heavy toll on our cash usage. Wouldn’t it be better if we can move the cost to our credit card and float the cash for 45 days longer? Of course, right, is a simple math. The downside of this thinking is that some school might accept credit card payment but most do not.

And this is my answer to him – yes of course you can. You only to create an account with jomSETTLE and prepare your invoice. 

Pay Tuition Fee Virtually with Credit Card

The process to pay tuition fee with credit card is simple – you only need to register an account with jomSETTLE™, which is free, and make the payment. Choose freelancer/others payment and fill up the required details together with a supporting documents(invoice). You then complete the payment using your favourite credit card and we will make a bank transfer to your school within 3 working days.

Why Pay Tuition Fee with Credit Card?

Reserve Your Cash in Hand

Paying tuition fees with your credit card gives you more leeway in managing your cash flow. You can swipe your card first before your cash actually leave your bank account which is 45 days later. You then have 45 days float time to manage your cash flow however you see fit. You can learn more about cash flow here.

Earned Credit Card Air Miles or Reward Points

Paying your tuition fee with credit card also let you racked up all the air miles or reward point. The monthly payment you made can convert into a huge amount of reward point in a year. You can also take the reward points as a justification to offset jomSETTLE 2.5% transaction fee. You can read more about how to offset the transaction fee here.

How to Pay Tuition Fee with a Credit Card

Here are the steps on how to pay tuition fees with a credit card:

  1. Firstly, you can sign up for a jomSETTLE™ account here dan log in.

  2. Choose Akaun Peribadi to proceed.

  3. Complete a one-time eKYC process for verification.

  4. Once approved, you can start to make payment by choosing the freelancer payment type.

  5. You will need to include documents such as tuition fees as proof.

  6. Any local credit cards are accepted. Choose any preferred card and Pay.

  7. We will then transfer your payment to your recipient account via bank transfer within 3 working days.

Let's Stay in Touch

Get updates on our latest article.

You May Also Like

2023: The Advantages of Accepting Credit Card Payment as a Business

Read More »
Februari 3, 2023

2023: Why You Should Start Paying Your Business Expenses with Credit Card

Read More »
Januari 16, 2023

What is a Credit Score and How Does it Affect You?

Read More »
Oktober 14, 2022

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