Any AMEX card holder here? since not many shops accpet AMEX, can anyone of you share your opinion how to earn membership reward point fast?

Maybank AMEX offers double point rewards. Petrol refill also entitled to points collection.

yes... i want to take advantage of the double point promotion. but so far.. only Shell stations accept AMEX right? Petronas no longer accept...

caltex aso accept and now got 3X points if pump over rm50

Cool! What about Mobil or Esso? are they accept AMEX? i always book ticket on malaysiaairlines.com but too bad they dont accept AMEX

This Maybank promotion is not limited to AMEX card right?

where to get the AMEX card?

Apply from the bank. Not many local banks offer AMEX. So far, I know only Maybank offers it.

you could visit the following maybank site to apply for the card online ..

http://www.maybank2u.com.my/consumer/onlin...mex_index.shtml

Any idea if other banks beside Maybank got AMEX?

Hong leong bank

Amex currently offering RM2.80 = 1 Frequent Flyer Mile!!! very good deal man!!!! i want to earn more points

You meant this:

http://www.hlb.com.my/pfs/cc/ccamex.jsp?flag=ccamex

not many AMEX card holders here?

Because not many merchants accept it as well.

AMEX or charge card (eg:DINERS) are not popular with young ppl.
With the availability of credit cards, young consumers prefers that.
Also, AMEX's merchant charges are higher than VISA and MASTERCARD; thus the reason behind why a lot of shops doesn't get AMEX merchant's POS.

For me, i m a frequent traveller... so i prefer to earn fast points.. Amex is offering RM2.80 per frequent flyer's mile where other credit cards you need to spend RM5.80 in order to get 1 mile. thats a lot different...
but yeah, Amex card is more for business man cos we have to make the full payment each month.

Yes, Esso and Mobil accept AMEX, not only that, u can earn reward point as well.

Thanks for the info next time will fill up petrol with Esso or Shell only lol...

What petrol are you using currently?

most of the time i use Petronas but since they dont accept AMEX... i will use Shell next time.. its help me to earn points faster!

I see. Petronas will be my last choice of petrol.

Amex really gives lots of points....got for those who always go travelling...
now Maybank got promotion for American Express Charge Card-
Annual Fee Free for 1 Year!
You will entitle to participate in 'Scratch & Win' contest once your card is approved,and get freebies like i-pod,Universal CD,optical mouse...etc....

you are right...currently AMEX gives you RM1 = 3 MR points (if you take the turbo point program) which is RM1.80 per frequent mile... Thats really the best offer in the town now!! this promotion end late of jan.2008... i want to find a ways to earn more points during these periods. hahah..

yeah...you are correct....hmm.....so wat do you guys out there waiting for??
come and apply and get fast points...( Dozz,don't be angry ya )

haha.. why should i angry? i m not working for AMEX or Maybank anyway.. i will be great if AMEX get more card holders, so more merchants will consider to accept the card. haha

haha...thanks....yes correct,if more member,then merchant for the card will increase....
so....hehe...fast fast apply...

we have to remember that AMEX charge higher merchant fees. That's the main reason why lots of shops do not use it.
but like Dozz had mentioned before, and to those who doesn't know, pls understand that one have to pay full before he can use the card after being billed; thus it's a charge card same as DINERS.

Same goes AMEX credit card or what?

I read from the other thread said that there's AMEX credit card and AMEX charge card.

as far as I know, American Express is a form of charge card. they have pulled out of Malaysia and sold their product franchise to Maybank and Hong Leong.
what is left in M'sia is their global fraud, autho & collection team. but they're setting a new wing of global risk here to take care of this operations.

yes,corretc...indeed there are 2 types...one is normal credit card,another one is Charge card...where you have to pay in full after you use it and it has no limit...

I'm still a little confused. Meaning no matter which type, you still have to pay in full? Correct me if I'm wrong ...

The other thing is on no limit, what you meant?

have checked Maybank's website and saw the 2 type. the only explanation is they created this credit card product running on AMEX network instead of VISA or MASTER.
http://maybank.com.my/consumer/online_cards/amex_index.shtml
http://maybank.com.my/consumer/online_cards/amex_about.shtml

Do you guys know that actually AMEX doesnt have its own credit card in Malaysia? Those AMEX cards with issued by maybank & hong keong are actually co-branded credit cards, its not 100% percent from AMEX. Try to browse other countries AMEX's web sites like singapore, HK, Australia.. they all have their own AMEX issue credit cards avaiable.

AMEX was previously here.
But I guess market demand made them pull out 2 years ago.
But before they pulled out, they sold the franchise to Maybank and Hong Leong.
Their global Fraud, Autho & Collection team are still in based in Msia. Golbal risk HQ is in London, but are setting an arm here to further have monitoring on this Fraud, Autho & Collection team.

Maybank amex users here...being use for petrol for points....use for travelling as well.....

b00n:

Are you AMEX card holder as well? Does Malaysian's Amex charge card same as other amex cards that issued in other countries or not?

Nope, I just happened to be in Banking and Finance line dealing with risk management.
If it's charge card than it should most probably the same.
It's recognised and taken as a privilege and well accepted in overseas.
Partly because of the next to no limit bounds and also a customer would need to pay off the bill before next usage. Since AMEX doesn't earn much from the interest charged unlike credit cards; they would have to charge high merchant fees. Thus creating a hindrance from shops to carry the merchant.

i heard AMEX actually charge merchants 5% of the total amount charge..where VISA and Mastercard only 2% to 3%.. is that true?

yeap, it's somewhere there..........
That's why a lot of shop prefers cash instead. And some would imposed another separate charge of additional 3% or say no discount at all if purchasing via cards, because they want to dvert the merchant charges to customer instead.

Seperate charge are usually happen in travel agency when you want to pay by your cards... if believe there is no extra charge if buy direct from the airlines company right?

The big companies would be able to absorb the cost. But the smaller companies, or smaller shop wouldn't want to bear the cost. One would find it more rampant while buying electrical, mobiles and not to mention....even jewelries.

I strongly agreed with this. There's always service charge imposed if you pay using CC when you want to buy consumer electronics including PC peripherals.

yes...agreed too..sometimes depends lor...

I'm still not that clear regarding AE credit card and AE charge card. Are they basically the same? What're the differences between them?

Is there a credit limit on AE credit card like usual Visa or Mastercard credit card? Do I still need to repay in full for AE credit card like AE charge card?

ok..it's like this...
American Express Credit Card- i) like other normal credit card
ii) gives 2X treat points
iii) there's credit limit given
iv) can pay minimum payment

American Express Charge Card- i) Charge card - you need to pay in full amount when you use it
ii) no pre-set spending limit
iii) no interest charge because you settle your account in full each month
iv) 2X treat points
v) this is a good card for those who always go oversea

Maybe not in Malaysia but other countries such as Singapore, Hong Kong, Australia.. AMEX card very accepted mostly every merchants.

Those of us that pay up full amount for CC would find that Amex better because can collect points at petrol station and get 2X reward points. And since Amex is a charge card and is targetted at "people with higher spending power", their members tend to go to higher end establishments. Anyway so what if the merchant does not take AMEX, most of us have Visa or Master.

I have mentioned many times, AMEX annual fees waiver is the best, call them and on the spot waive without any conditions attached i.e. no minimum usage nor amount.

AMEX interest free installement program for any purchase is truly interest free as they don't charge handling charges like CC. However this program ends on 15 Nov 2007.

DELL also accept AMEX, bought my Vostro with it and got 2X rewards

Someone also mentioned that jem shops imposed surcharge, well it depends which shop you go to. My wife have been using AMEX recently at her regular jewel merchant and use cash or AMEX same price. Got 2X rewards somemore.

haha, looking at above, i mentioned 2X rewards many times, this is because i got my statement today and happy with the total rewards points to date however i have yet to compare redemption points required for same item with CC. If AMEX need twice the amount of rewards points to redeem same item compared to CC, then the 2X rewards points is BS.

@Gen-X:

Yes, if those merchants doesnt accept AMEX, we still have VISA or Mastercard for backup. lol

2x Reward Points are great! its equal to RM2.80 per mile.. where other credit cards you need to spend between RM5.40 to RM6.00 in order to get one mile.

Gen-X, did you enrolled in the Turbo Points Program?

No worries getting point from charging your credit card for petrol next year... Up RM0.70....( is it confirm up RM0.70???)