You need to be working / have income and above 21.

Goto to first page of the Thread and click on V6.

hehe, now that you've mentioned it, i just noticed all my 3 scb ccs are at 13.5%, even though i just applied the cards on last march and may respectively

is it because i used to hold their cc a few yrs back ago??

Means that you have been (highly likely) paying SCB promptly in the last 12 months. You should know this yourself.

yes, i made full payment before due date every month on all my cards

but for SCB, that can't translate to 13.5%, as i held their cc back in 2003 and terminated in 2004 and the three cards i have now just 3 and 2 months old

i thought when you apply for new cc, it will reset back - until you've made 12 continuous prompt payment

This post has been edited by alexwsk: Jun 27 2009, 11:05 AM

my guess is..

CRM database = Existing customer
Credit Card Database = No Late Payment in Last 12 months

Bam! You get 13.5% for a 3 month old card

hehe, no late payment in last 12 months including the 9 months with no cc, really champion
maybe you're rite, the system is set to detect like that

well, not a concern to me anyway, just a little surprise

Well ... it is a good thing right ? You can't complain for getting something good.

hehe, not complaining, just curious

Whatever interest rates, to me, is meaningless. For people who ensure full payment is done before the due date like us, the so called "lower interest rates" never benefit us. I'd rather be awarded with more cash rebates and reward points.

Ok.. On Thursday i have received a weird call from someone Claimed (From MBB) that asked me if I'm Interested to apply for a AMEX card (gold)...

I'm Still a Student at this point of time ( 1 year moar to finish my studies), but I'm amazed with their Job in searching my profile... +_+ and they say.. no problem , you can apply based on your current Supplementary Credit card "limit" (where it's my dad that sub-ed the card to me with a limit of only 1.5k for Emergency Purposes, and MOST of the time i used it to pump petrol as lazy walk to counter and pay back my dad accordingly )

Now... this is the weird part... I wonder... How good is their *Info Mining* team.. where.. they can even Know my Approx In-Out $$ from my other banks Transactions.. and also not forgot the maybank savings account transaction (that can go UP to XX-K in-out) per month and with Just that.. they say I'm qualified to Join the credit card..

Is It that... All the banks are such Informative? lol.. i don't wanna own another C.C... except they can "show" me the benefits of owning one extra and gain extra $$ while using their credit cards EXCEPT through point redemption

i know i have to be working.
i'm 22.
but is there a way to get around that system?
i'd prefer managing my own financials and expenditure rather than my parents

Some banks offer CC if you deposit substantial amount with them in FD/Time Deposits.

HLB also give complimentary CC when you open a SmartLink Account with them. Click below:

http://www.hlb.com.my/pfs/dep/depsmacc.jsp?flag=depsmacc

As long as you can proof you meet the minimum income, I see no reason why you can't get a credit card. Source of income need not necessary means from employment, income can come from dividens, rentals, royalties, etc. If your parents give you X amount monthly/yearly and the total is more than the minimum required, technically you should be able to qualify. Go ask the bank that you have an account with and if they find your account to be maintained to their satisfaction, you may be issued a CC.

Alternatively, you can get a Visa/MC Debit card that can be used just like a credit card except that transacted amount is deducted from your savings/current account almost instanly.

debit card not an option.
need credit card for extended financial support.
thanks for the info

can we reiterate a mantra/

Don't use a Credit Card to carry debt.

but if managed no problem one.

Or you can put some time deposit into the bank and then apply for one. However, you must be AT LEAST 21-year-old.

You can try with Public Bank or AMBank. Open a time deposit account with RM10,000 and you can apply for a Gold Credit Card with a credit line of RM10,000.


Agreed. And hopefully more banks will offer cash back credit card. Cold hard cash is way better than some stupid point. Not to mention those banks can save on courier fee too.

@Kazachok,
You're a student and u still take ur money from ur parents; so how then is it that you're going to manage your own finacials and expenses?!

Also, I see no reason for U to need a CC of ur own unless U intend to make purchases ur folks do not approve of!

@MilesAndMore,
He did say he's 22!

Hey...for some people, owning a cc is easy, but managing it is difficult. You shouldn't view cc as a tool to extract easy money.

Absolutely right. He should own a dc first, and apply for cc when he has entered the job market later. If he really needs a cc for emergency use, getting a supp card with small CL is good enough, at least for the time being.

This post has been edited by winner: Jun 27 2009, 09:37 PM

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Added on June 27, 2009, 10:25 pmI seriously wanted to laugh my head off when I read this bro's answer. I don't want to be rude but if you are thinking to start a debt at such a young age, (somemore cc debt) I think you better take a hike. I could have used a more "interesting" choice of word to reflect my annoyance at such attitude and arrogance towards the purpose and idea of owning a credit card.

I saying this for your own good.

This post has been edited by hye: Jun 27 2009, 10:45 PM