u r doing great for a 21 yrs old
u can get the cimb/DA gold cards, MBB AMEX Gold CC, MBB Sony Visa (if u like sony)

do read the posts above or search this thread, u shud be able to find the cc suitable for your needs

One good site to add from http://www.bankinginfo.com.my
KNOWING YOUR CARDS (pls spend some time reading it up, especially for first time card user)

1. Visa
2. Mastercard
3. JCB
4. AMEX - Charge or Credit Card
5. Diners Club
6. Etc.

1. Annual fee matters

No need to request for waiver
CIMB Direct Access Platimum and Gold - requirement Professional/Graduate. ---> http://www.directaccess.com.my/index.php?tpt=cimb_da
UOB Platinum - got to have BOTH MasterCard and Visa and swipe minimum 6 times/card.
Alliance Platinum - swipe 12 times a year or spend RM5,000/year.
RHB Evo - got to swipe once a month or RM8 is charged for that month.
OCBC Platinum Robinson - swipe 3x any amount even few ringgit also can at robinson from month on card expiry not following year basis (http://www.ocbc.com.my/personal-banking/Ca...Privileges.shtm)
MBB Flex -got to swipe twice a month or else charged RM3.95
Citibank Choice - 2 transactions in a month
CIMB Mastercard Paypass - free for life without conditions

2. Tap and Go - no signature required matters

Visa Wave - MBB, UOB
Mastercard Paypass - CIMB, CIMB DA, CIMB Islamic ---> http://www.mastercard.com/sea/personal/en/...rd/paypass.html
Visa payWave - MBB Petronas, EON, MBB Petronas Ikhwan ---> http://www.visa-asia.com/ap/sea/cardholder...a_paywave.shtml

Paypass limited to RM120
Visa Wave limit should be RM150
3. Credit Card linked to Petrol Giants

BHP-UOB
Shell-Citibank
AMEX charged card gives rewards point (presently 2X if got Turbo 3X) for pumping petrol at ALL petrol stations.
Petronas-MBB Visa Gold with payWave (free for life with no conditions) ---> http://www.mymesra.com.my/index.php?ch=mm_...omo_promo&ac=75
Petronas-CIMB Mastercard Gold (free for life) ---> http://www.mymesra.com.my/index.php?ch=mm_...omo_promo&ac=75
All petrol brands with CIMB DA Mastercard with rebate up to 2% monthly and 5% on the first day of the month.
Petronas-MBB Ikhwan Visa ---> http://www.mymesra.com.my/index.php?ch=mm_...mo_promo&ac=123
Petronas-CIMB Islamic Mastercard ---> http://www.mymesra.com.my/index.php?ch=mm_...mo_promo&ac=123
AMEX credit card generally offer 2X MR/TP at ALL petrol stations that accept AMEX. The newly AMEX credit card offers 5X MR.
4. Standard financial charge (interest rate)

Retails purchases: 18% p.a or 1.5% p.m from statement date upon paying the minimum amount.

*Malaysia had adopted tiered pricing interest rate: BNM Press Statement
18% p.a. (now, most bank had adopted 17.5% p.a. starting Apr 09)
17% p.a. (now, most bank had adopted 16% p.a. starting Apr 09)
15% p.a. (now, most bank had adopted 13.5% p.a. starting Apr 09)

Cash advance: 18% p.a from the date of withdrawal.
Late payment: 1% of outstanding or RM 5 whichever is higher.
Minimum payment amount: 5% of outstanding or RM 25/RM 50 whichever is higher.
5. Complementary Cards

1) Citibank - Just deposit and maintain RM200k
2) UOB - Opening deposit of RM300k with maintenance of RM200k
3) Standard Chartered - Deposit & maintenance of RM250K effective 1st April 2009
4) OCBC - Opening deposit of RM300k with maintenance of RM200k
5) HSBC - Deposit & maintenance of RM200k

6. AMEX ---> http://www.americanexpress.com.my/amx_info...fo/home/home.do

A - Charge card

AMEX charged card gives rewards point (presently 2X if got Turbo 3X) for pumping petrol at ALL petrol stations. Another benefit AMEX have over others is that they presently have 6 months 0% installment for any transaction. AMEX is truly 0% as they is no handling or surchage fees as compared to DA and UOB.

B - Credit card

With the newly launched AMEX Gold Credit Card:
5x Membership Rewards points for every Ringgit spent on groceries, petrol, bookstores - Kinokuniya, Borders, Times and MPH - and telco charges via Express Autopay -Celcom, Digi, Maxis and Telekom.
2x Membership Rewards points for all spend elsewhere.

Link to AMEX thread: http://forum.lowyat.net/topic/547867

7. International Transactions

Mastercard and Visa charges a surcharge on top of the exchange rate. The banks also choose to charge an additional administration charge on top of that

Maybank: 0.5% -->verified by Hye

CIMB/DA: DA - 1% (starting April 2009 - by hye)

Hong Leong: 1%

PBB: 1.25% (thanks to the link by prasys)

http://www.pbebank.com/en/en_content/perso...ates/cards.html

Citibank: 1% --> verified by tinkerbel

HSBC: 1% --> HSBC will also charge a Misc fee; bank isn't able to provide details on what that is but according to CS whom I spoke with, there's a small misc fee. (contribution by Tinkerbel)

EON: 2%

UOB: 1%

Standard Chartered: 1%

AMEX card:  2.5% (Item 13.5 of the T&C)

OCBC bank: (provided by kei18kun)
overseas transaction 1%
http://www.ocbc.com.my/personal-banking/Ca....shtm?bcid=M5_1
8. Credit Card Cancellation Letter
9. Cash Advance fees

Citibank: 5% of cash amount (min RM20), and 18% p.a. daily interest (N/A for Ready Cash)

UOB: The cash advance fee is charged to any withdrawal of cash made. This is imposed for each cash advance transaction. 5% or RM20, whichever is higher.

Maybank: VISA/Mastercard (Both Classic and Gold) | Flat rate of 5.00% of the total amount of cash advance | Min: RM10

CIMB DA: 5% of the amount drawn, subject to a minimum of RM15, whichever is higher.

CIMB: 5% of the amount drawn, subject to a minimum of RM15, whichever is higher.

HSBC:
The cash advance fee is 5% of the amount advanced or a minimum of RM15. Whichever is higher. This is imposed for each cash advance transaction
For HSBC Amanah Charge Card, cash advance is capped at RM1,000 per transaction and a fee of RM60 per transaction will be levied
For cash advances made over the HSBC banking counter, there will be an additional charge of the following:-
- RM50 on credit cards issued by local banks other than HSBC - RM20 on credit cards issued by non-Malaysian card issuers (including JCB)
- Cards issued by HSBC Bank Malaysia and the HSBC Groupare exempted from this charge

OCBC: The cash advance fee is 5% of the amount advanced or a minimum of RM15, whichever is higher. This is imposed for each cash advance/casino chips transaction.

10. Verified by Visa and Mastercard Securecode

Verified by Visa ---> http://www.visa-asia.com/ap/sea/merchants/...vbv_intro.shtml
Participating banks: EON, MBF , HSBC, PB, MBB (MSOS)

Mastercard Securecode ---> http://www.mastercard.com/au/personal/en/c...code/index.html
Participating banks: EON, MBF , HSBC, PB, MBB (MSOS)

11. Previous versions

Credit Card V2 Thread
Credit Card V3 Thread
Credit Card V4 Thread
Credit Card V5 Thread
Credit Card V6 Thread

12. Useful information
BNM issued guidelines in 2003 that limits consumer liability in cases of fraud to only RM250. See the actual document here, page 123 has the guidelines. (Courtesy of tishaban) (thanks awaynoway for the updated link))

Credit information:
CCRIS: http://creditbureau.bnm.gov.my/
CTOS: http://www.ctos.com.my/
BRIS: http://bris.com.my/index.html

13. FMB - Financial Mediation Bureau
http://www.fmb.org.my/index.htm
14. AKPK - Agensi Kaunseling Dan Pengurusan Kredit | "We understand what you go through when you are financially distressed"
http://www.akpk.org.my/Home/tabid/36/Default.aspx

Financial Education | Financial Counselling | Debt Management

Link to AKPK thread: http://forum.lowyat.net/topic/876712

14. Other Links By Users:
Quite informative blog with links provided by Gen-X:
http://creditcardsmalaysia.blogspot.com/20...rds-cc-101.html
Disclaimer: If there's anything one wants to update on this first page or if there's any information wrong, pls PM me and I'll update if it's relevant.

Code to add as 1st page: (click the spoiler, than copy and paste)

How About HSBC ,Citibank or UOB? 

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Added on September 10, 2009, 7:51 pm
Still Got 1 More Name China Union Pay(中国银联)

Any link or details for it?

Michael, i've this card. it's free for life. don't worry.

Product is not a popular card that's why.
May I suggest something ... if you don't like the card then just cancel it. These days cc agents are all out to make sure they meet their targets so they will sell aggresively and not bother about whether the consumer need the card or not. Some unscrupluous ones will "apply" additional cards for you. This can happen from any banks and my personal experience is that an International bank agent did this to me. Note that some banks outsource their card marketing thus these agents are even more pressured to sell their cards to you or they don't their dough at the end of the month.

Please do not condone this ... if you receive a card that you never apply then just cancel the card. Same goes if you don't like the card and the priviledges not meeting your expectations then just cancel it.

Cancel after 3 months if not that the cc agents will fail their target as well. They are trying to make a living after all.

Good that you think of others. Imagine if we are in their shoes.......

So hold on to your card and cancel a few months later. After all, it makes no difference to us but it matters to other.

How About HSBC ,Citibank or UOB? 

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Added on September 10, 2009, 7:51 pm
Still Got 1 More Name China Union Pay(中国银联)

How About HSBC ,Citibank or UOB? 

Still Got 1 More Name China Union Pay(中国银联)

China Union Pay as its name imply, is use mainly in China

U can apply for HSBC, Citi or UOB oso, but some of the cards need to call to waive AF
UOB has minimum swipe requirements if not mistaken

may i know what is the AF for UOB VOX card, i saw it from the web site need to spend at least RM 50 per month, is it true? i owned this card for 1 year,i tot 12 transaction per year ur AF will automaticaiiy waived? who can verified that for me? thank you very much.

how want to ask something regrading cc..
if i ask agent to apply for me in citibank is it more faster and more easy to get it?

want to ask.. citibank got some many card which wan is more suitable le?

1) free life de.. got? don't wan pay extra

want to ask if i wan to cut off my citibank cc card.. what should i do?
can i cancel it after 1 year?

How About HSBC ,Citibank or UOB? 

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Added on September 10, 2009, 7:51 pm
Still Got 1 More Name China Union Pay(中国银联)

thanks for the reply. if i not yet activate my card i still need to call and cancel my card ah???
pisang u r using this card? so when u spend using this card RM100 u get 100 reward pts? or what else do u get?
urm my agent really simply apply card for me le. LOL.. so far i received travel money card tesco card and realrewards.. still waiting for other cards.. 

want to ask if i wan to cut off my citibank cc card.. what should i do?
can i cancel it after 1 year?

haha.. without free gift doesn't matter as long the agent is fast and responsible then ok de la.. actually finding some agent can help me register the citibank card and make it fast.. moreover waived the annual fees.. that all.. hehe

eh not 12 transac den auto waived meh?
btw i wanna apply UOB card. but i dunno how to rebate works for VOX and ONE card. please adv
want to see which one is suitable for me.. and is it okie to apply online??

just got my first cc yesterday..
wondering what is the finance charges..?'

if i do not use the cc..i still need to pay any other charges or fees besides annual fees...?'

cos my friend worked as agent..so i just apply for fun to help my friend gets comm... ~