Anyone received statement from DA recently? Mine came with leaflet of DA Smart Flexi-pay plan. Until end of the year, you can convert any purchase to 10 monthly instalments. No upfront charges to convert unlike last time.

Yes, they have some issues with their CC system. But with only one time not being able to buy tickets in the past 2 years, I'm pretty OK with it. Did not have experience in being actually charged for failed purchases before with them.

http://www.maybank2u.com.my/mbb_info/m2u/p...qId=CRD01.16.06

This is a good reason why to call your bank and tell them the dates you'll be in and out of the country.

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Added on July 7, 2009, 1:16 pmAccording to the current rules, banks will not accept any post-dated cheques. The date on the cheque must be either the same day or earlier before being accepted for processing. And say if you put e.g. the next days date, odds are good that your cheque will be put aside and not processed and you are not informed of the non-acceptance.

This post has been edited by charymsylyn: Jul 7 2009, 01:16 PM

With MBB at least, you can only change the phone number the TAC is sent to at the ATM. TAC is needed for all money transfers and bill payments except to own accounts and favourite accounts. If the person already has your internet banking password, ATM card and PIN number, you are probably in more immediate danger with regards to your life than the money you have in the bank.

The only reason why you hear more bad news is because many people don't seem to mind logging in to internet banking either at public computers (cybercafe, at work) or the security of their own computers is already compromised (password stealing malware). It's always easier to hack the user than hack the bank system, not to say that our local bank system is really that safe in the first place.

I went to MBB card centre at 1U on Thursday to cancel my old Sonycard and Mastercard classic (AF due end of the year). The lady said that my Sonycard will be replaced by the new free for life version, so I might as well keep it, ans since I've not used the Mastercard for more than 6 months, it will not be renewed end of the year.

I then applied for the Amex Gold CC and exchange some points for Petronas vouchers. The centre called me yesterday (about 25 hours later) saying that my application has been approved and card is ready for collection. I asked and she said it was shared limit, but I didn't expect that they'll also increase my CL to RM6K, since I asked twice for RM6K and was rejected last year.

Colour me impressed with MBB service for the first time ever!

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Added on August 22, 2009, 12:38 pmIt makes no difference to the merchant side whatever normal or cashback card that you have as long as it goes through and there's no chargeback, haha. All the differences are with you and the bank and you just need to decide which card to use to get the best benefits you want.

This post has been edited by charymsylyn: Aug 22 2009, 12:38 PM

When picking up my card, I asked why my friend who applied a week before Treatsfair has not gotten his card, the guy said that applications through branches are normally slower as MBB Cardcentre applications have higher priority in the system.

For those who are convenient with any MBB Cardcentres, it doesn't hurt to drop by and resubmit. Existing MBB CC customers do not need to submit any documents, just filling up about half the form is enough.

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Added on August 24, 2009, 10:35 pmYour understanding of the points system used is correct. Both are not interchangeable, however during Treatsfair you can use either system to redeem items. Amex has their own easy payment scheme while in theory MBB Amex does allow EzyPayment, I've not seen any merchant offer it, they only accept MBB Visa/Master for it.

This post has been edited by charymsylyn: Aug 24 2009, 10:35 PM

The price of RON92 petrol is currently RM1.70 and will be replaced by RON95 petrol priced at RM1.75 on 1 September. I've noticed that practically no stations which used to sell both RON92 and RON97 has stopped selling RON92 since mid-August while only a very small number of stations are selling RON95.

Non-compounding charges (or interest, same function) simply means that the interest and charges do not compound, unlike conventional cards. With conventional cards, all interest and charges are subject to daily compound interest until full settlement.

Refer to Wikipedia for further information:
http://en.wikipedia.org/wiki/Compound_interest

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Added on September 4, 2009, 4:43 amCash advances from all credit cards in Malaysia is subject to 18% daily interest starting immediately from the withdrawal date until full settlement, excluding the cash advance fee paid for the facility (the fee is also subject to compound interest). This is not considered a hidden charge, it is nearly always mentioned in the interest information in the brochures and the back of your CC statement.

This post has been edited by charymsylyn: Sep 4 2009, 04:44 AM

Interest for CC here is nearly always quoted per annum basis, same like nearly any other banking product. Keep in mind that the APR is usually higher than the quoted rate.

There was no reduction in interest charges for cash advances, recheck the back of your CC statement.

MBB Petronas cards are all Visas. But if you pump mostly Petronas, getting the Ikhwan Petronas is a good idea since you get more points. Some Petronas stations used to accept Amex at the pump but now if they accept (not all do), must pay at counter.