i love too....but not qualified at the moment one fine day will upgrade to premier

This post has been edited by rickkywong: Nov 20 2010, 03:53 AM

Cash back only for retail transaction? I bought more online than retail.. haha

online transactions r regarded as retail transactions

i also enjoying my alliance standard debit mastercard.... 1% cash back on all point-of-sales transaction (capped at rm3000 per month for standard card)....

all i could say it quite reliable too...i'm using it since 2009....only once my transaction did not go through (do not honour)....i dont know why bcoz i've enough balance in my account... but for oversea transaction also very good.. i tried several time in europe & indonesia all very smooth.... but disadvantage for this card cannot perform online transaction...

btw, how much your initial deposit to get platinum card ? written in website minimum is rm20k... standard card design so ugly la...huhu....

Maybank Debit Visa can buy air ticket or not?

Can. But make sure you've registered for MSOS prior. If you have not, click this > Maybank MSOS. Follow the instructions.

thank you for sharing your experience with us, do we need to call the bank before we go overseas in order to use the card?

Requirement for the platinum debit card application:

1) For existing platinum credit card holder from any bank
- RM 250 initial deposit but without cheque book facility
- RM 1000 initial deposit with cheque book facility (cheque book is FREE for life but got half yearly charges RM15)

2) For normal new application:
- RM 20,000 initial deposit (cheque book facility is same as above)

P/S: Must decide whether do you need the cheque book facility upon opening account as it cannot be change later.

This post has been edited by rickkywong: Nov 21 2010, 10:28 PM

It's a question we face daily that still leaves most of us mystified: "Debit or credit?" Here, courtesy of Consumer Reports' Money Advisor, are seven reasons to opt for credit:

Credit costs you less. Some banks charge customers for so-called in-store "PIN-based" debit-card transactions. Fees range from 25 cents to $1, depending on the bank, Money Advisor reports. By choosing a "signature-based" transaction, you sidestep these fees.

Credit won't result in a hold on your account. When you use a debit card to reserve a hotel, rent a car or even fill up your tank, vendors sometimes put a "block" on your checking account until the transaction is processed -- and the amount of the block can significantly exceed the purchase price. Using your debit card to buy $25 worth of gas, for instance, may result in $100 of the money in your account being "blocked." If you're running a low balance, this can result in punishing overdraft charges.

Credit gives you an out. Using a traditional credit card makes it easier to reverse the charges if you get into a dispute with a merchant or vendor.

Credit shields you from liability. If someone gets hold of your credit card and wracks up a laundry list of charges, you're typically responsible for only $50 worth of fraudulent charges. If you're unfortunate enough to have your debit card stolen, you may be liable for as much as $500 in unauthorized purchases, unless you report the theft within two business days.

Above not really applicable to us. For CC, max liability is RM250 in the even of fraudulent charges. Debit Card I got no idea.

Also there are no charges for using debit cards for transactionsin Malaysia but in some cases the card actually gives you cash rebate.

just a question here.. if i want to apply for PBB debit card, do i need to open new account at PBB? and if i swipe at any merchant, do they apply extra charge?

thanks..

yes, you need to open new account with PBB in order to have the debit card.
some merchant still charge additional surcharge (normally 2%) just like the credit card as the merchant need to cover their fees.
check with the merchant before make any payment.

This post has been edited by rickkywong: Nov 22 2010, 10:52 PM

thanks mate.. really helpful.. and what is the minimum amount deposit for opening new account at PBB?

RM250. And RM1 must be maintained inside the account at all times.

No, you do not need to open an account with PBB. Three of my children now have PBB Electron card and non of them have any banking account i.e. savings account with PBB. As for Electron card, you will get a monthly statement.

As for swipping at merchants, some do impose surcharge especially "smaller" merchants but generally no.

This post has been edited by Gen-X: Nov 22 2010, 11:41 PM

so, we only will pay the amount based on the monthly statement? or must have balance on our debit card acc?

This is a debit card. Therefore you must have sufficient balance before a payment can be authorized.

As for the Electron Card, you have to deposit money into the account (if the card is not linked to savings account) once you get the card and you can swipe or withdraw cash from it anytime after that but you got to maintain minimum RM12. The monthly statement shows your opening balance, transactions and closing balance for the month.

This post has been edited by Gen-X: Nov 23 2010, 12:07 AM

SC is which bank ??
which debit card hv the best rebate for petrol ?

This post has been edited by Dackson: Nov 23 2010, 10:54 AM

standard chartered, but i believed the 7% promo has expired