As long as you have RM200 in your account, then you can swap at the pump, if not then swap inside the counter.

I stand corrected.

but there is term and condition for applying that platinum debit card if i'm not mistaken

Indeed there is.

Platinum debit Mastercard
- RM20,000 of deposit
- 1.50% rebate
- Rebate applicable only for spending up to RM6,000/month

Premier debit Mastercard
- RM200,000 of deposit (Privilege Banking customer)
- 2% rebate
- Rebate applicable only for spending up to RM9,000/month

This card is already in the market far longer than most other debit cards but somehow it is not very popular with Malaysians.

It is out of this world.
If you have 20K would you keep it inside a bank?

And need to spend 6K monthly to get rebate.
This is only for the rich people. But then again, the rich doesn't need these rebate anyway.

Yea why would I wanna park RM20k at 1.0% to get 1.5% rebate that I'll only get if I spend RM6k and above -.-

I've been paying stuff with my cherry card and so far so good. I'm impressed

Miles, some correction to your statement.

Platinum debit Mastercard
- RM20,000 of deposit or you have platinum credit card from other bank.
- 1.50% rebate
- Rebate applicable only for spending up to RM6,000/month. This in not true.

LOL ! Many would ... at least i know many rich people do



You guys might want to re-read my previous post. I said the rebate is only applicable up to RMxxx spent in a month. For the Platinum debit Mastercard, it means only RM1 - RM6000 spent in a month will be entitled for the 1.5% rebate. Any amount spent above RM6000 in month won't get any rebate. The rule is almost the same as their credit card.

By the way, for the regular debit Mastercard that gives out only 1%. You do not need RM20,000 of deposit. I am not sure of the minimum balance must be kept inside the account at all time but i am sure it's between RM1 - RM20 only. Rebate for their regular debit Mastercard is capped at only RM3,000/month though.


Reward system is bizarre, though. Cash rebate is like what ? 0.16% compared to Alliance Bank's minimum 1% ?


I didn't know this. Anyway, i copied all the information from their website.


I believe it is true as i copied it from Alliancebank.com.my. Spending up to RM6,000/month means only the first RM6,000 spent in a month will get the rebate, similar to their credit card rebate system. And it is usually written like this in all other American websites. Why would you guys think i was saying only monthly spend more than RMxxx will get the rebate is just beyond me.

@MilesAndMore
Ah.. now I understand That makes more sense.
Need to maintain the RM20000 deposit also right else kena fine?

Sorry. Not too sure about that but i guess yes, there will be some sort of penalty. But for the regular debit Mastercard which gives 1% rebate, you just need to keep RM1 - RM20 (pretty sure it can't be any higher than RM20) inside the account at all time

I've got my debit platinum card this way. Just show them my platinum credit card.

Sorry about RM6k limit. I reading it wrongly.

No penalty. It is not privilege account. I own Alliance Premier Debit MC under Privilege Banking and there is penalty for this account if the monthly balance falls below the minimum requirement.

This post has been edited by winner: Apr 12 2010, 09:35 PM

today went to Jusco, and try to use my RHB debit card and the transaction is rejected

Last time i used mine at Jusco (MasterCard Cash Connect), cashier dun want to accept it.

he accept it and insert in to the machine, but the machine rejected
i guess i'll just stick debit card for my petrol expenses only

just wan to confirm with u guys, if i use maybank visa debit card to purchase items from online shop which uses foreign currency, which conversion rate will it use? the bank current conversion rate? or the online shop own conversion rate?

It will be based on VISA International exchange rate.

o ok, thanks... first time using it, this maybank debit card can be use at anywhere with the visa sign right?

The Public Bank D2D Card, I can use it like a credit card right?

I read about something along 'Verified by Visa', what's that? Do I have to activate that in order to use my card like a credit card to make online purchases?

This post has been edited by ace.princess: Apr 19 2010, 04:49 PM

Yes.



The catch is that you must have money inside the card in order for the payment to go through. With credit card, the bank will pay on its credit card users behalf first. Other than that, yes. It works just like a credit card.


It's like secondary protection to prevent unauthorized online use. You will have to activate it if the sites you are going to buy something from require Verified by VISA password. Otherwise no.