It's only the beginning. All cc call centres will be deluged with cancellation requests when approaching 1-1-10. Apparently not all the calls could be entertained.


Most banks would allow you to combine the points if they are under the same reward programme. I am not sure about HSBC but if you are holding conventional HSBC cc and HSBC Amanah cc respectively, it is confirmed that reward points from the these 2 cards can't be combined as they are different entities.


I am going to cancel my SCB VI soon. I don't find the benefits attractive to me, except the 5x choice points in overseas. With this, I think the CL of my SCB JustOne Titanium will be reduced significantly from X-digit to Y-digit.


A cc is only considered cancelled when the card centre has officially terminated the cc.

It has been CONFIRMED that MBF is subsidising the RM50 service tax. It is being announced in MBF's website.

http://www.mbfcards.com/

Yes, I guess the RM50 service tax absorption is only for those opt for BT plan. They also impose stringent T&Cs in order to gain back from what they subsidise. What a cunning strategy!

No worries. I have never trusted and tried BT, PL, cash advance and easy payment scheme. There is no free lunch in this world.

On a different note, has anyone seen this declaration of service tax by UOB?
http://www1.uob.com.my/assets/pdf/faq/servtax_faq.pdf

This post has been edited by winner: Dec 2 2009, 04:47 PM

I suggest you try to apply through sales agents, as they are desperate and hungry for sales now. Also, they will go all out to ensure your application is approved so that they can get the commission.

You may try to go through a few more agents, especially those promoting in hypermarkets and shopping malls. Tell them frankly your requirements and problems. However, it can't help if your record is too bad.

ALL cards can be used in Singapore. You should look at those with lower admin charge for currency conversion.

Hey...some people already BC this bank and stop promoting it again. Btw, except 0% BT plan, I don't find anything SPECIAL about their CCs.

I guess you might have referred to the wrong posts. I was answering to a query about cc to be used in Singapore while you were mentioning about trying to get a CIMB cc for a forummer who was rejected by banks.

It would be better to get the official confirmation from the government directly.


I know the current 0% BT for 6 months is quite an interesting deal. However, BT plan is just not my cup of coffee as banks will normally charge a heavy penalty if you miss a single payment. Moreover, with the re-emergence of Dubai debt crisis, I dare not touch stock market now and I would rather invest in defensive investments like FD and property in Malaysia.


My JustOne cc reached the max rebate limit in 2 months so currently this card is temporarily not with me. And now, I have to use other rebate cards like Alliance and Amex Gold cc.

As for the concern over courier charges for CIMB/DA, I guess you will spend more (time, petrol, parking and car service) if you personally go to their HQ in Damansara Heights to collect the redemption items.


Take this opportunity to look at the beauty of other cards.

Yes, if you have a driver then it is not an issue at all.


Use office computer to participate in forum too?!


The tension is getting intensified as more and more people are cancelling their cards. One has to make sure that the card is officially cancelled as banks can always argue that they have never received your instruction for card cancellation.

You do nothing wrong. But I surf the net and forum using my mobile phone.


The best solution is to get a letter of confirmation of card cancellation from the respective bank. From my experience, CIMB, HLB and Alliance can provide the letter but Citibank refused to reply in B&W.


At times, parking lot designated for PB customers could be full.

It has NOT been OFFICIALLY confirmed by the government yet.

Perhaps it is their strategy to delay and prolong card cancellation process.


I did see the newspaper advertisement. The promotion is limited to specific days and even particular hours within the specific days.

Most banks require a cooling-off period before you can reapply for cc from them.


If your monthly expense is RM1000, both cards will give you more or less the same rebate. For instance, if you use Alliance Younique for spending of RM1000 per month, you will receive a rebate of RM6 which is 0.6% in proportion to the tier rebate rates. If you add the reward points from Alliance which is equivalent to about 0.42%, the total rebate for the RM1000 spent is 1.02% and is similar to the 1% rebate offered by HLB Essential. However, only transaction costing more than RM50 will be entitled to the 1% rebate from HLB Essential, whereas you can get rebate for any amount spent from Alliance Younique. Meanwhile, HLB's CS officers are somehow more responsive and experienced than Alliance's staff.


It is the second week of December already and it looks like banks are waiting for each other to take action. I have to cut 2 cards by end of this week.

HLB may have already removed the minimum amount requirement, but petrol purchases are still not included. Also, your total monthly expenses (excluding petrol purchases) must be more than RM100 in order to be eligible for the cash back.


You will not be granted access to Maybank Private Banking Centre.


Banks will still evaluate his credit exposure and risk.


I have just done some banking transactions in a small Maybank branch at PJ. I saw a CS officer processing a stack of card cancellation forms with Maybank CCs attached. I noticed Amex cards too, including Amex Gold CCs and Amex Plat charge cards. The officer revealed that most probably the bank won't absorb the service tax and she has been receiving more than 20 card cancellation request forms per day since late last month.

Just stick to the card you applied for. To be frank, both CCs are not so great in terms of benefits given. If you have already got MC, then you should get a VISA, and vice versa.


You can personally link your cc to Alliance online banking. However, it won't take effect immediately.


You can write your full name as per IC, or follow the instruction at the back of your cc statement.

I don't think it is a big deal. In fact, it shows which cards are popular and well received.

It is interesting to know which cards and banks would lose market share because of service tax. Unless you live in your own little world only, then it is not really big deal to you baby.


No one can give confirmation on this, except the GOVERNMENT.


No surprise. Yesterday I went to a Maybank branch and I saw a CS officer who was trying to key in the details of card cancellation forms into her computer system. The first form I noticed was dated "26-11-09".


Some banks are too ego to admit weaknesses. They just want to create a feel-good factor to lure customers. Customers nowadays are immune to this kind of news.


You may try to call their Platinum hotline.


Some other banks also give confirmation letters, such as HLB, CIMB and Alliance based on my personal experience.

If it is a personal email, I think he/she is only a sales representative/consultant engaged by the bank and hence not an employee of the bank. Why don't you complain about this agent to the bank?