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. China Union Pay(中国银联)
7. 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
Credit Card V7 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

actually the scb justone will be relaunch but dunno when

actually the scb justone will be relaunch but dunno when

Luckily I got mine earlier. 

Now still can apply JustOne sub card for my family member? To get more rebate. hehe.

oh ya the free travel insurance coverage etc doesn't apply to scb justone

Guys, how does the Alliance Bank Younique card rebate system works ? How much is the cap ? It was mentioned before but i didn't really pay attention to it as i wasn't interested in Alliance Bank credit card then    All information about the system i found in their website is about their regular credit card only.

Guys, how does the Alliance Bank Younique card rebate system works ? How much is the cap ? It was mentioned before but i didn't really pay attention to it as i wasn't interested in Alliance Bank credit card then    All information about the system i found in their website is about their regular credit card only.

Luckily I got mine earlier. 

Now still can apply JustOne sub card for my family member? To get more rebate. hehe.

The rebate is based on tiered system as follows:
RM500 or less - 0.5% ===> 2.50
RM501 to RM1350 - 0.7% ===> 5.95
RM1351 to RM2550 - 0.9% ===> 10.80
RM2551 to RM5000 - 2.0% ===> 49.00

I made 2-3 times called to their CS. All the times the CS told me that the maximum rebate of RM600 per year is shared between principle and supplementary card holder.

I think the CS also dunno about the rebate, for instance-my case, my principal hav 'utilize' around 480 of rebate, but surprisingly my sup card had exceed the 600 mark, up to 11/9, it's already reach 634 of rebate..? dunno whether the stop the card because of this problem in their system?? any1 else experience this?

from wat i noe from the cs is tht just1 principal n supp is shared credit n rebate ...

These few days when I login to view my JustOne statements, there seems to be a problem.  A lot of entries are duplicated, making it difficult to track the items.  1 purchase can be listed 5 times 

Hi guys, got a question.
Can I cancel my cc even if I have some outstanding payment, say like ez payment?

maybe the mod forgot

Hi guys, got a question.
Can I cancel my cc even if I have some outstanding payment, say like ez payment?

yes you could, they would disable your card and the statements would continue to come until you finish paying it completely.

2 cents

Thanks man.
Thinking of getting rid of citibank card. Now will be looking for some other card as my spare.

But I got the info from SCB CS twice that main card and supp card have a max rebate per annum of RM600 EACH.

Curious about the reason behind on getting rid of ur CT card? 

confirm onot??? if like this good la    any1 noe scb better cs to confirm ... those answering call usually not sure bout this cc 

TM autopay processer is MBF?

I got a letter from MBF.

Well, main reason is I dont use it that much, my main card is maybank plat.
Second is sometimes they charge me to things like finance charge, which i dont know what is it for. And I also dont like calling them each time I need to waive my annual fees.

wat does credit limit mean?
i mean if i have a credit limit of 5k for one card, it is 5k per month, or max 5k only i can use for that card?

You can charge a maximum of RM5k only to the card.

If the technical issue is unsolved, reissue of this product will forever be postponed to an infinite date.
I also wish to apply for a supp card after my existing card reached the max rebate limit. However, the issuance of new Just1 card is suspended, including supplementary cards.
Yes, it is not advisable to use SCB Just1 to purchase air tickets. Sometimes the cc gives you lots of direct benefits, it would make adjustment and omit other things. For instance, Amex Gold cc gives 5x points for certain transactions, but it also does not provide travel insurance. 

i have made so many calls to the cs regarding my scb justone can't even change pin, check balance, withdraw so they say they send me a second justone card which keep on being retained in the atm when i do the same so now they send me a third justone card and i am crossing fingers that it work otherwise i have given up hope on this technical issue

so if im buying sth say rm6k with easy installment for 12 months, example rm500 to be paid per month, it means it will only charge rm500 credit per month (no other spend use) even i buy sth over my credit limit, right?

some banks auto increase your limit when u pay for the 12 months installment which includes the the total amount u would have to pay for the item so in your case your CL will go to 7k

I realize that many former in lowyat are holding citibank cc, i want to know what is the benefit with citibank cc compare with another bank cc?

I realize that many former in lowyat are holding citibank cc, i want to know what is the benefit with citibank cc compare with another bank cc?

You didnt pay full amount issit?
There was once where somehow I paid RM30 less than the full amount (not sure how). The next month I used about 5k and the latest rule is that when you got outstanding balance, they are going to charge 1.3% (cant remember exact figure) and end up my rebate for last month also not enough to cover this stupid finance charge. Finally call them up to explain it and got it waived after they found that I always pay full except for that particular month.

I realize that many former in lowyat are holding citibank cc, i want to know what is the benefit with citibank cc compare with another bank cc?

I dont think so. For me personally, I used my credit card a few times liao, and never once encounter any problem. I bought something at China airport few years ago with SBB mastercard, and they just called me to clarify instantly after the payment went through. Then I bought something in Thailand airport, and the same thing happen with another bank. I didnt even call to advise them Im travelling.

However, I do really prefer Citibank. Not only the rebate is good, I like how they handled internet transaction. Other banks that I tried always ask for verification like mother name, ic, birthdate. Some even need to create a pin. With Citibank card, all you need is the 3 digit CVV at the back of the card and it went through instantly.

Aiya, cannot apply sup card as well.  Thanks for the clarification.
What is the technical issue? So far no problem using the card, only have issue with one bank Credit card device, which no way to read the card.

I realize that many former in lowyat are holding citibank cc, i want to know what is the benefit with citibank cc compare with another bank cc?

A lot of customers complaint about transaction failure at several merchants and ATM machines. I reckon if SCB can forego DEBIT function for Just1 card, all these problems can be solved.
Citi cc promoters are very aggressive. Citi has the highest number of customers in cc segment in Malaysia. Their CS staff are experienced and well trained. Their cards are well recognised worldwide.

They try to lure customers in by giving new applicants freebies, regardless of whether the application is successful or not. However, after you are already in and become their cardholders, you will find the benefits offered are just so-so, except for discount at various mid to high-end F&B outlets.

Yes, i accidently pay late last time, because i was out of the office.
When I look at the statement, I can see there is late payment charge being put in. Fine. 3 days later there is finance charge pulak.
Well, Im too lazy too call them so im cancelling it.

yeah. although citibank only have few branches, it have the highest number of cardholder!

shame to local bank...

I think this is because citibank can be used on oversea transaction, and they always giving free gift for new approval. Last time got a promotion, use RM 799 to buy a laptop for newly approved citibank cc....

not only citibank la, but other cards too.

Citi cc promoters are very aggressive. Citi has the highest number of customers in cc segment in Malaysia. Their CS staff are experienced and well trained. Their cards are well recognised worldwide.

They try to lure customers in by giving new applicants freebies, regardless of whether the application is successful or not. However, after you are already in and become their cardholders, you will find the benefits offered are just so-so, except for discount at various mid to high-end F&B outlets.

I think this is because citibank can be used on oversea transaction,

Citi has the highest number of customers in cc segment in Malaysia.

However, after you are already in and become their cardholders, you will find the benefits offered are just so-so, except for discount at various mid to high-end F&B outlets.

yeah. although citibank only have few branches, it have the highest number of cardholder!

shame to local bank...

I think this is because citibank can be used on oversea transaction,

Then its not their problem wat....coz u never called them to vaive it..

I tried to ask Citibank to vaive late payment fee once, coz i didnt get the statement for the 1st time..The CS said will vaive it but next month statement comes again i didnt see them vaive it.

Where is HSBC? I once recalled a promoter told me in Midvalley that their HSBC is the highest number of users even more than Maybank LOL..i was amused by her statement...i was wondering i was already signing up card with her...do she need to make this statement LOL

Off course its not their problem. But again I dont want it to be my problem. There are plenty of card offers no annual fees without need to call them every time i want waiver.

Another question, I look at CIMB website, it says World Mastercard need 200K income per annum. But when I look at DA from CIMB, it says 180K. Are they 2 different card? I thought DA is from CIMB.

Wat card did u have again?

Different card carries different condition/function/watever....
Yes there area plenty of "free for life" cards, but all comes with condition like 12 usage/year minimum will be auto waived..

eg. for Citibank Clear card, its 1st year (or 2year) waiver free but after that will be charged annual fee, thats the condition and different with the other card from Citibank.
If u prefer auto waiver aka "free for life" then just change your card to the one that has that condition.

@MilesAndMore :Regarding MBB, I'm assuming that's relating to customer base and not in terms of usage?

MBB has been offering alot of free for life and pre approved cards, probably the reason why their customer base has increased tremendously. Also the fact that loadsa payrolls go into m2u, so ppl prefer the convenience of paying off their bills via m2u.

But really, in terms of usage, I wonder if their the top. I have a pre approved MBB Petronas Visa myself, I just took it cause it's free, but I've never used it. It's been in my drawer for quite some time now =p

But I do agree with you, in terms of privileges, CIMB has been pretty aggresive over the past year or so, which is a good thing for us XD
Citibank still does have pretty good privileges, and there're special ones each month which they update on their site, so it's still pretty good I reckon (though I don't use my Citi card much)

Yes, in terms of receivables, Citi is still at the top.

http://biz.thestar.com.my/news/story.asp?f...15&sec=business

Citi itself is already a "brand" and very well recognised, while HSBC is catching up. This round of global financial crisis has somehow reversely affected Citi's image.

Tell the promoter that HSBC has the lowest approval rate for credit card...

@MilesAndMore :Regarding MBB, I'm assuming that's relating to customer base and not in terms of usage?

Citi itself is already a "brand" and very well recognised, while HSBC is catching up. This round of global financial crisis has somehow reversely affected Citi's image.

Currently new to CC, which one should i apply? hmm..

use cash is the best.

use cash is the best.

If points which cc should i take seriously?
And also recommend cc for cash rebate too..
Thanks!

If points which cc should i take seriously?
And also recommend cc for cash rebate too..
Thanks!

Currently new to CC, which one should i apply? hmm..

use cash is the best.

Currently new to CC, which one should i apply? hmm..

U can try this, AMEX Gold cc, it can get 5x point for groceries and petrol, 2x point for others, free for life, and if u dont want the point, u can use the point to make cash rebate.

UOB used to be good but now it's getting worst .... the only good thing is they call u to verify the online transactions but now they slowly push forward the payment due date each date for each month without u realizing and u would get the late payment/finance charges however u can still call them to waive it ... i did try to call them to push back the dates however they say they can't .... so they can move forward automatically but can't push it backwards ? last time u just have to call one time to get the waivers for anything but now u have to call few times as they reply is there is no logs or application that you have called to waive it .... come on i even take down the names of the cs person and u still say i cannot ask about that person and the waiver don't exist ? damn stupid

---

Added on September 18, 2009, 7:25 pm
no idea wat u talking about....

AMEX Gold lesser chance to get waiver fee, futhermore not make place accept Amex card.

What are you talking about ? AMEX Gold credit card is free for life, just like CIMB Mastercard. With absolute no minimum swipe.

dont know where should i post this but i think ppl in think post have more experience and opinions regarding credit card. the agents or company that help to apply credit card are belivable?

Not too sure. I know some are believable. Any chance why you could fill us in on why u wanna apply through an agent,instead of going straight to the bank?

i guess not every one is free to go straight to the bank, and as i know, agent can apply it faster

UOB used to be good but now it's getting worst .... the only good thing is they call u to verify the online transactions but now they slowly push forward the payment due date each date for each month without u realizing and u would get the late payment/finance charges however u can still call them to waive it ... i did try to call them to push back the dates however they say they can't .... so they can move forward automatically but can't push it backwards ? last time u just have to call one time to get the waivers for anything but now u have to call few times as they reply is there is no logs or application that you have called to waive it .... come on i even take down the names of the cs person and u still say i cannot ask about that person and the waiver don't exist ? damn stupid

He's most likely referring to the charge card, but it is free for first 3 years, not that short period of time.

AMEX Gold lesser chance to get waiver fee, futhermore not make place accept Amex card.

U can get CIMB (really free annual fee without swipe), or i prefer Maybank coz easier to maintain since i got saving account...

just wan to ask

is direct access cards same with cimb bank cards especially when applying for 0% installment

some stores only accept cimb bank and i hav direct access cards so just wondering if it can be used.

thanks

just wan to ask

is direct access cards same with cimb bank cards especially when applying for 0% installment

some stores only accept cimb bank and i hav direct access cards so just wondering if it can be used.

thanks

direct access=CIMB, like AMEX=Maybank 

Conclusion - MBB Petronas Card Lowest Fees for Overseas Transactions. But Alliance have 2X rewards points and cash back.

My CCs were just being fraud 3 days ago to make a total of 5 payments to Astro with a total amount of RM1000. Happened to 2 different CCs one had 3 transactions for maybank CC and another one had 2 for public bank CC so its just a reminder for everyone to make sure the safety of their CCs.

Please keep yourself updated with the transactions going on your Credit Card frequently so you can inform the bank immediately if there is any suspicious transactions.

I wonder why that person only fraud to make payments for Astro though and it happened to 2 different CCs on the same day. My cards have always been safe with me.