By any chance other banks are offering you similar CL?

I called DA CS to check the status of my card.

They said that they're in the midst of transferring my DA Gold points to DA Platinum.

Put it this way, I had not applied for a card in ages. Thus I cannot know if they would offer me such a limit should I apply for their card. But from my understanding of how banks work, if you have say a RM1M deposit with them, chances are good that you will be granted a minimum of RM300K CL. The highest CL I ever came across was RM1M for a big time tycoon back once upon a time

I see, meaning in this case you don't apply using income documents but use your deposit strength in the bank is it?

1M for the tycoon? Wow. what bank is that?

Yes, you are right. I had never applied for a card based on income. All my cards were preapproved by the banks and its been very hard to reject due to relationship issues. Thus I am taking this govt initiative to cut myself some slack. Plus I am getting old and travelling so much lesser, thus cards are no longer that essential to me. As to the bank concern, its none other than the biggest bank in M'sia

Sean, you mentioned can be manually top up is for which bank TnG card? Mine Maybank justnow wanna manually top up at Sg Rasau toll office ,the female assistance told me can't yop up manually for zing card. I'm confused now.

I think Sean meant the normal Touch n Go card, where he topup using CREDIT CARD at the places he mention with no charge at all, guess he is not talking on Zing Card

Ok

helo all,

i plan to cancel my citibank CC... and my anniversary date is on Feb.

want to ask, how long the points redemption will take? now is already 14 Jan. Do ur thinks i got enough time to redeem point n cancel the card?

Wow ! So the credit limit can really be as high as RM1 Million


I believe those foreign banks have many such customers with such high credit line for their credit cards too especially Citibank, HSBC and Standard Chartered.

not sure about citibank, but maybank allows points redemption to be made first followed by terminating the card on the same day.

This post has been edited by elru: Jan 14 2010, 08:54 PM

yah, redeem it now as you still have a month.

The fastest way to utilise the points are: treat all of us at Coffee Bean and use the points as instant redemption who agree with me ? say Yay!

180 points = RM1

Don't lah bully that guy. Well for Citibank it can be quite fast, just give them a call tonight or tomorrow morning and it'll be sorted out. And once they have already deducted your points (which will happen before you get the item), it's about safe to close the card.

I agree Last month wanted to cancel my Citibank and had some point there so when to coffee bean to finish up the points. But since the government tax won't be applicable to my Citibank until December this year, keeping the card for now.

Wahh zero income still can buy 2nd property

Stilll toying whether to cancel DA or not since it has the highest credit limit. Too bad I have two other cards tied up with easy payment

Citibank trying to manage their churn with the credit card service appreciation ads these days.... anyone agree with the ads?

This post has been edited by zenquix: Jan 14 2010, 09:03 PM

enough time... it takes 1 week

kanethesun, ur guess is right
eddievh, what i'd done is topping up non zing Tn
G manually:)

My question is what is the benefit of having zing card compared to tng? There are a fee to pay (RM2) and limited reload option. For me, I really dun see any benefit to apply for.

Can advise your experience?

You save the effort of not having to make that trip for the TnG reload, that's all. Even in Singapore auto reload of the TnG equivalent is not free. For me I'm against the idea of not having access to the last RM50 of your value as the card reloads itself by then and the RM2 fee.

The fact that Rangkaian Segar keeps the money until we use the card and they make money everytime we use the card makes me upset. In Singapore, the MRT fare is cheaper if you use the card vs single fare tickets. In Hong Kong (Card is called Octopus), you don't pay extra when using the card unlike here 10% extra when used for parking. Over here ... the only benefit is convenience and being able to zoom (sometimes makes no difference) through the TnG or SmartTag lanes.

OK now ... already OT already, back to credit card. If you ask me ... don't take the card at all and be a smart consumer. That way banks and TnG will be more careful if their products are not well accepted (or worst boycotted) by consumers. Problem is that Malaysian consumers are weak but thank god I think a lot of people cancel their credit cards till banks like CIMB have no choice but to aggresively retain their consumers through 'carrots'

This post has been edited by hye: Jan 14 2010, 10:11 PM