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 - swipe 12 times for each card or if have both MC and Visa swipe 6 times for each 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. This card no longer issued.
(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
American Express Gold CC
MBB Petronas

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 & charged card including Platinum generally offer 2X MR/TP at ALL petrol stations that accept AMEX. Only AMEX GOLD credit card offers 5X MR.

4. Standard financial charge (interest rate)

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) HLB Smart Link Account - Complimentary Hong Leong Gold Credit Card* Enjoy zero annual fee for life when you maintain a monthly average balance of only RM500 in your Hong Leong SmartLink Account.
*Valid for principal accountholder only. Subject to eligibility and the bank's final credit evaluation.
http://www.hlb.com.my/pfs/dep/depsmacc.jsp?flag=depsmacc

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.

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.

C - Ikhwan AMEX (upgraded feature)

5x TP on petrols.
2x on other retail swipes.

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

Alliance - Nil as of 18 Dec 2009 and get 2X reward points.

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), CIMB, SCB, HLB, RHB, Alliance

Mastercard Securecode ---> http://www.mastercard.com/au/personal/en/c...code/index.html
Participating banks: EON, MBF , HSBC, PB, MBB (MSOS), CIMB, SCB, HLB, RHB, Alliance 

11. Balance Transfer: http://forum.lowyat.net/topic/1123346

12. RM50 Government Service Tax

1. MBB: 10000 TP for RM50; 5000 TP for RM25
2. As of 18 Dec 2009 according to tgeoklin, banks willing to waive RM50 UOB, SCB and HSBC on case to case basis.
3. As of 18 Dec 2009, what I was told - UOB gives Smart$ Points RM50 if accept their promotion (a) swipe 3 times above RM100 within 14 days or (b) do Balance Transfer or © activate 2 or more auto debit account. For my Visa I went with (a).
4. I cancelled my UOB Plat Mastercard card and was offered the RM50 tax if sign up for 2 auto debit account which I declined. tgeoklin on the other hand was offered the RM50 tax waiver for his UOB Plat CC with CL RM1K

Comparison chart by The Star Online:


13. Previous versions

Credit Card V2 Thread: http://forum.lowyat.net/topic/594906
Credit Card V3 Thread: http://forum.lowyat.net/topic/691229
Credit Card V4 Thread: http://forum.lowyat.net/topic/741933
Credit Card V5 Thread: http://forum.lowyat.net/topic/842676
Credit Card V6 Thread: http://forum.lowyat.net/topic/953666
Credit Card V7 Thread: http://forum.lowyat.net/topic/1069190
Credit Card V8 Thread: http://forum.lowyat.net/topic/1250745

14. 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/
CCRIS report - go to Bank Negara yourself and use self-service terminal to get report with MyKard (you need to go as need thumb print).
CTOS: http://www.ctos.com.my/
BRIS: http://bris.com.my/index.html

15. FMB - Financial Mediation Bureau
http://www.fmb.org.my/index.htm

16. 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

17. Other Links By Users
Quite informative blog with links provided by Gen-X:
http://creditcardsmalaysia.blogspot.com/20...rds-cc-101.html

erm eh what happen to the credit card cancellation template here??

Bro, we have the same combo. Ikhwan AMEX and Ikhwan Visa Petronas. I am quite reluctant to let go the Ikhwan AMEX, but Najis punya pasal, I'll let it go before the anniversary, next July. Was really hoping that they will only charge the tax on a per account basis. Since cards from the same bank usually share the same CL. I'll have till July to wait.

just cancelled 2 of my DA cards. i find them dem efficient.

called at 3.56pm just now. CS picked up in less than 5 mins.
another 5 mins for verification and stuffs and it was done 

guess that DA's CS are bored with last minute mass cancellations 

Some statement for Direct Access credit card on service tax. Service tax only charge on card anniversary and it is charged per card (Master + Visa = RM100).

Can't attach PDF file now. Please refer http://www.directaccess.com.my/index.php?r...gst&tpt=cimb_da

They are having the same CL?

I think the CL increase is based on spending pattern & repayment bahaviour. I had never request any CL increase since day 1 collected the CTB classic card. Thru the past 12 years, the initial CL RM4k was auto increased multiple times till current RM30k.

For MBB TP, can redeem RM100 Jusco voucher with 16,700 points only at MBB centre at 1U.

If submit through normal procedure, then I remember is about RM100 = 21k TP

Anyone know whether maybank have the ability to convert payment into flexi payment like citibank? how much is the interest and duration available?

why i don't get the card?
anyway..credit limit being increase double last week.
think to cut also..

whats Form J/EA? i saw this in the document required to apply HSBC credit card. Must i have this if i want to apply cc from HSBC?

amex, visa, master. which should i keep? hard decision bcoz of stupid tax!!