I have DA Master, what is the impact of the soon to be announced petrol price hike and subsidy system on the rebate offer?

Direct Access used to be the Private Banking brand for Southern Bank.

When CIMB 'makan' Southern Bank, Direct Access lived on but now under CIMB.

DA is Mastercard specialist, there is a DA Visa but less benefits compared to Master.

DA Master has 2% rebate at all petrol stations, has discounts/rebates at major shops like Isetan/Tesco/Giant if you buy during weekends, has 0% balance transfer for 6 months, etc. etc.

If you want to apply for Mastercard, DA is the best Mastercard version IMO.

For Visa, try something else (Maybank, Citibank etc.).

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Added on February 11, 2010, 10:45 amCIMB/DA sent a flyer saying that to avoid paying the RM50 tax by cancelling a card, the termination letter must be received 2 months before date of anniversary.

Any other bank mention this?

I already have 1 Master and 2 Visas from 3 different banks each, so was thinking of cancelling 1 Visa from one of the banks. So only left 1 Master and 1 Visa from 2 different banks.

The Visa I want to cancel is from maybank. I have cancelled a Mastercard from Maybank years ago by going to the counter, but I don't remember if it is immediate or have waiting period.

Does maybank require the 2 months time before they totally cancel the account? The Visa account is unused since December 2009 and no outstanding balance already.

Anyone know?



This post has been edited by Faidzal: Feb 11 2010, 10:45 AM

Yes, CIMB/DA 2% rebate for petrol is extended until 31 December 2010.

But the 5% rebate on 1st of every month no longer valid except if you use CIMB Petronas Card.

CIMB/DA has quite a lot of rebate programs right now.

But yeah, someone just mentioned SCB's JustOne, too bad it's no longer in the market. Those who applied before are lucky....