opps. dint read the fine print.. the membership cost rm195 per year for citibank platinum

Citibank Cash Back Platinum Credit Card Terms and Conditions



1.  The following terms and conditions are applicable to all cash rebates awarded under the Citibank Cash Back Platinum credit card issued by Citibank Berhad ("Citibank") to Citibank Cash Back Platinum cardmembers ("Cardmembers"):
[Note: For the avoidance of doubt, Cardmembers mean both principal and supplementary cardmembers.]
  
(a)  5% cash rebate on all spending on petrol;
[Note: Cash rebates for petrol are capped at RM30 per month.]
(b)  2% cash rebate on all spending in Guardian and Watson pharmacies;
©  2% cash rebate on all spending on groceries at Carrefour, Tesco, Cold Storage and Giant only;
(d)  a)2% cash rebate on all payments made via Citibank Online or through Citibank’s One Bill system for DiGi, Maxis and Celcom bills only;
(e)  0.3% cash rebate on all other spending.

That's one good all rounder credit card. I think better than Amex Gold Credit Card liao. Amex actually not very limited merchant base.

Of course, if you're above the income requirement

opps. dint read the fine print.. the membership cost rm195 per year for citibank platinum

Of course is Option A and that goes without saying.

thanks for the tips.

any chance i can nego with my bank regarding some waive / discounts for full settlement ?

Hi... Need some opinion here..

I have aCitibank Gold Card user with total amount of 13000. Monthly interest is 13.5 % p.a

Lets say i want to settle the total 13000 with the option below:

Option A:

Just Pay the 13000 to the CT card and clear all the balance. Is there any fee waive / discounts for lum sum settlement ?

Option B:

Apply for a HSBC credit card and  Then do a Balance Transfer from CT to HSBC under this program, transferring 10 K. The balance at CT 3k pay cash.

so, the 10k i transfer will b charged 5.99% p.a and i intend to lum sum settle it within 12 months or straight away settle.

Which is more untung for me in terms of $ that i can save in this process ? Option A or Option B ?

thanks in advance ya...

Option A: No interest charge since full settlement on amount owe.
Option B: You have to pay RM599 INTEREST for 12 months installments. How much can you get with that RM10k in hand initially (assuming you have it since you saying you are about to settle immediately) while paying RM833.33 every month.

There is no WAY for you to UNTUNG here (come on, what kind of untung you expected when you owing bank??)

Option A: No interest charge since full settlement on amount owe.
Option B: You have to pay RM599 INTEREST for 12 months installments. How much can you get with that RM10k in hand initially (assuming you have it since you saying you are about to settle immediately) while paying RM833.33 every month.

There is no WAY for you to UNTUNG here (come on, what kind of untung you expected when you owing bank??)

He wants to find a way which will incur less interest

I tested charging a small amount on my SCB JustOne cc on Friday. And yes, SCB has reset the cash back and that transaction earned 5% cash back when I check my account online.

update:
i have 3 transactions since 1st July
2 transactions (one online bill payment and one swipe at counter) have rebates but one - petrol does not show any rebates, hopefully it's not posted yet

will update again