Quite ironic ... a couple of posts ago I said CL requirement too low people complain no class. Too high also people complain coz cannot apply the card. Sigh

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Added on June 24, 2010, 6:46 pmActually it depends on the bank.
Some banks policy is to release the CL back and some withheld it until you completely pay.

My advise if you could not recover the CL until you finish paying to take it as a sign not to increase debt. (It is a good thing also) I don't understand why people making a fuss about this question coz it has been asked many times.

This post has been edited by hye: Jun 24 2010, 06:46 PM

My goodness ... can you not suggest this!
Yourself is a card holder, did you bother to read the T&C? If you did, probably you are aware of the possible consequences.

The better way to phrase it as not to confuse anyone ...
"MBB Credit Card require 30k income per annum which mean 2.5k income per month". (key word here is income)

Your savings is certainly not monthly or annual income and would not be factored in the calculations.

Do understand GST need to pay gov. If consumers refuse to pay then who you think is paying ? It is the bank. Bank has to get back the RM50 somehow la ... so they assume customers will use their cards. And like any other commercial entity ... they need to recover this somehow. I am quite upset that many come in here and ask how to cancel this charge ... if you really hate this charge then don't use credit card. Gov will definitely not get any money from you. But let's be practical living in the new age - if you want it then be prepared to pay for it. Freebies means something is being compromised or someone else is paying for you.

No other bank want to follow UOB coz they practice better risk management policy to protect themselves from risky customers. Just look @ the number of forummers here who say they need to do BT or have huge cc debts. Part of the cause is high CL and don't know how to control spending habits.

Other banks don't want to follow UOB fine and they are smart not to be taken in by your friend's threat to cancel tactic.

Sigh ...

Do consider that a lot of people read this thread to get information. It doesn't help many post all sort of confusing statements which is not very accurate. Post something which is based on fact ... not heresay or you assume it is correct. Be responsible for the information that you post coz this involves personal finance.

It is not funny anymore if someone get burned by reading the wrong info here.

Credit limit increase are normally approved by another department. CS/Agent do not have the authority to approve this request.
Even if you call Citibank it is the same thing (Despite them advertising this feature openly). Request and approval for temporary CL is done by different department + bear in mind temporary CL only last for 30 days.

You need to pay off the excess CL used in your next bill + 5% of what you original CL. If you don't do this means you defaulted on your payment. Aha ... not so simple after all right ? There's a reason banks often deny this CL increase coz customers may not understand this part.

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Added on June 26, 2010, 4:10 pmI didn't get any letter about this. SCB replied my email saying they will reset the rebate on 1st July. Guess we will know it later whether rebate system still exist or not.


This post has been edited by hye: Jun 26 2010, 04:10 PM

Fastest would be 1 business day. Reasonable time would be 2-3 working days.
Bro, today is Saturday. Means, if you are very lucky ... Monday evening. Otherwise Tuesday or Wednesday. Worst you don't get it.

I suggest you don't hope for it. Even myself have very low success rate with this facility.
Don't get angry ... actually you shouldn't have even factored in this facility.

Yes ... that's the minimum payment. (Assuming you use all the way to 4K) Still want to use temp CL increase ?
BTW ... this is the same across all banks.

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Added on June 26, 2010, 9:59 pmGot nothing to do with Petronas. (Don't confuse people with incorrect info) Just something wrong with the terminal and station lazy to check it out and just give this lame excuse. If the same situation happen to let's say in a department store (e.g Isetan) - then Petronas don't allow card to be used @ department store ? (Can use only @ petrol pump) Unlikely right ....

This post has been edited by hye: Jun 26 2010, 10:02 PM

From my perspective, banks can do whatever they want - customers just need to be alert to this and react accordingly.
JustOne technically does not exist anymore in SCB's active line - well at least they no longer issue this card to new applicants. Probably this is the only card in Malaysia which has seen less than 6 months for public application and then close.

Allow me to put forward this question ... appearance is more important than functionality ?
If appearance is your choice then Clear card would be best suited for you.

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Added on June 27, 2010, 9:41 pmNever mind ... it appears the appearance of the card matters to this guy. Different people have different preferences.

This post has been edited by hye: Jun 27 2010, 09:41 PM

Noob ? You must be kidding us if you are applying for the CIMB VI and WMC.
Duration of application approval depends on your luck and you'll know whether you are successful within 1 week. You need to call bank to check on this but please don't do it earlier than 1 week after you submit to the bank. (Not agent ah ... agent then plus 1 week more) Card will be sent to your mailing address (whatever it is that you wrote on yr application form) ... what are you thinking ? You should have used an address which you want to receive the card. Good luck!

No ... nowhere would you see this.
whatsayyou don't be lazy, no excuses please. Read the posts we put in here. Those are good efforts on their own.

Full Payment Due ... that's what immediate need to be cleared with the bank. (Countercheck ... your 5% is about RM92 only. 100% should be about RM1800. Matches your Outstanding amount right ?)

Outstanding Statement Balance is your dues from previous months ... easy did you always pay in full or there's are months you only pay a portion of the amount ?

I week is not slow yet. I once applied for RHB and it took 2 months for the application to appear. I don't bother touching cards from this bank anymore.

Starts from RM30K upwards. Let's not debate why it starts so low.

You better get new friends. All cc can be used overseas as long as they carry VISA, MASTERCARD or AMEX logo.

Please ... just cancel the card. I really can't understand why you die die want to keep the card but yet want it to be free. If the bank don't want to give it to you then just cancel it! Don't take me wrongly but cc products come and go and there are even better cc products today which give better rebates than your Shell card.

This post has been edited by hye: Jun 30 2010, 10:30 PM

This is the first time I am hearing that our 7-11 accept credit card. If it is really true then good news!

Incorrect. The business owner will need to pay between 2%-3% for whatver amount that is charged using credit card. And there is also the terminal rental charges.

Where did you hear all this weird info bro ?

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Added on June 30, 2010, 10:36 pmI am sure you are not new to cc promotions right ? I am sure by now you will know that not all promotions will be published in the website.
What is important is that the agent is able to show B&W of the promo ... and not just using their mouth. This reduces the probability of a false promo.

And EON Bank ... didn't you got so excited about this bank in the beginning coz you like the card so much ? Now changed your mind ?

This post has been edited by hye: Jun 30 2010, 10:37 PM

1st question ... which website are you buying things from ? This is an important question but we don't need to know what are you buying.
2nd ... not all website will ask for MSOS.
3rd ... 99% of website will ask for your CVV. Even though you are MSOS or equivalent. MSOS provides an additional layer of security but it is not meant to replace CVV.