Need to have HSBC Advance account to apply for this card. You'll also need to provide a proof of income to get it. The minimum salary required is RM60,000, if my memory serves me correctly.

But this account management fee will be waived provided you have RM20,000 of deposit with them. The RM20,000 could be in time deposit, your Advance Checking Account or any other investments under HSBC Malaysia. Good thing about their Advance Checking Account is that there is no minimum balance to be maintained inside the checking account to avoid the account management fee unlike Maybank's, CIMB Bank's and Public Bank's etc.


There were two types of PowerVantage Account previously. One is the E-Chequeing (RM5/mth) and the other is Full Checking Facility (RM15/mth). The E-Chequeing is very much like the newly introduced Advance account and you need to maintain only RM20,000 of deposit at HSBC to get the RM5 account management fee waived whereas you need to maintain RM60,000 of deposit for the Full Checking Facility to get the fee waived. However, since all existing PowerVantage accounts have all been converted into this Advance Account. The minimum balance to avoid fee is now the same for all account holders which is RM20,000.


They made it very clear to me that they are not going to give us any free reward points to help to redeem for the credit card tax



If i'm not mistaken, there is a cap for how many 2x Points you can get. Do check it out.


LOL ! You should have borrowed their internet and do them a favor by printing out the application form from their own website. Anyway, this isn't too good for the bank's image at all.

This post has been edited by MilesAndMore: Aug 24 2010, 12:54 PM

They do not ship outside of Singapore whilst the one in USA is contracted with AT&T.

Not too sure but shouldn't be a problem if the shipping address entered is a Singapore one. There are many known online stores in the States however, will automatically decline any non-US credit cards even if you can provide a US shipping address.

This post has been edited by MilesAndMore: Aug 24 2010, 04:00 PM

That is great ! This feature alone makes it miles better than its Priority Banking VISA Infinite.


Wrong thread bro ! Your question is answered HERE

Regular CIMB Platinum credit card give 1 Bonus Point for every RM1 charged locally and overseas while Islamic one gives you only 0.5% rebate.

Yes. If you have the CIMB World MasterCard, then you'll get 1% cash back on all overseas purchases.


1x Bonus Point is equivalent to 0.5% cash back too. Anyway, Alliance Bank give 2x Timeless Bonus Points for overseas purchases while Standard Chartered gives up to 5x Choice Points depends on what type of card you're holding. However, please note that Standard Chartered credit card final amount after conversion is always the highest among all the credit card issuers in Malaysia.

Opps. Typo. I meant to say 2x Bonus Points which is also equivalent to 1% cash back.

How about if one cancel his/her VISA Infinite credit card but continue to be a Priority Banking customer and at the same time opening a Preferred Banking account ? Will he/she be able to to apply for the Preferred World MasterCard now considering he/she has canceled his/her VISA Infinite ?


Charge at least RM10,000 into your OCBC Bank credit card per annum and they will credit free RM50 into your account. This information is available in their website too.

No. It is valid up to 3 years only. Please refer to the first page of this thread.

You went to the old website dude.

RM50/month starting from Jan next year. There is still cap now on how much cash back you can earn for the time being but it is much higher. The information is available on the website. Just check the T&C and FAQ of the card.

It states clearly there that you just need to spend RM10k a year and they will cover the RM50 for you. Besides, there isn't reward point to earn as all OCBC Bank credit cards give only cash back.

No no no bro ! The OCBC Titanium MasterCard is now the best credit card in Malaysia giving 5% cash rebate on petrol, dining, utilities, groceries and 1% on all other transactions. Scroll back a few pages back to find out more. We've been talking about it for quite a few days now.

Even now there is no point. OCBC Bank has stopped giving reward points to its credit cardholders since June or July last year. Every types of OCBC Bank credit cards are all cash back based since.

Is this written in black and white ?

That is great !!! Not exactly a fan of Hong Leong Bank but might still give it a go.

I just may do so because i really am not willing to sacrifice my own hard earned reward points to offset the credit card tax. Besides, if one is not exactly a high spender. This is exactly the card you should card.

The problem is that the OCBC Titanium MasterCard alone is not enough. Based on my spending pattern (just on fuel, utilities etc.), I would easily hit the RM50 cash rebate quota. Therefore, some of us still need a second or may be a third card and this Hong Leong Bank offer certainly helps.

This post has been edited by MilesAndMore: Aug 26 2010, 11:27 PM

You can call their hotline for clarification.