Of course.

Thanks to PJusa, I was able to make some comparisons of the rate Bank Alliance charges vs. the Card Issuer. Details is in the blog but in a nutshell:
Alliance Bank is no longer a 0% admin charge bank. Maybe 0% is now reserved for their priority banking customers. Hope PJusa can share more data on his other transactions.



This post has been edited by zenquix: Aug 20 2010, 03:56 AM

just received invitation letter from bnk islam for their plat card but the CL is less than my current gold cc even it's from the same bnk...

zenquix,

interesting indeed. i only have one, tops two US$ transactions on my alliance card per month so i cant really plot too much. but i did check the rates for transaction dates for the last 2 months (well only 4 transactions so not representative) but they all reflect the rate posted by visa with 0% charge. i also called CC customer service to double check and they did confirm that my card (and they claim all plat cards do) dont have any admin fee from the bank imposed.

did you compare only US$ transactions or did you also look into other currency purchases?

Combination of USD and GBP. I gather you are using the normal Platinum or is it a Business Platinum?

Think I will complain via email.

This post has been edited by zenquix: Aug 20 2010, 09:04 AM

zenquix,

this is a normal plat card i got when the account was converted to prio status a couple of years ago. the contract signed did also state 0% charge. maybe this has changed in the meantime and they only honour old contracts?

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Added on August 20, 2010, 9:24 amyes it does seem their conditons have changed. cardmember agreement clause 13.3 now reads:

13.3 Foreign currency transactions are first converted to US Dollars through Visa International or MasterCard International before the US Dollars are subsequently converted to Ringgit Malaysia on the date the transaction is posted into Cardmember’s VISA/MASTERCARD CARD Account. The rate of exchange on the date of such posting may therefore differ from the rate of exchange on the date of the transaction. The Bank will also impose a fee of 1% being administration charges for such transactions.

my cardmember agreement reads 0% instead and i never got a new one from them either or any sort of notification that this has changed. so it might be possible that a) they honour their old agreement or b) i calculate wrongly

This post has been edited by PJusa: Aug 20 2010, 09:24 AM

Thanks for the info. I am holding a plat as well (my card is more than a year old) so this case of double standards is another nail in the coffin. I guess I am not alone in the case of high charges since it has been reported by winner several times. The fact that it is higher than Amex

zenquix,

i sometimes dont understand them. as the smallest bank they should always try harder. my card is 5 or 6 years old though. i used to be very content when i was with section 13 branch but since that closed and i was moved to SS2 i cant say i am still as happy. that resulted in them lossing already most of my investments. there are banks that know better then them and drop charges if i ask for it but the cashback on the alliance card seems to be the best in the market (despite the silly cap).

Who has the Maybank World Mastercard here?

I know what you mean. Oh well, if i get the OCBC Titanium card, might just cancel this.

Newbie question here How to pay DA credit card using Maybank2u? If it is possible.

go to Transfer > Interbank GIRO Transfer

Under Interbank Fund Transfer. Select Payment Type as Credit Card.

http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards

as per my research in a limited time, this is the best CC from maybank? I shortlisted 2 CC, citibank cash back and this MYBANK. any advice?

The best card from Maybank should be AMEX Gold CC or Ikhwan AMEX Gold.

Both offers 5x point at any petrol stations.

On top of that, AMEX Gold CC offers 5x points for groceries and books at participating merchants and Autopay for telecommunication bills.

In contrary, Ikhwan AMEX only offers 2x points for other swipe than petrol.

This post has been edited by David83: Aug 20 2010, 06:57 PM

anyone has experienced with PB CC? how about their customer service etc

hye.

i got an sms today saying.

"Yr MBF card application has been approved. The RM2K within yr approved card limit @ 0% interest gives you a saving up to RM350 p.a. for 3yrs"

wat does it mean, the last sentence?

2K at 0% interest

I guess the interest is 17,5%

If not 0%, the interest would be RM350 / year if not paid back .... so you can save RM350 per year

If that makes sense

so far so gd with PBB , called me on few occations after i swiped the card to confirm

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Added on August 20, 2010, 7:58 pmi tot currently the best thing is OCBC titanium

This post has been edited by alexwsk: Aug 20 2010, 07:58 PM

bro alexwsk, how to obtain PBB online banking with CC? they send us pin and activate at ATM?