Best way to enjoy fully the 3%+5% rebate is by paying RM2000 per month in utilities, if you are cash rich ;-)

For Oct, Nov Dec 2010
5% of RM2000 x 3 months = RM300 (rebate cap until end of 2010)
3% of RM2000 x 3 months = RM180

Thus, you pay RM6000 and get back RM480 of free utilities ;-)

Your calculation is wrong... you need to calculate separately for 3% and 5% rebates...
3% rebate has a capping of RM200 for the whole promotion period (29 Sep 2010 to 31 Dec 2010)
5% rebate has a capping of RM100 each month until 31 Dec 2010

Read the letter that came with the card.... read and you shall be enlightened

Maxis & Astro is not part of the OCBC Payee listing at the moment.

To maximise the 3% + 5%, you need to spend RM2000 a month for Utility bills via Online. If you go above the RM2k threshold, you won;t get full 8% but only 3%, as the 5% monthly cap would have reached at RM2k (RM2000 x 5% = RM100)

Current OCBC Bill Payment list


Red lines means not entitled to 3% online rebate

This post has been edited by ronnie: Oct 7 2010, 10:07 AM

The MCC codes are not visible on the CC transaction receipt. Unless it's coded...

Found info for TM Auto-Debit services as http://www.tm.com.my/ap/contact/Pages/autopay.aspx

Good question... please call OCBC CS to appeal to get TM bills payment via CC...

IMO, I think that OCBC's Auto-debit and pay using CC via Online is 2 different features

Be prepared to wait longer periods due to overwhelming response...

Direct Access Mastercard has more promotion than Visa ;-)

The CVV number I usually put a white sticker to ensure the Cashiers don't memorise it later as some Merchant transaction have full credit card number and expiry date.

Why can't all Merchant Transaction slip printed blank out the numbers of the CC used ?

Public Bank came out with a PB Double Bonus promotion (1 Oct 2010 to 28 Feb 2011).... giving away RM300,000 per month.

15% Cashback on weekday spending.
10% Cashback on weekend spending.
Maximum Cashback per month is RM100 per cardmember. [RM666 spend per month @15% / RM1000 spend per month @10%]
Chance to win a BMW/Honda/Nissan

URL : http://www.pbebank.com/en/en_content/perso...tions/db10.html
T&C: http://www.pbebank.com/en/en_content/images/tc_db10.pdf

I wonder if this CC is worth getting ;-)
- New Platinum CC get RM60 activation Cash Reward
- New Gold CC get RM50 activation Cash Reward
- New Classic CC get RM30 activation Cash Reward

** The Qualifying Retail Transactions shall include all local and overseas retail spending, online purchases and new Zero Interest Instalment Plan (ZIIP) full purchase amount (not monthly instalment) but exclude flexipay, auto-debit, balance transfer, recurring payment, utilities, direct marketing, insurance premium, cash advance and quasi cash.

This post has been edited by ronnie: Oct 11 2010, 01:59 PM

Where's the source of this info ?

Maybe the budget could annouce that each person can hold 2 CC (which will be GST-free), subsequent cards will be charged RM50 GST.

Me being hopeful ;-)

Yep.. OCBC's 3% Cash Rebate Online bill payment will appear after the 31 Dec 2010... most probably in Jan/Feb 2011's statement

stacko: It's less than your calculation because OCBC uses the nearest ringgit to calculate the rebate.
I think you won't get >RM20 because they calculate based on statement period not calendar month (OCBC is smart ;-) )
If TMOnline gets 1% cash back, then it's better to do auto-debit, then.

This post has been edited by ronnie: Oct 12 2010, 11:15 AM

This also shows exactly how OCBC Titanium's rebate is calculated... Time to re-adjust my Excel file.

p.s. You can use =ROUNDDOWN(<cell>,0)*0.05 or =ROUNDDOWN(<cell>,0)*0.01 in Excel .

This post has been edited by ronnie: Oct 12 2010, 11:42 PM

Strange on why you didn't get 5% for Shell... was it a purchase in Shell stores ?

OCBC's 1% Cash Rebate is capped at RM20 (from Sep to Dec 2010)