which cc offer the best benefit for oversea transaction ?

1000 smile points = RM15 petrol

Maybank CC has lower forex rates ;-)

The monthly cash back cap for petrol using OCBC Titanium MasterCard is RM30 too starting from next year.

Really? I am not aware of it!
Is it in the TnC?

amex cc ? since it has promotion 15% cashback, does it apply to oversea transaction too ?

AMEX 15% Cashback is only for retail spending at shopping malls in Malaysia... Please read the T&C.

ok thanks. how about the points i can get from oversea transaction using amex cc ?

just the normal 2x points. 3x promo ended last month.

Amex is not really recommended as it imposes one of the highest forex admin charges.

ok thanks for the reply. how about citibank and hsbc cc ? is it good for oversea transaction ?

The Star reported that as of 30 Sep this year the total Credit Cards in circulation stands at 8.7million compared to 10.8million end of last year. And only 1 million supp cards now.

That's a whopping 2 million less cards in circulation. No wonder we now hear that even MBB is offering reward points to offset GST.

With the GST, the banks are offering more offers to attract new customer and maintain existing customer. Great for us who uses credit cards.

I don't think it is capped at RM30 for petrol. Someone mentioned long ago in this thread that the cash back is RM30 when using the OCBC website sample calculator for cashback. But it is not mentioned in the T&C.

The collection of info is on the first page.

Oh ... i wasn't aware of that.


The exchange rate for HSBC MasterCard is kind of high. Not sure about their VISA though. Anyway, from what i remember is that their VISA exchange rate is pretty high as well.

I feel Mastercard's forex is higher than Visa's forex

Mr Gen-X, any idea that how can we request the 10,000 points from MBB without cancelling the card?

A few posts back I remembered someone saying that Mastercard's forex is slightly cheaper.
Still I think between the 2 if coming from the same bank, the difference is marginal.

From January 2011 onwards, the maximum cash back per month for OCBC Titanium is RM50. This cash back cap is for all retail transactions regardless of whether the transactions are from 1% or 5% rebate categories. It is stated clearly in the T&Cs and OCBC website.

I think it should be the other way round. Anyway, as what hye said, the difference could be very marginal.

Thanks for info. From now on, it's gonna be ESSO all the way

Pengsan, just finished registering 10+ payees for OCBC , one OTP for each payee.

This post has been edited by sweetpea123: Nov 18 2010, 01:14 PM

Very Secure !!!!
You do have alot of bills to pay ?

Mum's/Mum-in-law's /Home/Business utilities bills.... what a bummer TELEKOM ain't possible for CC. Bummer indeed !