Both credit card and debit (prepaid) card actually.

That should be the way. It gives much convenience to customers. However, some other banks like Alliance's cash deposit machines do not allow customers to do that.

Upfront admin fee 3.88% for 6 months = Upfront interest 7.76% per annum. Not a good deal.


Owning a Platinum cc (especially easy entry from CIMB and DA) does not guarantee your application for OCBC Titanium MC. Perhaps you need to wait for another 6 months and apply again.


If the card is officially cancelled, then it won't be charged for the service tax again.


For OCBC Titanium MC, you need to pay the first year service tax. Service tax for second year onwards is waiveable by spending RM10,000 per annum.

Because of this easy entry from CIMB, many banks including OCBC don't really recognise CL given by CIMB. That's why there were cases where CIMB Platinum cardholders were rejected by OCBC for a lower range product like OCBC Titanium MC.

Amex (without MBB logo), on the other, has the highest admin fee on forex conversion for overseas transactions.

I had terminated my SCB VI long ago! I now own SCB WMC.

When I still owned Alliance Visa Platinum last time, there was one occation that Alliance Visa's forex conversion rate was slightly higher than Amex. Before that my Alliance Visa's rate used to be much lower than Amex and other banks.

You confused yourself actually. Normally people will only use points to redeem cc service tax payment after the tax has been charged. In your case, you redeemed it before the tax was charged and the RM50 had been credited in your cc acount 1 month earlier.

SCB Titanium MC is not open for application. As for the Preferred Banking WMC, you will get RM200 cash back upon card approval.

In addition to your post, do take note that some famous CCs which give more reward points and cash back including Amex Gold cc, Citibank Cash Back Platinum cc, SCB JustOne Titanium and OCBC Titanium DO NOT give complementary travel accident insurance.

Yes, it is confirmed that MBB has the lowest forex exchange rate for overseas transactions. If MBB's admin fee is 0.5%, then admin fee for SCB and HSBC on forex exchange should be around 1.5%, and not 1.0% and 1.25% as reported by both banks respectively.