Explain "hyped up"?

This post has been edited by rockefeller: Oct 31 2010, 08:51 PM

That's right... capable of paying TM bills using Internet Banking via OCBC deposit accounts only.

If I apply for the credit card now, how would I know I am applying for Ambank LOC or MBF LOC? Did they waive annual fees for new applicant? Sorry if my question looks stupid...

(I assume you are applying for an MBF card)
Whether it is AMBank or MBF LOC, it is not your choice to decide. It is up to the bank.
Depending on the promo, they will waive the AF but please check current promo and don't fall for agent word of promise.

On the same note ... there are better cards out there rather than MBF for your consideration.

Argh ... the VISA Platinum. Asked if it is possible for a Premier customer to get this card instead of the Premier MasterCard but was told it is not possible. They said even if a Premier customer requests for a Gold credit card, he or she will either have to pledge a time deposit account or apply using the normal route which is to submit your application with your salary slips.

Actually I got Direct Access already. Thanks for your advice. =)

Ohh no ... Standard Chartered Platinum Card arrived alr

[quote=WhiteWing,Oct 31 2010, 09:43 PM]
Ohh no ... Standard Chartered Platinum Card arrived alr

Don't worry, RM188 cash bonus is preloaded for you to offset GST, more than enough

Time to cancel all my others credit card .. since the new card limit is RM 10k.

what card is this 10k limit from standard chartered?

Standard Chartered Platinum CC

You are not eligible for the card right ? That sure is very lenient of them.

Miles,you are right. I am not eligible for the card. I think what is the reason they approved the card application. Is it that I'm holding 5 diff card from others bank will be the factor or I always pay on time before the due date ? ~ As I concern,I never late on any payment and I always pay in full. All my 5 credit card are 13.5% interest for a year.

You mean Fixed deposit? then the bank will hold your fixed deposit certificate?

No. Just that you won't be able to withdraw the money in the time deposit deposit account pledged as long as your card is still active.

True, but I guess is because the banks aren't traning the staff enough and updating/briefing them on new products but instead pressuring them to get people to sign up for cards and unit trust.


Not only that, you can gain more interest like I mentioned earlier (minimum close to RM2K a year for RM200K) if deposit money in another bank based on today's promotional rate. Use this extra money and get AMEX Plat Charge Card better if want to show off "status". Also HSBC Premier MC don't give you access to KLIA lounge.

Same case for SCB VI, go deposit money with another bank and will get higher FD rate today and earn more than RM2K in interest since SCB VI need RM250K in FD (not applicable to those who got SCB VI because got loan from them). But there is one good thing about SCB VI is that it give access to VIP airport lounges and very good insurance protection when buying air ticket with it.

And both HSBC and SCB overseas transactions admin rate is high, normal CC from MBB better anytime for overseas transactions.

Then again, people like me who have HSBC Visa Plat card can't get HSBC Premier MC without depositing RM200K with them. My Dad have both HSBC Visa Plat and HSBC Premier MC but he will tell you that HSBC useless as he never "win" anything from using them. And me non HSBC Premier customer have higher CL than him.

Dad got his Premier Mastercard when they converted his Partner account to Premier. Not even a month after getting the Premier Mastercard he called up and requested for the Visa Platinum. They sent it to him, no questions asked. How come?

Let say i apply and my credit card approved using Fixed deposit pledged, after 1 year , i use my current card(approved via FD) to apply for other bank's credit card, will the bank know/check out my existing card approved because of i'm using fixed deposit?

Will the bank approve my other credit card because of my current card using fixed deposit?

Someone experienced in banking profession field clarify please,

Thank you!

This post has been edited by persistence85: Oct 31 2010, 10:48 PM

When the other banks are processing your application, when they view your CCRIS, they can see your existing credit card is secured by a collateral - in your case fixed deposit certs. However, it is entirely up to their discretion to approve your application or otherwise.

The credit card issuer will know it from your CCRIS report if your credit card is pledged under fixed deposit.