Proceed from v12: Credit Card v12

**Those wishing to get an agent to assist with your credit card application please post your request at the service noticeboard section as this section is about discussion on credit card issues and not for promoting or seeking agent.

Knowing your cards > http://www.bankinginfo.com.my
1. Visa
2. Mastercard
3. JCB
4. AMEX - Charge or Credit Card
5. Diners Club
6. China Union Pay (中国银联)
7. Etc.

1. Annual fee
Annual fee free credit cards :
- CIMB Direct Access
- CIMB Bank
- American Express Green charge card & American Express Gold credit card
- Public Bank (**minimum swipes apply)
- Alliance Bank (**minimum swipes apply)
- UOB Bank (**minimum swipes apply)
- Maybank (**certain cards only)
- EON Bank (**minimum swipes apply)
- Citibank Choice (**minimum swipes apply)
- Hong Leong Bank Essential VISA (**swipe at least twice a month OR spend RM8,000/year)
- AmBank (**certain cards only)
- OCBC (**minimum swipes apply)

2. Tap and Go - no signature required
VISA payWave
**Payment made via Visa Wave is limited to RM150
MAYBANK
- Maybank Islamic PETRONAS Ikhwan Visa Platinum
- Maybank Islamic PETRONAS Ikhwan Visa Gold
- Maybank PETRONAS Platinum Visa
- Maybank PETRONAS VISA Gold
- Maybank VISA Platinum
- Maybank VISA Wave

EON Bank
- GSC-EON Bank VISA Wave
- VISA Wave 'n Go
- Berinda Homes VISA Wave
- Johor Bahru City Square VISA Wave
- Penderosa Gold & Country Club VISA Wave

UOB Bank
- UOB ONE Card

MasterCard Paypass
**Payment made via MasterCard Paypass is limited to RM120
CIMB Bank
- all MasterCard

CIMB Islamic Bank
- all MasterCard

Direct Access
- all MasterCard

Touch n Go
CIMB Touch 'n Go Visa (This is the first credit card with Touch and Go embedded)

3. Credit Card linked to Petrol
- OCBC Titanium MasterCard <> all petrol stations = 5% cash back
- Citibank Cash Back VISA Platinum <> all petrol stations = 5% cash back
- UOB <> BHP Petrol
- Citibank <> SHELL (This only applicable for Citibank Shell, Citibank Cashback Plat applies to all petrol stations)
- Maybank/Maybank Islamic <> PETRONAS = 5x Treatpoints
- CIMB Bank/CIMB Islamic <> PETRONAS = 2% cash back
- Direct Access <> all petrol stations = 2% cash back**
- Public Bank <> ESSO/MOBIL
- RHB Travel Money <> all petrol stations = 2% cash back (5% cash back every first weekend)
- AMBank Carz <> all petrol stations = 2% cash back (3% for Gold and 5% for Platinum, provided there is an outstanding)


**All range of American Express charge & credit cards give 2x MR/TP on petrol purchases except AMEX Gold credit card which gives 5x MR/TP. This applies to all petrol brands.

4. Standard financial charge (interest rate)
Tier 1 > 13.5% p.a.
Tier 2 > 16% p.a.
Tier 3 > 17.5% p.a.

Cash advance: 18% p.a from the date of withdrawal.
Late payment: 1% of outstanding or RM 5 whichever is higher.
Minimum payment amount: 5% of outstanding or RM 25/RM 50 whichever is higher.

5. Complimentary Cards
1) HSBC Premier - deposit and maintain RM200k
2) Citibank Citigold - deposit and maintain RM200k
3) Standard Chartered Priority Banking - deposit and maintain RM250k
4) UOB Privilege Banking - Opening deposit of RM300k with maintenance of RM200k
5) OCBC Premier Banking - Opening deposit of RM300k with maintenance of RM200k
6) CIMB Bank Preferred Banking - deposit and maintain RM150k
7) Hong Leong Bank Priority Banking - deposit and maintain RM200k
8) Alliance Bank Privilege Banking - deposit and maintain RM200k
9) RHB Bank Premier Banking - deposit and maintain RM200k
10) Public Bank Red Carpet Banking - deposit and maintain RM500k or a Mutual Gold customer with a total combined deposits of RM200k in savings/current/fixed deposits.

6. American Express
Charge card
AMEX charge card gives 2x Membership Rewards Points for all petrol purchases. This applies to all petrol brands. All other spending will also earn you 2x Membership Rewards points.

Credit card
AMEX Gold credit card
5x Membership Rewards Points for every Ringgit spent on groceries, petrol, bookstores - Kinokuniya, Borders, Times and MPH - and telco charges via Express Autopay - Celcom, Digi, Maxis and TM. 2x Membership Rewards points for all other retail transactions.

AMEX Platinum credit card
10x Membership Rewards Points for every Ringgit charged to your card at Platinum partners. Please refer to American Express MY for the latest list of Platinum partners. All other retail spending earns you 2x Membership Rewards Points.

Maybank Islamic Ikhwan AMEX
5x TP on petrols.
2x on all other retail swipes.

Link to AMEX thread: http://forum.lowyat.net/topic/547867

7. International Transactions
Transactions incurred will be converted to Ringgit Malaysia using US Dollars as the base currency on the date the item is received and/or processed at such exchange and at such time as may be determined by VISA International/MasterCard Worldwide at its absolute discretion plus administration cost which is to be imposed by the card issuing bank. The exchange may differ from the rate in effect on the date of the transaction due to market fluctuations. Such rate imposed shall be final and conclusive and the Cardmember shall bear all exchange risks, losses, commission and other bank charges which may thereby be incurred.
- Maybank VISA/MasterCard : 0.5%
- Maybank American Express with Maybank logo on top : 1.5%
- American Express : 2.5%
- CIMB Bank : 1%
- Hong Leong Bank VISA/MasterCard: 1%
- Public Bank : 1.25%
- Citibank : 1%
- HSBC : 1.25%
- EON Bank : 1%
- UOB Bank : 1%
- Standard Chartered : 1%
- OCBC bank : 1%
- Alliance : 1% (verified by hebe87)

Exchange rate estimator : http://corporate.visa.com/pd/consumer_serv...er_ex_rates.jsp

8. Credit Card Cancellation Letter


9. Cash Advance fees
Citibank: 5% of cash amount (min RM20), and 18% p.a. daily interest (N/A for Ready Cash)

UOB: The cash advance fee is charged to any withdrawal of cash made. This is imposed for each cash advance transaction. 5% or RM20, whichever is higher.

Maybank: VISA/Mastercard (Both Classic and Gold) | Flat rate of 5.00% of the total amount of cash advance | Min: RM10

CIMB DA: 5% of the amount drawn, subject to a minimum of RM15, whichever is higher.

CIMB: 5% of the amount drawn, subject to a minimum of RM15, whichever is higher.

HSBC:
The cash advance fee is 5% of the amount advanced or a minimum of RM15. Whichever is higher. This is imposed for each cash advance transaction
For HSBC Amanah Charge Card, cash advance is capped at RM1,000 per transaction and a fee of RM60 per transaction will be levied
For cash advances made over the HSBC banking counter, there will be an additional charge of the following:-
- RM50 on credit cards issued by local banks other than HSBC - RM20 on credit cards issued by non-Malaysian card issuers (including JCB)
- Cards issued by HSBC Bank Malaysia and the HSBC Groupare exempted from this charge

OCBC: The cash advance fee is 5% of the amount advanced or a minimum of RM15, whichever is higher. This is imposed for each cash advance/casino chips transaction.

HLB Essential: 2% of the amount advanced or a minimum of RM5, whichever is higher. This is imposed for each cash advance transaction. Minimum withdrawal for each cash advance is RM200.

10. Verified by Visa and Mastercard Securecode
Verified by Visa ---> http://www.visa-asia.com/ap/sea/merchants/...vbv_intro.shtml
Participating banks :
- HSBC
- Standard Chartered
- Maybank (MSOS)
- CIMB Bank
- Public Bank
- RHB Bank
- AmBank
- Hong Leong Bank
- EON Bank
- Alliance Bank
- MBF Cards

MasterCard SecureCode ---> http://www.mastercard.com/au/personal/en/c...code/index.html
Participating banks :
- HSBC
- Standard Chartered
- Maybank (MSOS)
- CIMB Bank
- Public Bank
- RHB Bank
- AmBank
- Hong Leong Bank
- EON Bank
- Alliance Bank
- MBF Cards

11. Balance Transfer: http://forum.lowyat.net/topic/1123346

12. RM50 Government Service Tax - Currently STILL IN FORCE
With effect from 1 January 2010, there will be service tax imposed on credit card as follows :
i. RM50 per annum on each Principal Card; and
ii. RM25 per annum on each Supplementary Card
The service tax will be collected on the date the card is issued, or on the completion of each year or on the date of renewal of the card (except HSBC which will be billed 1 month later). This means that the above mentioned service tax shall be levied on new credit card issued effective from 1 January 2010. For existing credit cards issued before 1 January 2010, the service tax shall be levied upon anniversary of card issuance.


13. Airport Lounge Access
Alliance Plat - UNLIMITED access to Plaza Premium Lounge KLIA
Citibank Premier Miles - worldwide airport lounge twice a year (saw thier website need to apply before hand). Access to Plaza Premium Lounge KLIA 12 times a year PLUS the Priority Pass with 2 free admissions worldwide (subsequent need to pay). PP is for principal ONLY
Citibank Plat - Free access to Plaza Premium Lounge KLIA with a limit of 12 times a year
SCB VI - gives Priority Pass membership with UNLIMITED free admissions for principal ONLY
SCB Platinum/WMC - UNLIMITED entries to Plaza Premium Lounge KLIA for principal ONLY
HSBC Premier - don't even have access to Plaza Premium Lounge KLIA
EON Bank Visa Signature - free priority pass membership for limited free lounge visits worldwide
EON Bank (certain platinum cards) - Free access to Plaza Premium Lounge KLIA, LCCT, Senai & Changi (monthly quota applicable)
UOB Privilege Banking Platinum - UNLIMITED access to Plaza Premium Lounge KLIA, LCCT & Senai
UOB Midas & Preferred Platinum - Free access to Plaza Premium Lounge KLIA, LCCT & Senai (subject to monthly access quota of first 400)
RHB Plat - 4X a year at Plaza Premium Lounge KLIA, LCCT and Senai. 4X access shared with supp card (i.e. supp card also can enter free)

Remark: Most of the Platinum cards issued in Malaysia can only grant free access to KLIA Plaza Premium Lounge only, not the lounges in LCCT and JB.
SCB VI through Priority Pass and Amex Platinum charge card at most of the lounges worldwide.

14. Previous versions
Credit Card V2 Thread : http://forum.lowyat.net/topic/594906
Credit Card V3 Thread : http://forum.lowyat.net/topic/691229
Credit Card V4 Thread : http://forum.lowyat.net/topic/741933
Credit Card V5 Thread : http://forum.lowyat.net/topic/842676
Credit Card V6 Thread : http://forum.lowyat.net/topic/953666
Credit Card V7 Thread : http://forum.lowyat.net/topic/1069190
Credit Card V8 Thread : http://forum.lowyat.net/topic/1250745
Credit Card V9 Thread : http://forum.lowyat.net/topic/1264667
Credit Card V10 Thread : http://forum.lowyat.net/topic/1414513
Credit Card V11 Thread : http://forum.lowyat.net/topic/1530782

15. Useful information
BNM issued guidelines in 2003 that limits consumer liability in cases of fraud to only RM250. See the actual document here. (Courtesy of tishaban) (thanks awaynoway for the updated link)

Credit information:
CCRIS: http://creditbureau.bnm.gov.my/
CCRIS report - go to Bank Negara yourself and use self-service terminal to get report with MyKard (you need to go as need thumb print).
CTOS: http://www.ctos.com.my/
BRIS: http://bris.com.my/index.html

Swipe Smart with 6E:
http://www.abm.org.my/Swipe_Smart_with_6E_...ffectively.aspx

16. FMB - Financial Mediation Bureau
http://www.fmb.org.my/index.htm

17. AKPK
- An agency set up to provide financial education, financial counseling and debt management
http://www.akpk.org.my/Home/tabid/36/Default.aspx

Link to AKPK thread : http://forum.lowyat.net/topic/876712

18. Other Links By Users
A blog about credit cards > My Credit Cards

19. Credit Card/Charge Card Reward Points
Validity of numerous credit card/charge card reward points
1) HSBC - up to 3 years
2) Citibank - reward points are evergreen
3) Maybank - reward points are evergreen
4) CIMB Bank - 3 years
5) Alliance Bank - reward points are evergreen
6) Standard Chartered - 3 years (**SCB VI Choice Points are evergreen)
7) American Express - Membership Rewards Points are evergreen
8) Hong Leong Bank - up to 3 years
9) AmBank - up to 3 years
10) RHB Bank - 3 years for Platinum and 2 years for all cards ranked lower than Platinum
11) UOB - 3 years
12) EON Bank - 3 years

20. Premium Credit Cards and its requirements
1) CIMB & DA World Mastercard Visa Infinite - Min Income Requirement : RM 200k
Existing HSBC Cardholder with CL RM30k and above OR Citibank CL RM50k and above OR Other banks RM70k and above MIGHT also be accepted, limited time promotion only
2) Maybank World Mastercard - Min Income Requirement : RM 240k
3) MBF World Mastercard - Min Income Requirement : RM 200k (By Invitation)
4) Standard Chartered Visa Infinite - Only for Priority Banking customer (RM 250k in deposits)
5) RHB Visa Infinite - Strictly by Invitation Only
6) CIMB Enrich World Mastercard - Strictly by Invitation (those with card usage above RM 500k per annum may be considered)
7) HSBC Premier Mastercard - Only for HSBC Premier customer (RM 200k in deposits)
8) EON Bank VISA Signature - Min Income Requirement : RM180k

21. Best Credit Cards and its categories
Please note these are just recommendations based on normal spending. High spending or specific usage individuals might want to look at other cards.
1) Classic Card = Hong Leong Essential
2) Gold Card = Alliance Younique, AMEX Gold Credit Card
3) Titanium Card = OCBC Titanium
4) Platinum Card = Alliance Platinum / SCB Business Platinum / Citibank Cash Back Platinum / AMEX Platinum Charge Card (assuming AF is waiveable)
5) Visa Signature = EON VS
6) Visa Infinite = SCB VI
7) World MasterCard = Maybank WMC (assuming AF is waiveable)

This post has been edited by MilesAndMore: Dec 13 2010, 10:51 PM

TS, shall add EON Bank Visa Signature in the premium CC range.
Min Income requirement: RM 180k

I only found out about this last night. I booked the room at Park Taipei Hotel for US$405.80 through Expedia. I just check with Agoda just now and was quoted US$474.24 for four nights at the same hotel. Is the price quoted in Agoda after discount or what ? Even after the 7% discount, it is still more expensive than Expedia.

Anyway, i need to know if the price quoted in Agoda is after discount or not because i want to book a hotel room in Hong Kong next. Please let me know soon. Thanks in advance

Done

Number 8 isn't attach properly

Rectified. Thanks for pointing it out.

3. Credit Card linked to Petrol Giants
Public Bank Visa Esso Mobil credit card

19. EON bank 3 year rewards point

well, my credit card gets increasement of Credit Limit two times... will it be noted in CCRIS?

I have read through CCRIS overall, i don't see they will note any credit cards which is under collateral / fixed deposit pledge.

err no idea. pls refer here - hsbc home and away privilege

This post has been edited by erry-: Dec 10 2010, 09:19 PM

SCB WMC cardholders are currently not given any free access to KLIA Plaza Premium Lounge. Only SCB Platinum, Business Platinum and VI give unlimited free entries to the lounge.

This is quite absurd seeing SCB is giving issuing their Plat cc like nobody business

Income requirement for SCB Platinum as well Business Platinum is one of the lowest among all the Platinum series in Malaysia. However, SCB Business Platinum is one of the best Platinum cards in terms of benefits given.

Can elaborate ?

OCBC 1% isn't it equivalent to Amex 2x points? Why OCBC no doubt? Can elaborate? Thanks.

I own a maybank pretonas gold card, limit is rm6k.

I would like to purchase an item about 2k.

I would like to do easy payment for 1 year, does maybank had any easy payment plan.
I google a bit n found there are chargers of interest but my friend which using pbb credit card told me shd be 0% interest.

Any expert of maybank cc?

Added to the first post.



Not sure about this. But they can definitely see your latest total credit limit for all your credit cards issued in Malaysia.


Yes. There is. I am very sure of this. Like 110% sure. I had a secured VISA credit card from HSBC before. You can search for the scanned image of my CCRIS that i posted in the credit card thread version 11.


Read the whole thing. No mention if the discount is given upon checking out on Agoda or it will be reflected in our account statement on a later date.


Because this card gives you 5% discount on all utility bills, all petrol stations, dining and groceries shopping. Any other card that gives you so much discount in one card ? No. Do take note of the RM50 capped per month though.

Go to the shop that you want to make purchase and ask for their advice which card(s) can do 0% interest installment. And don't forget to confirm with them is there any one-time or upfront charges.

I interested in purchasing HTC desire HD which is offer by digi, and i read the Q&A, it saying unable to pay installment.
Q8. Can I pay for the device in installments?
A8. Easy Payment Plan is not currently offered for the devices bundled with DG Smart Plan.

If i wan to do installment, can i call out maybank customer support and ask them to make it as an installment plan for 1 year.
Does they provide 0% interest or not?

Maybank Balance Transfer offering 0% for 12 months transfer scheme.

http://www.maybank2u.com.my/WebBank/251010.pdf

or maybe Maybank EzyPay Plus as well?

http://www.maybank2u.com.my/WebBank/EzyPay%20Plus.jpg
http://www.maybank2u.com.my/mbb_info/m2u/p...sonal/CRD-Cards

Walk in to our Maybankard centres

Maybankard members can also walk in to these Maybankard centers to convert your transactions:

One utama
KL Main (Menara Maybank)
KLCC
Fax / Email

Fax us at: 03-7953 8600
Or send us an Email at : mbbcardservices@maybank.com.my

Do you own another cc other than MBB?
Maybe you can swipe with MBB cc first, then do (0% or 1%)BT to another cc. Or vice versa.

EzyPay is also an option, but can you accept the interest rate? Go check it out.