so it is better to get PBB Esso compare to HSBC Amanah? the reason i didnt cancel my HSBC amanah card because it has the highest CL compare to all. how about AMEX?

Just realized that I can easily approach (if not hit) RM50 rebate capping of ocbc Ti. I'll have to retain my DA Mastercard for Tesco/Giant purchase. Last week bought a lot at Giant. Maxxed out its RM50 capping as well. This is a record in my cc history.

if u take the cashback to cover gst, yes, pbb esso/mobil is better than hsbc amanah.

unless, u can swipe 2.6k/year on pbb and 10k/year on hsbc amanah, then just keep both cards.

while for amex, u only need to spend 2k/year on categories under 5x points.

btw, why u need high CL? to do installment? but then, amex dont have installment plan ~

and sorry to say, but amex gold credit is also far better than hsbc amanah

coz with amex, if u signup express auto pay (direct debit) for 3 telco bills, u get 10k bonus points (promo till 15/3).
also, 5x points for each amount of the bill.

me, i signup express auto pay for tm x2 + maxis, so get 10k bonus already and can offset gst for 1st year.
and min amount for all those 3 is rm215/month which is rm2580/year.
rm2580 can get 12,900 points and can offset the gst for next year already (10k for gst).

thats y i told u, do ur calculation ~

This post has been edited by erry-: Jan 10 2011, 04:39 PM

wow.. how about i get those 2 cards and see what happen next year?

AMEX can redeem cash right?

do ur calculation 1st.

if the cashback for both cards can cover both gst, then just go on.

yes amex can redeem 200 points for rm1.

yeah. to do installment for something.

installment at merchant or flexi payment (swipe-then-convert)?

if swipe then convert, pbb fee is lower than hsbc amanah.

pbb 1.5% for 12 months & 5% for 24 months.
hsbc 3% for 10 months & 5% for 20 months.

my hsbc (non-amanah) CL is 'almost twice' my salary, but pbb esso/mobil is 'almost equal' to 1 month salary

but i dont mind coz using pbb only for esso/mobil

installment at merchant. that is why i still headache.

[1]. stay with hsbc, spend min 10k/year.

[2]. go apply pbb esso/mobil, spend min 210/month at esso/mobil for a year.

[3]. go apply amex gold credit, spend min 2k/year on 5x categories (such as autopay for telcos).

so all can cover their gst for next year (with the cashback).

gst for this year?
pbb apply online then mail the form with supporting docs, after received card, swipe rm630 on 1st month so get rm50.4 (8%) cashback.
amex gold credit, sign up express autopay min 3 bills (astro/tnb/telcos) and get 10k points to redeem rm50.
if u autopay 3 telcos, u also doing number [3] above, just make sure the bills are at least rm2k/year.

problem solved

This post has been edited by erry-: Jan 10 2011, 05:14 PM

if i also have ocbc, then i will also easily reach rm50 max rebate each month

autopay ah? how about water bills? also consider?

nops. refer here - http://www.americanexpress.com.my/cms_uplo...0Sept_final.pdf

ambank got offer 0 % bt or not ?

yes and no.

its 0% installment bt but got 1 time upfront fee, 8.99% p.a!

How nice american express nowadays, last time 10k reward points for express autopay was not applicable to gold credit card.

yeah

but this offer only till 15/3.

Guys,

I wanna ask. I might put myself into a deep trouble when I asking this question.

My family urgently need RM2k cash to pay my brother & sister schooling fee plus the others thing. I was think how the heck I gonna get RM2k cash for them except the cash advance from my credit card.

I aware of daily interest and also the withdraw fee at ATM. My dad told me he can pay me RM 600 every month and he said he willing to pay the daily interest fee and withdraw fee. In my mind was thinking,shall I go withdraw and help them ?

you can choose the fd tenure from min 1 month & auto renew until you decide to cancel the card then only bank release your fd:)

About your question whether should help them or not, it's based on your family relationship & your own thinking. Nobody can answer that.

BUT, if you ask how to help them, then this is my opinion to you:
1) Cash advance from ATM.
2) After the transaction appear on the statement, then do a Balance Transfer to another card to save interest on it.
(You may look for any bank that offer 0% BT to save more)

Hopes, this will answer your question...

How long did it take MBB/AMEX to approve your BT application and make payment to AMBank?

I know for a fact that CIMB / Direct Access Balance Transfer program vert efficient, within 7 working days approve and payment will be made 2-3 days after approval. Since I have no idea how long MBB takes to approve BT application, not willing to take the risk and do 12 months BT even they are offering 0%.

And as for the grace period, all banks are to give 3 days grace period as it is a BNM ruling.

Call Customer Service and ask for CL increase, and they will tell you waht to do. As for how to buy RM4K with RM3K CL, well simple maths - use both cards i.e.split the purchase into 2 transactions and you can buy up to RM6K As for RM10 to et GST waiver, well that's for a year lah, everymonth charge RM1K also enough lah.


Since you have only EON GSC and HSBC Amanah, I would recommend you go with AMEX Credit Card instead of PBB Esso Mobil. Why I say so is because you will also get 5X reward ponts for Utilities (DiGi, Maxis & CElcom) and Groceries besides Petrol.


No, they instead give you free gift. Better go for other cards BT with 0%.

School not yet start? Do you have HLB CC, if yes ask call them and ask them to transfer RM2K into your savings account for 6 months program where interest is only 0.5% per month. EON bank also have this thing call Cash On Call where interest 4.99% ofr 6 months. Save you hell a lot more than taking cash from ATM.

This post has been edited by Gen-X: Jan 10 2011, 10:01 PM