1. GST charged immediately.
2. So far nobody reported that they got their GST waived with HSBC if not mistaken. If you do not want to pay GST then see if can cancel the card. Those of you not wiilling to pay the RM50 GST, don't apply for the card. Click here to read my old post on GST.
3. Generally all Visa and Mastercard don't give points at petrol stations. Only Amex and co-brand petrol cards give points or cash back. For your case, HSBC got promotion at Caltex. Click here to read about Maybankard 2 Amex and click here to read about OCBC 5% cash back. Best card for Petrol - OCBC Titanium, 5% cash back everyday at any petrol station, catch max rebate per month RM50 or up to RM1000 for transaction on petro, dining, groceries and utilities.

Call CS to confirm what is in the system instead of guessing.


if you apply thru agent then call him/her. If not I guess you can email MBB or call CS to ask.

This post has been edited by Gen-X: Feb 9 2011, 07:06 AM

then go roadshow and apply again and this time get agent contact , don't care about the 6 months wait if you want it badly

For your info, if you not existing MBB cardholder, agent will get comission when your MBB 2 approved, so they will tend to "work" to ensure you get the card.

that is good news for HSBC card members. My dad and me did not receive such sms I rarely use my HSBC whereas my dad do use it (he has both Premier and Plat).
Do report back once your wife can confirm the GST is waived.

This post has been edited by Gen-X: Feb 9 2011, 10:51 AM

RM30,000 p.a. means whatever income you get in a year. So yes, bonus is included and so are dividen, rental, allowances and OT etc. Easiest way to confirm your income per year is the amount in your BE form which is taxable. Or for people where their only source of income is from salary, the amount in Borang E.


yes, my second and third post in my blog on BT was to share with other how to make more money from BT. I even mentioned doing BT for less than RM5K is a hassle and the interest you get from FD is negligible. As for 0% installment, I have mentioned many times (including here) that it is a trap by banks to make you spend more (when one don't even have the money on hand) and try not to recommend installment plan that have upfront interest because if you annualized it, the rate is damn high, better pay cash instead. And usually with installement plan you'll pay more where I have mentioned here and in my blog. When I go shopping, if the shop have 0% installment plan, next thing I ask is there further discount (speak to the supervisor the best) and sometimes the merchant will say yes but need swipe 1 go which is better as you will save money and this also applies to Harvey Norman for items costing more than RM2-3K.

it is saddening that many young people have debt problems arising from having credit cards. Wonder how many people actually read the link to Daljit Dhesi article in The Star which I posted in my blog on my 1st post on BT click here.. The article was in 2009 but it is a good read and if people actually absord the contents of the article and learn from others, they won't be in the sh*t hole now. I even mentioned that time is one does BT, it means he/she is living beyond his/her means as that time no 0% BT so need to pay interest.

The best advise for young people is by Dreamer - to have at least 6 months of expenses in savings for emergency. Well, if you don't have this, better not go get a credit card or even go for 0% installment plans as you never know in the future you may just need the few hundred ringgit you have committed to the bank.

well you have direct access or cimb right. If yes then you should know that when CIMB/Direct Access first introduce BT last year with 0% it was initially for new applicants only.

OT:
Dear erry, I know you have good intention to assist others (initially too eager maybe when you and persistence85 were spamming V13 like hell as if both competing to see whose post count can increase faster ) but maybe you should refrain yourself from commenting on the subject of BT. Others share their actual experience on a particular BT plan whereas you would advise others based on what you read or hear say and may not have the entire picture For example, someone asked what is the best BT plan in the BT thread and you replied one of them was Alliance Bank 0% 12 months. Did you know that Alliance Bank got penalty of 5% of the Balance Transfer amount if settle in full early? Your post above in reply to chem reply just shows you post for the sake of posting. Moreover you have announced that you never planned to do BT

Now don't get me wrong, some of the posts you posted are extremely informative as you do go take the trouble to go search on what are the options available when answering people's question and I hope you do continue assisting other but just refrain from making comments and or advise if you have not experience/use it to avoid misinforming others.

and can you stop using the smiley all the time which I think you are using it without sincerity

Got confirmation but still gold card, this is bad.

Before CNY, CS confirmed my application back to Gold. At first was kind of pissed off but then after thinking about it, hey I don't mind the gold card if they approve it and apply for another plat. In 2009 I had both the MBB Petronas Gold and Plat, long story but the fact is one can have both gold and plat cards with MBB. So I called Amex CS and they confirm can do the same for MBB Dua. So faxed over Plat application on CNY day itself as damn free and got a called on 5th Feb by MBB staff, which was kind of a plesant surprise, to confirm my Plat application.

Yesterday called Amex and system shows my card beig process for Plat and Gold application removed I just have to wait and see what happens.

No lah, MBB increased my CL too last month.

1.5% for education is good. After reading the T&C (click here for OCBC GE T&C)noted the following:

Annual fee RM68 and RM138 for GE Titanium and Plat respectively.
Max Education and Medical rebate per month RM250 and RM200 for GE Plat and GE Titanium respectively.

My comments are as follows:

1. For medical most private hospital accept Amex so go with Maybankard 2 Cards.
2. Say get GE Titanium where annual fees cheaper and only income of RM36K to qualify, max rebate per month for education is RM200 or up to RM13,333.33 tuition fees you get rebate.
3. Based on the annual fee of RM68, your tuition fees need to be more than RM4533.33 per year to get same amount of rebate to offset the annual fee.
4. Also have to consider RM50GST for principal and RM25 for Supp card. If one's tuition fee is more than RM10K/year then GST will be waived by OCBC for Principal Card (got to check does this mean your dad got to charge the card?). So got to consider Supp card RM25 GST too.

So for the case of RM9000, if charging it once a year not suitable because Annual Fee + GST (Principal and Supp) = RM143 and cash rebate is RM135. If you charge twice or more a year then the card makes sense.

You are right, there is not much diff comparing Gold vs Plat for points or contests.

and cannot use for clubbing

This post has been edited by Gen-X: Feb 11 2011, 11:20 AM

That's the risk for the one applying for the card to take.

Visa and Amex definately have the edge over AMEX because most insurance and schools don't accept AMEX. But my son Uni in US does accept Amex and MAsterCard (no Visa) through a 3rd party and they charge 2.75% for convenience fee and adding that to our local AMEX 2.5% fee, boy, that's more than 5% extra, so I buy bank draft cheaper.

you really penyibuk lah last time asked me no need to work ar and now ask this, well you can get some clues from my posts in my other blog http://ringgitwisefool.blogspot.com. Anyway my lastest post is titled GenX GenY and GenZ and I presume you are GenY like my son but he cannot qualify for a principal CC yet because of his age.

true, got free annual fee waiver for OCBC cards.

Only thing is he said he got supp, let's say if his tuition fee is RM9K per semester and minimum 2 semesters in a year, and he swipe using his supp card, the annual fees for principal and supp should be waived for the Titanium GE but what about GST for principal? Better to confirm this when want to apply for the GE card. His supp definately qualify as swipe more than RM5K. Another thing, OCBC stated it as a promo, how long it last is not clear unlike OCBC Titanium where it is stated clearly as a card feature where GST is waived if spend RM10K.

if you have not called your card CS, no harm in calling to request for CL increase if you want it badly instead of waiting for them to increase it (which most banks would if you are a good pay master and use the card often). You can also tell CS about your commission slips and I don't see why it can't be taken into consideration if your commission is consistent monthly.

if you had not read my review on Maybankard 2 Amex, Visa and MC, OCBC Titanium Mastercard and Citibank Platinum Cash Back credit card, click below links:

Click here to read about Maybankard 2 Cards versus OCBC Malaysia Titanium Mastercard.
Click here to read about OCBC Titanium versus other cash back credit cards.
Click here to read about Citibank Platinum Cash Back.
From the little info you mentioned, if you want to get 1 or 2 cards then get both MBB Dua and OCBC Titanium as they are free (OCBC just need swipe 12 times). If you have to choose between either one of these and you won't be spending more than RM1K per month on groceries, petrol, utilities bill and dining, I think OCBC better because it gives you 5% cash back everyday so for utilities bills the card is good and the card do not "control" you where you must wait for weekends to get the 5% cash back from MBB Dua. One more thing is OCBC you can get 5% cash back at Petronas whereas MBB Dua Amex most likely won't be accepted.

I was at a Starbuck outlet yesterday in PJ and got 10% with DA. I thought the offer over already for Starbucks.

MBB Dua Visa and Mastercard are not entitled to the 5% cash back nor 5XTP, only for MBB Dua AMEX.

This post has been edited by Gen-X: Feb 12 2011, 03:18 AM

got OTP also not secured. There must be a lot of fraud cases with the OCBC CC or else why would they be suspicious?

yah, headache if got auto debits.

After reading above two posts, I must go reduce my OCBC CL in half.


Last month posted here how people can extract info from our Visa Wave and MAsterCard Paypass credit cards. Just need a laptop and a receiver just like in the shop. Come to think of it, that would also mean that the merchant will have our personal info when we use the Wave and Paypass feature (?) Any merchant can confirm what info can be seen in their computer?.

Anyway got another email on on card cloning, Click here to my blog to see how credit cards are cloned.

This post has been edited by Gen-X: Feb 13 2011, 09:33 AM

People always coming asking about applying their first credit card and how to increase credit limit. Well I have just finnish writing about it and as usual I can write a bedtime story from a simple question .

Click below link if you want to know more about income requirement for different types of cards, examples of how one ends up in debt with credit card, credit limit questions and me talking kock. Article full of me blah blah blah and you may want to bookmark it as a refernce later on

Click here t o read my article titled Malaysia Credit Card Annual Income Requirement & Credit Limit


That's good isn't it, I want the MBB 2 cards

This question is subjected to what MBB card you use.

For example with Maybankard 2 AMEX with 5XTP it is equivalent to approximately 2.5% and for the Maybankard 2 Visa which gives 1X TP for every RM1 spent, it is about 0.5%.

Not only me, wshoh also, CS confirmed Plat more than once but got Gold.

Yah, do not apply thru the phone especially if you have a Amex Gold CC as the application will auto be Maybank 2 Gold (winner, wshoh and myself) even if you got Plat MBB Visa like me.

Click link below to my Maybankard 2 Card post at my blog where there's a link for the application form and the fax number to fax to. Also the form you can fill supp card whereas phone you cannot apply for supp.

http://creditcardsmalaysia.blogspot.com/20...an-express.html

1. Ask the bank and if you want HLB, PBB and OCBC you can pledge FD. No need worry about proofing salary. Ask if MBB can and report back here.
2. Ask the bank and if pledge FD then no need further documents.
3. NA
4. Go to the MBB Branch nearest you. Read my blog below last paragraph. Tick in the box the card you want and make a copy of the application.

http://creditcardsmalaysia.blogspot.com/20...ual-income.html

by the time you register today and go spend RM1K with your MBB 2 AMex, the qouta would have been finished

go and read the AMEX thread, there is a monthly quota lah. In January quota finish on 24th if not mistaken. This month I expect faster as long holisay so many go outstation/holiday.

you sure or not cannot apply same time? I check with CS can. 2 years back I had both MBB Gold and Plat Petronas. Same thing, where I have both AMEX Gold CCand Gold and Amex Gold Charged Card, MBB called me more than twice to offer pre approved Amex Plat CC and Plat Charged card but turn them down.

Presently I got MBB Petronas Plat and MC Plat and AMEX Gold CC and AMEX Gold Charged Card.

Anyway, my application for MBB Dua is so damn frustrating.

1. Apply MBB Dua on 18th Jan 2011
2. Then found out was for Gold MBB 2. Call Tele-marketer and keep checking and keep calling her.
3 Week before CNY week Gold application withdrawn.
4. Monday before CNY call Amex Tol Free CS to check and application back to Gold After thinking about it, ok lah, approve Gold also take and asked CS can apply for Plat? CS confirm can.
5. CNY apply for MBB 2 plat by fax.
6. Then last week check with MBB Plat Tol free and was told application for Plat MBB 2 in process in system 8/2/11.
7. This Monday check with MBB Plat Tol Free was for Plat pending docs. Ask CS go ask processing officer call me, what docs they want.
8. Today - call MBB Tol Free afternoon line engage so call Amex Tol Free pressed 2 for Gold services. Ask CS check and was informed approved for MBB 2 Gold yesterday
9. Then thinking about it, when I call AMEX Tol free line always Gold application. So I just called MBB Plat Tol Free line at wah lah CS confirmed MBB 2 Plat approved yesterday also

Now I have to just wait and see what cards I get.

As for air ticket, travel agent accept AMEX besides Mayflower?

As for MBB IT department, well don't be surprised if they adjust it later on as the card is not entitled to any extra points.

This post has been edited by Gen-X: Feb 16 2011, 08:53 PM

Agree with Miles, for shops offering discount for Citibank cardholder, then Citibank the best compared to other cards But just want to clarify, I mentioned before that in Singapore noted many shop offering discount for Citibank and I cancelled my Citibank last year so did not get any discount. Also noticed that DBS/POS give a lot of discount in Singapore but that's a Singapore issued card. I only benefited using my UOB once at Singapore at Somerset 313 last year where they gave voucher for spending with UOB card.


My comments for Maybankard 2 Amex Visa Combo vs Citibank Platinum Cash Back for overseas and even locally I would say Maybankard 2 better. Reasons as follows:

1. MBB rate for Visa/MC lower than Citibank rate.
2. Citibank Platinum Cash back only gives you 0.3% cash back vs Maybankard 2 Visa/Mastercard 1X points so can get returns in terms of vouchers equivalent to 0.5%
3. As for Maybankard 2 Amex vs Maybankard 2 Visa/MC, it will work out roughly the same I think because with MBB 2 Amex you get 5X = 2.5% return with voucher = same rate as Amex admin fee for overseas. Same thing for MBB 2 Visa/MC, 1X TP = 0.5% in terms of voucher = MBB admin rate 0.5% (but ronnie recently posted 1% if not mistaken)

If you really go overseas often, get Maybank Platinum MC where you get 2X points or CIMB World Master Card where you get 2X bonus points or EON Bank Visa Signature where you get 2X points plus 1% cash back.

click here to read my 2nd post on Overses Transactions at my blog.

From above post, you can observe that will the converstion rate for MBB Visa and CIMB MC almost the same for my transactions on 26/11/10. And also OCBC TMC and CIMB WMC rate almost the same.

As for AMEX, the rate varies, don't know how to explain. Below link to 1st post at my blog on overseas transaction. See Amex transactions on 12 Aug 2009, all at Universal Studios LA because AMEX official card and get discount for purchases. The conversion rate varies between 1.57% to 2.53%.

click here to my 1st post at my blog on overseas transaction. Note: Alliance rate have increased since then.

I was in Singapore last month for a day trip where I used my MBB Petronas Visa, MBB MC, DA/CIMB WMC and Alliance MC. check my blog end of month to see comparison between these cards and to compare Visa vs MasterCard rate.

For those interested in EON Visa Signature and Citibank Platinum Cash Back, click here to read more about it.

This post has been edited by Gen-X: Feb 17 2011, 08:20 AM

From the very start I knew phone application troublesome as I mentioned in my blog on Maybankard 2 Cards and where I said the apply via fax more reliable. Deserved it as was lazy, hahaha

I mentioned above I faxed Plat application on CNY lah, now AMEX Tol free line CS said system shows approved Gold Card, MBB Tol Free line CS said approved Plat card. Who to believe? Me hoping to get both Gold and Plat, hahaha

This post has been edited by Gen-X: Feb 17 2011, 10:20 AM