I actually filled in the "I'm interested" form and received a follow-up call from MBB CS officer the following day.


The same applies to housing loan. If you have just applied for a housing loan from the bank not long ago, you cannot apply it again from the same bank within a specific period regardless of whether your previous application is approved or not.

1. gst will be charge upon CC approval, once u received the CC, then u will be charged with GST.
2. No offer from HSBC for new card application. If you not using it yet, u can request to cancel it.
3. HSBC give 2.5% rebate at Caltex (min accumulate is rm200 within statement date, get back rm5).

OCBC Titanium MC is the best petrol rebate card, 5% at all station.

My fiancée received a SMS from HSBC sometime last week wherein GST would be waived/absorbed by HSBC. Don't know if it is only for selected customers but one thing I can be sure of is that ever since I gave her a supplementary AMEX Gold CC, it became her primary card and the HSBC was only used (rarely) for dining offers or where AMEX is not accepted. Perhaps GST was waived to encourage card usage?


BTW, I also receive a Sorry Note from Poslaju yesterday (8.2.2011). They attempted to send my MBBKard 2 to my home - had actually requested (in writing) that MBB send the card to my office!

Somehow, AMEX CS isn't updated with the latest information as when I telephoned yesterday evening, I was told that the physical card is yet to be ready although it has been approved since 29.1.2011 and so I requested for self pick up at MBB HQ, Jalan Tun Perak. Anyway, shall wait for the card to be re-directed by Poslaju now. Hopeful to receive it this Friday so that I can use it on the weekend.

This post has been edited by wshoh: Feb 9 2011, 10:32 AM

That's the first case I heard for HSBC. By the way, is your fiancee HSBC Premier customer?

No, not personally. She only hold a HSBC Visa Classic! Was offered Gold but she turned it down - so far, they have not even increased her 4-digit CL! Anyway, she already has a supplementary DA World MC from her dad with more than sufficient CL. She does have some FDs in joint-name with HSBC though - will verify if it is HSBC Premier.

Will post SMS contents from HSBC when possible - she is now overseas.

This post has been edited by wshoh: Feb 9 2011, 10:44 AM

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

hi, wanna ask about balance transfer of credit card. if i got 3 credit card. Credit Card A have 5k debt, then i BT use credit card B and C. If both credit card B & C i BT　5k each to Credit Card A, then meaning that my Credit Card A will receive 10k, possible this happen?

the simple answer is NO.

u cant BT more than outstanding (debt) of the card.

Just my 2 cents. I am no bank officer but I think there is such a possibility (of RM10,000 credited to Card A) where simultaneous applications for BT are made to both Card B Bank and Card C Bank (even though the only good enough reason I perceive for doing that is that one intends to do another BT in the very near future). Hmmph, let us forummers not be judgmental and think this as a purely hypothetical question

If and only if both Card B Bank and Card C Bank approve the BT amount (say RM5,000 each as per timetravelller's example) at the same time, why not? Please feel free to correct the above if need be.

Not sure if this would be considered unfavourable credit card account conduct - which puts you at risk of application rejection.

While your answer is the correct one, I suspect erry answered his way because he didn't want to affirm the idea of giving more rope for someone to potentially hang himself.

Yes ... such answers are unfavorable in here.This thread serve to educate on good usage and general info of CC and not to help people create more debt.
The people who give answers normally answer without malice but sometime the one asking the question intends to maneuver around the system and/or create more debts.

Yes, it is highly not recommended to have this kind of thought when doing BT. Some banks do accept BT more than outstanding balance but this is one of the root causes of debt and financial burden.

Dear all,

Need to seek some advice and suggestion regarding to new cc application for fresh grad.

I've been working for 5 months now and am looking for my first credit card for normal usage (i.e petrol, grocerries and dining). If possible have wide options for 0% installement plan.

I'm currently earning RM2300 basic a month and I'm wondering which bank and type of card should I apply?

Heard that first time application especially fresh grad is rather hard to approved as compared to existing cc holders. If it's so, which bank would most likely have the higher chance of approval?

Thanks in advance,

K

Well said charymsylyn and hye. It didn't occur to me after the education I received here on how to take advantage of 0% BT (by depositing the funds meant for CC payment into FD instead) that a good number of people who visit this thread do not read through all the pages and live beyond their means.

Thus the many 0% IPP etc posts as well as the many repeated and tiring questions - I think we can post a standard reply next time "Please refer to Gen-X's blog."! "Please read the 1st post before posting" in the title doesn't seem to work.

MilesAndMore, you may wish to (a) reserve the 2nd post of Credit Card v15 for FAQs, (b) suggest that 1st time CC applicants with Degree look at DA (Direct Access @ CIMB) and © link erry-'s wiki (in forum style) OCBC Titanium Mastercard, all about this card

hello,

i jz received a call from CPP (Card protection plan) RM98 for a year that cover fraud cases/lost wallet.. sounds like insurance to me, but he claimed it is not, coz we dont need to pay monthly, just RM98 for single or RM118 for household coverage.

Is this worth it?

http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

u can check here, theyre like MEPS i think?

n 1 more question...

is it safe to give credit card number to people over the phone? (if theyre calling from the bank? or theyre calling from an agency? like MEPS or CPP?)

I was asked for CC number and valid thru date..

thanks.

wanna ask the min req salary for cards, lets say its 30,000p.a., and my company gives 13month salary, so i divide that amount with 13?

and also can i include fixed allowance(not basic pay/OT claim, etc) to that amount?

yes, dont create more debt!

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Added on February 9, 2011, 1:18 pm
min salary p.a means for 12 months.

actually bank just need ur 1 month salary amount. so when it is said 30k/year means need min rm2.5k/month.

so if u can supply 3 months latest payslip with rm2.5k/month, u are qualified already

This post has been edited by erry-: Feb 9 2011, 01:18 PM

for me, CPP is insurance, but for ur credit card protection only, with 1 time payment.

its up2u actually want to subscribe or not.
if u, are the type of always checking ur wallet and credit card (physical and online banking), then no need.
means, if u noticed ur card is missing, u can call the bank immediately to block the card (before the card can be swipe out there).

it is better not to give credit card number when receiving call.
(ambank got case their cust received call from their helpline number 603-2178888, which is their real number, but that number only for receiving call, not calling! the caller actually is a scammer/thief).

---

Added on February 9, 2011, 1:29 pmmy advise is to tell the CS that give u a few minutes then u will call him/her back (ask their name or extension number).

call back using confirm real number (in ur example, as stated at the URL), not from the number they called u, and ask to talk with the agent that just called u (tell the name or extension number).



This post has been edited by erry-: Feb 9 2011, 01:29 PM

i just want to know the possibility of doing this way. if u can manage ur finance wisely, it could be wise to do that. i'm asking this because of some credit card only provide for 0% BT for fresh application. So if i got 2 credit card approve and definitely i have to utilize this advantage to enjoy the benefit of 0% interest for a period. If it were possible, then how does the statement look like? negative balance?

what do u mean with 'some credit card only provide BT for fresh application'?

some1 here mentioned he/she did CIMB BT for more than once.

btw for ur question, yes, when amount paid is higher than statement balance, the new balance will be negative.

This post has been edited by erry-: Feb 9 2011, 01:34 PM