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 Credit Card v14, Please read the 1st post before posting

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chemistry
post Feb 13 2011, 11:48 PM

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QUOTE(MilesAndMore @ Feb 13 2011, 11:36 PM)
@MGM, you should get the Standard Chartered Business VISA Platinum or Hong Leong Bank VISA Essential. Both of these cards give you 1% cash back (excluding petrol purchases).
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+1
MGM, consider it wink.gif
chemistry
post Feb 14 2011, 12:03 AM

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QUOTE(MGM @ Feb 13 2011, 11:54 PM)
0.75% and 1% not much different. Spending of RM10k gives rebate difference of only rm25, not even enough to cover GST. Better to target those cards that give high rebate like 5%. Balu u Bak
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Not change immediately mah...
Let say your Shell card anniversary month is December. You can try to apply SCb Biz Plat in October. If approved, then proceed to cancel the Shell card. Otherwise, not approved, just stick to Shell card lor biggrin.gif
Since you also have MBB2 Amex, Shell card seem useless already.

This post has been edited by chemistry: Feb 14 2011, 12:06 AM
chemistry
post Feb 14 2011, 12:09 AM

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QUOTE(MGM @ Feb 14 2011, 12:06 AM)
But my shell card gst can get waiver.
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OK, stick to Shell card better.
Anyway,I don't think Citibank will waive again. Just wait & see.
chemistry
post Feb 14 2011, 12:12 AM

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QUOTE(Xai-V-iaX @ Feb 14 2011, 12:09 AM)
Guys, the current M2 Cards comes in a pair of VISA & AMEX is it?
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As published in Maybank website, yes, it comes in pair.
chemistry
post Feb 14 2011, 12:23 AM

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QUOTE(Xai-V-iaX @ Feb 14 2011, 12:14 AM)
So when the MC comes out in April would we be able to get it replacing either 1 of the VISA or AMEX?
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As advised by MBB CS, yes you can do that.
But I will not do that. If you want MC+Amex, better wait until April only apply.
With MBB's efficiency, I don't want to take this risk.
chemistry
post Feb 14 2011, 01:30 PM

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QUOTE(timetravelller @ Feb 14 2011, 07:25 AM)
oic, thanks for reply. if i have 2 credit card need to BT, if 1 is above 1k, another 1 is below 1k, still can proceed? coz i see that 1 of the condition is that the statement balance must be more than 1k.
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the balance below 1k will disqualify.
pls note that the RM1K condition is per card's basis, not per request.
chemistry
post Feb 14 2011, 09:41 PM

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QUOTE(MilesAndMore @ Feb 14 2011, 09:32 PM)
I think that's the one. I can't find my original application form that i faxed to them. The original application form had the fax numbers printed on it.
Mine was approved in just 3 working days  thumbup.gif
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The fax number on my application form is 03-2283 6245 sweat.gif
chemistry
post Feb 16 2011, 08:58 AM

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QUOTE(zcatz @ Feb 16 2011, 08:30 AM)
my OCBC TC still give interest reversal for the month of Jan. i thought the interest free till Dec only. can anybody confirm?

thanks
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kindly please provide us the statement date on your statement. Thank you.
chemistry
post Feb 16 2011, 11:34 AM

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QUOTE(ben83 @ Feb 16 2011, 10:54 AM)
Do anyone know that booking air ticket via travel agent entitle for the cc insurance coverage? Or must we book directly from the airlines only entitle the coverage?

By the way, in a big dilemma whether to book with the Maybankard 2 AMEX (5x point + 5% rebate, cap at RM 50) or Maybankard World MC (5x point every RM 2 + insurance coverage of RM 2 million).
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Better ask the friendly & helpful Amex CS Officer.
Some credit card require the cardmember to charge full air fare to the carrier company, or purchase travel package from a 'recognized' travel agent. This you gotta confirm with CS.
chemistry
post Feb 16 2011, 11:54 AM

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QUOTE(zcatz @ Feb 16 2011, 11:36 AM)
this month statement dated 11-Feb-2011 get interest reversal + RM50 cash rebates.  rclxms.gif

last month statement @ 11-Jan-2011 also get interest reversal. + RM120 cash rebates  rclxms.gif
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Is your latest statement amount totally interest-free?
I thought it was 50% cashback of applicable interest charge, but it seemed I was wrong.
chemistry
post Feb 16 2011, 12:27 PM

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QUOTE(zcatz @ Feb 16 2011, 12:19 PM)
yups...totally interest-free. (interest reversal = monthly interest).
i also thought it was 50% only.

hope no adjustment next month. hehe..
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but you were quite daring hor? Hehe..
You knew there might be interest charge, but you still paid only 5% minimum.
chemistry
post Feb 16 2011, 01:09 PM

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QUOTE(zcatz @ Feb 16 2011, 12:59 PM)
pay more then 5% la..but not full amount. just want to test the calculation.
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So are you going to do the same test for this month's statement? What's the point?
chemistry
post Feb 16 2011, 07:51 PM

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QUOTE(simplesmile @ Feb 16 2011, 07:46 PM)
Need help. I recently applied for the OCBC Titanium. According to the promo, I am entitled to 6 months interest free balance transfer right?

So I transferred RM12,000 balance to this card. On top of that, I swiped RM1,874.54
I got a rebate of RM42.15
The statement says minimum payment RM695.00
What is the minimum I should pay so that I don't get charged any interest?
Is it (RM1874.54 + RM600 = RM2,474.54)?
The RM600 is 5% of the RM12k balance transfer.
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You should pay the retail trxn in full ie. RM1874.54 - RM42.15 = RM1832.39, PLUS 5% of 12k ie. RM600.
So, in total you should pay RM2432.39, in order to avoid being charged interest.
Pls note that only the BT amount is interest-free, not the retail trxn.

This post has been edited by chemistry: Feb 16 2011, 07:52 PM
chemistry
post Feb 17 2011, 09:51 PM

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I got two different answers from Maybank CS yesterday and today.
Yesterday said UNSUCCESSFUL.
Today said PENDING.
What is all this... sweat.gif

This post has been edited by chemistry: Feb 17 2011, 09:51 PM
chemistry
post Feb 17 2011, 10:14 PM

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Previously I mentioned that the 3% (+2% for selected cardmembers) cashback given by OCBC did not tally with my calculation. Yesterday I made up my mind to file a dispute to the bank. The CS promised to investigate and would call back on the next day.

And yes, she did call back today. She said OCBC will credit back the rebate in next statement. Yoohoo! rclxms.gif
chemistry
post Feb 17 2011, 10:28 PM

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QUOTE(ben83 @ Feb 17 2011, 10:22 PM)
Same thing here. So the extra 3% for online bill payment is on top of the RM 50 cap?
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I guess so.
The rebate was called "3% INB REB : OCT-DEC2010", different from "5% Cash rebate" and "1% Cash Rebate".
chemistry
post Feb 18 2011, 01:14 AM

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QUOTE(sweetpea123 @ Feb 18 2011, 12:40 AM)
certain cards on certain days ONLY. eg, I use my Direct Access Master on Sunday to buy RM1000 worth of vouchers from Tesco, I get a rebate of RM50 the follwoing month. DO KEEP IN MIND the maximum cap each month though smile.gif.
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I bought RM1,000 worth of Milo and find sellers among neighbours tongue.gif
chemistry
post Feb 18 2011, 05:49 AM

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QUOTE(ruztynail @ Feb 18 2011, 02:39 AM)
hmmm wondering... i jus got my ocbc statement.. statement date is 12th of feb. but i received and activated my card on the 26th jan.. isnt it supposed to be a month in between.
can i change the statement date? tried calling but CS said only tmr shift can help me with it..
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I think your situation was shared by many OCBC Ti cardmembers where statement was received shortly after receiving the card. You may change the billing date by calling Card Centre.
You may want to get the new Maybankard2 Amex to maximize the savings from Parkson (especially on weekends) wink.gif
chemistry
post Feb 18 2011, 10:10 AM

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QUOTE(mustang @ Feb 18 2011, 08:36 AM)
Some questions;
01. Any ways to know which MCC code a particular merchant belongs to instead of knowing it at the end month statement in the bill.
02. I get to know OCBC paymaster facility will give additional cashback if we subscribe certain bill payments but what about direct auto debit from the merchant itself? [eg: I enrolled in Maxis auto debit]
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1. No way. We can only use common sense to guess the merchant category, which can subject to error. In other words, good luck.
2. Are you sure OCBC PayMaster give 'additional cashback' on top of 5%? How much % is it? I need a black & white statement to believe.
chemistry
post Feb 18 2011, 04:38 PM

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QUOTE(ronnie @ Feb 18 2011, 04:07 PM)
My colleague's TM auto-debit with OCBC PayMaster directly gets 1% rebate only  vmad.gif  mad.gif
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I subscribe to AutoPay via fax to TM, and have been receiving 5% cashback every month.

Maybe TM use a different MCC when processing autopay via OCBC PayMaster.

On another note, when I purchased iTalk card from TM Rewards website, the merchant name was 'TM NET e-Payment Cyberjaya', and cashback given by OCBC was 1%.

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