Express Autopay is very common among Amex cardmembers, it should not encounter any problem. Why are you asking this?

Regarding iTalk, no, thanks.

I am not Amex cardmember, but I can be sure that TNB accepts Autopay by Amex. Many forummers here are doing that.

If you want an answer from an Amex cardmember, then please proceed.

Have you tried the card at cashier counter?

HLB Launches New Fortune Credit Card

A Hong Leong Credit Card that offers real cash earnings every time,
anywhere you use it

Kuala Lumpur, 19 February 2011 - As competition intensifies in the market, Hong Leong Bank (HLB), continues to innovate by developing a brand new Credit Card that would meet the tangible needs of its customers. The Hong Leong Fortune Credit Card in association with Visa International, is the first-to-market credit card to offer customers real cash.

"Instead of reward points or cash back for the usage of the card, customers will now receive real cash earnings which will be accessible to card members anytime, anywhere via HLB's wide network of ATMs," said Ms Moey Tan, Hong Leong Bank's Chief Operating Officer for Personal Financial Services.

"From our proprietary research, consumers are keen on the concept that they get to enjoy rebates from all retailers with no specific time/days constraint. The basic consumer expectations from a credit card lies in the simplicity, flexibility of spending habits and more savings compared to existing cards in the market," she added.

Another attractive feature is a high credit limit which may be offered to match the financial needs of new Card members. Targeted at those who are yet to become Hong Leong Credit Card members, the Fortune credit card offers other great benefits, some of which include:

* Travel Protection Plan - when Card members charge their air tickets to their Hong Leong Fortune credit card, they are automatically insured for up to RM500,000 via the Bank's Travel Protection Plan. The Plan also reimburses Card members for any inconveniences experienced during their travel such as luggage delays, lost luggage and delayed/missed flight connections.
* Free KLIA Ekspres return ticket - Card members who purchase economy class air tickets/packages worth RM3,000 and above from Hong Leong Travel Services will enjoy a return KLIA Ekspres ticket absolutely free.

"We are at the forefront of developing and addressing the ever-changing needs of the market by designing new and relevant products for our customers. We will continue to bring innovation to the mass affluent segment," she concluded.

To apply for the Hong Leong Fortune credit card, visit any of HLB's branches nationwide, Open Houses and roadshows, or call 1-800-38-8888 or log on to www.hlb.com.my.


-END-

Press Release - 19/02/2011

Did you ever click the link and read the details?

1% Real Cash Earnings on your purchases*

Whether it's shopping, dining, petrol or anything else, you will earn 1% cash for every Ringgit spent. E.g. RM100 x 1% = RM1. Spend more, earn more.

Earn interest on your Real Cash Earnings
Your Real Cash Earnings balance will also be earning interest (interest rate is based on the prevailing Hong Leong Bank 3-month fixed deposit rate).

Up to RM1,800 extra Real Cash Earnings on your card's anniversary
Extra earnings are based on your total annual retail spending, up to RM1,800 in real cash.
Total annual retail spending Bonus
Equal or more than RM38,000 RM280
Equal or more than RM68,000 RM880
Equal or more than RM108,000 RM1,800

Spend more, earn more
This is an example of how your Real Cash Earnings can grow in a year.
Monthly retail spending RM3,500
Monthly Real Cash Earnings RM35
Total retail spending in one year RM42,000
Total Real Cash Earnings in one year RM420
Extra Real Cash Earnings received on your credit card's anniversary RM280
Total interest earned (no withdrawals made from earnings account) RM6.03
Total Real Cash Earnings RM420 + RM280 + RM6.03 = RM706.03

Your Real Cash Earnings never expire
The cash you earn is yours to use as you wish. Withdrawals can be made anytime at any Hong Leong Bank ATM

Higher credit limit
Enjoy more spending power with a higher credit limit of up to 5x your monthly income

Conditional Free-For-Life card membership
As long as you use your Hong Leong Fortune Credit Card twice a month or spend a minimum of RM8,000 a year, you can continue enjoying all the benefits that come with being a cardmember - free of charge for life.

Global acceptance
Your Hong Leong Fortune Credit Card is backed by Visa, the world's most popular electronic payment card brand that is welcomed by millions of merchants world wide.

This Fortune card is good for those who easily spend above RM3,200++ in a month.
Because, an annual spending of RM38k is entitled to additional bonus of RM280. Spend more, earn more.

On top of that, cardmembers get to earn 10% p.a. interest on the accumulated cashback.

---

Added on February 18, 2011, 10:39 pmbased on monthly spending of RM3200,

An MBB2Amex cardmember gets to earn RM50 (weekend cashback of the first RM1000 spending) and 16000 TreatsPoints. If 16k pts can redeem RM80, so the total cashback will be RM130 each month. Annualized cashback will be RM1560.

An HLB cardmember gets to earn RM32 cashback monthly, which implies RM384 per year. On top of that, there is yearly bonus of RM280 (for spending more than RM38k). Total cashback+bonus is RM664.

The conclusion is, Maybankard 2 Amex still wins hands down over HLB Fortune.

This post has been edited by chemistry: Feb 18 2011, 10:39 PM

i think the word "daily balance" refers to earned cashback.

Force the cardmember to open new savings account (if he/she has not had one) and charge fee on Debit card?

I would say Fortune is not a challenge but complementary to OCBC Ti.
After max out the OCBC Ti's RM50 cashback then only turn to Fortune.

Absolutely true. "Depends on individual"
For me, I don't mind taking 1 minute or two to jot down on my mobile phone whenever I make a card swipe. Maybe I am too free to do so.

I may or may not do this job in future. Who knows

It depends on how you look at its features.
From the cashback point of view, its uncapped 1% is attractive.

However, a housewife (for example) who spends RM500 every month at hypermarts would rather get a CIMB Classic Mastercard which gives 5% cashback at Tesco/Giant on Sundays.

Citi Cashback Platinum is certainly better than Fortune card, if you spend mostly on certain merchants which give higher rebates.
Meanwhile, OCBC Ti is only good for spending of RM1,000 in Fuel/Dining/Groceries/Utilities.
If you are eligible for OCBC Titanium & MBB2, get these cards first. If couldn't get, then only look for alternatives.

I think "Free For Life" is no big deal nowadays, given that most cards require just 12 swipes per year (which is very easy to achieve) to qualify for annual fee waiver. Unless you don't intend to use the card.

This post has been edited by chemistry: Feb 19 2011, 01:21 AM

Are you OK with this?

It's already credited into my card account ! Well done OCBC CS!

The Premier Debit Card has high income requirement, hence not suitable for Classic/Gold card applicants. This Fortune card will appeal to those earning 30k & above yearly. Among the cards with this income requirement, MBB2Gold is first choice, then Fortune, then SCB Biz Gold, HLB Essential, etc...

Hye said "normally 3x-5x", didn't rule out possibility of unusual high CL.

Ok
Enjoy your weekends.

haha, calm down bro.
You are expert in cards and I dare not to challenge your sharings. I apologize for my ignorance, sorry.

But one thing to clarify is, I am not promoting any card. Watch your words.

This post has been edited by chemistry: Feb 19 2011, 08:15 PM

If my replies sounded like promoting HLB Fortune, I must apologize for the mistake. In fact I really don't like the card.
I shall stop mentioning HLB Fortune to prevent further misunderstanding.
Bro Gen-x, pls accept my apology. Pls continue to share your valuable opinions. Enjoy your weekends.

Please do not pay bills via PosOnline using cc, as you will be charged 2% admin fee. And if you think you still earn 3% after deducting the admin fee from the 5% cashback given by OCBC Ti, then you're wrong, because the transaction is named as 'Pos Online' instead of the name of utility provider. As such, in the end you still lose 1% because (1% minus 2%). Could be better if pay via Online Banking (direct pay by Savings/current account).

---

Added on February 20, 2011, 10:04 amWonder how HLB Card Agent introduces Fortune to the people. I'm sure many will be confused by the complicated features. Having said this, Card Sales might think of a 'creative' way to promote the card, trying to simplify the features so that easy to 'understand' but in fact misleading.

This post has been edited by chemistry: Feb 20 2011, 10:04 AM