Agree! I even asked the bank to reduce my CL last time... this help us to better control the spending we can always ask them to increase our CL temporarily whenever we're going for holiday abroad...

Yeah. The majority of us are after the 5% cash back only and will switch to other credit cards once we hit the quota for the month.

I just called CS to reduce my CL to RMX8, however according to her, the Statement will still reflect my current CL even though it has been reduced. This is because should I want back my original CL, it will be reinstated.

Mine is even lower

any idea of any OCBC roadshows in klang valley? My gf wants to apply 1 but she wants a free gift...

I do that too. So that we can earn points on other card. M currently applying the MBB Duo card, cant wait for it to get approved and arrived. haha

roadshow cc agents are not easy to follow up. If they don't do their job properly, we can't do anything.
Nowadays ppl are too pampered by freebies. Applying cards also want gifts, OMG.
I wonder what would she want if she is to buy new car. Free GPS, free bodykits, free tint, free sport rims, free insurance, free umbrellas, free Rain-X?

They are 2 types of CL reduction, namely permanent or temporary reduction. I opted for permanent reduction, as I do not like to see a high limit shown in the BNM credit report, for a card that I do not get any benefits at all after my spending has hit the maximum RM50 cash back per month. The CL of my OCBC Titanium is only RM6,000 now.

does that have any effect? lijke income tax can chase you? else why reduce?

Interested to know what is yours reasons to reduce CL of your CC ? For security reasons ? Please share.

What kind of disadvantage one would have by having high limit in BNM credit report ? Please share.

Apart from security reason, another 2 main reasons are: 1) to reduce credit exposure and 2) the card does not give any further cash back or points if your spending has hit the maximum cash back of RM50 per month. For the worst case scenario, if you only swipe the card at merchants entitled to 1% cash back, the maximum spending per month entitled to cash back is RM5,000. What's the point of having a high CL for this card?


You will have a high credit exposure via "potential debt", thus effecting your chances to get a bank loan.

Thanks for sharing. I think CC that gives unlimited rewards points (Amex,HSBC etc) or 1% uncapped cash back(HLB essential) should maintain highest possible CL for big ticket item like 10% down payment for the new property launching, tuition fee, long distance air ticket for family, tour package for family, insurance premium, new car down payment etc etc.

It is true. But it is not the case for cards that give cash back cap like OCBC Titanium MC.

Got a SMS from OCBC that my Titanium card has approved and it's on-the-way to my house

Will switch to this card once I got it and then, cancel my Citibank cash back card...

5% Cash rebate & 1% Cash rebate - Terms & Conditions
http://www.ocbccards.com.my/titaniumRebates_tncEN.aspx

From what i know..
OCBC Titanium if you spend RM10,000 a year with it, they will absorb the RM50 government tax. How about the upfront Rm50 GST once the card is approved? Any ways to waive that ?

You have to pay RM50 to enjoy the total RM600 (12xRM50 per month) of rebates lah...

for big item purchase, you may still use M2Amex which gives 5X TP (equivalent to approx 2.5% cashback).

If that merchant doesn't accept Amex, then only use Visa/MC lor... I have SCB Business Plat for this purpose.

So far all my big ticket purchases no chance to use Amex.

Whats the SCB Business Plat advantage, if u dont mind me askin?