The respond i received is Petronas officially accepts Amex but not at the pump. Can you provide some specific location of petronas stations that do not accept Amex? Thanks
http://forum.lowyat.net/index.php?showtopi...post&p=41080817

Why not at the pump ah, i dont used AMEX card anymore cancel already. Just merely wanna know what happen?

The thing is, majority do not accept even at the counter too. No idea what happen..

Just switch to SHELL, ESSO/Mobil etc. Problem solved

What is the credit limit for platinum??

I think there is an issue between AMEX n Petronas not that the pump can support it. What I assume is the merchant fee or chargeback (dispute/fraud cases), may be only not sure.

If MBB really want to boost the revenue of Amex (we can see the intention from the launching of Maybankard 2), hopefully MBB can utilize its influence to help Amex offer even better merchant program than Visa/MC. I don't really understand how this merchant program works, but this is just my wish.

Should Amex continue to sacrifice revenue due to high merchant fee? I think this will require discussion in Amex (USA)?

This post has been edited by chemistry: Mar 29 2011, 11:03 AM

How i wish also, but i can tell you it a Branding Image issue, if they lower the fee they cant hold their prestiges image, beside AMEX card is known as up market card. so it a chicken and egg thingy, where you want $$$ = lower the fee. Keep the Brand image = lower $$$ but give better customer experience.

Dont forget AMEX have platinum & centurion charge card customer also. you know what i mean.

dont u guys think they should actually implement the rebate system such tat we r allowed to get rm600 of rebate a yr rather than capping it at rm50 a month.
by allowing rm600 a yr of rebate, tat would encourage ppl to spend more rather than limiting to just getting rm50 a mth.

I think this is no good to the bank's cash flow.
Imagine 100,000 M2Amex cardmembers spend RM12,000 in first month, MBB will need to pay out RM60,000,000 in one shot

well allowing rm600 rebate a yr doesnt mean they have to pay everything one shot.
wat i mean is we r not tied to spending due to the rebate policy but they can always pay the rebate rm50 monthly.

this is a good idea.
but it sounds like cardmembers will need to remember how much rebate has been accumulated and credited.

i dun mind tat compared to having to plan every month on wat to buy and wat not.
one can also easily get few months worth of rebate in a single purchase like buying a laptop, an iphone or any electronic stuff for tat matter.

Bank gives out CC rebates to entice you to spend more and hopefully, fall into debt....

Only smart shoppers will think on how much spending to reach the cap.
I keep an Excel to track each card's usage in order not to overspend or or exceed the monthly rebate cap.
This makes us more discipline in using CC.

bcoz of tat reason, bank should give out yearly rebate at one go, rather than capping it at rm50 a month rite...

RM600 was what SCB JustOne Titanium gave out... see how it turns out. STOP APPLICATION !!!

how about OCBC ? how can they survive so long until now ?

They pay RM50 a month only.
100,000 Customers x RM50 = RM5 million only per month....

but did OCBC Titanium collect that much money from their merchant fee ? i know OCBC didnt send printed statement in order to cut cost and no brochure to redeem anything coz Titanium dont offer bonus point

100,000 customer x RM 1000 spending = RM 100,000,000 x 3% merchant fee + Daily Interest + Late Payment - RM 5mil Cash rebate, so what u think?