A big No No for Cimb visa infinite-I

apparently paying maxis bill via paypal wont get 5% rebate even though the transaction is classified under paypal transaction.. i was charged 0.8% for cross border fee for paypal but the cash rebate is only 0.2%...

This post has been edited by stuffx: Mar 1 2014, 02:09 PM

Let's say for CIMB Cash Rebate Platinum Credit Card,

Total Outstanding balance : RM500
Rebate : RM150 (Welcome Bonus)
Outstanding balance (need to pay) : RM350?

1. Is the rebate (Welcome Bonus) received offset the outstanding balance automatically?
2. Is it necessary to call CS to use the Welcome Bonus to offset the outstanding balance?

it will offset automatically without the need to call cs.

Why not?

Thanks. Actually, I assume the same. But, there are Finance Charges in my statement, even though I have paid fully days before the due date (considering the RM150 Welcome Bonus + money paid for the remaining outstanding balance). The amount of the Finance Charges is calculated to be for an overdue amount of RM150.

Called CS and he said with the rebate and money paid, it is considered fully paid and the Finance Charges will be credited back in the next statement.

With the reversal there will be no bad record, right?

to avoid all the trouble, you should have paid all the outstanding including the rm150 (if the rm150 welcome bonus delayed to show up in your statement). so when the rm150 is added to you later on, you can use it to offset your future transactions with the cc (unless you are not using the cc anymore).

Actually, I assume there will be no trouble at all because,

1. The statement date was on 28 Jan.
2. The RM150 Welcome Bonus was credited on 30 Jan.
3. And I made the remaining payment via CIMBClicks on 13 Feb.

All payments were transacted and posted before the due date, 17 Feb.

Anyway, it is just a sharing.

This post has been edited by lucas114: Mar 3 2014, 01:05 PM

yes, if this was the case (confirming rm150 was credited on 30/1), then it shouldn't be a problem at all.
this should be cimb problem then...

and yes, when the reversal takes place, you won't have a bad record.

Thank you!

hi Lucas,

When did you received your card and how long you waited for the RM150 welcome bonus to be credited?

i have waited 90 days, still haven't seen my welcome bonus...

TeraPox

it's time for v2 thread.

Hi,

I guess the approval for this card was on 8 Nov because GST was charged on that same date.

Got the RM150 Welcome Bonus on 30 Jan. That would be about 83 days.

When did you get your card?

Guy 1 question, I just get my platinum cash rebate. If i purchase flight ticket at expedia mean i get 10% upfront rebate and 5% cash rebate right?

Because Rm50 capped on airlines so I was thinking buy from expedia get more

My GST was charged on 22 Nov.

Time to call CS.

Thanks a lot for the info.

If you get from Expedia, the 10% upfront is based on your total ticket price but the 5% is still capped at RM 50. You should go calculate the different prices between both then only decide.

I just got my card last month, how to check if i am entitled for the Welcome Bonus?

mad spending 200k only can get priority pass renewal. Alliance visa infinite only need 30k annual spend.

You are welcome!


Erm, I was offered the card by phone calling, back in October. She offered me RM150 Welcome Bonus, with 3 swipes within 60 days from the card approval date. At that time, she said that the Welcome Bonus would be credited into my credit card account in 3 phases, each phase with the amount of RM50, starting from the third month. Somehow, within 90 days, the RM150 Welcome Bonus has been credited into my cc account, in a lump sum.

Where did you applied for your card?

I got the card via phone calling as well. But she didn't mention this to me.