hi, i am applying for the HLB Fortune card with 1% cash back. Any comments on this? whether it is good or not? is there a minimum amount of usage in order to get the cash back?

This post has been edited by jurne: Mar 5 2011, 01:42 PM

y not try pbb which rebate 8% cash back?

pbb 8% cashback is on the first month only right?

Read the T&C carefully before apply. Get some idea on how the card works for you.

Be noted that the cashback will have to be accumulated until RM10 then only will credit to you. Coming year 2012, the threshold will revert back to RM20.

8% & 12% cashback is not permanent feature but a temporary promo.
Also be noted that there is limited total cashback payout, and it's given away on 'first come first serve' basis.

hi, i have read the T&C. yup i know if the cash is less than RM20 they will not credit the money to me. I heard from my friend that you need to spend a minimum of RM1000 on fuel a month in order to get the 1%. I definitely do not spend so much on my credit card in a month. This is not stated in the T&C, i will go to the bank and ask on Monday. If however anyone of you has information on this, kindly advise. Tq

You can go to CC V14 starting from post #106 to read more about the Fortune card.

Below is what I commented in CC V14 in respect to HLB Fortune, I just copied it and paste here with some amendments for your easy reference.

1) As mentioned by winner, hye and myself - the HLB reward system is complicated. And based on what I understand, I have shown you that it only gives the most 0.1% extra (can be even 0.001% because it is based on daily interest at 10%p.a.) from your transactions. I would said even Alliance You:nique or Alliance Plat can be better than HLB Fortune.

2) In order to withdraw the cash earned and 10p.a. interest on your cash back, you need to go to the ATM, and you only can withdraw RM10 and RM50 notes from ATM so balance still with HLB and what you earn from them cannot be utilized in full.

3) as far as I am concerned, the Fortune = Essential with promotion.

4) Fortune card do not appeal to those earning RM30K and above. It will attract those who spend minimum RM38K a year and if you are earning like RM40-RM50K pa, I doubt you will benefit much from the annual bonus because if you do then you'll be spending more than you can afford to or you charged all your company expenses to the card.

5) Complicated Bonus - RM280m RM880 and RM1,800. To enjoy maximum returns from the annual bonus, you are going to complicate your life.

bonus RM280 for spending RM38K to RM67,999 - or returns of 0.4118% to 0.736842%
bonus RM880 for spending RM68K to RM107,999 or 08148% to RM1.294118%
bonus RM1,800 for spending 108,000 you will get 1% or less

so actually from the above, the more you spend, most likely you end up getting less % in returns! If you spend RM216,000 a year, then your bonus is equivalent to 0.5%, spend more than that, the % reduces further. So not necessary good for big spenders i.e. more than RM10K/month. If you know exactly how much you going to spend with the Fortune card, say for example insurance premiums > RM38K/yr best if exactly RM68K/yr, then the card may be good.

If above makes you confuse, then it is a good reason not to get the Fortune card, hahaha


Would recommend that you look into OCBC Titanuim MasterCard where you get 5% for petrol, dining, groceries and utility bills and the rest 1%. Click below link to my article on OCBC Titanium MC where I have a table comparing OCBC Titanium to HLB Essential and Citibank Platinum Cash Back.

Click here to read more on OCBC Titanium and see table comparing cash back cards.

This post has been edited by Gen-X: Mar 5 2011, 02:28 PM

The new CIMB VI card design has nothing much to shout at too, the background of the card is more like the CIMB VS but with the infinity symbol on the right side.

just received the gst rm50 tax for ikhwan amex for 2nd year. is it possible i can call them up to waive it?

If you want it to be waived ... call MBB, I don't see the point you asking the folks in here. We don't work for Maybank.
You can call them up and ask - normally MBB don't give waiver for the GST but you might get lucky.

thanks Gen-X on the info. I know what to do now.

Tried before but cannot work.

Citibank does offer a range of savings account and all are linked to the debit card. They do not offer any standalone debit card.

not good

until july, refer to the website ya

yup, thats the weakness of it. like previous promo. get RM10-20 only. Have to spend really fast in the beginning of the month. Thats why im cutting this PBB card after I receive MBB 2! Yes! Too bad spending not much if not will apply for OCBC Titanium as well

can try calling, no harm done since i've done it and they are willing to give 10k points if spend RM3k in 6 months
just ask them why offer only certain customer! lol
for my case I just use their website to make a complaint

this is so far the best proof that MBB is willing to absorb the RM50GST. But if they offer me this for my MBB Petronas or Amex Gold CC, it does not make sense because by spending RM3K with my Maybankard 2 Amex, I would be getting more in return than just RM50 to waive the GST.

Is it more appropriate not to show the name of the Service Recovery as it may land her in trouble, as each reply is confidential in nature?

hey guys,

i have purchase an item & sign for installment plan with 12months installment..

can i pay fast so tat i can have my credit back?

Hi,
I am currently using CIMB gold mastercard and it is going to expire soon. Will CIMB send the new card automatically or i have to request for it?

Also, it does not offer much benefits since it is not link to petrol rebates, the points redemption and pay-per-point item are limited and no more voucher redemption. Is it possible to request for the new card to at least be made linked to petrol rebates?

I have a CIMB saving account, so CIMB card is my only option for now. I been wondering if I can request for upgrade to their CIMB PETRONAS Mastercard (Platinum Card) although I do not meet the income requirement yet? I have good payment record.

Any input would be appreciated. Thanks

This post has been edited by Human Nature: Mar 5 2011, 06:03 PM

I don't quite get this. Did you know that you do not have to have a savings or current account with a bank in order to own their credit card ? I do not have any savings/current account with Maybank but i do have their credit cards.

Oh my goodness!
Who tell you that you can only use credit card of the bank that you maintain savings account?

CIMB MASTERCARD is basically useless except on Sundays. OCBC Titanium & Maybankard 2 Cards offer much better benefits.

I think it's not worth to renew the card. What is the anniversary month of your card? If still got enough time, quickly go apply other cards first. If approved, then quickly cancel the card before GST comes in.