But CIMB website still show the old card   

Just to add ... MBB WMC also gives 5x for overseas transactions.
Best of both worlds .... 5x points multiplier + super forex rates!

Read the point system again Alec ... I assume you have the card.

Overseas transaction 5x points and conversion to Enrich points is 5:1 - 1 Enrich point
Local transactions every RM2 spending ... you will get 5 points. Again the conversion to Enrich is 5:1 - 1 Enrich points.

As far as I know Bank Islam highest card is only Platinum ... no WMC.
Must be a new product if there is such a product.

It requires industry standards and/or government regulations. Implementation of such standards are not cheap and require heavy investments.
For example the chip based credit card used (EMV - Europay, Mastercard VISA ... please use Wikipedia if want to find out more) in Malaysia today were introduced to combat petrol station frauds which was costing the local bank tens of millions on a MONTHLY basis.

Recovery costs were even higher so at the end banks could do nothing but to either attempt to squeeze it out of the consumer (can't happen right) or write the loss off. Malaysia was the first country in this region to implement EMV and within the first month itself the investment paid off for the banks ... petrol station frauds dropped to virtually ZERO! (I didn't cook this up ... I was talked to someone within the industry who shared this info)

Most the frauds is likely to come from the consumer not informing the bank fast when their card is lost/stolen. Many has come in here and rant about it saying the bank did not help them. The actual fact, all bank call centres have dedicated personel to assist customers when card is lost. (Other inquiries require you to press a lot of buttons or wait.)

EMV (Please take your time to understand EMV standards before discussing further) is actually good enough so ... why invest more money ? If you are running a bank ... you would do the same thing as well. In fact, the only country in the world is practicing keying in PIN when swiping your credit card is UK. Not even in the US they are doing it.

OK ... that I did not know. I assume you are confident of this information as we're advising people in here.
So it is UK and UnionPay China is PIN based.

I also have a UnionPay card but it is issued in Hong Kong. It is just a debit card though    And yeah, we do need to key-in our PIN whenever we buy something with the card.

@Alec.Yong Would you be so kind to shed more info and share which bank (in Malaysia) issued the UnionPay prepaid card to you and could you also confirm if there is really no commission fee charged for overseas card-using? Really appreciate it as I find it hard to search for the info.

@Alec.Yong Thanks for your lead. Finally found the relevant info on the Great Wall Prepaid Card issued by the Bank of China (Malaysia) Berhad!

I guess this must be the China UnionPay prepaid card you possess. Too bad it is not an account linked debit card which at least gains a little interest - cannot yet see a good enough reason to get it at the moment unless one goes to China/HK frequently. Seems from the website that there are no promotions applicable in Malaysia for UnionPay members, otherwise may be worth getting for the sake of enjoying some discounts at merchants.

Just curious, is the card design nice? Do upload an image whenever possible.

@Gen-X You can add this card to your card collection for merely RM25 (Starter Pack - valid for 4 years)...RM500 minimum for initial top-up though 

Anyone who are earning 36k p/a will not be affected at all? That's good news for now

Same bank mah, 20 cards also can lah, bro.

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Added on March 20, 2011, 11:15 am

This UnionPay or VISA better in China?

I wonder that do malaysian merchant accepts CUP?

secondly, what's the requirement for CUP prepaid card?

Thanks in Advance

Yes. They do but not all. Kinokuniya in KLCC is one of the few merchants that accept CUP.

hi, can i apply for this card and use it on the internet purchase, such as Taobao ?

Mind to share how to get so much of cash rebates?

Too bad it is over dy..

Just realized HSBC has changed their VISA Platinum to "Visa Signature".



Can we apply CIMB VI with HSBC VS? 

Perhaps they will replace existing card to a new design, with "Visa Signature" printed on the card?.. or just do nothing.

I had their VISA Platinum last time. Canceled it when the credit card tax came into effect. I got it through FD pledging. Now i wondered if i can apply for this card using another bank's credit card. My Citibank VISA will soon come to its 1-year anniversary  

  I can't see it man! The webpage image is so micro!