QUOTE(Vestor @ Apr 25 2012, 11:48 AM)
Waa, they do simply upgrade one kah? That will pull down the standard and perception.
I always have good impression in HSBC, especially it's tagline "Your world local bank" or something like that.
Anyway, within HSBC card type, which is the one that can provide highest CL?
FYI, in the first quarter of 2011, HSBC launched their Visa Signature where the annual income requirement is RM100K. Prior to the VS, HSBC Plat annual income requirement was also RM100K but because they were "hadap" for customers, one did not need to earn RM100K to get a HSBC Plat (applies to all banks back in 2011 where one can apply for a credit card based on existing card).
And HSBC Plat card benefits are so so only and in order to maintain their customer base, they upgraded all Plat cardholders to Visa Signature which is deemed as a Premier Card (but benefit also so so only).
Click here to read my artilce titled HSBC Visa Signature - Gone is the Visa Plat published back in March 2011 at My Credit Cards blogspot.
QUOTE(hye @ Apr 25 2012, 03:44 PM)
Sorry again ... but CL these days are "conservatively" awarded by the banks. Card type would not impact HSBC CL decision.
Yes, agree fully to the above. Now banks are stricter in awarding CL to be in accordance with BNM wishes. Which is a good thing.
Vestor,
CL has nothing to do with Card Type in general but based on the bank evaluation on the customer's worth. Like I mentioned, previously, my HSBC Plat (of course now upgraded to VS) had a higher CL than those who has AUM of minimum RM250K with HSBC and automatically awarded their HSBC Premier World Credit Card. Up to today, I never had a HSBC banking account, so you go figure it out.
But if you want to know what is the minimum CL for Premier Credit Cards, click below link to see my table. However, the data for the table was obtained thru my no budget propriety research back in November 2011. Since then, HLB have reduced the annual income requirement for the Ex-EON VS from RM180K to RM80K and therefore the minimum CL should also decrease as of today. And it was reported by another forummer here that his CL for his MBB VI is RM20K!!! When I talked to MBB CS back then, I was told initially the minimum CL for MBB WMC and VI was RM70K but later was informed it was RM50K.
And did you know that RHB Tesco credit card CL go can up to RM100K
Malaysia Premier Credit Card - Ranking based on credit limit.This post has been edited by Gen-X: Apr 25 2012, 05:54 PM