Currently holding HSBC Gold card, but it seem like no any benefit attracted me to be spend. Only point for accumulated, but not cash back.

I'm prefer cash back rather than point accumulate, some more the point got expire time within 2 years, right??

But may I ask any benefits for HSBC Amanah MPower Visa Platinum Credit Card-i as I have go through with HSBC website, its seem like more attempt to hold a card for cash back.

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Added on November 4, 2012, 7:34 pmreceived a called as well, is regarding insurance plan

This is third time already, also Indian girl, look like she is forcing me to buy it from her, zzz

I think just ignore these kind of call in future.

This post has been edited by sj0217: Nov 4 2012, 07:34 PM

Click here to read my review of the HSBC Amanah MPower Platinum Card

I would say the HSBC Amanah MPower with 0.5% cash back for general transaction is better compared to your Gold or my Visa Signature which earn reward points.

If you want cash back cards, click here to my Cash Back Card Page to see list of cards offering meaningful cash back for transactions. Check out my article on MACH by Hong Leong Bank where I have a prepared a comparison table.

This post has been edited by Gen-X: Nov 4 2012, 08:38 PM

Call Bank's Customer Service to Enquiry...

This post has been edited by fly126: Nov 5 2012, 12:55 AM

Much more appreciated on your comment and useful link.

Initially, I have decision that OCBC Tit credit card is my first choice on my daily spending in term of 5% cash back but I have no eligible to hold it. I know all the benefits for this cards and suit for me too, also I have go through with your link and keep updating in Forum of OCBC Tit cards. Think will try to apply next year.

Luckily, I have MBB2 cards which really good for me to spending on weekends, earn 5% cask back and rewards point but these benefits only for weekends spending, no weekdays, weekdays only for rewards point.

Therefore, end up OCBC Tit cc is my first choices that can be spend on weekdays for 5%/1% cask back. Second is Citibank Platinum cask back card but this card for requirement is RM48k per year.

I personally think that above cc mentioned (HLB) that is not suit for me as this is quite make trouble, I don't have HL bank saving account, if want to open a new accounts where will be charge money right? And some more need to spend minimum RM1k with it every month, if not; there will be get nothing oh

Thanks for checking out my articles.

I am not asking you to get the MACH by HLB, what I meant was check out the comparison table in the article where I have compared and show how much one can earn for the same expenses when using Maybankard 2 Cards AMEx versus OCBC Titnium MasterCard vs Citibank Platinum Cash Back vs UOB One Card.

Yah, OCBC TMC really good for essential expenses like petrol, dining, telco and utility biils. good luck in your application next year.

just called to cancel as my more than 20 times attempts to get the CS have been futile. LOL

The minimum income requirement for the Citibank Cash Back Platinum is RM40k per annum, not RM48k per annum.

You just called to terminal this “HSBC Amanah MPower Visa Platinum Credit Card-I” ? Some more 20 times?!!

Is there so hard to terminal their service? I’m planning to terminal it as well in end of the month as I seldom use it, if not, there will be chargeable

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Added on November 6, 2012, 1:27 pmoh??!! I tot the minimum income will be RM48 per annum, I think this is old information that I referred

This post has been edited by sj0217: Nov 6 2012, 01:27 PM

Heard from her that HSBC offer the highest cash back, 8% (cap RM150) for everything (ie petrol, utility and etc). Is it true? If yes, then this is better than OCBC Titanium card already.

yup....

there is TnC la bro

u need to spend min 1500 for that month.....

after that everything u spend on that month for petrol n groceries is 8%

*weekend only

wa like that ah, then OCBC Titanium is better lo. Haiya.

Gen-X already has provided a great review on the HSBC Amanah MPower credit card. Love the title - "Is it really 8%"

1. Its a promotion, subjected to a time frame. Its not a permanent product feature.

2. Its has a monthly cap, restricted by merchants, limited by weekend spend only, and has a minimum spend to qualify for 8%.

Too many T&Cs for a credit card. OCBC and MBB 2 Card still tops the cash back field.

If you can't qualify for RM36k or RM30k p.a., you can check out the UOB One Classic card, or Alliance Bank You:nique cash back (both RM24k p.a. income requirement)

To be exact, I tried to call their CS to enquire about the card. Couldnot get hold of them. Hence, i cancelled it.

hi, can anyone pls tell me about the foreign exchange? I have an issue with HSBC exchange rate, I currently hold HSBC Visa Gold. I called the HSBC CS but the CS doesn't help much. I recently made an online transaction on 1st Nov in USD360.91 and being charged RM 1131.82 and later I asked for the full refund, USD360.91 is being credited into my CC but then the amount in MYR is RM1080.95. CS told me there is a 1% admin fee for the transaction made but there is NO admin fee being charged for the refund.

And I checked Visa Exchange rate (Visa Exchange ratehttp://corporate.visa.com/pd/consumer_services/consumer_ex_rates.jsp) the exchange rate on 1st Nov is as follow:

Currencies fluctuate every day. The rate shown is effective for transactions submitted to Visa on November 1, 2012, with a bank foreign transaction fee of 1%.

1 United States Dollar = 3.077470 Malaysian Ringgit

Then the exchange rate on 6th Nov is as follow:

Currencies fluctuate every day. The rate shown is effective for transactions submitted to Visa on November 6, 2012, with a bank foreign transaction fee of 0%.

1 United States Dollar = 3.067000 Malaysian Ringgit

CS kept telling me that they don't have the facilities to check on the exchange rate and the conversion is depending on Visa International. But the conversion amount doesn't tally with the amount being charged to my CC at all. On the 1st Nov, if follows the VISA exchange rate plus 1% admin fee, I shall be charged 3.07747XUSD360.91= RM1110.70 but I was being charged RM1131.82.

And then, for the refunded USD360.91, I supposed to get USD360.91X3.067=RM1106.91. Why is there such a big difference? HSBC CS couldn't do anything about me but ask me to check with the merchant if they credited me back the correct amount, but the problem is the converted amount, the refund in USD is definitely correct. CS only advise me to filed a dispute form for them to investigate which will take 60-90days but if they are right, they are going to charge me RM20. Someone please enlighten me and tell me what I can do!

Well, from my previous experience, I can tell you that HSBC credit card effective overseas conversion fee is definitely more than 1% (more than 2%). Click here to see example of overseas transactions using HSBC vs other credit cards. Please note that Alliance Visa overseas conversion rates are higher nowadays.

The rate shown at Visa International is just a guide and I guess not many here can really tell us here the actual rate a particular bank charge us for admin fee.

Pay another RM20 for the dispute to be process and may not get an extra sen back.... just take it as a lesson learned and use Maybank Visa or MasterCard for your overseas transactions.

Shoot, the CS is giving inaccurate info then. I didn't expect the overseas conversion fee to be so high!!! Somemore they don't know in our CC statement how much r they charging us for the admin fee. Yeah. I guess lesson learned. I agree with you on the RM20 charge on dispute. I do not own a Maybank CC. I'm gonna cancel off my HSBC Visa soon. Do you have any idea about OCBC overseas transaction, is it as low as Maybank's?

Hello, I registered amanah mpower last month and have not used my card yet. (i have the card) my statement has rm50 for "service tax for year 2012"

Is this the government tax or annual fee? I thought I'll have no annual if I use it 12 times a year. But I just got the card.

That's the GST, compulsory gov tax. It will be charged once your have activated your card regardless you have start using it or not.

bad news....starting today onward min 3k basic only can apply hsbc....

heard that bnm might change the rules.....rumors so far

Very Good... in order to reduce CC debtors from those earning below RM3k