True. Maybank credit card isn't so competitive anymore for transactions made in foreign currency. Charged quite a few things to my Maybank VISA in USD and KRW and the final rate in MYR is more or less the same as HSBC and Citibank

August 2013 onward, My oversea transactions shows Maybank credit card has increase the administration fee from 1% to 2%
Furthermore they revised the redemption point upward, now 100 points is only worth 40sen instead of 50sen (20% value depreciation)

Without even notify the customer before the change.

Any recommendation which card to switch for better rate and point benefit?

5% Rebate until 31 December 2013 for overseas transactions for RHB Visa Signature card... Click Here

Charged another two transactions (in Korean Won) to my HSBC MasterCard and Maybank VISA, both transactions were made and posted on the same day and the final rate for HSBC MasterCard is a little bit lower than Maybank VISA


In the long term, Maybank VISA Infinite is probably the only good card from Maybank for overseas use due to its 5x TP.

UOB VOX VISA
03 JUN SGD 14.22 = RM36.11 2.539
05 JUN SGD 99.00 = RM252.17 2.547
13 JUL SGD 66.30 = RM171.41 2.585


MBB AMEX
27-Jul-13 S$39.80 RM103.22 2.593
21-Jul-13 S$98.00 RM254.41 2.596
20-Jul-13 S$4.65 RM12.08 2.598
29-Jun-13 S$26.00 RM67.38 2.591
22-Jun-13 S$133.84 RM345.74 2.583
15-Jun-13 S$53.10 RM137.28 2.585
18-May-13 S$133.83 RM331.66 2.478

OCBC TITANIUM
27 Jul 13 S$76.20 RM196.61 2.580

This post has been edited by nothingz: Aug 13 2013, 11:48 AM

Hi Ronnie,

thanks for your recommendation.
Any example of real transaction to show us as reference?

Where can i find the 5% rebate info regarding this card?
5% rebate will end after December 31, 2103? what's the rebate after that?
Any limit to the 5% return? of all transaction without limit?

Thanks,
Len

1. You can find the 5% info from the RHB website
2. After 31 Dec 2013, will be 1%.
3. Stated unlimited overseas and online transactions only.

Thanks Human Nature.
The info has been helpful.
Found all info needed in RHB website

anyone here have Alliance Bank Visa Infinite and used it for overseas transactions? As per MilesandMore's findings above, trying to find a card better than Maybank Visa Infinite (normal Maybank Visa/MC can throw already)

My experience with my cancelled Alliance Bank Visa (not infinite) was very high exchange rate rivalling Amex

This post has been edited by zenquix: Aug 15 2013, 05:22 PM

this is the spectre of DCC (direct curreny conversion). You are suppose to be able to say No but I have been a victim where we are not allowed to.

well documented on travel forums especially in China

Hi guys, can anyone share with me yr experience in using citibank card on Japan? Say now I'm going to make a purchase of 30000yen and acc to visa rate of 1:30, does it mean the amt I'm going to be charged is 30000 x 1.025 (processing fee) / 30 = rm1025?
Thx in advance

concept is correct though you may not know the exact rate + surcharge.

Date ---------Credit Card-------Foreign------------Local----------Supposed------Bank Charge
17/8/2012 ---UOB Visa---------GBP 3.70----------MYR 18.70----MYR 18.20------2.75%
28/9/2012 ---UOB Visa---------USD 0.25----------MYR 0.78------MYR 0.77------1.63%
29/9/2012 ---UOB Visa---------USD 0.25----------MYR 0.78------MYR 0.77------1.63%
24/10/2012---UOB Visa---------USD 8.98----------MYR 27.94----MYR 27.43-----1.84%
26/10/2012---UOB Visa---------USD 14.99---------MYR 46.64---MYR 45.57------2.35%
24/12/2012---UOB Visa---------VND 275,000.00---MYR 41.41---MYR 40.43------2.44%
29/1/2013 ---UOB Visa---------USD 17.50---------MYR 55.52----MYR 53.37-----4.03%
14/3/2013 ---UOB Visa---------USD 59.10---------MYR 188.36---MYR 183.74----2.51%
13/5/2013 ---UOB Visa---------USD 28.40---------MYR 87.20----MYR 84.63------3.04%
15/5/2013 ---UOB Visa---------USD 59.10---------MYR 173.24---MYR 176.83----2.03%
3/6/2012-----MBB MasterCard-KTM 5800.00------MYR 199.86---MYR 199.13-----0.37%
4/7/2012-----MBB MasterCard-SGD 105.00-------MYR 263.35---MYR 262.68-----0.26%

This post has been edited by Altruis: Aug 16 2013, 11:26 PM

22/6/2013 Citibank Visa SGD 28.00 MYR 72.29 MYR 70.52 2.52%
25/6/2013 Citibank Visa SGD 5.50 MYR 14.25 MYR 13.90 2.51%
25/6/2013 Citibank Visa SGD 16.50 MYR 42.75 MYR 41.70 2.51%
16/11/2012 Citibank Visa GBP 155.00 MYR 769.68 MYR 754.51 2.01%
18/9/2012 Citibank Visa CNY 129.00 MYR 64.11 MYR 62.87 1.97%
18/9/2012 Citibank Visa CNY 78.00 MYR 38.76 MYR 38.01 1.96%
22/9/2012 Citibank Visa CNY 1,163.00 MYR 572.11 MYR 560.84 2.01%
26/9/2012 Citibank Visa CNY 324.00 MYR 160.49 MYR 157.34 2.00%
25/8/2012 Citibank Visa GBP 532.49 MYR 2,668.73 MYR 2,616.15 2.01%

HSBC also 1% admin charge.

Base currency is MYR or the currency we spend in?

Between SCB, PBB and UOB, which are the better rates for overseas transactions? Was told PBB don't charge processing fee, not sure how true is it.

As I'm going Europe in a month's time, using credit card is a pain in the ass with the high euros and shitty ringgit now.

This post has been edited by jilly: Aug 20 2013, 06:09 PM

Not sure bout UOB but I tried both PBB and SCB it seems PBB rate is lower

i tried UOB for sgd transaction, the rate is quite expensive, comparable with Amex. not sure bout Euros