People use Amex to accumulate Enrich miles points faster which equals to xx% CB in air ticket. Yup. You are reading it right. XX% CB (10-20% CB)

If you are looking at lowest exchange rate, Aeon Watami is the card to go. 0.9%-1%

Keep the Amex for emergency. Use the Visa for regular/daily transaction. Most bank will charge 1% on Visa. For latest Visa rates, go here: Visa Exchange Rates

Enter '1' as bank fee.

SC CB Gold Master Card
transaction date: 01/07/15
posted date: 01/07/15
amount: TWD 275
amount charged: MYR 34.05
master rate: 8.254803
fee: 2.16%

SC CB Gold Master Card
transaction date: 30/06/15
posted date: 30/06/15
amount: TWD 800
amount charged: MYR 100.20
master rate: 8.160275
fee: 2.16%

M2C Amex
transaction date: 04/07/15
posted date: 05/07/15
amount: TWD 450
amount charged: MYR 56.61
AMEX rate: 8.1949
fee: 3%

Is there any CC's in malaysia that removes the forex fee? Like those USA no foreign tx fee cards, except issued in Malaysia?

Well, Hong Leong Bank has this card named "I'm Card". It says there is no mark-up will be charged when you spend overseas. Not sure what it actually means and so far we don't have any HLB I'm Card holder here.

I see... I guess I'll still need to keep my US cards in this case even if I plan to stay in Malaysia. It's weird that the Malaysian equivalent of the Citi Prestige card doesn't even waive the foreign tx fee like the US version. (just checked, 1% + whatever the cost of conversion is, which is quite vague)

Ambank true cc does not charge admin fees. Might want to look into it.

Oohyep you're right too. http://www.ambank.com.my/ambank/SiteAssets...ditCard2015.pdf . I'll look into those and the I'm card by HLB too, thanks again guys!

i messed up d

This post has been edited by kenjixx: Sep 17 2015, 11:37 AM

HI, guys! Urgent need help~

I am going to pay a substantial amount ( around RM20K )in British Pound. I m going to pay via international transaction locally but in pounds.

May i know if Aeon Watami offers the best rate? Do i eligible for the 3% cashback? It is unlimited cashback?

After several research, i came to conclusion that though MBB 2 cards premier both infinite and AMEX offers 5* treat point for foreign transaction, however, the conversation rate and the bank rate us kindly of high as i am going to pay in a very huge amount.

Any suggestion? Thank you!!!~

PS : My parents personal income should be higher than min. requirement for any Infinite/Signature cc from any bank. So please provide me with some suggestion on which cc should i use.

Have you even gone to Aeon CC website to find the answer to this?

The cashback is capped.

This post has been edited by Human Nature: Aug 24 2015, 11:56 PM

Hi all, I'm just wondering whether CC offers higher/lower rate as compared to FX counter rates (using cash) for AUS Dollar.

P.S: I know by experience that for Korea, all-in CC rate is cheaper than counter rate in malaysia.

Thanks!

HSBC MPower Visa

transaction date : 21 Aug 2015
posting date : 23 Aug 2015
amount: IDR645,000.00
amount charged: MYR197.90
Visa rate: 0.000299
fee: 2.616%

Aeon watami and aeon gold card offers the same rate?

I am holding Maybank2 Cards Premier and often buys stuff online overseas.

So should I use Amex or Visa?

Amex definitely charges higher on fees but it gives 5x points compared to Visa 2x.

Which gaves the best bang for buck?

But seeing the response here, i should consider getting a Public Bank Visa Infinite since it has low fees

All oversea online transaction, VI also entitled 5X TP
If the trader is at US, trade with USD......AMEX is the choice

Transaction Type	Aeon Watami
Transaction Date	15/09/2015
Posting Date	17/09/2015
Transaction amount	JPY3000
Amount charged	RM109.74
rate	0.03658
visa rate	0.036102
Difference	(109.74 - 108.306) / 108.306 =1.32%

Transaction Type	Standard Chartered Cashback Gold
Transaction Date	15/09/2015
Posting Date	17/09/2015
Transaction amount	JPY32
Amount charged	RM1.18
rate	0.036875
mastercard rate	0.036077
Difference	(1.18 - 1.154464) / 1.154464=2.21%

This post has been edited by kenjixx: Sep 17 2015, 11:39 AM

For USD transactions, although both VI and Amex give 5x TP but I thought that Amex has higher transaction fee?

If that's the case then using VI is better right?

I have few USD transactions before (quite long time ago), AMEX seen to give better rate than VISA (even after 2.5% vs 1% administration fee).

Or you can try both AMEX/Visa at same day, and compare later.

Anyone knows how much does rhb bank cc charge for transactions to aud? Thanks