Hi guys,

I need advice. I plan to get a credit card mainly for overseas online transaction. From the first post, it stated that Maybank has the lowest admin charge of 0.5%

However the previous pages showed that the charges are now around 1%.

Should I continue to get Maybank CC? Did the admin charge increase?

Thanks!

Hi guys,

If I'm withdrawing my PayPal funds to my credit card, will the administration cost be applied?

How should I do the calculation?

Thanks!

Hi guys,

Anyone knows how to calculate Maybank AMEX charges?

These are my details:
Transaction Date: 29-Dec-2012
Posting Date: 30-Dec-2012
Foreign Currency: JPY 5,000
Local Currency: RM 183.54

I know that any overseas transaction using AMEX will be converted to USD first, then convert to MYR, but which conversion rate date should I choose? 29 Dec or 28 Dec (following US time)?

Btw, I made the transaction on 29 Dec morning, so at that time US is still in 28 Dec..

Is it:
1. (amount) + 3.0% OR
2. ((amount) + 2.5%) + 0.5%

Please advise. Thanks!

I see..so you guys just calculate like that

I did the same amount of transaction using M2U MasterCard..but the transaction not available at my online statement yet -.-

When I get it I will compare both of them

Thanks!

Got latest update from Maybank..

MAYBANK 2 MASTERCARD
Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: JPY 5000
Local Currency: RM 179.76
Rate: JPY 1000 = RM 35.95

MAYBANK 2 AMEX *5% cashback received*
Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: JPY 5000
Local Currency: RM 183.54 (if include cashback, RM 174.36)
Rate: JPY 1000 = RM 36.71 (if include cashback, RM 34.87)


MAYBANK 2 MASTERCARD
Transaction Date: 29-Dec-2012
Posting Date: 31-Dec-2012
Foreign Currency: JPY 5939
Local Currency: RM 213.54
Rate: JPY 1000 = RM 35.96

MAYBANK 2 AMEX
Transaction Date: 29-Dec-2012
Posting Date: 01-Jan-2013
Foreign Currency: JPY 5939
Local Currency: RM 218.03
Rate: JPY 1000 = RM 36.71