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Credit Cards Standard Chartered Bank Credit Cards V1, Let's talk about SCB's credit card here

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TSronnie
post Jun 6 2011, 02:22 PM

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QUOTE(Ham Tan Chow Taufu @ Jun 6 2011, 02:11 PM)
Too bad kedai kopi cannot pay using credit card, else quite possible to hit RM1k per month.
*
RM1500 is for retail spending including dining... Not RM1500 on diniing only.
Please read the promo T&C properly.

Each cardmember can get maximum RM150 cash back for the entire promotion. @25%, that's a nett spending of RM600 on dining ONLY.
Eg.
A table for 6 at Ah Yat Abalone cost RM699++
A table for 4 at Dragon-i Restaurant cost RM399++

This post has been edited by ronnie: Jun 6 2011, 02:23 PM
gerrardling
post Jun 6 2011, 02:28 PM

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actually the cash rebate is less than 25%

need to spend at least rm3000 (june and july)

max cash rebate is rm150 only

150 / 3000 = 5%

u get only 5% rebate which is same for mbb 2 amex on weekend and ocbc titanium. Of course you still got points and rebates if u are business visa platinum holder. Total maximum you will get after added in points and rebates is 6% only for biz visa platinum cc holder

This post has been edited by gerrardling: Jun 6 2011, 02:30 PM
TSronnie
post Jun 6 2011, 02:48 PM

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QUOTE(gerrardling @ Jun 6 2011, 02:28 PM)
actually the cash rebate is less than 25%

need to spend at least rm3000 (june and july)

max cash rebate is rm150 only

150 / 3000 = 5%

u get only 5% rebate which is same for mbb 2 amex on weekend and ocbc titanium. Of course you still got points and rebates if u are business visa platinum holder. Total maximum you will get after added in points and rebates is 6% only for biz visa platinum cc holder
*
You can spend RM900(other retail spending) + RM600 (Dining) to get RM150 Cash back
That's 10% Nett Cash Back (or 11% if using the SCB Business Visa)
gerrardling
post Jun 6 2011, 03:04 PM

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QUOTE(ronnie @ Jun 6 2011, 02:48 PM)
You can spend RM900(other retail spending) + RM600 (Dining) to get RM150 Cash back
That's 10% Nett Cash Back (or 11% if using the SCB Business Visa)
*
the t&c stated u need to spend rm1500 for 2 months in order to qualify, and there is only rm150 allocated for this both months


TSronnie
post Jun 6 2011, 03:17 PM

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QUOTE(gerrardling @ Jun 6 2011, 03:04 PM)
the t&c stated u need to spend rm1500 for 2 months in order to qualify, and there is only rm150 allocated for this both months
*
Care to share which T&C states we must spend RM3000 ?

QUOTE
5b. Spend a total of at least RM1,500 on his/her same Debit or Credit Card for retail charges ("Qualifying Spend") during one particular Qualifying Spend Period stated in the table below


The 10% nett cashback is the maximum possible.
gerrardling
post Jun 6 2011, 03:26 PM

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QUOTE(ronnie @ Jun 6 2011, 03:17 PM)
Care to share which T&C states we must spend RM3000 ?
The 10% nett cashback is the maximum possible.
*
The extra Qualifying Spend during the first Qualifying Spend Period will not be carried forward for the second Qualifying Spend Period. For example, if a Cardholder spends RM3,000 in the first Qualifying Spend Period, the extra RM1,500 will not be considered as Qualifying Spend for the second Qualifying Spend Period.

The same principle applies for the calculation of the dining charges to award the 25% CashBack where dining charges made during the first Qualifying Spend Period will not be taken into account for calculating the Qualifying Spend of the second Qualifying Spend Period.


Spend at least RM1,500 per month on anything, not just dining.

let say you have hit rm150 cash back in first month, then u can stop spending with your scb card already and wait for the cash back to be credited into ur account. If not, then u have to spend another rm1500 in second month in order to get the remaining cash back which u didnt get in first month
TSronnie
post Jun 6 2011, 04:06 PM

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QUOTE(gerrardling @ Jun 6 2011, 03:26 PM)
let say you have hit rm150 cash back in first month, then u can stop spending with your scb card already and wait for the cash back to be credited into ur account. If not, then u have to spend another rm1500 in second month in order to get the remaining cash back which u didnt get in first month
*
That's why you shoud try to hit RM600 dining within June 2010 !!! That's my target ....
Idea : Go bring your dad to a nice expensive meal during Father's Day drool.gif brows.gif

This post has been edited by ronnie: Jun 6 2011, 04:06 PM
gerrardling
post Jun 6 2011, 04:28 PM

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QUOTE(ronnie @ Jun 6 2011, 04:06 PM)
That's why you shoud try to hit RM600 dining within June 2010 !!! That's my target ....
Idea : Go bring your dad to a nice expensive meal during Father's Day  drool.gif  brows.gif
*
but where to spend for another rm900 ? lol buy a massage chair ???
Gen-X
post Jun 6 2011, 05:05 PM

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QUOTE(ronnie @ Jun 6 2011, 04:06 PM)
That's why you shoud try to hit RM600 dining within June 2010 !!! That's my target ....
Idea : Go bring your dad to a nice expensive meal during Father's Day  drool.gif  brows.gif
*
You see, this promotion making spend more that you otherwise would tongue.gif

Idea: why not take you dad to a nice and reasonable priced restaurant and save more than the cash back, haha

QUOTE(gerrardling @ Jun 6 2011, 04:28 PM)
but where to spend for another rm900 ? lol buy a massage chair ???
*
the balance RM900 go spend on weekend with MBB2 and get back 7.5% would be better?

This post has been edited by Gen-X: Jun 6 2011, 05:05 PM
TSronnie
post Jun 6 2011, 06:09 PM

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Very true that these Cash Back are 'evil' actually to make u spend more.
nevertheless, we still LOVE Cash-back !!!!

P.s. I have regular payment >RM900 each month ... So i just need to eat MoRE and be prosper.
andrekua
post Jun 6 2011, 07:52 PM

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Double confirm abit...

25% off is on selected merchant or ALL DINING?
bingozero
post Jun 6 2011, 08:06 PM

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Anyone successful waive their annual fees on Standard Chartered Bank Credit Card?
alexwsk
post Jun 6 2011, 09:07 PM

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QUOTE(bingozero @ Jun 6 2011, 08:06 PM)
Anyone successful waive their annual fees on Standard Chartered Bank Credit Card?
*
AF or GST?
AF shud be quite easy, just call up
bingozero
post Jun 7 2011, 07:40 AM

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QUOTE(alexwsk @ Jun 6 2011, 09:07 PM)
AF or GST?
AF shud be quite easy, just call up
*
Ya, is annual fees.
Is that have and T&C for calling to waive the annual fees? Such as swap X amount in a month?
TSronnie
post Jun 7 2011, 07:43 AM

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QUOTE(andrekua @ Jun 6 2011, 07:52 PM)
Double confirm abit...

25% off is on selected merchant or ALL DINING?
*
All Dining outlets...
TSronnie
post Jun 7 2011, 07:45 AM

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QUOTE(alexwsk @ Jun 6 2011, 09:07 PM)
AF or GST?
AF shud be quite easy, just call up
*
GST will be waived with 11000 ChoicePoints creditted to your account ;-)
11,000 ChoicePoints = RM50 + 1000 ChoicePoints
tanch78
post Jun 7 2011, 12:12 PM

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QUOTE(ronnie @ Jun 7 2011, 07:45 AM)
GST will be waived with 11000 ChoicePoints creditted to your account ;-)
11,000 ChoicePoints = RM50 + 1000 ChoicePoints
*
Ths is for new card applicant or existing card holder??? thumbup.gif
andyfriends
post Jun 7 2011, 12:52 PM

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QUOTE(tanch78 @ Jun 7 2011, 12:12 PM)
Ths is for new card applicant or existing card holder???  thumbup.gif
*
u can pretend to cancel the card, the bank is more than happy to waive that for you. I got that, hence stil keeping the SCB card alth i have only used it 3 times so far. smile.gif
TSronnie
post Jun 7 2011, 01:01 PM

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QUOTE(tanch78 @ Jun 7 2011, 12:12 PM)
Ths is for new card applicant or existing card holder???  thumbup.gif
*
All cardmembers if you decide to cancel because of the GST.
alexwsk
post Jun 7 2011, 01:09 PM

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QUOTE(ronnie @ Jun 7 2011, 01:01 PM)
All cardmembers if you decide to cancel because of the GST.
*
hehe, but i don't want to try it on my JustOne

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