Yes, that's correct, but that reply was in reference to a need for a standby card. Any standby card that is not utilize will be subjected to GST also. So ask yourself, you want a standby card that has no annual fee or a card that offer many benefits but you don't utilize them and pay the annual fee? That's why in fruitie's case, I mentioned she has to go to the banks' websites and see which card can offer her discount since her current cards are adequate for her routine usage.

Please differentiate between tax and annual fees. All credit cards are subjected to GST, that's the law. Of course, it does not makes sense to have a particular credit card if you don't use it. For example, the MBB 2 AMEX earns the card holder 5% cash back plus 5XTP but the card holder only pumps at Petronas and don't need a card for anything else, does it makes sense for the guy to keep the Maybankard 2 Cards? On the other hand, he also has OCBC TMC but he only pump RM500 a month at Petronas and therefore his yearly expenses does not reach RM10K to qualify for the RM50 cash bonus; it still makes sense for him to pay GST yearly.

Choosing the right credit card for a particular usage to earn maximum returns is the main point, not what the card offers if you don't utilize it.

For example, CIMB returns can be more than OCBC TMC or MBB 2 Cards. You get 10% and 15% at Tai Thong with the Plat and Premier card respectively. If the dinner comes out to be RM1000, that's RM100 discount for the Plat card. If you go to Amarin or Flying Chilies you get 15% discount which is better than 5% cash back for dining. If you go to Eraman and buy Louis XIII, the best card to have is the CIMB Free For Life World MasterCard or Visa Infinite and the discount you get can offset GST for the next 10 years.

Get SCB for the cash back if they really offering RM200 and once you use up the balance for random shopping, keep the card in the drawer At the same time go apply for OCBC TMC and earn 5% cash back for your dining and petrol.

As for discount at shops, like I mentioned earlier, you have to go and check the banks' website to see their promotions as they are updated frequently. And here are some of them for starters.

Maybank Credit Cards Promotions 2012

CIMB Credit Cards Promotions 2012

Citibank Credit Cards Promotions 2012

This post has been edited by Gen-X: Jun 26 2012, 06:33 AM

oo.. thx for ur fast reply.. haha.. yeah SCB now got booth at my co. offering rm200 cash back.. so i think i just use the free cash back n keep it aside.. actually after how long only appropriate to cancel the card if nt using?.. haha..

Bro, you better read/check the terms and conditions. Previously SCB was offering Ar Asia vouchers but if not mistaken one has to spend minimum amount else there will be a penalty. IF the SCB card really useless, I would think cancel the card at least one month before the card anniversary to avoid GST being billed. However, if you read SCB Thread, SCB will offer you goodies to retain the card.

1. Annual Income: RM24K to RM30K.

2. Free Lifetime Annual Fee: A Must.

3. Card required for: List all your needs. Petrol, Cash Back/Rebate Only, point redeem

4. Existing credit cards if any: HSBC gold master card(sup)

5. Preferred Bank or Considering CC from banks:

6. Others: Please be specific. Example:

7. Estimated Spending per month with the card: petrol 200 - 300, groceries >50, bill settlement..

New to all these.. Plz recommend..
Thks a lot..

yeah will do.. need to read the T&C 1st.. thx bro!..

Based on your income range and your main expenses are petrol and groceries, the best option your have is the UOB One Card Cash Back Credit Card.
The UOB One Card earns you 5% cash back for petrol capped at RM20/month ( i.e. for up to RM400 petrol) and 2% for groceries.

However, if your income is close to RM30K/year and you pump at Esso or Shell stations that accept American Express, then look into Maybankard 2 Cards where you can earn 5% cash back every Saturdays and Sundays on top of 5X Treats Points everyday.

And since you are new to credit cards, I suggest you click here to read my articles for beginners starting with the prelude.

Need some suggestions for a card that have rewards if use for online shopping e.g. Amazon, Ebay, Alibaba etc.

1. Annual Income: 100K and above

2. Free Lifetime Annual Fee: Any

3. Card required for: Online Shopping

4. Existing credit cards if any: PB Mastercard, SC Visa Infinite

5. Preferred Bank or Considering CC from banks: Maybank, Public Bank, CIMB, Bank Islam, EON

6. Others: Please be specific. Need some suggestions for a card that have rewards if use for online shopping e.g. Amazon, Ebay, Alibaba etc.

7. Estimated Spending per month with the card: RM10K and above.


Thank you.

You want a credit card or a card that rewards you more than your SCB VI? The current credit cards you have do reward you cash back or points so I don't understand what you want.

This post has been edited by Gen-X: Jun 27 2012, 10:28 PM

1. Annual Income: RM60K-RM100K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Petrol, Cash Back/Rebate, Dining, Shopping

4. Existing credit cards if any: HSBC

5. Preferred Bank or Considering CC from banks: thinking to get second card to backup . no idea which bank to go.

6. Others: Please be specific. Example: I am a foreigner or I only want to pay amount due with my M2U online savings account or I want cash back only and no reward points.

7. Estimated Spending per month with the card: RM1k

Please kindly assist which bank shall i go for..thanks!

You have 2 choices:

OCBC Titanium MasterCard (click here to read my review).
This card earns you 5% cash back everyday at ALL Petrol stations, groceries, telcos, TNB and dining. For other general transactions such as shopping you will earn 1% cash back. The cash back is capped at RM50/month (i.e. once you hit the cash back RM50, you earn nothing extra). Click here to OCBC Thread to find out places that earns you 5% cash back.

Maybankard 2 Cards (click here to read my review).
You will be issued the AMEX and you have the option to choose between Visa or MasterCard (but it has been reported that nowadays MBB only issue the MasterCard). The Visa or MasterCard do not earn you cash back but 1X Treats Points for all your transactions. The main benefit of the Maybankard 2 Cards is the AMEX card where you earn unlimited 5X Treats Points everyday for any transactions PLUS 5% cash back for any transaction on Saturdays and Sundays which is also capped at RM50/month. So if you can pump petrol and do your groceries on Saturdays and Sundays then this MBB 2 Cards is great. However, please check if your Petrol station accept AMEX and FYI most Petronas don't. Click here to see places that accept the AMEX.

So are you a foreigner? If yes, not sure about OCBC but MBB can consider your application. Go to their website or contact Customer Service for more info.

Yes, I'm looking for other card that offer rewards/points for Online Shopping in Amazon, Alibaba, etc.

thank Gen-X for the recommendation.

errmm..for point no 6...i forgot to delete. that point is not applicable to me. guess OCBC is more applicable to me?

---

Added on June 28, 2012, 8:44 amoh ya..so most of the credit card also capped the cashback rewards at RM50/month ya?

I guess HSBC more than that. I get RM90 cash back for this month. But you gotta sms to participate the cashback programme la.

This post has been edited by hellokitty82: Jun 28 2012, 08:44 AM

1. Annual Income: more than 36k

2. Free Lifetime Annual Fee: it ok

3. Card required for: dining, petrol, random shoppings

4. Existing credit cards if any: HSBC visa gold

5. Preferred Bank or Considering CC from banks: ocbc titanium master, HSBC amanah patinum

6. Others: based on my income, how many credit card can i hold?

7. Estimated Spending per month with the card: 1.5k-2k

1. Annual Income: 48K

2. Free Lifetime Annual Fee: A Must

3. Card required for: a)Pump petrol at petronas b) streamyx, maxis bill c) Cash Back/Rebate d)EPP e) spend at carrefour, mydin, jusco for household item monthly around RM300.

4. Existing credit cards if any: Maybank Petronas Gold

5. Preferred Bank or Considering CC from banks: Any banks. (I just started a part time business and still don't have recorded income statement. )

6. Others: Actually I want to apply 2nd card for my part time business. I need to have the card which can 0% EPP and must can be convert
to flexi payment of 12, 24months with the lowest one time charge fee....The current MB card that I have is charge 9% p.a which is ridiculous... I try to limit the MB card for personal use and the next card only for business purpose.

7. Estimated Spending per month with the card: depends on the business, sometimes up to 3k

Please advice.

Since your requirement are almost similar, please refer my reply above to hellokitty82 and click on the links to read more about OCBC Titanium MasterCard.

However, if you are interested in HSBC Amanah, click here to read my article HSBC Amanah MPower Platinum 8% Cash Back for Petrol, Dining and Groceries. Is It Really 8%?

If your income is more than RM36K, you can have as many credit cards as you want from any many card issuers as you wish.

Bro, I am assuming you can provide the bank with documents proofing your income and source.

For 0% EPP, actually MBB have one of the largest merchant list offering 0% installment plans but I guess the stuff you want to get is not from them. The way I see, you want unsecured loan from credit card to expand your business. However for 1 year period, most banks imposed interest of 9% to 12% (0.75% - 1% per month) to convert retail transaction to 12 months installment plans. But here are couple banks offering lower rates compared to what you said about MBB 9% (which is really ridiculous):

AmBank Credit Card Promotion 2012 - 12 months 2.5%

Hong Leong Bank Call For Cash - 12 months 4.99%

But please note, with one time upfront %, the effective interest is much much higher.

or alternatively, you can check out my article on Balance Transfer Plans - Facts You Need To Know - in the article click on the "bank" and it will give you link to the bank's website and you can check out the latest offer. And if you are familiar with BT Plans - click here to BT Thread to see latest offer compiled by brotan.

1. Annual Income: RM30K to RM36K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Discounts/Freebies (Restaurants/Retail outlets), Cash Back/Rebate, Points accumulation

4. Existing credit cards if any: Nil.

5. Preferred Bank or Considering CC from banks: Citibank/Maybank

6. Others: Never had a CC before. Considering one for daily expenses 'cause I like to shop a lot. Not really looking for any cash advance stuff as I will be paying everything off every month.

7. Estimated Spending per month with the card: Less than RM1K

1. Annual Income: RM48 to RM60K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Random Shopping, EPP 0% for 12months.

4. Existing credit cards if any: None (First time applying)

5. Preferred Bank or Considering CC from banks: Maybank, Citibank and others if applicable

6. Others: Applied Maybankard 2 last week and was unsuccessful. Please recommend me other CC.

7. Estimated Spending per month with the card: RM1k - RM5k

This post has been edited by vult2res: Jul 2 2012, 02:18 PM

As for discount at shops, like I mentioned earlier in my earlier replies, you have to go and check the banks' website to see their promotions as they are updated frequently. And here are some of them for starters.

Maybank Credit Cards Promotions 2012

CIMB Credit Cards Promotions 2012

Citibank Credit Cards Promotions 2012

Having said that, if you are in Klang Valley where many places accept the AMEX, go apply Maybankard 2 Cards where you are issued the AMEX and Visa or MasterCard. The AMEX card is really good with 5X Treats Points and every Saturdays and Sundays you earn 5% cash back for any transactions. Click here to read my review of Maybankard 2 Cards.

Click here to see places that accept AMEX compiled by ronnie.

I am surprised with your income MBB rejected your application. I guess you cannot be fussy and just apply for any credit card for the moment and build up your credit history and apply for MBB 2 Cards in 6 months time. click here to my previous article at My Credit Cards where I have listed credit cards with Free annual fees with or without conditions.

To bad because for your EPP 0% Maybank list is pretty long. And currently the Visa and MasterCard also enjoy 5X TP until end of October. Click here to my latest article Maybank 5X TP with Ezy Pay and Treats Points 2012 where I have a link to Maybank's site for participating merchants.

Therefore, for other banks EPP 0%, you got to go see the bank's website or check with you favorite shops what cards they accept for 0% EPP. Having said that, check out AmBank Flexi-Pay 0% 6 Months Installment Plans where you can convert any transaction to 0% 6 month interest free plan.

This post has been edited by Gen-X: Jul 2 2012, 07:13 PM

yeah, i know. any credit cards that are easy to be approved by the banks?

Try GSC-Hong Leong or RHB Travel Money easy to get, now their doing promotion...
I get my 1st CC from them based on basic salary 2K only ! , later I have HSBC & Citibank

This post has been edited by fly126: Jul 3 2012, 02:18 AM