Hi Guys,
Just got my HLB Classic, AmBank Gold and CIMB classic.
But dunno should i cancel HLB or not. Since what i know the benefit of HLB is only points and installment @ 6% which is relatively high.
Any advice should i keep HLB on top of the other two cards?
Thank you.

you got to detemine if the HLB card will reward you more than RM50 to cover GST.

If your CIMB Classic is a Mastercard, I think you can utilize it better at Giant/tesco/kfc/guardian on Sundays. That RM50 GST can be earned back in very short time.

Maybe i'll just have to bear with it for 1 year then cancel it.
So i can utilize the RM50 GST for the first year
Since this is the first card i got before CIMB approved me (rejected twice before got my HLB)
Haha.
And also, the 1 year GST is charged which way? I got my card on Apr 2011, the next will be charged on Apr 2012?

Yup, it's a Master.
Still very new to credit card as dunno what is what, promotions and stuff.
Trying to do some studies on them.
Thanks for the heads up man!

This post has been edited by mikecmy: May 6 2011, 11:23 AM

Which credit card that we can use to reload Touch-n-Go without any charges?

You may reload at TnG Customer Service Centre using cc without any service charge. All Visa/MC are accepted except Amex/JCB/diners.

Whichever card u choose, don't choose HSBC. My HSBC master gold card chip got problem when using at Petronas Station. I call to raise my concern to the call center and they asked me to pay RM50 for card replacement.

then u tell them, i want to cancel ur "useless" card
end of issue

1. Annual Income: RM27000

2. Free Lifetime Annual Fee: Must, if possible, the RM 50 Tax too

3. Card required for: Shopping, Dining and Groceries

4. Existing credit cards if any: nope (just started work for 6 months)

5. Preferred Bank or Considering CC from banks: any bank will do

6. Others: NIL

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

Btw, the min requirement for Maybank CC is Rm30k.. can i try?

Yah, MBB cards minimum income now is RM30K. Go try apply for the Maybankard 2 Gold Cards since you income close to the minimum. You would benefit most with the MBB 2 AMEX card for shopping, dining and groceries, that is if the place you patronize accept AMEX. Go to Places that Accept AMEX Thread to find out.

if your salary bank in all the time using MBB, shouldn't be a problems

Yeah.. my salary bank is with maybank gonna give it a try \(^.^)/

Thanks Gen-X for the advices

1. Annual Income: 30k

2. Free Lifetime Annual Fee: A Must

3. Card required for: Petrol-using Petronas, Cash Back/Rebate, good points

4. Existing credit cards if any: Nil. i'm a rookie in this

5. Preferred Bank or Considering CC from banks: Dont know

6. Others: I'm looking at Islamic credit card because no compounding interest..but not sure yet

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

The best card for cash back for spending less than RM1k per month is OCBC Titanium MasterCard, however the annual income requirement is RM36K.

The problem is you pump at Petronas. If you pump at Esso or Shell, and for spending less than RM1K, Maybankard 2 Gold Card American Express the best with 5X TP and cash back 5% meeting your requirement for cash back and good points.

So if you still want to pump at Petronas, then look into CIMB Petronas card where you get 5% cash back on 1st of every month and 2% for the rest of the days in that month. However, please note, if you pump RM200 petrol only per month, the 2% cash back you get for the entire year is not even enough to cover RM50 GST.

My recommendation is to get Maybankard 2 Gold Card where you get 5% cash back on weekends for ANY TYPE OF TRANSACTIONS. Go to Maybankard 2 Card Thread to read more. And switch to ESSO if that is possible as you get additional 1.5% cash back from ESSO, please go read Petrol Thread to read more.

1. Annual Income: RM72K

2. Free Lifetime Annual Fee: A must or waiver

3. Card required for: Petrol, Shopping, Dining, Groceries and Utility bills

4. Existing credit cards if any: Citibank Gold

5. Preferred Bank or Considering CC from banks: Citibank, Maybank, Standard Chartered

6. Others: NIL

7. Estimated Spending per month with the card: RM2K - 3K

Your case OCBC Titanium for Petrol, Groceries and Utilities where you will get 5% cash back capped at RM50/mth. And if you spent RM10K with it, GST also waived.
Click here to read more about OCBC Titanium MasterCard. In this article, I also compare the benefits of different cards, i.e. OCBC TMC vs HLB, Citibank, etc.

Since you spend more than RM1K, another must have card to get is the Maybankard 2 Platinum American Express for weekend or once OCBC maximum cash back cap of RM50/month is reached.

Click here to read about Maybankard 2 Cards.. Read this article to see comparison between MBB 2 Cards vs OCBC Titanium MasterCard.

With above two cards, you can earn up to RM1200 cash back per year and that is not inclusive of the 5XTP you will earn from the Maybankard 2 Cards.

Citibank - well, you can read about their Platinum Cash Back Visa but annual fee not auto waiver.

Click here to read about Citibank Platinum Cash Back.. I did a brief comparison between Citibank Platinum Cash Back Visa versus Maybankard 2 American Express in this article.

This post has been edited by Gen-X: May 11 2011, 02:20 PM

wow thanks..but do u recommend me getting maybankard petronas ikhwan??
the non-compounding interest really catches my interest..but is it worth it?

Sorry, I don't know much about Islamic Cards. Moreover, my principle is not to pay a single sen of interest to the bank (i.e. work for the bank) - which should be the first rule for every card user.

compounding or not, you'll end up paying roughly the same
banks are not stupid

1. Annual Income: Around 80k/year
2. Free Lifetime Annual Fee: Preferable, if
3. Card required for: Petrol (Pumping at ESSO, consider to try BHP soon) Cash Back/Rebate, Life Insurance Payment, Casual shopping, Dining (Heard some cards can get discount at San Francisco?), TGV movies
4. Existing credit cards if any: Hong Leong Essential
5. Preferred Bank or Considering CC from banks: Not really particular to bank though, as long as the benefit is good, I'm free to choose any of them
6. Estimated Spending per month with the card: Around RM1k to 2k.

Pay my "debt" pretty fast, usually b4 the mid of every months.

This post has been edited by allenultra: May 11 2011, 10:24 PM