Hi Gen-X .. firstly thanks alot for your website, it's alot of reading. Makes me wonder you must be some hardcore banker or something? However, I'm a newbie and I hope you don't mind explaining a few things to me

# Enjoy a low Finance Charge of 8.88% p.a. on your outstanding retail balance, and save up to RM2300 a year¹. All you have to do is promptly settle your minimum payment of 5% or a minimum of RM25.
¹Based on RM3,000 monthly spend with minimum repayment of 12 months.
#Enjoy lowest finance charge of 8.88%³ per annum on your outstanding retail balance. All you need to do is promptly settle minimum payment, 5% of the outstanding balance or a minimum of RM25.
³Maybank reserves the right to revise the Finance Charge as and when it deems necessary, with 21 days prior notice.

1) I don't really understand that. If I pay my monthly bill on time and in full, I don't get that charge at all right ? Is that for like the total amount you owe the bank or something ?

# Lifetime Fee Waiver with complimentary supplementary cards.
# 2 Credit Cards for a single GST of RM50 or shall we say RM25/each.

2) That means there is no yearly payment right ? So let's just say I get these 2 cards just for spares and I don't use it for like 5 years at all. I don't need to pay a single cent right? The GST is just the one time payment ?

3) Just to confirm, I don't need a savings/current account with Maybank to get these cards right ?

4) This is probably stupid but I just want to try my luck haha .. Can I get 1 visa and 1 mastercard instead of 1 AMEX and 1 master/visa ?

5) What's the deal with American Express ( AMEX stands for american experess right? ) ? People are saying that it's bad and no one wants it and everything ? All I know is that AMEX charge the shops more only right ? That's why they don't like to accept AMEX ? For us consumers, is there any disadvantages of using AMEX ?

6) Will the banks take your pay slip to make sure you have that much of income ? Or they just see then ok already ? I mean I don't feel safe giving out my pay slip, or it is supposed to be a very normal thing and I shouldn't worry about it ?=/

7) After doing some reading, I noticed there are different types even for the MAYBANKARD 2 CARDS ? Normal, gold and platinum ?? What's the difference ?

Hope that's not too much question bro

This post has been edited by Peisqo: May 23 2011, 10:55 AM

1. Annual Income: RM18K to RM30K

2. Free Lifetime Annual Fee: Either

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

4. Existing credit cards if any: HSBC (SUB card)

5. Looking at CC from: Citibank - Clear Card(got rejected one at December 2010) or AirAsia Card

6. Others: Easy to use for Paypal

Any recommend? Thanks!

1) Always pay in full and you won't be imposed interest charges.
2) No annual fees for life but you got to pay annual government service tax RM50. But if you use the Maybankard 2 cards, you can use the Treats Points to offset the RM50 i.e. spend RM2000 x 5X Treats Points = 10,000 Treats Points. Use to 10,000 Treats points ro contra RM50 GST. And if you spend RM1,000 on weekends, you get EXTRA RM50 which would offset the annual GST.
3) No need any CASA with MBB.
4) Nope. Amex with Visa or MC.
5) Those who don't have AMEX cards are just not that smart or not living in Klang Valley, hahaha
6) Since you first time applying, you have to provide pay slip, Borang BE, or any official Income Tax documents.
7) Plat got Travel Insurance and Purchase Protection Insurance.

click below link to read my article Malaysia Top Ten credit card where there is a brief coparison between MBB 2 Gold and Plat.
http://creditcardsmalaysia.blogspot.com/20...ltimate_16.html

This post has been edited by Gen-X: May 23 2011, 05:02 PM

1. Annual Income: rm60000

2. Free Lifetime Annual Fee: A Must

3. Card required for: instant cash but pay monthly/petrol/online shopping ( looking for cash rebate with reward )

4. Existing credit cards if any: Nil.

5. Looking at CC from: Citibank, Maybank, Public CIMB ...

i wonder if i should apply for platinum ... hurm hurm ...

This post has been edited by hitokai: May 23 2011, 11:34 AM

1. Annual Income: 40K "the 1st post indicates i can leave it blank!"

2. Free Lifetime Annual Fee: A Must

3. Card required for: MBF provides Purchase Protection! just been thinking wanna experience cashless, immediate transaction via paywave

4. Existing credit cards if any: Public Bank Visa Gold

5. Preferred Bank or Considering CC from banks: Maybank Visa Wave / MBF Gaia Visa Classic

6. Others:

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

This post has been edited by nopqrst: May 23 2011, 03:29 PM

Firstly, your income now needs to be RM24K to be eligible for a Credit Card according to BNM new guideline. If your salary closr to RM30K, then apply for MBB 2. If your salary around RM24K, please read back previous post.


Firstly, what you meant by INSTANT Cash? Never withdraw cash with credit card unless you are freaking desperate.

For Cash Rebate AND Reward Points - you can choose either Alliance Platinum or Maybankard 2 Cards. Since you did not mentio0ned your expected expenses monthly, I guess MBB 2 Cards will do. And yah, apply for Plat as more benefits.


MBF provides Purchase Protection! - no idea what is this. Does the MBF Gaia benefit you with this? If so, go calculate how much you can earn with the MBF card.

Since I not sure what you using your credit card for, I cannot really recommend a card to you But I can tell you that you can forget about Visa WAVE or MasterCard PayPass features because what do you actually benefit from it?

plat have higher annual fee?

---

Added on May 24, 2011, 12:19 ameh so maybank is better than citibank in term of reward?

This post has been edited by hitokai: May 24 2011, 12:19 AM

Thanks again for all your answers ... so for number 6 it is perfectly normal to submit all those forms to the bank ? Or they just require a photocopy ? Anyway sorry but just 1 more last question ..

8) Is there a way I can apply for an online banking account to check on my transactions anytime I want ?

Yes, for Maybankard 2 American Express. click beow link to see comparison between MBB 2 Amex vs Citibank Cash Back
http://creditcardsmalaysia.blogspot.com/20...-plat-cash.html

Maybankard 2 Cards Gold and Plat FREE FOR LIFE.

Also click below link to see benefits of card in brief in my artilce Malaysia Top 10 CC
http://creditcardsmalaysia.blogspot.com/20...ltimate_16.html



Yes, photocopies of your documents will do. Best place to apply if you are in Klang Valley is at MBB roadshow when you see one BUT make sure the agent is a MBB staff and not freelance so you can fax to him/her next day documents. 1U MBB Card centre also can.

8)Yes. click below link to read my article - M2U for MBB CC - You Don't Need a MBB Account
http://creditcardsmalaysia.blogspot.com/20...-cards-you.html

Great ! Thanks very much .. i think i've made my choice .. will be going 1U MBB soon

well.. since i'm just young graduates, guess the current pb visa gold shall be good enough to handle basic needs.. =P thanks

Hi all sifus..... A freshie here just starting my first job. Been on the job for 2 months and now planning to get a card...... Help me evaluate what card I should get

1. Annual Income: 26,400 (official), with OT is around 29k

2. Annual Fee: Preferrably free

3. Card required for: Groceries/Bill payments etc. Mainly for the cashbacks and some credit for just-in-case emergencies

4. Existing credit cards if any: NIL

5. Preferred Bank or Considering CC from banks: Maybank/CIMB/Public, I have existing accounts with these, so I think easier if I get a card from them

6. Others: N/A

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

Try apply Maybankard 2 Cards, it reject then apply CIMB card or Public Bank.

1. Annual Income: RM30K to RM36K

2. Free Lifetime Annual Fee: A Must

3. Card required for: Petrol(shell), Restaurants

4. Existing credit cards if any: Nil.

5. Preferred Bank or Considering CC from banks: Considering citibank shell but need annual income 36k which im below

6. Others: Main reason i want a card is for convenience at shell. I drive around alot (800-1k petrol/month) and my job requires me to entertain ppl to lunch/dinner. Its a hassle always keeping 1k+ cash worrying not enough to pay at restaurants.

7. Estimated Spending per month with the card: minimum 1.5k up to 3k+

Please advice if its possible to get the shell citibank gold or a better alternative to that.
Also my parents are shell citibank gold holders, is it easy to supp me a card?or can they reference me?

This post has been edited by lohmaikai: May 27 2011, 11:17 PM

OCBC Titanium MasterCard & Maybankard2 AMEX Gold
The cash rebates, treatpoints from these cards should fit ur monthly expenses well.
Get the bonuslink card for your fuel purpose to maximise the potential benefit.

i checked out OCBC Ti Mastercard it fits my needs well but to qualify still need 36k/annum income. Mine is slightly below
Looks like i have to go for MBB2 amex

1. Annual Income: RM36K to RM48K

2. Free Lifetime Annual Fee: No

3. Card required for: Dining, Shopping, AirMiles, Overseas Transactions, Free LCCT & KLIA Lounge Access.

4. Existing credit cards if any: American Express Platinum Credit Card, Maybankard Visa Platinum

5. Preferred Bank or Considering CC from banks: Foreign banks

6. Others: None.

7. Estimated Spending per month with the card: RM1K to RM5K

This post has been edited by jacare: May 29 2011, 01:15 PM

Well with your AMEX Plat CC, you can enter Lcct and KLIA Plaza Premium Lounge unlimted times. With MBB Plat you already have a card that gives you lowest overseas conversion rate.

For foreign banks, Citibank PremierMlles do award Airmiles instead of reward points. You get to enter KLIA Plaza Premium Lounge with it and LCCT with Priority Pass. But the overseas conversion rate won't be as competitive as MBB Plat. Also you can check out Citibank website to see if it is worth it to get the PremierMiles card in your case where you only spend between RM1K to RM5K per month. Generally those who benefit most from Airmiles are those that spend much more than RM5K per month. Read back few post where hye gave an example.

1. Annual Income: RM27k

2. Free Lifetime Annual Fee: Any

3. Card required for: Petrol(shell first priority), T&G, Dining, Shopping

4. Existing credit cards if any: none

5. Preferred Bank or Considering CC from banks: Any (have maybank saving acc)

6. Others: m2card gold rejected.

7. Estimated Spending per month with the card: RM1K

Read the 1st post.

Is OCBC the only bank with auto-GST waiver? Which card is that? Got other benefits?

Why other banks always say cannot waive the tax due to regulations, but when i cancel card, they said can waive ?!?