Looking for a recommendation, currently holding (primarily) Alliance Plat for around 8 yrs.

1. Annual Income: RM100K and above

2. Free Lifetime Annual Fee: No

3. Card required for: All daily spending

4. Existing credit cards if any: Alliance Plat, IKEA Friends

5. Preferred Bank or Considering CC from banks: -

6. Others: I am looking for the ideal card for generating MAS Enrich Miles

7. Estimated Spending per month with the card: varies, 5-20k per month, usually around 80-100k p.a.

here the list, based on conversion rate ~

1. rhb travel money, min rm24k p.a, free 1st year then rm70.

rm1.75 = 1 enrich miles (for airline tickets, travel packages and duty-free purchases, where rm1 = 2 point)
rm3.5 = 1 enrich miles (for normal spending, where rm1 = 1 point)

the conversion rate is 1750 points = 500 enrich

2. american express. rm2.8 = 1 enrich miles

the conversion rate is 5600 mr = 1000 enrich miles, and amex swipe rm1 = 2 mr.

-----> 2a. gold credit card, min rm60k p.a, free for life.
-----> 2b. gold card, min rm48k p.a, free 3 years then rm238.
-----> 2c. plat credit card, min rm60k p.a, free 1st year then rm800.

3. cimb enrich master. rm6 = 1.5 enrich miles, oversea rm4 = 1.5 enrich miles.

-----> 4a. plat, min 100k p.a, free 1st year then rm388 (waived if spend rm100k/year @ 50% if rm50k/year).
-----> 4b. gold, min 60k p.a, free 1st year then rm168 (waived if spend rm50k/year).

4. citibank premiermiles visa. min rm60k p.a, free 1st year then rm600. rm3 = 0.73 enrich miles.

the conversion rate is 1 premiermiles = 0.73 enrich, and this card is rm3 = 1 premiermiles

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Added on October 26, 2011, 5:15 pmbtw alliance conversion rate is normal (same with other bank), rm6 = 1 enrich miles (6000 = 1000).
while hlb rate is 7000 = 1000.

This post has been edited by erry-: Oct 26 2011, 05:15 PM

thanks,

been using alliance because i also get the cash back + the miles. since its mostly normal spending amex seems a good choice. does the maybank combo has the same conversion rate as the regular amex ?

The AMEX MBB2 provides 5x points per every RM1 and the conversion to Enrich is 7000 = 1000 Enrich. Plus there's the cash back feature on weekends.
(Points ratio corrected)

This post has been edited by hye: Oct 27 2011, 10:05 PM

Sir, I am blur when it comes to airmiles thingy and just not bothered since I am not into it.

But a quick glance on what you mentioned, it does seems that MBB 2 AMEX beats all the other cards mentioned by erry and even MBB WMC for every local RM1 spent (exclude 10X MR for AMEX PLAT)?

AMEX MBB2 seems to be perfect. cash back limited to weekends but 1,2 RM = 1 mile is pretty great. thanks! have to calculate the values vs. what i get right now to see.

reason for the miles: they seem to be more worth it than the other stupid gifts and vouchers (to me) so i am pretty keen on them. current spending gives me almost one free trip to europe with mas.

Based on your expertise in computation, good to know MBB 2 good for Enrich too

Yah, hye is the expert in airmiles in this Finance Sub-section

Another thing, not necessarily you need to go for gifts or cash vouchers. you can also do On The Spot Redemption (where you can redeem your points to pay for stuff) at selected merchants. Go check it out.

By the way, have you found the perfect card for your Petrol usage?

This post has been edited by Gen-X: Oct 26 2011, 08:22 PM

Ahh .. never mind. We are all here to share what we know best and I believe each have our own specialities. Aiyah ... I'm not the specialist in Airmiles.
MBB2 Amex (IMHO) is best for local purchases should the shop accept AMEX and I agree it beats other cards by miles ahead. Most banks will offer 1x or sometimes 2x for local spendings and conversion varies from 5000-7000 points just to earn 1000 Enrich points.

I don't fancy PremierMiles by Citibank as it rather confusing to calculate the conversion and once you figure it out ... the conversion is very bad. I already feedback this to Citibank via their CS when I cancelled my card several months back. CS also dunno what to say to their defense when I pointed out the PM reward system vs. MBB WMC (MBB VI not yet exist back then).

An overview of the Top 3 in my opinion (Airline miles collection category),

1. The best is currently the MBB VI 4500 points = 1000 Enrich. Local spending RM1 = 2 points, overseas RM1 = 5 points
2. MBB WMC 5000 points = 1000 Enrich. Local spending RM1 = 1 point, overseas RM1 = 5 points
3. SCB VI (on your birthday month) 6000 points = 1000 Enrich. Overseas RM1 = 10 points.

There's variations on how the bank rewards you for local and overseas spendings and of course there's the card eligibility requirements that one need to consider. I'm just stating the above as an overview but readers need to view the specific eligibility requirements and of course the AF imposed on these cards. Those who are seeking auto AF fee waivers should stay clear on the cards above - they can be (possibly) waived but the bank expects you to spend ... lots of of it or have lots of cash deposited with them.

Oh yes .... no issue to convert the points but to note to give about 2 weeks just in case. So don't go and convert the points if you intend to fly within the next couple of days ... the Enrich points may not appear in time.

I know I'm slightly off topic ... apologies. Since there's an opportunity to mention this ... just taking advantage.

This post has been edited by hye: Oct 26 2011, 08:19 PM

Thank you, very valuable info. Like I said, when it comes to airmiles, you are the one

Must post above info in first page so others no need search for it.

This post has been edited by Gen-X: Oct 26 2011, 08:13 PM

thanks again for all the pointers. the problem comes when you want to see which card gives you the overall best return. have to factor in the cash back and minus possible charges. aiyah... will do that tomorrow.

but amex MBB2 seems to be spot on. i can even make use of some cash back through weekend purchases. and when amex is not accepted i can revert to alliance. balancing the spending properly might be tricky.

for petrol: this issue solved itself through the wonder of company paid petrol (have to use their card) which has reduced personal petrol purchases to such a small amount (maybe 100 RM per month) that it didnt warrant getting an additional card just for petrol. if we get MMB2 then can pump on the amex though so that "problem" would be solved too.

welcome.

oh yeah no wonder i feel like missed something, its maybankard 2 amex! haha

btw, conversion rate for mbk2 is 7000 tp = 1000 enrich.
to get 7000 tp, must swipe rm1400, so the ratio is rm1.40 = 1 enrich

my list is based on 100k p.a income as PJusa stated, both mbb card need rm240k p.a and scb for priority banking cust only

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Added on October 26, 2011, 10:51 pmyes u can use mbk2 amex at petrol station on weekend and get the 5% cashback too

This post has been edited by erry-: Oct 26 2011, 10:51 PM

haha, guess you better read properly next time, he stated RM100K and above and we Seniors at Finance Section knows he's good at finance matters.

i looked into MBB VI as well. 4500 points for 2250 RM spening is not bad to get 1000 miles, but it means i need to spend 2,25 per mile without any additional cash benefits (i dont golf!). so MBB2 amex seems to be better (a lot) if i want to maximise miles and (if possible) get some cashback. also i wont have to look at the amount i spend and can safely spread the money across cards where and when needed.

totally appreciate the input - you guys are ever so much more versed in the world of cards. i only used citibank, rhb and alliance so far. any other offers i usually just decline because additional cards are additional hassle...

hehe ok. he should stated rm240k and above, easier

go for mbk2 amex.

u just need no spend rm1400 to get 1000 enrich

yes i came to the same conclusion.

Alliance Bank Plat: spend 5k gets me 68,75 cashback + 5000 pts (assume ideal spending) = 833 miles; assuming one mile has a value of 5sen i have a total of 68,75+41,65 (miles) = 110,40 value

MBB2 Amex: 5k gets 25k points and (worst case) no cash back. 25k pts get 3571 miles = 178,55 RM value + any cashback i might be able to get.

will file an application and keep alliance visa in case i run into a place where they just wont take amex - the MBB2 Visa seems like a waste of pocket space or am i missing something there?

thanks again for the pointers and the overview for airline cards.

yes mbk2 visa or mastercard can just leave in drawer @ home.

i also use alliance plat for place not supporting amex for cashback

okay lah, not good Overseas travelling card oso nvm. What to do, my salary so low, but my company send me to very expensive countries then ask me pay first. I have a Mastercard and Amex, maybe considering a Visa just to be sure I am pretty well covered overseas. Any suggestion?

As our senior said, a better card is limited by your income. Apologies if it sounds offensive but we're just being straight forward and no bias here.
Cannot recommend anything else already and if you don't believe ... ask all the seniors here ... they'll agree with erry and me.

Actually for his case, any card also will do since his company will reimburse him BUT if he was to consider Personal Gain, his MBB 2 AMEX is good with minimum 5X TP and if he wants to pay less upfront, he already got the best card i.e. MBB 2 MC.

The problem is before reimburse how?
Lower income, lower CL, susah lo.