1. Annual Income:
RM30K

2. Free Lifetime Annual Fee:
A Must

3. Card required for:
Petrol (Esso)
Occasionally hotel bookings (work - claim, but I heard its better/cheaper to pay cash?)
PTPTN repayment (using FPX monthly, charged RM0.50/transaction)
Groceries (cause have J-card)

4. Existing credit cards if any:
Nil.

5. Preferred Bank or Considering CC from banks:
CIMB (cause I plan to use CIMB Clicks to pay . Weird?)

6. Others:
I will be traveling next week (Wed), so would like to get one before then.
Will mainly be using it to pump petrol. Might use it to pay back my PTPTN if cheaper compared to the current RM0.50/transaction.
Planning to purchase something above RM1500 next month (senior told that its better to pay installment instead of lump sum since now 0% interest)
If there are reward, would prefer it to be cash based and not point.

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


Tried to read this, but no time as too much work and headache , so decided to trouble you guys here . Sorry
[url=http://creditcardsmalaysia.blogspot.com/2011/07/thank-you-all-100k-page-views-guide-to.html]

, to be honest I had no idea at all on whether can be paid or not. Was thinking the same thing last night. Well, since I have sometime today, will be doing some reading during lunch time. I do like to do more research on a particular thing, but with a limited time and unlimited meetings to attend, I can hardly find anytime to do so.

Hi, I am back, and after more reading and digging, I am now dizzying.

Ok, I always have the perception that what ever you buy with a CC, you have to pay more. EG: RM2,000 if cash, but if CC then end of month will be RM2,0xx. But after some more reading, especially one of the plan that I have, buying a TV set, pay in 12 month installment with 0%, so meaning if RM2,000 by end of 12 month, I pay RM2,000? Assuming I pay on time/early.

But then I read somewhere you will be charged extra if pay early, so can I make my CC into something like a Debit Card? Meaning I know every month I need to pay RM300, I just give advance payment of RM400, for 3 months in a row, and the 4th month I did not pay in time, (bank only will charge/kill you when delay payment etc right?) do I still get charged? Since I always overpay and paid early for the last 3months, I should have extra RM300 to cover my ass.

Sorry for getting you guys . Will try to re-phrase if you can't understand the stupid me.


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Oh yeah, I am planning CIMB's CC or Maybank (like you suggested), if a showdown between these two, which would benefit me more? Both also can pay (w/o extra charge) via their own online portal right(Maybank2u/Clicks)?

This post has been edited by NoiZy: Aug 18 2011, 04:42 PM

Thanks for the good info


Alright, assuming I pump RM300/month.
Correct me if I'm wrong:
Card 1: 5% Cash Back (CB)
Card 2: 5X Treat Points (TP)

Since 5% CB is capped@RM50, I will only use Card 1 to pump once during weekend. Even if I pump RM100 during weekend, it should be useless. So instead, I will use Card 2 for its 5X TP which will convert to a 1-2% CB. Couple the 2 cards with ESSO Smiles card.

So if I used Card 1 and pumped RM50 during weekend, I will get RM2.50 discount in the next statement?
And Card 2, how do I redeem the cash back? I can see it in next statement or is it like the J Card, where you gather all the points to get something?
Smiles Card, will just redeem petrol once desired points are reached.
answer




Another thing is I plan to use it as a substitute to cash, so forget the troublesome-ness, if lets say I pump RM100 petrol this week, and next Monday I use Maybank2u and pay RM100 (statement not out yet). Is it alright?
01 Sep 2011 - Statement out (Billed RM 100)
02 Sep 2011 - RM 50 petrol
10 Sep 2011 - What are the difference if I pay RM100 vs RM150? (Assuming if I pay RM150, does that means I don't have to pay 1cent for next month's statement?)
answer - If pay RM100
answer - If pay RM150




One last Question for now. In your topic CC Slave, its true that we are charge killer interest when we are unable to settle the amount by the due date. And every other swipe that comes after will be calculate into daily interest charged until you settle the FULL amount. Lets say I am in that category, I paid short RM100, and the next month I use the card to pay for petrol RM50. So both the RM100 and RM50 will be charged the daily interest until
Paid FULL amount on
(i) the day I swipe RM50 (Pay RM200 and statement not out yet) answer
(ii) the day the statement was out (paid immediately the total amount stated on the statement) answer
(iii) paid extra RM200 just in case of some unseen charges before the due date (if I pay at 20th, do the interest stop as of 20th or will it continue to cumulate until the Due Date? answer

This post has been edited by NoiZy: Aug 19 2011, 10:38 AM

Ok, so basically MBB2card, one of it is AMEX and the other is Master/Visa.
AMEX earn 5X TP and 5% Cash back (weekends only, cap RM50/month)
Visa/Master = useless

What do you mean by RM1,000? Meaning if I spend lesser then RM1,000/month, I won't be entitled for the 5% cash back of RM50 which is RM2.50?

Thanks for the guidance. Its a good read.

So that means I was more or less right, the most benefit card among the two is AMEX, so there is practically no use holding the Visa/Master right?

Meaning if I swipe the card at Esso on weekend, I get triple bonus?!
1) 5% cash back (cap RM50)
2) 5X points (no cap) = +-2.5% cash back
3) +-1.5% cash back Esso card (no cap)


Meaning if I pump RM300/month, for 10 month
1) RM 50 x 5.0% = RM2.50 x 10 = RM25
2) RM300 x 2.5% = RM7.50 X 10 = RM75
3) RM300 x 10mnths = RM3,000 = RM45

Total in 10months, for petrol only, I get RM145 cash back. Is this correct?

ALRIGHT! I've been an idiot thinking the following:
a) Its either 5X TP or 5% cash back, never both (But seeing your calculations, it means both can happen simultaneously) [5X TP for everyday, additional 5% applicable only during Weekend)
b) RM50 cap (I thought RM50 cap was the limit per month. In other words, I thought only the first RM50 swiped on weekend are applicable for 5% cash back)

Yes, I do admit that I always get spoon fed on things that I don't know . But that is why we have lots of friends, like if I know something more then my friends, I will spoon feed them and try to answer as many question that I can. because they always tend to throw some question that I can't answer, which is a good thing so that I can learn new things as well.


1) Now, since AMEX is so so so alluring, what are the down side? (As they say, when something looks too good, there is always something hidden at the back.)
2) What is the point of having VISA/MASTERS when I have such a good AMEX card? (From all that I've read, AMEX is the better card, but what am I not seeing?)


Of yeah, let me end this post with a BIG BIG THANK YOU to you guys who patiently taught me all these stuffs.

This post has been edited by NoiZy: Aug 21 2011, 09:46 PM

Oh, ok. Anymore things that I am not seeing on AMEX?

I've checked the thread on places that accepts AMEX, I basically will only use it for petrol (ESSO) and sometime hotel (work). Will still pay most stuff via cash as I feel safer that way . And if I found places that accepts AMEX, will report to that thread. Basically that is a bonus for me (to earn TP and/or cash back).

Oh guys, will be applying my very first CC sometime this week . Since 1Utama can get it done in one hour, what are the things that I need to bring along ?

I've printed my 4months pay slip, and epf statement. Well, any other things that I should bring along? Considering going there around noon .

Do I need to slash out in blue pen for example **Application for Maybank CC date** on my IC, payslip and epf statement?

Well, thanks for the advice, so I would just draw a line across from bottom left to top right with a blue pen and write for maybankard2 application xx/08/2011.

Hopefully I will be able to go and apply for my CC this Friday

Hi, quickie, can I apply Maybank CC during the weekend? Or must it be on weekday? Cause tomorrow got extra 2 meeting liao.. zzzz