Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Recommendation for Credit Cards V1, TQ to contributors ! (From MOD)

views
     
Redondo04
post Jul 30 2012, 08:58 PM

New Member
*
Junior Member
29 posts

Joined: Jun 2012
1. Annual Income: RM36K to RM48K

2. Free Lifetime Annual Fee: Not a must

3. Card required for: Petrol, shopping, expensive electronic gadget.

4. Existing credit cards if any: Nil

6. Others: Must be easy to pay the CC bills. best if i can use publicBank(Pbe) or Maybank(MayBank2U) e-banking to pay it.

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

What card should is the best for me? Will be my first CC.

Thx in advance.
Redondo04
post Jul 31 2012, 09:48 AM

New Member
*
Junior Member
29 posts

Joined: Jun 2012
QUOTE(Human Nature @ Jul 30 2012, 09:13 PM)
Maybank 2 card + OCBC ti would be a good start. You may read up on several prior posts for the benefit of both cards.

As for the electronic gadgets, you may look at Mach by Hong Leong which offers:
- 2% Cashback on Tech stuff including: Machines, IT Hypermarket, Epicenter and so much more (MCC 5045 and 5732) - capped at RM100(? unsure)
http://forum.lowyat.net/topic/242121

ps/ not to be busybody, but your estimated expenditure is that high?  sweat.gif
*
QUOTE(Gen-X @ Jul 30 2012, 10:04 PM)
The first card to get is the OCBC Titanium MasterCard where you can earn 5% cash back for your Petrol everyday. This card also earns the cardholder 5% cash back for Dining, Telco and Groceries besides Utilities. For general transactions, this card earns you 1% cash back and the total cash back is capped at RM50/month. Therefore if you spend RM1000 on petrol, dining and telco, you would have hit the monthly cap and as such would not earn a sen further. However, if you do not have Credit History, don't be surprised if OCBC reject your application since are they are kind of "choosy" .

The other card to consider is the Maybankard 2 Cards where the AMEX earns you 5X Treats Points PLUS additional 5% cash back for any type of transactions on Saturdays and Sundays. Click here to read my review of Maybankard 2 Cards versus OCBC Titanium MasterCard.

The Maybankard 2 Cards AMEX is accepted at most merchants offering electronic gadgets i.e. Courts, Fotokem, Harvey Norman, Machines, Dell, Sony Centres, DiGi, Maxis, Celcom and even All IT.

And since you are new to credit card, I suggest you read my series of articles for Credit Cards for Beginners by clicking here to the prelude. After you completed this series of articles, you will understand why the Maybankard 2 Cards with 5X TP is the most rewarding card in the market currently for local transactions.

As for shopping , that's very general, you will need to go to each bank website and see if they offer any discount at your favorite outlets. For example, if you shop at GAP very frequent, Citibank credit cards are good.
*
hmm.gif I will seriously look into this the OCBC ti and Maybank 2card.
But now my question is...can i pay the bill of both this card by using e-banking?

Redondo04
post Jul 31 2012, 10:10 AM

New Member
*
Junior Member
29 posts

Joined: Jun 2012
The minimum requirement to apply for the Maybankkard2 Card is:

platinum: RM60k
gold: RM30k
(p.a. salary)

So I'm oni qualified for the gold.
But i cant find what's the diff between gold n platinum.
Could anyone pls enlighten me TQ.

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0630sec    0.79    7 queries    GZIP Disabled
Time is now: 15th December 2025 - 10:22 PM