1. Annual Income: RM48 to RM60K.

2. Free Lifetime Annual Fee: Yes or waive with certain condition.

3. Card required for: TM auto debit, TNB bill, water bill, astro bill, seasonal parking fees, home appliances installment.

4. Existing credit cards if any: Standard Chartered Business Platinum.

5. Preferred Bank or Considering CC from banks: No.

6. Others: I want cash back.

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

Thank you.

Hi bro Gen-X, thx 4 your quick response.

I just checked on the OCBC Titanium MC you adviced, hv some doubts:

1.) Which category of OCBC Titanium MC is under 1%? My SCB only offer me 0.5% cash back, do you think I will be rewarded better with my SCB CC if I use it for something other than the utility bills (eg. seasonal parking)?

2.) I forget to mention my digi bill auto debit, is that also entitle for 5%?

thx in advance.

1. Annual Income: RM60K-RM100K

2. Free Lifetime Annual Fee: A Must or with minimum swipe.

3. Card required for: Petrol (Esso), Groceries (AEON, Tesco/Giant/Carrefour), Utilities bill (TNB, water, mobile, Internet), Cash Back.

4. Existing credit cards if any: Maybankard 2 Cards & OCBC Titanium.

5. Preferred Bank or Considering CC from banks: No.

6. Others: I want a backup card for my existing cards if both cards reach the monthly rebate cap; and I also plan to increase my utilities bill in the future, which will easily surpass the OCBC Titanium rebate cap limit.

7. Fixed expenses per month (current expenses): RM300 - RM400 petrol, RM500 - RM900 groceries, RM100 Dining, RM250 - RM300 Utilities bill (Potential up to RM600 in the future).

8. Non-fixed expenses but recurring in RM: Up to RM2K for non-fixed expenses at least every 6 months or less, such as quit rent, assessment, Indah water (OCBC Titanium), car maintenance, medical, new gadget/home appliance, clothing & etc (Maybankard 2 cards).

This post has been edited by sleecc: Aug 14 2012, 10:56 PM

Hi Gen-X, thanks for your detail response. I have spent some time to read your blog and did some research. However, both UOB One Card & Citibank Cash Back Platinum are not attractive to me at all, besides petrol all other category only give 2% cash back at most, which I would say is inferior to Maybankard 2 Card 5x treat points. In addition, both cards with annual member fee, and UOB waiving condition needs RM36,000 annual spending, which is impossible for me to reach, unless UOB only give me their classic instead of platinum card, where 60 swipes per year seems feasible. Further more, my major concern is not petrol, but utilities bill and grocery, which contributes the most portion in my fixed expenses, and potentially high in non-fixed expenses (eg. Assessment). If I were to apply either of this cards, I believe it only cause me more problem, such as number of swipe and unnecessary GST if I do not utilize the card.

For now, I think it is better for me to stick with my existing cards (MBB 2 Cards & OCBC Titanium), because:
1.) Petrol expenses is not my major concern, although it gives me additional bonus (ie. UOB + BHP eCard).
2.) 5x treat points is more attractive than 2% cash rebate.
3.) Additional annual fee and GST is a distraction if the card is not fully utilized.
4.) I only go to the place that accept AMEX by referring to our "Places to use your AMEX", so AMEX is not a problem for me., unless the price from other places that don't accept AMEX is so low, even after 5% rebate + 5x treat points are still higher.

I can still use some strategy, such as whenever the months that I cannot reach the rebate cap, I can still use the remaining amount to top up such as Carrefour gift card or buy AEON voucher, which has no expiry date. In this case, it will provide me enough spending power in the future whenever the months that I need to spend extra on other non-fixed expenses.

This post has been edited by sleecc: Aug 19 2012, 09:56 PM