Hi guys, wanting to apply cimb cc for GSC buy 1 free 1 ... any1 knows how the banks calculate business(sole proprietor) income?

Erm.. For the CIMB Direct Access World Card, It said by invitation only and requires 240k Annual Income?

You can apply it provided your income is a minimum of RM200K per annum.
DA WMC Page

valid if it's a household income? example that my mom are not eligible but being the card holder, but my dad qualified for the income requirement

well, do you pay income tax? Your income would be the gross amount you declared.

the Principal applicant income only and cannot be combined with others.

What happened to the Balance Transfer thread ?

Has since moved back to where it was

Where ? /K/ ?

Duh! ... now it's back. Either I'm lost, or it's nearing 7-14

I believe you weren't loss. I think it's because of 7-14

Gen-X, my business established this year so haven't pay income tax ..

Which other card is entitled to discounts at Eraman (airport duty free outlet) apart from CIMB?

Maybank has removed 'Visa Infinite' from the list of payee of Maybankard Credit Card in M2U.

According to insider, Maybank is scheduled to launch the American Express Centurion Charge Card (dubbed Jedi card internally) before launching the Visa Infinite.

Any idea?

how about last year Income Tax Docs. Go talk to your banker and see what they need.

you manage to get a card holder? my cards are getting out of shape in my wallet and fear that it cant be swiped at some point.

hi guys, a question bothering me: ive done an easy payment of amount 3k for 12 months, im assuming they have deducted this amount from my CL for the next 12 months? if so, would the monthly installment restitute the CL by the amount paid or i hav to settle fully to recover back CL?

also, is easy payment installments flexible? can i make advance payments?

This post has been edited by hAnn: Aug 12 2011, 09:45 AM

Pardon me for saying this but you should have ask yourself this question first before creating debt for yourself.
Now only want to worry?

1. Bank have taken the entire lump sum for your easy purchase debt payment.
2. Depends, some bank release the CL bank to you in proportion of the monies paid to the debt and some would not do so until you complete payment.
3. Easy purchase debt payment flexible ? No, either you pay according to the schedule or you pay in full as early settlement. Note: some banks will penalize you for making early settlement. No bank will recognize your additional payment as advance payment to the Easy Purchase Debt Payment.

Monthly minimum payment now look like this = Minimum 5% + Monthly (Scheduled) Purchase Debt Payments
It is more than 5% already.

hye, appreciate ur enlightenments. well, there are circumstances that one could not avoid to create debt for themselves like me im moving into a new house, clearly 3k was just an example. the real figure im facing could be a threat to my emergency funds which one shall not compromise. so i have no choice other than apply easy payments.

so here comes another concern to CL, kinda got limited by it in future CC usage unless my bank releases the CL on 'pay and release' basis. i think this should be the way.

no prob with the monthly payments as long as i dont have to fork out big chunks of cash sucking me dry.

Thanks for reminding me. I almost forget about it.

I did check out Popular bookstore on the recommendation by one member here. But, I didn't like what I have seen there.

Not mean to offend the kind member. The cheap looking transparent plastic cardholder doesn't match at all with the "status" that come with the cards that I am holding. It cheapen the cards.

That is more for storing business cards. Looks like got no choice but to keep credit cards separately from wallet.

If u like to apply for a citibank, hsbc, rhb cc,
there's a booth in lelong.my e-commerce fair at mid valley exhibition centre during this weekend