MBB cardholders are fully liable for all transactions whether authorized or unauthorized.

^ no protection for cardholders

Debatable coz by imposing such condition, it is in directly confrontation of existing liability cap as set by BNM.
I guess we could confirm this by asking BNM directly whether the legal liability cap for fraudulent transactions is RM250 or the sky is the limit as set by MBB.

Very few banks will tell you upfront about this particular BNM guideline, so this T&C is not unusual at all. But for those interested, the following 2 links are worth reading.

http://www.abm.org.my/ABM%27s_Press_Statem...redit_card.aspx

http://www.loyarburok.com/2010/01/16/those...nd-bank-negara/

Was curious on something.

I will be moving over to a new property and with the ID cost ,furniture etc.Most of the things i can buy with my CC. Also will be trading my car for a newer one and the deposit can also be paid with CC. Since this will be the highest amount of cash I ever spend, was looking at a way to take advantage of this.

Which card has the best rewards point ratio to be exchanged with Mas Enrich points?? or any other frequent flyer points.

I travel to
London/Bern every Quater
Singapore every two weeks
Hong Kong every month

So far I only use Public Bank and HSBC.
HSBC relationship manager has forwarded my enquiry to the CC department but has no reply yet.
Public Bank was a no.

Any other bank??

This post has been edited by cRiXaLis: Aug 15 2011, 02:49 PM

You may want to look at MBB WORLD MASTERCARD (link)
or
CIMB ENRICH WORLD MASTERCARD (link)

depends on which airline as well..

MBB2 cards as well as Citibank Premier Miles might fit as well..

Ya, talking about "which card is best for frequent flyer", better consult hye, ben83, Miles, or Gen-X.

This post has been edited by chemistry: Aug 15 2011, 03:48 PM

Aiya ... feel shy lah.
Best card for frequent fliers

1. MBB World Master Card (Used overseas, 1 to 1 ratio on spendings to points)
2. CIMB Enrich World Mastercard (by invitation only and this is different from CIMB WMC hence best if you can get invited)
3. MBB2 AMEX card (Best for local expenditures)
4. Citibank PremierMiles (General multipurpose use but not very rewarding compared to the first 3 above)

Don't feel shy la, you deserve our respect
MBB WMC got one drawback ie. hefty annual fee, somemore non waiveable

I also feeling shy now

If one talking about Enrich Points conversion, I believe MBB WMC has the best conversion rate from its Treats Airmiles.

Every RM 2 for local transaction = 5 Treats Airmiles
Every RM 1 for overseas = 5 Treats Airmiles

5 Treats Airmiles = 1 Enrich Mile

What is more now for a limited time promo, one can get additional 20% Enrich Miles for each conversion. This means 5 Treats Airmiles = 1.2 Enrich Miles

However the annual fee is pretty hefty and only reimbursable (yes you pay upfront annual fee) if you spend above RM 100k (without Golden lounge program) & 120k (with Golden lounge program) respectively

This post has been edited by ben83: Aug 15 2011, 04:38 PM

120k / 12 months = 10k per month.
This is definitely a card for big bosses

You nailed it with the detailed info.
To be precise, the promo for the extra 20% Enrich Miles ends 31 August 2011.

Note : the Golden lounge program is only available where MAS operates their Golden Lounges. Shared and partner lounges are not included if I'm not mistaken.

Golden Lounge facility can be neglected, given that participated lounges are so limited.
If MBB change it to PRIORITY PASS, that'll make MBB WMC the best Enrich card in Malaysia, beating SCB VI. What say you?

Hahaha .... depends. Should they replace it with similar Priority Pass privilege like SCB VI, then SCB VI is beaten already. (Note: SCB VI Priority Pass give you unlimited visits unlike other bank offerings which is x no. visits per year) MBB has superior forex conversion and overall points conversion to Enrich system which SCB cannot beat.

Priority Pass mainly give you access to 3rd party lounges all over the world. It is a different class from the airline lounges.
e.g. Compare service levels between PPL and MAS Golden lounge and you will see what I mean.

If MBB WMC offer both Priority Pass and MAS Golden Lounge then they are the best premium card in Malaysia.

..... I hope MBB VP is reading this to offer me a part time job. (Let me dream ya) And not forgetting Bro Miles and Gen-X.

This post has been edited by hye: Aug 15 2011, 06:29 PM

Thanks for your valuable input. That is certainly enlightening.

Citibank I had a their Citi plat but found it useless and canceled it. So many times had fraud cases on overseas spending. Had so many issues with them.
1. I used to do a payment from my HSBC online to Citibank. There was a incident that i had used around Rm40k in a month and i did like 5 Payments. Only after 2 months they called me to ask about the payment. They had changed their system and 40k of my payments was sitting in their collection account with nothing debited into my credit card.
2. Citi Phone Is a Joke and cost me a lot waiting when I did calls from overseas.
3. Only stupid bank that ask you on compliance questions on every cheque issued from your own current account with your own money. Their compliance head must be a idiot.Banking compliance and bank owns compliance doesnt cover clients. They definately waiting to be sued on ambiguity since it always sides the person who signed the documents that was not drafted by them.
If talk about their their silly compliance, think even a whole page aint enough.

CIMB and MBB world. Hows their acceptance of this card in overseas spending??
Mastercard will be a issue in Europe as their more Visa based.

My dad had the CIMB World Mastercard but he had a lot of issues with this card when he went overseas.
So hence the question.

Invitation?? Wonder how that works unless you are in the CIMB database system.

Will check with MBB2 Amex.

I normally try to reduce the number of banks I deal with. Dont mind transferring everything from Public Bank to another local bank. Use them more for savings and atm machine convenience.

Thanks for the feedbacks.

I got a question, is there any minimum on how long you can use ur CC ? for example: I would like to make an installment for 1 year using CC then after 1 year I close my CC..

Is that possible ?

If you have 0 balance on your account, you can cancel your cc.

Thanks for the compliment And all the questions have already been answered


Yes please