wah straight away qualify for Samsung Tab or Ipad2 contest

You made a lot of big purchases with MBB cards at the apple store. So you would qualify for (depending on card)

100 iPad 2 To be Won!

Samsung Galaxy Tab

This post has been edited by zenquix: May 25 2011, 11:19 AM

change of policy?....

most probably high number of cancellations

myeg? etiqa?

i think posting date is inaccurate. It is not related to the posting date but rather the merchant's processing date that directly affects the actual transaction date.

example 1: a lot of online merchants only process orders taken on weekends on Monday, so your transaction date is Monday and not the weekend (and miss out on 5%)

example 2: a transaction made between 12am - 1am Saturday came up to be a transaction dated Friday (as the merchant only processed the previous days orders at Saturday AM)

usually. you might be surprised to know but i experienced it buying airline ticket from MAS

This post has been edited by zenquix: Jun 21 2011, 08:33 AM

No. When I was in the US the transaction dates were based on US Local time and not Malaysian time.

premier miles would be a good card had the complimentary priority pass been for unlimited visits like most overseas plat cards.

Sounds like you are one of those 'silver spoon to the mouth" backgrounds. It is your choice to continue to carry such a large balance and yet want more cards (of high limits) to continue the debt spiral. It doesn't scream "prudent financial management", and could possibly hint to the banks you may not be exactly mature enough to handle such large credit limits.

Possible high income due to directorship/position in FAMA company?

Just my 2 cents.

I had a bad experience getting HSBC to give the same promotions to the Amanah cards. So I cancelled it.

depends on which airline as well..

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

I recall it is for dept stores and groceries only. Correct me if I am wrong

think it is more like competing with Citibank to have the largest cardholder base in Malaysia. Not to mention MBF also has a sizable merchant network

This post has been edited by zenquix: Aug 23 2011, 02:27 PM

The reason in bold is why your friend got the card, not because of the sub card. If you really want the card, then bring all documents to counters/road shows in shopping centres and get the agents to apply for you. You can also try the maybankard centre in 1u

not true. I've seen the merchant slip having the full number

late 1 month won't die.. just record will be bad and hard to get other loans and credit cards in the future.

My suggestion is if he really can't pay in full, pay the MINIMUM amount so that he can take advantage of better interest rates.

if he runs, then he will get sued, lose all savings and assets and made a bankrupt. If you are really a friend, never encourage him to do this. Instead encourage him to stop spending. How do you rake up a Rm13k debt that you know you can't pay...

This post has been edited by zenquix: Oct 4 2011, 02:36 PM

is there even a minimum? I don't intend to find out.

look at it this way. at 13k debt and 18% p.a., it will reach 20k in abt ~ 3 years if he does not pay or charge new transactions to the card. Although if he does not pay for ~ 3 months it will already ring bells in the banks. Do you know the the banks can take money from your accounts to pay off your debts without needing your express permission? (cause you already gave it them when you signed the application form).

If you can't afford it, don't buy it.

This post has been edited by zenquix: Oct 4 2011, 02:44 PM

From googling, min total debts to be made a bankrupt is RM30k (but includes all debts - study loans, car loan, house loan, personal loan, credit card)

Sad to see a person overspend to the point they can't even make a 5% payment

Options
1) cut expenses - stop eating out
2) any assets (FD, ASB)? - take it out as the dividend earned is much less than the interest charged to the card
3) Balance transfer to other cards. usually it will be lower interest but if your friend is not matured enough to control spending, it will just be a bigger hole to cover
Cards with 0% rate now is Maybank and CIMB but I doubt your friend can get a card with a credit limit big enough to stomach that credit transfer, lest settle 13k in 12 months
4) AKPK - when you are unable to even make min payment, he should know he is already in trouble.

Option 3) does not necessarily solve your "unable to make min payment problem" since it just moves the bill to other cards (just not growing anymore if you manage to get a 0% plan)

Finally CUT the card! Stop him from spending. It is apparent he is not matured enough to handle the responsibility of unsecured credit.

This post has been edited by zenquix: Oct 4 2011, 03:05 PM

not really an excuse. The account here is free.