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 Debit Card V3

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jfleong
post Jun 21 2017, 10:45 AM

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QUOTE(eeeglow24 @ Jun 21 2017, 10:18 AM)
Don't know if this is the right thread to post.
These are my transaction on Visa Platinum Debit few days ago.

-Transaction date: 18/6/17
- amount charged in foreign currency: £237.47
- amount billed in MYR: RM1319.34
- Final exchange rate: 5.5558

Based on this I calculated that the fee for Maybank Debit Card Visa is 1.2525%. Is that correct?
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Nope. it's 1% based on Visa rates
But Visa rates are slightly higher than actual rates, around 0.25% , so the figures are spot on
(1.0025*1.01=1.012525, 1.2525% mark up)
Tip : spend with MasterCard to save, especially with a high value transaction because MasterCard rates are marginally better

This post has been edited by jfleong: Jun 21 2017, 10:46 AM
eeeglow24
post Jun 21 2017, 12:42 PM

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QUOTE(jfleong @ Jun 21 2017, 10:45 AM)
Nope. it's 1% based on Visa rates
But Visa rates are slightly higher than actual rates, around 0.25% , so the figures are spot on
(1.0025*1.01=1.012525, 1.2525% mark up)
Tip : spend with MasterCard to save, especially with a high value transaction because MasterCard rates are marginally better
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Thank you for the suggestion.

Can you please confirm that the amount that I would pay if I were to use Cimb Mastercard Debit card will be RM1323.79?

I calculated this based on transaction date 18/6/17 and using mastercard exchange rate with 1.9899% mark up.

Thanks.

jfleong
post Jun 21 2017, 01:32 PM

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QUOTE(eeeglow24 @ Jun 21 2017, 12:42 PM)
Thank you for the suggestion.

Can you please confirm that the amount that I would pay if I were to use Cimb Mastercard Debit card will be RM1323.79?

I calculated this based on transaction date 18/6/17 and using mastercard exchange rate with 1.9899% mark up.

Thanks.
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Hope this helps
According to the PDS the mark -up for CIMB Debit is 1%


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jfleong
post Jun 21 2017, 01:33 PM

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Has anyone received an SMS from HLB about the debit card promo tomorrow?
eeeglow24
post Jun 21 2017, 02:53 PM

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QUOTE(jfleong @ Jun 21 2017, 01:32 PM)
Hope this helps
According to the PDS the mark -up for CIMB Debit is 1%
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Thank you.

I had last time used Cimb Debit Mastercard on 9/5/17 for the amount of £16.99 transaction and the amount I paid is 97.38 (marked up 1.99%).

Thats why I thought that the mark up amount is 1.99/1.9899, not 1%. And based on this mark up rate, I got RM1323.79 as the amount for £237.47 for transaction dated 18/6/17.

Am I correct on this?

Thanks.
hirano
post Jun 23 2017, 07:12 PM

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QUOTE(#Victor @ Jun 18 2017, 12:50 PM)
For Maybank, if you opt for non annual fee, first four cash withdrawals in a month at any Maybank ATM will be free. RM0.50 per withdrawal for fifth withdrawal and above in a month.

Of course u can opt back for the unlimited withdrawal option any time.

» Click to show Spoiler - click again to hide... «

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How about CIMB? The debit card rm15.90 fee charge is killing.

Cimb is just my spare card, so i withdraw only 1-2 times a month only at most.

This post has been edited by hirano: Jun 23 2017, 07:12 PM
#Victor
post Jun 23 2017, 07:30 PM

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QUOTE(hirano @ Jun 23 2017, 07:12 PM)
How about CIMB? The debit card rm15.90 fee charge is killing.

Cimb is just my spare card, so i withdraw only 1-2 times a month only at most.
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For CIMB I also encounter with this annual fees thingy.
Here is the story, if you want to opt for non annual fee, yes, it has the option to opt for non annual fee but only Basic Savings Account has the options, if you have other saving accounts other than BSA then you are no luck to have non annual fee one. You can't convert to BSA, the only way is close your existing SA and reopen with BSA (remember to mention that you want BSA when you opening a new SA).
SUSreplayzxc
post Jun 24 2017, 11:01 PM

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Guys, recently i used my debit card to pay for my grabcar, but the payment was declined. I sent in a support ticket and this is what i get:

user posted image

What does the person mean by contact your issued bank to authorize this payment?

I thought debit card can be used for online payment instantly.

This post has been edited by replayzxc: Jun 24 2017, 11:02 PM
moonsatelite
post Jun 25 2017, 12:15 AM

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QUOTE(replayzxc @ Jun 24 2017, 11:01 PM)
Guys, recently i used my debit card to pay for my grabcar, but the payment was declined. I sent in a support ticket and this is what i get:

user posted image

What does the person mean by contact your issued bank to authorize this payment?

I thought debit card can be used for online payment instantly.
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What bank are you using? You might have to enable Online Purchases through customer care hotline or internet banking.
SUSreplayzxc
post Jun 25 2017, 09:52 AM

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QUOTE(moonsatelite @ Jun 25 2017, 12:15 AM)
What bank are you using? You might have to enable Online Purchases through customer care hotline or internet banking.
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Maybank. What should i do actually? I applied for this card two weeks ago.

This post has been edited by replayzxc: Jun 25 2017, 10:10 AM
cybpsych
post Jun 25 2017, 10:21 AM

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QUOTE(replayzxc @ Jun 25 2017, 09:52 AM)
Maybank. What should i do actually? I applied for this card two weeks ago.
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call customer service

number is behind the card
Nom-el
post Jun 26 2017, 10:17 AM

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Is it possible to pay bills using debit card in UOB payonline? Any other ways to pay bills online using debit card? Thanks.
OneMoreDay
post Jun 27 2017, 06:17 PM

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Can anyone recommend a prepaid cashcard? I know Maybank, AEON, and AirAsia's Big. I want no fuss as possible and the ability to use overseasand online without any hassle. I'm currently using Ambank's debit card and that's been a total pain.
AmericanPig
post Jun 27 2017, 06:24 PM

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Can I enable public bank overseas purchase through online? after 10minutes still no one answer the call lol.
moonsatelite
post Jun 27 2017, 06:27 PM

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QUOTE(AmericanPig @ Jun 27 2017, 06:24 PM)
Can I enable public bank overseas purchase through online? after 10minutes still no one answer the call lol.
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I'm afraid that if calling does not work then you need to go to an ATM, cause only credit cards can activate the online purchase function through PBe.
AmericanPig
post Jun 27 2017, 07:29 PM

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QUOTE(moonsatelite @ Jun 27 2017, 07:27 PM)
I'm afraid that if calling does not work then you need to go to an ATM, cause only credit cards can activate the online purchase function through PBe.
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ok, thanks !
cybpsych
post Jun 30 2017, 09:24 PM

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Kempen "RM 5 Dining Cash Back" [ CIMB | T&Cs (EN) | T&Cs (BM) ]
1 July 2017 - 30 September 2017

Nikmati RM 5 pulangan tunai untuk pelbagai sajian apabila anda #Debitjer dengan CIMB Debit Mastercard!


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Debit Card Replacement - Replace to the new Debit Card with MyDebit today! [ CIMB | T&Cs (EN) | T&Cs (BM) ]
1 July 2017 - 30 September 2017

Replace your old ATM/Debit Card to the NEW CIMB Debit Mastercard with MyDebit logo today and stand a chance to win a share of RM1,000,000!
cybpsych
post Jul 1 2017, 08:42 AM

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Spend. Win. Travel with UOB Debit Mastercard [ UOB | T&Cs (EN) | T&Cs (BM) ]

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cybpsych
post Jul 6 2017, 11:41 AM

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Standard Purchase Limit for Visa and MasterCard Debit [ Maybank ]

Effective 15 July 2017, the daily default limit for purchases with Maybank Visa Debit and MasterCard Debit Cards will be standardised to the followings:

Debit CardsDaily DEFAULT LimitMaximum Daily Purchase Limit
• Visa Debit RM1,000RM5,000
• MasterCard Platinum Debit/Visa Platinum DebitRM2,000RM10,000

Please be informed that you may increase or decrease your purchase limit via:
• ATM
• Maybank2u
• Maybank Branches
• Customer Care

Note: To disable WAVE transaction and only allow PIN transactions, please call Maybank Group Customer Care at 1300 88 6688.
b0rhui
post Jul 8 2017, 06:26 PM

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Is it possible to dispute a maybank debit card transaction? i have backed a project on kickstarter and it turned out to be a scam. last update was in december 2016. victims on FB group are all disputing their charge

Any kind souls please help cry.gif

This post has been edited by b0rhui: Jul 8 2017, 06:27 PM

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