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Credit Cards Maybankard 2 Gold and Platinum Cards V3, AMEX with Visa or MasterCard

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Waachaaa
post Oct 18 2011, 10:37 AM

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It was mentioned the Amex 5% is only applicable for weekends

Base on my current transaction on other CC.
The transaction date is on weekend but posting date is on weekday.
Will i still be getting the 5% rebate is i swap using Maybankard 2?

Almost 80% of my posting date is on weekdays.
jian5481
post Oct 18 2011, 10:45 AM

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Yes, rebates are based on transaction dates. smile.gif
weeloong81
post Oct 18 2011, 11:48 AM

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QUOTE(erry- @ Oct 18 2011, 09:27 AM)
not 1 day, but 1 hour thumbup.gif and yes the offer still there. u get rm10 starbucks voucher and go back there after 1 hour.

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Thanks... how about 1U branch? Open on weekend?
echoesian
post Oct 18 2011, 11:50 AM

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QUOTE(erry- @ Oct 18 2011, 09:27 AM)
not 1 day, but 1 hour thumbup.gif and yes the offer still there. u get rm10 starbucks voucher and go back there after 1 hour.

deduction of points can be either from just 1 acc (or in ur case, 1 credit card) or multiple acc (saving/current/atm/credit card) combined, as long under 1 IC.

if u redeem online, the combined method will be use ~
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only maybankard center at klcc give starbucks voucher? How about the one at One Utama?
psiloveu
post Oct 18 2011, 12:01 PM

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QUOTE(echoesian @ Oct 18 2011, 11:50 AM)
only maybankard center at klcc give starbucks voucher? How about the one at One Utama?
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the one u maybank card centre also give starbuck voucher to walk in customers. smile.gif
Sitting Duck
post Oct 18 2011, 01:55 PM

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Hi All, the 5% cash back on weekend is for all transactions? Do I still get 5x treat points on top on the 5% cash back?
fruitie
post Oct 18 2011, 02:10 PM

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QUOTE(Sitting Duck @ Oct 18 2011, 01:55 PM)
Hi All,  the 5% cash back on weekend is for all transactions?  Do I still get 5x treat points on top on the 5% cash back?
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Yes.
SUSDavid83
post Oct 18 2011, 03:41 PM

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QUOTE(Sitting Duck @ Oct 18 2011, 01:55 PM)
Hi All,  the 5% cash back on weekend is for all transactions?  Do I still get 5x treat points on top on the 5% cash back?
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You'll get TP no matter when you swipe.
mletee
post Oct 18 2011, 03:58 PM

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QUOTE(Waachaaa @ Oct 18 2011, 10:37 AM)
It was mentioned the Amex 5% is only applicable for weekends

Base on my current transaction on other CC.
The transaction date is on weekend but posting date is on weekday.
Will i still be getting the 5% rebate is i swap using Maybankard 2?

Almost 80% of my posting date is on weekdays.
*
yes..u will get it also..as long as the transaction date is on weekend then u will get it..
CP88
post Oct 18 2011, 04:42 PM

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QUOTE(erry- @ Oct 12 2011, 04:14 PM)
thats mean the transaction on PayPal is charged on same day (20 August).

2 things about 2.5% here:

1. 5x TP is ± 2.5% cashback (if u take 10k tp to redeem rm50 gst or voucher)

2. 2.5% is also an additional amex fee.

example, on 20 august 2011 the rate for $1 is probably between rm2.97 to rm2.992 (source look between 18 august lowest to 25 august highest).

let say we take it as rm2.9725, if u convert $23, it should be rm68.3675, but with amex, need to + 2.5% so it will be rm70.0766875

urs being charged rm70.08 so it is ± within the range. coz we donno what is exactly rate use by maybank.

notworthy.gif

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Hi bro erry,
Even though you have max out the RM50/month rebates, the 2.5% admin fee will also be weighed back by the 5x TP(~2.5%). In other words from the transaction above,

$23 = RM68.3675 + 2.5% (admin fee) =rm70.0766875
Rm70.0766875 - 2.5% (5X TP) = RM68.3675

hmm.gif

Correct me if I am wrong. notworthy.gif

This post has been edited by CP88: Oct 18 2011, 04:43 PM
zenquix
post Oct 18 2011, 05:08 PM

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QUOTE(CP88 @ Oct 18 2011, 04:42 PM)
Hi bro erry,
Even though you have max out the RM50/month rebates, the 2.5% admin fee will also be weighed back by the 5x TP(~2.5%). In other words from the transaction above,

$23 = RM68.3675 + 2.5% (admin fee) =rm70.0766875
Rm70.0766875 - 2.5% (5X TP) = RM68.3675

hmm.gif

Correct me if I am wrong.  notworthy.gif
*
Actually the 5x takes into account the admin fee you already paid.

so $23 = RM68.375

+ 2.5% admin fee = RM70.0766875

- 5x TP (assume intrinsic value of 2.5%) = RM68.3247703125

However you need to note :
- you only gain the 2.5% if you redeem your treapoints at 0.5 sen to a treatpoint. There are redemptions that are more, there are redemptions that are less
- with the Amex admin charge, you are actually 'buying' your points at a discount... you save 0.05 sen in the transaction above (coz the value of the treatpoints you earned you have already paid for via the Amex admin charge) i.e. you get RM10 worth of points by paying RM9.95 upfront

This post has been edited by zenquix: Oct 18 2011, 05:09 PM
erry-
post Oct 18 2011, 05:29 PM

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QUOTE(CP88 @ Oct 18 2011, 04:42 PM)
Hi bro erry,
Even though you have max out the RM50/month rebates, the 2.5% admin fee will also be weighed back by the 5x TP(~2.5%). In other words from the transaction above,

$23 = RM68.3675 + 2.5% (admin fee) =rm70.0766875
Rm70.0766875 - 2.5% (5X TP) = RM68.3675

hmm.gif

Correct me if I am wrong.  notworthy.gif
*
for me, i dont want to make calculation of 5TP = 2.5%

coz u can only redeem TP with certain amount.

smile.gif
TSGen-X
post Oct 18 2011, 05:51 PM

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QUOTE(zenquix @ Oct 18 2011, 05:08 PM)
Actually the 5x takes into account the admin fee you already paid.

so $23 = RM68.375

+ 2.5% admin fee = RM70.0766875

- 5x TP (assume intrinsic value of 2.5%) = RM68.3247703125

However you need to note :
- you only gain the 2.5% if you redeem your treapoints at 0.5 sen to a treatpoint. There are redemptions that are more, there are redemptions that are less
- with the Amex admin charge, you are actually 'buying' your points at a discount... you save 0.05 sen in the transaction above (coz the value of the treatpoints you earned you have already paid for via the Amex admin charge) i.e. you get RM10 worth of points by paying RM9.95 upfront
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Just to add, putting the 5% cash back aside, for those using MBB2 AMEX (for non company expenses), you'll be better off using MBB 2 Visa or MC and pay less upfront.

This post has been edited by Gen-X: Oct 18 2011, 05:53 PM
Sitting Duck
post Oct 18 2011, 06:30 PM

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QUOTE(CP88 @ Oct 18 2011, 04:42 PM)
Hi bro erry,
Even though you have max out the RM50/month rebates, the 2.5% admin fee will also be weighed back by the 5x TP(~2.5%). In other words from the transaction above,

$23 = RM68.3675 + 2.5% (admin fee) =rm70.0766875
Rm70.0766875 - 2.5% (5X TP) = RM68.3675

hmm.gif

Correct me if I am wrong.  notworthy.gif
*
OK. Now I'm confused. What is admin fee? Do I have to pay 2.5% for all the transaction that I made using AMEX? I thought AMEX is like normal credit card. I buy RM50 and I pay RM50? Don't tell me I have to pay 2.5% extra on top of the RM50?
clawhammer
post Oct 18 2011, 06:37 PM

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I have a question smile.gif If I have the normal Maybank Platinum and AMEX, can I get it changed to Maybank 2 Platinum/AMEX?
Human Nature
post Oct 18 2011, 06:39 PM

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QUOTE(Sitting Duck @ Oct 18 2011, 06:30 PM)
OK. Now I'm confused. What is admin fee? Do I have to pay 2.5% for all the transaction that I made using AMEX? I thought AMEX is like normal credit card. I buy RM50 and I pay RM50? Don't tell me I have to pay 2.5% extra on top of the RM50?
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The discussion was on overseas transaction whereby the admin fee is ~2.5% for amex smile.gif
TSGen-X
post Oct 18 2011, 07:43 PM

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QUOTE(clawhammer @ Oct 18 2011, 06:37 PM)
I have a question smile.gif If I have the normal Maybank Platinum and AMEX, can I get it changed to Maybank 2 Platinum/AMEX?
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Yes but not really change. You can apply for the Maybankard 2 Cards (see first post, you can download form or even apply via email or just go to 1U or KLCC and get the card in 1-2 hours) and it sure will be approved since the Credit Limit will be shared with your Maybank Platinum CC. After you get the Maybankard 2 Cards, call up CS and cancel whatever card you want and transfer whatever Treats Points you have to your new Maybankard 2 Account. As for AMEX AMEX it is a separate card by itself so use up your MR before you cancel.

This post has been edited by Gen-X: Oct 18 2011, 08:26 PM
Sitting Duck
post Oct 18 2011, 07:48 PM

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QUOTE(Human Nature @ Oct 18 2011, 06:39 PM)
The discussion was on overseas transaction whereby the admin fee is ~2.5% for amex  smile.gif
*
Thanks dude. I'm relief now. Going to sign up for
MBB card when I have the chance. I spent 10K a week ago and got like 10k reward points for HSBC card. Can't even redeem RM 50 tesco voucher. If I were to charge that to Amex card and get 5x treats points, with 50k treat points, I could have redeem RM 200 telco or Jusco and still have some balance treat points.
TSGen-X
post Oct 18 2011, 07:52 PM

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QUOTE(Sitting Duck @ Oct 18 2011, 07:48 PM)
Thanks dude. I'm relief now. Going to sign up for
MBB card when I have the chance. I spent 10K a week ago and got like 10k reward points for HSBC card. Can't even redeem RM 50 tesco voucher. If I were to charge that to Amex card and get 5x treats points, with 50k treat points, I could have redeem RM 200 telco or Jusco and still have some balance treat points.
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and if you had spent it on a weekend, you would get another RM50 smile.gif
candle
post Oct 18 2011, 09:16 PM

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QUOTE(David83 @ Oct 17 2011, 09:18 PM)
PIN is meant for ATM transaction including cash advances.

You can use either PIN/card to setup for M2U access if you don't have yet.
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When i press the first time login, i need to provide the access no. and the pin.
do i have to get the pin from bank or otherwise?

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