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

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CP88
post Sep 29 2011, 03:51 PM

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QUOTE(winner @ Sep 29 2011, 02:21 PM)
I suggest that a new thread "Online Hotel Bookings via Credit Card" be created. Please come out with a format that everyone could follow. You are nominated and the best person to create this thread.
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+1. This will enable better sharing among our LYN members rclxms.gif
CP88
post Oct 12 2011, 02:13 PM

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QUOTE(fruitie @ Oct 12 2011, 01:42 PM)
Oops, I missed out this point. I tried using AmEx and wanted to pay my Flickr Pro account using it and it was a hooha for me. sweat.gif In short, got charged few times but luckily got all the charges reversed. sweat.gif

In the end, I linked my AmEx to PayPal and paid the Flickr Pro account using PayPal. Hassle free. biggrin.gif
Yes, I got the 5xTP and I purposely waited till weekend to pay it and I got 5% off as well. biggrin.gif
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Hi Fruittie,
How long does it take for the transaction to be reflected in your account for overseas transaction?
CP88
post Oct 12 2011, 02:47 PM

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QUOTE(WaCKy-Angel @ Oct 12 2011, 02:33 PM)
Correct, exchange rate could be more than what you getting back..
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But I believe what fruitie mention the 5% rebates on weekends and 5X TP (~2.5%) will cushioned the conversion rates as well. biggrin.gif.


CP88
post Oct 13 2011, 03:41 AM

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Hi All,
How do we check on the conversion rate on 8th October? I have made some transactions on that day to my AMEX as follow:

US67.19 = RM217.93




CP88
post Oct 13 2011, 02:17 PM

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QUOTE(WaCKy-Angel @ Oct 13 2011, 09:24 AM)
Seems quite high to me around 3.25
Where u made ur transaction? by paypal?
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I made this transaction in a US hotel. biggrin.gif . Well with the 5X and 5% rebates on weekends, I guess its still worth using AMEX.


Added on October 13, 2011, 3:04 pm
QUOTE(erry- @ Oct 13 2011, 10:22 AM)
err... thats a normal rate if using amex? sweat.gif

refer to bnm, rate on 7 oct is 3.1585 so after + 2.5% amex fee = 3.2374

since Gen-X stated "1.57% to 2.53%", so CP88 rate of 3.2435 is within the rage ~


Added on October 13, 2011, 10:23 amsource: http://www.bnm.gov.my/index.php?ch=12&pg=629&eId=box1

again, rates at bnm website is just for reference.
we dont know exact exchange rate use by maybank ~
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Bro erry,
Thanks for the link. Well appreciated thumbup.gif

This post has been edited by CP88: Oct 13 2011, 03:04 PM
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
CP88
post Oct 19 2011, 11:22 AM

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Added on October 19, 2011, 11:24 am
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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Thanks for the explanations laugh.gif


Added on October 19, 2011, 11:25 am
QUOTE(erry- @ Oct 18 2011, 05:29 PM)
for me, i dont want to make calculation of 5TP = 2.5%

coz u can only redeem TP with certain amount.

smile.gif
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.

This post has been edited by CP88: Oct 19 2011, 11:25 AM
CP88
post Oct 24 2011, 01:18 PM

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QUOTE(nothingz @ Oct 23 2011, 11:07 AM)
i have been using MBB 2 for more than half a year, i never received any call from MBB even i purchased 3.7k laptop from HP Online Store
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I have no call as well when i purchased a 3k laptop. rclxub.gif
CP88
post Oct 26 2011, 02:33 AM

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QUOTE(mletee @ Oct 25 2011, 12:51 PM)
go grab it..it's worth to use..i already got 90k points..hahaha
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Thats equivalent to RM18k. You do spend a lot. biggrin.gif
CP88
post Oct 27 2011, 02:01 AM

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QUOTE(erry- @ Oct 26 2011, 08:14 AM)
err.... some people here can spend that amount within a week only sweat.gif

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Wow. I believe you're one of the people. laugh.gif


Added on October 27, 2011, 2:03 am
QUOTE(erry- @ Oct 26 2011, 08:14 AM)

no matter how much u spend, just pay full amount on due date notworthy.gif

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+100% agree thumbup.gif

This post has been edited by CP88: Oct 27 2011, 02:03 AM
CP88
post Oct 27 2011, 04:38 PM

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QUOTE(mengsuan @ Oct 27 2011, 04:35 PM)
I charged RM0.35 @ DiGi 1Utama to pay outstanding amount.
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thumbup.gif
CP88
post Jan 21 2012, 12:19 AM

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Is there any winner for the Maybank Contest (Iphone 4s) and American Express Contest (RM100) ? Never hear any news on it...

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