Yepp, they gave me upon hitting the 108k (10 months), instead of 12 months. In previous years I only hit the RM68k, and received it on card anniversary month (March). But this year I hit RM108k and received in Jan!

Yepp that makes sense but I didn't know they would be so generous to pay out before the year is up.

Mine also 2021... I hope they don't revise the benefits though! Love the RM1,800 annual bonus feature.

Hi Guys,

As reported earlier, I received my RM1,800 yearly bonus 2 months earlier than expected (i.e. Jan instead of March). I've already cashed it out into my SA.

However, now when I look at my HLB Fortune CC transaction listing online, I keep seeing this line item saying "YEARLY BONUS REBATE RM0.0" (but no amounts posted). So far there are 4 entries - 4, 18, 19 and 20 o f January! Doesn't have any impact on my CC balance, but just wondering if any of you have encountered the same?

I think you're right! I get this line item one day after spending. Haha. Makes sense now. I will still spend the RM5k per month to get my normal monthly CB.

This is actually your 1% monthly cashback capped at RM50.

To redeem you go to "other services" then "redeem Fortune credit card" on HLB online.

My statement was 3 Apr and I didn't get my RM50...

This post has been edited by lilsunflower: Apr 6 2019, 06:53 PM

Hmm its been a few days already. My statement date was 3 Apr and still not reflected in HL connect. I hope they haven't discontinued the cashback....

This post has been edited by lilsunflower: Apr 6 2019, 06:53 PM

Yes I withdraw monthly.

I hope this is just a temporary glitch!

I got mine in the month I hit, which was 2 months earlier.

Yes, I got the monthly amounts every month, not affected by hitting the bonus.

Automatic. But you may wish to track manually so you can monitor when you hit.

From my experience, when I hit the RM108k and got my bonus "early" (in Jan 2019 instead of my usual anniversary on 31 Mar / 1 Apr 2019 - my cycle ends in Mar):

- I still received the RM50 monthly CB for subsequent months (Feb and Mar)

- On 1 April (my usual anniversary), there is a line item saying "YEARLY BONUS REBATE RM0.0".

Based no the above, I therefore infer that your normal "cycle" will be maintained no matter how early you hit the RM108k, and that spending will be tracked within that fixed annual cycle. I never bothered "confirming" with CS as I like to do trial and error for myself, but just sharing my experience.

I believe it's not counted.

OK - still got many more months before that happens, and I hope by then the current benefits will still be in place.

For the last round I only exceeded my RM108k by RM15k (Jan to Mar, spent only RM5k/monthly exactly).

For this round, I am almost halfway through my annual cycle, but only spent RM56k to date. Perhaps I will only be able to hit RM108k in my normal anniversary month of March 2020. I keep detailed manual records to make sure I am on track, as there is almost a 1k CB difference between the 68k and 108k thresholds and I don't want to miss out on the full RM1,800.

Your posts should be correct. If you take the other interpretation, then any spending converted into FPP would not even qualify for the monthly cashback (which does not make sense). I can confirm that I have been maxing out on FPP every single month and have got full monthly CB.

My anniversary month is March. I always plan my spending to be only slightly above 108k. I will confirm if I get the full annual CB amount then. If you deduct my FPP, I don't think I even qualify for second tier hahahaha.

Yes - I treat FPP credits as "payment" and have never incurred charges.

Looking at my Fortune Feb 2020 statement:

I have 6 separate FPP instalment charges amounting to RM6,300
Then I have RM10k retail expenditure
I did an FPP conversion of FPP15,000 (credited), leaving RM1,300 outstanding
Then for next statement, I just paid balance to zero

This is my usual pattern for all my cards (HLB Fortune, Essential, VI) and I don't even bother tracking FPP instalments vs credits, as I just make sure that credits for the month = statement balance.

At one point I had 7 0% FPP running on the same Fortune card. Basically each subsequent FPP kept rolling on to pay the next...

Every time I saw 0% FPP, I whacked all the way, except for months where I had insufficient credit limit.

For this reason I request for permanent CL increase with each annual salary hike.


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Hasn't happened to me yet and there was one time I was maxed out on BT with Aeon, MBB, HLB, HSBC and PBB up to the very maximum possible. Was still able to get 6 digit CL CCs, as I also play the "cancel and reapply frequently for acquisition rewards" game.

The only one card that I think was affected was my 7th round of applying to HSBC after many rounds of cancellations. They only awarded me CL of 30k for a Visa Signature! They only increased it a year later after I applied for their Premier Banking.

I don't have any housing or car loans though so I'm not sure if that makes a difference? I wouldn't be so aggressive if I had to apply for loans as I'm sure no bank would take me on.

Just received my annual RM1.8k bonus

Thanks

This year I only hit in final month (March) and I got paid at start of April. It was only last year when I was paid a couple of months early but I also remember there was some weird stuff going on there with a few of us getting late normal cashback in early 2019.

With the reduction in BP quota and reduced family holidays ahead.... I definitely can't hit top tier next year.