LATEST UPDATE: Interest rates/fees increased to 18% on outstanding balance (for most banks)

Proceed from v16: http://forum.lowyat.net/topic/2002679

**Those wishing to get an agent to assist with your credit card application please post your request at the service noticeboard section as this section is about discussion on credit card issues and not for promoting or seeking agent.

Knowing your cards http://www.bankinginfo.com.my
1. Visa
2. Mastercard
3. JCB
4. AMEX - Charge or Credit Card
5. Diners Club
6. China Union Pay (中国银联)
7. Etc.

1. Annual fee
Annual fee free credit cards :
- CIMB Direct Access
- CIMB Bank
- American Express Green charge card & American Express Gold credit card
- Public Bank (**minimum swipes apply)
- Alliance Bank (**minimum swipes apply)
- UOB Bank (**minimum swipes apply)
- Maybank (**certain cards only)
- EON Bank (**minimum swipes apply)
- Citibank Choice (**minimum swipes apply)
- Hong Leong Bank Essential VISA (**swipe at least twice a month OR spend RM8,000/year)
- AmBank (**certain cards only)
- OCBC (**minimum swipes apply)

2. Credit cards payment methods - http://forum.lowyat.net/topic/1802980

3. Tap and Go Cards - no signature required


4. Credit Card linked to Petrol
- OCBC Titanium MasterCard; all petrol stations = 5% cash back
- Citibank Cash Back VISA Platinum; all petrol stations = 5% cash back
- UOB; BHP Petrol = 2% cash back (UOB One only), 1% cash back (others)
- Citibank; SHELL (This only applicable for Citibank Shell, Citibank Cashback Plat applies to all petrol stations)
- Maybank/Maybank Islamic; PETRONAS = 5x Treatpoints
- CIMB Bank/CIMB Islamic; PETRONAS = 2% cash back
- Public Bank ESSO/Mobil VISA; ESSO/MOBIL = 0.5 - 5% (tier-based)
- RHB Travel Money; all petrol stations = 2% cash back (5% cash back every first weekend)
- AMBank Carz; all petrol stations = 2% cash back (3% for Gold and 5% for Platinum, provided there is an outstanding)
**All range of American Express charge & credit cards give 2x MR/TP on petrol purchases whilst AMEX Gold credit card and Maybankard 2 AMEX give 5x MR/TP. This applies to all petrol brands.
For more info on pumping petrol using cards, please refer to this thread: http://forum.lowyat.net/topic/1798403

5. Standard financial charge (interest rate)
Tier 1; 13.5% p.a.
Tier 2; 16% p.a.
Tier 3; 17.5% p.a.
Cash advance: 18% p.a from the date of withdrawal + 5% advance cash withdrawal fees
Late payment: 1% of outstanding or RM 5 whichever is higher.
Minimum payment amount: 5% of outstanding or RM 25/RM 50 whichever is higher.
Sample calculator can be found here
Sample calculator from AKPK

6. Complimentary Cards
1) HSBC Premier - deposit and maintain RM200k
2) Citibank Citigold - deposit and maintain RM200k
3) Standard Chartered Priority Banking - deposit and maintain RM250k
4) UOB Privilege Banking - Opening deposit of RM300k with maintenance of RM200k
5) OCBC Premier Banking - Opening deposit of RM300k with maintenance of RM200k
6) CIMB Bank Preferred Banking - deposit and maintain RM200k
7) Hong Leong Bank Priority Banking - deposit and maintain RM200k
8) Alliance Bank Privilege Banking - deposit and maintain RM200k
9) RHB Bank Premier Banking - deposit and maintain RM200k
10) Public Bank Red Carpet Banking - deposit and maintain RM500k or a Mutual Gold customer with a total combined deposits of RM200k in savings/current/fixed deposits.

7. American Express - http://forum.lowyat.net/topic/1724607

8. International Transactions - http://forum.lowyat.net/topic/1845691

9. Credit Card Cancellation - http://forum.lowyat.net/topic/1814307

10. Cash Advance fees


11. Verified by Visa and Mastercard Securecode
Verified by Visa ---> http://www.visa-asia.com/ap/sea/merchants/...vbv_intro.shtml
Participating banks :

MasterCard SecureCode ---> http://www.mastercard.com/au/personal/en/c...code/index.html
Participating banks :


12. Balance Transfer - http://forum.lowyat.net/topic/2275275

13. RM50 Government Service Tax - Currently STILL IN FORCE
With effect from 1 January 2010, there will be service tax imposed on credit card as follows :
i. RM50 per annum on each Principal Card; and
ii. RM25 per annum on each Supplementary Card
The service tax will be collected on the date the card is issued, or on the completion of each year or on the date of renewal of the card (except HSBC which will be billed 1 month later). This means that the above mentioned service tax shall be levied on new credit card issued effective from 1 January 2010. For existing credit cards issued before 1 January 2010, the service tax shall be levied upon anniversary of card issuance.


14. Airport Lounge Access - http://forum.lowyat.net/topic/1791878

15. Previous versions


16. Useful information
BNM issued guidelines in 2003 that limits consumer liability in cases of fraud to only RM250. See the actual document here. (Courtesy of tishaban) (thanks awaynoway for the updated link)

Credit information:
CCRIS: http://creditbureau.bnm.gov.my/
CCRIS report - go to Bank Negara yourself and use self-service terminal to get report with MyKard (you need to go as need thumb print).
CTOS: http://www.ctos.com.my/
BRIS: http://bris.com.my/index.html

Swipe Smart with 6E:
http://www.abm.org.my/Swipe_Smart_with_6E_...ffectively.aspx

17. FMB - Financial Mediation Bureau
http://www.fmb.org.my/index.htm

18. AKPK
- An agency set up to provide financial education, financial counseling and debt management
http://www.akpk.org.my/Home/tabid/36/Default.aspx

Link to AKPK thread : http://forum.lowyat.net/topic/876712

19. Other Links By Users
A blog about credit cards by Gen-X; My Credit Cards
Credit card tutorial by Gen-X
Free financial tuition by Gen-X

20. Credit Card/Charge Card Reward Points
Validity of numerous credit card/charge card reward points
1) HSBC - up to 3 years
2) Citibank - reward points are evergreen
3) Maybank - 3 years (effective from 1st August 2013)
4) CIMB Bank - 3 years
5) Alliance Bank - reward points are evergreen
6) Standard Chartered - Pending reward system update
7) American Express - Membership Rewards Points are evergreen
8) Hong Leong Bank - up to 3 years
9) AmBank - up to 3 years
10) RHB Bank - 3 years for Platinum and 2 years for all cards ranked lower than Platinum
11) UOB - 3 years
12) EON Bank - 3 years

21. Premium Credit Cards and its requirements
1) CIMB & DA World Mastercard/Visa Infinite - Min Income Requirement : RM 200k
2) CIMB Enrich World Mastercard - Strictly by Invitation (those with card usage above RM 500k per annum may be considered)
3) CIMB VISA Signature - Min Income Requirement : RM100k
4) Maybank World Mastercard - Min Income Requirement : RM 240k
5) Maybank Visa Infinite - Min Income Requirement : RM 240k
6) MBF World Mastercard - Min Income Requirement : RM 200k (By Invitation)
7) Standard Chartered Visa Infinite - Only for Priority Banking customer (RM 250k in deposits)
8) RHB Visa Infinite - Strictly by Invitation Only
9) HSBC Premier Mastercard - Only for HSBC Premier customer (RM 200k in deposits)
10) HONG LEONG Bank VISA Signature - Min Income Requirement : RM180k

22. Best Credit Cards and its categories - Click on ME
Please note these are just recommendations based on normal spending. High spending or specific usage individuals might want to look at other cards.
1) Classic Card = Hong Leong Essential
2) Gold Card = Alliance Younique / Maybankard 2 AMEX Gold
3) Titanium Card = OCBC Titanium
4) Platinum Card = Alliance Platinum / Citibank Cash Back Platinum / AMEX Platinum Charge Card (assuming AF is waiveable) / Maybankard 2 AMEX Platinum
5) Visa Signature = EON VS
6) World MasterCard = Maybank WMC (assuming AF is waiveable)
7) For 1st time CC applicants with Degree: DA (Direct Access @ CIMB)
Looking for recommendations? Please refer to this thread: http://forum.lowyat.net/topic/1792023

23. Credit Cards with Complimentary Travel & Accident Insurance
1) All HSBC/HSBC Amanah credit cards
2) All Citibank credit cards (except all co-brand cards, cash back)
3) All Public Bank generic credit cards
4) All Maybank generic credit cards
5) All AMEX charge card & AMEX Platinum credit card
6) All EON Bank credit cards
7) Alliance Bank Platinum

24. OCBC Titanium Credit Card rebates - http://forum.lowyat.net/topic/1791215

25. Reload Touch n Go using credit cards - http://forum.lowyat.net/topic/1803385

26. Measures on Credit Cards by Bank Negara - http://forum.lowyat.net/topic/1796957

27. Beware of cross border charges by HLB, CIMB and SCB - http://forum.lowyat.net/topic/2519936
Sample case: Apple Store Malaysia by rickkywong using HLB credit card; wshoh using CIMB

Confirmed no cross border charges: Ambank (by rickkywong)

This post has been edited by alexwsk: Oct 8 2013, 07:25 PM

FAQ

1. Can I apply new credit cards using existing credit card which is more than one year?
NO

1. Can I apply new credit cards by pledging Fixed Deposit?
Depends on individual banks, some will accept and some will not

This post has been edited by alexwsk: Jul 2 2012, 11:20 PM

Links by Gen-X, for your reading pleasure
Click here to read my article titled The Best Credit Card for FREE Entry to Airport Lounge 2013.
Credit card tutorial by Gen-X
Free financial tuition by Gen-X


How does credit card works?

Courtesy of iMoney.my

This post has been edited by alexwsk: Oct 8 2013, 07:26 PM

Just posted today my latest article about my wife's and my Standard Chartered Visa Infinite. Click below link to read how I got it and let it go but SCB reissued a new one to my wife.

Standard Chartered Visa Infinite

Also posted this morning HSBC hiking Outstanding Balance Interest Rate 15 March 2012.

And for those who missed my article on Hong Leong Bank Visa Signature posted last week, check it out as the annual income requirement have been reduced from RM180K to RM80K!

Hong Leong Bank Visa Signature - The Best Visa Signature?

For more of my articles on specific credit cards, please click below:

Citibank PremierMiles Visa Signature and Platinum credit cards.

Hong Leong Bank Fortune Visa Cash Back credit card.

HSBC Premier World MasterCard and Visa Signature.

Maybank Visa Infinite - The Best Credit Card for Overseas?

Click here to read my article titled - The Best Credit Card in Malaysia - Is There Really One?


Click here for Credit Cards Customer Service Contact Numbers.

For your own good, you must click here and read this article on Credit Card Fraudulent Charges and SMS Alert.

If you are new to credit cards, Click here to read my article Credit Cards are Cash Cow for Banks. Are You Working for the Banks?

This post has been edited by Gen-X: Oct 17 2013, 11:04 AM

Wow, someone's sure into self-promotion today!

Do take some time reading the write-ups and you will understand their values. They have been very beneficial to many readers in this cc section

This post has been edited by Human Nature: Feb 28 2012, 12:34 AM

might want to make note of the inpending interest rates and fees changes

looks like banks will have a free hand to set the interest rates they want
http://www.hsbc.com.my/1/PA_1_1_S5/content...rges_notice.pdf

its good actually to kerb user from late payments

Looks like rates are coming back to its original levels a few years back.
1.5% per month or 18% per annum.

It's either BNM relaxing the ruling or perhaps the ruling is actually a guideline (from BNM) to the banks.

I doubt banks can simply adjust without approval from BNM.

I'm thinking of applying the Hong Leong Visa Signature since they lowered the income requirement to 80k. How much is their annual fee by the way? I can't seem to find at their website.

Also there's no option to apply for this card online Need to walk-in?

The HLB VS annual fee is RM800. First year free. Posted it in my table for Premier Credit Cards.

To ALL: I am so freaking mad with UOB for changing the automatic annual fee waiver to 60 swipes. Click on below link to read my article about me and my UOB non-Preferred Plat.

UOB Credit Cards - Why You Force Me To Beg You?

**Edited**
To get auto annual fee waiver:

Classic Card Minimum 60 swipes per year. No minimum for any single month.
Plat cards Minimum 1 swipe per month and total 60 swipes/year.

This post has been edited by Gen-X: Feb 29 2012, 05:43 PM

Guideline allows max 18% for those that missed more than twice. That's why most banks opted to go to the max.
I think Citi still sticks with 17.5%.

This post has been edited by b00n: Mar 2 2012, 01:25 AM

Just published the first article of my 3 part series on Credit Cards for Beginners. Freaking long post, hahaha. Since it is FREE tuition, don't expect it to be perfect. But with you guys pointing out the errors, it can be perfect

CC101 - Introduction to Credit Cards 2012

some bad experience with HLB to be share with others....

recently, i browse through online for Malaysia Apple Store and made some online transaction in RM4398 (invoice also in RM4398 but address is in Singapore) and paid by using HLB mastercard. However, when i got the statement HLB charged me xtra 0.8% = RM35.18 for performing an oversea online transaction.

FYI, within 2 months time, i did also perform the exact same transaction with the same amount but paid with different card from OCBC, Alliance Bank, UOB and MBB and these banks didn't charge me any xtra charges.

i did call to HLB and explain that i paid in RM during online, the invoice i got also in RM and they shouldn't charge me xtra for that...anyhow, they said this is their bank policy and nothing that they can do....

so, guys. please becareful when performing online transaction and choose the right card when making your payment...

Evn CIMB also charge Cross-Border charge for using thier CC at Apple Store.
Blame Apple Store Malaysia !!!

This post has been edited by ronnie: Mar 2 2012, 01:38 PM

thanks for sharing...
i almost wanted to use my CIMB card tp perform the same transaction.
which are the banks also doing the same? please share...

Seems this (Cross-Border charge) problem only applicable to CIMB & HLB credit cards.
Apple Store Malaysia execute their payment via SG and likely to use a SG based bank & gateway - as far as they are concerned they instructed the bank to charge in the exact amount due in MYR. They have no knowledge of any additional charge (if any) that the other bank will charge to the users. And this transaction (and if any other charge) is passed on to the respective bank that the cardholders holds.

Disputing the charge would not help as CIMB or HLB would explain the cross-border charges to the user and cancel the dispute. I know coz I have done it before a few years back.

I wouldn't exactly blame Apple Store Malaysia as the problem is localized only to when users using HLB and CIMB cards. The best we can do is to advise our readers in here.

P/S : Can TS update the 1st post to reflect Cross-Border charge problem if it is not stated already?

This post has been edited by hye: Mar 2 2012, 06:25 PM

now that you've mentioned it, i recalled SCB charged me extra as well for payment to streetdeal.my through paypal

updated 1st post

My SCB online transactions through PayPal always trigger additional fee of 0.8%. My latest transaction via PayPal is Standard Chartered KL Marathon.

, for my streetdeal payment, i can see that it is paid to xxxx@streetdeal.sg. but can confirm it is in MYR, because I can't pay using M2 Amex
how bout your SC KL Marathon payment?

This post has been edited by alexwsk: Mar 3 2012, 09:54 AM

It is shown as "PAYPAL *KL-MARATHON 40******* SG".

I think that's the problem, SG appeared

No. My others cc transaction from Apple South Asia Store and paid by RM with OCBC, UOB, Alliance Bank & Maybank also show SG or Singapore but without any xtra charges...

so it's scb, hlb and cimb cards processing method

After 2 months of waiting, HSBC finally announced the benefit of their Premier World MasterCard and Visa Signature.

Same 5X points at Mid Valley, Gardens and several other places but the maximum amount eligible for the 5X points was increased by RM500 to RM1,500 for this year.

For overseas dining and hotel bills, the amount was also increased by RM500 to RM2K but it is now 10X points

And airmiles conversion 3000 Reward Points = 1000 Airmiles

Click below link to read my article and see if you agree with me that having the HSBC Premier Credit Cards are just for shiok sendiri
HSBC Premier World MasterCard and Visa Signature Benefits 2012.

This post has been edited by Gen-X: Mar 5 2012, 07:42 PM

HSBC could have at least bundled 1 free access to lounge

Actually the HSBC Premier WMC does grant free access to some airport lounge somewhere on planet earth but not Malaysia airport lounges.

This post has been edited by Gen-X: Mar 5 2012, 07:44 PM

Do maybank petronas ikhwan credit card, giving 1x point on normal day transaction?

By right should be.

Received a sms yesterday~~ will go GSC more often d~~

OCBC promo - GSC Buy 1 free 1~

Wow! This OCBC movie promo is fantastic, applicable on any day and for any class. Citibank only on Saturdays at TGV. Only set back is OCBC promo only offer 1 FREE ticket irregardless of how ticket you buy whereas Citibank up to 2 tickets. I kind of missed this earlier, hot discussion at OCBC thread, so thanks for posting it here.

This post has been edited by Gen-X: Mar 6 2012, 09:44 AM

Interesting to note that CIMB VS has removed its complimentary GSC ticket as one of its signature rewards.

Just wondering after the bank charged me membership fee, and they insist not to waive it, will I still need to pay that if I cancel my card?

It is Citibank.

CIMB got 60,000 premier card holders as reported by rockfeller, previous promo included Gold Glass at GSC where Supp cards also enjoy the 1 for 1 Free movie ticket. When I go to GSC I can get up to 3 FREE tickets previously at GSC with my wife and son having supp cards. I am sure CIMB spent quite a lot on the FREE tickets and therefore decided to abandon this promo. Actually the Gold Class FREE ticket towards the end of the last year was removed.

OCBC don't know what they got themself into by offering FREE tickets for any class, luckily for them, the promo expire mid year.

For Citibank, I guess No if you don't have any outstanding balance and did not use the card after the anniversary date. FOr me usually I cancel the card before the anniversary date so no need waste time following up if they happen to charge me.

It is me who called CIMB CS head (& indirectly to their marketing team) early January and reminded them to remove the misleading term "10 Signature Rewards" but only listed 9 type of rewards (instead of 10, since the complimentary GSC ticket reward is taken out)

what method that can we use to pay cc for road tax renewal? JPJ accept card?

What was the reply? Still written 10 signature rewards on its website

@alexwsk
Good that you have updated to warn on cross border charges, specifically in respect of Apple Online Store Malaysia as I had that bad experience with CIMB too as posted in the 1st page of v16.

Just wondering, any bank in Malaysia has plans to issue World Elite MasterCard (Visa Infinite's equivalent) this year?

WEMC ~ VI
WMC ~ VS
?

Ya, i also want to know that.
Is cash back valid for insurance bill??

Do not know about JPJ but you can certainly pay road tax with Visa/MasterCard through MyEG online (Note: Amex is not accepted).

Whether or not there is cashback for insurance transactions would depend on your card's features, insurance would normally fall under the 'others' category and entitle you to 1% or less in terms of cashback unless it is a co-brand card eg OCBC Great Eastern Titanium (2%)/Platinum (3%) MasterCard.

Non-cashback cards should earn points though.

Speaking of which, AIA at Jalan Ampang accepts Amex fyi.

JPJ do accept credit cards You guys can always call and ask if the nearest JPJ branch accept credit cards.

Wow! AIA accept AMEX, that is good even if it is only at Jln Ampang. Thanks for the info.

This post has been edited by Gen-X: Mar 6 2012, 08:20 PM

Many apologies uttered by the CS head and said they will work on it to feedback to marketing side. Looks like it is all talk.

Only certain AIA agencies accept Amex, but AIG (Chartis) does not accept Amex.

This post has been edited by winner: Mar 7 2012, 08:33 PM

AIA PJ and JB accepts Amex too.

Great for those with AIA policies. Now ronnie can add to his thread besides Etiqa

Aren't AMEX related stuffs should be discussed in dedicated AMEX threads?

When we will receive first statement after we get the card?

It depends when is your statement date and bill cycle.

Call the bank and ask for the statement date.
The printed statement would arrived approx 1 week later

I just published my list of top 10 credit cards, no prize for guessing which card is No.1

Evaluated 18 cards all together. Click below link to read if you agree with my list.

Malaysia Best Top 10 Credit Cards 2012 - Ultimate Showdown

Good rating overall but you need to give 3 stars to OCBC Ti for cashback!
There is a tie for number 2 spot, so there should be no number 3 right?

p/s the new right column is a neat idea

This post has been edited by Human Nature: Mar 9 2012, 12:05 AM

Gen-X bro, are you sure SCB VI offers only medical insurance but no travel insurance?

I saw this:
Enjoy Complimentary Travel Medical Insurance coverage up to RM50,000 with at least 1 transaction made on your credit card during your overseas trip.
Complimentary Travel & Medical Insurance* Principal Cardmember only
1. Medical Expenses
a. Dental Up to RM500/-
b. Medical Treatment Up to MYR50,000 per Insured (Below 70 years old)
Up to MYR25,000 per Insured (70 years old and above)
2. Delayed Baggage Up to RM1,000
3. Purchase Protection Up to RM10,000
4. Travel Assistance Services Up to RM100,000

General Questions? hmm
i want to apply a credit card im with no credit record, not owing bank any money except a car loan promptly.
Contributing EPF base on RM6,000 basic since Jan 2012.

Do i need to wait 3 months pay slip? or is there any bank tat does not require such long time?
Do i have to pay tax and show the receipt? i saw maybank T&C stating
i need this as well
Which means i will pay year 2011 tax base on 72k P.A after reduction blabla... then with this few months pay slip to get a card.

and what is the general Limit once approve which such income?

anyone professional candidates can PM me too.

Bro, I gave OCBC TMC 4 Stars for Cash Back which is 1 more than yours 2 for local spending and 2 for petrol

Well, I guess you are right as for no No.3. But how how still got 10 cards in the list, also the No.4 position coincides with the picture of my wife's card ending with No.4, haha

Wanted to put in left column too but when zoom in to read (for half blind people like me), it blocks my post.

Yah lah Chem, I also only read what you posted above where they only offer Delayed Baggage. There is no Accident or Death Benefits, Loss of Limbs, Missed Flights, Loss of Baggage, Delayed Flight and others which is offered to lower ranked SCB credit cards!

Having said the above, I still always to get a third party Travel Insurance even if my credit card that I used to buy the air tickets offers some Travel Insurance.

1. Why don't you approach the bank you have car loan with?
2. Three months pay slip very long? More like you are impatient It won't kill you to wait till April right?
3. I bit blur on your 2011 tax thingy statement. Well, if you do have income in 2011, you should be submitting your BE tax form soon, so do it today and submit to IRB and you can go apply for a credit card with it tomorrow.

Gen-X,

Perhaps for the ranking, you can include weightings for each features/benefits (up to you on the weightage) and come up with some sort of total score.

Anybody using the RHB Platinum card to get their 15% Weekend Dining Cash Back ?

Dining Outlet listing : http://www.rhb.com.my/cards/credit-card/pd...st-platinum.pdf

Does the above means any Dining Merchants, excluding those already on the list ?

Hi all,

I am currently owning an EON Visa card which has been capped at RM3K (since last year). My current annual income is up to RM34K and I am thinking of switching to other banks.

May I know the procedure to change to other bank?

Cheers.

MOD NOTE to Nation of Sensation / sandw|ch: (Original post edited to remove unsuitable language) Watch your language! We don't tolerate such language in here for whatever reasons

This post has been edited by hye: Mar 12 2012, 02:46 AM

I dont know is it correct to ask here, but how does the cash rebate of CC works?

Okay, let say i pump Rm100 petrol, rebate of my CC is 5%. So it means i only pay RM95 or i pay RM100 but i can get RM5 cash back?
And if so, how do i get the RM5? in cash or transfer to my account?

Thank you

you swipe for the full amount, all cash rebates will be credited back to your credit card account
unless it mentions discount with XXX credit cards, they you will swipe the discounted amount

Thank you for your reply.
So what can i do after it credited back to my account? it means when i pay the bill i only pay the amount after the rebate?

I suggest pay the statement balance. The rebate will be credited later and will be offset by your next transaction.

oh, which means the amount of next transaction will be deduct bt the credited amount from the previous transaction. Correct?
can i collect the credit amount and use it when i wish or the credited amount from the previous transaction it must be use on the next transaction?

Thank you for your reply

You will still be charged RM100 for petrol.
The RM5 will be creditted back into your Credit Card account (depends on individual bank, you will get the Cash-Back either end of the month, on Statement Date, or accumulated to RMxx)

Thank you for your reply.
So i can actually withdraw my cash- back at the end of the month?

rebate meaning you will still have to pay RM100, and RM5 or 5% will be 'rebated' to your account later at the end of the month or statement date depending on the tyoe of card.

Rule of thumb: Do not withdraw cash from credit card. You might lose more then what you have earned from rebate.

I do not see the logic here. Why withdraw? The rebate will stay there, and your next swipe will clear it. Unless you plan to use it one time and cash out the rebate then stop the card. What do you intend to do?

This post has been edited by catsper: Mar 12 2012, 02:00 PM

Noted, thank you! withdraw money using credit card is stupid..
one more question i must use the rebate on the next swipe or i can accumulate it until i wanna use it??

Rebate are automatically credited back to your account. You do not control/accumulate it.

You will have visibility but not control. You can see the rebate has been credited if you have e-banking. That is all.

I see, thank you.. understand now. Then since it is not encourage to withdraw it. Then what can i do with the rebate??

You still do not see how it works. Let say I have a rebate of RM50 as outstanding balance. My next purchase is petrol for RM60.

So, I swipe the card, then my outstanding balance is only RM10 which means I get RM50 worth of petrol FREE. Understand?

OHHHHH, finnaly i got it...thank you sifu!

i am in new zealand now and the payment here using cc need to insert 4 digit passcode. anyone how do i obtain it?

I assumed u have specifically told them that you want credit instead of debit
our pin are 6 digits anyway, so maybe any forummer who have swiped at NZ before can help out?

i dun know the 6 digit pin for my cc =.=
cos normally in malaysia we just swipe and sign isn't it?

how about if we using debit card in new zealand? just key in the atm number?

wah, if I go NZ big problem for me as I don't even know a single of my credit cards pin number.

yujin86, please update us later if you manage to swipe your cards.

Depends on how the cc machine works...Some accepts debit cards as Visa and no need enter pin..
Some accepts as Debit card thus need the pin.

And the pin is the ATM pin.

is there any rule of thumb on the max credit limit for a credit card based on annual income? my current credit limit is 1.5x my monthly income and i wanna see how much i can request to increase the limit...

Generally 2 to 3x of your monthly basic salary.

if your income is less than RM36K/year, max CL is 2X your monthly salary. If above RM36K/year, then you can go request whatever amount you want but subjected to the bank's approval.

This post has been edited by Gen-X: Mar 15 2012, 12:28 AM

just insert ur CC or debit card into the self checkout machine at countdown, park n save or watever shop
den press the red button den will show Signature required. the machine will then print out the receipt or u sign on the digital board at the checkout counter. no need any pin code.

previously u mentioned it asked for pin, means the machine or is it the sales person asking?
or because you pressed the wrong button>

By that time i am not sure how to use cc. Cos ppl here no matter cc or debit card they just insert card themself and key in the pin not like the situation in malaysia

If my payment due date is 21st and I make payment (via Interbank Giro) on 20th morning (before the cut off period), does it still consider as payment made on time?

Logically yes.... the payment consider made on 20th.
Again, there could be 1-2 day delay ... there's a fe wdays after Due Date before Finance charges is calculated.