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Credit Cards Credit Card v17, Ask general questions here, Please read the 1st post before posting!

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loyalkkk
post Apr 27 2013, 11:56 PM

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Hi all,

May I know if I just start my employment which is 4 months now, can I apply for a credit card?


loyalkkk
post Apr 28 2013, 12:21 AM

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QUOTE(fruitie @ Apr 28 2013, 12:09 AM)
Yes, you can as long as your income fulfills the income requirement.
Usually banks require 3 months payslip and yours is just nice for application.
Good luck. smile.gif
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I wonder the income requirement is based on gross income or net income?


QUOTE(fly126 @ Apr 28 2013, 12:16 AM)
With 6 months EPF Contributions More Secured & Guaranteed... hmm.gif
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4 months only dude.. lolz
loyalkkk
post Apr 28 2013, 12:41 AM

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QUOTE(fruitie @ Apr 28 2013, 12:23 AM)
Gross income. smile.gif
She said more secured ma, you can apply in 6 months time. smile.gif

But no issue, I got my first personal credit card during my 2nd month of employment. smile.gif
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Thanks for your good new biggrin.gif

QUOTE(fly126 @ Apr 28 2013, 12:28 AM)
Most of the Bank Now refer to Your EPF 1st (min income. $2000 - Syer Pekerja=$220)
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I start work on Jan 2013. EPF statement only showed Feb, Mac and April. With this, do you think I can apply it?

For your all info, I want to apply OCBC Titanium credit card. My gross income is Rm3k+. But EPF statement only showed 3 months record. Do you think the bank will approve my application?

Another question, do I need to open a saving account before applying OCBC credit card?

Thanks in advance notworthy.gif

This post has been edited by loyalkkk: Apr 28 2013, 12:42 AM
loyalkkk
post Apr 28 2013, 01:13 AM

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QUOTE(fruitie @ Apr 28 2013, 12:45 AM)
All I can say good luck for your OCBC Ti application. smile.gif My first application was rejected despite having more than 48k annual income and was only approved in the second time after appeal. smile.gif

Usually if your first credit card application is OCBC Ti, the chances to be rejected are pretty high. This is based on other forummers' experience as well. Nevertheless, this worth a try. smile.gif

Nope, I don't have any savings account with OCBC. I paid my bill via GIRO through Maybank.
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RM48k annual income also reject? Did they state any reason? If I walk-in the bank to apply, do u think the chance to be approve is higher?

For your 2nd application, how long does it take to approve your application?

QUOTE(fly126 @ Apr 28 2013, 12:54 AM)
No Need to open New saving account... just do Bank Transfer 10-20 cent cheap only

FYI, OCBC Tit. Card Not an EZ Get Credit Card but You can try to apply I also got Rejected By OCBC recently... sweat.gif

My Best RECOMMANDATION to You, UOB One Card (EZ to get Card Approval from UOB) nod.gif
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I just went through UOB One Card. I apply cc mainly for bill payment (i.e telco, astro, utilities, etc) UOB One card only give 2% but OCBC give 5%. However, UOB One card no minimum monthly cash rebate.. This is the winning point.

Do you know is there any promotion due date for UOB One Card?

For now, I will try my best to apply OCBC Ti 1st. If cannot, UOB One card is my 2nd choice biggrin.gif
loyalkkk
post Apr 28 2013, 01:45 AM

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QUOTE(fruitie @ Apr 28 2013, 01:18 AM)
No, they will not share the reason. smile.gif I didn't apply for second time, I straight appealed after the rejection.
Quite fast after I voiced out my dissatisfaction for the rejection. laugh.gif I got my card within 1 month plus all the waiting time, first round rejection and bla bla. laugh.gif

You can try Maybankard2Card as well. smile.gif
We have the thread in this section. It is the best card to couple with OCBC Ti and I have both. tongue.gif
https://forum.lowyat.net/index.php?showtopic=2641365
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Congraz~ if i apply now and get reject, then i appeal again, all in all the application process after the promotion date (30 June 2013), do you think I can get the card if it approve after 30 June 2013?

I also interested in Maybankard2Card. But i found that it is so complicated. Since there are 2 cards, which card should I swipe/make online bill payment? How to maximise cash rebate?

You mentioned OCBC Ti couple with Maybankard2Card. Can share how do you use both of the cc to get maximum benefits?
loyalkkk
post Apr 28 2013, 02:20 AM

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QUOTE(fruitie @ Apr 28 2013, 01:51 AM)
I'm not sure as I told you OCBC Ti is very strict in their selection criteria. God knows if they have any hidden criteria that not made known to the public. laugh.gif
If no credit history is also another issue, like your case. Unless you have house loan or/and car loan in hand as well. smile.gif

Basically, Maybank gives 2 cards but my VISA card is always kept in wallet. We only concern about AmEx. laugh.gif 5xTreat Points 24/7/365 and 5% rebate for any transactions that fall during weekends. The only drawback is AmEx is not so preferred among the merchants compared to VISA or MasterCard. However, most of the big merchants now accept AmEx. You can refer to this thread: https://forum.lowyat.net/topic/2035710

For weekends, no doubt if the shops accept AmEx, I will use AmEx. smile.gif
For weekdays, I will use my OCBC Ti. For my telco bills, I will use my OCBC Ti as well. smile.gif
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Ic.. If consider only my objective of using cc, OCBC Ti is still my 1st choice tongue.gif 2ndly is UOB 1 card and 3rly is M2 amex laugh.gif

Thanks a lot notworthy.gif


QUOTE(fly126 @ Apr 28 2013, 02:02 AM)
I X know True or Not, the agent who submit my application said , he also x have OCBC Tit. for himself...although as a OCBC''s Staff...funny isn't it hmm.gif
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I tot staff cannot apply de?
loyalkkk
post May 1 2013, 11:35 PM

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QUOTE(lsding @ Apr 30 2013, 11:06 PM)
OCBC announced today that their net income declined 16 percent from a year earlier to S$696 million. I think the bank should take up more cc biz especially in Msia in order to push for the higher profit margin. Hopefully they may decide to ease their tight cc approval strategy.

Source: Bloomberg news
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I also hope they easy their CC approval. I have make online application of OCBC Ti credit card last weekend. I still have not hear any news from them =.=

Is it necessary to apply on working days? or do I need to call up the customer service line to follow up? hmm.gif
loyalkkk
post May 1 2013, 11:50 PM

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QUOTE(fly126 @ May 1 2013, 11:39 PM)
No So Fast...Need at less 3 Working Days to Process  nod.gif
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ic.. lolz.. how do they reply you? by email? by phone? or by sms?
loyalkkk
post May 2 2013, 12:28 AM

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Shyt.. I got one chance only.. after reject, there is no time to make appealling

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