Yah lah, you're right, it's RM200K. I keep getting confuse over the required AUM for PB between SCB and HSBC.

To All:

I wanted to open a Maybank Basic Savings Account which earns nominal interest rates but was recommended against doing so. Instead the Maybank Exec recommended that I opened a Normal Savings Account for my purpose of linking all my Maybank Credit Cards to it in order for me to make payments online via Maybank2U. It seems that the Maybank Basic Savings Account cannot be linked to my Maybank Credit Cards at M2U

Anyway I was issued a Maybankard Platinum MasterCard Debit Card where the 16 digit numbers ended with the number No.8, thanks to my lucky stars    Initially, the first debit card the Maybank Exec wanted to give me did not have the number No.8.

For those of you who uses Maybank2U to pay your credit card bills, utilities bills, Local Council Assessments/Taxes and etc, you should look into getting the Maybank2U Savers Account (if you have not) because it earns you interest daily and credited into the account monthly.

Click below link to read my story of My New Maybankard Platinum MasterCard Debit Card and Maybank2U Savers. And maybe you can earn some extra money after reading it

My Maybankard Platinum Debit Card for My Maybank Credit Cards

You are not the first one with such questions. Everyone has an intention for such high CL - whatever it is.

CL commensurate with your income and we over here provide responsible answers. You want card with 30k-50k then submit your application to the bank with appropriate supporting documents or find a bank that accept FD pledge of RM30K-50K and you'll get such CL. (Probably)

If you want us to tell you how to get CL with 30k-50k but you only want to produce income document of RM3.5K monthly then this is not the place.

HAPPY NEW YEAR 2013!!!

May the banks in 2013 launch new credit cards that give us unlimited 8% cash back for any amount applicable to all types of transaction every single day

And I am pleased to present to you my first article for 2013 titled My Bragging Rights and My Credit Cards 2013.

In my opinion what transpired was that the "Father" passed away and the surviving family/estate went to the bank to close everything as part of the closure process that everyone would do. (Bank accounts/credit cards etc)

During that process, if the credit card has any outstanding balances, the bank would first attempt to offset it with any balances from either the Savings or Current account of the deceased. The account would then be successfully closed if the balance is sufficient to cover the credit card outstanding balance. (Balance from the Current/Savings would then be surrendered to the deceased estate)

There will be complications if the balance is not enough to cover which is the case highlighted here. If such were to happen, the bank will then proceed to claim this amount from the deceased estate and I would to note that the banks have every right to do so under the Malaysian legal system. It looks like in the above, it is further complicated by the possibility that the deceased may have "left" a lot of outstanding balances.

I am of the opinion that the blame should not be shifted over to the bank as the responsibility for paying your credit card bills has always been the sole responsibility of the card holder - irrespective whether you are young or old. In the story above JJM1975 wanted the banks to be accountable for granting a credit card to a pensioner but what if the deceased was a young man ? Or a middle aged man ? I don't think it is a situation of how old you are (some pensioner may still be working) but how all of us treat unsecured (or even secured) credit facility/debt. We have seen this story being posted in this forum several times in the past along side with the many stories about how many go about spending beyond their means with piles of credit card outstanding.

What the deceased could do is to negotiate with the bank on a payment schedule if they could not pay it in one go. And to note, it might be highly possible to ask for the interest to be freeze and the amount would not grew over time anymore. After all, it is to the banks interest that they are able to recover and close such cases successfully. However, if one thinks that they can outrun the bank in any means ... please reconsider - the provisions in the Malaysian law unfortunately does not see it that way and I would advise anyone to be accountable for their own debt for the sake of their loved ones. Be prepared for an exhaustive legal battle (you may interpret every single word in the book with your lawyers) if the surviving estate choose to fight it out with little chance that the outcome will side their way.

Well ... I shall leave further debate of this situation to the members.

Hi guys, way back on 1st January 2013 I published an article titled My Bragging Rights and My Credit Cards 2013 at my main blog which have been subsequently deleted by google. Anyway I just published an article at my previous blog (which have yet to be deleted by google), So if you are interested, click here to see My Credit Cards as of  January 2013.

In the above mentioned article, besides going on a bragging spree, I also touched on conversion of MBB Treats Points earned with my MBB Visa Infinite to Enrich Miles.

Courtesy of iMoney.com