I have cards with all the three banks mentioned above and I can say that is untrue. They have been pretty strict about it.

I've got SCB and the limit given was 4x my salary. That was before the BNM ruling.

Pre-BNM ruling, the banks use CL as an extra 'tool' to attract customers. You can't get that anymore.

fruitie gave that multiplier, i simply gave the number. sorry if i offended anyone.

Hi,

I apologize if my question violates the board's R&R. I'm not going to sue anyone for sharing information (which might seem to be wrong) or anything. I just wanna have a rough idea about what should I do next. Either applying for higher CL or opening a new card with another bank.

Anyway, I think I've got answers to my question now. Thanks all for sharing:

Here's my answer. Your salary, 4K, puts you out of the BNM ruling. So your CL will be totally up to the bank to determine. BNM ruling states that those who earn 3K and below monthly cannot get CL more than twice their monthly salary.

This post has been edited by spikey2506: Mar 5 2012, 12:25 AM

I didn't check up this thread and saw this chaos. I'm sorry for putting up the multiplier. Chill and cheers everyone.

for those interested in the MBB forex analysis I did, please find the executive summary in the CC forex thread.

If I use Maybank2kad AMEX to pay when I go to Bali, will I kena charge extra? Is it better to pay by cash or use cc when go Bali?

If you use credit card or charge card overseas, you are liable for overseas transaction fees imposed by the bank. Obviously you did not read and took the easy liberty to just ask to get answers with no effort (Sigh) - we have many times stated AMEX is the most expensive. By stating what you said - would using your card in Singapore / Thailand / Japan / US / China / Sudan be charged extra ? Would a foreigner using their credit card in Malaysia be charged extra ?

The answer is NO!
Merchants do not have the right to charge extra when users use credit cards - these charges are always "imposed" because customers consented to the extra fees and allowing merchants to charge you extra. The extra fees are not allowed by the rules set by Mastercard and VISA International.

To the question of you want to use cash or cc - are you comfortable carry tons of cash around in Bali or would you prefer to carry a piece of plastic ?
Converting MYR to any foreign currency also attracts "exchange fees / exchange loss" at the money changer - have you thought of that ?

This post has been edited by hye: Mar 5 2012, 10:20 AM

thx for sharing.

I call MBB Etiqa for car insurance renewal and they need Amex 4 digit code. I hope this is normal procedure

I believe so. They also asked me during my renewal through phone in January 2012.

This post has been edited by David83: Mar 5 2012, 04:09 PM

Yeah, no surprise. Many reported at the CL thread they were given high CL over their monthly income. Look at your SCB . I think BNM is aware of this and hence imposed the new ruling.

But if no 5X TP, can try use maybank manchester united visa and hope they win when we book hotel using agoda for the 6% discount.

Hi, would like to ask you guys for agoda booking
did u receive the sms secure code ?
my booking with agoda just went through without any sms code

Does any one receive letter to update their salary by maybank due to bnm new rule?

Not for me.

Icic...still waiting from bank to request update salary

MBB2C no but SC Plat do had..

I just ignore as i only keep two card