So how can I convince them to allow me to change? Actually can a customer request to change statement date?

Not sure with OCBC but for MBB, it's allowable. I believe it's just a small matter.

Hmmm, sorry to ask: Isn't having due date on 1st of month meeting your objective of "pay my CC at one shot when my salary is out at the end of the month"? Why would it be "inconvenient"? I am in the same boat as you. So I pay a couple of days before due date which is end of month after my pay is out.

@fruitie: they said same thing. I insisted on changing. i still get promotion smses. The promotion they meant i think are the "brochures" icause you will get them late

Ya, I think I changed my MBB as well.

At this moment, as a contract staff, my salary will be out only on the 29th. I use GIRO, and it needs time to transfer the fund to OCBC. For small value of amount, I don't mind to pay earlier but what if it is a huge amount? I might need my salary to cover up a little bit. Not too common though, after 3 years of using CC, not even once I need my salary to cover up. Just in case.
Anyway, I'll be converted to permanent staff and my salary will be out every month's 20th or 1-2 days earlier.
Guess, I'll need to bear with it for temporarily if I decide not to change the statement date eventually.

I see. OK, now I'm pretty relieved. Thanks. I only hope to have my statement date every month's 16th.

This post has been edited by fruitie: May 20 2012, 01:36 AM

i'm planning to get my statement day delay by one or two days too...

I've 2 insurance policy that are billed quarterly, it's a pain in the arse that both got billed on the same statement month, one of them billed on the last day of my statement

btw, anyone know how to opt for not receiving hard copy statement? at this age, i'm more and more conscious on reducing paper usage, and those statement really as of no use to me, every month tore them up and throw them away makes me feel bad...

i've already disabled most of my monthly expenses that send me statement, left ocbc only...

Don't change fruitie. Your ocbc statement date is 13th and your Mbb is month end and this is the perfect combination for a better spending management and planing to max up the rm50 cash back for each card.
Just give a thought over this question:
You want 30+13 days to plan your spending and max up rm100 cash back or you want a shorter 30 day to max up rm100 cashback for both cards?

This post has been edited by aeiou228: May 20 2012, 11:12 AM

Nice thought... I have similar thinking for a while too...just for sharing...

I listed 3 objectives for consideration:
1. ease of monthly expenses analysis
2. full payment of cc statement after payday
3. available cash rebates round the month

My thinking of the above 3 objectives:
1. I feel like having all my cc statement date as month end to ease monthly expenses analysis as all expenses are total by each calendar month.

2. If all my cc due date just a few day after my payday. This will maximise cashflow. I use to hold some amount, says 2-3k after payday waiting to clear the cc due at mid next month.This end up keeping fund in low yielding saving acct; as compare to moving due date to after payday. Then I can put that 2-3k into FD or other higher yielding vehicle. So, at each payday, after clearing all cc and withdraw cash for use of the coming month, I put all balance into FD or other higher yielding vehicle than the payroll acct.

3. Now that i have mbb cash back end at monthend (which cant be changed) and ocbc cash back end at 12 of month, which probably a nice cross over between the 2. e.g. if I max out mbb RM50 by mid month, then I have ocbc just recresh by 13 of month; if I max out ocbc by end month, I got my mbb refresh from 1st of month onwards...cool cross-over, huh?

After several iteration of thought, I put the priority as follow:
1. full payment of cc statement after payday -> maximize cashflow
2. available cash rebates round the month -> feel great to have cash back most of the time
3. ease of monthly expenses analysis -> analyse from current statement date to next statement date

At the end i choose to have all cc due date at month end just after my payday. just my 2 cents...

I asked already, the fellow told me only physical statement for now...

Nope, you got me wrong. My OCBC statement date's good but just that I want 1-2 days delay only. For GIRO purpose.

In that case, you don't even need to change date. Giro can be cleared in the next day if u transfer it in the morning. Also, ocbc allows 5 days grace without penalty interest charge after the due date.

This post has been edited by aeiou228: May 20 2012, 03:22 PM

Oh!!! That's cool, then I don't need to change already.
Thanks.

Beginning of every calendar mth, i will only use amex as 1st priority card and ocbc is backup card. When the amex cash back max up, ocbc takes over amex for the 5% cash back merchant only till rm50 max up.

This lobang was never publicly published. I found it when i paid after the due date.

Of course I'll pay on 29th but just afraid if I only do it in the evening, then will delay my payment.

No issue now.

Confirm on the 5 days grace period? It would be 20+5=25days interest free from statement date then?

There is no official policy on this from ocbc. I discovered it from my own experience with ocbc when my payment was late by 5 days n no late payment penalty charged to my account. Similar to Citibank, it gives 7 days grace after due date. I guess ocbc should be 7 days too.
Pls try it at your own "risk" to give a second confirmation account on this matter in this thread.

hey fruitie,

i called the CS just now too.

yeap, only hardcopy statement is available now...want to disable pun tak boleh, not that i want opt for my statement to be emailed

on the "not getting promotion" if change statement date, the CS clarified that you just dun get the promotion brochures/leaflets together with ur statement by mail, like what we usually get, however you are still eligible for those promotions.

Alright, thanks for the info!
But I'm not going to take the risk, hopefully the fund will reach OCBC before due date.

Yeah, they still don't have e-statement..
Oh, that's a small problem. Good info for other newbies like me.

is the 5% off permanently? no expiry date?

If you are refering to the 5% rebate for dining/petrol/utilities/groceries, yes it is a permanent feature subject to RM50 cap per statement month.

any idea how to view the itemized bill for OCBC credit card?
I am not OCBC saving account holder, so I don't have OCBC ebanking now.