Junlone,

Different department can offer different rates, it subject to the manager and campaign learning based on the department. Maximum is 90% from contact centre. Only balance transfer plus is 2.99%, effective interest rate 5.47% and it a reducing basis.

This post has been edited by adolph: Aug 8 2013, 07:58 PM

okay fully understand .... This guy is manager by the way.... One more question regarding the translucent card, for balance transfer which one more worth it?

Junlone,

Basically, it a mind trick. visa translucent card offer 0% up to 12 month installment plan but monthly fee RM8 that need to be paid. while other card waived annual fee for 1st year but offer 1.99% up to 12 month installment plan. If you take RM5k balance transfer for visa translucent, you paid 0% for the interest if you paid according to the statement but paid monthly fee which total RM96. while other card with 1st year annual fee, RM5k balance transfer with 1.99% will charge you RM99.50 interest. the only different is you can save your money for interest if amount to be transfer is a huge number.

This post has been edited by adolph: Aug 8 2013, 10:03 PM

Thanks so much for ya information...

Can i cancel my Translucent card once i got it? Will i get penalty?

Junlone,

Any cards from standard chartered bank do not charge any penalty fee for cancellation. You may try for visa translucent, card cancellation can only be done if it is not yet activated, zero outstanding amount, no block and do not have any existing PLC account tagged or tenure remaining. Just like wordmiles card, it can be cancel if it is not activated but still subject to bank approval for new card termination, usually need to hold at least 6 month period.

This post has been edited by adolph: Aug 9 2013, 12:38 AM

Is that mean translucent card also still subject to bank approval for new card termination, usually need to hold at least 6 month period??

Junlone,

If your card still not yet activate, the chance is greater. Worldmiles card that not yet activate can do termination by calling standard chartered bank.

Okay thanks again..

Just applied online... Submitted the required docs, and within less than an hour received sms application was unsuccessful ...

That was quick.. anyone received sms within an hour of application?

Lets see what happens next..

Revised requirement annual income for Business Platinum and Platinum card already taken effective on website,
- Platinum / Business Platinum Card - Minimum annual income of RM24,000

Info,
http://www.standardchartered.com.my/credit...tinum-gold.html
https://forms.online.standardchartered.com/...ubChanCode=BDS1

wow, so low, cannot be lower anymore for any type of cc
btw, you shud reflect to SCB to seriously improve their rewards system, everyone here are applying for the cash back only and then cancelling it after a while

as for me, will be cancelling the obsolete JustOne b4 the anni soon, scb has no intention to automatically replace that card to other cards huh

No need to wait. I cancelled mine (JustOne Titanium + JustOne Current Account) in April this year. This card has been downgraded from the best card to the WORST card. No cash back and points at all. SCB has no intention to reinstate the benefits.

Now I am holding their VI only. It's FOC, of course.

Winner,

The re-instate is subject to bank policy. As per system, the point will be expired after 3 year except priority banking card. If the statement already shown the date of expire, then re-instate will not be given. It not matter whether any intention because any business is about profit, as term and condition fully given information where it will expired after 3 year and clearly stated the information. VI (Visa Infinite) is subject to term and condition and spending criteria, it not free except promo and request by standard chartered bank.

Info, (page 19)
http://www.standardchartered.com.my/cb/fees_and_charges.pdf

Alexwsk,

Yes, the point currently is higher compare to previous version. customer may contact standard chartered bank and do a feedback for such reward system program, which also known 360 rewards. If credit card will be expired soon, standard chartered bank may issue a new card with prior to expiration date usually 1 month before the date except the code given in the system clearly stated standard chartered bank will not do any business to respective customer if found not suitable, as all bank have this system but only matter to customers.

This post has been edited by adolph: Aug 11 2013, 08:29 PM

i applied online, and yet to send any documents, the next morning i received sms and said that application was unsuccessful… dunno what happened?

I guess you may have misunderstood the previous benefits of this card - JustOne Titanium MasterCard. It gave 5% cash back for retail transactions done on Fridays and 2% cash back for non-Fridays, subject to a maximum cash back of RM600 per year. No Choice Points were given for all transactions. Nevertheless, I was totally satisfied with this card for many years. Since this card does not give any benefit anymore, it is not a wise move for me to keep this card for another year.

SCB VI, on the other, is a package of SCB Priority Banking. As long as I maintain my deposit/investment above the threshold level set by the bank, the annual fee of my VI is waiveable, according to my Relationship Manager.

wow..now everybody can own a platinum ...from scb..

what's the difference between a business platinum and ordinary platinum? only for business transactions?

nope, can be used for other transactions too. I am not sure what is the difference nowadays, there used to be 0.5% cashback for business plat.

you can have your company's name on the business card