Why don't you read the T&C on SCB'w website ?
http://www.standardchartered.com.my/person...-promotions/en/

But still.. If I cancel this card, how long should I wait to apply for another new card?
Not from Stanchart of course.

i think this only apply to within the same bank. u can still apply to other bank.

So, I should just cancel the card straight away?
CS said she's going to send me SMS with temporary PIN for online banking. But i receive none till today.

I was so free that I visited SCB website and was shocked to learn that one now needs 67,000 points to redeem RM100 Giant Cash Voucher. Back in August when when I published my article on Standared Chartered Bank Business Credit Card, one only needed 32,000 points for the same voucher!!!



So my question is - Is the above correct and is the latest, i.e. need 67,000 points for RM100 cash voucher or is there a newer revised catalogue?

This post has been edited by Gen-X: Dec 14 2012, 02:10 PM

That's the recent one.. Somebody wants to cancel the card now because of reduced benefits.

The reason I asked if there is a newer one is because in SCB Homepage, it states that there is a "Refreshed 360 Reward Point Catalogue" BUT when I click on it and redirect to a new page, it says click "here" and my screen will then show "File Not Found" (suppose to be in pdf format).

This is the one:  new_reward_redemption_points.pdf ( 225.32k ) Number of downloads: 24

They took it down because it's updated to their official page already.

wah..so big different....!!

this is my first SCB card, business platinum.
I applied again earlier this week through the groupon deal with free photobook.
just got a call today, they say i'm existing customer, i dont get the free photobook,
but they'll still give me the cashback.

Thanks Bro, noted after 8th December 2012 they inflated the points again and the new catalogue is as per what I see online, i.e. same as my image above.

By the way of their business strategy, they aiming at those new customer with load of debts, rather than long term customer

All banks love customers that have debts with the ability to repay them - that's how they make money

But, needing 67000 points to redeem RM100 cash voucher, that's ridiculous. I bet those "loyal" to SCB and have been "promoting" SCB here at LYN for the last few years and not wining any of their contest must be pissed off big time.

in no time, SCB will loose tons of customers and not many will want their credit cards. You see, people with debt also want to benefit from using their cards, haha. So might as well go with other cards giving lower interest rate (e.g. MBB 2 AMEX) and pay less in interest and at the same time get to earn cash vouchers with their card usage.

As for new customers, with people like us here sharing with others the danger of having a credit card and the benefits we get from various cards, soon, no one would want SCB credit cards, hahaha

I'm not a fan of SCB and I guess I made the right move when I cancelled my Standard Chartered Bank Visa Infinite early this year.

Should I use RM250 cashback or just cancel it asap?

As at now, I still have my SCB VI. I guess I'll be hanging on to it while waiting to see what their revamped rewards system looks like.

yesterday morning, i applied online, then after an hour (I think), I got the SMS saying my online application is under Service Guarantee and that they confirm preliminary approval for my card & will proceed for final approval.

Usually how long before they come back and inform if really approved or not? Is the 3 days processing stated in their website they strictly follow?

I do think Maybank credit card is much more worth it, the point is evergreen and transferable to other account. And also normal RM100 voucher cost about 11-13k point only

I made a call. I ask so that my card is cancelled. Not using the RM250 cashback too as I don't wanna feel bad
Haha. Haiz...

you should make sure the GST is offset before cancelling the card.

why feel bad? GST already offset against the RM300 cash back, use it and cancel it within one year period will do