can i set my own trigger amount at RM0?

Definitely cannot RM0. Else you will be getting SMS non-stop

I set mine at RM1.00

This post has been edited by Human Nature: Aug 3 2013, 10:24 PM

thus, after you have set the trigger amount, you received sms alert with all transaction above rm1, is that correct?

Yup, OCBC sms alert has been very reliable for me.

noted, that is why OCBC is the best in term of 5% rebate and sms alert compare to citibank need minimum trigger amount is RM205.

Yes u will be received SMS alert when swipe your card

I think minimum to be set on RM1

Yes, 100%. Thank you so much. Btw, the 1% is only an example right? It can be 5%?

Yes, depending on the transaction whether it's a 1% transaction or 5% transaction.

(2) Ocbc, Citi banks and most likely other banks allow 1-2 days after DD without charging late payment...

(1) IF you logged on to OCBC Online Banking Portal, you should see Overpaid(RM8.00)

(2) OCBC should be ok with 1-2 days grace.... HLB is not forgiving at all. Always pay 1-2 days earlier to be EXTRA SAFE.

yes, will show Overpaid RM 8.00, but not printed in current statement right? so every time customer paid extra, we need to calculate manually for next actual mount on DD. am i right ?

thanks for that info.

This post has been edited by tnix: Aug 4 2013, 10:18 AM

This question may sound stupid but I need to know. How do you guys actually know which places offers 1% or 5% cashback? You call the bank and ask? Ask the cashier? Or?

No choice but to call CS and ask for the MCC code

alternatively, keep track of all ur transactions per month, and put in what u think is 5% and 1% and compare with the rebate when u get the statement. if there's difference, try to move those transactions around until u get it consistent, then u'll know which is which

Next month statement will capture overpaid amount and thus no need to calculate manually actual amount to be paid...

That means one can only know what's the % like after the card has been swipe. Unless I make a call before the usage itself.

So what I should do is to just call the CS, tell them the name of the place where the card is use and they'll give me the MCC code?

pretty troublesome. Do you do that?

They don't have a giant list of all places in Malaysia.... can only know after swipe. Quite rare to have things that are actually within category but different MCC (I think only department shop eateries and Eu Yan Sang type of place). Keep track of this thread will find out one.

Otherwise, can just assume petrol + dining + bills (except some majlis perbandaran) will be 5%

Do you budget? If you budget but don't keep track of spending then what's the point? If you don't budget then hope you earn a lot =)

Yeah. I've been checking out this thread just to see what's in and what's out. I've just gotten this card like 3 weeks ago, so still trying to learn the "art" of using it efficiently. To be honest, I don't even know what's MCC code before this. Will definitely keep track to identify which is which.

Of course I do keep track of my spending. But to do this "put in what u think is 5% and 1% and compare with the rebate when u get the statement. if there's difference, try to move those transactions around until u get it consistent, then u'll know which is which" ---> a little troublesome. But oh well, if I really would want to know, I have to do it somehow. Thanks btw

Some finance management software can help, or just use Excel, easiest.

Actually if you're not a big spender (my bill average is about 500-900 each month) then its very easy, maybe less than 20 transactions only. Of those, some are obviously 1%, and since OCBC tells you how much of your rebate is 5% and how much is 1% you can just subtract those from the 1% and see if there's any 'unexpected'.

Honestly, for me is free money and I've stopped calculating since doing that a few months. Almost never have any 1% (except for things I know about already).

I think you got this card about the same time as me, but to me this card is more on petrol + pay bills. So, I'm pretty sure I have 5% for all the transaction done with the card since after the RM50 cashback is capped, I will not swipe it. For retail transaction, I will use other cards.

This post has been edited by jasontoh: Aug 5 2013, 08:42 AM