QUOTE(hye @ Apr 11 2013, 05:24 PM)
jiro-kunThis remark has been repeated for many years already and it's a myth. This to be rampant when Citibank is the cc market leader in Malaysia. Agents used to say "Citibank card is internationally recognized" - to entice customers to sign up thinking that an international brand credit card will be good. (Which was the mentality back then) Which I think is misleading because as long as there's the word "VISA" or "Mastercard" then the card is generally accepted all over the world.
Sometimes I also think this myth is propagated by those who never travelled outside of Malaysia or used their credit card physically overseas out of whatever reason.
I have had one case where a country I visited do not accept credit card at all - all cash transactions. VISA accepted sparingly but this is case for the entire country. It has nothing to do with merchants.
If the remark you mentioned is true then would a VISA/Mastercard credit card issued by Shinhan Bank/Busan Bank of South Korea or Bank of Dubai (Dubai) or Barclays Bank of United Kingdom or Bank of China (China) be only valid in South Korea/Dubai/UK/China only ? Certainly not the case! So, please have the right idea from now onwards regarding the use of credit card overseas. I am just concerned .... because after so many years, the wrong mindset still exist.
Hi there! Yeah thanks for the feedback. What you are saying is true. and I agree. I just wanted further conformation. My first card was HSBC and when I went overseas, there wasn't any problem in terms of acceptance. So in that case I was very satisfied. Been using that card for 7 years. Now I want to cancel off that card, as i see this OCBC card has better benefits for me. So yeah, taking the first step is never easy in anything, and I don't want to risk of going overseas, and in time of emergencies my Credit Cards fails me. After all for me that's the beauty of having a credit card, something that we can fall back on in times of financial emergencies. haha.
As a matter of fact, my good friend, did tell me her Maybank card was not accepted by a merchat in Hong Kong. The merchant was frowning when he saw the card, and told her if she has other type of credit cards. Then she gave him, her Citibank, and the person accepted. So my point is, yes, in fact all merchant is suppose to accept cards that are varified by either MasterCard or VISA, however as you said, the mentality, is not only on the credit card owner, is on the merchant also.
Just my 2cents. Cheers!
Apr 11 2013, 05:00 PM
Quote
Thanks for the feedback! 
0.0430sec
0.19
7 queries
GZIP Disabled