Mine was registered ok on first attempt at end April this year.
The card details are saved, and no re-keying in subsequent payments.

It used to take 2 days to post, but took 3 days last month causing me mis-calculated my June CB.
I paid on 28 Jun 7.40am, should have posted on 30June, but surprise to see it posted on 1 July.
It is kinda maximizing the CB, that's why do it 2 days before month end in case there are other expenses come in.

This post has been edited by tbheng: Jul 13 2013, 02:08 PM

Yes, together.

Yes, I changed mine by calling in.

Guys, the June CB has been posted.
I received RM90.00 this month as my Maxis payment (paid on 28 Jun) got posted on 1st July.

Hmmm, I thought you did get RM99 CB for June?
It is true that the delay posting dates do affect our following month spending.
Actually, what I did was using Maxis Easy pay as adjustment. Since I have extra credit with Maxis (over paid with 10% CB), hence I can choose not to pay Maxis if my current month CB has been max out by other categories.

I find this overpayment to payees (Maxis here, and Unifi & TNB for my Amex case) have 3 benefits:
1. Gain 10% CB (and ~7.5% for Amex) which is higher than 3% FD if I keep my cash in the bank
2. Can skip paying the payees if I have max out my CB for certain months (like year end sales, unexpected hospital bill, etc)
3. I can pay any time (no worry of line being cut), like near month end instead of bill due date (since my acct is already in credit) after assessing my CB amount.

It is easy to do:
- Max the CB : Pay any amount (Maxis is RM30 min)
- Convenient: Pay via internet at home at night
- Consistent posting date: Maxis take 2-3 day to post (Unifi and TNB post on the same day)

This works for me as I notice my spendings are seasonal and not consistent over the months/years. Just my findings and sharing.

This post has been edited by tbheng: Jul 30 2013, 07:20 AM

Same here. Wise is now on top in my wallet. Seconded by Amex and then OCBC Ti and then Aeon Watami.

Can you share your case with dates, so we can see why bank charge interest on this change?
I changed mine from 25th to 11th of month on 14March.
They skip my 25Mar statement and only generate on 11Apr. Credit period extended half a month with no interest charged.

This post has been edited by tbheng: Aug 7 2013, 07:44 AM

Since you called on 30Jul and request for 1st of month, so I guess they gen your next statement on 1Aug. (That is real quick.)
Maybe since your next statement is generated hence your last statement balance become overdue.

So, if you wish to change to 1st of month, you should have call to change after that. (I time my call for my case.)
In your case, call on 2Aug onward. Then your next statement would not be 1Aug and not 17Aug but 1Sep. So you next statement contain transaction from 18Jul until 1Sep (1.5mth), and due on 21Sep (> 2mth since 18Jul!)
The moral of the story, call after the statement day you wish to change to.

P.S. I like my statement due dates to fall a few days after my payday.

This post has been edited by tbheng: Aug 7 2013, 10:29 PM

All my cards (Wise,MB2Kard,OCBC Ti,Watami,etc) due at month end to optimize my cash flow.
Though a bit inconvenient to calculate monthly expense and monthly CB according to calendar month, but I figured the cash flow outweigh the convenience. Just keep in spreadsheet to monitor CB utilized. I am tracking all my transactions anyway.

It is just my way of handling my cash flow lah, i.e. get paid, clear debt, keep cash for daily use, put balance into eFD (if got balance lah ), get paid, and the cycle continue...

Inclusive of 31. I experienced it in July and August.

I have learnt my lesson to pay at least 3 days before the month end. In the past 7 months, my Maxis tranx dates are always the next day (even paid at 7am) except once on the same day; and take 2 days to be posted. Ever since, I will "close acct" on 27/28.

Should be within October's CB. Confirm them on 28 Nov.
Posting dates can be on the same day as transaction dates or 2-3 days later depends on merchant.

Yes, getting >10% effective return is very possible. I achieved 10.09% in Sept; 10.05% in Oct (projected), aiming for 10.15% in Nov.
All other months I got between 9.91% to 10.00% effective returns.
But, you got to know what, when, how much you are using this card to max out the benefits.
As pointed out by ronnie, 10.15% would be the highest effective return.

This post has been edited by tbheng: Nov 16 2013, 09:43 AM

Ya, I used Excel too. I record based on cc slips and confirm from internet banking transaction history.
Almost all my frequent retail merchant swipes will get posted between 0 - 3 days.
The key is to know your total usage per cc for the month.
I don't swipe this card after 28th of month to avoid early/late posting that affecting CB calculation.

I use copy-paste method from the internet banking screen to my laptop Excel template.
The only one that prevent copy-paste was the AEON internet banking screen. So I do a print-to-pdf and then copy-paste from the pdf content into Excel.
Excel is great, I use various formula/condition to auto calc, things like if it is weekend, if it is 5%/1%; 2xTP or 5xTP; TP (and in RM value) cumulated/redeemed; round up/down; CB by category; effective return; projection of how much balance (no of swipes and amount) I am away from the max CB; cumulative CB from each card; no of EPP installments reamianing; annual spent by category, recon between statement and physical slips; link cc payment entries to my IBG/SA account entries; etc. I still feel I can do more, hence am adding progressively as I go along.

Sorry for late reply.
My whole workbook contain too much of personal details lah...
I have built on this workbook for the pass 10+ years, including my SA, FD, CC, Pays, EPF, Income Tax, UT, Net worth, etc.
If I remove those items, the worksheet will leave with plenty of error and missing referential links.

Just to share 2 of my formula, I believe there are other methods, but these work for me.

1. Weekend calculation
B164=Transaction Date
K164=TEXT(B164,"ddd")
I164=IF(K164="Sat",ROUND(H164*5%,2),IF(K164="Sun",ROUND(H164*5%,2),0))

2. Accumulating categorised swipe amounts
Q1="Petrol"
Q162=SUMIF($N163:$N173,"="&Q$1,$H163:$H173)
N163 to N173 are cc swipe amounts from statement
H163 to H173 are cc swipe categories from statement or manually key
Example:
N163=50
H163="Petrol"

This post has been edited by tbheng: Nov 23 2013, 08:39 AM

Oh... Thanks for your compliment. I am just learning my way along.
Keeping track of cc has gone more complex with various TnC imposed by the banks.
Categorising my cc transactions not only for WISE CB, but also for me to see how much I spend on each categories monthly/yearly (accumulated across all cc & cash).

"projection of how much balance (no of swipes and amount) I am away from the max CB" means how much more I could swipe before I max out the CB for a particular cc. Says for WISE, it needs 10x min RM50 swipes, and RM1k spending to max out RM100 CB. So I keep track of "10 minus number of swipe >= RM50 done so far" and also "RM985 minus SUM(all swipe amount done so far)"

*Note: In fact, if you are observant enough (as pointed by ronnie previously also), the max spending here is only RM985 instead of RM1k for the total from 3 categories to get max CB of RM100. Effective CB of 10.15%

"cumulative CB from each card" means how much CB gain for a particular card at the point in time. Says for WISE, todate I have swiped RM225 for petrol and RM355 on grocery, hence cumulative CB so far is RM23+RM36=RM59 (round up). Bear in mind the round up is by spending in each categories. And I only swipe on the categories that entitled for 10% CB. This will mean an effective CB of 59/580 = 10.17% !

This post has been edited by tbheng: Nov 27 2013, 02:27 AM

+1111
In Chinese there is this idiom 物极必反.
And I too, wish not to see another ocbc Titanium case...