Never have credit card before,
I might want one for emergency such as hospitalization (hospital, a place to save life has credit card machine ) , online purchase for things like games and bags from US...
Now days got how much charges?
Which one the cheapest?

Thanks.

How bout debit card?

it depend on u to choose whether u want a CASH REBATE credit card or benefit based credit card


interest rate are almost same among all banks

CASH rebate credit card = ocbc titanium or UOB one card

benefit based

if often travel = air asia CC or those platinum card which come with 1 mil travel insurance(flight)



cash back card comparison chart


This post has been edited by fantasy1989: Jun 7 2013, 11:37 PM

Debit card can use for online purchase meh???

Yes

Wahhh, got benefits some more...
However, I will only use it once in a blue moon.
Mainly want it for emergency and rare online purchase only. If rarely use got higher service charges? I heard from friend if use certain amount per month got wave service charge?

Can use in hospital too?
I think credit card is better in emergency right?

lol! sure can la....

janji dalam debit card ada wang!

Not really, insurance first.

errr..try to find those waived annual fees (with T&C) or Free For Life credit card

if like that ..then every year u just pay rm50 gov tax lo

like UOB One card = 1 year u swipe 13 times = waived annual fees

or Petronas Cimb Bank platinum card = Free for life with no condition

insurance > credit card

and yes la ..if suddenly want 3k deposit ..but u didnt put many money into your debit card ..mampui liao

but if CC ..if stolen ..straight report and cancel it

atleast u wont die

if debit card...report liao still need to wait

This post has been edited by fantasy1989: Jun 7 2013, 11:53 PM

Amex is also capped at RM50 la bang..

Thanks for explaining, the Platinum free for life must have very high income only can get right??? I kuli je...

Insurance is better I know, I might get it later this year. Previously, my salary so low, didn't even really put any thought in it.

I heard from my friend just now, when he try to buy something from US web, it says they can't accept our local credit card because they don't recognize our banks. It that true or my friend got troll by noob sales person?

how much is your salary

if your salary got 2k then ok already ...if u want free for life CLASSIC card

go for ambank

troublesome a bit ..but they offered free for life classic card

Last time < 2k, then last year onwards got 2-3k, but not consistence plus need to spend half of it to support family.
Now got >3k starting this month, many of my friends say better to be save than sorry and at least get a credit card first, then insurance later this year in case of emergency.

then go and apply 1 lo


http://www.ambankgroup.com/en/Personal/Car...neVisaCard.aspx

This post has been edited by fantasy1989: Jun 8 2013, 03:18 PM

One more thing I want to know, got credit card that other countries' company don't accept? I mean when buying things online.

This post has been edited by samftrmd: Jun 8 2013, 11:43 PM

but if we swiped more than 13 times, rm50 govt tax still apply am i right?

credit card for broke nikkas

dont buy things that you have to take loan to afford

yup ..but u can nag to your bank see they want asrob it or not


sometime u can (if u are heavy user)

This post has been edited by fantasy1989: Jun 8 2013, 11:56 PM

most of them are accepted

else ..just link your CC with paypal ..and use that to buy

This post has been edited by fantasy1989: Jun 8 2013, 11:56 PM

I don't like credit card also, but for emergency mah.
Then sometimes want to buy things that is not available in Malaysia. Sometimes buy games online cheaper.

if time is an issue, during emergency, better have CC standby while waiting for insurance confirmation which may take 30min-1hour.
got CC terus swipe and see doctor.. if just wait for insc, maybe suffer abit first.

why not both

CC 1 year just 50 bucks je

i do the same thing, but i use a debit card

put money into debit card

Avoid using CC lor. get debit card much better. got 1 CC Cimb.. almost limits d. nyesalnya lah. mau tutup susah.
now using maybank account.. Maybank ATM card got VISA word at the corner.

Reach limit is depends on self control no?

I know Maybank ATM card can use as debit card, but if emergency and no money that time how?
Can use the ATM card to do online purchase too?

As long as you keep sufficient money in your debit card, then you don't have to worry. It will be same as credit card.

And debit card spending lagi terasa when you tengok your balance ditolak, compared to credit card kena tunggu bill.

What emergency? Debit card better for control since you know if you simply spend now, later tak cukup duit for other things/emergency. Credit card: spend now never mind, still can use for "emergency" later.

IMO, if credit card the term "emergency" will later become "omg sale 50% with limited stock! Need to buy now before habis!"

Maybank 2 CC.

I hv one question, can Debit card we bayar ansuran like credit card?

for example if we buy items RM2000. though we have RM5000 on our acc, by using debit card, it will tolak sikit for example like RM500 per month? got debit card like that ka?

Hi TS, can share thread?

I'm also curious in applying CC. I've just been transferred to S'gor and my current income now is 3k, having a debit card for my monthly groceries/baby stuffs and the usual outdoor eatery etc.

I have insurance, but never had a CC before and would also like to hear some suggestions, basically as what TS stated for emergencies only (hospitalization, I use my debit card for online purchases). Can't rely entirely on debit/insurance in desperate times.

My main salary acc is RHB, secondary but seldom use CIMB acc. So, any suggestions? Thanks in advance.

No la, buy things of course will self control one.
Emergency is like when parents or ownself need hospitalization, can't wait insurance or can't claime or need to wait long time... Then don't have enough money in bank account for debit card to use, sometimes hospital operation can cost sky high one ma. At least can 'borrow' money from bank to save life first lor. I think in this case, insurance is not good enough for medical emergency lor because need to investigate, wait for claime, wait for transfer....... If use debit card, means account already got lots of cash lor, can direct transfer no need to worry liao, don't even need to use that debit card in this case.

Just started to get 3k last month, so will really consider a card later this year.

Thanks for all replies.

Get a credit card and set a limit that you can afford. Credit card is the best thing you can get IF YOU USE IT CORRECTLY. Make full payment instead of minimum/partial payments. Avoid unnecessary things like credit shield or overdraft on ur CC.
Advantages I get from my CC:
1. Cash back rm50 per month from OCBC and rm50 every 3 months from Citibank (1 year is already rm800 yo.....)
2. Points on my Citi PM card that can convert to air miles
3. Travel benefits (lounge access, travel insurance, free ride home..)
4. Can utilise 0% BT if available (increase liquidity, 0% installment why not..)
5. Most important, build up your credit score with banks. You dont get credit record with cash!
Many other fringe benefits I cannot think now.
So get a card you can afford and spend according to your limit. Make FULL PAYMENT every month!!

That one is not handled by the card agency, but the seller.

I'm not sure in Malaysia, but it's quite common in Europe. You will have to ask the seller if he is willing to do an installment plan of Rm500/month. If he agrees to, your card will be billed for RM500/month.

For example, I'm subscribed to some services with my debit card. Every 3 months, I get billed bout Rm100. And every month I get billed RM30.

Well, depends. If you have medical insurance, generally you will get a personal ID card that you can just pass to the hospital.

Even if you don't have the personal ID card, you can ask the hospital to just call the insurance company that you're subscribed too.

Personally, the hospital will treat all patients as they come in and not delay treating just to verify all the detail. Refusal of treatment by hospital, in emergency cases, is actually against the law. Most often they will start to treat that patient immediately while the other relatives/guardian go and sort out the paperwork (which isn't really a lot).

Point is, I'm not saying credit card is bad etc. I'm just pointing out that such "emergencies" of hospitalisation etc... doesn't really require the use of credit card as you would imagined them to be.

I see, thank you for explaining.