Ya I know what you meant. I also don't understand why PBB stamping is so expensive , compared to MBB CIMB etc RM10. Can only say this, double standard !

Maybe in the near future. I somehow recalled back in the late 90s it is not possible to pledge 5k for a CC. The minimum was then 50k and since then , this figure drops significantly. One day maybe it will be 2k.

Your 1st try will be MBB 2 Cards. As you use this card, you will explore other cards which offer better rewards based on your spending pattern. Generally, you will find MBB 2 cards a good start.

Yup. Or if your monthly salary is over RM5k , Maybankard 2 Platinum Card.

One possibility is that your VI application is not successful and they downgraded your application to Visa Wise

Otherwise, they have made a mistake.

This post has been edited by Wongchoy: May 20 2015, 04:27 PM

Have you inform the bank of this situation? They should have the answer.

As long as you can submit your income documents to them, they will consider release your FD

Why don't you look out for AEON Watami. I use it for all my insurance trnx.

https://forum.lowyat.net/topic/3609846

It is very clear, earn below 36k you are limited to 2 issuer only . FD secured cards are no exception.

But you have to understand that on a credit card secured by pledge FD , there is basically no lending . The bank does not lend you any money unlike credit cards applied under normal circumstances. That 2x gross salary limit is what the banks lends you. So if you pledge 20k FD and get a 20k CL , how much 'line of credit' is there? Nil. Let's assume the salary is RM900 and he pledge RM5000 for his credit card. He got a CL of RM5000. BNM ruling is the limit will be 2x gross salary which is RM900*2 = RM 1800. That's mean for his pledge of RM5000, he could have a max. CL of RM5000 + RM1800 = RM6800 with the bank.

If you meet the income requirement and your CCRIS is clean, I am sure the banks will approve your application provided you pledge FD. However if you make a straightforward application, 100% unsuccessful!

You need to have a work permit or PR to qualify. If not, you won't get to apply.

the spouse is a local? Then he/she apply and get you a supp card.

Talking about reject, the merchant would reject more than we do because using this swipe will only get a transaction posted after 10 days minimum. In 2012 I do have one trnx swiped this way in Saudi and it takes 30 days to get posted!

On a card trnx, Posmode identifies how a trnx is process eg normal swipe, mail order, telephone order or online trnx. Posmode 81 is identified as an online payment. MCC itself identifies the nature of business the merchant are doing.