my wife manage to buy something through public bank 0% 12 months installment by just giving her name, IC, card # and expiry date over the phone

yes, the danger is there, anyone unethical can charge your card with these info, but you can always dispute it

alright thanks. it comes as a surprise to me that people can charge our cc without the cvc code.

I think whenever we got credit card, no more safety, as we always heard our credit used by other ppl

on the complimentary cards given by certain banks, will they be given on the spot or need to declare the income statement?

complimentary cards? you mean those cards given together with your car/house loan application? if those, you already have your payslips and other documents submitted during your loan application.

Do you mean pre approved cards?

yeah i meant the pre approved cards when you acquire their privilege banking service?

It won't be automatic on the spot, you have to apply for it! Most probably they won't request for your income proof either, as long as you maintain privilege banking status. A few years back, CIMB did sent me a pre approved Enrich Mastercard form and would only need me to submit my ic and business card only.

I just signed up for a credit card at a shopping mall and realised that the terms are not exactly as what the promoter mentioned. I called to get her to cancel but she has been ignoring ever since.

If the new credit card arrive, can I just don't activate the card, cut and dispose it? Will it affect anything (i.e. in terms of annual fee etc..)?

You will be charged RM50 GST even if you do not activate the card. There are always some kind of promo where you use X times within 1-2 months period upon card approval date and you will be credited back the RM50 GST (usually 3 to 4 months later). Know what are terms and conditions for your card. If you just ignore it, you will be imposed late payment and financial charges for the GST, which can have adverse effect on your credit report, borrowing loan, etc.

What card did you apply btw? CC agents can say whatever they like just to hit their target.

I know the commission from bank will be pay to SA after the card has active, if you didn’t active it, they will not get the commission.

However, you also need to pay for GST (depend on credit card type), why not you can just active and use it to be entitled for RM50 rebate, just cancel after 6 months. No lose from you also.

simple. just lodge a complaint to the bank. give details and state the name and contact of the agent.

at the same time, in future, be a smart customer. read up everything in detail before signing up.

This post has been edited by Human Nature: Jun 3 2014, 02:41 PM

lasttime i did cancel the card before activate it although already charged RM50 GST for pbb.
No problems

I would like to know if I subscribe auto debit for my monthly mobile phone bill. Would this fulfill the criteria of 12 swipes p.a. to waive my CC annual fee?

Most probably consider 11 swipe. The 12th transaction might not come in on time!

I applied for HSBC. Promised cashback 5-8%. When I double confirm with the promoter whether the promised cashback apply for weekdays and will be permanent, she said yes and it will be "ongoing". I signed up. Went home check website - Only for weekends, until dec 2014. When I called the promoter, she said there is still cashback, but is 0.5% for weekdays About the time frame, she said the promo is until dec 2014 but it may continue on but not sure yet.

I am lodging complaint.

Hmm..Actually I also heard about some cases which are same as yours. Complain to HSBC and cc Bank Negara. Did you jot down the agent's name?

promoter are always promote for commission only.
always trust all the TnC instead, with Black and White
but almost all CC first year annual fee will be waived and rm50 service tax would be absorb with some swipe too. after get back the rm50 you could choose to cancel the card if you don't want to use it.

hi now i'm looking at ocbc mastercard for the 1% cash rebate as a backup card.

but it seems, the normal ocbc normal blue/pink mastercard and titanium mastercard all give 1% rebate, the only different i see from the website is normal mastercard dont have 24 concierge?

and also their GE linked mastercard where also give 1% cash rebate but auto-IPP for GE premium and give 0.1% cash rebate on this.

so the above, with per annum of RM60k and above, which one is the best card to apply?

This post has been edited by candysiew: Jun 5 2014, 02:18 PM

Correction OCBC World MasterCard (Income Requirement RM100K p.a)
*1.2% rebate on all retail spend NOT 1%...
*2X free access per calendar year to KLIA Plaza Premium Lounge
*Travel Accident Insurance
http://www.ocbc.com.my/personal-banking/Cards/index.html
Neither 1 No Different...
If your Income can Support U just Get the Titanium Version maybe will get Higher CL just go for Titanium...lah ALL with 1% Unlimited Cashback Except 1.2% on World MasterCard...

This post has been edited by fly126: Jun 5 2014, 02:03 PM