Benefits:

• No Annual Fee with no conditions attached.
• Umrah Trip. One weekly Umrah winner (package for 2pax) will be selected to win an Umrah package (for Muslims) or holiday package (for non-Musilims) – non exchangeable / transferable. Every RM200 retail spending in one single receipt entitle for 1x entry. Campaign starts 1st August 2014 and ongoing. Winner selection will be done every six (6) months.
• 5% rebate on petrol and groceries on Friday and Saturday, capped at maximum of RM50.00 per customer per month (Principal Cardmember only)
• Charity Fund. With every spending the Bank will contribute 0.1% for charity purposes.
• FREE Maybank Touch ‘n Go Zing card
• TreatsPoints. Every RM1 spend locally and overseas earn 1 Treatspoints

not a bad addition to existing MBB2card users here.

1) use existing TPs to quickly offset the GST (i presume this is allowed/can be done). generate 5X TP from Amex, use it for ikhwan-i cards

2) additional RM50 cashback (petrol + groceries) for Friday & Saturday. Combine with mbb2card amex, 5% cashback for 3 days (Fri, Sat, Sun) to cover Petrol & Groceries

3) based on the T&Cs, Maybank has the absolute discretion to determine the category of the merchant (petrol and groceries). possibly this is based on MCC?

More readings below:

Maybank Islamic MasterCard Ikhwan Gold Card @ min. income RM30k pa
Maybank Islamic MasterCard Ikhwan Platinum Card @ min. income RM60k pa

CashBack T&Cs
Product Disclosure

this is great, especially for those who have got Visa as the "other card" for MBB2

so can use visa, master AND amex for TP collection

Actually kinda make sense too although it will eat into your effective % of maybank2card.

MBB2: for every year: RM12000 spending gives u RM600 cash back + 60000TP - 12500TP for GST
MBB Ikhwan: for every year: RM12000 spending gives u RM600 cash back + 12000 TP - 12500TP for GST

Total benefit p.a. for RM24000 spending is RM12000 + 52000 TP

Assuming we get RM50 for 12500 TP, e.g. petrol voucher: 52000 TP will give you RM150 + 9500TP


Effective cashback = RM1200 + RM150 = RM1350 (5.625%) + 9500 TP


compare with PBB Visa signature and HLB wise... close fight

This post has been edited by joylay83: Jun 21 2014, 04:27 PM

correction: 12,500 tp for rm50 gst

Hi,

Does anyone know how to apply for the merchant terminal for Citibank?
I tried to google but unable to find any info.

Thanks

Fixed thx for the heads up.

I have decided that PBB Visa Signature is a better card to have because it gives you 6% everyday, compared to Ikhwan which is only friday and saturday. However, it does not cover petrol (you can always use amex for that).

So,
MBB2: effective 6.x% after use 12500 points to offset GST
PBB VS: effective 6% after use points to offset GST
Total: >6%

Citibank? Try visit their branch. I'm not aware of any merchant using CTB, let alone encounter one. If you are interested in MBF Ambank pls call them at 03 21625224.

Some cashier counters at Subang Jaya Medical Centre are using EFTPOS from Citibank.

For Visa/Mastercard, What's the interest rate charges
incurred for not paying the full amount owed?

This is usually found on the first page of your CC statement along with several examples.

you owe the interest to the bank not visa/master. different banks set different interest rates for your unpaid balance. you need to check with your cc bank.

Owh I thought it is set by Bank Negara

the one set by bnm is 18% pa (max) but many banks can give lower than that.

For UOB PayOnline, where you do get the Bill No for TNB Bill? The new format does not show the bill no at all, but it is a mandatory field at UOB PayOnline.

im just wondering will we get letter from PB stating that we are in debt with them and need to arrange financial counselling with Bank Negara if we just pay the min amount? i mis pay previous month min amount and got a letter from them stating I am owning them xx$ and need to arrange counselling session with Bank Negara.

Please advise

Public Bank Credit Card is expiring in September this year. I wanted to stop using it after it expires, switching to maybank.

1.) Should i do anything to cancel the card? Wanted to have 1 Maybank CC only.

Yes. You need to terminate the old card. Try call up CS and ask for the method.

Dear sifus, wanna ask, is it possible for other individu to use my credit card when I didn't activate the card yet? Citibank claim the already sent the card to me but I didn't receive it yet myself, I did received an sms from 6xxxx number, asking me to activate the card but I didn't...what should I do next? Call them to cancel it? Thanks in advance~

As long as you do not activate your card.... Others won't be able to use them. Call your bank CS to inform them that you receive the sms that requires you to activate the card but still haven't received the card . Most probably they will cancel the card and issue a new one for you.

Noted...thanx for the clarification~