i tot its the same since the approval is from the bank itself? or this cc booth agent has magic word makes the application easier to approve?

there's a certain target to achieve from booth sales, so its easier to get approval unless you really not qualified. think in this way, if a bank pays to rent a booth at a shopping mall and hire salesperson to push their cc, but from those submission they reject most of them just because of small/tiny issues, so does it worth the marketing expenses?

I disagree that it is easier to get approval if it is submitted to the booth. At the end of the card, approval is handled by a different department.

yeah, but it arrives in a stack from booth sales not in a single form from the branch.

mine got rejected from bank (CIMB) but approved from booth.. (OCBC)

Still, it does not prove that the approval is easier.

Different bank different criteria

they will go through the same process/procedures to get approval but booth sales submission will be a little bit lenient i would say.

we can agree to disagree until someone from the bank confirm this

cimb bank only ask for my epf statement.. they said epf and IC itself is enuff (as written in the form 'epf statement or payslip or xx' i cant remember)
end up got rejected even though i fulfil the criteria.. i would say that bank staff is not that familiar in this credit card application process/procedure.

for booth they r expert already.. they know what exactly bank/ approval department wants to get the card approved.

i would say its not easier to get approval but its more efficient and easier

This post has been edited by shawn87: Jul 23 2014, 04:07 PM

So what about those card centers. Would you choose to submit your application through booth instead of card centers?

i submit my application through fax/email/online form, and i still get my CC approved but i will not state that it is easier compared to other methods.


add: The reason i disagree on this is because there are booths with logo and all, but manned by agents, not bank staffs. We all know there are many cases of unethical agents and readers might get the wrong idea if there is a claim that approval is easier through booth.

This post has been edited by Human Nature: Jul 23 2014, 05:21 PM

the booth i meant was the official booth set up by banks for temporary event, surely not the ones manned by agents.

last time i applied and submitted my application in a branch but was rejected.
but i refilled the application form and used the same documents and submitted to their official booth during an event and approved.

then you have to be specific in your reply earlier, booth could be manned by agents

I got my first credit card at Maybank Treats Fair. No questions asked.

iinm maybank does not have agent.

You mean once retired, one can no longer apply for new credit card?
Can investment income from UT or ASx be used?

Bro, very tough based on my experience. I want to increase CL for my Maybank CC also susah, however, did not really try very hard as they always entertain my request for Temporary CL.

Dividend from UT/Stock usually not taken into consideration as it is not taxable income and not guaranteed. Some banks may entertain FD interest but not necessary. Rental income can be considered becasue technically you have to declare in your Borang BE.

Of course there are ways to get credit card when one retires - Premier Banking and or pledge FD.

Then must plan to keep those with lifetime free AF like OCBC Ti , CIMB CB Platinum and MBB2Amex.

Yes Yes, FREE for LIFE cards are the best

Premier Banking also get FREE Credit Card for now - RHB Plat (but going to merge with CIMB), HLB Plat and Alliance Plat.

Worst come to worst, got debit cards

Thanks Bro, but RHB Plat (thought no more merging CIMB), HLB Plat and Alliance Plat not much CashBack and I don't like to park money at one place, prefer musical chair.

Bro, if you had read Premier Priority Privilege Banking published years ago at my Ringgit Wise Fool blog, these 3 banks NO NEED maintain minimum AUM like Citibank, HSBC or SCB. One time deposit in to FD (when got promo) and then take out, hahaha