Sorry, read most of your writeup but not fully retained, getting old. When the time comes, hope these 3 Banks still offer same condition. If not much CB but must have complementary PPL access.

hey Gurus,

In terms of annual income, have a very newbie question here. Does it only consider the accumulation of based pay as the annual income? Can allowance and claims included too in order to meet the application requirement?

http://www.ocbc.com.my/personal-banking/Ca...l_for_cash.html

ocbc has this call for cash with 5.99% interest with 36months fix instalment

may i know if i get the cash advance for RM2500. how much do i have to pay for the interest if i make it 36 months?

At the time of applying for CFC, the Cardmember shall elect 1 of the 3 tenures under the CFC facility :
1 year/12 months; or
2 years/24 months; or
3 years/36 months,
(each a “tenure” and the tenure actually elected by the Cardmember shall be called “CFC Tenure”) for repayment of the CFC Amount and CFC Interest.
The amount of monthly instalment (“CFC Monthly Instalment”) repayable by the Cardmember for the duration of the CFC Tenure is computed based on the following formula :
[CFC Amount X 5.99% X CFC Tenure*] + CFC Amount
Number of monthly instalments**
* For purposes of this formula, the CFC Tenure is taken at the number of years instead of months.
** The number of monthly instalments is referenced to the CFC Tenure i.e. 1 year tenure at 12 monthly instalments, 2 years tenure at 24 monthly instalments and 3 years tenure at 36 monthly instalments.

This post has been edited by BigMama87: Jul 24 2014, 02:03 PM

primarily on base pay (wage)

but if your allowances/claims are consistent every month, banks may consider it as constant stream of income. better if these allowances/claims are printed on your payslips.

got it! thanks for clarifying

hi all, i want to ask a question here. I'm still a beginner to apply to a credit card

So, lets say i apply UOB one card and this month July i swipe Rm300 for a shoe at none listed merchant on UOB one card features. When should i pay back the Rm300? Is it i pay the Rm300 on next month or next year?

before your statement due date. statement is generated every month.

how about the interest rate p.a for UOB one card. Cannot pay every year?

the interest rate kicks off once you made late payment with respect to your statement balance.

since you are a new user, a word of advice, always pay full statement amount before due date.

Maybank just rejected my platinum card CC. I asked why but he can't really tell the reason. I have around 70K annual salary and currently only have 1 CiMB gold card only (For petrol + groceries) . I never been in CTOS or CCRIS. Plus my salary credited into Maybank summore.

The purpose for the new card is for standby in case during travel and may need the card to pay for the hotel and later company will compensate for that.

Too bad maybank is too strict, not sure what they kind of requirement they want. i do have car and house loan, but i guess everybody also have right?

Too bad Maybank.

maybe because your commitment on your house + car is very high, or you have late payment on your CC or loan.

I also got rejected first time bro tried 2nd time then successful when I don't have car and housr loan

This post has been edited by DarReNz: Jul 25 2014, 08:01 PM

you mean you finished paying all your car and house loans in between your first try to second try? that's fast because my house loan will take 30 years.

car loan paid d, house was on DIBS

Same here NO House or Car Loan
Gua lagi Teruk tried 3rd Time MBB baru give Me their 2Cards...

wow, you bought your car and house with cash without loans? hebatnya...

Not Me is My MOM she's the Greatest (All Under Her Name)...

About few months ago, my friends and I went to a coffee shop in Ampang to have some drinks.
All in total RM32+. My friend give the credit card but the waitress (I think Myanmar) say kenot as the restaurant only accept above RM40 for credit card usage.
(I saw a small signboard on the restaurant's glass wall stating so.)

My friend black face & immediately shoot the waitress. "What bull**** is this!? Call your manager!"
So he say restaurant cannot do so, if he report to VISA/Mastercard, they will take away the credit card machine.

So waitress cannot handle my friend, had to call manager. So talk to manager, manager firstly say the same thing. So my friend shoot her also.
"Look, don't blame me if next week you don't have your credit card machine anymore."

So manager also takut aldy, took his credit card. Surprisingly came back with credit card accepted. Friend sign while the manager apologize "Sorry ah, the waitress don't know. Next time I will teach them properly. It's our fault"

I was amazed. Another friend of us is a senior internal auditor also did not know about this.

Tl;dr So, does the restaurant* has the right to reject customer based on the level of spending? Let's say below RM50, restaurant don't accept them?

Edit: typo error

This post has been edited by milkyboon: Jul 27 2014, 02:05 PM

like that jaya grocer, 99 speedmart, old town all have min rm30 spending if reported all will lost their machines ?

Well, Im a credit card noob. Sadly I don't know

Another person said it was illegal, but no explanation.
https://forum.lowyat.net/topic/2988781/all

So was wondering if could get the answers here.