How long have u been working? Which bank is your salary bank into. Try apply from that Bank as u have some tracks record there

Cant wait to go home and check your blog but in the meantime, i checked the HLB Website and the Infinite Card is still not there. The highest is still their Signature Card. Is the Infinite by Invitation Only or is this a Soft Launch?

Updated on 16 Jan 2014

Hong Leong must be monitoring LYN. The links to Visa Infinite is on the HLB Website together with the T&C

http://www.hlb.com.my/pfs/cc/tc_en_infinite_P.pdf

Actually, HLB VI Enrich of:

Local - RM2.8 to 1 Enrich & Foreign - RM1.8 to 1 Enrich

still looks better than CIMB Enrich which is

Local - RM4 to 1 Enrich & Foreign - RM2 to 1 Enrich

But you're right, the Card sucks compared to what u listed on your blog. Hmm, Tan Sri Quek should really hire you as their Head of Cards

This is what I got from Hong Leong Bank website

Investor Relations Contacts

Chow Hing Hon
General Manager, Performance Management

Hong Leong Bank Berhad
Level 3, Wisma Hong Leong
18 Jalan Perak
50450 Kuala Lumpur
Malaysia

Fax : +603 2164 1519
Email : ir@hlbb.hongleong.com.my

Maybe you should send him a e-mail on how bad his Flagship Card is and how you can make it better and to be the Top Premier Card in MY.

This post has been edited by cfa28: Jan 16 2014, 05:54 PM

CC is only suppose to represent a convenient method of payment. Meaning, instead of carrying cash, u carry cards.

If u don't have the Cash to pay in full when statement comes, don't swipe and u will never be paying the CC any interest.

Wow, want both is a bit tough bro. Closest is Maybank2Card

get 2 cards - Amex with Visa or Master
Free AF for Life - no conditions
Pay GST for 1 Card only

For Amex - 5% Cash Back on Weekends + 5x Treat Points (including weekdays)
For Visa / Master - No Cash Back + 1x Treat Points only

Hi Guys, just wanted to share that when I recently cancelled my Public Bank Credit Card and Hong Leong Platinum Credit Card, both companies offered me a RM50 Cash Rebate to offset my GST in order to retain my Card.

As I already have other Cards and hardly use the above 2-cards, I did not take up their offer.

But to those who do use their Cards, just call up do insist that they give you the RM50 cash rebate.

I have also cancelled my Stan Chart Card and the CS said that the Retention Dept will call me back. Perhaps I will try that.

Hmm, if you have been rejected, suggest that u wait say 3-mths before applying again.

Have u tried to apply a CC where your salary is banked in?

How long have u been working. If u can show a consistent OT, Commissions, some Banks recognise such Income but it depends from case to case.

What is your Basic and Ot / Comms

Son, you're off to a very BAD start. Forgive me for being blunt. Just got new CC and not making full payment for your purchase is a recipe for disaster. Before you know it, amount will snowball to your credit limit and you'll be knocking on AKPK doors.

If u cannot afford to pay in full at end of month, don't swipe.

Don't swipe anymore until u clear your current balance.

Technically, u have to pay AF as long as your Card was valid, i.e. not cancelled.

However, u should write in and ask that the AF be waived as u did not use the Card and u overlooked to cancel

If HLB insist that u pay, say that u will complain to BNM / FMB

How much is your monthly premiums? Is it more than RM1K.

If Yes, get the AEON Watami, which gives 3% CB every quarter subject to min spend of RM3K per Quarter and capped at RM5K

So, just do Auto Debit for your monthly premiums plus TNB, StremyX, etc to enjoy the 3% CB

Also 5% CB for Petrol on Last Sunday of the Month

Dear Sifus,


Bank Negara Malaysia (the Bank) is issuing a concept paper on the Payment Card Reform Framework (the Framework) for public consultation. The Framework aims to foster an efficient, transparent and competitive payment card industry in Malaysia, in line with the Bank's statutory mandate under the Financial Services Act 2013 and the Islamic Financial Services Act 2013 and the recommendations outlined in the Bank's Financial Sector Blueprint.

The Framework seeks to ensure that any increase in the acceptance cost of payment cards is reasonable by establishing an objective and transparent mechanism for the reimbursement of fees among players in the payment card industry. Complementing the mechanism, the Framework, among others, also introduce measures to promote greater usage and acceptance of cost-effective payment cards through the use of correct price signals and empowerment of merchants.

Members of the public, industry players and other relevant stakeholders are invited to provide written comments on this concept paper. Please submit all written comments to the following address or email to payment@bnm.gov.my latest by 10 November 2014:

http://www.bnm.gov.my/index.php?ch=en_pres...ac=3081&lang=en

http://www.bnm.gov.my/guidelines/50_others...m_Framework.pdf

further to Human Nature post above, did your FIL leave a Will?

Does your FIL have a lot of Cash still stuck in the Bank? If yes, and if you have ATM Card, better you take out all the Cash now.

After you have taken out the Cash, you need to inform the Bank that issued the Credit Card of your FIL Death by giving a copy of the Death Cert and ask the Bank to immediately Cancel the Cards.

Ask the Bank to charging any more additional charges / interest until the financial affairs are sorted out.

Then does your FIL have any surplus estate / Assets

Banks cannot sue a Dead Person but they can sue the Estate or the Admnistrator of the Estate

Do you have any Lawyer friends who can help you or perhaps your Insurance Agent who can give detailed advice.

My condolence again to you and especially your wife.

The position of the Law is that you can only bequeath Assets and not Liabilities.

So for Loans, unless any of the beneficiary was a Joint Borrower, no other person will be liable for it.

But as the Property was charged, the Bank will need to be repaid. Hence, either the Housing Loan must be settled or the Bank will auction of the Property with the Balance of the proceeds after netting of the Principal Sum to be distributed to the beneficiaries.

By Right, the Administrator is suppose to settle all liabilities before distributing the surplus assets. This includes paying off all other liabioities of the deceased such as Taxes, CC, etc.

The Creditors can take action against the Administrator only and not the beneficiary.

FYI, Insurance monies are excluded from this and can be paid directly to the Beneficiary without any set-off of Liabilities due to Lenders / Creditors

I believe EPF Monies can also be paid directly to Beneficiary without set off of loans ourstanding.



This post has been edited by cfa28: Jan 6 2015, 03:54 PM

Hi Bro, posted in the earlier link you posted