Noob question: How to identify MCC code of a shop/terminal?

okays... will start asking the bosses their mcc code. I have been so used to amex where they give u 7% for semua benda....

but 1 problem... no 5x points... so u have to spend RM10k to get 10k TP to offset GST

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

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%