more users=more fee they get from us swiping at the merchants. so dont think thats the reason.. haha

what i have been told by the OCBC, the card will be discontinue last week friday. However, I did managed to submit my application last wednesday.

Usually how long they will approve your application? How they let you know that your application status?

Hope there will be a better offered by OCBC bank or remaining the same benefits as for those who holding Tit.

Otherwise, there will be many termination after this.

We could be know the result after this Friday, right?

hopefully...
at first, standard chartered ended all their cash rebates & other benefits, then uob changed their terms & conditions on annual fee, now ocbc titanium...
so only left maybank 2 cards...???

This post has been edited by victorywp: Oct 23 2013, 05:50 PM

I have one year to observe what OCBC will be doing to Titanium holders since I just got my GST waiver. If the worst comes then bye bye OCBC Ti.

This post has been edited by spikey2506: Oct 23 2013, 06:44 PM

OCBC Titanium CC has been removed from OCBC Websire already.

Looks like its Good Bye to OCBC. It was a good CC, 5% rebate on Petrol, Restaurant, Telco.

http://ocbc.com.my/personal-banking/Cards/index.html


Perhaps someone can call OCBC and ask how much longer the Titanium Card features will be maintained

Updated - at 7.00 pm

Okay - I just called up OCBC to threaten to cancel my Titanium Card if the Card / Benefits are discontinued and I was told that OCBC is doing a special launch of theie Platinum Card which offers unlimited 0.50% rebate on all retail spending. Hence, for those who spend a lot, its better than the Titanium.

The Titanium Card will still continue as per normal and will be re-sold after the special promotion for the Platinum ends in end-Nov 2013

Have stressed to the CS to inform OCBC Management that there will be MANY cancellations if the Titanium Benefits are reduced.

Sekian Terima Kasih

This post has been edited by cfa28: Oct 23 2013, 07:06 PM

any recommendation for card replacement? is Citibank platinum cash back second best card?

Well, Citibank Cashback Platinum offers a slightly lower rebate on other retail spending at 0.3%

But citibank has 1-big T&C is that your rebates must accumulate until it reaches RM50 before it will be allowed to offset against your monthly bill payable.

Hence, I will not be using my Citibank Cashback Card as I want my rebates IMMEDIATELY.

The CIMB Petronas Gold and Plat also gives 0.5% unlimited rebates on anything. With free annual fee without any restrictions.

But if you combine with other category of 5% on petrol and 2% of groceries + pharmacy+ bill (using Citibank Online) and you're a big spender, reaching RM 50 per month is still possible.

But then if it's true than it is very very strange on OCBC's part. This is the first time that I hear a bank totally stopping the issuance of a particular card to focus on another card

How about OCBC Singapore?

It is not uncommon for card issues to revamp or remove their card(s) from the market. Foreign Banks like Citibank, HBBC and UOB revise their cards' benefits periodically and without notice. Even MBB revised the TP for government/education transactions to 2X.

The OCBC Titanium has been in existence for more than 5 years and was revamped about 3 years ago to make it a pure cash back card offering True 5% cash back. And if not mistaken, the first ever credit card to offer 5% cash back for petrol as a standard card feature.

Prior to OCBC Titanium, StanChart also had a Titanium credit card offering very good cash back on Fridays. I have awarded this said card the titled The Most Exclusive Card in Malaysia in my article Premier Credit Cards - Exclusive and Privilege Cards. The main feature of this card is that it earns the cardholder cash back up to maximum RM600/year for transaction(s) on Fridays. Now, take note, I said per year not per month, you can actually do a single transaction for RM12,000 on a Friday and you will earn cash back of RM600; but after that you can keep the card in the drawer until the card's anniversary again, haha.

And now, we lucky OCBC cardholders can brag that we also have a super duper exclusive credit card where even the super rich can't have it

It is no surprise that OCBC may have decided to discontinue the OCBC TMC because I bet their card department did not expect us to stop using the card once we hit the RM50 cash back cap. And I bet we LYN credit card enthusiasts have benefited thousands of Malaysians by sharing and stressing how to maximize the returns we get from CC by having both OCBC TMC and MBB 2 AMEX. And with OCBC handing out FREE cash up to RM650 to each individual OCBC TMC cardholder, I bet they are losing millions yearly.

This post has been edited by Gen-X: Oct 23 2013, 08:52 PM

True! Have you guys forgotten about Standard Chartered Titanium MasterCard ? That was such a short-lived card! It was in the market for less than one year or so. It was the IT card back in 2009. Standard Chartered was generous enough not to alter the benefits of the Standard Chartered Titanium MasterCard until last year.


I think Citibank is the first to offer this 5% petrol cash back as a permanent feature of its credit card. But then i'm not very sure either as it's been a few years already


Yeah! And i didn't even have the chance to apply for this card. Tidak cukup umur then i think...


Agreed! It's ok if they stop selling this credit card. I just hope they won't change the features and benefits of this card anytime soon.


Very true! OCBC simply is too generous with this credit card already. The 5% cash back feature is already very good and couple with this RM50 usage bonus for annual spending not less than RM10k, i'll be very very surprised if they are making lots of money with this card. OCBC should be very thankful already if the commission earned from its Titanium MasterCard cardholders is enough to breakeven!

Since OCBC Titanium MasterCard started with 5% Cashback back in Sep-2010, I've collected about RM2.1k of cash back (monthly and promotion) from OCBC Titanium MasterCard


I do hope they maintain the existing benefit... else ADIOS !!!

About RM1200 for me since April 2011

IINM Hong Leong Essential credit card offers 1% unlimited cash back which i think is the best for big spenders who don't want any hassle and just a straightforward simple card.

actually i really wonder the economics of offering 5% cash back, i would imagine credit card issuers can earn at most maybe 1.5-2%, how are they supposed to make money from 5% cash back? even if you cap it at RM50, with any savvy consumer they'd just switch to the next credit card, so they'd never really earn anything. the same for MBB2 Amex, 5% + 5× treatspoints doesn't make sense to me. not that i'd complain lol.

Maybank should still be easily breakeven or even make a lot of money from the commission and AMEX charges higher commission compared to VISA/MasterCard.

try uob one platinum