UOB Card CB for Petrol is capped at RM25 CB (or max petrol spend of RM500 per month)

not many people will be willing to pay even RM50 in Annual Fee, whatmore RM388.

There is no explicit condition to waive Annual Fee unlike RHB Infinite / World where u need min spending of RM100K / RM50K to waive the Annual Fee.

That remains to be seen but what do u guys think, will OCBC give AF Waiver for spending of just RM10K to RM20K?

Btw, there is no mention of free bag for Titanium Card who upgrade to World Card.

Unless you travel a lot and use the Plaza Premium Lounge, there is simply no way that the incremental 0.2% is worth the Annual Fee of RM388.

Makes no sense, other that for boasting rights.

OCBC is still useful for big ticket items save for

Petrol
Telco
Utilities
Pharmacy

cos UOB only gives 0.3% unlimited for others.

Just to digress further, OCBC also offers the following Cards

Name of Card / Rebate % / Annual Fee / Additional Special Feature

OCBC Gold - Rebates of 0.20% unlimited / RM38

OCBC Platinum / Rebate of 0.50% / RM188 / Auto Easy Payment Plan for big purchase

now compare against the Titanium

OCBC Titanium / Rebate of 1.0% unlimited / Zero Annual Fee

Why would anyone in their right mind want to apply for the above 2-other cards and why would OCBC Still want to offer such an inferior card?

This post has been edited by cfa28: Dec 12 2013, 04:55 PM

For your auto billing, aren't you better off with OCBC as it offers unlimited 1%.

My understanding was that Maybank2Card USP is 5% on weekends with rebates capped at RM50 per month.

A separate explanation Letter will be send. I have received the Letter and I believe a copy has been scanned in some of the earlier pages.

1. Yes - you must inform all your service providers to charge to new card

2. If you cancel your current card, your service providers will NOT be able to charge the amount to the Card. Your amoutn will be considered as unpaid and will remain outstanding in the next month billing cycle.

You mean by walking in to the counter and pay - then yes.

You should need to do both

1) Inform streamyX / Celcom to stop auto billing as they will continue to charge to your OCBC

2) Pay Manually

But since you are paying Manually, it may not matter but their system will continue to charge to invalid card.

Unfortunately I cannot view Blogs at work but will definitely check out what u wrote at home.

Noted that you wrote that for ppl who spend RM5K a month, the best card is the Alliance Platinium as it offers RM68 in Cash Back (based on their tier system) which is higher that RM50 for Titanium or RM60 for the World Card. Of course, the drawback of the World Card is the high Annual Fee.

What do you think of ppl who spend RM5K to split into 2 Cards, RM1,666 for AEON Watami (so every quarter about RM5K for Cash Back of RM150) for monthly Cash Back of RM50 per month and charge RM3,333 to Titanium for Cash Back of Rm33.33

The total effective monthly Cash Back will be RM83.33. of course, AEON Watami only pays the CB every quarter. Both Cards offer free Annual Fee. Under this way, the incremental CB every month is RM83 - RM68 or about RM15 a month or RM180 a year. After less of RM50 for GST, the incremental is still RM130.

But another drawback is neither card offers free entry to the Airport Lounge.


This post has been edited by cfa28: Dec 17 2013, 01:36 PM

Hey, you're right.

But just that this OCBC is still attractive for big ticket items > RM5K.

Looks like I should also apply for Alliance Platinium and just use my OCBC for one off items.

Thanks Sifu, forgot that the Alliance still has reward points compared to OCBC.

I cannot find the Reward Points that Alliance Bank offers that you were talking about in your Blog, you said RM5K spendings = 60,000 reward points but the Alliance website only mentions that 2x reward points for overseas spending.

So, this means that local spending can get 1 reward point for every RM1?



This post has been edited by cfa28: Dec 17 2013, 02:56 PM

Send your latest updated Salary Slip.

If you have swiped quite a good amount and always paid in full, calling in may do the trick.

But some Banks, esp the foreign ones always ask for proof. My CL for Citibank was very low cos I applied like 15-years ago. I asked them to increase CL before but they asked for Salary Slip, BE Form, etc.

Was too lazy to provide but when I applied for new cards, I did give the latest info, so my other CC CL was very much higher than my Citibank CC

Hi Sifu. just wanted to add that if someone spends say RM1,667 per month using the AEON Watami Card, annually it would be RM20,000. You can still use the 20,000 points to redeem up to RM80 in AEON Cash Vouchers. Would this change the equation cos from my own calculation using AEON Watami (RM1,667) and Alliance (RM3,667) is higher than charging RM5K to just the Alliance.

Just wanted to share with you the face of the guy who signed off on the recent Love Letter that we received from OCBC

http://www.ocbc.com.my/assets/pdf/Media/20.../OCBC_Cards.pdf

http://www.theborneopost.com/2013/12/05/oc...s-on-all-items/

Its funny, he says that he wants OCBC to be the favourite 'Number 2' card for every MY.

Why No. 2 and not number 1. The OCBC Titanium was my Number 1 card and I have charged all my expenses (save for Petrol).

Now, I am not going to charge anything save for one off annual items. That also, I am rethinking as even Alliance with the combined Cash Back and Reward Points gives higher effective returns of 1%.

If I keep the Titanium, my net returns from the Card is probably going to be less than RM50 per year (after GST).

This post has been edited by cfa28: Dec 18 2013, 03:43 PM

This would normally be those savings plans / investment linked. If you buy for yourself and your kids, typically between RM300 to RM500 per person, hitting RM1,500 to RM1,600 is not difficult to achieve

OCBC giving unlimited cash rebate 1.2% for the World Mastercard is only good if u have very BIG one off purchases in addition to heavy regular monthly spending.

Say RM5K spending, OCBC Titanium = 1.0% Cash Back or RM50 and World Card = 1.2% Cash Back or RM60

If you charge the same amount to Alliance Platinum, you'll get Cash Back of RM68 plus can redeem Cash Vouchers of RM20 for total cash value of RM88.

But say, if u charge RM10K to the World Card, your Cash Back is RM120

If u charge to Alliance, your Cash Back is capped at RM68 + Cash Vouchers of RM41 for total cash value of only RM109.

hmm have bills to hide from the Mrs? I remember that I was asked this Option when I first applied and I said no. Best way to find out is to call CS.

Another way is to request for bills to be send to office. I know many ppl who do this. The card also kept in office.

This post has been edited by cfa28: Dec 20 2013, 12:55 PM

I think for first year, you have GST Waiver. Just keep the card until GST Anniversary Date