have you found a replacement for this cc?

I had applied Citi Cash Back Platinum Card.
I had projected my usage in the excel sheet and found that i gain RM7 cash back permonth if i switch to this new card.

means even lower than your ocbc rm8.90? then why switch?

service tax approaching ?

i gain RM7 bro so now monthly i will gain 8.90+7 =RM15.90



you need to swipe 3 times in 60days to have it waive..

oh ok u just applied, i thought it would have been your 2nd year

He left out the word "more" after the RM7.

This post has been edited by kelvinlzy: May 19 2014, 07:42 PM

The word 'gain' already means more...

Just called to terminate mine just now. BTW, the CS officer is very courteous and helpful. BTW, a very bad choice from OCBC to revoke the 5% cashbak or else even halve of it should be still worthwhile to keep.

from what i heard, a new C-level or Director joined OCBC (supposedly from HLB) and reduced the cashback quantum (5%).

why not that new director from hlb increase the cashback to 10% (or higher) to compete with hlb?

want to perform lor, reduce outgoing money to customer, so give him/her a credit for money-saving initiative.

very typical for any new mgmt level ppl joining a company. they'll do something drastic/different to prove his/her ability to help company save money.

also typical for most cardmembers. they dont really compare with other cards, so just use OCBC's without realizing there are better cards out there. of course, some will benefit from this Unlimited 1% cashback but considering our economy health (and high cost-of-living), they dont really care to help us reducing spending . the blame will be shifted to end-users for not taking care of their spending.

in the end, we're suckers and banks are just providing credit facility.

p/s: I was one of the sucker earlier on without realizing Amex's cashback benefits (i've been charging to Visa for few months! )

Should I wait for the next bill cycle to cancel the card or can I cancel now if I settled the current bill?

you can cancel at anytime once you have settled all outstanding balance.

Is up to you whether you want to cancel now or later, but the next statement will be your final statement if you cancel now and your card will be inactive immediately.

Ok. Thanks for the info.

Just called to cancel stating due to the 1% cashback. It sounds like CS have been hearing of the same reason too many times.

yeah, now they are targeting big spenders only.

i just cut this card!

time for new thread

oh i forgot, do we need one

u call to cs to cancel or go to branch and then cut the card into 2 ?