All swipes (inc those you listed) with OCBC World MasterCard will get 1.2% rebate

For the lack of a better alternative, I have no choice but to keep this OCBC card

lol, so considerate
but i still wan my max RM50 just like b4

mr chow should be sacked from the increase in card cancellation which means his points are way off what we actually need.

that letter is so confusing (or that, I am dumb).

it fails to explain the alleged benefits that the new card has.

so my qs are:
1. does that mean we will be entitled to RM50 for 5% and 1% unlimited?
2. do we need to call for an upgrade or it is an automatic thing

read again?

alot of them are calling into their hotline now esp in credit card department.

bear in mind guys, the fees charges stated as below.

No annual fee for the first year

Principal card: RM388 per annum

Supplementary card: RM188 per annum

this is what you call corporate drivel... in Malaysian terms:

Saya putar Halim!!!

i also called to their hotline. the only thing holding me back from upgrading is in the future, the annual fee cannot be waived.

Would that 0.2% cover the annual fee? Yes if you are big spender.
Any mention of AF waiver if spent over 10,000 on existing Titanium card?

This post has been edited by shawnk: Dec 11 2013, 11:29 AM

There is no Annual Fee anymore on the Titanium card, however they've also lifted the spend rm10k and rebate Government tax rm50 portion

how about 2nd year annual fee? any condition to waive it for 2nd year?

i dont think so. thats why they willing to give that high of AF

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.

that's why if just for the 0.2% does not bring any significant difference if you just spend RM100k/year.

THIS is my main concern.

If u upgrade to the World, its going to be a one year thing, that kinda annual fees is ridiculous. The 0.2% is miniscule when compared to the RM388 annual fee.

This is another concern.

I'm turning this card into a niche card, for specific use only, day to day usage this is pure crap.

Time to cancel my wife's supp.

Just checked with OCBC call centre myself.

For OCBC Titanium card
- Confirmed that AF will be free for life.
- No waiving of GST or RM50 rebate annually, regardless how much you spend per year

For World Mastercard
- RM 388 AF for second year onwards since first year is waived
- AF and GST can't be waived, regardless how much you spent annually.
- With 0.2%, one has to spend RM194,000 just to get back rebate of RM 388 to cover the AF.

Summary: Better to stick with OCBC Titanium card if you are a die hard OCBC fan. There's plenty of equivalent CC around the market with unlimited 1% rebate, not to mention with evergreen point system no?

Time to hunt for a better card. Anyone can recommend one?

good advice! I wont upgrade just to get that silly 0.2% extra!!!!!
Tell OCBC go to hell that upgrade.