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Credit Cards OCBC Titanium MasterCard Cash-Back v4, From 29-Nov, unlimited 1% cashback only

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andyfriends
post Dec 11 2013, 10:39 AM

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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
andyfriends
post Dec 11 2013, 03:19 PM

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QUOTE(shawnk @ Dec 11 2013, 01:21 PM)
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?
*
so sticking to Tit, we are still entitled to the normal benefits except the GST or RM50 rebate?

world master, do we get 5% on petrol or all is considered 1.2%
andyfriends
post Dec 11 2013, 03:45 PM

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QUOTE(shawnk @ Dec 11 2013, 03:26 PM)
All OCBC Tit now only gives 1% for any retail spending and unlimited. No longer have 5% rebate for petrol.
For World Mastercard, it's 1.2% for any retail spending and unlimited. Don't have 5% rebate for petrol.
*
hmm
mb is time to cut the card.


andyfriends
post Dec 12 2013, 10:26 AM

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i think if at all i retain this card, would be to use it for insurance premium payments.

petrol will stick to MBB 2 card which i normally use during weekend and groceries shopping too.

OCBC lost the best card cc to MBB 2 card ady.

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