really? no more 5%? haiz.....if 1% then we have to consider other cards

bad news for all the OCBC Tit user...but just keep it as backup card for 1% unlimited cash back...same with HL essential card.

OCBC is smart..
Maybe they found that they cant earn much from old cash back benefit.
As we know, merchants are paying around 1.8% to bank for each swipe, so by giving unlimited 1%, they are earning 0.8% for every swipe.
For old benefit, they are losing 3.2% for some category, and earn back if customer swipe more than 1k (Cap 50/month).
I think they already expect will lost some customer, but they surely calculate and estimate before make this big changes.
Maybe next few months when they compare their Titanium Card earning report with previous 5% benefit, found out that they earn less than that, then their management only will do something. So what we can do now is, after 29-nov, find other replacement card, reduce OCBC card usage, reduce their profit.

This post has been edited by red_scorpion: Nov 12 2013, 02:20 AM

haha, the news released for 3 weeks already...make it as a backup card also ok 1..same as HL essential

go to petronas in lebuh bukit jalil.. you come from sunway via ldp, after toll, turn left to lebuh bukit jalil, after the furniture row shop, you will see that petronas.
they are charging rm1 for every rm100 cc swipe

This post has been edited by red_scorpion: Nov 25 2013, 10:24 PM

my ocbc anniversary falls on december,few days more is the statement day, I will let you guys know whether there is GST bonus or not.
If no, surely I will screw them 99.. Spent 20-30k already, last month change t&c, then no more? really sien

This post has been edited by red_scorpion: Dec 5 2013, 01:11 AM

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

let me know whether you successfully offset the GST or not.
My anniversary is coming soon, and I also face this problem.
Tell them so unfair to us as our anniversary is fall on DEC which is within 1 month of 29Nov

thx bro for the info..i also just saw my unbill transaction has the RM50 gst despite i spent more than 20k..
gonna call them to fight for it

This post has been edited by red_scorpion: Dec 29 2013, 12:22 AM

a GST rebate is consider a good offer already. You can accept the offer and keep it as spare card. When you want to swipe big amount such as rm10k, OCBC can rebate you rm100.

WMC is not so good only, u get 1.2% rebate, but you have to pay high annual fee and GST. Maybe you can call in to request waiver of fees, but so troublesome to do that.

OCBC officer just called me and told me that my GST offset request has been approved by management. Hehe. After 2-3 times chasing, finally approved. He told me it is only for this time, next year you have to pay it =X

haha..i just told them is unfair for me as my anniversary is on 12th dec, which is just 2 weeks after 29th nov. I told them I clear all my statement on time and spent 20-30k per year. My tone is abit beh song when he told me we cannot waive it, then i told him why my fren manage to get it waive off last week? then he check and submit a request for me to their management.

that was 2 months ago..december time, for all GST charged on December, you might get the GST offset, as the new rule implement on 29th Nov is unfair for December CC holder. According to their CS, they only offset for this time, no more next year.

where to sell the detergent or groceries? sell it online? so tedious ..

shit..i m late..i have accepted their offer...i thought the rate is low, so just get the cash for backup purpose or invest more into stock market....

finally OCBC malaysia update their old UI look and feel. Give them sometimes to fix some minor bug. :-)

Hopefully they will launch mobile banking app soon.