OCBC Titanium CC has been removed from OCBC Websire already.

Looks like its Good Bye to OCBC. It was a good CC, 5% rebate on Petrol, Restaurant, Telco.

http://ocbc.com.my/personal-banking/Cards/index.html
Perhaps someone can call OCBC and ask how much longer the Titanium Card features will be maintained

Updated - at 7.00 pm

Okay - I just called up OCBC to threaten to cancel my Titanium Card if the Card / Benefits are discontinued and I was told that OCBC is doing a special launch of theie Platinum Card which offers unlimited 0.50% rebate on all retail spending. Hence, for those who spend a lot, its better than the Titanium.

The Titanium Card will still continue as per normal and will be re-sold after the special promotion for the Platinum ends in end-Nov 2013

Have stressed to the CS to inform OCBC Management that there will be MANY cancellations if the Titanium Benefits are reduced.

Sekian Terima Kasih

just received letter from OCBC in the mail rejecting my application =(.
bugger MBB2 took 1 hour to approve mine and they took 2 weeks to reject...

looking at the sample appeal letter on the first page, i should go get my CCRIS report from BNM first?

and how did people who've gone through this do it? submit the appeal letter to the branch or something?

you mean using this link https://internet.ocbc.com.my/OCBCInfoMgmt/c...rsonal_new.aspx to contact them?
giving all the details like IC number? meaning i won't be attach any report etc.

the first year I joined. OCBC send me an Annual Statement but in 2-nd year, no more Annual Statement Probably cost them more to send such statements.
From a CC Company perspective, a Points System vs Cash Rebate system, a Cash Rebate is more costly cos

1) Cash Rebate is immediate payment
2) Some card holders forget to redeem and some points expire
3) Many Points System - the actual value is low cos the CC company has special arrangements, etc

But a Cash Rebate encourages ppl to spend more. But still the MDR to the CC Company vs Cash Rebate to card holder, I dare to say that >  70% of Card Members get more rebates that was OCBC earns in MDR.

So, what is OCBC earning,  Simple, they hope that you overspend and cannot pay in full so they can charge you 15% interest rate.  This 15% interest rate may be enough to enough to cover the 5% cash rebate if there are enough of what they called 'revolvers', people who only can pay minimum or slightly above minimum.

CC Company hate transactors, ppl who pay in full.  CC Company will lose money if they are more Transactors compared to Revolvers.  So, if you guys want OCBC to continue this great Card, don't pay in full. Just revolve your monthly account.

Has anyone done a Poll of Transactors vs Revolvers in LYN?

can i know where is the rumor start from?
any hints?