smells like some bad news here...

hopefully...
at first, standard chartered ended all their cash rebates & other benefits, then uob changed their terms & conditions on annual fee, now ocbc titanium...
so only left maybank 2 cards...???

This post has been edited by victorywp: Oct 23 2013, 05:50 PM

even uob one platinum is changing their requirement now... need to spend 36k or 60k annually (depending on your card type) in order to waive the annual fee (not gov tax).

yes, but 5 times a month can be easily achieved if you go to buy something around rm10 per time at tesco/giant/other hypermarket for 5 times a month.
if you don't mind the cashier will look at you one kind, you can try rm5 per time too!

but for the platinum, spending 36k or 60k per month means we are spending all that we earn annually. that's CRAZY!!!

This post has been edited by victorywp: Oct 24 2013, 11:21 AM

for sure, i think... there is no point for ocbc to print new design of brochures less the benefits...
maybe you should ask whether the brochure advertising 10% cash back instead?

if they change from 5% to 1%, i hope that they will lift up the current maximum rebate capped from RM50 to unlimited..

at least you can use it to pay for your insurance policies or other normal huge expenses (maybe education, furnitures, etc.) to get the 1%.

uob one card platinum and citibank cash back platinum has no difference too but they still can compete in their own way.
for example, both has the same rebate for petrol 5%, groceries 2 %, pharmaceutical 2%, telecommunication 2%, and others 0.3%.
but uob has more users for bhp (additional 2% smart$) while citibank for cinemas (buy 1 free 1).
and uob doesn't need to wait to accumulate minimum rm50 in order to receive the cash back unlike citibank.

so, it just depends on how they provide additional value on top of their card's basic features.

i think you should be happy if you were still able to sign up for this card from their website, not to mention whether there is any free gift.

This post has been edited by victorywp: Oct 31 2013, 01:29 AM

since ocbc no longer accept new application and removed the card from their website.

i think they did it on purpose. they put back the card into their website (to stop us from questioning them) but they still won't allow new application.

that's a good news. all the best to you!

oh really? i was not aware of such rules because i applied through their website last time.

you mean something like max rebate for dining is rm10 + groceries rm10 + bills rm10 + petrol rm10 + others rm10 = total rm50 max rebate?
sounds like a good idea for a win-win situation...

This post has been edited by victorywp: Nov 5 2013, 02:35 PM

as per mentioned before, ocbc may be suffering from huge loss due to the smart users like us who stopped using after reaching rm50 rebate and paying the full amount of our cc statement.
like most of other banks did, ocbc can just terminate the features/benefits of the card or reduce the rebate down from 5% or reduce the max capped value down from rm50.
however, with the insider's information like this, means that ocbc chose to maintain the same benefits of 5% and max capped of rm50, but only with small changes to improve members cc usage equally in all categories... in which i think is a win-win situation for both parties. at least the users still get the 5% and not lower...

This post has been edited by victorywp: Nov 5 2013, 05:34 PM

yes, that's one of the strategy to minimise their loss (if the insider news is true).
most people will not be able to get the max of rm50.

also it will be hard for one to control/limit your expenses in each category when each category has its own max rebate, so one will ended up overspent in the categories and ocbc can once again minimise their loss from there.

yeah, although the card may not be as good as before, but i think such changes still considered as fair towards us users.

anyway, it's still too early for us to comment now because we can't be sure whether the insider news is true...

yeah, you may need to wait until further notice...

on top of that, you will get additional rm2 monthly rebate from unifi for subscribing to autopay.

good to hear that! congratulations!
hopefully the benefits of this card would be maintained so that we all may still continue to benefit from it.