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 Maybank 2 Cards Premier, Fastest Air Miles Conversion

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Phelddagriff
post Feb 19 2014, 11:56 AM

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QUOTE(Alec.Yong @ Feb 19 2014, 11:47 AM)
Yup, it does have the standard features of VI. As for MU VI, 5x TP for petrol and groceries. When MU win aslo can get 5x TP... Hehe..
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Yes, but that would mean annual fees of RM1,600 per year. Unless spending RM130,000, exactly spread over the two cards, is not a problem for you...
victorywp
post Feb 19 2014, 12:12 PM

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minimum rm80k per annum for second year annual fee waiver?

if i sign up this cc, i would have to terminate ALL my other cc in order to achieve the minimum rm80k per annum.
this cc is definitely not for me.
bearbear
post Feb 19 2014, 12:15 PM

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sorry which part of this card is better than infinite vi?

1. Amex has higher exchange rate
2. 80k vs 50k for waiver

i don't see the benefit of this product at all, weird product to be introduced.
ronnie
post Feb 19 2014, 12:38 PM

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Why do they call it "Maybank 2" ??
rjb123
post Feb 19 2014, 12:38 PM

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QUOTE(bearbear @ Feb 19 2014, 12:15 PM)
sorry which part of this card is better than infinite vi?

1. Amex has higher exchange rate
2. 80k vs 50k for waiver

i don't see the benefit of this product at all, weird product to be introduced.
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5 x TP on Amex local spend , with same redemption ratio as VI : 4500 TP for 1000 Enrich (7000 for other cards, apart from WMC)

So best combo for Enrich redemption is Amex for local, Visa for foreign 5x TP

I guess it makes sense for the waiver to be a bit higher as there's a second card involved (transactions I'd normally put on the standard MBB2 Amex)

Also slightly unrelated to this card - it looks like Maybank has reduced eligibility to 180K from 240K for WMC (I'm sure it was 240K last time I checked)
rjb123
post Feb 19 2014, 12:39 PM

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QUOTE(ronnie @ Feb 19 2014, 12:38 PM)
Why do they call it "Maybank 2" ??
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Apparently you get the Amex and VI together. Although the website doesn't make that clear - it just mentions "both cards"

TSAlec.Yong
post Feb 19 2014, 12:53 PM

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QUOTE(ronnie @ Feb 19 2014, 12:38 PM)
Why do they call it "Maybank 2" ??
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MBB has renamed all the 'Maybankard' to 'Maybank' on its cards...

Named it as 'Maybank 2', as it comes with 2 cards in one application...
TSAlec.Yong
post Feb 19 2014, 12:56 PM

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QUOTE(Phelddagriff @ Feb 19 2014, 11:56 AM)
Yes, but that would mean annual fees of RM1,600 per year. Unless spending RM130,000, exactly spread over the two cards, is not a problem for you...
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How do you know it's not a problem for me to spend so much? smile.gif

If need to maintain all these cards, Reserve Amex, MU VI and WMC, need to spend RM250,000 per annum...
hiansitt
post Feb 19 2014, 02:05 PM

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isn't it amex platinum cc is better in term of benefit for the rm800 annual fee?
digitalcode
post Feb 19 2014, 02:11 PM

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If I have 45,000 TP now, and I apply this card. Can I redeem 10,000 Enrich miles once the card is approved? wink.gif
rjb123
post Feb 19 2014, 02:13 PM

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QUOTE(digitalcode @ Feb 19 2014, 02:11 PM)
If I have 45,000 TP now, and I apply this card. Can I redeem 10,000 Enrich miles once the card is approved? wink.gif
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What card are the 45000 TP under?

Only using your VI / this new premier card points can redeem 1000 Enrich @ 4500

eg. if I have 70,000 points on my current MBB2 Amex but also hold, I can only redeem 10K Enrich for those - not at the VI ratio.


digitalcode
post Feb 19 2014, 05:33 PM

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I see. So Maybank will actually track which TP was earned under which card to determine redemption of Enrich miles... dang.
Berkshire Breakaway
post Feb 19 2014, 06:02 PM

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QUOTE(David83 @ Feb 18 2014, 09:29 PM)
What is so great about this card by the way?

Somemore needs minimum annual income of RM180,000
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this card has the same requirements as VISA Infinite
and yet it is soooo much inferior

Berkshire's verdict, this card is a pile of crap

@secret@
post Feb 20 2014, 12:41 PM

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Maybank has gotta be proud with this.
Amex tends to get us higher loyalty points, but most merchants out there either reject to take it or extra 2/3% charge on txn.

When will Malaysia's credit card business realize there shall be true travel card for everyone? Or at least target middle/middle up income people

A card with one or more of the following features:
-ZERO admin charge on foreign txn
-Lower airmile conversion
-Hotel co-branded card for free nights
-Frequent promo on travel products
maskedchan
post Feb 20 2014, 03:59 PM

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QUOTE(@secret@ @ Feb 20 2014, 12:41 PM)
Maybank has gotta be proud with this.
Amex tends to get us higher loyalty points, but most merchants out there either reject to take it or extra 2/3% charge on txn.

When will Malaysia's credit card business realize there shall be true travel card for everyone? Or at least target middle/middle up income people

A card with one or more of the following features:
-ZERO admin charge on foreign txn
-Lower airmile conversion
-Hotel co-branded card for free nights
-Frequent promo on travel products

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if that the case..then what does the bank earning come from since everything is free to customer?
TSAlec.Yong
post Feb 20 2014, 04:00 PM

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QUOTE(maskedchan @ Feb 20 2014, 03:59 PM)
if that the case..then what does the bank earning come from since everything is free to customer?
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Earn from the merchants?
Dozz
post Feb 20 2014, 04:19 PM

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Just called Maybank AMEX customer service, they told me this cards will launch second week of March 2014. I will convert my existing VI and Maybank 3 platinum cards into this Maybank 2 Premier.

maskedchan
post Feb 20 2014, 04:22 PM

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QUOTE(Alec.Yong @ Feb 20 2014, 04:00 PM)
Earn from the merchants?
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does that enough to cover up the freebies they hand to customer and make a handsome profit?
TSAlec.Yong
post Feb 20 2014, 04:35 PM

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QUOTE(Dozz @ Feb 20 2014, 04:19 PM)
Just called Maybank AMEX customer service, they told me this cards will launch second week of March 2014. I will convert my existing VI and Maybank 3 platinum cards into this Maybank 2 Premier.
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Second week of March? Official launching?
TSAlec.Yong
post Feb 20 2014, 04:37 PM

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QUOTE(maskedchan @ Feb 20 2014, 04:22 PM)
does that enough to cover up the freebies they hand to customer and make a handsome profit?
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Any banker can help to answer this? wink.gif

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