For those who are interested to pledge FD;

Kindly be informed that, you may apply Maybank Credit Cards by pledging Fixed Deposits.
If you have already have an existing Fixed Deposit, you may send the Credit Card application together with the Fixed Deposit certificate and please attach a letter to indicate your interest to apply Maybank Credit Card by pledging Fixed Deposit and the amount that you would like to pledge. Once the application received and process, the processing unit would send out a letter to inform whether they agreeable to the amount that you are interested or they would suggest a new amount to pledge.

If you do not have any existing Fixed Deposit, you may send the Credit Card application with a letter to indicate your interest to apply Maybank Credit Card via pledging Fixed Deposit. Once the application received and process, the processing unit would send out a letter to inform the amount of Fixed Deposit that you need open at any Maybank branch in order to pledge with the credit cards.

However, the credit decisions are still made based on our Bank's credit assessment.

No restriction but bank is all about risk, when you hold so many CC it also meant that risk is higher?

Just wonder if you hold any Maybank CC in one of your 8 / 9 cards?

This is weird, with your extensive use on Plat they should have granted you the Premier by pledging FD

personal experience? PBB VS already asking for 30k

read SIA business / first class seat for redemption via loyalty program is rather limited, anyone frequent flyer with SIA here?

Thanks for sharing, at least this card doesn't go into the useless category if MAS decided to 'revamp' Enrich

2-3 weeks to process if you ask for pledging FD, man i can't wait to try out 50% dining at shang-rila

Hi,

What is the point for destinations like? Any specific promo they run for utilizing the points?

Availability issue?

if you want a higher cl, i suggest you jump ahead and place the amount you desired in fd first. then offer to pledge that fd to get the card.

with all the information posted here i think it is easy to figure out what is the amount they normally required.

if you ask and wait, the branch will only follow what is stated in the letter. by then if you want a higher cl or willing to pledge more, branch will tell you that they are unable to advise.

This post has been edited by bearbear: Oct 13 2014, 06:40 PM

thanks for sharing, didn't knew they are so rigid with it.

likewise what i did was the waiting game, i wanted to pledge more at branch but the officer says she is not sure i am allowed to pledge more than what is stated in the letter and ask me to refer to the card processing unit instead.

as i do not have luxury of time i went ahead with amount in the letter, extra CL would be nice especially they offer 0% BT now

This post has been edited by bearbear: Oct 15 2014, 06:14 PM

and i was made to wait for an hour at mbb before anyone actually entertained me. everyone that came after me has been called up. despite me questioning why i was made to wait so long.

anyway when i think of the EM conversion and 50% dining. what the heck, it is all worth it lol

well at least with mbb there is still a guide or way to pledge via fd. try with pbb, will vomit blood. the cs at branch told me stamp duty is 0.5% of your requested CL.

This post has been edited by bearbear: Oct 15 2014, 11:28 PM

just curious, how long does it take for them to process after you pledge fd and sign the doc?

it has been a week and i dont hear or see anything.

finally the card number show up in M2U 17 days after i pledge FD

i think this has been shared quite frequently by a few members.

if you are current M2K Gold/Plat holder, they will offer you a default 30k credit limit. You would have to pledge (30k - your current M2K CL) = RM X.

MBB will keep your FD cert, you cannot withdraw as long as your card is active.

In the event you run away or go missing, they use your FD to pay outstanding.

yes but technically 3 as m2c master or visa are useless.

obviously if you have 30k CL or near to it then it is worth the hassle to apply without fd?

someone did share that he managed to apply without pledging fd with 30k CL on his plat and income below 180k

any champagne for celebrating the best card in the world?

claim it from MAS on one of your business class flight