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 Maybank 2 Cards Premier, Fastest Air Miles Conversion

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bearbear
post Nov 8 2014, 09:07 AM

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QUOTE(cfa28 @ Nov 8 2014, 03:43 AM)
Bro gen,-x, u have explained well. Just that since I don't travel much and don't even have enrich membership. It's alien to me.

In your example, if I spent RM62K using OCBC with 1% CB, it's clear cut, I get RM620

If I use the AMEX 2 CARD, using get 5x RP which is equivalent to 2% in cash vouchers. I get RM1,240

But if I convert into Enrich for Biz Class Return, how much in cash savings is that for peak travel and non peak travel.

U also mentioned, for families, better to buy economy class and then use the enrich to upgrade to biz class. Again, how much savings is that in terms of hard cash.

For non seasoned travelers, enrich is a bit alien.
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1. depend on where you travel to
2. you can use promo or full fare to compare, one of the advantage with MAS is that they don't really limit the number of seats for enrich redemption so you can book real late and yet able to secure a seat. Unless you book during special promo.
3. If you dig through gen-x blog, I think in some situation it work out to be 20+% rebate. I recently calculated my intended booking and its about 10+% rebate redeeming a non promo business class seat.

The whole point is that I would not have thought of travelling in business class I.e. forking out thousands or even tens of thousand for one of these seat but with the conversion from cc (sacrificing cash rebate), we are able to do so.


bearbear
post Nov 9 2014, 07:37 PM

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1.5 weeks the card has show up on m2u, still haven't receive it.
bearbear
post Nov 10 2014, 11:42 PM

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QUOTE(BlueBath @ Nov 10 2014, 11:17 PM)
...... my Maybank experience is just fantastic ! Step in Maybank first time in my life. Opened a savings account. Pledged 30K FD. Applied for Maybank 2 Cards Premier through Senior RM [ just signed the application ]. She called after 3 working days. Received Both cards. Activated within 3 minutes......... started using my 1st Credit Cards @ Malaysia ......  thumbup.gif
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nearly throw my phone reading this doh.gif
bearbear
post Nov 14 2014, 08:58 AM

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finally received mine, its "Maybank" instead of "Maybankard"
bearbear
post Nov 15 2014, 03:17 PM

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my first swipe of VI

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bearbear
post Nov 15 2014, 04:48 PM

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QUOTE(victorywp @ Nov 15 2014, 03:28 PM)
how much is that?
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PPL so foc?

I didn't want to visit but when I am on my way to car park I saw Thai Odyssey and thinking why not since I skip lunch.

choice is super limited and small. not a chance I will pay for this crap lol
bearbear
post Nov 15 2014, 05:21 PM

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QUOTE(kinabalu @ Nov 15 2014, 05:07 PM)
How come the food look so sad one sad.gif
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it is sad, I see also no appetite.

I guess better go try spa wellness, seems like its the best choice
bearbear
post Nov 18 2014, 12:02 PM

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any idea how long they will take to credit the activation bonus TP? (20k for principal?)
bearbear
post Nov 23 2014, 03:33 AM

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Submitted my form for priority pass last Saturday to one u card center, received the card on Friday.

The count for annually entry of 5 is based on year or the anniversary of the priority pass?
bearbear
post Nov 25 2014, 11:09 PM

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Guys,VI or AR better bet for SGD?
bearbear
post Nov 26 2014, 12:22 PM

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QUOTE(rjb123 @ Nov 26 2014, 11:41 AM)
For me AR always works out as a better rate compared to VI for the transactions I checked.

My cards are due to expire on 01/15 so now need to wait for replacements. In the meantime Maybank is blocking all my online transactions and I have to call each time to unblock temporarily  doh.gif
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man so fast 1 year? luckily even though i pledge fd (topping up) they gave me 3 years validity tongue.gif
bearbear
post Nov 27 2014, 09:24 PM

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Guys for foreign currency transation, I used VI and the merchant copy allow me to tick either SGD or MYR. The customer copy show SGD. But SMS alert show transaction made in MYR at a ridiculous exchange rate. I called MBB on the spot and they ask me to request for merchant to void and try again. Then same thing happen.

Is this normal? They will recorrect the amount based on the slip or what?
bearbear
post Nov 28 2014, 04:19 PM

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crap, is there anyway to dispute this?

Does this mean it doesn't matter what the sales people do, it will automatically be a DCC transaction because the shop has 'sign up' for such package?

On the merchant slip there is an option to tick either MYR or SGD, similar to the link Wongchoy has shown.

After they cancel the first transaction, I specifically ask them to choose SGD but again the SMS came it is in MYR.
bearbear
post Nov 28 2014, 04:50 PM

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I have similar experience in airport, choose foreign currency and all good. May be the merchant playing trick choosing MYR as it is advantage to them vmad.gif
bearbear
post Nov 28 2014, 05:18 PM

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QUOTE(Wongchoy @ Nov 28 2014, 05:03 PM)
If you dispute the charges because of DCC , most probably we will fail. Those approval slip where you tick either MYR or SGD does little effect because the authorisation is done thru a DCC acquire hence bypass the traditional method.
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cut long story short, if the shop is engaged in DCC it doesn't really matter what we do. Correct?
bearbear
post Nov 30 2014, 01:48 PM

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Guys, an update on my case.

I can see now in my M2u the transaction was made in SGD. So apparently the shop was honest about it and somehow the SMS system capture it as DCC transaction but in my M2u it is captured as SGD and converted at a lower rate.

Been charged 2.39% on my VI for SGD transaction.

Visa rate: 2.5834

Rate charged: 2.6451
bearbear
post Nov 30 2014, 04:08 PM

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QUOTE(DRBS @ Nov 30 2014, 03:53 PM)
So does that mean that if I use my Malaysian cards overseas, as long as they do not charge me in RM but in their local currency, things should be safe?
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It should be, my case was a little different as the shop choose SGD but SMS came instantly notifying transaction made in MYR.

May be the slip where I tick SGD, I am not sure but need to be very aware.
bearbear
post Dec 3 2014, 03:12 PM

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QUOTE(maskedchan @ Dec 3 2014, 02:12 PM)
now RM are weakening..CC charge so high nowadays..
been charged 2.6835 for transaction in SGD using VI..
using Amex AR would give better rate for now..
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Lucky i made my purchase last week, 2.6451 sweat.gif
bearbear
post Dec 3 2014, 10:43 PM

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QUOTE(highcourt @ Dec 3 2014, 07:39 PM)
May I know is it better(cheaper) to use cash instead of credit cards? i.e. is the savings in exchange rate by using cash more than the points value one can collect from using VI or AR overseas?
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question; is the miles worth paying 2.5% for it?

say RM 10k equivalent to RM250 extra for 11k miles.
bearbear
post Dec 6 2014, 09:59 AM

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QUOTE(raist86 @ Dec 5 2014, 11:19 AM)
sorry typo on annual usage of 6k. It's 60k. Depending on time, may even exceed up to 100k cos of company expenses (flight tickets & etc).

Thanks for the advice. Will submit application to the card center in Gardens.
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my experience diff a little, i went to 1U card center and the staff told me it has nothing to do with them as you need to pledge FD with a branch.

My experience (if you are ok with default 30k credit limit)

1. Write a letter to MBB, send by e-mail stating your willingness to pledge fd and ask them to advise how much to pledge
2. Wait for an official letter from MBB mail to your address
3. Bring the letter to a branch, pledge FD and pay RM10

Worse case just cancel it if they refuse to waive. 60k you already earn 67 Enrich Miles for free. Assuming you get 5xTP for the full 60k.

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