what is ringgit plus?

truth is that fly126 seems to know about citibank cards more than citibank credit card staff

i just called citibank, the customer service officer is also not sure
she would revert to me by monday, would update the first post then

i just got my prestige card annual fees waived for the 3rd year (3rd consecutive time)

since this forum is for sharing i would not just flaunt about it i would also give some indirect hints (if i try to be too direct i might get into trouble)

this is what i did this year (last 2 years, of course i used different methods)

1) sign up for citigold, put in 200k (no need 250k)
2) pressure your RM for waiver which they will eventually say cannot
3) get indirect waiver. you still pay the 1k annual fees but you get about 1.5k introductory bonus on your citigold account. actually there is no such bonus - it is actually for your card
(you must ask your RM to also pressure to customer retention dept/product manager)
4) close you citigold account 3 months later

end results: RM 1.5k - RM1k annual fees = 0.5k angpow (not including returns for the 200k you invested in citigold products)

This post has been edited by Berkshire Breakaway: Apr 28 2015, 11:00 PM

yes, most of these investments obviously are not capital guaranteed. the same goes to UOB, maybank etc.
you can always choose something that is low risk. i am not sure if they allow timed deposit (FD) to be considered as AUM. then it is zero risk.

citibank malaysia does not have its own insurance arm
example: maybanlife or etiqa for maybank
so they they partner with few insurance companies and the main one appears to be AIA
for example, if you apply for a citibank home loan they might propose to get home owner's insurance from AIA

i don't think they are allowed to legally sell your contacts
it is more likely their own sales people

This post has been edited by Berkshire Breakaway: Apr 29 2015, 12:21 PM

enjoy while it lasts

i heard from some credit card agents lately that even their commissions have been cut
those days, platinum gives you RM100 comissions

This post has been edited by Berkshire Breakaway: Apr 29 2015, 02:22 PM

correct. assuming you are with chinese tea or boh tea.
with gee-ass tea it is RM 2.12 for instant IBG and 11 cents for GIRO

thanks for the quick highlight
updated first page

how did you spend in the last year?

(happy 2000th post)

This post has been edited by Berkshire Breakaway: May 9 2015, 03:32 PM

that is simply weird
did you ask why? annual fee waiver is not a promotion.

80k for premiermiles should be enough
if i were you i would simply cancel the card

did call again? maybe the guy was having his period or his gf dumped him (excuse the sarcasm)
you don't need to be super polite as long as you're not rude
you are not going on a date. it is consumer banking.

or i suspect maybe something is special about your case.
80k for premier miles should not be a problem at all.

This post has been edited by Berkshire Breakaway: May 9 2015, 04:16 PM

thanks for your sharing your field report. really can't figure out why. maybe other members can comment.

thank god i only have only one card with citibank and got a waiver last month
i may not be so lucky next year

i think you don't use your card often or not enough payment behaviour in the last 6 months.
maybank might have given you perhaps because your salary goes in there?

i don't think it has anything directly to do with MNC or non MNC
i don't think they discriminate that way.
FYI if i open a chinaman company in Singapore and a branch in KL, technically it is MNC also.
it depends on the company. they tend prefer companies that are reputable (which includes many MNCs)
this is true for CIMB as well since I have worked there before.
imagine....anyone can open a sdn bhd and hire staff these days.
so if you work for a small firm it is not so favorable from risk assessment perspective
so maybe that's why

why don't you screw maybank instead for not getting you cinema tickes and coffee?
for maybank try to aim for visa signature at least (if you cannot get visa infinite or world master card)

Biggest con ever. 600 ringgit is worth 180 000 points last time. Now even that no more as points encashment rates have changed. Please refer to the first post.

yes citibank is becoming a joke

you are right. i experienced the same

some agents saying getting a higher card just to get a higher limit is usually a hoax
agents only wanna get you a higher card due to commissions.

"salary based income is 3X of basic" is wrong
my credit limit is about 236k
does that mean i earn 78k month?
hell no!

This post has been edited by Berkshire Breakaway: May 18 2015, 10:02 AM

still got 2 of my colleagues got it last week
our contact is miss chew from customer retention department, credit card unit

Just spoke to an ex colleague who is now at citibank. They said waiver is there. Just that banks are being strict on waiver as they are not doing well. Especially consumer banking.

This post has been edited by Berkshire Breakaway: May 19 2015, 01:04 PM