Not sure has this been asked before,
using fixed deposit for applying this card or any other PBB CC, do I still need to show monthly income?

For example, if I pledged FD amount of RM100K, can I apply this card or other PBB CC.

Thanks.

OK. Thanks for the info.

Hmm, as long the interest accumulated to the principal and row every month, its ok for me, as I need some time to built up the CASA statement for self-employed category.


So you pledging soon???
Wonder which card can I pledged for..

This post has been edited by poi2005: Nov 19 2014, 11:08 PM

Depends where you open ur FD account.
If you open a FD account in KL branch, then just apply at the branch u open the FD account.

I went in to open a FD account today and on the spot pledged for CC application. Hope that it gets approve.

The amount I pledged is not for Signature CC, as I don't need 35K credit limit, but is good to have this card for the extras.
Not too sure what card PBB will give me for the amount I pledged, the customer service said, could be Platinum, but it depends on PBB.

Btw, normally what is the waiting time for application approval?

This post has been edited by poi2005: Dec 3 2014, 01:50 PM

The charges pay before or after application? And is it only applicable for pledging PBB Visa Signature card or all other cards as well?

I am a bit curious, because I already pledge FD for card application, but bank never told me about administrative charges/handling fees.
I was charged for RM15 (if I remember correctly) when pledging the FD.

Hmm, if there really has the charges, then I better cancel my application before I got charged by bank.

Alright, then in my case, mine is not VS card then as I didn't select what type of card on the application form.

Btw, is it necessary that the bank keep the Original Fixed Deposit Receipts? I was told that the FD will be used if I cannot pay the outstanding amount.

Strangely also that today I received a letter from PBB requesting me to submit a copy of the Fixed Deposit Receipt, dont understand why because they have already taken my Original Receipt, why still ask a copy of the receipt from me??

Got my CC application approved yesterday (FD pledging).

The credit limit given to me is 90% of the FD amount I pledged (in my case, is a gold card, not VS card).

PBB website/pdf brochure still stating 1:1 ratio on FD pledging which is very misleading information.

I paid Rm15 during application for stamp duty.
No further charges so far.

Yes, is more than 3K if you refer to credit limit.
I originally thought the amount pledged can get platinum (which I was told by the PBB CS that is possible), but anyway, at least got the card now.

This post has been edited by poi2005: Jan 7 2015, 06:05 PM