Salary rm1500 per month, I can apply credit card on which bank?
And which card have the best benefit ?
Currently I work in penang

This post has been edited by SAMANTHA TAN: May 18 2014, 02:49 PM

Unfortunately no...

you're better off with debit card.

when the bankers see you, all lights are instantly switched on

you are like their VIP of VIP's



in short, you're gonna make money for them for years to come

Pledge 5k FD with Maybank for Credit Card.
Credit limit 1 to 1.

5k cannot withdraw. Withdraw FD, card auto cancel.

When your salary up already, then you can withdraw FD and use salary slip as supporting documents.

Maybank got such package, didn't know about it.

got such thing? wow

Stanchart - 300k min FD collateral
Hong Leong - 10k min FD collateral
Maybank - 5k min FD collateral

So far, this is the one I know.

Now apply card, no need to have good salary or 3mths slip or etc. Got money, just place in FD to pledge in Maybank, then you will get a card. Easy fast and simple.

Best for those self employed. Want 50k limit, pledge 50k then

More profits for the banks esp mbb

Don't find Debts if you have Zero Debts !

If u think like this, then u are wrong.

Having a credit card doesn't mean having debts.
U can have a card, and have no debts. Is up to you on how u are going to control your spending.

Some people got 50k credit limit, and got 40k credit card debts.
Some people got 500k credit limit, and got less than 1k credit card debts.

Getting a credit card is good, so that you can create a CCRIS record in the BNM system. After age 30, if you don't have a CCRIS record, borrowing money from financial institution will be quite hard, unless you are working in MNC, public listed company. Kuci miao SDN BHD company, you will have hard time for your loan application, unless your company is reputable enough.

Card also good for rebates. Petrol, your utilities bills, promotion, points and rebate. If you know how to use wisely, it is a plus point.

I think MBB want to ramp up their credit card clients.
From no class to high class. Want to sapu market share.

5k FD pledge for 1 year for a credit card, I think is very easy for people to have a credit card already.

In fact, I just applied with MBB also.. Hehehehe. Also put kuci miao $$ FD collateral

Stick to debit card instead. When salary up 3k then only apply.

thanks! Now I only know got this kind of package 👍👍👍

hahaha, if you equate credit cards to debts then you sir are a retard.

credit cards benefit people i.e. rebates, benefits, discounts. anyone who pays the bank interest due to overdue credit card debts is an idiot in my books.

as for person who can't control your own debt..
" use credit card as the same as it was a debit card "

credit card...
got transaction dispute...you didn't have to pay
debit card....
got transaction dispute....say bye2 to your money (more dangerously if it link to your saving account)

Yea. Dunno why people can still think credit card = debt.

That is so old book thinking.
Credit card is a good tool. Only those who dunno how to use, simply use and simply whack will end up in trouble.

Credit card got so much discount, some give you free air travels, cash rebate, and it can also help you when you are in desperate emergency case, you won't know.

For some, credit card can use to leverage in investment. Example, when opportunities strike, cash out credit card and pump into the equity market. Once it goes up, sell it and clear all the outstanding. Leverage on money you don't have to create money. But this come with risk. Unless you are good and you know what you are doing, else, don't do this at all.

Owning 10 credit cards doesn't mean you are debt laden. Owning 1 credit card and spending beyond, then that is problem. So, start small, start young, control yourself now with 5k to 10k limit.

fixed.

citibank also got such services.
5k, silver.
10k fd, gold card.

hmm now i know my short term solution edi