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Credit Cards Maybankard 2 Gold & Platinum Cards V11, Pls read post 1-3 & use Search Topic 1st

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subpar
post Dec 31 2014, 11:52 AM

I would totally turn lez for Effy...
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Senior Member
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Guys, some advice needed please.

I currently have HLB Wise and Maybank Gold AMEX but I usually maximise my usage for Wise - I pay for petrol + mobile + dining with Wise). I intend to cancel my Gold AMEX as I got it quite some time ago for the 20% cashback promo back in 2012 but I don't use it that much.

Now I want to get another card for my other spending - shopping! I have considered cashback cards but none are good for shopping. So I'm changing my focus to rewards cards.

My question is, can M2C totally replace Wise or do I retain Wise for petrol, mobile, dining and use M2C for only shopping and other stuff?
subpar
post Dec 31 2014, 01:28 PM

I would totally turn lez for Effy...
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Senior Member
827 posts

Joined: Jun 2006


QUOTE(arthur88 @ Dec 31 2014, 12:01 PM)
keep both cards...
furthermore no gst next year and amex no annual fee...why want to cancel amex... rclxub.gif
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Perhaps I wasn't very clear about what I meant.

I currently have 2 cards - Wise and AMEX Gold. I'm going to cancel AMEX Gold in the near future because I think M2C has better benefits, all-in-all a better AMEX option than the AMEX Gold. Note that this AMEX Gold is not M2C.

I was just asking if I should just keep M2C or should I retain my Wise to complement the M2C.
subpar
post Jan 5 2015, 10:17 AM

I would totally turn lez for Effy...
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Senior Member
827 posts

Joined: Jun 2006


QUOTE(cybpsych @ Dec 31 2014, 05:29 PM)
if your primary reason to get a 2nd card for shopping, perhaps Citibank Rewards/Cashback cards would be better?
Since your Wise already maximized, it's hard to "downgrade" the benefits to other cards  biggrin.gif This is the only card that gives >5% cashback, and since your spending behavior already adjusted to meet Wise's benefits, it's better to keep it. Unless, of course you planned to STOP using Wise (about 2 months earlier) and cancel it due to high AF for Wise Platinum.

Keep your current Wise for your usual petrol + mobile + dining spending. Please cancel the AMEX Gold.  laugh.gif
M2C Amex is the better card to complement Wise. Limitation to M2C Amex is the 5% cashback only limited to weekends transactions. Moving Wise to Amex means you need to swipe all your usual transactions exclusively on weekends.

'sides, M2C has signup promo with RM100 rebate (note: 2x RM50 GST is currently imposed to new application). This is literally ZERO commitment for year 1 considering M2C has no AF. Furthermore, most likely, current credit card GST could be abolished by 1 Apr 2015. Let's hope Maybank doesnt introduce AF for M2C (which will be taxable at the rate of 6% GST next year).
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Thanks for your reply, you understood my question perfectly! I think I'll take your advice and keep Wise at the moment. Let me get adjusted to M2C first and if I think I can do without Wise, then I'll cancel it later.

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