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Credit Cards HSBC Credit Cards V.2, Read the T&C before applying!

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psiloveu
post Jan 2 2015, 11:23 AM

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I am a vs user since 2011, no issue with my annual fee.......automated waive by the bank. My usage for this card is more than 12x per annual, but amount is small.
psiloveu
post Jan 2 2015, 11:33 AM

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QUOTE(brutalsoul @ Jan 2 2015, 11:27 AM)
haha...im opposite with you. Been using since 2005 but need to call in every year to waive annual fees. >24x/year ~ RM30k
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Thank you for sharing your experience. May be this bank dun has SOP of annual waiver process biggrin.gif

So far I only have one credit card and no other account with this bank.
psiloveu
post Jan 2 2015, 12:00 PM

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QUOTE(Gen-X @ Jan 2 2015, 11:35 AM)
Wah, why you get special treatment, i.e. auto waiver without needing to call CS to request for it.
I also have to call to request. And nowadays no more toll free and got to waste time pressing this and that to talk to a human.
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Checked my 2013 & 2014 statement......I din see any annual fee charged into cc account biggrin.gif
psiloveu
post Jul 27 2015, 03:31 PM

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Received call from HSBC for Cash Installment Plan.......if accept the offer, CL will increase a lot!!!
psiloveu
post Jul 27 2015, 03:56 PM

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QUOTE(leo_kiatez @ Jul 27 2015, 03:41 PM)
What for you need high CL??
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My business needs cash flow, sometimes cash out or BT from credit card (compare to personal loan or business loan) is lower interest rate and faster approval. It is just my two cents opinion. biggrin.gif

This post has been edited by psiloveu: Jul 27 2015, 03:56 PM
psiloveu
post Jul 28 2015, 08:42 AM

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QUOTE(James603 @ Jul 27 2015, 04:59 PM)
Cash Installment interest not high meh?
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Interest rate is about 7% PA, effective rate will be around 10%.
My plan is take the cash out, increase my CL permanently, and then settle it early.
After that, I can utilize it's BT program which is around 5%.
Credit card is a double edged sword......use it wisely will help, use it wrongly will kill smile.gif
psiloveu
post Jul 28 2015, 08:46 AM

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QUOTE(fly126 @ Jul 28 2015, 06:51 AM)
What I  tried to say here even u got little  startup CL when utilized  them  they will increase CL for  U every year that's what happened to me...
How old are m l, 2x of your age...
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Fully agree with u, start from little.......use it wisely, good payment record, bank will review our record accordingly.
I started using HSBC with classic card (more than 10 years ago), CL less than 5K........terminated few years ago after other banks offer cash back type cards. Reapplied two years ago, CL increased. smile.gif
psiloveu
post Jul 28 2015, 08:49 AM

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QUOTE(Unseen83 @ Jul 28 2015, 02:38 AM)
wow RM5oK credit..  how old are you ?  how long you been working/ Gov or Private LTd?  how many CC u own (maybe this happen as i apply 3 CC same time)? or they been racist to Malay ME..  mad.gif

hmm.gif  i  gonna call up  CC ask them(later)... this is sux to be me.. getting Low CL and Tag Platinum...  vmad.gif
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hi, bro....be calm.
Liked other forumer opinion, CL will increase year by year if you use it and have a good payment record.

I saw your Bank Rakyat letter, there is a "Untung Komoditi".....what is this product? smile.gif
psiloveu
post Jul 29 2015, 08:30 AM

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QUOTE(Unseen83 @ Jul 28 2015, 04:35 PM)
hm 2008-2010 i got Maybank CC give ne 2 separate cards one Visa/Mastercards.. combi amount RM15K i don't use it so much but end pay it off Cut it..

Regarding COMPLAIN.. 1)my CC so is my right to do so  icon_rolleyes.gif  2) they Give me Platinum Cards.. i should get defo more RM14K! if base on 3x or 4x my Base pay.. No worried i call Complain.. today now my CL bump RM20K (yes i am happy now MUHAHA!)  even so i never gonna use it tongue.gif i just use my CIMB CC make no sense to abuse all CC.. x
is not my first CC from HSBC... My pay record is good no Blacklist or red tape/LATE on payment smile.gif  ok Madam.. (your female right? 2x my age oh 60yo on LYN wow i thought 33 on Lynet i feel oldman) is okay now.. i call HSBC they sorted my CL..  icon_rolleyes.gif
i Think i got good records, i on time payment.. settle my previous car loan and finish my first home loan.. i got Utilities bil pay on time smile.gif  AND i have History with HSBC MAlaysia and UK i use their CC product before  pay off and Cut it.. smile.gif is just unsatisfied i got CC Platinum TAG but give LOW CL that's all if im newbie yes i understand credit awards is low.. but i am not..  icon_rolleyes.gif 

is a Saham when they(Rakyat CC) give you credit they also use the amount credit to be reimburse into saham.. and within year or so it get increase.. RM30K +(in theory if increase but i doubt it)
further explanaition :
base on Islamic finance(wat i was told).. is call Ijab an offer of commodity from bank under basis of murabahah  with deferred sale price upon the purchase of said commodity AND if you chose this you need to agree with Wakalah" (word for wakil bank may use cl to do buying/selling balance) AND u also need to agree with Qard" a processing profit making and loss..
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Thank you very much for sharing the info.
I still have a question......if this year commodity price is low, end of the year shown "loss", do you need to pay the "loss" or just reduction of your current CL?
psiloveu
post Aug 28 2015, 09:19 AM

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QUOTE(cklimm @ Aug 25 2015, 02:04 PM)
can we transfer $ from credit card account to saving account then? will it be treated as cash advance?
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u can use the "Cash Installment Plan"........no cash advanced fee but interest smile.gif
psiloveu
post Dec 28 2015, 02:27 PM

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QUOTE(fruitie @ Dec 28 2015, 11:13 AM)
Calling HSBC now, already 10 minutes still no CS entertains my call! mad.gif

Gave up after 15 minutes. mad.gif

Does anybody know what is the email address to check for credit card application status? Until today nobody calls me for verification. doh.gif
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Best method to reach HSBC phone banking customer service is "report lost card" brows.gif
psiloveu
post Dec 28 2015, 03:29 PM

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QUOTE(fruitie @ Dec 28 2015, 02:41 PM)
Yes, so normal that it has never improved. So much for an international bank.
That's my thought too, do they have people working or not. laugh.gif
15 minutes still not enough of patience? Tell me then how long should I wait. It is not up customers should be penalized for their understaff, it is their responsibility to ensure everything still runs smoothly regardless people take leave. Their supervisor should be responsible for causing this havoc!
I have dealt with HSBC before and they have not improved since last year. I have no issue for Aeon nevertheless.
I always do this but I decided to give them a chance.
Looks like I have to use this method again.
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I always code HSBC as "The World Kamsaip Bank" tongue.gif

Kamsiap in "Hokkien"
psiloveu
post Feb 11 2016, 10:07 AM

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QUOTE(haru20 @ Feb 11 2016, 09:31 AM)
I just got charged AF for my Feb Statement, any members here manage to get AF waive from HSBC CS? Or should i just cancel the card, since i rarely use the card, therefore benefit from HSBC are rather limited.
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Good morning. May I know which card you are using now and charged AF?
psiloveu
post Feb 11 2016, 10:27 AM

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QUOTE(haru20 @ Feb 11 2016, 10:22 AM)
Im using HSBC Visa Platinum, been a HSBC customer since 2014.
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Thank you very much for the info.

I am using their VS since 2011, until now no AF charged into my account except year 2012, their charged and send me sms mentioned auto waive and no more sms after that.

I think they are changing thier AF policy now, I need to check my statement once my card renewal date is coming. sad.gif
psiloveu
post Feb 17 2016, 11:13 AM

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Received bank call to offer CL limit. Bank may desperately to retain customers??? biggrin.gif
psiloveu
post Feb 17 2016, 11:38 AM

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QUOTE(dnp @ Feb 17 2016, 11:18 AM)
i guess so. yesterday when i want to cancel the card. they offer me rm50 rebate when i spend rm200. i dont want.
then she offer 0% balance transfer, i reject too  tongue.gif
talk alot holding my phone for about 10mins to cancel one card. rclxub.gif
my friend previous experience for card cancellation took >10mins  shocking.gif
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I think they lost many customers past few years......because of lack of card benefits (cash back, airmiles etc.), poor customer service......even hotline cannot access easily......

Their slogan
The World Local Bank.......becomes The "Worst" Local Bank biggrin.gif


psiloveu
post Feb 29 2016, 01:32 PM

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QUOTE(Havoc Knightmare @ Feb 29 2016, 01:21 PM)
I signed up for a HSBC Visa Signature at Mid Valley Mall. I received a HSBC Platinum in the mail. Is this legal, to give me a different product from what I applied for? If I were to not activate the card, would it be automatically cancelled after the 3 month period? Or do I need to call them?
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Is your annual income fulfill the application requirement? If yes, why not make them a call to verify.
If you really want to cancel the card, suggest to walk in to branch or call CS.

psiloveu
post Jul 12 2016, 03:01 PM

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QUOTE(minthiam @ Jul 9 2016, 09:40 AM)
Just curious, how much credit limit they have provided after you shout at them? HSBC credit card is known for being very generous with their credit limit.
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Agree with u, HSBC really generous offer credit limit to customers, mine card increased twice past three years.
psiloveu
post Dec 1 2016, 09:38 AM

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QUOTE(X.E.D @ Nov 30 2016, 10:11 AM)
Premier Travel CC seems to make Maybank's 2Cards Reserve pretty useless, and no annual fee to boot...
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First year annual fee is waive, you need to spend at least 45K to get second year waiver. This card annual fee is 600 + 6%.

http://www.hsbc.com.my/1/2/personal-bankin...rd-fees-charges
psiloveu
post Dec 15 2016, 05:26 PM

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QUOTE(tZZ @ Dec 15 2016, 03:15 PM)
Have you guys received the new pin and pay cards ? I could not find any information on HSBC web.
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I received my new PIN and PAY card two months ago.

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