QUOTE(Gen-X @ Feb 6 2015, 02:36 PM)
No lah, if you go redeem with Maybankard 2 Cards AMEX TP, still only need 12,500TP to get RM50 voucher.
That 400TP or MR refers to cash back credited in to account directly.
For example, I have 10,000 Membership Rewards Points in my AMEX Gold Charge Card now. I can call AMEX and redeem RM50 to be credited into my AMEX Charge Card Account.
Come 1st March, with 10,000MR, I will only get RM25 credited into my account..
And my AMEX Gold Charge Card earns me unlimited 2X MR points for any transactions (and up to 5XMR for selected transaction). So now I getting 1% Cash Back with my AMEX Gold Charge Card. Come 1st March, I will only get 0.5% CB.
As for TP. if not mistaken only MBB VS allows Cash Back directly into account at 250TP = RM1. So question is, VS also affected?
on-the-spot redemption also use the 250TP = RM1 conversion rate.That 400TP or MR refers to cash back credited in to account directly.
For example, I have 10,000 Membership Rewards Points in my AMEX Gold Charge Card now. I can call AMEX and redeem RM50 to be credited into my AMEX Charge Card Account.
Come 1st March, with 10,000MR, I will only get RM25 credited into my account..
And my AMEX Gold Charge Card earns me unlimited 2X MR points for any transactions (and up to 5XMR for selected transaction). So now I getting 1% Cash Back with my AMEX Gold Charge Card. Come 1st March, I will only get 0.5% CB.
As for TP. if not mistaken only MBB VS allows Cash Back directly into account at 250TP = RM1. So question is, VS also affected?
therefore, the announcement might affect every maybankard holders too.....
Feb 6 2015, 02:44 PM

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