Hi all, newbie here.

Moving back to Malaysia from overseas. I need some card recommendations

1. Annual Income: 400K

2. Free Lifetime Annual Fee: Not Necessary

3. Card required for: for airport lounge, travel, eating out

4. Existing credit cards if any: Australian NAB VISA/AMEX credit limit RM75K

5. Looking at CC from: Points/Rewards

6. Others: Aim to collect cc. Benefits, Lifestyle

Looking for a good card(s). I mainly like to eat out in nice restaurants and/or travel. What would be a good top tier card for me ?

I haven't worked in Malaysia for over 16 years. Been living in Australia. Now heading back with new job in KL. So would it be hard to get a premium card ?

AK

This post has been edited by azizikhan: Sep 23 2015, 01:52 PM

Appreciate your response. I read both links. Thanks they look promising. How would either of this compare with Amex Platinum Card ? Are they comparable ?

AK

Also the AMEX Platinum Card is "invite only". What is the normal process to get invited to this ? Get the Platinum Credit Card and get invited ? Get a Gold Charge Card then get invited ? Any suggestions would be helpful.

Thanks again!

Thanks mate, appreciate the feedback. I plan to get the AMBank Visa Infinite as well. Usually in Australia I pair my VISA with AMEX because it provides best points/rewards. I wish to do the same in Malaysia.

As for the Platinum Card, I'll also be travelling a lot so it has more value for me in hotels etc. For everything else I'll use my AMBank Infinite Visa.


Points conversion will be into Enrich primarily or One World partners.

Cheers,
AK

It's on my list too at the moment. Just that I'm leaning more towards the other bank because I will be working for them...

Other than that I thought very highly of Maybank 2 Cards Premier.

Mind you I haven't been living or working in Malaysia for over 16 years so I have limited view based on what I read... I can tell you that you get so much more credit card benefits than in Australia. Promotions in Australia are often boring...unless its concert tickets etc.

Cheers,
AK

Hey Fruitie,
Thanks for your response. That is an option too. I don't have any issue with credit (pre-condition for working in a bank ) so it should be OK. Once I come back (Nov) and start working I'll will look into this seriously.

Do you know what would be an average credit limit for these cards ?

Cheers,
AK

Just my RM 0.02 sen bro, I have had Citibank cards both in Malaysia and Australia before and i found their service staff to be very arrogant and not helpful. I subsequently cancelled both of them. Not sure how it is now in Malaysia.

Also another small advice if I may. Get something small, don't care what. My first card even in Australia was AUD 1k. Pay on time and grow your credit rating first. Then you move to "popular" cards slowly. If kena reject big cards wont look good on credit profile.

Cheers,
AK

Thank you for your response. That sounds fine to me. Good enough to get started back in KL!

Cheers,
AK

Thank you! Appreciate your assistance.

PS : If anyone help me answering the AMEX Platinum query would be great. (How to get invited ?)

Cheers,
AK

Brilliant! Will do that. Thank you

Yes a small credit limit. Usually what ever they can offer you.

If you have the cash AND you can use that to pay off the amount on time, every month, then it will build your credit profile.

Remember having big credit is not always good. Can affect other borrowing later, for example when you want to buy house. Keep it small and manageable for now. As your earning increase, then you can increase credit.

Rewards from credit, depends on what it is. If you need to spend a lot of money to get that reward, its not worth it.

For example. You can buy a flight to Langkawi for as little as RM50 with Air Asia. But if you have to spend RM3K to get one free flight to Langkawi - is it worth it ? No. You are better off just paying the flight with your credit card then paying that off.

Hope this helps

Cheers,
AK

Your credit limit will increase IF you pay it on time after a while. Say you start with 3K. If you pay it properly, after a while they may offer you 5K. But make sure you keep good track record.

Good luck!

Cheers,
AK

Fruitie,
After much consideration I have decided to apply for the Maybank 2 Cards Premier. Looked though their promotions and discounts and its quite attractive.

Will also apply for a Amex Platinum Charge if possible...

Only coming back next month so will organize all this then.

Thanks for all your feedback!

Cheers,
AK

I checked for the Maybank cards and on their form they asked for one month payslip. But their website says 3 months etc.

If I just start working back in Malaysia is it better for me to work a couple of months or one my payslip with my letter of offer etc is sufficient ?


Appreciate the advice.

Cheers,
AK

To avoid confusion, please adjust your "," to be third from the right.

So... 324,00 should be 32,400 OR

Don't put the comma at all - 32400.


Either that your payroll department is missing some zeroes hahahaaha!!!

Brilliant! Thanks.

Cheers,
AK

I noticed many people here use multiple cards for points, cashback etc. Is it better ? Or just use one or two cards ? ie like Maybank 2 Cards Premium ?