it's time to apply foreign cards if they touch the Amex 5x tp.

Any good foreign cash back cards can suggest?

not yet confirm right? dont be so pessimistic

Yes, not confirmed but always prepare for the worst. In just one month, it has reduced few cards' PPL benefits.

not only mbb, aeon also reduced ppl benefit, i wanted to shower at ppl kk but got declined, need to pay discounted price.

then ask about the citibank platinum, only complimentary ppl at klia and klia2 only, kk has option to redeem using points only. haih

Erm, all this while AEON cards allow free access to KLIA and KLIA2 only. Other domestic airports need to pay at discounted price la, it's stated so clearly on its FAQ. Not something new, been like that since day 1.

Sorry to OT but I just have to clarify this.

oh ya kah, it must be my mistake.
i did saw the complimentary aeon card for ppl entry's advertisement at international arrival. and i thought it was for all ppl. i always use matta card for complimentary at klia, klia2 very seldom because i didnt use airasia....

thanks for clarify this but the citibank one is really cut-cost liao,kkia and penang IA can only use 10,000 RP to redeem PPL entry. any /k can correct if im incorrect.

Ask in this thread: https://forum.lowyat.net/topic/3611150 Keep this thread for M2Cards.
And we are not /k, kopitiam is other section.

opps, sorry fruitie. i can go to already

Throughout my experience holding M2C, the rumours in this thread have a habit of turning out true.

It also doesn't help that MBB have a track record of downgrading benefit lately

So sad yet so true.
All menjadi kenyataan...

most if not all businesses are earning less or operating at a loss, can't blame the banks for reducing the benefits

Which countries have 5% or 10% cash rebate when swipe with credit card?
I do not agree as Malaysia have consider have many cash back when swipe credit card.

But it is bank negara enforce tbank to reduce the charge on credit card to merchant which make bank cannot earn much.
So, bank have to reduce the cash back / benefit in order to gain.

Bank negara trying to encourge more merchanct to accept credit card and make the more transaction can be done via credit card by forcing bank to reduce the charge to merhant from 2/3/5% to lower.

Example, now we can see mcdonald is 1 of the example offer credit card payment which we normally just pay as less as RM10 for 1 meal. So, hope more merchant can accept credit card in near future. who know mamak or food court , food stall with accept card in 1 day.

This is very common is many country which all transaction done via electronic instead of cash.

You should explore on what the big boys are getting. While it may not be 10% cashback like the HLB wise (which needs micro managing with caps & also off topic since we are talking about MBB dwindling benefits), 1.5% onwards is not uncommon (some even without caps). Just look at our neighbour down south as a start.

While we may have many credit card with reasonable cashbacks previously, things had changed. Most notably the recent MBB 2, Aeon Watami (discontinued) & the earlier OCBC Titanium. With the exceptance of PBB Signature, MBB Signature & HLB Wise/Mach, there are no other good cashback credit cards left. Not to mention all of them demands a non-waiveable annual fees (unless with a rather high usage, eg. RM 50k for MBB Signature) especially HLB Wise.

I always never believe BNM related excuses; just look at the credit card interest as most banks already reverted to 17.5% or worse 18%. Although there may be directives off & on, but it died down after awhile and banks use this whenever it is being advantages to them.

Higher credit card acceptance at reduced credit card holders' benefits? The statement itself does not makes sense (our credit card holders' penetration pales in comparison with countries mentioned previously) unless it is a screwed up proposal by our politicians, just like the RM 50 credit card service tax.

This post has been edited by deeplyheartbroken: Mar 13 2016, 09:50 PM

U see from different angle. Those countries start with may be no cash bash and slowly provide some benefit or discount..

But, our here is different start will big cash rebate and reduce to only giving 5X point or 1X point. But it is still better if u comapre on it.


Based to the reason on the purpose of credit card is make ppl convenient instead of carry many cash.
The cash rebate or point is just a bonus.

alexwsk time for v16...

I have placed 10k promotional 4.22% fd 2 weeks ago to pledge for maybank 2 platinum. I showed the staff there the offer letter by card centre and they open for me the fd and said I can get the card in 2 weeks time. They even called me up a few days later to pay the rm10 stamp duty fee.

But just now, the staff there called me and said that I can't pledge the promotional fd to get the cc, they ask me to open another GIA account to proceed for me.

Is there anything I can do for this? Can I write to Bank Negara regarding this since they provide me the wrong information at 1st.

nope, unfortunately there's nothing much you can do
actually none of the banks allow promo FD rate pledge

Kindly proceed to V16 (perhaps final version if no more 5X points) at
http://forum.lowyat.net/topic/3893992