Proceed from v18: http://forum.lowyat.net/topic/2997826
**Those wishing to get an agent to assist with your credit card application please post your request at the service noticeboard section as this section is about discussion on credit card issues and not for promoting or seeking agent.
Knowing your cards http://www.bankinginfo.com.my
1. Visa
2. Mastercard
3. JCB
4. AMEX - Charge or Credit Card
5. Diners Club
6. China Union Pay (中国银联)
7. Etc.
A. Some latest shortened cc thread links to refer easily: contributed by victorywp & alexwsk
AEON v4 http://lowy.at/aeon4
AEON Big v1 http://lowy.at/aeonbig1
Alliance v1 http://lowy.at/abm1
AM Bank v2 http://lowy.at/amm2
AmEx v3 http://lowy.at/amex3
CIMB v6 http://lowy.at/cimb6
Citibank v4 http://lowy.at/citi4
HLB Fortune v1 http://lowy.at/hlbf1
HLB Wise v8 http://lowy.at/hlb8
HSBC v2 http://lowy.at/hsbc2
MBB2Cards v18 http://lowy.at/mbb18
MBB2Cards Premier v2 http://lowy.at/mbbp2
MBB Visa Signature v2 http://lowy.at/mbbvs2
MBB Islamic V3 http://lowy.at/mbbi3
OCBC v5 http://lowy.at/ocbc5
PBB v1 http://lowy.at/pbb
PBBWM v1 http://lowy.at/pbbwm1
RHB v1 http://lowy.at/rhb1
StanChart v4 http://lowy.at/scb4
UOB v8 http://lowy.at/uob8
others:
Balance Transfer v4 http://lowy.at/bt4
Debit Card v3 http://lowy.at/dc3
TnG v1 http://lowy.at/tngv1
Reload TnG v3 http://lowy.at/tng3
Loyalty cards v1 http://lowy.at/loyal1
1. Annual fee
Annual fee free credit cards :
- CIMB Direct Access
- CIMB Bank
- American Express Green charge card & American Express Gold credit card
- Public Bank (**minimum swipes apply)
- Alliance Bank (**minimum swipes apply)
- UOB Bank (**minimum swipes apply)
- Maybank (**certain cards only)
- EON Bank (**minimum swipes apply)
- Citibank Choice (**minimum swipes apply)
- Hong Leong Bank Essential VISA (**swipe at least twice a month OR spend RM8,000/year)
- AmBank (**certain cards only)
- OCBC (**minimum swipes apply)
2. Credit cards payment methods - http://forum.lowyat.net/topic/1802980
3. Tap and Go Cards - no signature required
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4. Credit Card linked to Petrol
- OCBC Titanium MasterCard; all petrol stations = 5% cash back
- Citibank Cash Back VISA Platinum; all petrol stations = 5% cash back
- UOB; BHP Petrol = 2% cash back (UOB One only), 1% cash back (others)
- Citibank; SHELL (This only applicable for Citibank Shell, Citibank Cashback Plat applies to all petrol stations)
- Maybank/Maybank Islamic; PETRONAS = 5x Treatpoints
- CIMB Bank/CIMB Islamic; PETRONAS = 2% cash back
- Public Bank ESSO/Mobil VISA; ESSO/MOBIL = 0.5 - 5% (tier-based)
- RHB Travel Money; all petrol stations = 2% cash back (5% cash back every first weekend)
- AMBank Carz; all petrol stations = 2% cash back (3% for Gold and 5% for Platinum, provided there is an outstanding)
**All range of American Express charge & credit cards give 2x MR/TP on petrol purchases whilst AMEX Gold credit card and Maybankard 2 AMEX give 5x MR/TP. This applies to all petrol brands.
For more info on pumping petrol using cards, please refer to this thread: http://forum.lowyat.net/topic/1798403
5. Standard financial charge (interest rate)
Tier 1; 13.5% p.a.
Tier 2; 16% p.a.
Tier 3; 17.5% p.a.
Cash advance: 18% p.a from the date of withdrawal + 5% advance cash withdrawal fees
Late payment: 1% of outstanding or RM 5 whichever is higher.
Minimum payment amount: 5% of outstanding or RM 25/RM 50 whichever is higher.
Sample calculator can be found here
Sample calculator from AKPK
6. Complimentary Cards
1) HSBC Premier - deposit and maintain RM200k
2) Citibank Citigold - deposit and maintain RM200k
3) Standard Chartered Priority Banking - deposit and maintain RM250k
4) UOB Privilege Banking - Opening deposit of RM300k with maintenance of RM200k
5) OCBC Premier Banking - Opening deposit of RM300k with maintenance of RM200k
6) CIMB Bank Preferred Banking - deposit and maintain RM200k
7) Hong Leong Bank Priority Banking - deposit and maintain RM200k
8) Alliance Bank Privilege Banking - deposit and maintain RM200k
9) RHB Bank Premier Banking - deposit and maintain RM200k
10) Public Bank Red Carpet Banking - deposit and maintain RM500k or a Mutual Gold customer with a total combined deposits of RM200k in savings/current/fixed deposits.
7. American Express - http://forum.lowyat.net/topic/1724607
8. International Transactions - http://forum.lowyat.net/topic/1845691
9. Credit Card Cancellation - http://forum.lowyat.net/topic/1814307
10. Cash Advance fees
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11. Verified by Visa and Mastercard Securecode
Verified by Visa ---> http://www.visa-asia.com/ap/sea/merchants/...vbv_intro.shtml
Participating banks :
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MasterCard SecureCode ---> http://www.mastercard.com/au/personal/en/c...code/index.html
Participating banks :
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12. Balance Transfer - http://forum.lowyat.net/topic/3354596
13. RM50 Government Service Tax - NO LONGER IN FORCE from 01/04/2015
14. Airport Lounge Access - https://forum.lowyat.net/topic/4018832
15. Previous versions
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16. Useful information
BNM issued guidelines in 2003 that limits consumer liability in cases of fraud to only RM250. See the actual document here. (Courtesy of tishaban) (thanks awaynoway for the updated link)
Credit information:
CCRIS: http://creditbureau.bnm.gov.my/
CCRIS report - go to Bank Negara yourself and use self-service terminal to get report with MyKard (you need to go as need thumb print).
CCRIS report via email - http://creditbureau.bnm.gov.my/reportobtain.html
CTOS: http://www.ctos.com.my/
BRIS: http://bris.com.my/index.html
Swipe Smart with 6E:
http://www.abm.org.my/Swipe_Smart_with_6E_...ffectively.aspx
17. FMB - Financial Mediation Bureau
http://www.fmb.org.my/index.htm
18. AKPK
- An agency set up to provide financial education, financial counseling and debt management
http://www.akpk.org.my/Home/tabid/36/Default.aspx
Link to AKPK thread : http://forum.lowyat.net/topic/876712
19. Other Links By Users
Introduction to Credit cards 2016 by Gen-X
My Credit Cards - by Gen-X
Free financial tuition by Gen-X
The Best Top 10 Credit Card - Ultimate Showdown 2014 by Gen-X
20. Credit Card/Charge Card Reward Points
Validity of numerous credit card/charge card reward points
1) HSBC - up to 3 years
2) Citibank - reward points are evergreen
3) Maybank - 3 years (effective from 1st August 2013)
4) CIMB Bank - 3 years
5) Alliance Bank - reward points are evergreen
6) Standard Chartered - Pending reward system update
7) American Express - Membership Rewards Points are evergreen
8) Hong Leong Bank - up to 3 years
9) AmBank - up to 3 years
10) RHB Bank - 3 years for Platinum and 2 years for all cards ranked lower than Platinum
11) UOB - 3 years
12) EON Bank - 3 years
21. Premium Credit Cards and its requirements
1) CIMB & DA World Mastercard/Visa Infinite - Min Income Requirement : RM 200k
2) CIMB Enrich World Mastercard - Strictly by Invitation (those with card usage above RM 500k per annum may be considered)
3) CIMB VISA Signature - Min Income Requirement : RM100k
4) Maybank World Mastercard - Min Income Requirement : RM 240k
5) Maybank Visa Infinite - Min Income Requirement : RM 240k
6) MBF World Mastercard - Min Income Requirement : RM 200k (By Invitation)
7) Standard Chartered Visa Infinite - Only for Priority Banking customer (RM 250k in deposits)
8) RHB Visa Infinite - Strictly by Invitation Only
9) HSBC Premier Mastercard - Only for HSBC Premier customer (RM 200k in deposits)
10) HONG LEONG Bank VISA Signature - Min Income Requirement : RM180k
22. Best Credit Cards and its categories - Click on ME
Please note these are just recommendations based on normal spending. High spending or specific usage individuals might want to look at other cards.
1) Classic Card = Hong Leong Essential
2) Gold Card = Alliance Younique / Maybankard 2 AMEX Gold
3) Titanium Card = OCBC Titanium
4) Platinum Card = Alliance Platinum / Citibank Cash Back Platinum / AMEX Platinum Charge Card (assuming AF is waiveable) / Maybankard 2 AMEX Platinum
5) Visa Signature = EON VS
6) World MasterCard = Maybank WMC (assuming AF is waiveable)
7) For 1st time CC applicants with Degree: DA (Direct Access @ CIMB)
Looking for recommendations? Please refer to this thread: http://forum.lowyat.net/topic/4161836
23. Credit Cards with Complimentary Travel & Accident Insurance
1) All HSBC/HSBC Amanah credit cards
2) All Citibank credit cards (except all co-brand cards, cash back)
3) All Public Bank generic credit cards
4) All Maybank generic credit cards
5) All AMEX charge card & AMEX Platinum credit card
6) All EON Bank credit cards
7) Alliance Bank Platinum
24. OCBC Titanium Credit Card rebates - http://forum.lowyat.net/topic/3231432
25. Reload Touch n Go using credit cards - http://forum.lowyat.net/topic/3304889
26. Measures on Credit Cards by Bank Negara - http://forum.lowyat.net/topic/1796957
27. Beware of cross border charges by HLB, CIMB and SCB - http://forum.lowyat.net/topic/2519936
Sample case: Apple Store Malaysia by rickkywong using HLB credit card; wshoh using CIMB
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Confirmed no cross border charges: Ambank (by rickkywong)
This post has been edited by alexwsk: Apr 16 2017, 07:35 PM