I've faced quite a number of merchant doing that especially restaurant. Once you want to pay using credit card, they said it going to charge extra 2%

I haven't faced for restaurants. So far I face the most from camera and computer shops. Even some big shops in Low Yat Plaza charge the customers for paying CC.

What about shop not accepting credit card for transaction less than RM 100?

it's hard.. sometime many merchant only accept transaction above rm50

merchant have their right to accept or reject? hard about this part

abit serious note: I think we should be more objective about this. while i like to swipe my credit card around, those merchants who charge you 2% or wants minimum payment is because those are their additional expenses when you pay credit card, compared to paying by cash.

places where they don't care, probably already priced it in, making the goods & services more expensive than it should be, and you spend more.

Recently I applied the ocbc ge card one day before they revised the benefit. I wonder can I just call them to cancel my card without going to their branch to collect my card? I think no point drive all the way just to collect the unused card.

Currently looking at 2 of their cards, 365 and the World Mastercard. Both offer tiered cash rebates, which seems to be one of the highest for general retail spending. (no special category, minimum spending, etc) Anyone using them? Any drawbacks?

OCBC 365
Tier 1 - 0-1000 - 1%
Tier 2 - >1000 - 0.5% (No cap)

OCBC World Mastercard
Tier 1 - 0-1000 - 1.2%
Tier 2 - >1000 - 0.6% (No cap)

Another question, is it easy to waive AF?

Yes just call and tell them, not interested anymore. They are quite efficient in removing.

I wanted to convert from my existing GE Plat to 365, everything was OK and they even sent me the card as well. Unfortunately, AF was charged immediately. I called in for waiver, received SMS on the next day that it's not successful. Immediately called them to cancel it as I haven't activated it.

Only if you are totally new to OCBC, you will get first year free AF, else no chance to waive at all. Based on a few forummers' feedback as well.

well if you knew 2nd year won't be able to get waiver so don't think will apply ?

merchants are not supposed to do that , u can try to take a pic of the 2% charge if they displayed outright and report to bnm so that they can suspend their terminals or fine these merchants instead

This post has been edited by DarReNz: Sep 3 2016, 05:56 AM

that is what i used to do. forward a copy to HQ bank that merchant apply with and cc a copy to BNM

I will apply first and at least it's a temporary solution for me. That was my intention.

I understand, and agree. It's not right. And should report.

But as a consumer, say the shop sell this item, rm100. Pay by credit card, 102. Instead of explicitly charging, now they sell the item rm102 or higher,say rm105. Then as a consumer, we lose in the end. Anyway, this 2% thing should slowly disappear, as bnm is planning to reduce the fee banks earn from card transaction, to increase usage of card transactions. In the end, all banks cut card's benefits, we end up with cards with lesser benefits.

Just my pov for discussion.

yeah i was thinking if it was someone new that's thinking to sign up and read this

Well, at least they get to enjoy for first year...

I see... I guess I'll hold on for a while. Currently using the Alliance Younique card.

Hi guys, wanna ask.. usually transaction history does not show up instantly after we purchased something using credit card? Is it normal? does it need to take few days to update the transaction history?

Thanks

Yes, normal. Usually 1-3 days.

i applied for maybank ikhwan cc but got rejected, their reason is ccris.

i know it's related to my ptptn (but i just cleared it using my epf), maybe it's not updated in the ccris system yet? all my other loans are paid in time (0 all the way in ccris report)

so is it wise for me to apply at another bank or just wait for the ccris to be updated? need it for emergency purpose as i'm travelling in few weeks.

apply at another bank, by the time your application is being reviewed, your ccris might have clear that time, save time for you