1. there is a statement date, and a payment due date, and they are 21 days apart, ie you have "free" 21 days grace to pay...it make sense to pay at or close to the due date, to maximise returns on your funds left in your savings account... It probably is not much if the amount is small, but if large, it can be significant, over a period of time.

2. You are only obliged to pay whatever is in the statement...whatever spending after the statement date will appear the next statement....

3. Discipline is needed to remember to pay on time...and an option which i use is to leave a standing instruction with the bank to automatically pay the CC bills from my account on the due date every month...

4. If you fail to pay full on the due date, then interests on the outstanding balance kicks in...and this time, the "outstanding" balance includes whatever spending incurred after the statement date...ie, no more interest free periods...

5. the banks LOVES it when you forget to pay on time, or don't pay the full amount....lol

It is clearly stated in the T&c dinning is not included in the qualifying spending....

Correction: dinning is included in the qualifying spending, but is not counted in the promotion cash back, but part of the 5% cash back as part of the card feature....

This post has been edited by limeuu: Jul 9 2016, 05:12 PM

Postage?....I presume that means post....

I thought they always send replacement cards either to a branch for you to collect, or via courier to your selected delivery address?...

Mine is a very old limited edition menara maybank one... and it's already pin based pure ATM card....don't want to change....

That's useful information...I also only want an ATM card, not a debit card....

atm cards are already, by definition, pin based cards...at one point meps had an eftpos payment system, and it was pin based....so technically, there is NO need to change the pure atm cards...i have my 6 digit pin for atm access, and that can be used the same for pin based purchases, should i want to...

the issue is actually, what system our debit cards are based on nowadays...it appears msia has given up on national eftpos system, and adopted the visa/mc system....hence all the bankcards are visa/mc based...i suppose that makes sense, to ride on the very extensive visa/mc cc payment network...

my atm cards dates back to the early 90's and is a limited edition card with the picture of the Manara Maybank...and never expires...when they introduced the debit cards (cherry), i declined to "upgrade"....

my accounts are also annual charge free....never charged for the atm card use...

so i loath to have to change, and then have the bank negating on all the historical free nature of my accounts and cards...

p/s i just checked, the old atm card is actually plus enabled, so should be compatible with the visa network, i have actually withdrawn cash in foreign atms with the card, via the plus/visa network.....there is REALLY no need to force people like me to change, and it CANNOT be bnm's directive...as bnm's directive is purely to move payment system at pos into a pin based system...nothing to do with atm cards, which is already pin based anyway....

This post has been edited by limeuu: Jul 30 2016, 10:05 PM

I have not received any notice to change my ATM card....

Well....if people are happy to accept any rubbish throw at them, that fine....but I know there is no need to change pure ATM cards based on the remit of the pin based move....and I will want to know why the banks wants to....I bank with their private banking, and even they don't know the reasons....other than 'bank policy's and 'orders from above'...

Our of topic anyway, so I stop here....

it's still in their website...actually, the basic yellow colour pure atm card is still listed in their list of debit/atm cards...

however, there appears to be a range of debits cards available...and some will attract rm12 a year for unlimited withdrawals...so choose carefully which, don't just accept whatever they assign to you...

which is why i suspect the banks are pushing the debit cards under the pretext of complying with bnm's pos pin based directive, to try to get as many people away from pure atm cards as possible...and some here do not realise they have been had....

however, it is obvious those who already hold a debit card, which was signature based at pos, will need to migrate to a pin based card...

i stand by what i wrote...if people are happy to migrate to a debit card, fine...but others may not, and it is within our rights to question the need to do so....irrespective of what people think cs/bank officers are saying...

Because there was a treats fair, and people started talking about changing their debit cards there...and someone says ATM cards also must change...

I am making the point that it appears the pure ATM cards still exist, and should not need to change to a debit card....but you are right....out of topic.... My last post about ATM card here....

that's how i understand it...you cannot get new cards....it's discontinued...but it does not say you must change it...it appears deliberately vaguely phrased....i think they will just slowly phase it out, as cards get broken/spoil and they replace with a debit card....

but people who misunderstand the message may just go change it, and that will hasten the transition....

This post has been edited by limeuu: Aug 2 2016, 08:51 AM

Where did you get that from?....

So they are steamrolling everybody to change to the debit card system....

Why can't they say that in their website?....

they sure hide that well...can't find any link from the m2u landing page....

i will never click on the "fake debit card" link, as it has nothing to do with me...i don't use Debit cards...

not rubbish to publish a statement like that embedded in a 3rd level link titled :"ATTENTION: Fake Maybank Debit Card Replacement message"....?

in any case, i have escalated to private banking, they will get back to me....

This post has been edited by limeuu: Aug 2 2016, 11:21 PM

Wow...that is interesting...

The signature in this case is not to facilitate payment and authenticity verification, but as tacid agreement with the terms and conditions of the use of the cc....

ATM card can be replaced via maybank2u.... they post to you....then activate online....no need make trip to branch at all...