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Credit Cards Maybank 2 Cards Premier V2, Fastest Air Miles Conversion

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muffdiver
post Mar 16 2016, 06:16 PM

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QUOTE(tishaban @ Mar 16 2016, 06:00 PM)
It was good for awhile, but I guess it couldn't last.

Once I lose the 5x TP for Amex and the 4.77 points per KF/AM/Enrich mile I'm out. Thanks Maybank.
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Looks like the 5X drop to 1X TP is only affecting Govt, Utilities, Petrol, Edu and Insurance. If this goes the same for shopping and other purchases. I will definitely cancel M2P

Same also like what you said about if Maybank reduces the 4.77 points per Enrich. No way am I going to keep it if that is also take away.
aspartame
post Mar 16 2016, 06:51 PM

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Means for other spending like restaurant, hotel, flight, shopping etc Amex Reserve 2 still pay 5 pts and Visa Infinite 2 pts for local and 5 pts for overseas right? That is, no change at all except those categories listed like petrol, governemnt, education etc. Roughly about 30% treat points "earning power" reduced? shakehead.gif

This post has been edited by aspartame: Mar 16 2016, 06:55 PM
bearbear
post Mar 16 2016, 07:54 PM

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they are sure trying hard to lose the customer base
Wongchoy
post Mar 16 2016, 08:58 PM

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Tell you all an open secret. HLB VI is now a good card for those who are affected by the latest MBB fiasco!
terence_say
post Mar 16 2016, 09:04 PM

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Will cancel the card soon
Maybank revise card benefits faster than any other card issuer, I look like a fool if I continue to use Maybank card
Tigerr
post Mar 16 2016, 10:09 PM

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QUOTE(Wongchoy @ Mar 16 2016, 08:58 PM)
Tell you all an open secret. HLB VI is now a good card for those who are affected by the latest MBB fiasco!
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wise is my main card followed by Uob one card n then only mbb cards

This post has been edited by Tigerr: Mar 16 2016, 10:43 PM
tishaban
post Mar 16 2016, 10:32 PM

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QUOTE(Wongchoy @ Mar 16 2016, 08:58 PM)
Tell you all an open secret. HLB VI is now a good card for those who are affected by the latest MBB fiasco!
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Again it depends on your primary objective. Most of us have moved away from Enrich and are focusing more on Asia Miles or Krisflyer so the HLB VI doesn't do anything here. The Wise with cashback might be a different story though, at least there is real cash involved.

bearbear
post Mar 16 2016, 10:35 PM

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QUOTE(Wongchoy @ Mar 16 2016, 08:58 PM)
Tell you all an open secret. HLB VI is now a good card for those who are affected by the latest MBB fiasco!
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i think MBB know their game and is pushing the limit, well how many % of your spending are affected? I would say mine is less than 10%.

Their conversion to miles is still the best, though i really don't know how long more this will last judging by the rate they are reducing the benefit

This post has been edited by bearbear: Mar 16 2016, 10:36 PM
HarpArtist
post Mar 16 2016, 10:50 PM

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mbb advantage is the many merchant that offer discount with their cards. if not for that would have cancelled their cards long ago...worth it to keep a free for life card for those discounts I think.

amex plat is basically a useless card now with the PPL access going straight from unlimited to 0 but they never refused an AF waiver before...so keeping that for discounts.
herc
post Mar 16 2016, 11:44 PM

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QUOTE(bearbear @ Mar 16 2016, 10:35 PM)
i think MBB know their game and is pushing the limit, well how many % of your spending are affected? I would say mine is less than 10%.

Their conversion to miles is still the best, though i really don't know how long more this will last judging by the rate they are reducing the benefit
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80% of mine
Wongchoy
post Mar 16 2016, 11:56 PM

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QUOTE(bearbear @ Mar 16 2016, 10:35 PM)
i think MBB know their game and is pushing the limit, well how many % of your spending are affected? I would say mine is less than 10%.

Their conversion to miles is still the best, though i really don't know how long more this will last judging by the rate they are reducing the benefit
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What I know is my insurance and govt bills is RM25k pa. TNB is 8-10k pa . Following the changes, 80k TPs is heading for oblivion !
digidigi
post Mar 17 2016, 12:07 AM

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95% of mine.. Bye bye maybank
JC_jun
post Mar 17 2016, 01:12 AM

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it will affect 80% of my AMEX transaction.

JC_jun
post Mar 17 2016, 02:09 AM

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1 alternative for petrol


Affinbank BHPetrol - 10% weekend BHP, cap RM50


http://www.affinbank.com.my/Consumer-Banki...MasterCard.aspx
terence_say
post Mar 17 2016, 07:48 AM

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Curious that all this recent changes affect Maybank Dianamte as well?

Anyone has the answer ?
tishaban
post Mar 17 2016, 07:51 AM

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For me RM12k-15k annually are with utilities/petrol/government, maybe slightly more. So potentially 25% of my spend.

For me one alternative might be the Amex Gold Credit card which still earns 5x Membership Rewards for petrol (~RM1.2 per AM/KF/Enrich).

psiloveu
post Mar 17 2016, 07:58 AM

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QUOTE(tishaban @ Mar 17 2016, 07:51 AM)
For me RM12k-15k annually are with utilities/petrol/government, maybe slightly more. So potentially 25% of my spend.

For me one alternative might be the Amex Gold Credit card which still earns 5x Membership Rewards for petrol (~RM1.2 per AM/KF/Enrich).
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You may need to think about the new revision before change to AMEX Gold puke.gif




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psiloveu
post Mar 17 2016, 08:03 AM

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QUOTE(tishaban @ Mar 17 2016, 07:51 AM)
For me RM12k-15k annually are with utilities/petrol/government, maybe slightly more. So potentially 25% of my spend.

For me one alternative might be the Amex Gold Credit card which still earns 5x Membership Rewards for petrol (~RM1.2 per AM/KF/Enrich).
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Premier Dual Card TP revise bye.gif bye.gif bye.gif bye.gif bye.gif bye.gif bye.gif

http://www.maybank2u.com.my/WebBank/CVP-PremiumCard.pdf


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tishaban
post Mar 17 2016, 08:15 AM

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QUOTE(psiloveu @ Mar 17 2016, 07:58 AM)
You may need to think about the new revision before change to AMEX Gold puke.gif
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Amex Gold is still free for life, so at least I won't worry about having to meet a minimum annual spend. The biggest problem with Amex gold is splitting the spend ie. my points will be spread across Treatspoints and Membership Rewards, never a good idea unless you have 6-figure or higher spend.

The new chart sucks. I will still keep the M2P card until I get hit by the RM800 annual fee in August, then time to cancel...

psiloveu
post Mar 17 2016, 08:16 AM

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QUOTE(Wongchoy @ Mar 16 2016, 08:58 PM)
Tell you all an open secret. HLB VI is now a good card for those who are affected by the latest MBB fiasco!
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If you are spend a lot at oversea.......Alliance VI is another choice, equal to RM1.20 spent for 1 miles (but only for enrich miles)

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