Crap... I have close to 10k utilities per month charged to my amex... Guess have to go for cashback card... Any options to recommend?

Cos malaysian banks are not competitive enough unlike US banks..

From 50k tp to 10k tp... Geesh. What a big drop.

in actual sense, our m2p card earning rate has dropped quite abit after factoring in all the categories that don't earn 5x on amex.... even VI don't give x2 on those categories anymore..

the way i see it, it's like RM 4.77 to 1 mile... it's as good as increasing the redemption point requirement for m2p.

guys, i've called the cust service to check on a few things.
They told me Telco such as telekom, maxis, p1 all is considered under utilities. When asked for black and white, say don't have b&w, it all depends on the code on the CC terminal.

Gawd, hate this kind of uncertainty. it's like playing jackpot when we're paying our bills. Strike jackpot, you get 5x. if not then it's x1.

yea.. that part i know.

but if you're paying bills like autopay with telekom, maxis, digi and celcom, it'll be treated as utilities and hence x1 only..

well have to try out for 1 month to confirm this. If this is really the case, just gonna switch out the autobilling to other VI cards.

After calculation, cashback tbh is lower value to me than airmiles. So applying for alliance vi. Hope they approve me asap.

guess just have to try it out after 15th april and see.. even the CS themselves are in the dark and not fully briefed.

VI has x5 for overseas spending. on top of that, comes with Priority Pass..

anyone tried paying utilities using posmalaysia online payment? can use the Amex or VI card to get at least 2x TP?

anyone knows if telekom (unifi and streamyx) and maxis is considered utilities earning x1 or normal transaction earning x5? i usually pay these bills on m2u.

From M2U bill payment, Maxis is under broadcasting & telecommunication while Telekom is under utilities.

Have to re-plan bill payments.. those earning only x1 have to shift to other cards like HLB Mach Signature.. At least it's RM 3 = 1 Enrich.

Can use the payonline uob portal to pay tnb with VI and earn 2x points?

that's a huge amount of miles missing.. sure u didn't use to exchange to enrich?

that would depend on whether ur company will allow you to claim in the actual charged amount (in ringgit currency) or the amount paid (usually for foreign company it's in USD). While overseas transaction do get 5x points, you'll also get charged on higher conversion rates and foreign transaction fees.

Knowing where'll be based will narrow down a little further. US cards have better benefits such as high sign up bonus and earning rates. Not to mention they are usually 1 to 1 point transfer to airlines.

suggest you to use HLB Mach Signature or HLB Visa Infinite if you can qualify for it. i had this dilemma too when MBB implemented the devaluation... So far only HLB Mach Signature fits me cos banks don't recognize commission as income even though i easily qualify for VI cards...

It's not 5x like amex, but at least it's about RM 2.8 = 1 mile to RM 3 = 1 mile...

This post has been edited by raist86: May 24 2016, 05:07 PM

Cilaka.... If they offering like this, chances are the tp to miles range are going to be revised soon... Once redemption rate starts to go up and becomes unsustainable they'll review the transfer rates.

erm.. who says... i just received my replacement 2C premier and there's visa wave on the VI card. This replacement is for the Chip & Pin thingy.

spent more than RM 57k for that month.. but didn't get anything...

looks like malaysia still alot of rich flers.

IMHO, 2CPremier is only worth it if you can earn enough points to exchange to air miles due to its best conversion rate and TP earning rate (though not as good as last time). Even with VI card, you get 2TP for every RM1 spent.

2 years worth of collecting points allowed me to fly business on cathay pacific by just paying RM 1k on taxes for 2 pax. Cash purchase value of the ticket is about RM 34k for 2 pax. Think of it as having a big treat once awhile.

Some people prefer monthly cash rebates. I prefer having being rewarded with big treats once awhile. 2 years of RM 50 - 100 cash rebates does not give the equivalent value as flying J class.

For those who want to optimize earning, i suggest to pair this card with either HLB Mach Signature or MBB Krisflyer Amex to take advantage of points earning from Utilities and Government. If you can get HLB VI or Alliance VI, all the better.

Just stay away from HSBC cards even though their advertised conversion rate looks good. They come with lots of T&C and limitation. I had a big headache trying to figure out when to use the card and when not to.

CIMB VI or World Mastercard while has good potential miles earning rate, the AF is too expensive and to get a waiver is a bi**h. Have to spend like RM 1Mil to get automatic waiver. There's also a limitation on the number of miles earned a year.



This post has been edited by raist86: Oct 19 2016, 09:08 AM

Yea, my bad, it's the world enrich. both have ridiculous t&c.

Trick is to do the exchange to Enrich when they have 10% extra promotion, then redeem via one world redemption or one world multicarrier redemption. The problem is maybe restriction on seats by partner carrier or fresh call center staff who does not know how to do the redemption. I had to try several times to finally secure my seats.

I'm now putting my miles to Krisflyer considering that MBB still have the krisflyer card to earn miles at almost RM 1 = 1 mile.

i only use krisfler for transactions that don't qualify for x5 on 2CP amex (tnb, gov transactions etc).

Krisflyer earning is RM 2 = 1 mile for local spend. but if spend RM 60k> a year, there's a bonus of 1 additional mile for every RM spent. That amount is hit easily for me hence i factor in the bonus earning to become RM 1 = 1 Mile.

So far haven't done redemption on krisflyer. I'm using this card to capture all the miles that would've otherwise gone to waste. Ideally if there's a card that can earn the same rate for Asiamiles, i'd have gone for it as CX has better redemption availability and lower tax charges. SQ tax charges can sometimes be eye watering. For example, the same destination i redeemed on CX J would've cost me RM 3.5k in taxes on SQ... But some forumers have found loopholes that cut the taxes which requires starting the flight from certain location (MNL etc).