duplicate.

This post has been edited by CP88: Sep 12 2016, 09:15 PM

5% is guaranteed and 100% is if you are lucky enough to be among the fastest.

Sorry I started this OT, would stop here, for d curious my success rate was >80%.

checked my spending pattern, 1.3k in categories, 700 in other like insurance.

will move my insurance auto debit to WISE to get RM100 per card... still the highest rebate in RM so far... it is more manageable than apply 2 new cards and monitor 2 cards to get RM50 each card... at the end also get same RM100...

This post has been edited by propusers: Sep 13 2016, 10:06 AM

Depends on individual, if one have spending on relevant categories, eg PBB VS 6% cash rebate would be more attractive and flexible

https://www.hlb.com.my/main/news/20160906-0...ise-card-update

in other words, now the wise card in order to gain RM100 or the 10% cash back

we have to 1. spend at least RM1k to the Chosen WISE Categories AND
2. Total Spend for the Month (RM) must at least RM2k
or
RM2k on Chosen WISE Categories

Go for option 1 to maximize the CB

what is the difference?

I was thinking the same too.

Regardless, you are still getting 5% cash back for Wise categories, whether to spend full RM 2k on them or just RM 1k + RM 1k (other expenses).

Maybe to consolidate other expenses like insurance premium into wise card?

Most of the WISE categories can get cashback from other cards too.

So more 'worth' for the extra RM1k to be spent on those that normally cannot earn cashback (insurance is the big one, things like pharmacy, gym membership etc also).

This is, of course, assuming that you have RM1k of those sort of expenses.

The comparison is between spending RM2k within the categories (get 5%) and then that extra RM1k maybe get 0.2% or something.... or between spending RM1k within and the extra RM1k to get 5% and then the remaining RM1k which is within categories can cover with Ikhwan or Public Bank Visa Signature or similar to get 5+% also.

agree with you.
By percentage, PBB VS 6% more attractive.
By amount, WISE RM100 more attractive.

Depends on individual spending pattern, change the swipe strategy so we can earn highest rebate from banks.

if withdraw WISE, we can combine PBB VS + another 1 card (UOB ONE / CIMB Rebate / Maybank Ikhwan) to achieve RM100 rebate.

is less than 5%

per year spend 24,000
monthly rebate 1,200
AF 169.60

rebate % 4.96 (max rebate)

OK fine. I excluded the AF.

Agree with u. There is some stress using this card, let say u spend rm1000 on your chosen category then when comes to end of month still couldn't find enuf to spend on the balance rm1000, what would u do then?

Upgrade your insurance or check if you need a new insurance coverage or not.

Seriously what a suggestion, but no offence, r u an insurance agent?

Just a suggestion. I am not insurance agent, but we do need to check our insurance coverage from time to time, not sure how long you have not check yours.

The new rules apply for Oct 2016 calendar month spendings, am I right?

just got the sms too.
i guess too many people have been getting alot of cash back already they have to revise or not lose money.

i'd say the minimum 2k expenditure is too much and not flexible at all, for me at least.
maybe other users with higher usage will be happier.

hlb mach still ok for the 5% (dining) cash back i guess.
but seems to me that there are more categories to be used now (ie - travel, utilities and bookstores)

categories
1 Pharmacies Guardian, Watsons, Caring and Eu Yan Sang outlets
2 Groceries All grocery stores eg: Giant, Tesco, AEON Big (MCC 5411)
3 Petrol Automated fuel dispensers at all petrol stations (MCC 5542)
4 Dining All dining outlets (MCC 5811, 5812, 5814)
5 Departmental Stores Parkson, AEON, Isetan, Metrojaya, Robinsons, Tangs, GAMA and Sogo outlets
6 Book Stores MPH, Popular, Borders, Kinokuniya, Times, Smart and BookXcess stores
7 Utilities Electricity and Water (MCC 4900)
8 Entertainment All cinemas (MCC 7832), Ticket Charge, Ticketpro, Red Box and Neway
9 Travel All airlines (MCC 3000-3299, 4511), hotels (MCC 3501-3999, 7011), tour packages (MCC 4722, 4723)