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Credit Cards Hong Leong Bank Wise Credit Card V8, 10% Cashback , Up to RM100 per month

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cybpsych
post Jun 10 2019, 08:07 PM

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QUOTE(sj0217 @ Jun 10 2019, 07:57 PM)
Now thinking OCBC 365 MasterCard Card is useful now  brows.gif
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i think the revised Wise benefits still not terrible. it covers 3 commonly-used categories, rm54 combined cashback for rm675 spend.

the reduced AF is attactive to jump over from SCB biggrin.gif


still thinking on readjusting petrol spend @ scb (revised) vs wise (revised) vs affin-bhp.

only logical is get Wise after affin-bhp ended their 10% promo.
cybpsych
post Jun 10 2019, 08:13 PM

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QUOTE(skty @ Jun 10 2019, 08:13 PM)
cancel HLB wise and get maybank petronas instead.
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diff ppl, diff needs
cybpsych
post Jun 10 2019, 08:20 PM

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QUOTE(sj0217 @ Jun 10 2019, 08:16 PM)
Was hoping Affin BHP card can extend the promo, otherwise, another choice will be Maybank Islamic PETRONAS Ikhwan Visa

HL Wise for petrol only RM225 max spending to get RM18 return, unless monthly petrol is not that high  biggrin.gif
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yep, petrol roughly rm300/mth laugh.gif
cybpsych
post Jun 10 2019, 08:39 PM

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QUOTE(janson_kaniaz @ Jun 10 2019, 08:37 PM)
Damn I just got charged SST + AF. With this new terms the card is useless for me as I mainly use it to pay for utilities. Should I void the cash back on the 28th this month so that I can cancel now?
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which af you're on?
cybpsych
post Jun 11 2019, 07:36 AM

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QUOTE(janson_kaniaz @ Jun 10 2019, 10:47 PM)
RM160.
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well, depends on how desperate you want to kill the card or grab the cashback.

since af is not waivable and you really want to cancel the card regardless, then forfeiting rm100 cashback for rm160 af seems ok wat biggrin.gif
cybpsych
post Jun 12 2019, 12:19 PM

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QUOTE(loongzai2 @ Jun 12 2019, 12:12 PM)
This new condition with rm500 spending I can actually pump rm200 on BigPay then remaining rm300 other the selected category to entitled the 8% cash back?
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0.25% for rm200 bigpay (no capping)
8% for rm300 on petrol/dining/groceries (capped rm18 per category)
cybpsych
post Jun 12 2019, 02:04 PM

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QUOTE(mamamia @ Jun 12 2019, 01:22 PM)
I think the new TNC is consider better with effective rate of 8% if u spend solely RM225 X 3 on the 3 chosen categories and get RM54 every month rather than spend RM1000 with only RM100 CB (5% CB). N the annual fee is only RM98 now
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anyway, if we follow the same rounding mechanism of Wise's cashback, each category need RM218.75 to hit RM18 cashback per category.

theoretically, 3 x 218.75 (656.25) to get 54 cashback.

this number troublesome to achieve for some categories.
cybpsych
post Jun 12 2019, 02:08 PM

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hlb updated the FAQ and AF refund (proration)

user posted image
cybpsych
post Jun 12 2019, 02:55 PM

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QUOTE(vince-90 @ Jun 12 2019, 02:50 PM)
The last table should be "Approved BEFORE 1st Oct 2016" icon_idea.gif
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no big deal la, typo everywhere inside. guess they were rushing updating it without proper copywriting
cybpsych
post Jun 12 2019, 03:38 PM

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QUOTE(mamamia @ Jun 12 2019, 03:36 PM)
For utilities, then should be able to hit the odd number every month, petrol also can if u control the pump urself.
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Petrol, Groceries and Dining only le

QUOTE(Human Nature @ Jun 12 2019, 03:37 PM)
this have to give credit to HLB, returning the difference in AF
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i'm surprised too. at least they are being fair to those who already paid rclxms.gif
cybpsych
post Jun 13 2019, 07:52 AM

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updated comparison particularly on the "unlimited cashback in all categories" doh.gif

user posted image


QUOTE(zinze36 @ Jun 12 2019, 03:58 PM)
Weekend cashback is based on transaction date or posted date?
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QUOTE(aeiou228 @ Jun 13 2019, 01:03 AM)
Does anyone know HLB's tnc for the 8% cash back payout for weekend transactions during month end but posted in the following month ? Example, transaction on 31.8.2019 (Saturday)
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these 2 questions is similar.

no idea on its logic since it's new. sweat.gif

This post has been edited by cybpsych: Jun 13 2019, 07:55 AM
cybpsych
post Jun 13 2019, 09:49 AM

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QUOTE(Dexter @ Jun 13 2019, 09:39 AM)
Look like they wanted to do away with majority of online transactions.  bye.gif
WISE card is getting focus on petrol, groceries and dining only....wanted u take out the card and do the swipe at retail store.  hmm.gif
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find those with dual-mode lor.

if not mistaken, like Tesco delivery, order online but Grocery MCC. long time didnt use this service, not sure what has changed since biggrin.gif
cybpsych
post Jun 13 2019, 08:59 PM

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QUOTE(saitong09 @ Jun 13 2019, 08:43 PM)
TNB use Yolo lo, 8%
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he not using tnb
cybpsych
post Jun 14 2019, 09:48 AM

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QUOTE(saitong09 @ Jun 14 2019, 09:23 AM)
What are the alternative card for TNB to replace Wise 1k? I'm holding PBB VS, quantum and Yolo but not enough.
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pay with bigpay

use cards that give cashback --> bigpay --> mytnb
cybpsych
post Jun 16 2019, 09:36 AM

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error

This post has been edited by cybpsych: Jun 16 2019, 09:37 AM
cybpsych
post Jun 17 2019, 12:47 PM

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‘Fuel and Win’ at PETRONAS using your Hong Leong Bank Visa Credit & Debit Cards [ HLB | T&Cs ]
01 JUNE 2019-31 AUGUST 2019

Your every spend at PETRONAS could lead you to a chance to win a brand new Mercedes-Benz C200!

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cybpsych
post Jun 18 2019, 01:50 PM

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QUOTE(attentional @ Jun 18 2019, 01:48 PM)
Can someone create a new version of this thread? Looks like the existing TS is not active and the information on 1st post is not updated at all.
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cannot simply open new topic
cybpsych
post Jun 19 2019, 08:33 PM

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RM1 Credit Card Paper Statement Fee will be introduced effective 1 August 2019 [ HLB ]

Kuala Lumpur, 19 June 2019

Dear Valued Credit Cardholder,

In line with the bank initiative to promote environmental sustainability, we will be imposing RM1 for each monthly paper credit card statement issued from 1 August 2019 onwards.

Cardholders are encouraged to sign up for e-Statement at no cost.

For more information, please visit: https://www.hlb.com.my/en/personal-banking/...-statement.html




note: Affin Bank also announced this fee 5 days again.
cybpsych
post Jun 21 2019, 07:54 AM

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QUOTE(okyjace @ Jun 21 2019, 07:33 AM)
Can you share where it says that weekend vs weekday classification will be based on transaction date instead of posting date.

The FAQ clearly states with example that "WISE cash back is awarded based on posted transaction". There is an example given where a June transaction posted in July is counted as part of July.

From personal experience using WISE for years, I have found their cashback to be always based on posting date, not transaction date. I can see very clearly from the statements there is transaction date and posting date given. Furthermore, in most transactions, the posting date is one or two days later. I believe this is because few merchants use HL credit card merchant services. Anyway, time will tell. If Friday dinner bill is counted as weekend spending is not a bad thing.
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posting date is for monthly cashback calculation of the current calendar month; not to determine eligibility ("weekend").

per T&C -- "The Cashback will be calculated at the end of each calendar month based on the total Eligible Retail Transactions for each calendar month"

this is the same current behavior.

if not posted within the same calendar month, there is nothing to calculate (unposted transactions are not final); even if you dined during weekend but posted to next month (e.g. dined 31 Aug, posted 1 Sep)


next question would be: will this cross-month transaction utilize Sep cashback quota? laugh.gif answer: to be verified biggrin.gif
cybpsych
post Jun 27 2019, 08:03 PM

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HLB has finally updated their FAQ, especially definition of weekend, and cross-month posting.

the table headers also updated to "Transactions Performed on Weekdays/Weekends"

user posted image

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