Are you asking or telling me ?

Very low only. http://www.maybank2u.com.my/mbb_info/m2u/p...d=/mbb/Personal

Thanks. Terribly low rate. Your friend put in for how long ? A year ?

Yes, for one year. There's promo now but pledge FD for CC, cannot use promo rate..
I hope I can help her to appeal to use payslip. Another colleague who has similar scenario like hers, managed to get M2Cards Plat and Barcelona VS without any FD. I have a feeling the officer saw her employment pass renewal wrongly, he/she may have mistaken it that she just reached Malaysia this month (her renewal just happened this month). In fact, she was working here since Oct 2015.

This post has been edited by fruitie: Oct 22 2017, 09:40 PM

3。1quit low since loh of bank is offering at least 4

dont know what are you trying to say.

pledging FD for cc usually on board rate, NOT promo rate.

pledging depends on individual. if you dont have any immediate/emergency use of the money, no harm pledging for cc instead. else, park the fund elsewhere like other investment vehicle or promo FD.

Food for thought...

Pledge FD to get the c.c... maybe enjoy 2% cashback..
But if use that money to invest and maybe get much better return...

So is it really worth pledging the FD?

if u noticed, some ppl want the cc more than the FD itself!

no right or wrong. your money, your decision to weigh which is more important

Never try pledge with FD, but uf pledge with FD still get the interest right? If still got interest then for me is no harm, we still need to save some money in bank cant use all money in investment.

Previous being try to help my friend which is self worker and without any income tax report.. make a new fd at rate 4.2 after that just pledge for cc .... taking the Ambank vI

This post has been edited by kenny79: Oct 23 2017, 08:48 AM

practically speaking and theorectically speaking, you don't invest 100% of the money. there needs to be emergency fund. this will be the emergency fund and also to get more cash rebate.

Headache

Got approval SMS and m2u system reflected BArcelona VS card.
Called CS yesterday and found out Pos Laju sent to my home and then claim no one was around therefore sent to Pos Laju Cheras branch.

I did not receive any notification or pick up card from Pos Laju, how do i know the tracking number to pick up at the branch later.

Now i have to wait and wait and wait

i don't know how much FD need to pledge...but assuming if it's RM40k...

Assuming if FD gives 3% and if your house loan is charging 6%.... the additional 3% would have saved you RM1200 a year which works out to be RM100 a month....

or any other investment if we can get 6 or 7% return p.a. ....

just thinking out loud la... anyway it's up to individual if they really want the card...

For someone interest on highend card will be willing to pledge for it... For me I just interest in what can I save for interest and what can I got for the investment.

Call MBB to check for the tracking number.

They were unable to give me tracking number as Pos Malaysia didn;t update the posting updates.

Can i apply a new card + 2 supplementary through M2U?

supplemental card for barcelona visa signature not open in M2U yet

My foreign colleague has no choice, for me I won't do this. Since she said OK, then I just helped her.
Nevertheless, I will try to help her to appeal next time. She only invested RM 10k which is quite little in this case.

card delivered!! yes

applied oct 18th
approved oct 19th
received oct 23rd

not bad for speed