insider news, as usual.

if effective 1 July, latest announcement will come out on 10 June (next monday)

same thing to HLB Wise too.

guess we'll get more shock or drool next Monday

Revisions to Standard Chartered JustOne Platinum Mastercard® Credit Card (SC JOP) features effective 1 July 2019 [ SCB | Updated T&Cs ]
Official Announcement & FAQ



This post has been edited by cybpsych: Jun 7 2019, 02:57 PM

pbb quantum mastercard 30 cb/600 spend feels better hor

Revisions to Standard Chartered JustOne Platinum Mastercard® Credit Card (SC JOP) features effective 1 July 2019 [ SCB | Updated T&Cs ]
Official Announcement & FAQ



This post has been edited by cybpsych: Jun 7 2019, 02:57 PM

announced liao

unless stated otherwise, the discussion line still on jop

as simple as that. no af waiver condition.

new condition: beg, probably can work

This post has been edited by cybpsych: Jun 7 2019, 07:17 PM

1 Nov 2019

i asked this exact question via livechat this afternoon.

if plan to cut, stop spending in Oct. wait until Sep cashback received in Oct, pay off all outstanding less Sep cashback, then terminate.

1) calendar month cycle. T&C has stated the definition: "A month is defined as the period which runs from the first day of a particular calendar month to the last
day of that calendar month."

3) just treat it as 7 days on the following month.


u need to understand how cc transaction works.


reason is simple.

example: when a transaction transacted on 30 July, usually it is still not settled/finalized yet. the merchant need to perform settlement, usually T+1 or T+2 or sometimes T+0 days, depending on settlement arrangement between merchant and their acquirer bank.

in turn, each cc transaction usually has 7 days validity (grace period) for merchant to claim/perform settlement. if merchant not claiming the transaction (due to invalid or no record or dispute/refund, etc), the specific transaction will expire and it wont be POSTED into your cc account. posting = settled/claimed.

note: you will notice this is the standard message from bank CS if some error happened to your payment and they ask you to wait for 7 days to see the "refund" returned back to you. if you see it, then it's automated. if you dont, then the merchant is not doing the settlement properly, meaning they still claim the money/settled the transction which is already invalid (my experience was with Boost App)

now, a transaction on 30 July, it may get disputed/refunded or even frauded. so, SCB is putting that clause to manage the expectation* whereby a transaction MUST be posted within 7 days from a transaction took place. when it get posted, it's finalized into your cc account. so, cashback calculation can be properly done.

to manage the expectation*: i guess many users are complaining/asking for cashback status early of the month, or refund/disputes cases, or cb calculated wrongly due to long unposted transaction.

a refund/dispute AFTER a transaction get posted is managed separately via chargeback process, which is long and tedious as it involves many parties and multiple cycles, depending on the nature of chargeback reason.

This post has been edited by cybpsych: Jun 8 2019, 08:53 AM

should always calculate with the AF.

if got waiver, then it's a bonus.

technically can. the Petrol MCCs are similar to HLB Wise's where you get 10% cb for reload tng at petrol stations.

// Petrol spend is define as transaction with MCC of 5541 & 5542 //

more important is to find stations that doesnt impose surcharge.

This post has been edited by cybpsych: Jun 8 2019, 04:55 PM

oo yeah hor

rm85 is out of the picture starting 1 July

effective 20 September 2016

effective 1 Apr 2014: petrol up to 10% (capped rm70)

before 1 Apr 2014, was petrol up to 15% (capped rm48), but this one need spending rm2999+

This post has been edited by cybpsych: Jun 10 2019, 09:23 AM

you only get the cashback later this month

yes, because petrol/autobill has no cap.

up to bank's discretion

100% waiver is not guaranteed also, right?

since she's not been using it, there's no good reason for full waiver, right?