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Credit Cards Maybank Islamic MasterCard/PETRONAS Visa Ikhwan V3, Another Fantastic Cash Back Card

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al_madd
post Aug 11 2017, 03:53 PM

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Hai.. How i want to optimise collection of treats points from my ikhwan card?

Bill around 1k per month..

Groceries arouns 200-700 per months..

Or i need to add amex islamic mbb to increase my treats points?
al_madd
post Aug 11 2017, 07:32 PM

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QUOTE(eddievh @ Aug 11 2017, 07:28 PM)
If really wanna add amex take mbb2gold don't take Islamic amex,Islamic only 2x treat point mbb2 amex get 5x treat point.
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Owh... Look that not an option for me since that not syariah compliance..

My application for amex islamic already approved.. Less than 24h...adoi...can cancel ar?
al_madd
post Aug 11 2017, 09:25 PM

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QUOTE(JamesBotak @ Aug 11 2017, 08:49 PM)

No offense but do you mind sharing which part of the card isn't shariah compliance?

As far as I know, aside from Islamic cc can't be used for non-halal transactions, both conventional and Islamic cc charges interest but for Islamic credit card, they call it "profit charge" instead of interest. They methodology is the same as in, if you don't pay your cc in full, interest or profit charges will be charged accordingly (interest charged depends on monthly repayment, IINM the range is from 13 ~ 18 %).

However, even if it's a conventional cc, but you pay your cc in full, you won't be charged any interest hence it's considered interest (riba) free. Isn't it better to pay outstanding amount in full to get away from interest in the first place regardless of card type rather than getting an Islamic card which has "profit charges"?

It's just my opinion. Sorry for being OT.
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No problem..that the purpose of forum...sharing our knowledge

first of all..i have little knowledge about banking and finance

As far as i know..

the system applied between islamic and conventional is totally different..including the interest, dividen, 'akad'
Yes..for now i will pay all with full amount.. but i dont know someday i will have financial problem that required me late payment for my credit card, and that time all the issue will come..

and islamic finance also concerned regarding money mixed with non compliance syariah money..thats the most important thing in islamic financing


That from my understanding...sorry if wrong info...
al_madd
post Aug 17 2017, 10:05 PM

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Do ikhwan card have paywave?

or paywave only inclusive for visa??
al_madd
post Aug 23 2018, 01:11 AM

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QUOTE(cybpsych @ Aug 11 2018, 05:17 PM)
errrr 8% vs 5%+5XTP?

this card only good for those has no special preference to petrol brand.  biggrin.gif
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Amex islamic only x2TP
al_madd
post Apr 7 2019, 09:11 PM

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I wish platinum card have more privilege as compare to platinum card of other card...huuu
al_madd
post Jul 24 2019, 11:51 PM

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How to easily terminate credit card?


My card amex ikhwan platinum under utilize ....


With SST implement..RM25 per year is a deal breaker
al_madd
post Jul 11 2021, 10:35 AM

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QUOTE(Kaka23 @ Jul 9 2021, 11:25 AM)
Boss.. how you receive the new card? Need to inform them your card going to expire? Or they just send the new card to you without you do anything?

My card going to expire in Oct..
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can call, email...they will send new card
al_madd
post Aug 1 2021, 11:12 PM

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QUOTE(sg999 @ Jul 31 2021, 06:31 PM)
Q: Which credit cards are eligible for me to get this fuel cashback?
A: You can use qualifying credit cards to top up on Setel, issued by Ambank, Citi, CIMB, Hong Leong, RHB & UOB.

I remember at first MBB petornas card entitle cb for setel , after some time revmoed.
https://www.setel.com/promotions/cardterus/
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yeah..no maybank..so irritating
al_madd
post May 27 2024, 11:57 AM

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Hai

I apply supp credit card for my wife, this is my first time apply supplementary credit card

Want to know how it work, if my wife use credit card for transaction that required secure2u, which mae app that secure2u will maybank required to approve me as principal or my wife as supplementary?

 

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