Is Alliance VI having free annual fee? I saw 400+++ on their website tho.

1. Annual Income: Enough

2. Free Lifetime Annual Fee: Yes

3. Card required for: Cash Back (CB)

4. Existing credit cards (if any):

Maybank 2 Platinum Amex - Spend RM1k every month to pay SPayLater to get RM50 CB
Maybank 2 Platinum Visa - Only use for Maybank BT but supposedly Maybank Amex also can, so planning to cancel
Alliance Visa Signature - Spend RM3k every month to get RM50 CB
HSBC Visa Signature - Balance of monthly spend is spent on this card. Planning to cancel because don't see any material benefit
UOB Preferred Mastercard - Planning to cancel because can't use on Samsung Pay

5. Interested in CC from: No preference but must be Mastercard

6. Others: Aim is to only have 3 cards i.e. 1 Amex, 1 Visa and 1 Mastercard. RM4k of monthly spend will give me RM100 CB. Would like to get good CB for the balance of monthly spend above RM4k

Thanks in advance

You cannot cancel Maybank 2 Platinum Visa if you intend to keep Maybank 2 Platinum Amex. They come in pair.

good cb Mastercard, maybe:
Maybank Islamic Ikhwan Mastercard Platinum - 5% cb capped at RM50 on petrol and groceries on Friday and Saturday
Maybank Islamic Ikhwan myImpact Mastercard - 8% cb capped at RM35 on EV charging, pharmacy, gym membership, e-hailing, public transport, etc

Maybe can consider another Amex
Maybank Islamic Ikhwan Amex Platinum - 8% cb capped at RM50 on online spend (including SPayLater)

For UOB, maybe consider change to:
UOB One Platinum - 10% cb on grocery, petrol, dining, Grab capped at RM15 per category, min spend RM1.5K (ROI 4%) (it's a Visa though)

Checked with the call center and they said that I can cancel one of my Maybank 2 cards because I am on old customer ... don't know how true though. Felt a bit offended to be honest, did they mean I am old customer of Maybank or that I am simply old?

Only those getting M2 bundle before Sep 2018 can cancel Visa/Mastercard.

Regardless, thanks for your suggestions. I'm trying to diversify away from Maybank and Alliance because I already have their cards. Was hoping for another bank to capitalise on other bank deals that may come up.

Only those getting M2 bundle before Sep 2018 can cancel Visa/Mastercard.

Must be this. I remember being one of the first to receive this card all those years ago.

update my calculator. now gives a total of 3 combination of cards to optimize your cash back. feel free to explore



https://duitgain.com/cash_back_optimizer/

Apologies if this has been posted before. Just sharing this:

https://www.reddit.com/r/MalaysianPF/s/IWnOuuFjNT