Ini moderator punya pasal ni

But seriously thanks for leaving the old one open eventually until this one could be started.

Just spend to the amount needed to get the cashback, then keep in drawer, no? If you're looking for benefit for signup, why bother about the long-term cashback of the card?

Anyone had this situation with CIMB CR before? I purchased a phone on lazada (max out the RM30 cashback for online), and now am returning the phone as it's defective.

I assume the cashback will be withdrawn, but if I repurchase similar price phone (in the same billing month) will I still get the cashback for that new purchase?

Those who have lots of cards and want to apply more, reducing CL means bank more likely to approve your next card.

In fact I dunno why people so keen to increase CL for cards with capped benefits. 35k CL on a card which basically gives you nothing after the first RM600/1000.... any purpose? If emergency need to pay, normally possible to use multiple credit cards anyway, so I'd rather have that 35k spread over 2-3 cards which can have complementary benefits.

Lazada often give out 'we miss you' vouchers which are RM15 off (RM100 minimum spend). But you can find them at voucher websites too, even if not emailed to you.

Some of us intentionally lower the CL (in fact CIMB CL is one of my higher ones). What's the point to have high CL with a limited-benefits card? RM600 max spending to max out the online cash rebate (my main focus), no free BT offer to utilize any additional CL anyway....

People steal your info, the loser is bank and merchant not you. As long as you respond quickly and report transaction to bank when you get the SMS or call you won't have to pay. Even if have to pay there's a liability limit of 200 ringgit or something.

Hope you taking cash from him, otherwise you're basically giving him a RM11,000 unsecured loan =)

If cash rebate means my cash rebate platinum is now negative balance, can the balance be transferred to my CIMB savings account?

That doesn't answer my question.

High credit limit if its approaching your annual income amount then can reduce your chances to get CC. I've had that case before, just cancel a card or reduce the credit limit of a useless card and then application goes fine.

But can't be too stingy as well. High credit limit tells bank B that bank A trusts you. It's not just the credit limit that matters, amount of utilization also matters. So if you owe banks 20k out of 30k limit, doesn't look as good as if you owe them 20k out of 100k limit.

And of course emergency situation, your kid in hospital require surgery, having credit limit better than not. Especially if your high credit limits are for cards with 0% or low interest balance transfer plans. Tbf CIMB card is kinda lousy for that purpose....

Yeah. Anything which is 'could win something' is straight no no for me.

Yes my cancelled card also appears like that.

The 10% is a scam though, since cashback needs to be considered on total spend.

Only really worth it if (for example) you have a fixed monthly spend that you can't get much CB for with other cards (e.g. if you already spend 1k a month on monthly insurance deduction or some regular gym payment) then you only need to spend 1k on groceries a month to get the CB. Not many people fit into that category I think.