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Credit Cards Maybankard 2 Gold & Platinum Cards V18, 5% with M2 Amex on ALL WEEKEND spend

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Vio
post May 12 2017, 08:15 PM

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hello guys, just got the card but im kinda lost . the generationsxyx blog is no longer open for reading.

1. whats the point of having 2 , visa gold and Amex when only Amex is entitled for most of the cashback?

2. im confused, item 1 in first page states theres a weekend 5% cashbback but item 4 says no more 5% weekend rebate

3. WEEKEND 5% CASHBACK TERMS & CONDITIONS, after going through it says only AMEx is entitled for it. so what about the other card, visa gold any cashback for this ? if yes how many %

4. is there any cashback for both cards on weekdays for like petrols and groceries (tesco)

This post has been edited by Vio: May 12 2017, 08:15 PM
Vio
post May 15 2017, 04:52 PM

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QUOTE(fly126 @ May 12 2017, 08:24 PM)
Read This, Latest Update... nod.gif

Maybank 2Cards
» Click to show Spoiler - click again to hide... «

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QUOTE(SzeMeng76 @ May 12 2017, 08:28 PM)
1. this card is combo with 2 cards, u cant cut either.
2. 5% weekends cash back is revised benefit start from mid of March 2017, before that only 5% weekends cash back on dining only.
3. yes, only AMEX have 5% weekends cash back, Visa gold no cash back, but can earn RM1=1 treatpoint (see TnC)
4. no cash back for weekdays
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thank you all so much!
Vio
post Jun 3 2017, 10:03 AM

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QUOTE(cybpsych @ May 31 2017, 07:01 AM)
use above as reference.

think statement date as your telco postpaid bill. they bill u once a month, for previous month's usage. same to cc. they issue you statement for previous month's spending.

best thing for cc is there is 20-day interest free period to clear the statement amount.
Aeon cc is slightly different than banks. their statement date is fixed to 10th of the month, and the payment due date (PDD) is fixed to 2nd of the following month. that's around 22-23 days between statement date -> PDD.

your example above is correct.
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hello guys, sorry for asking this , im kinda lost, how does 1 cycle starts and ends? because i've exceed my 5% CB capped would like to pay my bills for the cycle when it starts

i activated and used for the 1st time on 13 of may, does that means that my bill date starts on the 13 of may as well? and the next cycle begins on the 14 of june?
Vio
post Jun 3 2017, 10:07 AM

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QUOTE(cybpsych @ Jun 3 2017, 10:05 AM)
cashback cycle is by calendar month.

it has nothing to do with your statement cycle, which can be varied.
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if i may, can i ask how do i determine the dates/cycle in order for me to fully utilize the 5% cb for each month
Vio
post Jun 3 2017, 10:20 AM

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QUOTE(cybpsych @ Jun 3 2017, 10:10 AM)
already said, cashback is by calendar month. that IS the cashback cycle.

now is June. the cycle starts from 1 June to 30 June. get cashback on 2 July (viewable in M2U).

next cycle is July, starts from 1 July to 31 July. get cashback on 2 August (viewable in M2U).

get the pattern?
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ah ok so sorry for that. and thank you so much for explaining.
Vio
post Jun 9 2017, 02:59 PM

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QUOTE(SzeMeng76 @ Jun 7 2017, 03:48 PM)
Can, I just added.
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may i knw how long did you wait to get the pin to show up in your transaction?
ive waited for 2 days but ntg is shown in the transaction page
Vio
post Jun 19 2017, 01:32 PM

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QUOTE(gastacopz @ Jun 19 2017, 01:19 PM)
wah..my last nite transactions not yet captured in m2u...

if captured today..then wasted my cb
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are you referring to like transaction was made on 18.6.17 (sunday) but on 19.6.17 monday only was reflected in statement?

will the transaction then be counted on 18.6.17 or 19.6.17 for the 5% ?
Vio
post Jun 19 2017, 02:04 PM

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QUOTE(fruitie @ Jun 19 2017, 01:45 PM)
Last night should be OK. It will take some time to be posted.
What matters is transaction date, it can be posted later but transaction date is still 18th June, still entitles for cash back.
Posting date is only important if you want to maximize cash back and at the last few days of the month, if it is not posted in the same month, it will be calculated as following month's quota.
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many thanks again rclxms.gif rclxms.gif
Vio
post Jun 20 2017, 09:59 AM

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QUOTE(gastacopz @ Jun 19 2017, 03:42 PM)
yes..summore the transaction at 11.40pm ++ ohmy.gif

by logic, should be able to get 5% right?
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according to fruitie what matters is the transaction date , so even if its 11.59 its still counted that day too not?
Vio
post Jun 28 2017, 10:01 AM

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can someone kindly explain to me how do i clear of my statement balance please? i transferred the amount twice, money was deducted but the amount is still there.
Vio
post Jun 28 2017, 11:13 AM

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QUOTE(cybpsych @ Jun 28 2017, 10:04 AM)
can you explain more?  doh.gif

from what bank?
when?
how? ibg? ibft?
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i did the transfer from the maybank account which is linked to the card


QUOTE(fruitie @ Jun 28 2017, 10:58 AM)
Statement balance will not be shown as reduced... Check out your outstanding balance as it will be reduced.
Click on your CC transactions and you will see money is in already provided you are using M2U (instantly) or IBFT or GIRO later.
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transaction shows money has been received but the amount is still there and i transferred twice sad.gif

user posted image
user posted image
Vio
post Jun 28 2017, 01:48 PM

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QUOTE(fruitie @ Jun 28 2017, 11:15 AM)
Check out your total outstanding amount, it should be reduced already. Statement balance will not show reduction.
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eh shit, sorry i uploaded the same image twice

user posted image

the statement balnce still there

QUOTE(cybpsych @ Jun 28 2017, 11:16 AM)
show how you know transfer not received?

which item are you checking? statement balance? or oustanding balance?
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statement balance sir. i think its received coz it the amount which i transferred has been deducted from my saving accounts

This post has been edited by Vio: Jun 28 2017, 01:49 PM
Vio
post Jun 28 2017, 01:54 PM

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QUOTE(cybpsych @ Jun 28 2017, 01:52 PM)
that RM17.05 statement balance? that figure doesnt change until next statement date le.

observe the Minimum Payment and Outstanding Balance. all ZERO, meaning you dont owe them anymore.
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yes that figure, ah didnt knw that so will the 17.05 be creditted back to my account? as i've transferred a total of 3 times, 1st time early of this month and twice yesterday
Vio
post Jun 28 2017, 02:19 PM

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QUOTE(cybpsych @ Jun 28 2017, 01:56 PM)
either leave it there for your next statement or call CS to transfer any excess amount in CC -> SA
p/s: since M2U doesnt allow overpayment to your CC, i'm curious if you really overpaid to CC or the excess amount already returned to your SA. Better call CS to find out as they can check any floating amount in your accounts.
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not sure why but it didnt stopped me when i did, the 2 trans (RM17.05) were both made on the same day but different time

user posted image
Vio
post Jul 3 2017, 11:50 AM

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anyone knows whether is it possible to check the exchange rate paying with AMEX? will like to do a comparison in future to avoid this from happening again.

i bought an airticket which was 388.38euro and the exchange showed 18xx

but saw RM1950 was charged instead.
Vio
post Jul 3 2017, 08:28 PM

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QUOTE(David83 @ Jul 3 2017, 12:27 PM)
Bank will charge certain percentage as processing fee (1% for VISA/MC and 2.5% for Maybank AMEX).
You need to view from AMEX International for the exact forex rate on that transaction date that they used.
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ah thank you, didnt knw that thought they charged the same for debit
Vio
post Jul 5 2017, 10:01 AM

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QUOTE(ChristWolves @ Jul 5 2017, 09:16 AM)
When transacting with external currency, i.e. GBP USD EUR, IMHO it is better to pay with AMEX due to slightly lower exchange rate?

Anyone can verify this? Btw can get 5X TP also, win win situation.
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i think AMEX charges higher exchange rate not? bought an airticket , website showed 388.38euro = 18xx , so i decided to use amex and it came out to be 1950


and also bro David83 did mentioned amex charges 2.5% processing fees

This post has been edited by Vio: Jul 5 2017, 10:02 AM
Vio
post Jul 6 2017, 08:34 PM

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QUOTE(fruitie @ Jul 5 2017, 10:20 AM)
Try to pay during weekends to get another 5% CB.
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will it be worth if lets say i've reached my 5%CB ? also does AMEX impose the processing fees for all foreign currency?
Vio
post Jul 9 2017, 01:34 PM

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Hi guys im kinda confused, can anyone kindly help me out with this?
what does this means?

why is statement and payment due with a different date?

Outstanding balance: RM461.17
Statement balance: RM250.02
Payment due date: 28 July 2017
Statement date: 8 July 2017
Vio
post Jul 10 2017, 10:43 AM

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QUOTE(wkphang @ Jul 9 2017, 01:42 PM)
Outstanding balance: RM461.17 ==> this is what you owe the bank.

Statement balance: RM250.02 ==> normally people pay statement balance.

Payment due date: 28 July 2017 ==> by 28 July 2017 you need to pay, else late charges, etc will add to your acc the following month.

Statement date: 8 July 2017 ==>this is when your statement is ready to be generated.

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from the above, as per you 8 july 2017 statement, your statement balance that you need to pay is RM 250.02.

While the RM 211.15, i think you charge to your CC after the statement date? in this case, the RM 211.15...
[[Edit - Adding Vio's quote, just notice it is missing after i post]]
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QUOTE(fruitie @ Jul 9 2017, 01:45 PM)
You only need to pay RM 250.02 on 28th July.

Outstanding balance: Statement balance + transactions captured after 8th July
Statement balance: Your previous transactions captured from 9th June to 8th July
Payment due date: 20 days from your statement date
Statement date: Your bill cycle date, it means your cycle is from previous month's 9th to current month's 8th.

So if you have a huge planned purchase, you can buy on 9th July and you only need to pay on 28th August, that's almost 50 days free interest. biggrin.gif
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i think so, cant remember haha. thank you both so much for the detail explanation! also will like to ask if lets say i overpaid, i clicked the outstanding amount and i paid 461.17 then again i paid the statement balance Rm250.02, do i have to call CS to get them to refund or will it be credited back next month?

This post has been edited by Vio: Jul 10 2017, 10:58 AM
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