LATEST UPDATE: SST will come into effect on 1 September 2018, RM25 for each principal and supplementary card
For more info, please refer individual bank websites or Customs Website

Proceed from v19: https://forum.lowyat.net/topic/3802512

**Those wishing to get an agent to assist with your credit card application please post your request at the service noticeboard section as this section is about discussion on credit card issues and not for promoting or seeking agent.

Knowing your cards http://www.bankinginfo.com.my
1. Visa
2. Mastercard
3. JCB
4. AMEX - Charge or Credit Card
5. Diners Club
6. China Union Pay (中国银联)
7. Etc.

A. Some latest shortened cc thread links to refer easily: contributed by victorywp & alexwsk
AEON Credit Cards v4 https://forum.lowyat.net/topic/3929192
AEON Big v1 https://forum.lowyat.net/topic/3712657
Alliance Credit Cards v1 https://forum.lowyat.net/topic/2474465
Al-Rajhi Charge Card v1 https://forum.lowyat.net/topic/2397964
AmBank Credit Cards v3 https://forum.lowyat.net/topic/4444990
American Express v3 https://forum.lowyat.net/topic/1724607
CIMB Credit Cards v7 https://forum.lowyat.net/topic/4475541
Citibank Credit Cards v4 https://forum.lowyat.net/topic/3672923
HLB Wise v8 https://forum.lowyat.net/topic/4012607
HLB Fortune v1 https://forum.lowyat.net/topic/2161445
HLB Mach v1 https://forum.lowyat.net/topic/2421215
HSBC Credit Cards v2 https://forum.lowyat.net/topic/3457783
MBB2Cards Gold / Platinum v19 https://forum.lowyat.net/topic/4409607
MBB2Cards Premier v2 https://forum.lowyat.net/topic/3894106
MBB Visa Signature / FCB VS v2 https://forum.lowyat.net/topic/4067746
MBB Islamic Ikhwan V3 https://forum.lowyat.net/topic/4103568
MBB MU Visa v1 https://forum.lowyat.net/topic/2105923
Maybank Credit Cards https://forum.lowyat.net/topic/671053
PBB Credit Cards v4 https://forum.lowyat.net/topic/4638317
PBB World Master v1 https://forum.lowyat.net/topic/3877948
RHB Credit Cards v1 https://forum.lowyat.net/topic/2855886
Standard Chartered Credit Cards v4 https://forum.lowyat.net/topic/4095341
UOB Credit Cards v9 https://forum.lowyat.net/topic/4527718
Others:
Balance Transfer v4 https://forum.lowyat.net/topic/3918057
Places to use Amex v3 https://forum.lowyat.net/topic/3532126
BigPay v2 [url=https://forum.lowyat.net/topic/4623336]https://forum.lowyat.net/topic/4623336[/ur]
Debit Card v3 https://forum.lowyat.net/topic/2048731
Credit Card Foreign Exchange Rate Forex v1 https://forum.lowyat.net/topic/1845691
SMS Alert for Credit Card v1 https://forum.lowyat.net/topic/2195645
Pumping Petrol with Credit Card v1 https://forum.lowyat.net/topic/1798403
Cross Border Transaction Fees https://forum.lowyat.net/topic/2519936
TnG v1 https://forum.lowyat.net/topic/3427778
Reload TnG v3 https://forum.lowyat.net/topic/3757650
Loyalty Cards v1 https://forum.lowyat.net/topic/2843552
Suspicious Telephone Calls v1 https://forum.lowyat.net/topic/1833743

1. Annual fee
Annual fee free credit cards :
- CIMB Direct Access
- CIMB Bank
- American Express Green charge card & American Express Gold credit card
- Public Bank (**minimum swipes apply)
- Alliance Bank (**minimum swipes apply)
- UOB Bank (**minimum swipes apply)
- Maybank (**certain cards only)
- Citibank Choice (**minimum swipes apply)
- Hong Leong Bank Essential VISA (**swipe at least twice a month OR spend RM8,000/year)
- AmBank (**certain cards only)
- OCBC (**minimum swipes apply)

2. Credit cards payment methods - http://forum.lowyat.net/topic/1802980

3. Tap and Go Cards - no signature required


4. Credit Card linked to Petrol
- OCBC Titanium MasterCard; all petrol stations = 5% cash back
- Citibank Cash Back VISA Platinum; all petrol stations = 5% cash back
- UOB; BHP Petrol = 2% cash back (UOB One only), 1% cash back (others)
- Citibank; SHELL (This only applicable for Citibank Shell, Citibank Cashback Plat applies to all petrol stations)
- Maybank/Maybank Islamic; PETRONAS = 5x Treatpoints
- CIMB Bank/CIMB Islamic; PETRONAS = 2% cash back
- Public Bank ESSO/Mobil VISA; ESSO/MOBIL = 0.5 - 5% (tier-based)
- RHB Travel Money; all petrol stations = 2% cash back (5% cash back every first weekend)
- AMBank Carz; all petrol stations = 2% cash back (3% for Gold and 5% for Platinum, provided there is an outstanding)
**All range of American Express charge & credit cards give 2x MR/TP on petrol purchases whilst AMEX Gold credit card and Maybankard 2 AMEX give 5x MR/TP. This applies to all petrol brands.
For more info on pumping petrol using cards, please refer to this thread: https://forum.lowyat.net/topic/1798403

5. Standard financial charge (interest rate)
Tier 1; 13.5% p.a.
Tier 2; 16% p.a.
Tier 3; 17.5% p.a.
Cash advance: 18% p.a from the date of withdrawal + 5% advance cash withdrawal fees
Late payment: 1% of outstanding or RM 5 whichever is higher.
Minimum payment amount: 5% of outstanding or RM 25/RM 50 whichever is higher.
Sample calculator can be found here

6. Complimentary Cards
1) HSBC Premier - deposit and maintain RM200k
2) Citibank Citigold - deposit and maintain RM200k
3) Standard Chartered Priority Banking - deposit and maintain RM250k
4) UOB Privilege Banking - Opening deposit of RM300k with maintenance of RM200k
5) OCBC Premier Banking - Opening deposit of RM300k with maintenance of RM200k
6) CIMB Bank Preferred Banking - deposit and maintain RM200k
7) Hong Leong Bank Priority Banking - deposit and maintain RM300k
8) Alliance Bank Privilege Banking - deposit and maintain RM200k
9) RHB Bank Premier Banking - deposit and maintain RM200k
10) Public Bank Red Carpet Banking - deposit and maintain RM500k or a Mutual Gold customer with a total combined deposits of RM200k in savings/current/fixed deposits.

7. American Express - https://forum.lowyat.net/topic/1724607

8. International Transactions / Forex - http://forum.lowyat.net/topic/1845691

9. Credit Card Cancellation - http://forum.lowyat.net/topic/1814307

10. Cash Advance fees


11. Verified by Visa and Mastercard Securecode
Verified by Visa
Participating banks :

MasterCard SecureCode
Participating banks :


12. Balance Transfer - http://forum.lowyat.net/topic/3354596

13. RM50 Government Service Tax - NO LONGER IN FORCE from 01/04/2015

14. Airport Lounge Access - https://forum.lowyat.net/topic/4018832

15. Previous versions


16. Useful information
BNM issued guidelines in 2003 that limits consumer liability in cases of fraud to only RM250. See the actual document here. (Courtesy of tishaban) (thanks awaynoway for the updated link)

Credit information:
CCRIS: http://creditbureau.bnm.gov.my/
CCRIS report - go to Bank Negara yourself and use self-service terminal to get report with MyKard (you need to go as need thumb print).
CCRIS report via email - http://creditbureau.bnm.gov.my/reportobtain.html
CCRIS online / eCCRIS: Register at BNM's kiosk for the very first time. Temporary PIN will be sent to registered phone number - https://eccris.bnm.gov.my/
CTOS: http://www.ctos.com.my/

17. FMB - Financial Mediation Bureau
https://www.ofs.org.my/en/

18. AKPK
- An agency set up to provide financial education, financial counseling and debt management
http://www.akpk.org.my/

Link to AKPK thread : http://forum.lowyat.net/topic/876712

19. Other Links By Users
Introduction to Credit cards 2016 by Gen-X
Free Credit Card Tutorial by Gen-X

20. Credit Card/Charge Card Reward Points
Validity of numerous credit card/charge card reward points
1) HSBC - up to 3 years
2) Citibank - reward points are evergreen
3) Maybank - 3 years (effective from 1st August 2013)
4) CIMB Bank - 3 years
5) Alliance Bank - reward points are evergreen
6) Standard Chartered - Pending reward system update
7) American Express - Membership Rewards Points are evergreen
8) Hong Leong Bank - up to 3 years
9) AmBank - up to 3 years
10) RHB Bank - 3 years for Platinum and 2 years for all cards ranked lower than Platinum
11) UOB - 3 years

21. Premium Credit Cards and its requirements
1) CIMB & DA World Mastercard/Visa Infinite - Min Income Requirement : RM 200k
2) CIMB Enrich World Mastercard - Strictly by Invitation (those with card usage above RM 500k per annum may be considered)
3) CIMB VISA Signature - Min Income Requirement : RM100k
4) Maybank World Mastercard - Min Income Requirement : RM 240k
5) Maybank Visa Infinite - Min Income Requirement : RM 240k
6) MBF World Mastercard - Min Income Requirement : RM 200k (By Invitation)
7) Standard Chartered Visa Infinite - Only for Priority Banking customer (RM 250k in deposits)
8) RHB Visa Infinite - Strictly by Invitation Only
9) HSBC Premier Mastercard - Only for HSBC Premier customer (RM 200k in deposits)
10) HONG LEONG Bank VISA Signature - Min Income Requirement : RM180k

22. Best Credit Cards and its categories - Click on ME
Please note these are just recommendations based on normal spending. High spending or specific usage individuals might want to look at other cards.
1) Classic Card = Hong Leong Essential
2) Gold Card = Alliance Younique / Maybankard 2 AMEX Gold
3) Titanium Card = OCBC Titanium
4) Platinum Card = Alliance Platinum / Citibank Cash Back Platinum / AMEX Platinum Charge Card (assuming AF is waiveable) / Maybankard 2 AMEX Platinum
5) Visa Signature = EON VS
6) World MasterCard = Maybank WMC (assuming AF is waiveable)
7) For 1st time CC applicants with Degree: DA (Direct Access @ CIMB)
Looking for recommendations? Please refer to this thread: http://forum.lowyat.net/topic/4161836

23. Credit Cards with Complimentary Travel & Accident Insurance
1) All HSBC/HSBC Amanah credit cards
2) All Citibank credit cards (except all co-brand cards, cash back)
3) All Public Bank generic credit cards
4) All Maybank generic credit cards
5) All AMEX charge card & AMEX Platinum credit card
6) Alliance Bank Platinum

24. OCBC Titanium Credit Card rebates - http://forum.lowyat.net/topic/3231432

25. Reload Touch n Go using credit cards - https://forum.lowyat.net/topic/3757650

26. Measures on Credit Cards by Bank Negara - http://forum.lowyat.net/topic/1796957

27. Beware of cross border charges by HLB, CIMB and SCB - http://forum.lowyat.net/topic/2519936
Sample case: Apple Store Malaysia by rickkywong using HLB credit card; wshoh using CIMB

Confirmed no cross border charges: Ambank (by rickkywong)

This post has been edited by alexwsk: Sep 4 2018, 09:32 PM

FAQ

1. Can I apply new credit cards using existing credit card which is more than one year?
NO

2. Can I apply new credit cards by pledging Fixed Deposit?
Depends on individual banks, some will accept and some will not

3. How does credit card works?

Courtesy of iMoney.my

4. How to request your credit report?
http://creditbureau.bnm.gov.my/reportobtain.html

5. Links by Gen-X, for your reading pleasure
Introduction to Credit cards 2016

6. How does the interest free 20 days period work?
7. Need recommendation on which credit card to apply? Ask here - http://forum.lowyat.net/topic/4161836

8. How does Easy Payment Plan (EPP) work?
https://ringgitplus.com/en/blog/Credit-Card...-Explained.html

9. Why is my credit card application not successful / fail?
https://ringgitplus.com/en/blog/Credit-Card...t-Rejected.html

10. How to report debit card / credit card surcharge imposed by merchants / retailers?
Follow the steps listed here

11. What is my credit score?
You may key in your financial information in the website below to get a rough estimate of your credit score.
https://www.myfico.com/fico-credit-score-es...ator/estimator/

12. What is statement balance and outstanding balance?

QUOTE(#Victor @ Nov 23 2019, 01:48 PM)

Statement balance:	The amount you owed on the day the statement was prepared. It includes any finance charges and late fees.
Outstanding Balance:	The amount you owe the Bank on purchases made with your credit card. This is the amount outstanding for your repayment, but a portion of it is the minimum repayment that must be settled, otherwise an interest is charged on this minimum repayment.

This post has been edited by alexwsk: Nov 24 2019, 05:21 PM

Courtesy of Gen-X: most of the links might no longer be accessible

Introduction to credit cards by Gen-X 2016

I just published my article titled Credit Card Effective Cash Back Rate. In this article I compared the Maximum Effective Cash Back Rate you can earn with the Maybankard 2 AMEX versus OCBC Titanium MasterCard versus Hong Leong Bank Wise Visa. Plus also if you are thinking of getting the CIMB Cash Rebate Platinum credit card to earn 5% cash back from online transactions, you won't want to miss this article.
In order to optimize the returns from our credit cards usage, we have to use the right card at the right place and time. There are so many credit cards out there, and if you are clueless, check out my articles below and maybe you can earn yourself some pocket money.

New 2013 Credit Cards - credit card review of the CIMB Cash Rebate Back Platinum, Citibank Prestige MasterCard World Elite, Citibank PremierMiles AMEX, Hong Leong Bank Wise Cash Back, RHB Visa Signature and versus the Standard Chartered Bank WorldMiles MasterCard.

If you are new to credit cards, Click here to my Credit Card Tutorial Page. After finishing this FREE tuition, you'll be an expert on credit cards and you might end up collecting cards like me (click here to see my card collection) to optimize our returns

Hotel Online Room Booking with Credit Cards - some of our credit cards offer discount when we use them to book hotel online via 3rd party sites. But is the discount really good? This article will show you that you need to always compare the prices at check out and not at the front page.

Maybank Visa Infinite - The Best Credit Card for Overseas?

Maybank 2 Cards Premier(American Express Reserve and Visa Infinite Combo) - Comprehensive Review

Click here to read my article titled - The Best Credit Card in Malaysia - Is There Really One?

For your own good, you must click here to read my article on Credit Card Fraudulent Charges and SMS Alert AND click here to Suspicious Telephone Calls on CC matters Thread.

To read my review of the Maybankard 2 Cards, click here. The Maybankard 2 AMEX rewards you UNLIMITED 5X Treats Points everyday PLUS 5% cash back on Saturdays and Sundays. You can get this MBB 2 Card within 2 hours if you go apply at Maybankard Centre at 1U (New Wing), Gardens (near Robinsons) and KLCC (Lower Ground). Please note not Maybank branch. And the most complete guide to Maybankard 2 Cards is right here in LYN - click here to Maybankard 2 Cards Thread and read page#1.

And if you want to convert your credit card's reward points to Enrich Miles, click here to read my article My Son Is Going to The USA Again on Business Class. With credit cards offering 5X points, we can earn Enrich Miles faster. But more importantly, what is the conversion rate of our reward points to Enrich Miles. And in this article I will show you for local usage it is the Maybankard 2 Cards Gold and Platinum and for overseas MBB Visa Infinite rate is one of the best in town.

Click here to me article titled The Best Cash Back Credit Card Combination where I will show you how to optimize cash back returns for increments of RM500 spending a month.

And click here to read my review of the Maybank Islamic MasterCard Ikhwan Credit Card which is FREE FOR LIFE and gives you 5% csah back for petrol.

And to see my list of The Best Top 10 Credit Card in Malaysia 2015 - click here to my Credit Cards Ultimate Showdown 2015

This post has been edited by alexwsk: Aug 20 2018, 05:01 PM

Congrats on V20!

Quite a good spread of info above. Will take some time to digest...

Dear all,

Not sure whether this is the correct place to ask.

Annual gross income more than 30K. Works in a MNC company

Tried applied CC with most banks but none was approved. Reasons being might because i dont have any commitment with any banks (loans etc).

Any idea which banks which is more lenient in this kin of issue?

Thanks

Does purchasing airline tickets via their website counts as "online purchase"? Would i be able to get cashback if i use CIMB cashback card for this?

No CB on Air Ticket with CIMB CR

Did u applied with your salary crediting bank?

Wanna ask for example if i pay HLB CC from cimbclicks, does it charge any extra fees?

It is either RM 0.11 for Interbank GIRO (IBG) transfer, or RM 0.53 for (IBFT) Instant transfer.

Alright tqtq!

Just a question here.

My partner wants to apply for maybank cc, she is an expat and have salary only rm6,000 would she be able to apply one? Currently she has one cc from cimb. And with that salary what is the cc limit shes gonna get?

FYI, you can post HERE instead based on the detail to be provide

Hi,

Yes i did applied with that bank also. Rejected also due to no commitment found

hmm if you really want to apply CC maybe can pledge FD for Maybank CC . Minimum of RM5000 FD needed.

Hmm... FD is my final option. Any other option?

She can apply, no issue so long banks approve. Usually CL for foreigners is based on her monthly basic.
My colleague applied M2Cards back in 2014 and got it with CL of RM 10k which was her monthly basic salary that time.

hey guys! i'm back with more question to optimize my spending!
I basically have a few utilities to pay:
1. unifi & electric
2. Great Eastern insurance bill

what's the optimized way to pay these? especially for insurance bill. Also I prefer maybe Citibank (cos i'm a loyal customer) or some card that's free for life (enough card problem).

Any thoughts?

would be helpful to share the average monthly amount for each

also, what is the company for Electric?

Good point bro, monthly I have:
TNB RM100
Streamyx RM100
Insurance RM200

Cheapo here... Anyway I currently spend a lot online so I almost max out my cash rebate for UOB Yolo, CIMB CR, PBB quantum. All other stuff will go to Citibank CR. I think I can at least get some points for those utility, even if I'm not getting rebate for it.

This post has been edited by chrisderick88: May 8 2017, 11:05 AM