Tried applying few years ago but got rejected. Nothing interesting especially credit cards are not main mode of payment in China.

I see, because I’ve ICBC Bank in China maybe might benefits for me if travel to China

I want to change my conventional credit card to islamic credit card within same bank. It just my own preferences. Question is I still have few installments on the conventional card and monthly insurance deduction. Do I need to settle the installment first before switching?

Contact the bank to see if the installment can be transferred to the new card. Contact your insurance agent for the insurance part.

No, it has no relation with ICBC China. I asked before.

At what age do you all get your first credit card?

18 years old as a supplementary card holder, 24 years old applied my own principal card when I just started working.

how is conventional CC different from islamic. heard islamic cannot charge interest?

Bank interest is haram in Islamic Banking.

Charge you a fee first, if you pay the statement balance by the due date, you get full rebate.

Eg Maybank Islamic Platinum Credit card
Monthly management fee is RM15000
If you pay your statement balance in full by the due date, you will earn a rebate of RM15000. Otherwise your rebate is less than RM15000.

This post has been edited by ClarenceT: Aug 25 2020, 07:21 PM

No free lunch in this world, they will charge you using different term.

It is called management fees under Islamic

yup now i think the diff is that the interest does not compound, unlike conventional

Wonder is bank accepted application using SSM, bank statement for self-employed instead of EA, EPF?

Or their standard compulsory must see the EPF only? How self-employed get the credit card?

refer respective bank's requirements according to your income status

example from Maybank



This post has been edited by cybpsych: Aug 27 2020, 09:51 AM

Retirees cant apply.

can, if you retire before 65

How? teach me please.

Give Form BE 2019 (due on 30/6/20) or Form B 2019 (due on 31/8/20) only. Some banks may ask for more documents, I will politely ask the officer to withdraw the "application".

Some bank like Hong Kong and Shang Hai they diedie want EPF. Even you have latest BE.

They dont know EPF can ask someone who hv company or business to do it even you didn’t work there. Don’t know how they think.

A lot of people are not required to pay EPF, eg own business, rental income, bank interest, dividends, company director, freelancers, professionals. Some junior bank officers are really

This post has been edited by ClarenceT: Aug 27 2020, 12:14 PM