I had been rejected by 2 bank (Alliance & Citibank) for credit card application in recent 3 months. I wonder why.
Currently have 4 cards: PBB Quantum, Maybank 2 Gold, MBB FCB, RHB Smart Value.
Exceeded the total Credit Limit for my salary???

Yeah, My guess is I exceeded the credit limit for my salary.. Applied through Ringgit Plus and Compare Hero, both bank not even called me for the application.

With e-invoice implemented in banking, it seems gov will have first hand info on our spendings in credit card which offer cash back.

Yes, it is e-invoice for cashback paid to cardholders and i had no issue with that. However, the statement "which includes the amount owing by cardholders as well as payment / credit to cardholders" stated more than that. If my understanding is not wrong, bank are require to include the outstanding balance cardholders owe to bank in the e-invoice as well, not only cashback.

Of course, all the transactions performed using credit card are traceable. But for me, most of my credit card transaction are to top up ewallet for the cashback or campaign cashback and with cards from multiple banks, my total "spendings" with credit card exceed my salary. With these records (total spending > salary), I can foresee every year will trigger audit from LHDN. Even though I can explain and show the records but who would like the hassle of having yearly audit with them.

And yes, I will start to reduce top up into ewallet. Credit card for actual spending only.

This post has been edited by 1hoohoo1: Mar 17 2025, 02:37 PM