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Credit Cards Credit Card v20, Post/Ask general questions here, Please read post 1-3 before posting, tq

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aurora97	Mar 29 2024, 02:32 PM Return to original view \| Post #1
八方來財 Senior Member 3,789 posts Joined: Aug 2007	Heeellloooo Sifu/Senpai/Sensai out there, need your help for this scenario. So story goes, AA canceled a flight and I am getting a refund to my credit card of close to 11K. Previously, what I would do, I would transfer/top-up my Touch n Go Ewallet, and then transfer it back to my bank account. Unfortunately, they reduced the amount to RM1K and now they charge 1%. Do you have any methods in mind that I can transfer out the money without incurring additional cost and transfer back to my bank account? Appreciate advise
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aurora97	Apr 3 2024, 10:35 AM Return to original view \| Post #2
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(cybpsych @ Mar 29 2024, 02:51 PM) call CS and ask if you can transfer the excess $$ out (better if you have SA with them too). Tell them you already settled your cc statement but refund came later, hence the excess fund in the card. else, keep the excess in the card and treat it as advance payment to your future card spending lor. i'm sure you still gonna keep using this card, right? dont bother redirect your cc fund to any ewallets. none can handle 11k cc reload without any limitation/fee imposed. you can claim it's from 'refund'. someone else can claim others too. in the end, the same action is to "recycle cc into cash" anyway. I didn't know you can transfer excess out. I call customer service for UOB and they confirm it can be done without penalty. They will transfer it back to my savings account. Normally, i fully pay out my credit card or partially because I have other plans and the excess money I need in cash. Previously, I can do this by transferring it to TnG eWallet and cash out to bank but now this cannot be done. Amusingly, I have also overpaid some credit cards in the past and the customer service gave me a hell of a time (apparently cannot do transfer back to savings). I found a solution, which is TnG eWallet but with the 1% admin fee. No thanks. Still looking for solutions "just in case". Ultimately, I need the monies back into my savings account cause reasons... cybpsych liked this post
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aurora97	May 21 2024, 10:49 AM Return to original view \| Post #3
八方來財 Senior Member 3,789 posts Joined: Aug 2007	want to ask, say my annual salary is more than RM 200K p.a. , what is the maximum credit limit according to BNM requirement that I am entitled to have for any credit card?
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aurora97	May 21 2024, 04:02 PM Return to original view \| Post #4
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(Human Nature @ May 21 2024, 01:41 PM) For cardholders earning RM36,000 per annum and less, maximum credit limit extended to a cardholder shall not exceed two times their monthly income per issuer. Not specified for more than that pa. Ya, that's what I saw as well but I just wanted to know for salary above 36K p/a, what is the discretion or the yardstick they use. Can't be them giving you RM 1 million credit for no basis.
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aurora97	May 24 2024, 10:16 AM Return to original view \| Post #5
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(hye @ May 23 2024, 05:17 PM) May you enlighten us as to why you wanted to seem to strongly wanting to know how the CL award will be calculated for salary above RM36k p.a. ? It's pretty odd because some banks have a section asking how much you want to increase your limit by. Say currently my limit is RM 50K, can I ask for another RM 50K? Is there like a formula, basis, method used by Banks to determine maximum credit limit for those earning RM 36K p.a. above or the Bank woke up one day and chooses violence and decide to reject your credit limit increase request? I have my reasons... but it would be good to know. This post has been edited by aurora97: May 24 2024, 10:17 AM
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aurora97	May 24 2024, 11:27 AM Return to original view \| Post #6
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(cybpsych @ May 24 2024, 10:27 AM) you can ASK, but not necessary GET what you asked for. each bank has their internal sets of evaluations and scoring of you as an individual. it's highly internal and P&C. (unsecured) CL is risky and need to be managed. as much as they want to make money from you, they also need to contain their risk exposure if giving too much or stunting their cards business growth if giving too little. again, there is no fixed guideline on how much CL they willing to give you. they have their policies, and for obvious reasons (eg security, data manipulation, etc), it's not for public consumption (aka your curiousity) just as what you said, you "have your own reasons" and not sharing the true purpose or intention. if i'm the bank, i'd be wary of your intention in getting higher CL. Pretty sure banks have all the information they need to do their risk assessment on me, I am like an open book to them. On top of that, probably half of Malaysians information are floating in the public space after so many leaks. Ultimately, I am curious about how they determine higher CL, if its easy as below RM 36K p/a i.e. 2x of salary then I won't bother putting in an application.
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aurora97	May 24 2024, 11:51 AM Return to original view \| Post #7
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(cybpsych @ May 24 2024, 11:50 AM) they assess based on your current income documentation, ccris, etc not pluck from internet because these data could be outdated or invalid 36k pa min for them to consider onboarding you. anything above subject to assessment. even u just applied same bank recently, they may reuse same documents cuz it's still valid/fresh. usually 6mths old data is acceptable. if longer, bank still ask you to furnish latest income docs, regardless of your existing info in their system. in short, you will always be (re)assessed. no common/generic rules. each enforce their own policies. Das is good.
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aurora97	Jun 6 2024, 05:38 PM Return to original view \| Post #8
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(hustlerism @ Jun 6 2024, 11:32 AM) Can share what are the better ways? If I am not mistaken, cash advance is 5% of the total cash advanced. You might as well use TNG eWallet and pay the 1% convenience fee? After you transfer the monies out, just T/T to your bank account. Anyone, do correct me if I am wrong.
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aurora97	Sep 8 2024, 11:23 AM Return to original view \| Post #9
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(aurora97 @ May 21 2024, 10:49 AM) want to ask, say my annual salary is more than RM 200K p.a. , what is the maximum credit limit according to BNM requirement that I am entitled to have for any credit card? Hi, i am your future self, coming back to answer my own question after applying for a few cards. Basically you will get either RM 50K (mainly foreign banks) or 40K (local banks), as a gauge looks like the x2 rules still apply even though you are earning more than the RM 36K p.a. .
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aurora97	Sep 9 2024, 09:33 PM Return to original view \| IPv6 \| Post #10
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(LostAndFound @ Sep 9 2024, 04:36 PM) I... earn less than 200k but get more than 50k limit on some banks. Its not merely salary that they look at. Possible. What i am stating is just general observation and what the bank officer told me (actually they also not sure) but he told me min for the card that i was applying should be rm 50k. The banks with lower credit limit possible because i dont bank with them and do not have any relationship prior, i just want their card cause damn easy to get points! I have had some missed payment on my housing loan in the past. Which may also explain the low credit limit.
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aurora97	Oct 28 2024, 04:47 PM Return to original view \| Post #11
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(TOS @ Oct 28 2024, 01:20 PM) Sinchew's advice on using your credit card wisely. Avoid the pitfalls mentioned: https://www.sinchew.com.my/news/20241028/nation/6031012 Those are general advice. I think the rule of thumb at least for me: 1. pay full every time and all the time. 2. bust the 30% credit limit, regardless if it hurts your credit scoring. (bust limit but still observe #1) 3. don't miss payment (this one will hurt you most, as both CCRIS and CTOS will hold this data). 4. Use all cards for at least 1 year than start to cut out the losers and swap for better ones. example: for AM enrich VI, 1st year annual fee waiver but second year if spend don't exceed RM 100K, you get slapped with RM 500 annual fee. Assuming my credit limit is 50K and I use 20K every month (i.e. 40% limit), I can settle the annual fee requirement in 5 months. After that can put inside drawer and forget until i travel. TOS liked this post
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aurora97	Oct 30 2024, 08:39 AM Return to original view \| Post #12
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(hustlerism @ Oct 29 2024, 10:41 PM) If I wanted to use my credit cards overseas, do I need to call bank to activate it or no issue? PB and MB CC Be safe, best you call and tell the bank that when you intend to use your cards overseas. There are banks who are not bothered, they say don't need to inform the bank. In any case, you don't want to find out when you are overseas your card has been declined. hustlerism liked this post
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aurora97	Oct 30 2024, 11:59 AM Return to original view \| Post #13
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(hustlerism @ Oct 30 2024, 11:24 AM) I'm planning to have it as backup since im going to use Wise. What I was toldlar... For WISE, use at least once locally before you travel. Also, in some countries WISE may not be widely accepted. Have fund and stay safe abroad!
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aurora97	Oct 30 2024, 02:02 PM Return to original view \| Post #14
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(hustlerism @ Oct 30 2024, 12:33 PM) Really? I never use wise locally also... Not too sure, I just over-heard my colleagues who use wise, I choose to use my trusty credit card and hard cash to power through my trip. QUOTE How to activate Wise card in Malaysia Wise card doesn’t require an activation, but before you can use your Wise card for contactless payments you’ll need to activate it. All you have to do is use your card PIN for a transaction - this could be buying something in a store, making a cash withdrawal or simply checking your balance at an ATM. This is a one time transaction, and you can do it after you’ve received your physical Wise card. https://exiap.com.my/guides/how-to-use-wise-card-in-malaysia hustlerism liked this post
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aurora97	Nov 13 2024, 02:40 PM Return to original view \| Post #15
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(Ramjade @ Nov 13 2024, 01:04 PM) Very not worth it. I cannot spend much also. The answer is depends. If you are frequent flier than 2-3K monthly spending won't cut it at all. I don't fly frequently, which allows me to collect some points to convert to miles. You can pay for your air ticket using points. Meaning to say a RM 200+ air ticket may be offset by 15K enrich points [this was way back before the mile points got inflated]. In instances of emergency, say a death of a relative close to festive season, air tickets would cost an arm and a leg, you can also use the points to knock it off. If you intend to go down this path i.e. collect miles, then i suggestion the following: 1. identify the carrier that you intend to use most frequent (for instance, certain credit card only offer MAS example, HL VI, AMbank VI Enrich or Alliance Bank VI) 2. find the card that gives most BANG for the buck RM 4 spend to 1 Enrich miles (Ambank) or RM 3.5 spend to 1 Enrich (HL VI). 3. find a card with the least amount of exclusions, for instance, if the 2-3K monthly spend is mainly JomPay and the card excludes collection of points using JomPay, then you will get nothing at all.
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aurora97	Nov 14 2024, 05:52 PM Return to original view \| Post #16
八方來財 Senior Member 3,789 posts Joined: Aug 2007	Introduction: This "pilot" post caters specifically for CASHBACK (or HYBRID) Credit Card. Below is a collection of responses that i have gathered and also responded to in the past. It is not a recommendation of any particular credit card but gives you an overview of the credit cards feature. If you have any other The thread will be updated gradually, however if you have any credit card you would like me to review, please post your message in this thread and I will tend to it. I don't proclaim to be an expert in Credit Cards, I am also doing this to understand from the public at large, the best credit cards that are out there. Content Arrangement The content is arranged as follows: (a) credit card name (b) Min Income © Annual Fee (d) Cashback feature (and Reward Point) (e) PPL (f) Exclusion (g) Additional Note (h) Airmiles (i) Source » Click to show Spoiler - click again to hide... « template Min annual income: RM Annual Fee: Cashback: Reward point: PPL: Airmiles: Exclusion: Additional information: Source: Some content maybe omitted because they may not have that feature. Updated as at 14 November 2024 AmBank Cash Rebate Visa Platinum Min Income: 24K p.a. Annual Fee: Free for Life. » Click to show Spoiler - click again to hide... « Cashback: up to 8% cashback for online, groceries* and pharmacy*** subject to monthly spend. Other spend, you earn 0.1% with no cap. Tier ----- Monthly total spend -------------- Cash rebate-------------Monthly Capping Per Category 1---------RM 1,5000 above----------.------------8%--------------------------RM 15 2---------RM 500 - 1499.99----------.------------1%--------------------------RM 5 3---------RM 0-RM 499.99----------.------------0.10%--------------------------unlimited Eligible online transactions, all transactions made on the internet such as: - a) e-commerce/online/internet merchants in which the Credit Card details are manually entered (not swiped/inserted to any POS terminal of any acquiring banks) by the Cardholders. b) No additional Cash Rebate will be rewarded if an online transaction bears the same MCC for the Grocery and Pharmacy categories. c) Recurring payments will be excluded from the Special Cash Rebate entitlement. Grocery: Giant, AEON Group (AEON, AEON Big, AEON Max Value), Lotuss Stores, MYDIN, Village Grocer, Jaya Grocer, Cold Storage, Mercato, Econsave, Everrise and Servay. MCC:5411,5422,5451, 5499 Pharmacy: Guardian, Watsons, Caring Pharmacy, GNC, Health Lane Pharmacy, AA Pharmacy, Big Pharmacy, and AEON Wellness. MCC:5912 Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 categories - RM 45 (per month) / RM 540 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 categories - RM 15 (per month) / RM 180 (per year) Exclusions: Not sighted. (Customer service confirmed not in website, they will email separately, will post when available) Source: https://www.ambank.com.my/cards/credit-card...a-platinum-card RHB Visa Signature Min income: RM 80k p.a. Annual Fee: Waived. » Click to show Spoiler - click again to hide... « Cashback: up to 6% cashback for online, entertainment and shopping but each category capped at RM 30. Other category cashback is fixed at 0.20% with no cap. Cashback rate differ depending on monthly spend. Tier ----- Monthly total spend -------------- Domestic spend (online/entertainment/shopping) others-------------Overseas spend 1---------1000-2499----------.--------------------------------------1%-----------------------------0.2%-----------------------0.5% 2---------2500 - 3499-----------------------------------------------2%-----------------------------0.2%-----------------------1% 3---------more than or equal to RM 3.5K--------------------------6%-------------------------------0.2%----------------------2% Monthly cashback capping--------------------------------RM 30 each category--------------------unlimited-----------------RM 100 Example: if you purchase services from Agoda. You won't get up to 6% online CB capped at RM30. You will get up to 2% Overseas CB capped at RM100. Paid RM4000 (charged in RM) to Agoda, earned RM80 Overseas CB (instead of RM30 Online CB which must be "MY"). Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": 4 (including overseas) categories - RM 190 (per month) / RM 2280 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 (exclude overseas)categories - RM 90 (per month) / RM 1080 (per year) PPL Airport Lounge: x6 (Malaysia only, minimum spend of RM 500 and above in the past calendar month to earn access) Exclusions: The following transactions will not be recognised as retail spend: i. Smart Move Balance Transfer; ii. CashXcess; iii. Auto Balance Conversion or Balance Conversion; iv. Cash Advance & Quasi Cash; v. Refunds; vi. Disputed, unauthorized or fraudulent retail transactions; vii. Payment of annual fees and Card Service Tax (CST); viii. Interest or management fee payments; ix. Late payment charges, charges for cash withdrawals and any other form of service/miscellaneous fees. Source: https://www.rhbgroup.com/personal/cards/cre...card/index.html HL Wise Card Min Income: RM 24K Annual Fee: RM 98 (P) / RM 48 (S) - Terms and Conditions item 4 - There is no annual fee waiver for WISE Card. (updated as at 17 November 2024) Important Change (from 1 Jan 2025 onwards)** https://www.hlb.com.my/en/personal-banking/...1-jan-2025.html Effective 1 January 2025, please be informed that the HLB Wise Credit Card Feature will be revised for you to enjoy up to 15% cashback and more than RM780 cashback in a year. Dining: weekend 15% capped at RM20 Groceries and Petrol: weekend 10% capped at RM15 each Online: 1% capped at RM15 Minimum monthly spend: RM1000 Max monthly CB: RM65 » Click to show Spoiler - click again to hide... « Cashback: up to 8% cashback (weekends only) and 1% (weekday) for online, groceries, petrol and dinning subject to RM 15 per category and min monthly spend of RM 500. Otherwise, 0.25% for other spend or if you do not achieve RM 500 min spend. ------------------------------------------------------------------- More than RM 500---------------------------------------------- Category--------------------------------------------------Weekday----------------Weekend-----------------------Max Cashback Online Spend------------------------------------------------1%----------------------8%---------------------------RM15 Groceries & Essentials (enhanced)-------------------------1%----------------------8%---------------------------RM15 Petrol---------------------------------------------------------1%----------------------8%---------------------------RM15 Dinning-------------------------------------------------------1%----------------------8%---------------------------RM15 Others--------------------------------------------------------0.25%------------------0.25%------------------------unlimited Less than RM 500- 0.25% cashback capped at RM 1.25 Maximum (all conditions met) Potential total CB: 4 categories (more than RM 500 spend) - RM 60 (per month) / RM 720 (per year) Minimum (no conditions met) Potential total CB: others (less than RM 500 spend) - RM 1.25 (per month) / RM 15 (per year) Exclusions: All Government/JomPAY/FPX bill payment related transactions, QR Pay transactions via HLB Connect App, Cash Advances, Quasi Cash (betting and gaming related transactions), Quick Cash, Flexi Payment Plan, Auto Balance Conversion (ABC), Balance Transfers and any fees and charges are not eligible for cashback. Additional Note: Effective 7 September 2023, a 1% fee will be charged for online transactions on websites hosted by overseas merchants. Visit www.hlb.com.my/mcc for more information. (source: https://www.hlb.com.my/en/personal-banking/.../wise-card.html ) Source: https://www.hlb.com.my/en/personal-banking/.../wise-card.html HL Essential* Min Income: RM 24K Annual Fee: RM 100 (P) / RM 50 (S) » Click to show Spoiler - click again to hide... « Cashback: Tier -------------------Min Spend---------------------Cashback---------Cap 1----------------------- <RM 7K-------------------------0.4%-----------RM 300 2----------------------- > RM 7K------------------------1%-------------RM 300 Insurance------------- all/any (no mention)------------0.4%----------RM 300 Note: Total monthly cashback capped at RM300 Maximum (all conditions met) Potential total CB: RM 300 (per month) / RM 3600 (per year) Maximum (all conditions met) Potential total CB: RM 300 (per month) / RM 3600 (per year) Exclusions: No Cashback for all Government, JomPAY and/or FPX transactions, Cash Advances, Quasi Cash (betting and gaming related transactions), Quick Cash (“QC”), Flexi Payment Plan (“FPP”), Balance Transfers (“BT”), Finance Charges, Late Charges, Annual Fee Payment and QR Pay Transactions made via HLB Connect App. For the avoidance of doubt, the excluded list is not exhaustive and HLB reserves the sole right to determine if a transaction fall within the definition of Retail Transactions. Source: [url=https://www.hlb.com.my/en/personal-banking/credit-cards/cash-back/essential-card.html[/url] Public Bank Visa Signature (hybrid between CashBack and Reward) Min Income: RM 80K p.a. Annual Fee: RM 388 (P) / RM 200 (S) » Click to show Spoiler - click again to hide... « Cashback: 3% grocery, dinning and online transaction min RM 100 per transaction and capped at RM 30. Maximum (all conditions met) Potential total CB: 3 (including overseas) categories - RM 30 (per month) / RM 360 (per year) Minimum (no conditions met) Potential total CB: 3 (including overseas)categories - did not meet RM 100 per transaction - RM 0 (per month) / RM 0 (per year) Point Reward: 10x green points for every RM 1 spend on green category stuff, 3x VIP points for RM 1 spend other overseas retail transactions, 1x VIP points for RM 1 spend local. Exclusion: E-wallet reloads • Casino (MCC 7995) • Petrol (MCC 5541, 5542 & 5172) • Insurance / takaful (MCC 5960 & 6300) • Recurring Payment • Cash advances • Quasi cash (MCC 6050 & 6051) • Balance transfer • Transactions at University Tunku Abdul Rahman (UTAR) and Tunku Abdul Rahman University College (TARC) campus • Government-related payments (MCC 9211, 9222, 9223, 9399, 9311, 9402 & 9405) • Payments to charity (MCC 8398) • Flexipay monthly instalments • PB Easy Cash • Direct Debit payments • Payments via Public Bank Online Banking and Mobile Banking • Payments via ATM. PPL Airport Lounge: 2x (Malaysia only, with minimum accumulative retail transactions of RM1,000 within 30 calendar days before and/or after each lounge access.) Source: https://www.pbebank.com/en/cards/our-cards/...re-credit-card/ MBB 2 Platinum 2 Card (hybrid between CashBack and Reward) Min Income: RM 60K p.a. Annual Fee: Lifetime fee waiver. » Click to show Spoiler - click again to hide... « Cashback: AMEX - 5% (principal card only) on all weekend retail spending capped at RM 50. Maximum (all conditions met) Potential total CB: RM 50 (per month) / RM 600 (per year) Minimum (no conditions met) Potential total CB: No weekend retail spending - RM 0 (per month) / RM 0 (per year) Point Reward: 5x TP on for every RM 1 spend on weekdays with AMEX and 1x TP for Mastercard/VISA. Exclusions for Cashback: Government Services (Court cost, fines, bail and payments, tax payments, government services , postal services -government only, intra-government transactions, utilities, e-wallets, Exclusions for Reward points: 5X TreatsPoints is applicable to local and overseas spend on Maybank 2 American Express Card except transaction with Maybank 0% EzyPay Instalment Plan, at Education Institutions, Insurance Providers and Utilities (Electric, Gas, Sanitary and Water) which earn you 1X TreatsPoint. For petrol transactions, 5X TreatsPoints is capped at RM500 per transaction and transaction above RM500 will be awarded 1X TreatsPoint for every RM1 spend. No TreatsPoints will be awarded for every Ringgit spend on Maybank 2 American Express Card at Government Bodies, payment via JomPAY and FPX Effective 8 July 2019, any reloads performed on e-Wallets using Maybank Cards will no longer be eligible for TreatsPoints. Transactions for Maybank EzyCash, Maybank EzyPay Plus, Cash Treats, Cash Advance, and Balance Transfer; Payment via JomPAY and FPX; Refunded, disputed, unauthorized or fraudulent retail transactions; Payment of card annual fees, interest charges, late payment fees, cash advance fee; Any other form of service or miscellaneous fees. Airmiles: 20K TP to 1K Enrich/KrisFlyer/Asia Miles. Source: https://www.maybank2u.com.my/maybank2u/mala...tinum_card.page MBB Barcelona Min Annual Income: RM 48K Annual Fee: Free for Life » Click to show Spoiler - click again to hide... « Cashback: 1% cashback for all purchases capped at RM 50. you don't get cash back for government bodies, utilities and e-wallet reloads) Maximum (all conditions met) Potential total CB: RM 50 (per month) / RM 600 (per year) Minimum (no conditions met) Potential total CB: all transaction with gov, utilities and e-wallet RM 0 (per month) / RM 0 (per year) Source: https://www.maybank2u.com.my/maybank2u/mala..._signature.page? Alliance Bank Visa Signature Min Annual Income: RM 48K Annual Fee: RM 148 » Click to show Spoiler - click again to hide... « Cashback: 5% cashback on online shopping, groceries, dinning, petrol, utilities and all other retail spend. The cashback is unlimited but the 5% only applies when your spending range is between 2,001 - 3,000 after that, if you spend more than RM 3,000 is 0.25%. Tier ----- Cash back ----- Range (spend) 1---------0.05% --------- 1-1,000 2---------0.5%-----------1,001-2,000 3---------5.0%----------- 2,0001 -3,000 4---------0.25%---------- More than 3,000 0.25% cb for above RM3k is too low though Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": Un-capped. Effective Cashback Rate Spending (RM)---------Cashback rate----------Cashback Earned (RM) 1,000-----------------------0.05%----------------0.50 1,000-----------------------0.5%-----------------5.00 1,000-----------------------5.00%---------------50.00 3,000-----------------------1.85%----------------55.50 Exclusions: Cashback not given for Instalment Payment Plan, Flexi Payment Plan, Cash Advance, Balance Transfer, Fast Cash, Fees and Charges such as Finance Charges, Late Charges, Annual Fees imposed by the Bank, Reversed, Disputed Split and/or Void Transactions). Source: https://www.alliancebank.com.my/Personal/Ca...PBDCCENTAPTPV01 Affin Duo (hybrid between CashBack and Reward) Min annual income: RM 24K p.a. Annual Fee: RM 75 for each card (P) and RM 30 for each card (S) / 12 swipes for waiver » Click to show Spoiler - click again to hide... « Cashback: 3% cash back (Cash back is not applicable for government services transactions, charity related transactions, payment via JomPAY, online banking, FPX and Mail Order/Telephone Order (MOTO)) for e-commerce/online transactions, ewallet reloads and autobilling Cash back is capped at up to RM50 per month with following Previous Balance in AFFIN DUO Visa Cash Back credit card statement: (a) Up to RM50 for card account with previous balance of RM3,000 and above (b) Up to RM30 for card account with previous balance of below RM3,000 Note: Maximum cash back earned from e-Wallet transactions is at RM30 per month for the above two (2) conditions. Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": RM 3K above - RM 50 (per month) / RM 600 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": RM 3K below - RM 30 (per month) / RM 360 (per year) Reward Point: 3x reward for dinning, groceries and petrol. Exclusions: No reward points for a) Payments to Credit Card/-i account; b) Cash advance transactions; c) All transactions at petrolstations; d) All transactions related to utilities, government services or charities; e) Funding transactions or E-Wallet reloads; f) Monthly instalments i.e. 0% Easy Payment Plan (EPP), Cash-on-Call Instalment Plan (CIP), Balance Transfer Instalment Plan (BTiP) and Easy Instalment Plan (EiPlan); g) Disputed or fraud transactions; h) Fees and charges debited to Cardmember’s account(s), i.e. annual fees, finance/profit charges, late payment charges and any other applicable fees and taxes; and/or i) Any other exclusions as notified from time to time with twenty-one (21) days’ notice. Additional information: Cashback for insurance, manual or auto-debit as well. exclusions to govt services, charity, jompay/fpx, moto applies to both sets of cards. Source: https://www.affinalways.com/en/affin-duo Affin Duo+* Min annual income: RM 48K p.a. Annual Fee: RM 100 for each card (P) and RM 50 for each card (S)/ 12 swipers for waiver » Click to show Spoiler - click again to hide... « Cashback: 3% cash back on contactless transactions* (excluding government services and charity transactions) of up to RM100 per month. Cash back is capped at RM100 per month with the following conditions: (a) RM100 for Cardmembers with previous balance of RM8,000 and above (b) RM50 for Cardmembers with previous balance of below RM8,000 Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": RM 8K above - RM 100 (per month) / RM 1200 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": RM 8K below - RM 50 (per month) / RM 600 (per year) Reward Point: 3X AFFIN Rewards Points on : Airlines, e-Commerce/online, Duty free, Hotels Overseas transactions. Airmiles: 14K pts to 1K Enrich Miles, 12k pts for 1K AirAsia BIG Points and/or 12K pts for Malindo Miles Additional information: cashback for contactless transactions only. no exclusion to insurance. if you can pay insurance manually at insurance terminal (contactless up to rm250 without PIN), then still eligible for cashback. exclusions to govt services, charity, jompay/fpx, moto applies to both sets of cards. Source: https://www.affinalways.com/en/affin-duo-plus ----------------------------------------------------------Added on: 15 November 2024 --------------------------------------------------------------* AEON BiG Visa Gold (hybrid between CashBack and Reward) Min annual income: RM 36K Annual Fee: RM 95 (P) / RM 60 (S) subject 12 swipes per year for waiver. » Click to show Spoiler - click again to hide... « Cashback: 5% cash rebate at any AEON BiG Store on the 28th of every month, 5% cashback on petrol spending every Sunday, and 2% cashback on online and overseas spending every day. Cashback category-------------------------casback rate------------------monthly cap---------------------spend AEON BIG (28th every mth)-------------------5%---------------------------RM 100-------------------------upto RM 2K monthly Petrol (Sunday only)---------------------------5%---------------------------RM 15---------------------------upto RM 500 monthly Online# & Overseas Spend-------------------- 5%---------------------------RM 15---------------------------upto any amount monthly #Note that online mobile bills, insurance and utility bill payments are not entitled to cashback. Maximum (all conditions met) Potential total CB: 3 categories - RM 130 (per month) / RM 1560 (per year) Minimum (no conditions met) Potential total CB: 3 categories - RM 15 (per month) / RM 180 (per year) Reward point: Collect 4x AEON Points on the 10th of every month, 2x AEON Points on any other day and 1x AEON Points for other types of transactions. Collect AEON Points and redeem AEON exclusive gifts ranging from vouchers to merchandise, or convert them into cash at a conversion rate of 400 AEON Points = RM1. Earn------------------------------------------------------Spend 4 pts on every RM1 --------------------------------------at all AEON BiG Stores nationwide every 10th of the month 2 pts on every RM 1 --------------------------------------at AEON BiG Stores everyday (except 10th of the month) 1 pts on every RM 2--------------------------------------on other transactions (exclude petrol, government department, trading, utility bills, and all fees and charges related transactions) PPL: x3 PPL for Principal Cardholder with min spend RM 500 or cumulative transactions within 30 days before and/or 30 days after the lounge visit date. - Malaysia only. KLIA 1, KLIA 2, KK, Langkawi and Penang Source: https://myaeoncredit.com.my/wp-content/uplo...ea-bc0d49b29fbc (updated 19/8/20204) Airmiles: Not able to sight Exclusion: Not able to sight Additional information: Source: https://myaeoncredit.com.my/aeon-cards/aeon...visa-gold-card/ RHB Shell Visa Min annual income: RM 24K p.a. Annual Fee: RM 195 (P) subject to 24 swipes per year for waiver / waived (S) » Click to show Spoiler - click again to hide... « Cashback: Tier-------------Total Mthly Retail Spend (RM)-----Shell-----Groceries/OnlineSpend/TopUp E-wallet-Utilities----------other spending 1----------------800.00-1499.99-------------------5%-----------------------1%----------------------------------------------0.2% 2----------------1500.00-2499.99-----------------8%------------------------2%---------------------------------------------0.2% 3----------------more than equal to 2500---------12%----------------------5%---------------------------------------------0.2% mthly cap-------------------------------------------RM50--------------------RM50--------------------------------------------unlimited Note 1 (Groceries) - Jaya Grocer, AEON Supermarket, Giant and other hypermarkets or supermarkets Note 2(Online Spend) - GrabFood, Food Panda, EASIMY, Mcdonald’s Delivery, Tesco Online, Zalora, and other online platform. Note 3(TopUp E-wallet) - Grabpay, Touch’nGo eWallet, Boost, BigPay, Lazada Wallet, Wechat Pay and Shopee Pay. Note 4 (Utilities) - Astro, Celcom, Maxis, Tenaga Nasional Berhad, All other utility billers Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": 2 categories - RM 100 (per month) / RM 1200 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": 2 categories - RM 100 (per month) / RM 1200 (per year) Source: https://www.rhbgroup.com/-/media/Assets/Cor...rd_MCC_Code.pdf Reward point: NIL PPL: NIL Airmiles: NIL Exclusion: The following transactions are expressly excluded and no Cash Back will be granted for such using the Card: 3.4.1 Petrol transactions for brands other than Shell. 3.4.2 Balance Transfer, Cash Advance transactions; 3.4.3 Quasi Cash transactions (Example: Betting, Gaming transactions); 3.4.4 Annual Card Membership fees, Interest, Late payment charges, Card Service Tax (CST)and/or any applicable taxes imposed from time to time. 3.4.5 Payment to charity/Social service organisations under MCC 8398. 3.4.6 Any government related payments under designated MCC as 9211 (court costs including alimony & child), 9222(Fines), 9223 (Bail and Bond Payments), 9311 (Tax Payments), 9399 (Government Services), 9402 (Postal Services - Gov only) and 9405 (Intra-Gov Purchases - Gov Only). Additional information: Source: https://www.rhbgroup.com/personal/cards/cre...ASAAEgJm-fD_BwE UOB One Card Min annual income: RM 24K p.a. (One Classic Card) / RM 60K p.a. (One Platinum Card) Annual Fee: RM 120 (P) & RM 60 (One Classic Card) / RM 195 (P) & RM 100 (S) (One Platinum Card) » Click to show Spoiler - click again to hide... « Cashback: One Classic CB category---------------< RM 500----------------> 500-------------------CB earnings Petrol------------------------0.2%-------------------10%-------------------RM 10 per statement month Groceries--------------------0.2%-------------------10%-------------------RM 10 per statement month Grab-------------------------0.2%-------------------10%-------------------RM 10 per statement month Others-------------------------0.2%-------------------0.2%-------------------unlimited Note 1 (Petrol) - All petrol stations & Setel CardTerus (non e-wallet transactions) Note 2(Groceries) - Selected grocers and supermarkets (i.e. AEON Big, Jaya Grocer, Lotus's and Mercato) Note 3(Grab) - Grab rides, GrabExpress, GrabFood, GrabMart, GrabPay and Grab subscription Note 4 (others) - other merchants not listed Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 categories - RM 30 (per month) / RM 360 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 categories - RM 30 (per month) / RM 360 (per year) One Platinum CB category---------------< RM 1500----------------> 1500-------------------CB earnings Petrol------------------------0.2%-------------------10%-------------------RM 15 per statement month Groceries--------------------0.2%-------------------10%-------------------RM 15 per statement month Grab-------------------------0.2%-------------------10%-------------------RM 15 per statement month Others-------------------------0.2%-------------------0.2%-------------------unlimited Note 1 (Petrol) - All petrol stations & Setel CardTerus (non e-wallet transactions) Note 2(Groceries) - Selected grocers and supermarkets (i.e. AEON Big, Jaya Grocer, Lotus's and Mercato) Note 3(Grab) - Grab rides, GrabExpress, GrabFood, GrabMart, GrabPay and Grab subscription Note 4 (others) - other merchants not listed Maximum (all conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 categories - RM 45 (per month) / RM 540 (per year) Minimum (no conditions met) Potential total CB excluding "other categories with unlimited cashback": 3 categories - RM 45 (per month) / RM 540 (per year) Reward point: NIL PPL: NIL Airmiles: NIL Exclusion: Not eligible for cashback: (a) Alimony and child support. (b) Bail or bond payments. © Balance Transfer. (d) Cash withdrawals. (e) Charity bodies. (f) Easi-Payment Plan purchases. (g) Flexi Credit Plans. (h) Government transactions. (i) Instalment Payment Plan (IPP) purchases. (j) Liberty insurance. (k) Payment of annual card membership fees, interest payments, late payment fees, charges for cash withdrawals and any other form of service/miscellaneous fees using the UOB ONE Card. (l) Premium for credit shield. (m) Refunded, disputed, unauthorized or fraudulent retail transactions. (n) Top up transactions except for GrabPay. (o) Utilities bills (For e.g. Jompay). (p) Transactions via Personal Internet Banking (“PIB”). Additional information: NIL Source: https://www.uob.com.my/personal/cards/credi...b-one-card.page ----------------------------------------------------------Added on: 17 November 2024 -------------------------------------------------------------- UOB EVOL (formerly known as UOB YOLO) Min annual income: RM 36K p.a. Annual Fee: RM 90 (P) / RM 30 (s) » Click to show Spoiler - click again to hide... « Cashback: Tier 1 CB category-------------------< RM 1K----------------> 1K to 1,999.99----------CB earnings Online (Non-ewallet)-------------0%------------------------5%-------------------Max amount RM 30 per calendar month for all categories except ewallet. Entertainment--------------------0%-------------------------5%------------------^^^^refer above^^^^ Contactless parking--------------0%--------------------------5%-----------------^^^^refer above^^^^ Sustainable partners-------------0%------------------------8%--------------------^^^^refer above^^^^ Online (ewallet)------------------0%-------------------------5%-------------------RM 15 per statement month Note 1: Online (Non-ewallet) - All merchants not listed within exclusions in Clause 10 (typo should be cause 9 in UOB T&C) Note 2: Entertainment -Motion Picture Theaters (7832); Theatrical Producers (7922); Bands, Orchestras, and Miscellaneous Entertainers Not Elsewhere Classified (7929); Bowling Alleys (7933); Video Amusement Game Supplies (7993); Video Game Arcades and Establishments (7994); Amusement Parks, Circuses, Carnivals, and Fortune Tellers (7996) Note 3: Contactless parking- AUTOMOBILE PARKING OR PARKING LOTS. (7523) Note 4: Sustainable Partners-• L’occitane • Kiehls • Innisfree • M.A.C / MAC (makeup) • Origins • The Body Shop Note 5: Online (ewallet) - MCC MONEY ORDERS -- WIRE TRANSFER (4829),FINANCIAL INSTITUTIONS - MERCHANDISE & SERVICES (6012), QUASI CASH (6051),SECURITY BROKERS/DEALERS (6211), POI FUNDING TRANSACTIONS (6540) Tier 2 CB category-------------------> RM 2K----------------------------------------------CB earnings Online (Non-ewallet)-------------5%----------------------------Max amount RM 50 per calendar month for all categories except ewallet. Entertainment--------------------5%----------------------------------------^^^^refer above^^^^ Contactless parking--------------5%----------------------------------------^^^^refer above^^^^ Sustainable partners-------------8%----------------------------------------^^^^refer above^^^^ Online (ewallet)------------------5%----------------------------------------RM 15 per statement month For detailed listing of each categories coverage, please refer Note 1-5 above. Maximum (all conditions met) Potential total CB: 5 categories - RM 65 (per month) / RM 780 (per year) Minimum (no conditions met) Potential total CB: less than 1K spend- 0 (per month) / RM 0 (per year) Reward point: NIL PPL: NIL Airmiles: NIL Exclusion: The following transactions are expressly excluded and no Cash Back will be granted for such using the Card: Balance Transfer; Cash Advance; Flexi Credit Plans; Credit Shield; Easi-Payment Plan purchases; Instalment Payment Plan (IPP) purchases; (l) Refunded, disputed, unauthorized or fraudulent retail transactions; Cash withdrawals; Government transactions (Alimony and child support; Fines by Court, government, state authorities or local authorities; Bail or bond payments; Payment of taxes to government; Payment to any government departments.) Financial services transactions (e.g. transactions made to other financial institutions, transferring of value to a stored value card, purchases of other financial products, etc.); Charity bodies; Petrol transactions; Utility transactions; JomPay transactions; Telecommunication transactions; Insurance transactions; Payment of annual card membership fees, interest payments, late payment fees, charges for cash withdrawals, goods and services tax and any other form of taxes/service/miscellaneous fees using the Card; and Such other transactions as UOB Malaysia may determine from time to time. Additional information: NIL Source: https://www.uob.com.my/personal/cards/credi...-evol-card.page ----------------------------------------------------------Added on: 18 November 2024 -------------------------------------------------------------- Maybank Islamic Ikhwan American Express Platinum Card-i Min annual income: RM 40K Annual Fee: Lifetime fee waiver » Click to show Spoiler - click again to hide... « Cashback: CB category--------------------------------------------------------------------CB earnings--------------------CB earnings Online spend during the month of Syawal & Ramadhan-----------------------8%----------------------------Max amount RM 100 Online spend except month Syawal & Ramadhan------------------------------5%----------------------------Max amount RM 50 Maximum (all conditions met) Potential total CB: 2 categories - RM 65 (per month) / RM 780 (per year) Minimum (no conditions met) Potential total CB: 1 category (assuming you did not spend during the month of Syawal and Ramadahn)- RM 50 (per month) / RM 600 (per year) Note: Q9: How to determine which months are Ramadhan and Syawal Month every year where cardmembers can earn up to RM100 cash back during these two (2) months? A9: The Ramadhan and Syawal month will be following on the month when the first day of Ramadhan and first day of Syawal are expected according to the calendar. Example: Ramadhan in 2023 is expected to fall on 22 March and first day of Hari Raya (Syawal) is expected to fall on 21 April. Hence, online spending made in March & April 2023 will eligible for up to RM100 Cash Back monthly for Maybank Islamic Ikhwan American Express Platinum Credit Card Cardmember. Source: https://www.maybank2u.com.my/iwov-resources...ikhwan-card.pdf Reward point: 3x TP for every RM 1 spend at selected eco-friendly merchants (excluding online spend) Note eco-friendly merchants: 1 SURIA INFINITI SDN BHD, 2 GSPARX SDN BHD, 3 TNBX SDN BHD, 4 PEKAT SOLAR SDN BHD, 5 SFS ENERGY SDN BHD, 6 ECO SOLAR SOLUTIONS SDN BHD, 7 PATHGREEN ENERGY SDN BHD, 8 SOLAR SUNYIELD SDN BHD, 9 HD SOLAR NEW ENERGY SDN BHD, 10 SG ENERGY SG ENERGY SDN BHD, 11 KTS TRADING SDN BHD, 12 SOLARTECH SALES & SERVICES S/B, 13 SOLAR ELECTRONIC & ELECTRICAL, 14 SOLAR-MATE SDN BHD, 15 EASY SOLAR SDN BHD, 16 GIGA TECH SOLAR SB, 17 VERDANT SOLAR SDN BHD, 18 SOLAR BEE SDN BHD, 19 HD SOLAR NEW ENERGY SDN BHD, 20 AI SOLAR SDN BHD, 21 ERS ENERGY SDN BHD, 22 SOLS ENERGY SDN BHD 2x TP for every RM 1 spend (excluding online spend, petrol, gov utilities, education & takaful) 1x TP for every RM 1 spend (Petrol, Gov utilities, Education and Takaful excluding online spend) PPL: Airmiles: 20K TP to 1K Enrich/KrisFlyer/AsiaMiles Exclusion: Non-Shariah MCC Description 5921 Package Stores – Beer, Wine and Liquor 5993 Cigar Stores and Stands 7261 Funeral Services and Crematories 7273 Dating Services 7800 Government Owned Lotteries (US Region only) 7801 Government Licensed Online Casinos (Online Gambling) (US Region only) 7802 Government Licensed Horse/Dog Racing (US Region only) 7995 Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting and Wagers at Race Tracks 9406 Government Owned Lotteries (Non US Region) 9754 Gambling-Horse and Dog Racing, State Lotteries No cashback (a) Transactions for all EzyPay transactions (Maybank EzyCash/-i, Maybank EzyPay Plus/-i, Maybank Ezypay/-i), Cash Treats/-i, Cash Advance, Balance Transfer/-i, Quasi Cash; (b) Payment to JomPay; © FPX transaction – payment to service providers; (d) Refunded, disputed, unauthorized or fraudulent retail transactions; (e) Payment for transactions fee, payment for annual card membership fees, profit payments, late payment fees, charges for cash withdrawals; (f) Any other form of services or miscellaneous fees i.e. legal fees, statement reprint request fees etc; (d) Any transaction deemed by Maybank at its discretion to be beyond personal consumption or of a business and/or corporate nature; (e) Government Bodies [9211 - Court Costs (including Alimony and Child Support), 9222 Fines, 9223 Bail and Bond Payments, 9311 Tax Payments, 9399 Government Services (Not Elsewhere Classified), 9402 Postal Services – Government Only, 9405 Intra – Government Transactions], utilities [Utilities, 4900 1. Electric: TNB, TNB Kiosk, Sabah Electricity, Sesco Sarawak Energy, etc. 2. Gas: Gas Malaysia 3. Sanitary: Indah Water Konsortium Sdn Bhd, etc. 4. Water: Pengurusan Air Selangor Sdn.Bhd-Syabas, Jabatan Bekalan Air, etc. 5. Telecommunication Services: Maxis, Digi, Unifi, U Mobile, etc.] and e-wallets reloads. Additional information: Source: https://www.maybank2u.com.my/maybank2u/mala...ASAAEgJ8H_D_BwE[/SPOILER] This post has been edited by aurora97: Dec 12 2024, 10:51 AM WaNaWe900 and E.Coli liked this post
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aurora97	Nov 17 2024, 11:18 AM Return to original view \| Post #17
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(MGM @ Nov 17 2024, 06:32 AM) 597/9000= 6.633% Sorry I don't get the 6k and 9k thingy. Also, what with the %. Appreciate the explanation.
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aurora97	Feb 19 2025, 09:22 AM Return to original view \| Post #18
八方來財 Senior Member 3,789 posts Joined: Aug 2007	Hihih, was looking at credit shield because of [insert reasons]. It looked useful until i did the meth. Some banks are charging RM 0.66 for every RM 100 outstanding. If my meth calculation is correct, that would be RM 6.6 for every RM 1000. If my outstanding is RM 10000, the premium will be RM 66??? Holy cow, this product is expensive. Am I seeing it wrong?
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aurora97	Feb 20 2025, 08:56 AM Return to original view \| Post #19
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(fruitie @ Feb 20 2025, 05:43 AM) That’s why seasoned users don’t subscribe credit shield. Yeah, its a costly endeavor, for any credit card user for that matter. My situation is a bit different, I have other means (which doesn't involve me coming out a single sen) to cover the cost of the credit shield but the rates are absurd. Is there any alternatives in the market? Try to gauge responses of other credit card users.
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aurora97	Feb 20 2025, 10:15 AM Return to original view \| IPv6 \| Post #20
八方來財 Senior Member 3,789 posts Joined: Aug 2007	QUOTE(LostAndFound @ Feb 20 2025, 09:31 AM) What are you exactly trying to cover? The way you are talking like hiding some big secret, then expect advise? Look up what credit shield is. 🤣 I am asking is there alternatives, you dont have to know what i spend on my credit card.
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