Hi,

I try using my maybank credit card to withdraw cash from Maybank ATM machine but i get a message asking me to apply some card with chip technology, do you know what is this? I am doing this for the first time.

Thanks.

all new cards come with new chip technology.

or

you just apply for cash advance within m2u and cash will be in your savings account immediately.

Why don't you just call the bank now and ask if need to be activated or anything

Maybe your card doesn't come with Pin & Pay tech? The card itself very old already?
To be honest the fastest way to know the actual reason is by calling Maybank hotline...

For m2u, possible to cash advance just RM200?
It seem they have a minimum amount of RM2000 for ezycash, correct?

Working now.. not convenient to call their cus service.

This post has been edited by nicefriendly: Mar 19 2018, 10:41 AM

I think the first thing to note is that you're drawing cash on your credit card. You seriously need to reconsider your financials, if you're doing cash advances; You're instantly charged interests the moment you do that.

ya lucky you use ezycash instead of cash advance.

Yeah, interest rate will be charge instantly on the cash advance amount. I have studied and calculated. Thay is why i only cash advance RM200.

How to use cash advance with maybank online banking m2u?
Ezycash i can not use because minimum need to take RM2000 if i am not wrong.


I just need to cash advance small amount.

This post has been edited by nicefriendly: Mar 19 2018, 12:36 PM

rugi. you got intial fee of RM20 i think then interest rate 18% start from the day you take out cash. just use ezycash then pay back all that you don't use using it.

You are working now .... and you dont have 200 cash in your personal bank account !!!!!!!!!!!!!!!!!!!!!!!!!

set pin for your cc..
Then, only go to atm with note credit card
advance withdrawal or something like that..
So far most maybank atm no feature for that..
Better go to public bank / cimb atm..
Different bank different rate i think..

I think my credit card already set PIN because i have use it to purchase things over the counter for many times with PIN.
When i insert my credit into maybank ATM, i can enter my PIN without problem just that when i choose the amount that need to withdraw then it show the message.

What do you mean by " So far most maybank atm no feature for that.." ? Their ATM machine can not withdraw money by using credit card.

This post has been edited by nicefriendly: Mar 19 2018, 06:00 PM

you paying 5% additional for any cash withdrawal..careful

Yeah, already know that and also 18%p.a.
Only withdraw small amount and will pay back within 20days.

This post has been edited by nicefriendly: Mar 19 2018, 06:02 PM

as others had mentioned ; small amount somemore... u need to manage your expenses... btw u use the same PIN as you set in the CC to use ATM function

Father have very serious sickness.
Used all saving and income on my father for nursing, medicine and transport.


Anyone have successfully withdraw money by using maybank credit card, would you kindly share what you have did? Thanks.

This post has been edited by nicefriendly: Mar 19 2018, 06:16 PM

I mean most maybank atm is using the old one.. cannot do cash advance.. especially the one u need to press button not touch screen one..

U just read the atm sign got cash advance or not..

Ok, understand.
How the cash advance sign look like?

So sorry to hear about your dad. People here judge quickly without knowing your real situation. My kolik before this experience the same thing like you when his mum kena stroke. Unfortunately you cannot cash out your money from your cc like that. Thats why they implement ezycash. bank want to make money you know la hor. Btw my kolik experienced this few years back. I dont know if they already change and can withdraw the money. I'll ask my friend who work at bank and PM you.

take care bruhhhh

This post has been edited by Kelvin920: Mar 21 2018, 05:16 PM

Some places provide cashback option for a fee.
Meaning they'll charge your card then give you cash.

Fyi. The cash advance atm pin and credit card 6 digit pin is different.

Usually the pin is sent together with the credit card itself when u applied it.

Call Maybank to reset the pin if u seriously need to cash. Or like others mentioned, go apply for ezycash and pay up with the rest which u don't need for lower interest rate.

some ppl not all the time privileged like u maa

I look at it more of survival than privileged.

do you even read his perious reply??,He used all his saving and income for his father

Do you even read his earlier post BEFORE he replied he used all his savings on his father's medical bills?

Asking for assistance without telling the complete story leads to different advise if you read all those posts before TS replied!

Doctor CANNOT cure you if you just say your are sick.

Some people are trying to explain the cons of taking cash advance so that he wont get into debts. I look at it is lack of financial planning for 200RM.

Is not shy to ask for help if you tell the truth just like sick people seek public donations for medical expenses through the press.

I would have advised him to get an advance from his company if is for his father's medicall bill which most company would help on humantarian grounds. Alternatively, I can recommend him a shop to charge his card for RM200 for cash without buying anything. Just pay 3% merchant fee which is only RM6. No cash withdrawal fee, no interest and pay only on statement due date to the bank. By the way, the shop is not doing money lending. Is just to avoid paying miniumum transaction cost to the bank and if the person willing to pay merchant fee.

What would you have advise TS if you read all post before TS replied,? We cant read people's mind .... we can only read what is written up to a point of time.

By the way, TS would have got the money without difficulty if he had asked the bank for help. If the bank's computer system dont allowed such withdrawal, I dont think LYN members will be of help.

This post has been edited by mini orchard: Mar 25 2018, 06:55 AM

Taking cash advance from credit card or 'along' is NEVER a solution to solve financial problems even though is temperorary.

Easy money NEVER comes cheap. Interest 18%

Cheap money NEVER comes easy ... why banks are strict when applying for loans. Interest 5%.

So the cash back option is good or not?
Accept or ignore

Cash back is not equal to cash advance.

Cash back is promotion / marketing to use the card. Free money plus no interest charge.

Cash advance is a loan from the bank. One time cash advance fee charged per withdrawal and interest from day of withdrawal until full settlement.

Answer .... ACCEPT.

Man, don't judge la. People asking advice, not your judgement of them.

Ts. Just go to any bank atm machine that have visa/mastercard logo will do. Before that try using pencil eraser rubber to rub on the chip contact area then try again at those ATM that have cc card logo.

This post has been edited by eddievh: Mar 27 2018, 02:14 PM

Agree, i have an Alliance Saveplus acc too

Agree, at least u need to have a saving account like me I have Alliance bank saving account!!

Yes, same goes to me, having at least a saving account help me alot when facing difficulties.

Agree, Saving account at least can guarantee to earn some interest.

Yup, saving money at Alliance bank make me felt secure

My bank just give me lower than 1% and each transaction charge 0.53. Errrrr

Really? I looking for other bank that give best offer, cause already saving money in my bank acc 2 to 3 yrs I think, get nothing much...

Its easy. You can't select fast cash after cash withdrawal, you are required to click on Other Amount, maximum withdrawal amount is RM1,000/day.

Bunch of newbie want offer advice here.....


Top up to boost
Activate boost, verify

Withdraw frm booth to ur saving

Nearly foc

No longer works as of this year

stripe
swipe
withdraw

still cheaper