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 Debit card, Anything about it.

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future80
post Oct 9 2009, 07:52 PM

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anyone here using maybank visa debit card?
- will them send monthly statement? wil it be charged?
- what is the minimum amount needed in saving/current account?
- 'top up' is just bank in amount into account?
- any hidden charge?
- everytime use it, need sign or enter PIN or both?
- “Pre-authorization” needed for purchase something at merchants/ shops/ hipermarket ? (i know at petrol station it is need , RM150)
- shall user need to purchase something to activate it or activated since we received the card?
- any terms that need user use it certain amount at beginning like some credit do?

thanks

This post has been edited by future80: Oct 9 2009, 08:10 PM
future80
post Oct 9 2009, 09:47 PM

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QUOTE(AskarPerang @ Oct 9 2009, 08:39 PM)
- no monthly statement but you can check it online
- yes, you top up your debit card by banking into your saving account
- no hidden charge if it doesn't involved currency conversion
- use it online will ask for pin, use it by swiping then have to sign
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QUOTE(MilesAndMore @ Oct 9 2009, 08:40 PM)
Yes. A lot of them here.
No. You will not be send any statement unless yours is a current account that comes with monthly statement.
For Kawanku Savings Account, Savings Account-i, Basic Savings Account and Basic Savings Account-i, the minimum amount must be kept inside your account is RM1. Kawanku Savings Account is the most common account and i bet most Maybank users are using that account.

There is also Golden Savers but the minimum balance is higher. Current accounts also each bear different minimum balance.
Yes. You just need to deposit money into your bank account and you're good to go. The pre-set spending limit per day is RM500. The maximum spending limit per day can be as high as RM5000 and you can change the spending limit anytime via any Maybank ATM.
No. But the normal ATM rules apply. Click the picture below.
[attachmentid=1240212]
This Maybank Cherry VISA debit card will normally use the VISA platform and not MEPS/Bankard. So you do not enter any PIN and just sign the receipt the cashier will give to you when you swipe your card.
Pre-authorization is applicable on petrol purchase and the amount hold is actually RM200. Last time it was RM150 but has since changed to RM200.
Right after you receive the card, you will need to change your PIN number over any Maybank ATM. If you wish to use the card overseas, you need to activate the overseas flag also via the ATM. And if you want to use it for online transaction, you need to register for M2U and MSOS. Just get a Maybank Cherry VISA debit card brochure from any Maybank branch and the instruction is clearly stated there.
RM1. For Petrol, you need to make sure you have at least RM201 when you make the transaction.
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thanks for explanation. get my most answer & confirmation.
future80
post Oct 10 2009, 07:55 AM

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yup daily limit is rm10000, but user can just store few hundreds in thier account.
future80
post Oct 10 2009, 11:18 AM

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QUOTE(nanakopy87 @ Oct 10 2009, 08:05 AM)
do you think that a business entrepreneurs and professionals need debit card?i think they prefer atm card,IMO
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they prefer check book. laugh.gif
future80
post Oct 12 2009, 02:20 PM

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what is a minimum spend of debit card (maybank visa debit cherry) at merchants? RM10? everyone know maximum limit, but minimum ?
what is a minimum spend of debit card (PB visa electron debit) at merchants? RM10 also?
future80
post Oct 12 2009, 05:32 PM

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as stated on mbb web,

"Annual service fee: Free"

but i need those maybank cherry visa debit card holder confirm whether bank charge RM8 ? since the card is debit card + ATM.

thanks.
future80
post Oct 12 2009, 05:59 PM

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QUOTE(MilesAndMore @ Oct 12 2009, 05:45 PM)
You can choose either the annual fee free option or to pay RM8 per annum for unlimited cash withdrawal at any Maybank ATM. For the annual fee free option, you are given 4 free withdrawals per month. Any subsequent withdrawals will be charged RM0.50 each time unless you still have RM5000 in your account when you made the 5th or 6th (and so on) withdrawals then the RM0.50 penalty will be waived.

[attachmentid=1246541]
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can change the option at ATM ? that sounds convenience for user, no needed go to bank queue up.

where u get that attachment? why everytime u hav that image for reference?

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by the way, i checked the Maybankard MasterCard Platinum Debit card,
it mentioned about RM8,

Features

* Higher interest rate enjoyed (multi tired interest rate)
* Free Personal Insurance (Premier Account)
* Daily Purchase Limit up to maximum RM10K or default to RM500
* Can only be linked to Premier Accounts
* Expire after 7 years
* RM8 charged for unlimited withdrawal in a year
* Set your own purchase limit
* Track your online transactions via Maybank2u.com

Card issuance Fees & harges
Opening new account - for unlimited withdrawal RM8
Annual service fee Free (this also mentioned free, but see above, it stil need RM8)

but it is not mentioned for visa debit card.
I think mbb should state clearly or user or applicant will blur.

------------------------------------------------------------------------------------------------
one more thing is why they want to use 'cherry' image on the both master & visa debit card? the card regarding ATM, shopping.. but not related to cherry, why dont use apple, durian?
nobody can answer this...



This post has been edited by future80: Oct 12 2009, 06:07 PM
future80
post Oct 12 2009, 08:47 PM

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QUOTE(MilesAndMore @ Oct 12 2009, 06:26 PM)

The bank charges for the newly launched Maybank Platinum debit Mastercard is exactly the same as the old ATM card and the Cherry VISA debit card. The RM8 is optional.
What are you talking about ? They did state clearly in their website that the Cherry VISA debit card is annual fee free. Click the link here > Maybank VISA debit card charges

What is not mentioned in that page is about the optional RM8 annual fee for unlimited withdrawals.
It's an art. It is a design and there is no true explanation to art.
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yup wat i mean is that RM8 annual fee for unlimited withdrawals. in cherry visa debit not stated
future80
post Oct 12 2009, 09:50 PM

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RM0.50 penalty only applied for 5th withdrawal each month, so it is nearly impossible to be charged. who always go ATM withdraw cash many times? I dont believe. so it is better go for that first 4 withdraw free option.
future80
post Oct 13 2009, 04:34 PM

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QUOTE(nanakopy87 @ Oct 13 2009, 08:22 AM)
future80,everything is possible...i have some friends can withdraw frm atm machine once for few days..imagine one month ,they withdrawed more than 6 times...
by the way,are you the user of that cherry card?it seems like you don't like this card at all.you complaint from the design to the charges.
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i am not complaining .. unsure.gif
i just want to know all detail before consider apply, by the way, there are few more debit cards from other bank for me consider also.. but i may choose 1 only or not apply at all.
now , firstly tone card is out from my choice since the review & info from net i found are customer services/ support not so good since they are new , and not bank related company.
about the design.. most user not only want a good services and good usages of card, but they will more prefer a card which looks great/beauty. this card .. little special.. use cherry, they can use tiger also.

future80
post Oct 13 2009, 09:25 PM

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I only found 7 citibank ATMs location in malaysia, am I doing mistake??
citibank ATM locater
future80
post Oct 14 2009, 01:09 PM

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QUOTE(harmonybear @ Oct 14 2009, 09:46 AM)
i wanna kno that wat is debit card?
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same as credit card can use to purchase something at merchants/ online purchasing, it is electronic purse.
But the 'amount/ money' u using debit card is deducted from your saving/current account, credit card is using your future money and you pay after.
debit card normally more easier to apply as it does not require salary proven. but it is less fraud protection.

and, 'future' money nanakopy87 meants is not my (my lowyat ac name) money laugh.gif

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