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Credit Cards Maybankard 2 Gold & Platinum Cards V20, 5% M2 Amex on weekend spending (NOT ALL)

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ClarenceT
post Sep 1 2018, 01:58 PM

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QUOTE(annoymous1234 @ Sep 1 2018, 01:11 PM)
We can use TP earn from amex to waive the other card also right? No only amex?
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Should be ok, if following old rule.
But for me, RM25 and 10k TP are equivalent.
SUSSammich!
post Sep 1 2018, 02:08 PM

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QUOTE(ClarenceT @ Sep 1 2018, 01:58 PM)
Should be ok, if following old rule.
But for me, RM25 and 10k TP are equivalent.
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does maybank2card get charge 2x for sst?

This post has been edited by Sammich!: Sep 1 2018, 02:09 PM
ClarenceT
post Sep 1 2018, 02:13 PM

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QUOTE(Sammich! @ Sep 1 2018, 02:08 PM)
does maybank2card get charge 2x for sst?
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By default, RM25x2
unless Maybank commit to follow old rule.


!@#$%^
post Sep 1 2018, 02:23 PM

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QUOTE(Sammich! @ Sep 1 2018, 02:08 PM)
does maybank2card get charge 2x for sst?
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QUOTE(ClarenceT @ Sep 1 2018, 02:13 PM)
By default, RM25x2
unless Maybank commit to follow old rule.
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from what we gather from CS it’s rm25 x2. no plans to waive one of it like previously as of now.
F1meteor
post Sep 1 2018, 04:22 PM

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With the SST kicks back in, is it still good to keep these 2 cards?
TP value decrease.. made me damn sad

I have to pay RM100 for the SST (because i have supp-card)
Thinking of cancel this and just keep a normal single card
UncleTinsel
post Sep 1 2018, 04:35 PM

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QUOTE(F1meteor @ Sep 1 2018, 04:22 PM)
With the SST kicks back in, is it still good to keep these 2 cards?
TP value decrease.. made me damn sad

I have to pay RM100 for the SST (because i have supp-card)
Thinking of cancel this and just keep a normal single card
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I need to go back and read a few posts to understand your "TP value..." statement, but just like you...I'm in the same boat; with supplementary cards. And my wife doesn't even use the cards because she can't redeem anything.

Supplementary cancellation on the horizon for me; me thinks. wink.gif

Plus...started to think about FCB and PETRONAS Platinum (non-islamic) cards.
charlesj
post Sep 1 2018, 05:21 PM

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QUOTE(UncleTinsel @ Sep 1 2018, 04:35 PM)
I need to go back and read a few posts to understand your "TP value..." statement, but just like you...I'm in the same boat; with supplementary cards. And my wife doesn't even use the cards because she can't redeem anything.

Supplementary cancellation on the horizon for me; me thinks.    wink.gif

Plus...started to think about FCB and PETRONAS Platinum (non-islamic) cards.
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Refer to TP catalogue, you may redeem RM100 voucher with 57,500 TP
When you use Amex (x5 TP), you get slightly less than 1 cent with every RM1 spent (0.87%, dropped from 1.08% previously).
It is slightly better if you redeem on the spot - 500TP for RM1 = 1% with Amex (dropped from 1.25% before 1-July 2018).
In another way, 1TP is worth approx 0.2 cents.

To redeem SST with 10,000 TP, you use 10k x 0.2c = RM20 to offset RM25 SST.
Hence, redeeming SST is RM5 better.

However, if you are into Airmiles, average calculation for business class redemption is approx 3-5% (or more).
Provided you can gain enough TP for airmiles redemption before expiry, this is way better option.






beLIEve
post Sep 1 2018, 06:05 PM

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QUOTE(alexanderclz @ Sep 1 2018, 02:23 PM)
no plans to waive one of it like previously as of now.
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按兵不動 monitor the application and termination rate first. If situation is bad, then only subsidize.
SUSSammich!
post Sep 1 2018, 06:23 PM

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QUOTE(ClarenceT @ Sep 1 2018, 02:13 PM)
By default, RM25x2
unless Maybank commit to follow old rule.
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QUOTE(alexanderclz @ Sep 1 2018, 02:23 PM)
from what we gather from CS it’s rm25 x2. no plans to waive one of it like previously as of now.
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this is shit. i’m cancelling the card. no way i’m paying rm50 for only use one card right. the mastercard is shit
ClarenceT
post Sep 1 2018, 06:56 PM

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QUOTE(Sammich! @ Sep 1 2018, 06:23 PM)
this is shit. i’m cancelling the card. no way i’m paying rm50 for only use one card right. the mastercard is shit
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M2 cards was "selling" like a hot cake when it was launched in March 2011. Service tax RM50 didn't stop people like me taking up the cards at that time.
!@#$%^
post Sep 1 2018, 07:03 PM

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QUOTE(ClarenceT @ Sep 1 2018, 06:56 PM)
M2 cards was "selling" like a hot cake when it was launched in March 2011. Service tax RM50 didn't stop people like me taking up the cards at that time.
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well, many credit cards have appeared since. and prepaid card esp BP is a game changer.
ClarenceT
post Sep 1 2018, 07:09 PM

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QUOTE(alexanderclz @ Sep 1 2018, 07:03 PM)
well, many credit cards have appeared since. and prepaid card esp BP is a game changer.
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Who knows there is another 100% CB, 1 campaign already earn more than 10 years service tax.
MGM
post Sep 1 2018, 08:35 PM

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QUOTE(ClarenceT @ Sep 1 2018, 07:09 PM)
Who knows there is another 100% CB,  1 campaign already earn more than 10 years service tax.
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Those were the good old days never to be repeated cos MBB realised the power of LYN. rclxm9.gif After that most campaigns based on luck which I hardly participated.

This post has been edited by MGM: Sep 1 2018, 08:37 PM
Tigerr
post Sep 1 2018, 10:05 PM

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QUOTE(Sammich! @ Sep 1 2018, 06:23 PM)
this is shit. i’m cancelling the card. no way i’m paying rm50 for only use one card right. the mastercard is shit
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It is just like donate one month cb to the govt
kart
post Sep 2 2018, 08:53 AM

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QUOTE(charlesj @ Sep 1 2018, 05:21 PM)
To redeem SST with 10,000 TP, you use 10k x 0.2c = RM20 to offset RM25 SST.
Hence, redeeming SST is RM5 better.
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I agree with you.

If we pay the card service tax as a part of our statement balance, we need to pay RM 25.00 per card, with cash.

However, we only need to redeem 10000 Treatspoints (equivalent to RM 20.00), to pay for card service tax for each card, and we get to enjoy RM 5.00 indirect discount on card service tax.

So, it is more worthwhile to pay the card service tax, with our Treatspoints. smile.gif

This post has been edited by kart: Sep 2 2018, 08:54 AM
malcolm86
post Sep 2 2018, 09:02 AM

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I never active my m2 MasterCard. Will they charge sst?
ClarenceT
post Sep 2 2018, 09:07 AM

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QUOTE(MGM @ Sep 1 2018, 08:35 PM)
Those were the good old days never to be repeated cos MBB realised the power of LYN. rclxm9.gif After that most campaigns based on luck which I hardly participated.
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I look beyond the monthly rebate... Maybank cards offer discount on Lazada, Shopee, dining places, air tickets etc.
So RM75 cost per year (3 Maybank cards) to keep the benefits still a good investment.



ClarenceT
post Sep 2 2018, 09:09 AM

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QUOTE(malcolm86 @ Sep 2 2018, 09:02 AM)
I never active my m2 MasterCard. Will they charge sst?
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Yes,
cybpsych
post Sep 2 2018, 10:06 AM

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QUOTE(ming86 @ May 30 2018, 07:23 AM)
My experient is no, wouldn't get cash back, but you will get cash back for the installment amount if the installement (statement date) is fall on weekend some month.
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just sharing my recent purchase.

went senq, bought a new laptop using amex @ 25 Aug (Sat). converted directly to maybank 6mth installment (without additional fee). maybank terminal. printed mbb receipt showing installment amount + last month amount.

today, ZERO cashback received for Amex (was expecting full RM50) bye.gif

TP-wise, if i counted correctly, 1X TP credited few days after purchase. i guess the remaining 4X TP after statement generated (?), which is this weekend.

1st installment falls on this weekend. will monitor on 2 Oct if my Amex gets cashback for the installment amount that falls on weekend smile.gif
stargate8
post Sep 2 2018, 10:31 AM

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QUOTE(cybpsych @ Sep 2 2018, 10:06 AM)
just sharing my recent purchase.

went senq, bought a new laptop using amex @ 25 Aug (Sat). converted directly to maybank 6mth installment (without additional fee). maybank terminal. printed mbb receipt showing installment amount + last month amount.

today, ZERO cashback received for Amex (was expecting full RM50)  bye.gif

TP-wise, if i counted correctly, 1X TP credited few days after purchase. i guess the remaining 4X TP after statement generated (?), which is this weekend.

1st installment falls on this weekend. will monitor on 2 Oct if my Amex gets cashback for the installment amount that falls on weekend smile.gif
*
in june2018 i bought samsung phone for 24months epp promo, i got full cb rm50

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