How to do that with 2 separated cash back limit?

m2c has been grilled for yearsssssssssssssss ... no such loophole anyway

even thread here already reached v20 today. pbb only reached its 8th threads.

Anyone?

Increased credit limit is good for you. I just read somewhere that there's some calculation where some percentage is based on the total money you owe divided by your credit limit. The higher the limit, the lower the percentage, which is good. Besides, it shows that the bank trusts you more.

U sure higher credit limit is healthier? If there is no negative impact I'll just leave it, else will request to revert back to previous credit limit.

yep, you are right. most importantly is to judge how much is your spending, which they will see your regular spending over your credit limit. then, they will see how prompt is your payment. that would be critical to bank to approve your loan.

At some point, you don't use the card at all, and the credit limit is high, some banks will just use the credit limit and get a certain percentage as your "regular spending", which actually is not even there. this is one of the reason why a lot people will call in to reduce credit limit.

usually on safe line, your regular spending is about 30% of your credit limit then it gives good chance to get a green light for bank to approve loan. of course, lower better.

well, it actually look at which bank too. for maybank, it is hard to get credit limit upgrade for free. so, this is actually a plus point where it shows maybank trust you.

usually high credit limit are available from overseas bank, not local. so local bank's high credit limit shows something on good side

You can request to cut your credit limit anytime by sending a letter to Maybank card centre.
You may get irritating calls from bank officers offering you personal loan, balance transfer etc as you have high CL and under-utilised. Luckily Maybank is not that aggressive calling cardholders.

Im glad to hear this.. thumbs up !

If my M2C credit card application get rejected from Maybank, I must wait 6 months to reapply? Or 3 months also can?

With the recent re-introduction of SST, you never know..

My application was declined 3 weeks ago (before SST).

But yesterday (after SST), Maybankard sms saying my application is accepted.

Single application, walk in at Dataran HQ in Bangsar.

I'm still puzzled, but I don't mind the cards

This post has been edited by ememes: Aug 29 2018, 08:57 PM

You suddenly get approve, that so lucky.
My application was 3 months ago, dont know what is the cooling period to reapply.

Heh. Have to approve lah. A lot of people will be cutting their cards before the next renewal. Not many people will need 10-20 cards I presume.

Edit : my public bank also rejected this afternoon but approved this evening

You should reapply and tell them to expedite and approve within tomorrow. I think mass approval before SST, subjected that you don't have a bad record

This post has been edited by beLIEve: Aug 29 2018, 10:48 PM

Cooling period 3~6 months.

But for my case (long time ago), I got rejected from Maybank card centre, and I re-apply from roadshow after a week.

Surprisingly, it approved, no idea how they judge

how to be rejected in the afternoon but approved in the evening? did u call to appeal?

Nope, didn't appeal. Branch already said must fill up form again, and CS said they'll try (try means no promises or guarantees). I just use the computerized response where I key in my IC to check.

I found better options after applying (Maybank 2 Amex, and even Hong Leong's 25% cashback @ RM200 max for people who never own a Hong Leong credit card). I checked again at nite because I read here someone got approved later after getting rejected with Maybank, and wanted to ensure it stays rejected because I don't want any surprises with SST if they approve it on Sept 3. Don't want to pay before I earn

I think after SST, there'll be less applications. My friend say, it means less commission also

This post has been edited by beLIEve: Aug 30 2018, 12:11 AM

Stress if for maybank CC cards akone got to keep at least 4pcs

i am keeping 3 cards.

SCB is better. they are ready to waive the rm25 for card holders. haha.

But when I check with the CS, they keep telling me no official announcement yet.. they told u they will waive?

yes, the CS who attended to me told me this. in fact, i remembered previously rm50 time, they waived also.