QUOTE(dark_elvin @ Nov 9 2019, 08:56 PM)
Which credit card?Credit Cards Maybankard 2 Gold & Platinum Cards V20, 5% M2 Amex on weekend spending (NOT ALL)
Credit Cards Maybankard 2 Gold & Platinum Cards V20, 5% M2 Amex on weekend spending (NOT ALL)
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Nov 9 2019, 09:06 PM
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#421
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14,936 posts Joined: May 2015 |
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Nov 10 2019, 01:44 PM
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#422
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QUOTE(CP88 @ Nov 10 2019, 01:00 PM) Lazada wallet is an e-wallet by Alipay Malaysia Sdn Bhd. Lazada is an shopping site by Ecart Services (M) Sdn Bhd. They are different things. Your payment to Lazada and Lazada Wallet will not go to the same place. Different MCC for Lazada and Lazada Wallet. |
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Nov 12 2019, 11:45 AM
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#423
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QUOTE(ZaX17 @ Nov 12 2019, 11:20 AM) Hi, can I confirm again if reload TNG Ewallet with Maybank credit card still able to get treats points or cash back? It can be blacklisted by Maybank anytime, you need to ask those topup on 9/11 if they get Treatpoint today/tmr, but it doesn't mean it is still valid now. For CB, you may know only on 2/12 if topup in Nov.No CB/treatpoints for e-wallets effective 8/7/19. This post has been edited by ClarenceT: Nov 12 2019, 11:47 AM |
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Nov 15 2019, 02:09 PM
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#424
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Nov 17 2019, 02:42 PM
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#425
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QUOTE(Nikmon @ Nov 17 2019, 02:32 PM) RM50 for amex 2 card per year Haha my problem is the higher CB from ewallets.after the remove the rebate for top up ewallet, using it getting difficult and limited. treat point value reduce every few month, now need almost 60k point to get 100 Aeon voucher. I gave up using Amex just now and used TnG ewallet instead at Guardian. I got >9% CB from e-TnG. |
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Nov 17 2019, 02:55 PM
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#426
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Dec 1 2019, 03:20 PM
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#427
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Dec 5 2019, 07:00 AM
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#428
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QUOTE(sawyeratjx @ Dec 4 2019, 08:58 PM) Just received my 2 Plat card. Should I activate them now or wait until January 2020. Wondering if SST charge is depending on 12 months since activation or every new year? I assume you received 2 cards with expiry 11/202x.If you activate in Jan 2020, you will not gain RM50 weekend rebate (M2 Amex - RM1000 @ 5%) for Dec 2019. But you may not (not 100% sure, at your own risk, Customs' rules can be changed from time to time) be charged SST (RM25X2) on 1/12/2020 (Card expiry 11/202x). The SST will be charged in Jan 2020 (activation date) and on 1/12/2021... This post has been edited by ClarenceT: Dec 5 2019, 07:01 AM |
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Dec 5 2019, 08:19 AM
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#429
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QUOTE(sawyeratjx @ Dec 5 2019, 08:09 AM) So basically is a 12 months cycle for SST right? Regardless of the year I activate. If this is the case I'll just activate now haha First SST - Activation2nd SST onwards - Anniversary (for Maybank, if 11/202*, to be charged on every 1Dec) First SST to 2nd SST - not really 12 months, can be 1-23 months. If I am not wrong, you just need to pay 1x SST in a Government's fiscal year (1/1 - 31/12). This post has been edited by ClarenceT: Dec 5 2019, 08:19 AM |
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Dec 9 2019, 10:32 AM
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#430
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QUOTE(sawyeratjx @ Dec 9 2019, 10:15 AM) Is it worth it to use AMEX on weekend in overseas? As far as I know I will be charged 2.5%, but I'm not sure if the currency rate will be in my favour? It depends. If you have a lot of unused CB quota (up to RM1000 weekend spendings per month) then -5% and +2.5% will give you 2%-3% net CB.Is it worth it for the weekend 5% cash back? But spend on Malaysia Time between Saturday 4pm and Sunday 8pm. Otherwise the transaction date can be a Friday or a Monday (5X TP instead of 5% weekend CB). This post has been edited by ClarenceT: Dec 9 2019, 10:33 AM |
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Dec 9 2019, 03:03 PM
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#431
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QUOTE(Whit @ Dec 9 2019, 02:36 PM) Singapore & Malaysia same time zone, so should be OK just transact on weekend right? Weekend CB - The "transaction date" (as per M2U or statement) shall be a Saturday or Sunday.Else, how do we calculate the timing ya? The transaction eligible for CB based on posting date/transaction date? Normally, at physical sites, the transaction date/time follows local time. But for online sites, the merchant may use London/NY/LA time even though the merchant may be in Malaysia or Singapore! After Sat 4pm (Malaysia) - Los Angeles and San Francisco on Saturday from this moment. Only Hawaii and some Pacific islands still on Friday but not many online sites are under this time zone. After Sun 8pm (Malaysia) - New Zealands and Australia on Monday. |
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Dec 9 2019, 04:25 PM
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#432
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Dec 10 2019, 10:19 AM
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#433
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QUOTE(Lingbei @ Dec 9 2019, 04:59 PM) Hi, I am applying Maybank 2 Platinum card recently. I did not get the result after 10 days so I call hotline to check. CS told me my application will be approved if I pledge RM 10000 in FD with them. CS told me this is the requirement, I cannot appeal, I can either accept or reject. May I know what happen with this? My annual income is RM 90k. I check with CS what if I apply maybank 2 Gold, she said I may need to pledge RM 10k in FD as well. May I know why I need pledge RM10k in FD? anyone experience this and know how to solve it? Thanks in advance! Do you have Borong BE/B or EPF statement?If you earned S$30k, then don't assume your annual income is RM90k. For some bank's point of view, it is equivalent to RM30k only! Credit card is an unsecured loan, so don't compare it with secured loan eg housing loan. This post has been edited by ClarenceT: Dec 10 2019, 10:21 AM |
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Dec 11 2019, 10:27 AM
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#434
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QUOTE(kart @ Dec 11 2019, 10:12 AM) This is just my unverified opinion, so do not quote my opinion. It is just for your information. Further cut in MDR very soon by end of 2020. So devaluation of Treatpoints and cut in benefits (including cashback) soon!For any normal credit card transactions charged to Maybank credit cards, Maybank will impose around 1% of merchant discount rate (MDR) to the merchant. Generally, for these government service and utilities transactions, the merchants (governmental bodies and utilities companies) may have requested Maybank to lower the merchant discount rate, probably due to lower profit margin (or if none) gained by the merchant from the transactions. So, since Maybank earns very little profits due to very low merchant discount rate, it does not make any financial sense for Maybank, to grant 5% cashback for these government service and utilities transactions, to Maybank credit card users. |
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Dec 11 2019, 11:00 AM
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#435
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QUOTE(kart @ Dec 11 2019, 10:53 AM) Thank you very much for constant remainder, ClarenceT. + Use the Treatpoints as soon as possible.So, it look like that we have to make advance payment to our telecommunication bills, insurance, reload Touch n Go Card, stocks up grocery vouchers (such as AEON vouchers), in first half of year 2020, in preparation for the possible cut in cashback during end of year 2020. |
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Dec 11 2019, 12:27 PM
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#436
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QUOTE(coolguy99 @ Dec 11 2019, 12:22 PM) Bank Negara... Good for CC users! "7. Would the Framework cause consumers to be worse-off as banks are likely to cut back on loyalty points, cash rebates and other cardholder rewards? Cardholder rewards such as loyalty points and cash rebates are funded by merchants through the payment of MDR. Merchants are likely to recover such cost through higher prices of goods and services. As such, consumers who do not use payment cards may end up subsidising the cardholder rewards enjoyed mostly by premium cardholders. With the implementation of the Framework, there is likely to be a dampening in the cardholder rewards. Nevertheless, consumers are not worse-off. With more affordable payment card acceptance cost, merchants will be less pressured to pass on such cost to consumers through higher prices of goods and services. In addition, more merchants would be able to afford the acceptance of payment cards, in particular the debit card. This would provide consumers with the convenience of using their payment cards widely at more merchant outlets, thus lessening the need to carry cash. " |
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Dec 14 2019, 06:00 PM
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#437
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QUOTE(luciuswks @ Dec 14 2019, 05:24 PM) Guys just realize on the spot redemption now is 58k points = 100 myr? Treat point value...last time is 50k points. And long long time ago is only 20k points I think. Inflation is happening 20 years ago - 0.6% (Visa/MC charged 3%, Amex 6%) 10 years ago - 0.5% 5 years ago - 0.4% (BNM began to limit CC charge to 1.1%) 2019 - 0.2% (CC charge at 0.6-0.7%) 1/1/2021 - less than 0.2% (CC charge at max 0.48%) |
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Dec 18 2019, 09:01 AM
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#438
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QUOTE(coolguy99 @ Dec 17 2019, 11:40 PM) We all want the benefit of the amex card only, we keep the visa/mastercard cause there is no way to cancel it now. Not 100% accurate.I also want the benefit of Visa. FYI, I spent RM200+RM50 on SST (2011-14, 2018-19) but I collected >RM3000 cashback + Treatpoints + Savings (from using a Maybank Visa). |
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Dec 18 2019, 09:43 AM
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Dec 18 2019, 05:14 PM
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#440
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