Hi guys, just sharing here that our credit card system here is Toxic. Should the banks refuse to process your application because they deem that you are unworthy then they will decline or cancel (the better option) your application.

Edit: How should one build credit if the banks cherry pick the rich and bully the poor? They don't even reveal how they would consider your application
- No uniformed system
- Slightly Different document requirements across different banks
- The list goes on

The thing is, there's no options for redressing the issue. Public Bank forces an RM 25,000 FD to have a so-called "Secure Credit Card" but still subjected to approval.

Many other banks don't even offer that option.

I earn well above the required minimum annual salary of RM24,000 but my applications were cancelled. I wanted to start a petition but would anyone support?

What I suggest is that we need to have "Secured Credit Cards" with an FD Deposit of minimum of RM5,000

Gotten this Stupid Email from Public Bank

We would like to thank you for your application for a Public Bank card membership. However, we regret to advise that we are unable to consider your application.

We thank you for your interest shown and hope to be of service to you in future.

This email and files transmitted with are confidential and intended only for the use of the addressee. If you are not the intended addressee, please be advised that you have received this email by error and any activity of disseminate, forwarding or printing is unauthorized. Kindly immediately notify us at custsvc@publicbank.com.my.


This post has been edited by moonsatelite: Dec 7 2019, 10:59 PM

Now so easy to apply cc. Something is wrong with your ccriss.

There is a reason why your application was rejected.

Perhaps it could've been due to you past credit history.. or CCRIS.

Have you taken PTPTN Loan? Have you repayed/begun repaying your PTPTN Loan?

Have you taken any sort of loan for that matter?

If you have taken loans but did not repay them... you could've shown that to the credit company, you're a person who have a strong history of defaulting your payments/not paying back what you've loaned... thus no bank would even bother approving a simple credit card to you... (unless they're that desperate).

Putting in an FD is just a way to showing to the bank that "I have money, and I'm willing to lock in a certain amount to prove that I have enough money to service/repay the credit card."

Public Bank and Maybank is one of the more strict banks..

Try other banks instead.

Maybank is strict? Quite easy approved for me wor..

Or do you mean the higher tier credit card for the rich? If basic CC with 10k limit very easy approve one

basic is easy..

2 card premier and vi/amex the plat is quite hard to get

Take note requirement of 24k is AFTER deduction of epf/commitments/etc. Not your gross salary.

Also a petition for what? Credit Card is not basic human rights or anything?

This post has been edited by Archemedia: Dec 8 2019, 10:34 AM

Itula gov suruh bayar balik ptptn tak nak

I have seen everyone having CC easily

Don't spread your bullshit

Clean record....


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Take note requirement of 24k is AFTER deduction of epf/commitments/etc. Not your gross salary.

If you don't work for a bank or directly for any banking/ credit industry then don't simply make statements, no where in the requirements does it say net salary

Banks are very flexible on this. In any case it is certainly NOT after deducting epf/commitments/etc.

TS should check whether he has any record in CTOS or CCRIS or is there any outstanding loan he defaulted? Nobody should think that they can default with one bank and apply to another bank. The banks all share a database of borrowers and defaulters.

You can check in the thread, I've posted my clean CCRIS screenshot. Don't know how to go about it anymore, can only think to go to BSN and place an RM 5,000 FD for a card

Besides CCRIS, banks could check other sources such as CTOS, RAMCI, etc. But they are not obligated to inform you which sources they check.

Why so butthurt?
I called them bank and asked before.

So if i dont work in the bank i cant know this?

U ask question then be humble. Keep ur attitude inside.

This post has been edited by Archemedia: Dec 8 2019, 11:56 AM

I got no issue on applying 1st credit card, yes ofcoz kena rejected by afew banks at 1st.

Tat was becoz i juz work for 4 mths or so, the longer u contribute ur epf socso, car loan installment etc, u ll build up ur financial score slowly.

Go for a basic card la, try various banks, 6 mths down the road try to apply again, eventually u ll get 1 card.

Since ya asked in serious kopitiam, u should have giv detail on ur current financial report so tat others dont need to assume this n tat mah, however seeing ur several replies ontop, kek good luck ts.

This post has been edited by kennykong85: Dec 8 2019, 03:08 PM

It’s one of the great paradoxes of life. Those who need it, won’t be issued one. Those who don’t want one, will get many cold calls from banks asking to sign up for this or that card.

Totally irritating.

How about a debit card? It works like a credit card except that the amount is debited instantly from your account. If you have an ATM card it is also a debit card.

Long time ago, when I applied card from HSBC, Citi, UOB all fail. Called the bank but customer service was unable to provide reason for rejection. Even made a trip to check with Bank Negara to see if there was any possibility of a loan taken due to identity theft. BNM officer also scratch head wondering why reject.

Later down the road, colleague got a call from his hire purchase officer - he revealed that the company's receptionist refused to forward calls to HR for employment verification

But anyway, between the rejection and mystery unravelling, I opened up a Maybank current account so I could issue cheques for big ticket items. The bank called me up shortly after offering a pre-approved Petronas Visa card and I happily accepted. At that point I only kept like RM1,000 in the current account and never issued any cheques. Maybe you can try the same route.

This post has been edited by roarus: Dec 8 2019, 09:37 PM

Try to apply for those less popular CC e.g BSN, Bank Rakyat, etc. Sometimes a good agent helps as well.

Maybank 5k for 5k fd pledge got ma