how much do you need to pledge for Citibank Prestige? I'd like to know.

Especially personal loan !.

When people in need of money, they will reject.
When people have sound financial status, with FDs and saving - they call you if you need personal loan.

Speaking of first credit cards, I can still remember the first credit card I ever had upon entering the workforce...

HSBC with RM3K credit limit...

Dude.. there are so many banks with credit cards out there. Why do you aim the top banks who receive thousands of applicants everyday?..

Can you imagine they can pick and choose who they want to give their CC to.. ofcourse they will reject those applicants who arent up to their standards.

Even if you meet the minimum requirements.. there is somebody like myself who has 10 years of good credit history.. all kinds of loans, fully paid off and giving the banks business in the form of paying loan interest worth more than 20k rm ever year..

Who are you? You are nobody to them.. likewise, im a nobody and that's why I didnt even bother applying for pbb card until they gave me a home loan with a credit card attached with it.. plus they gave me one of the lowest credit limit I've received in a long time..

You are not wrong in aiming to build credit history as soon as you enter the workforce.. it is the first path towards building your networth .

Why not start with the lesser banks or even shopping credit cards.. like aeon cards. Any card is better than no card. Im pretty sure you will be able to get a card eventually.. provided you start from a low tier credit card.

Then go from there.. everytime you meet the requirements, wait 3 months to build payslips then submit to the banks..

It is good to have a fd placement too.

Best of luck. Whatever it is, credit isnt a right.. it is a privilege. Dont take it forgranted.

This post has been edited by Liamness: Dec 10 2019, 08:50 AM

I have simar problem applying cc from rhb
Just a basic card, min 24k
But still needed to pledge with FD.
Kinda weird tho, as my business current account is with them
I would say good record, never bounce cheque, well above min required balance, in and out money without any suspicious transaction.
Also saving account and placing promotional FD with them.
Still need to pledge with FD with simple CC
Lol..

Funny thing,
Tried to reapply without pledging FD after few years, fail few times
Tried with PB without pledging FD, bang, got it. and it's the first time trying.

Beg to differ. My ccris last year was 0 as well but no problem applying Maybank 2 Card, car loan for my BMW and house loan for my semid in EW. My income is way above 20k monthly. It has to do with you income level

Sorry, I may use the wrong choice of words previously. When I mean too clean, I mean there is no record at all.
Just like the one shown by TS.

If you observe at the installment area, there is no credit record at all.
Good record and no record are different.

I believe you mean by '0' is promptly repayment of loan?

Also, did you apply the BMW or/and housing loan before applying for a credit card?
Because normally, if you apply car loan/housing loan , they will give you credit card even you didn't apply for it. At least from my family and friends experience.

Submit ur epf statement sekali

0 as in no loan at all therefore no records

No, was applying all 3 at the same month and all approved

This post has been edited by kkkw80: Dec 11 2019, 07:05 PM

Just an update for the readers of my thread, I truly that you all for your inputs as for now, like Liamness suggested, I'll try for Bank Simpanan Nasional (already submitted) if it still fails then I'll go for Bank Islam. I hope as these banks are easier than so called top tier banks.

Maybank 2 reserve require annual income of rm100k. Do you meet the requirement or not? You can try applying through maybank website directly. It's very user friendly and the card can even be posted to your office if you want. Don't need to waste time going to branch.

If you meet the requirment you can submit online a few times. I recently applied for maybank fc barcelona and it was rejected the first time. I've retried not long after that and it was accepted.

I got rejected by public bank as well and dint retried because need to either submit through branch or post to their office. Very troublesome and time consuming.

Good luck and dont overspend

Because if you no money to repay, they are not going to call you. If you got loads of money and always repay, then you are potential good customer!

LOL.

How's your personal credit report on Ramci?

I got a score of 8 & face no problem in getting my Maybank Islamic Petronas Ikhwan Visa Platinum Card-i, no need to pledge with FD or anything

Maybe you can check on that with your bank first

how do u check this?

nothing. just apply and it was approved.

Now ptptn payment conduct is part of credit assessment by local banks

If conduct mcm lan then won’t get it

Try applying after 6 months of employment. Best if its after 12 months of employment so you'll have a full year of EPF history.

Also it may be easier if you apply with the bank that gets your salary.

The market is so competitive these days that banks are going out of their way to onboard new customers. You’re unlikely to get rejected unless one or more of the following occurs:
1. You have a poor credit history.
2. You have no credit history.
3. Your income stream isn’t steady. This includes employment in high risk sectors such as O&G etc.

Building a good credit history is easy. Pay your bills on time, and make as many payments as you can on your debit card instead of cash. For my first CC application, I submitted copies of my bank account and EPF statements.

HSBC just throw me credit limit upgrade after credit limit upgrade.....guess they want to drown me with debt

They look how much your saving account

I still remember when i do business .
Business was great. Lots of money in saving account.

I dint even pay tax yet, no proper document.

Still can get platinum cc from Maybank.

Once i setup the tax document, can apply even more cc