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.