Both amounts (Late Charge and Retail Interest) were reversed on 26 and 27 April. Very fast. Just only saw when I login to check other things.

Of course CS said this is good will and one time only, so I better not forget again =) will be much more expensive next time as now have taken cash-on-call from them as well.

How long from application to approval to money received in your case?

Or anyone else got experience?

For me applicaiton to approval in 2 days, money not yet received though.

Thanks, money just arrived in the destination account, so it's actually same as you (today is day 3 for me).

You can say.

You would be wrong.

Only the bank has specific info on each card customer habits and distribution of customers, but from Malaysia wide statistics we can clearly see majority of CC holders are not on time payers.

Affin card so slow to show transactions ah. 13 and 14 May transaction still not showing, statement generated already and it will be pushed to the next month cashback it seems.

This post has been edited by LostAndFound: May 17 2021, 09:02 AM

Let's say for the previous month you got RM80 cashback and you spend exactly RM3000.

Do you think your statement balance is RM3000? Or RM2920?

If based on statement balance then effectively you have to spend RM3080 per statement to be eligible. I do not know any other bank which practices it this way though. And this isn't even considering refunds of AF/SST or what not (or whether AF/SST are included in the 3000 since they do appear on statement).

I would guess that it's just simple RM3000 spending per statement. Or more complicated a bit, highest outstanding balance in the system was 3000 in the statement month (this one maybe can manipulate a bit, so I don't think so).

This post has been edited by LostAndFound: May 18 2021, 11:07 AM

Yes I requested only when appear in statement.

you mean credit share is a 0.65% charge on your spending, actually.

It is only useful if you have a big bill at the point of time you pass away (then your estate can write off). If it's some normal spending (e.g. RM3080 per statement with current iteration of the card) is it really hard for your estate to pay off?

And the price for this protection is either a cumulative 0.65% charge (if you take advantage of intererest-free period) or immediate paying off of your spending (in which case what's the point of a CREDIT card?).

Anyone know which online/ewallets will receive Affin payment immediately such that statement posted same day as spend? So far seems like shopee/TnG are +3 days or so.

Only for the NEXT statement after that.

E.g. let's say June statement didn't hit RM3000 (for whatever reason).

in July statement you can either:-

1. Spend 1667 for RM50

or:-

2. Spend RM3050 for RM50

If you go with 1. then the August statement is the same thing. But if you go with 2. then for August statement you can either:-

3. Spend RM3080 for RM80

or:-

4. Spend <RM3080 for 3% cashback (max RM80)

If you choose 4. the for September statement you reset to 1. or 2.

So the conclusion is, if you plan to hit RM80, must do RM3080 in statement every month. Missing one month will affect the next month's cashback (and you still need to spend RM3050 with half of that being zero cash back amount). So compounding your 'disadvantage'.

Most sui will be if you get some refund and drop to statement amount RM2999 =p

Yes. So for you to ever get rm80 cap you will need to one month spend roughly 1.4k without any cashback

I will be testing. I have two Affin account (myself and wife). Mine I have applied and got approved cash-on-call, so statement balance is >3000 with COC included (and would be less than 300 without it). My wife's account I didn't apply, and actual spend >RM3080 (statement amount RM3005).

If both receive full RM80 next month then can confirm that COC is included. I'm quite confident it will be.

Definitely, once my next statement date hit (16th July).

More than 6 months, what are you worried about? I think many of us in this specific sub-forum apply more often than that (I average 3 applications a year, almost all approved).

More important is whether your current approved cards limit (in totality) is viewed as high risk, whether you have a history of not paying bill, whether your income is viewed as stable (if you're working in airline industry currently I think tough getting any bank to approve, for example). Not just duration since last application (unless you applied 10 cards in the past 2 months).

Definitely better % cashback. And your math is off, only need to spend RM1666 to get RM50. No need to add RM50, because RM50 cap not affected by spend.

On the other hand, would you prefer to spend RM10 and get back RM8 (80% cashback!) or spend RM100 and get back RM20 (20% only wor).... Some would prefer the higher amount, as long as the spend is not wasted spend (or washed properly hehe).

Another way to consider it is, let's assume you already spend RM1666.67 for one month. You will get RM50.

If you spend an additional RM1483.33, you will get RM30 cashback. Which is 2.02% cashback. Some will feel not worth it. But if you tend to spend using let's say Liverpool card, or Barcelona card, anyway, then this is still better return than those.

First you need to ask yourself what is the value of those reward point.

How you manage to contactless RM2666.67 per month?

This post has been edited by LostAndFound: Aug 4 2021, 04:33 PM

Oops then ChiaW3n you really can tap so much monthly ah?

Oh, sorry to hear that, hope your dad's health is good and improves.

So this is one-time only right? Not every month?