Citibank Berhad




Hong Leong Bank Berhad (MYX: 5819)













The major requirement is your minimum income.


According to the 2011 BNM guidelines, the minimum income for a first-time applicant is RM24,000 annually.

Banks will require proof of income to qualify you as a credit card holder. Other than that, you must also have a valid identity card, employer letter of confirmation and other documents to support your application.

Not all banks have the same income requirement for the same card type.

For example, a Gold card by Bank A is offered to those with a monthly salary of RM3,000 and above, whereas Bank B opens to anyone earning a minimum of RM2,000 per month.



Income > MYR 2,000





Your credit limit is determined by your annual income (can be non-employment income, e.g. rental income).


If your annual income is RM 30,000 or below, your credit limit is capped at 2X your monthly income.


If you earn RM30,000 to RM120,000 a year, your credit limit is up to 4X your monthly income.


There is no regulation on your credit limit if you earn RM120,000 or more a year.


How much is yours?

This post has been edited by plouffle0789: Jan 10 2022, 12:32 AM

My Citibank Cash Back card has a limit of RM15,500

mine is 5k fd pledge

Why would I disclose personal info?

Only for Malaysian..for foreigners, still limit to below 15K lol

If your annual income is RM 30,000 or below, your credit limit is capped at 2X your monthly income.


If you earn RM30,000 to RM120,000 a year, your credit limit is up to 4X your monthly income.


correct?

how long you use you card edi?

my prestige is 250k

Cukur TS no bump his old tak laku tered

1/2 m

if the foreigners very rich,max limit is 15k only?

I think about more than 10 years already, it's mostly my spare credit card and last time was to pump Shell petrol.

In terms of the credit limit, it also depends. If the person is a bank employee, they can provide a higher credit limit as well based on your credit check.

My citibank clear limit 20k. They offer me to increase it to 50k without document, i rejected the offer

Yup, unless you have premier account. This is for tiger bank

This post has been edited by bananajoe: Jan 9 2022, 09:29 PM

Mine is 250k

Nopes, my boss who was from the UK last time had about close to a million credit limit.

Not local bank right ?

Local bank

my credit limit is lower than my monthly salary

Interesting. Will explore more

Wah ah? Isn’t it good? Emergency time, can use

Don't worry, submit a new salary slip and the bank will adjust it

means you put 5k fd inside the bank？？

https://www.hlb.com.my/en/personal-banking/...ed-deposit.html


hong leong bank very clever!!!

Not really, my Citi gold that I first applied during the roadshow at my company, the credit limit given is 10x of my monthly salary. Which I had to go request for credit limit reduction.

good tered ts

highest 50k from alliance
total from all 8 banks that offer me their credit card, 150k
Most stingy with credit limit? Public bank

Korret

Macam offer sudah expire last year

You no worries about credit card fraud?

Mine 120k. But hardly use. Usage less than 10k every month

No need so huge amount of credit card better later you cannot repay it for lifetime with interest.

ya.but what i know is cimb bank also told me before...

at 2018 or 2019


so this things is approved by bank negara right?

which bank?

errr , it's credit

problem, report and then ask for a new card

the bank is more inclined to solve the issue

Hsbc

no wor

cimb offer me 70k+ credit limit for like 2 3 years ago

that is more than 4X liao

i thought those multiplier only applicable to plati or below?



This post has been edited by fantasy1989: Jan 9 2022, 09:55 PM

is it difficult to get HSBC Bank Malaysia Berhad credit card ?

Yea quite hard. Same difficulty as Citibank. Foreign banks usually more focus on high net worth individuals. Small fry they dont want to do

This post has been edited by sexysarah1992: Jan 9 2022, 09:54 PM

means you credit limit more than 3x of your salary?

Both my dad kena last time with HSBC. Card kena cloned. It was a foreign transaction and HSBC insisted my dad to pay.

as long as ur celery above 3k, bank can give u the credit limit at their discretion be it 3x 4x 10x also they can gib u
if less than 36k pa, 2x limit of monthly celery is the max as they need to follow BNM rule
banker told me BNM very strict one. if they no follow, bank will kena..

This post has been edited by theberry: Jan 9 2022, 09:58 PM

do you have credit card?

how about if the person work at singapore?
I heard some people said all bank use currency rate

sgd/myr = 2.6

but not

sgd/myr = 3.09 (current)
...

This post has been edited by plouffle0789: Jan 9 2022, 10:00 PM

AS LONG AS THAT PERSON declare SGD income in malaysia
p/s when banker assess, they use SGD 1 : RM1

HSBC Mpower Platinum RM14500 limit
CIMB Petronas RM10000 limit

HSBC will rebate the RM25 gst on request.

This post has been edited by teckyuan: Jan 9 2022, 10:05 PM

Ayam use cc with limit of 2k ok je.

Useless card no need so much limit. Just enough for benefits will do.

Jan shopping spree.


This post has been edited by statikinetic: Jan 9 2022, 10:45 PM

all malaysians work at singapore just need to fill at Lembaga Hasil Dalam Negeri Malaysia form at rm '0'.


because we have AVOIDANCE OF DOUBLE TAXATION since

Entry into Force: 13 February 2006.
Effective Date: 1 January 2007.


AGREEMENT BETWEEN
THE GOVERNMENT OF THE REPUBLIC OF SINGAPORE AND
THE GOVERNMENT OF MALAYSIA
FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF
FISCAL EVASION WITH RESPECT TO TAXES ON INCOME




https://www.iras.gov.sg/media/docs/default-...vrsn=618dd822_0

my credit limit is 20k shared against both card wo... why so little one?

Are you a businessman?

or put many fd inside bank？

how much ?

before that my father kena apple.com charge,scam,maybank investigate and waived it.

he said many customer kena

3 years ago

never bring to BNM ?

yes

you have?

nope..just a working class.
for hsbc i dont have a single cent in the bank before i got my cc.just show them my payslip.
cimb i have around 6 figure in fd before i applied my cc .that time they only gave me RM 5k limit.
After that i requested , only then they up me to RM10k.
Maybank2 card offered me RM20K visa+amex but i decided to close my account because i hardly use maybank cc.

I applied all the card almost the same period of time because that time we dont need to pay gst.

This post has been edited by teckyuan: Jan 9 2022, 10:19 PM

I don't think that you need to be a self-employed or to pledge fd to get that credit limit. I beli 1 rumah already got 30k limit liao. But lapsap card lol.

not yet get

how many card do you have?

actually the time you buy car , can request a CC from the car vendor . they will help you one..

centurion charge card has no limit, ppl can buy house n cars with it.

your earning up to RM 5000 - RM 8000 ?

I didn't request for one cuz it wasn't a good time for me to get a cc. I started applying only after my income increased by a little.

I’m sole proprietor and both CIMB and PBB gave me 20k only each, despite I have records that show I’m deserving of more than that. Oh well.

i am working in sg. after conversion is around RM9k.

Do he put a lot of fd in bank?
or he has a very big business and use the same bank to do transactions?

then bank will see 0 income je
bank very ngau chi one when it comes to loan and cc

This post has been edited by theberry: Jan 9 2022, 10:30 PM

No, his salary is in the millions, C-level.

No dispute transaction?

Bank can charge back merchant, signature not same merchant can't argue.

I too kena from website selling ps4 for 1 us dollar, spend about 100 usd there for few items, know impossible that cheap but testing it. Merchant got otp and i authorize it, still can dispute transaction after 1 month didn't get merchandise.

Bank do full refund to me no question ask.

Applied Citibank many times via Ringgitplus but always got rejected.
Last year applied HSBC, straightaway got and got RM700 Lazada ewallet too.

I’m a government servant. Too bad Citibank don’t want my money

This post has been edited by Zaryl: Jan 9 2022, 10:42 PM

My limit is RM69,420

I'm in 30-120k annual income group, limit almost 10x monthly income

citibank suka2 kasi double limit jer

previously got credit card / loan record anot? maybe not enough credit history?

got a few, didn't count, but not use all

same.. my other cards all ok, only Citi reject me kaw kaw

I'm not even qualify to get a cc card.

woi centurion is black card liao wor
even bossku also dun have

Show off thread suda mali

Who 450k credit limit?

My citi reward card just got credit limit increased few days ago, from 55k to 110k
Last year June already increase once, that time from 27k to 55k
Citibank really crazy one giving out credit limit like no care

no one use SCB nowadays?

My credit limit is 30k (Citibank). I think it has been liddat for many years already.

They offered to increase it many times, but I used to hutang Citibank credit card for years (max limit) so it is not a good idea.

Now monthly I will clear it clean

datuk
tan sri
datuk seri

businessman







This post has been edited by plouffle0789: Jan 10 2022, 12:29 AM

i dulu ada CC lepastu takdah, sekarang macam mau apply yang shopee punya, got many benefit kan

Citibank suka suka increase my credit limit till 110k.

are you businessman?

credit card debt is a liability, negative of net worth.

for reasons only 4% of adults have over us$100k net worth or one need rm 2m net worth to be the top 1%.

Ccb , overlook to pay cc bills, late for 2 days
Kena RM50 late pymt fees.
I always pay on fully one.
So high credit limit for mat lan use.

for me cc is to build you ctos portfolio . so that you can take loan from bank next time more easily.

can email them ask them to revert the penalty.

Mine only only 20k. Gaji ciput

local also can get. can't reveal any more than this next part: foreigner, cc, local bank, iirc CL 1m. or was it half of that. he swipe to buy a watch.

Which bank?

Limit 1.2k

SC Priority 50k/100k

This post has been edited by ShinG3e: Jan 10 2022, 12:53 AM

AMEX Charge card do have limit actually it’s based on your spending and payment and adjusted accordingly from time to time

huat ah

Who even uses credit card limit as an indicator to wealth?