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 CREDIT CARD LIMIT MIN AND MAX DISCLOSURE

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Brotherjoe
post Jan 9 2022, 09:35 PM

Look at all my stars!!
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Senior Member
2,217 posts

Joined: Jan 2003
From: Ipoh/Penang/PJ/Melaka
QUOTE(plouffle0789 @ Jan 9 2022, 09:23 PM)
user posted image
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?
*
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.
Brotherjoe
post Jan 9 2022, 09:40 PM

Look at all my stars!!
*******
Senior Member
2,217 posts

Joined: Jan 2003
From: Ipoh/Penang/PJ/Melaka
QUOTE(kons @ Jan 9 2022, 09:25 PM)
my prestige is 250k
*
QUOTE(NoNameSoldier @ Jan 9 2022, 09:29 PM)
Mine is 250k
*
You no worries about credit card fraud?

Brotherjoe
post Jan 9 2022, 09:57 PM

Look at all my stars!!
*******
Senior Member
2,217 posts

Joined: Jan 2003
From: Ipoh/Penang/PJ/Melaka
QUOTE(mcchin @ Jan 9 2022, 09:43 PM)
errr , it's credit

problem, report and then ask for a new card

the bank is more inclined to solve the issue
*
Both my dad kena last time with HSBC. Card kena cloned. It was a foreign transaction and HSBC insisted my dad to pay.

 

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