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 Bank FD Collateral for Credit Card Approval, Or pledged fd

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TSplouffle0789
post Aug 5 2023, 03:09 AM

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QUOTE(cloudwan0 @ Jun 8 2023, 02:58 PM)
yes.
nothing good from HSBC, usually sign up for point, free gift...

my mandate card only 2~3 cards, but i got like 20+ different CC from different bank...
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user posted image


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This post has been edited by plouffle0789: Aug 5 2023, 03:11 AM
mystalyzer
post Aug 5 2023, 04:13 AM

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wow so rich
cloudwan0
post Aug 7 2023, 09:02 AM

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QUOTE(plouffle0789 @ Aug 5 2023, 03:09 AM)
» Click to show Spoiler - click again to hide... «

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compare with this?

https://www.uob.com.sg/personal/cards/privi...metal-card.page

im thinking to apply, but i only eligible for 40k miles not 80k miles
JimbeamofNRT
post Aug 7 2023, 09:13 AM

the Original Lanji@_ Chicken Rice Shop Since 2002
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QUOTE(plouffle0789 @ Jun 8 2023, 09:13 AM)
don't have to queue when go bank
Really?

Which bank offer this?

Show world credit card no need que?
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cant remember when was the last time I went to the bank

nowadays, all online, open acc also e-kyc, submit docs all online

Queuing at the bank? let just reserve that for old fellas who die die need to meet some cute teller at the counter

This post has been edited by JimbeamofNRT: Aug 7 2023, 09:14 AM
kons
post Aug 7 2023, 09:24 AM

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QUOTE(plouffle0789 @ Jun 8 2023, 02:11 AM)
Like maybank ,cimb bank,public bank?
Really the fd is tied with the credit card?

Cannot withdraw the fd unless the card is cancel?
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no one cares about your fd once your card approve.

the fd is just for the card approval and credit limit..

after 6 month i withdraw the fd .. and use it on other banks
Ayambetul
post Aug 7 2023, 09:45 AM

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Ayam don't get it


What to brag about credit card, it is not even the legendary black card
TSplouffle0789
post Aug 7 2023, 09:53 AM

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QUOTE(kons @ Aug 7 2023, 09:24 AM)
no one cares about your fd once your card approve.

the fd is just for the card approval and credit limit..

after 6 month i withdraw the fd .. and use it on other banks
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Must after 6 months?


cytyler
post Aug 7 2023, 09:57 AM

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tried to apply for hsbc cc that salary requires 3k/month, where my salary is 4x the requirement, yet get rejected. i wonder how they evaluate the applications.
TSplouffle0789
post Aug 7 2023, 10:55 AM

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QUOTE(cytyler @ Aug 7 2023, 09:57 AM)
tried to apply for hsbc cc that salary requires 3k/month, where my salary is 4x the requirement, yet get rejected. i wonder how they evaluate the applications.
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https://www.hlb.com.my/en/personal-banking/...ed-deposit.html


The eligible card type and corresponding minimum FD pledge amount are as follows:
Card Type

Min FD Pledge Amount (RM)

Emirates World Elite

50,000



Emirates World

20,000



Emirates Platinum

12,000




airasia Platinum

12,000




airasia Gold

2,000





GSC Platinum

12,000




GSC Gold

2,000




Sutera Platinum

3,000




Essential

2,000




WISE

2,000




I’M

2,000



Just ask the hsbc bank staff how much fd need?

Maybe just 3000?
fantasy1989
post Aug 7 2023, 10:59 AM

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QUOTE(cytyler @ Aug 7 2023, 09:57 AM)
tried to apply for hsbc cc that salary requires 3k/month, where my salary is 4x the requirement, yet get rejected. i wonder how they evaluate the applications.
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record cantik?
trojandude
post Aug 7 2023, 11:33 AM

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I use AmEx plat. This one better than most black anyway besides AmEx black. Most if not all local CCs including the Priority Banking ones (use FD as collateral as you say) have foreign transaction fee which is lame. Frequent travelers have lame choices of card in Malaysia.

I think only OCBC Voyage have 0% foreign transaction fee

user posted image

This post has been edited by trojandude: Aug 7 2023, 11:35 AM
kons
post Aug 7 2023, 11:49 AM

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QUOTE(plouffle0789 @ Aug 7 2023, 10:55 AM)
https://www.hlb.com.my/en/personal-banking/...ed-deposit.html
The eligible card type and corresponding minimum FD pledge amount are as follows:
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me using emirates world elite. vertical card rocks.
but need to swipe 350k per year to get free return biz class to europe.

TSplouffle0789
post Aug 7 2023, 12:07 PM

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QUOTE(trojandude @ Aug 7 2023, 11:33 AM)
I use AmEx plat. This one better than most black anyway besides AmEx black. Most if not all local CCs including the Priority Banking ones (use FD as collateral as you say) have foreign transaction fee which is lame. Frequent travelers have lame choices of card in Malaysia.

I think only OCBC Voyage have 0% foreign transaction fee

user posted image
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This card have some special features?

Can put fd to get this credit card?
jon0000
post Aug 7 2023, 12:15 PM

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QUOTE(kons @ Aug 7 2023, 09:24 AM)
no one cares about your fd once your card approve.

the fd is just for the card approval and credit limit..

after 6 month i withdraw the fd .. and use it on other banks
*
I got rejected by cimb MY for credit card and they ask to pledge fd ~ 10k.

Any diff between normal fd and cc fd ? I have extg fd with the bank does that not count ? More than 100k
cytyler
post Aug 7 2023, 12:41 PM

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QUOTE(fantasy1989 @ Aug 7 2023, 10:59 AM)
record cantik?
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the only loan i have is car loan rm700/month , ptptn settled few years ago , no other loan or anything ...that keeps me wondering why
trojandude
post Aug 7 2023, 12:47 PM

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QUOTE(plouffle0789 @ Aug 7 2023, 12:07 PM)
This card have some special features?

Can put fd to get this credit card?
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You can google it. On top of my head
- cheaper fare when buying ticket using AmexTravel
- Gold status in Hilton, Marriot and few more (when you stay at their hotels, can get free upgrade sometimes, and usually free breakfasts and late checkout and more)
- bunch of statement credits...u can google it
- of course 0% transaction fee

No cannot use FD. Minimum 150-200k SGD annual income.

https://www.americanexpress.com/sg/charge-c.../platinum-card/
deodorant
post Aug 7 2023, 12:53 PM

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I’m confused. Is this lowyat.sg or what

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