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 Bank FD Collateral for Credit Card Approval, Or pledged fd

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accordvtec
post Jun 8 2023, 08:34 AM

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Joined: Jul 2021


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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yes. i got the amex 2 card plat when i was just in college.
pledged 10k fd for the cc and my credit limit is only 10k for the rest of the card life unless you apply for new then cancel your card wit fd

 

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