most of the time i use Petronas but since they dont accept AMEX... i will use Shell next time.. its help me to earn points faster!

I see. Petronas will be my last choice of petrol.

Amex really gives lots of points....got for those who always go travelling...
now Maybank got promotion for American Express Charge Card-
Annual Fee Free for 1 Year!
You will entitle to participate in 'Scratch & Win' contest once your card is approved,and get freebies like i-pod,Universal CD,optical mouse...etc....

you are right...currently AMEX gives you RM1 = 3 MR points (if you take the turbo point program) which is RM1.80 per frequent mile... Thats really the best offer in the town now!! this promotion end late of jan.2008... i want to find a ways to earn more points during these periods. hahah..

yeah...you are correct....hmm.....so wat do you guys out there waiting for??
come and apply and get fast points...( Dozz,don't be angry ya )

haha.. why should i angry? i m not working for AMEX or Maybank anyway.. i will be great if AMEX get more card holders, so more merchants will consider to accept the card. haha

haha...thanks....yes correct,if more member,then merchant for the card will increase....
so....hehe...fast fast apply...

we have to remember that AMEX charge higher merchant fees. That's the main reason why lots of shops do not use it.
but like Dozz had mentioned before, and to those who doesn't know, pls understand that one have to pay full before he can use the card after being billed; thus it's a charge card same as DINERS.

Same goes AMEX credit card or what?

I read from the other thread said that there's AMEX credit card and AMEX charge card.

as far as I know, American Express is a form of charge card. they have pulled out of Malaysia and sold their product franchise to Maybank and Hong Leong.
what is left in M'sia is their global fraud, autho & collection team. but they're setting a new wing of global risk here to take care of this operations.

yes,corretc...indeed there are 2 types...one is normal credit card,another one is Charge card...where you have to pay in full after you use it and it has no limit...

I'm still a little confused. Meaning no matter which type, you still have to pay in full? Correct me if I'm wrong ...

The other thing is on no limit, what you meant?

have checked Maybank's website and saw the 2 type. the only explanation is they created this credit card product running on AMEX network instead of VISA or MASTER.
http://maybank.com.my/consumer/online_cards/amex_index.shtml
http://maybank.com.my/consumer/online_cards/amex_about.shtml

This post has been edited by b00n: Nov 5 2007, 11:19 PM

Do you guys know that actually AMEX doesnt have its own credit card in Malaysia? Those AMEX cards with issued by maybank & hong keong are actually co-branded credit cards, its not 100% percent from AMEX. Try to browse other countries AMEX's web sites like singapore, HK, Australia.. they all have their own AMEX issue credit cards avaiable.

AMEX was previously here.
But I guess market demand made them pull out 2 years ago.
But before they pulled out, they sold the franchise to Maybank and Hong Leong.
Their global Fraud, Autho & Collection team are still in based in Msia. Golbal risk HQ is in London, but are setting an arm here to further have monitoring on this Fraud, Autho & Collection team.

Maybank amex users here...being use for petrol for points....use for travelling as well.....

b00n:

Are you AMEX card holder as well? Does Malaysian's Amex charge card same as other amex cards that issued in other countries or not?

Nope, I just happened to be in Banking and Finance line dealing with risk management.
If it's charge card than it should most probably the same.
It's recognised and taken as a privilege and well accepted in overseas.
Partly because of the next to no limit bounds and also a customer would need to pay off the bill before next usage. Since AMEX doesn't earn much from the interest charged unlike credit cards; they would have to charge high merchant fees. Thus creating a hindrance from shops to carry the merchant.

i heard AMEX actually charge merchants 5% of the total amount charge..where VISA and Mastercard only 2% to 3%.. is that true?

yeap, it's somewhere there..........
That's why a lot of shop prefers cash instead. And some would imposed another separate charge of additional 3% or say no discount at all if purchasing via cards, because they want to dvert the merchant charges to customer instead.