@princess_autumn87,
Er.. salesperson ?! Er.. Sorry but are U referring to the Platinum Credit Card which is open to all, or the Charge Card?!

PS: Maybe I'm just jealous cause I've not been invited by the bank to even decline the offer

@ellimist,
The benefits of the Charge Card doesn't really outweigh that of the Credit Card; maybe we don't have this 80% discount on air travel but that's based on rack rates so that may still be more expensive *shrugs*. Also the airport lounge is limited to that of KLIA. The Visa Infinite cards give worldwide access

And now.. I need to check out the Limousine Transfer thingy to see if any of me cards have it; haven't used any of these before and I think it's high time I started making use of it

if u biz frequent flyer, then its gives u more benefits than the AF of 2k.

and tht if u falls into the market target.
so ppl like us, just can dream it in dream.

Dear Tinkerbel,

i received the invitation via mail for charge card and later time amex in charge person called me and follow up my invitation also they offer both charge and credit card to me. they offer free for life platinum credit card as well. but i need to pay for the platinum charge card annual fee. therefore i still wondering should i take the charge card.

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Added on September 12, 2009, 8:30 pmDear Ellimist,

agreed!

This post has been edited by princess_autumn87: Sep 12 2009, 08:30 PM

To all new MBB Amex Gold CC owner, are most of you using MR points for cash rebates? Just curious how frequent do you call Amex 1800 line to convert MR points to rebates. Do you do so after received monthly statement?

aiyo...listen to veteran like tgeoklin,winner & tinkerbel it won't be wrong lar!.....

@truelife,
If elllimist is earning 6 figure salaries p/month then what's RM2380 p/year? *grins* Then again if that's the case then Amex would be offering him/her the Centurion oredi

Hmm 80% is quite a decent percentage, even if rates are racked a lil. Would think that if you take into account regular rates, you should be able to save. Don't compare to promotional stuff of course. Which once against ties back to the fact that if you need to fly frequently (and thus can't wait for promotions), that feature might just be useful as well.

As for the lounge, I thought there's - "Other Travel Privileges : International Airport Lounge Access, International Limousine Service, Private Jet"

Wasn't someone just talking bout private jets recently in here? =p

Yea, must admit, other cards have the limo thingie as well. My fren says it helps his dad alot, when he suddenly needs to fly. No idea what card his dad uses for that feature though.

Haha yea, seems tailored to that kinda ppl huh.

Thank you princesss =)

Well yea, I know it's definately not worthwhile taking the card for ppl like us. Was just trying to show another point in view. You know, just in case Dozz flys a gazillion times a week. The benefits might just make life that much more luxurious for him

I don't even earn 6 figures per annum

Hmm out of curiousity, say taking our Malaysian tycoons as an example; does Amex offer the Centurion to ppl like them in M'sia?

Dear Ellimist,

Yes, it really benefits for frequent flyer (i'm one of them) so im still considering whether to take this card or not.

@ellimist,
I think those who are holding Platinum cards are just one step to Centurion and might earn 6 figures

Ah ok, you fly alot on business? Or pleasure o_O

If you do take the card, let us know how it us, you know, if the travel benefits are really as good as they sound. Maybe you can tempt Dozz into accepting it =p

Was actually wondering if they even offer the card here. Just assumed they stopped at Plat in terms of charge card for our market

This post has been edited by ellimist: Sep 12 2009, 11:33 PM

ya, i will check it out once i decide to accept the card. maybe i should "induce" dozz to apply and see whether he able to waive the fee first. lmao

Actually, you can try. I did made purchase of car with my charge card. 17k for downpayment and another 15k for road tax/insurans/fee.



Eh Dozz, I also received the same invitation sometimes last week. Indeed the 100,000 point is not worth it eh..? But the invitation letter is nicely written to apple polish you..
Here is what they wrote to me.. just to share with you guys...

Did you mean that, if you were to pay the RM2380 AF for Amex Plat charge card, they would give you an Amex Plat credit card FREE FOR LIFE?

As far as I know, Amex can only give first year AF waiver for its Plat credit card.


Thank you for OVERRATING me.

I don't see myself a veteran in Amex, even though I first owned HLB Amex charge card 10 years ago. FYI, I only used HLB Amex charge card for 2-3 years, and I've just got my new Amex Gold cc last month. I am a more practical person, not matter how MBB staff approached me to sign up for Amex Plat cc when I submitted my application for Amex Gold cc. I value the features that directly benefit me.


I heard from my boss that he used his Amex Plat charge card to pay 100k for a private jet charter service.

Well, Amex Plat charge card (RM2380 AF) vs Amex Plat cc (RM800 AF), the former does offer more than the later. However, we need to evaluate and justify the whopping AF of RM2380 vs RM800 (can be waived in some cases).

For international airport lounge access, SCB VI also has this feature. However, AF of SCB VI is much lower @RM800. While Amex Plat charge card has no CL, SCB VI can give you a 6-figure CL easily. Perhaps Amex Plat charge card is very good for those who use private jet service multiple times a month, hence requiring unlimited CL for the infinite spending!

In terms of travel insurance, both Amex Plat charge and credit cards insure up to RM1mil. Meanwhile, SCB VI gives a coverage of up to RM3mil.

Talking about access to airport lounges worldwide, if you are on First or Business Class, you are guaranteed to enter the lounges WITHOUT showing Amex Plat charge card or SCB VI.


Centurion Black card has so much difference from Amex Plat. FYI, requirements for Amex Plat charge and credit cards in Malaysia are not high. You only need to have an annual income of RM100,000 and RM190,000 to be eligible for Amex Plat credit card and Amex Plat charge card respectively. What makes big difference is the Black card.


As I said, some car dealers do accept payment via cc, but it is not FULL payment. By paying the downpayment via cc, most car dealers will impose a surcharge. If you have the cash allocated for the downpayment, why let the car dealer impose a 3% surchage then?

Dear Winner,

yes, free for life - amex platinum cc

For my opinion, the free for life amex platinum credit card is just an extra card to hold in your wallet. Plat Charge Card entitle for 10X points too at bonus partner like what Plat Credit Card does.

RM2380 for a card annual fee is consider over priced but if any of you want to 'feel' of being plat charge card customer, maybe can give it a try for one year... second year convert back to gold card.

This is interesting. This is the 1st time I hear about "free for life" AMEX PLAT CREDIT CARD.

However, are you sure that the PLAT CREDIT CARD will still be FOC if you discontinue to pay the 2nd year AF for the PLAT CHARGE CARD?

Below is the amount charge by AMEX while I was at Universal Stuidios (AMEX gets discount for transactions) on 12 Aug 2009. All 3 charges have different fees using my Gold Charged anc Credit Cards


Card USD RM RATE FOREX Ratio
AMEX 29.58 105.51 3.56693712 3.51186 1.015683176
AMEX 49.11 176.83 3.600692323 3.51186 1.02529495
AMEX CC 83.19 298.56 3.588892896 3.51186 1.02193507

This post has been edited by Gen-X: Sep 13 2009, 11:38 PM

maybe different posting dates? unless even time of the day matters...

Keeping in mind there are always variables....

According to Bank Negara, the indicative exchange rate for 12-Aug-09 is 3.5245. Seems like all 3 transaction of yours is on the high side, with about 400 to 800 base point higher. For bank draft, we can get about 200 base point higher. With Mastercard, not uncommon to see about only 100 points higher or even -ve points (must be due to intra-day fluctuation).

Certainly food for thought.

It's because Amex has by far the highest admin fee on overseas transaction as opposed to VISA/MC and vis-a-vis other banks.