When I first had my credit card with the 3k credit limit, I terribly love to max up my credit card. Before the due date, I would attempt to hit the highest debt possible, like in open defiance. The highest I did manage to is RM2,992.56. Nowadays I can't do that anymore cause my credit limit is high. If I do that there is no way I can pay my balance in full.

Haha I do that just so that I could 'limit up' my CC as I desperately wanted to buy a DELL pc back then and I need it fast

I gave them a call after a few months that I would like a credit limit increased to RM xxxx. Thankfully, they raised it without question. If I didn't use a lot I assume that they will ask for my payslip which guarantee will fail.

Simple, my petrol is 100% claimable. Its about RM400 a month. I practically paid everything with my CC and thats about RM900 and thats about RM1,300 a month. But yeah back then my salary was only RM1.5k. I was really pushing it. By the time its near the due date its about 3k. So when my card is maxed up and and I paid the statement balance in full, it creates the impression that my credit limit is limiting me and not my salary. It works.

It will only make yourself look cheap. Cannot afford, don't buy. Simple as that.

Hey, i have a question. If we are going on a vacation and we call the bank to increase the credit limit, is the credit limit increase permanent or temporary? I'm not going anywhere but I was wondering if I could get my credit limit to a new level.

Don't see why cannot. Is the cheque to your name? If so show them the original cheque and your payslip plus ur bank statement. Since u don't have EA form, i think u will need 6 months of history. Rental income can apply for card one. Just put self employed, bank statement, and tenancy agreement.

OMG, you are too young to be working bro. Why are you not studying?

Not many here. Only for people who frequent this forum lol. If you don't want high accumulated credit card debt, avoid drinking and clubbing.

Well, don't fret as long as its the necessary stuff.

That only applies if you spend a lot every month...like a thousand or more. But if you spend only a few hundreds every month and you pay back in full, they are earning peanuts. The bank earns the most from you if you maxed up your credit card and pay enough that you are able to use it only for your monthly cc transactions.

How many cc company you applied before? You need to know your ccris record will shows recent cc application for up to 12 months. Each new application whether approved or not will be noted and will reduce your score.

MBF will automatically upgrade you to a gold card as soon as you spend 5k. No set time limit.

Btw, I was told that banks did their annual credit limit reviews on specific dates. I though its funny cause I believed its one year (after your 12th statement) after the credit card has been issued to you.

Its based on the merchant. How long is the installment will be decided the moment you make the purchase.

I'll say in terms of the 0% Installment, theres Maybank & Citibank everywhere...but Maybank wins overall in term of flexibility. They have 6, 12, 18 & 24 months. It definitely pays to have a higher credit limit with Maybank. Things that I really need and can pay up fast, I will use my Citibank. Things that I feel would best suit me if I drag the payment as long as possible will be my Maybank card. Like my Cali Fitness fees. I charge it 24 months. At least I won't forget that I am a Cali Fitness member anytime soon.

1. You can, as long as you have one month payslip above RM1500. You need to work for that company min 2 months so that when the bank did a verification check, you are still around.

2. All cards in have online banking.

DA will approve as long as you got degree cert. For myself, DA is good to keep in the drawer for emergency. Reason is because CIMB EPP Installment scheme is easily available everywhere.

Wow, now their 0% IPP can extends up to 36 months? My gawd and I though 24 months was long enough. Maybank totally pawned in this thing man. I can buy something up to RM18k and only pays RM500 a month....and since this card is free for life...just wow, no fees for dragging the payment terms... Now, we have more reasons to have a really huge credit limit.

Yeah but the % extra charged by Maybank for a 36month scheme won't be too bad. You can also think of the way of boosting sales instead only offering for deadweight products.

Now a lot of people would say why don't you save first. But as long as you can afford the monthly payments of all the IPP combined its fine, just don't let the bank squeeze any further interest from you. Now, that is the whole damn purpose anyway, right?

This post has been edited by soitsuagain: Jan 30 2008, 10:01 AM

maybe because its only a classic card. I have never heard of any classic card with high credit limit on initial approval. be patient and the credit limit will increase overtime as long as you pay the card on time.

which bank?

So even if UOB One Platinum has 100% saturation, they will still make a lost. But I think they are looking at the bigger picture.