oh... u applied MBB Amex? 

btw, i saw this when shop at the Jasco just now. the wired thing is, Maybank is Jasco's Bank, but why Citibank managed to do their promotion there?



if im not wrong, Jasco One Utama got the Visa Wave device, while Jasco Wangsa Maju still dun have. 

@hye,
Sis and I were just having a conversation last night about banks.  Apprently, UOB called the house for verification [we figured dad must've swipped a large amount & know he wouldn't pick up unregistered calls when he's abroad].  Apparently all they wanted to know was whether dad was overseas.  The bank had refused to let us know how much he swiped [which is fine] but when we asked what currency the bank just repeated their question and asked if dad was overseas.  It was when we said he was in Korea that the bank officer told us that he had swiped some korean won *doh* [and that's not even true cause dad swiped it all in USD!]

Anyhow, sis was just saying - the next time a bank calls, she's going to ask them to verify they're really from the bank:-
1) What's my father's name?
2) What's his billing address?
3) How does he normally make his payment?
4) What's his NRIC?
5) What's his mother's maiden name?

Now.. it'll be funny to see how the conversation goes - anyone wanna try and report back to us on the conversation?

@yewkhuay,
In ur case, he was probably given just a phone number and no additional details.  HSBC is centralised so when I had sufficient $ to become a Premier Member and enrolled for it, they just took all my details from their existing database off my record as a HSBC Gold credit cardholder. 

Your sis is cute..    ..is she still available? 

@vin_ann,
Yes it is time consuming to write an official letter but I think it's important as I want an official reply from them.  I didn't post it off, but faxed it off.  And if I don't hear from them in 2 weeks, I'm going to re-send the letter; this time I'm going to go through the Citibank Platinum Priority Line 

I've tried using the feedback / contact us through Citibank online but again I never received a reply! *grins*  I don't want them to tell me my mail was lost in space but well since U brought it up, perhaps I'll just relog in and cut the entire letter into it and send it off

*looks at sis's queue*
*looks at her own queue*
*shakes her head* 

@tinkerbel
Post a picture of yourself and maybe your queue will grow exponentially as well. 

Btw, did you guys know about this new BNM ruling whereby if you are not a full pay master of your credit card for the past 12 months, beginning from June/July, all your transactions would be charged finance charges (17% p.a.) the moment you swipe. It means irregardless what you buy be it petrol or PC parts, it will have finance charges starting on the transaction date itself.

I have no idea why on earth the government is doing all these. The current situation is terrible enough yet they implement this rule to kill us further. I'm sure more than 50% card users do not settle full amount every month so the banks now earn extra 1.41% all of a sudden every month. If you swipe for handphone, etc then they charge you extra 2-3%. This is pathetic!!!

I totally mis-read the part about "Interest Free" period - didn't know it depends on our past 12 months payment also. I mean if I'm not a full pay master and still 18% per annum and doesn't change then I won't give a heck but now, it's finance charges since day one. Thanks BN and BNM, you are really the "Barang Naik" of Malaysia.

---

Added on May 27, 2008, 12:30 am

We don't get a say nor decide on the restriction and troubles. Someone from BNM and BN did it for us
Saying is easier than done. Of course if I can pay everything then I wouldn't even need a credit card in the first place or I'll just get AMEX or any other charge cards. Plus, we need to be full pay master for the next 12 months to re-enjoy the interest free period. It's such a dumb move especially when I'm using the card for the past 5-6 years but if someone apply a new one, he/she gets the interest free period for as long as they make full payment.

Are you doing a cash advance withdrawal? Won't that be charged from the 1st day (interest or financial charge) with some withdrawal fee?

When you change cards, there's a cooling off period. You cannot just cancel and re-apply.

It's good that the bank doesn't earn a single cent from you but reality is, not everyone is so rich Many people buy things with easy payment, installment scheme, etc. There are more poor/average people than the rich around.

BNM uses this as a good excuse to say they are trying to save us. It's just like how BN says increasing the price of ciggarette trying to cut down smoking but the fact is, does it really help?

---

Added on May 27, 2008, 12:41 am

I think he deposit cash into the card so there would be no charges since the bank owes him money instead of him owing the bank.

I didn't make minimum but I don't make full payment - that's the problem It's alright, the solution now is to get a new card and cancel what I have for years.

I believe Easy or Flexi Payment and 0% installament programme are very benefits to consumers if you use it smartly. You won't burden or burn your wallet in short term in order to get what you want. Just plan your purchase wisely and you won't be trapped by cunning banks.

By the way, MBB doesn't have Easy or Flexi Payment right? I know they have year long low interest of balance transfer programme which not that useful to me.

If you want to be a politician and want votes, saying these are potentially disastrous. You sometimes have to see conditions of other people and just because we are in the financial position to do so, it doesn't mean other people are the same. Everyone wants to have a good living, not just you and me and many people tried their best but sometimes they still can't Someone earning RM1,500 might want to get a furniture for his house but can't afford or get a PC for his kids but need an installment. It's always a case by case basis. I always feel thankful that I am given a good source of income but I feel sorry for those that doesn't. The world is never equal so I often put myself in other's shoe

California state is a good example on how they curb and discourages smoking. Although dollar to dollar a pack of ciggarette there isn't very expensive compared to here but they make use of the money to do proper awareness, etc. Over here they are just making excuse to jack up price of things.

---

Added on May 27, 2008, 12:59 am

It's not only my problem but many other people's problem. It doesn't mean when it's not your problem, the other 70% Malaysian population have no problems

@clawhammer,
B realistic - toll prices will increase but it will never increase by 200% at one go! *doh*

I think someone mentioned this topic was discussed in Credit Card Thread V2 [i haven't come on board then so *shrugs* I had no idea what was shared]

Also, we aren't rich.  We're just careful with our $ and responsible

@nicole_nic81,
U haf a point - credit cards are being issued to easily these days.  I gave Citibank a piece of my mind when they tried upgrading my Clear Card to a Gold Card reducing my current total combined limit from RM19k to RM7k.  I haven't heard from them but it doesn't matter cause I'm not planning to continue using Citibank as my primary bank.

If the cards are free, I see no harm in keeping it.  I applied for the DA Gold Credit Card many years back cause it was Free For Life with no conditions attached and found use for it at last year's PC Fair - a friend wanted to get a laptop and only the local credit cards were offering 0% instalment plans so we signed it off using this DA card of mine

@yewkhuay,
Ur right - I don't like carrying too much stuff in my wallet; it makes it bulky and I don't need so much credit limit.  In fact, I carry 3 cards out; 2 Citibank & 1 UOB.

wah! G2000 got card already?? last time when i wanted to apply they said don't have =.= but oh well, it was ages ago

@clawhammer,
I thought it was 1 June 2008 until I checked out the banks' website on this tiered interest rates.  I got this off Citibank's site :

"Citibank credit cards are designed with benefits that allow you to enjoy and live life to its fullest. As such, effective 1 July 2008, Citibank will introduce a new Tiered Interest Rate Structure on retail purchases in line with the latest guidelines by Bank Negara Malaysia."

---Added---
Another issue with Citibank came up this afternoon when I was trying to log onto my online account to make bill payments.  Apparently my Clear Visa Card account has been shut down / closed.  Here's the gist of the story:

1) i needed to pay bills
2) i couldn't log in to my citibank online
3) i called called customer service
4) they tell me this account i'm logging onto has been closed / shut down
5) i tell them it's not possible because i just used my card tis afternoon
6) they tell me it can't be cause my account is shown as closed in the records but i ask them to check anyways
7) they tell me there is a record of a transaction going through this afternoon through this closed account
8) they got confused and put me on hold whilst they got their manager to speak with me
9) i wanted to know the reason for this account to be closed, and why the physical credit card was usable if the account is closed
10) she explained the platinum visa card offered to me will override my existing visa card cause it's a higher tier
11) she explained the physical credit card of the closed account is still usable for the next 90-days
12) she couldn't explain why i wasn't informed about the card being an upgrade, that my RM should have told me

Now I wonder what's going to happen if I decide not to want the Platinum Card *grins*

I'm just trying to help jchong clarify that it's true that you have plenty of Platinum cards

annual fees is okay because you can use the points to waive it. but i bet many waives it without even touching the points 

hey guys/gals, im just notice the annual fees of RM388 is being charged to my UOB One Platinum card. 

and the next line, it credit back immediately. 

my master card got kena charge annual fees same case as visa...