Hahaha .... it was a long debate on that card in the last thread. Anyway ... I think you need your beauty sleep for the nite. Don't stay up too late !

Yes ... I already did. A few days back, it was the holidays promo this time.

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Added on May 22, 2008, 8:48 am1. If you applied and send the application directly to the bank's card processing centre - fastest.
2. Send it via bank branches - medium / depends on your luck. Banks gather all the documents first they want to send out before they dispatch it to the main branch.
3. Apply via credit card agent who works for the bank - medium / fast / depends on your luck. (Similar to scenario 2)
4. Apply via credit card agent - slowest / medium (and not to mention risky). An unethical agent may sell your personal details to a 3rd party without you knowing it.

My worst experience is dealing with a credit card agent was with SCB's (P**** S********) - the guy lost my application and then act as if nothing happens. I asked him where's my application and he said lost it / didn't get it / all sort of excuses. 2-3 times of follow up and then I gave up.

Another time, it was with a lady (But I can't remember for which bank) - I faxed over the docs and then she said she shifted office and don't want to go back to the old office to pick up the docs. It was difficult to get her in the first place and after strike 3 - you're out!

Thank god I don't have to deal with credit card agents these days + if I do see something like that I won't apply already. So, you still want to apply via agent ?

This post has been edited by hye: May 22 2008, 08:50 AM

Plenty of interesting developments over the last 24 hours I see. Anyway, just let your folks enjoy their holidays but in the meantime, i think you are about to clean your credit card accounts.

I agree with ya - the CL that they offer to you is simply ridiculous. I wouldn't have accept it myself.

Nope ... you got your info all wrong. There's 2 types of AMEX in Malaysia - credit card and debit card (both issued by MBB as they bought over AMEX operations sometime back)

- Credit card version functions similar to a normal typical credit card. You won't be charged interest unless you don't pay in full when the billing cycle comes.
- Charge (edited) card version you need to pay in full. Else you'll be charged a penalty for it (I'm not sure about the interest on the unpaid balance)

This post has been edited by hye: May 23 2008, 12:09 PM

You are right about that ... my mistake. Corrected it already.

For fresh graduates, they can try to apply using 1 month payslip. Probably if they are working for big companies, the banks will see this as lower risk but if they are working for smaller companies then very difficult to get approval.

Banks will ask for any proof of income and this demonstrate the person ability to pay off their expenses. So if that is non-existent then I doubt so any banks will issue this group a credit card.

My advise is just try your luck, you may never know if you managed to get 1 pay slip. Just be forewarned, most banks will have in their application form your employer's details and probably one of the info they'll ask is that how long you have been with them. *Hint*

It can't hurt to be patient (just carry cash for your convo) just a little bit longer since you have came this far. Congrats on your convo !


On another note .... I wonder if any of the banks are taking notice of all of our complaints in this forum. Some of our CS experiences are horrifying enough and probably the banks would want to take note.

Very courageous of you to send such letter ! One of the answers that I hate so much is whenever the bank rejected your card application, credit limit increase (temporary/permanent), etc (you get the picture). They always blame it on the management - such answers like "The management have decided not to approve your application" or "It's the management's decision" is always the norm. To me this sounds very impersonal + lots of people out there who's well educated and they'll know it's just a lame excuse.

Anyone with similar experiences ?

Yeah, I agree with ya. We have the right to know as we're not asking about someone else's account! It's ours! I've came across this scenario one too many times in my lifetime.

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

This post has been edited by hye: May 26 2008, 11:39 PM

Is it true that banks would be able to see all the credit cards (and perhaps all our loans) that we own and its credit limit ?

If this is true, is the system updated on a daily basis ? E.g the moment let's say I cancel my card today with one bank, the info would be updated on the fly and the information disappears from other banks view's almost immediately ?

Strangely the banks never came back to me to offer a new card whenever I cancel their cards.

Someone told me it's the same for both VISA and Mastercard these days. Except of course for AMEX and Diners. Anyone here who can confirm this information ?

Nope ... you'll still be charged for the Cash Advance fee.

@tinkerbel
From my understanding of how Cash Advance works is that it charges you a fee the moment you use the facility which is about (Using HSBC as an example) 5% of the amount withdrawn or a minimum of RM15. (Whichever is higher) In addition they'll charge you a 1.5% per month admin fee from the very day you withdraw the money.

OK ... so assuming you have no retail spending and the amount that you withdraw (Cash Advance) is less than the money that you have deposited, I think you shouldn't be charged the interest. If your "extra cash" is not enough to cover the withdrawal than you'll definitely be charged interest on the difference.

@Shinichi
You can no longer use your card but the bank will not be automatically be refunded to you. Nor will you earn any interest on the extra money that you in your credit card account.

My examples came from some else I know and even I myself kept on receiving the monthly statement from AEON credit card although I have canceled it between 1-2 years ago. It's the same scenario - cancel card but you have overpaid. The bank will keep that money until you ask for a refund.

BTW ... I think I sent a letter to AEON requesting them to refund that cash but for many months they have never replied to my mail. Re affirms my opinion that I would not ever want to apply for an AEON credit card ever again. It's the worst credit card that I've ever used, PERIOD.

No ... UOB rewards point are not evergreen. Means, they have an expiry date unlike Citibank.

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Added on June 1, 2008, 12:44 pmJust to add what David83 mentioned, you could also try to apply from other banks (e.g HSBC, UOB) and see what credit limit they give you. If the alternative banks give you more credit limit then you can consider terminating UOB if they still don't upgrade your credit limit after 1 year.

This post has been edited by hye: Jun 1 2008, 12:44 PM

From my experience, with the exception of CIMB - all other banks will tell you "It's the management decision to reject your application". You can force the CS to tell you but I doubt so they will tell you the reasons or in most cases will the information be available to them via their CS screens that they have in front of them when they are speaking to you.

Yeah ... since you mentioned it I wondered why as well ?

If I'm not mistaken, I came across a recent advertisement that says EON cc now offer 2% rebate for petrol purchases as well. This puts them on par with DA cards.

Anyone here saw that advert too ? (tinkerbel maybe ? .... active guest here)

This post has been edited by hye: Jun 4 2008, 09:36 PM