@JamesPond,
It doesn't hurt to do some googling on ur own u know?! Anyhow, the OCBC iQ account (or cash flow management facility) was introduced early this year.

U can get more information about the account here

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Added on June 10, 2008, 1:53 pm@kons,
MBB is my 'daily' use account. I also needed the cheque facility to make CC payments and car repayments. I also find it convenient since I could always drop by the MBB ATMs to get cash, plus most friends are using M2U so that's more convenient when we do $ transfer.

I don't like the idea of MBB making all my $. I maintain a min of RM5k in my MBB Premier Account (interest only given if min balance is >RM5k) and do make sufficient interest every month to waive the RM5 fee but what's the point of keeping >RM15k in that account when I could always shift it to an account that'll give me more $ and flexibility of withdrawal.

I do know the UOB High Yield Account is pretty good for that but instead of me shifting my $ from HSBC to UOB, am looking at HSBC as an alternative. Until then, I'm sticking with MBB *sigh*


This post has been edited by tinkerbel: Jun 10 2008, 01:53 PM

i know what is iq thing.........but i never know there is iq platinum card...
what is the different for iq plat and ocbc plat...that is what i want to know...

@JamesPond,
iQ Plat is probably a Junior Platinum since it requires only RM60k p/annum. U need to do a direct comparison between the OCBC Plat and the iQ Plat card to know the actual/real differences.

oic..thanks for the explaination...
i am holding a titanium card....but nothing special about it...

@JamesPond,
The Titanium Card is still lower ranked than the Platinum Card. Also, the good benefit of the Titanium card is the Buy 1 Free 1 movie ticket at Cineleisure. My sister was interested in that card but got rejected twice. She decided to black list OCBC !

Maybank internet banking is good but there is a limit even in fund transfer.
HSBC fund transfer limit so far is much higher than Maybank.

One thing I find out is that Maybank CC is really difficult to get credit limit increase (without specifically requesting for it), but HSBC CC is really active in increasing credit limit, even when the outstanding amount has not been cleared.

@kons,
Am sure the bank would have checked ur credit ratings before giving u the increment. It's also another way of making U spend more. A lot of times the limit is reduced due to purchases made through installments, isn't it?

Oh well, maybe I underestimated HSBC.
Would credit limit be reduced automatically? Frankly speaking, I've never seen that in my life.

Purchase through installment is good.
It cast an illusion over one's eye on his spending power.

@kons,
No I don't think CL will be reduced. What I mean is that for purchases made through installment plans, are they calculated based on:

1) I have RM3000 CL
2) I buy a product that cost RM1200 and repay over 12 months
3) Each month, I pay RM100

Does it mean my total available credit limit for the month is now RM3000-RM1200? Or does it remain at RM3000?

Citibank gives u a separate CL.

This post has been edited by tinkerbel: Jun 10 2008, 02:42 PM

Citibank never gave me a separate CL when I bought my laptop I think it's because I am using their Choice Card so the instalment plan reduced my CL.

@jeff_ckf,
On my Citibank Plat, I have a cash limit of RMX. On my Citibank MasterCard there is a (A) (B) and ©

(A) - being cash limit
(B) - being limit for installment purchases
© - being limit for advanced cash withdrawal or something like that

Hence total CL is supposedly to be (A) + (B) + ©. Or at least that's what my Credit Card bills says. I don't utilise (B) and © so it makes no difference to me. A friend who didn't utilise hers had the CL from the (B) and © converted into (A) for higher CL.

My CL for Maybank CC is stucked! Even my salary is now higher than my CL.

Or is it that Maybank will never update the CL automatically?

just submit your payslip..........to them..they will revised

@kons,
I don't think U update them ur details each time U get an increment right?! If U want an increase in CL then call the bank up and ask for one.

tinkerbell, need your advice. do you any credit card that offer us 0% interest within 6 months or 12 months? citibank or something?thanks

@arsenal,
0% interest on balance transfer? Or 0% interest on installment purchases?

But so far I can observe, HSBC does it automatically though.

Anyway, anyone has used their mastercard for those packages in mastercard moments website before?
Does it really work?

@kons,
If it's a valid and official promition those packages should work. I haven't tried it nor have I visited much of the website cause whatever I need, I usually can find better deals elsewhere. I did just come across the 60% discount off Kipling products but I don't know if it's on selected items and I've no plans of buying any bags at the moment.

What other promotions do they have on the Mastercard Moments website?

PS: HSBC has this 'Home & Away' program for hotel rooms; if u search hard enough, u probably can get better rates online for those rooms

This post has been edited by tinkerbel: Jun 10 2008, 04:07 PM

0% installment purchase.....if got...going to spend something big in august....haihz

@arsenal,
U can check if the merchant of urs is linked with any 0% installment plan. If it is then U might as well go through their scheme. If they don't, U just haf to call one of ur Credit Calls and convert that plan into an installment plan; U just need to call the bank up to check on the charges - there will probably be some administrative charges incurred.