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 Credit Card Thread V3, Everything about Plastic World Fantasia

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jchong
post May 8 2008, 04:53 PM

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QUOTE(Dyong @ May 8 2008, 02:21 PM)
Why do you want to have so many cards?
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Different cards can access different offers and discounts mah.
jchong
post May 8 2008, 11:41 PM

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QUOTE(tinkerbel @ May 8 2008, 06:14 PM)
Seriously, I don't see what's the point of having too many cards; at the end of the day U won't use them all.
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Agreed. Use too many cards also means hassle of making several different payments every month. And you spread your points out too.

I have 3 diff cards but use 1 for 99% of payment (accumulates points faster). The rest is for backup (in case 1 card cannot read or in case really have big ticket item have to spread to 2 cards, etc).

Also unless the cards are free for life, have to think about multiple annual fees (of course can apply for waiver, but another hassle).

So, yes should have a few cards but not too many.

This post has been edited by jchong: May 8 2008, 11:46 PM
jchong
post May 8 2008, 11:50 PM

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QUOTE(tinkerbel @ May 8 2008, 11:15 PM)
Am surprised but I haven't had a credit boost on my clear card for some time now.
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Would the issuer auto boost your credit limit? They wouldn't be updated about your current financial status right? Unless you maintain your a/c there. I've had Maybank increase my credit limit without asking (I guess because I have an account there). Quite surprised.

None of my other cards has done that (and I also dun have account at those banks).
jchong
post May 8 2008, 11:52 PM

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QUOTE(siutimtim @ May 8 2008, 05:15 PM)
actually any low income people but can get plat card?possible?
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As principal card holder, I think impossible. If low income people can get then plat card wouldn't be exclusive anymore right? Then have to intro 'diamond' card shocking.gif
jchong
post May 12 2008, 06:57 PM

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QUOTE(siutimtim @ May 12 2008, 05:51 PM)
try Alliance bank plat card.Give highest cash rebate  nod.gif
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What exactly is their cash rebate conditions? I looked at the website and it says "10% Cash Back on Interest Paid". That's a false gain because you kena the interest. I always settle my monthly bills in full so that kind of cash rebate no good for me.

Any other cards with cash rebate feature?
jchong
post May 12 2008, 11:38 PM

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Thanks for the link. Didn't see that before.
jchong
post May 14 2008, 04:51 PM

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QUOTE(fikrie @ May 14 2008, 04:38 PM)
One thing i dun get.. Shouldnt plat cards have very high credit limit? I thought it would be at least 10k for a new user.. which bank and how much the min credit limit would a bank offer for this kinda card?
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The credit limit mainly depends on your income, not the type of card. Even my normal classic card has 15k limit.

That said, to get plat card the min income requirement is quite high so you would expect the credit limit to be high also.
jchong
post May 14 2008, 07:22 PM

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QUOTE(tinkerbel @ May 14 2008, 05:35 PM)
@jchong,
RM15k limit on ur Classic Card?  And Y didn't the bank just offer u Gold instead?
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Take note I got the card many years back...

The bank did offer a gold card and at that time fee waivers not so common as nowadays. I didn't see the need to pay higher annual fees for gold card so the classic card was chosen instead. Of course nowadays so easy to get fee waiver... so if can qualify for gold card take it lah.
jchong
post May 14 2008, 07:23 PM

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QUOTE(fikrie @ May 14 2008, 05:15 PM)
15k for classic? is that the amt after being upgraded for several years of use or for newly applied card?? mine was juz 5.5k for classic.. Beside the salary, I guess diff bank offers diff credit limit..
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Newly applied.
jchong
post May 17 2008, 12:08 PM

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QUOTE(vin_ann @ May 17 2008, 10:18 AM)
btw, just now i saw the Direct Access Advertisement about the 2% rebates.
user posted image
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This 2% rebate just introduced?

Is it valid forever or just for a temporary period?
jchong
post May 17 2008, 05:36 PM

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QUOTE(siutimtim @ May 17 2008, 05:07 PM)
why citibank keep offer upgrade for client?Like no standard. shakehead.gif
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Maybe the cardholder qualify for upgrade?
jchong
post May 18 2008, 08:05 AM

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QUOTE(tinkerbel @ May 18 2008, 02:44 AM)
@kindaichi,
If U truly need an increase of credit limit and have good payment record, perhaps U could make a request with ur respective bank - it doesn't mean ur attempt will be futile, like mine *grins*
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You have any idea why they rejected?

I thought if you showed increase in income and had good payment history then no problem.
jchong
post May 19 2008, 10:33 AM

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From looking at LHDN's website, 120k income p.a. (i.e. 10k monthly) gets hit with RM19,875 in tax. That's overall 16.56% tax. Reliefs, etc not factored in yet.
jchong
post May 19 2008, 10:38 AM

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QUOTE(yewkhuay @ May 18 2008, 08:48 PM)
i m not against any bank, i m just reminding u after sales customer service is much more important than b4 /during sales service, don get excited by gimmick given during the sales process coz it was given by the company not the customer service personel, i don hav to say : u will know in future. coz u might be lucky to get a good officer to attend to u.
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I think u misunderstood the post. I think what the poster meant was that delivering of the free gift on time without hassles is a sign of good customer service. Unlike other cases where bank promised free gift but never sent and you have to call them to remind them (and sometimes after the reminder the bank still forgets).
jchong
post May 19 2008, 10:40 AM

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QUOTE(tinkerbel @ May 18 2008, 01:52 PM)
She recently struck a million dollars and was gonna put them all in the bank but decided against OCBC cause they'd rejected her application twicewhistling.gif

Also, I don't like watching movie at Cineleisure; I prefer GSC.
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Wah, struck at what? Lottery? Casino? tongue.gif

How come you don't like Cineleisure?
jchong
post May 20 2008, 03:00 PM

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The Priority Pass by RHB and SC Visa Plat sounds like a handy thing to have.

What special features do other Plat cards offer? Anything that stands out?
jchong
post May 20 2008, 05:00 PM

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That's what I thought. Mostly they are the same, but then again there might have been a special feature I missed out (like the Priority Pass). So I thought I'd ask.

Looks like it boils down to which has good points redemption, no annual fee and reasonable customer service. I'm leaning towards the DA card.
jchong
post May 20 2008, 07:41 PM

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QUOTE(tinkerbel @ May 20 2008, 06:09 PM)
@jchong,
I don't use DA as my primary card but thus far it hasn't failed me.
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Which do you use as primary? For me it's MBB (because of good points redemption).

QUOTE(tinkerbel @ May 20 2008, 06:09 PM)
Oh, also when u dont' spend on the account, U don't receive a bill at the end of the month  smile.gif
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HSBC also the same.
jchong
post May 20 2008, 10:10 PM

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QUOTE(tinkerbel @ May 20 2008, 08:15 PM)
Surprisingly, I received my HSBC Statement of Accounts for $0.00 last month.  As I'm new with them, I thought they send out statements on a monthly basis regardless of spending or not  biggrin.gif
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I've been with HSBC for several years. In the past they did send out monthly statement regardless of spending. Then some time last year I notice they stopped sending statement for zero balance.

Perhaps as a new user they will send you a few statements first even if zero balance. hmm.gif
jchong
post May 25 2008, 05:24 PM

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QUOTE(tinkerbel @ May 25 2008, 12:16 AM)
@hye,
I doubt the banks have personnels on forums to read up on their bad/good CS.  On a separate note, I sent out the letter to Citibank - I also pointed out the issue I had with corresponding with them and not hearing from them [I highlighted a case of which I sent in a letter 7 years ago asking for an explanation when my request for a temporary increase in credit limit was rejected; of which I have yet to receive a reply till now].  I ended my letter telling them I hope I didn't have to wait 7 years for a reply.

Most importantly, I said not to take my 2 page letter as a complain, instead feedback!  laugh.gif

Anyone think they'll respond?  I'm quite sceptical but never try never know.
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I'm glad you sent them the letter. I'm a strong believer in officially writing to a company if there really is something to complain or give feedback about. In the past I've written to Bally, Siemens, Hush Puppies, Tiffany, Schick and Ambank (this one related to their CC). I did get fairly prompt replies from all of them and relatively positive resolutions too.

To me, all companies can make mistakes (it's still run by imperfect humans) but it is how they respond that shows how good or bad they really are. So please let us know if and how Citibank responds.

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