Actually I prefer cash rebates as the savings/rewards are more of less instant. Points system are only good if they don't expire or you have very high usage. The really good rewards all require high points and points are always at the risk of expiring. One thing i noticed that some of the banks that offer points that do not expire tend to have higher point requirements for their redemptions.

This post has been edited by zenquix: May 11 2008, 11:15 PM

There is also a credit card cash back offer.

http://www.alliancebank.com.my/ccard_cashback.html

Believe it was Public Bank.. could be wrong though.

Not exactly. I've been researching this since i just got back from a trip. Mastercard and Visa charges a surcharge on top of the exchange rate. The banks also choose to charge an additional administration charge on top of that

Maybank: 0.5% (i think)
CIMB/DA: None
Hong Leong: 1%
PBB: No Info
Citibank: 1%
HSBC: 1%
EON: 2%

Amex has a higher surcharge then Mastercard and Visa.

Edit: Mistake - Eon Bank is 2%

This post has been edited by zenquix: May 23 2008, 04:20 PM

Could it have been not specifically stated in your statement and absorbed into the exchange rate? I know there is a court case in US over this...

The numbers I quoted were extracted from their website. Perhaps they have a change in policy where they may or may not charge it? *shruggg*

When I was in retail, Mastercard was more accepted locally by merchants as its commission charges were lower than Visa. Not sure whether it is still the case.

This post has been edited by zenquix: May 28 2008, 10:25 PM

I am contemplating cancelling my HSBC card as I was promised a platinum card when I applied. Got a gold card instead.

I make enough to apply a plat card with other banks. Just got taken in by the HSBC agent's pitch of "if you got a gold, now can get a plat". I was thinking hey why not, since HSBC's criteria is one of the highest in the market. Now punishing the agent asking him to appeal or I cancel lol.

Looking to get plat just to have access to the additional benefits when required. I already have high limits on my golds.

http://www.citibank.com.my/APPS/portal/gen...ds_platinum.htm

If the MBB Petronas Visa 5x points ends or doesn't improve.. i would just change to DA. At least flexibility in petrol choice.

Alliance Bank's tier is by usage and not by carry forward balance. Different cards have different tiers too.

@tay

Yup. Flat rebate regardless of carry forward amount

@tinkerbel

Yup until a certain limit then no more rebates. The limits depend on card type.. classic lower, plat higher. This is on top of timeless points as well...
Eyeing this card to a certain extent....

http://www.alliancebank.com.my/ccard_cashback.html

This post has been edited by zenquix: Jun 4 2008, 06:50 PM

Public bank's cash back is one of lowest in the market (unless u are a high spender every month). Taking the CIMB Petronas will be more worth it.

P/s: I have PB Master I am itching to cancel

Think you can use the 1-year card method for AMEX CCard right?

HLB is nothing special. Gonna cancel mine soon. Waiting for one of my cards to hit 1 yr old before canceling it.

Jln Bandar accepts credit card payment.

HSBC gives out free tickets to singapore with every 7th swipe

details @ http://www.hsbc.com.my and http://www.hsbc-jetstar.com/

OOT but where did u buy the ps3 with epp?

How do i access the DA member get member program?

I believe it is an international charge as the transaction in question is in USD. Furthermore I think it counts as a cash advance.