QUOTE(redracer2004 @ Feb 20 2010, 04:37 PM)
Their advice would be, since your credit card can be an ATM MEPS card, go withdraw cash if you want to avoid the 2.5%.
Wow, this is the most craziest advise ever.
Never ever withdraw money using credit card unless it is for emergency use.
You definitely lose more than 2.5% fees
Copy pasted from Cr Card LYN Forum
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Cash advance: 18% p.a from the date of withdrawal.
9. Cash Advance fees
Citibank: 5% of cash amount (min RM20), and 18% p.a. daily interest (N/A for Ready Cash)
UOB: The cash advance fee is charged to any withdrawal of cash made. This is imposed for each cash advance transaction. 5% or RM20, whichever is higher.
Maybank: VISA/Mastercard (Both Classic and Gold) | Flat rate of 5.00% of the total amount of cash advance | Min: RM10
CIMB DA: 5% of the amount drawn, subject to a minimum of RM15, whichever is higher.
CIMB: 5% of the amount drawn, subject to a minimum of RM15, whichever is higher.
HSBC:
The cash advance fee is 5% of the amount advanced or a minimum of RM15. Whichever is higher. This is imposed for each cash advance transaction
For HSBC Amanah Charge Card, cash advance is capped at RM1,000 per transaction and a fee of RM60 per transaction will be levied
For cash advances made over the HSBC banking counter, there will be an additional charge of the following:-
- RM50 on credit cards issued by local banks other than HSBC - RM20 on credit cards issued by non-Malaysian card issuers (including JCB)
- Cards issued by HSBC Bank Malaysia and the HSBC Groupare exempted from this charge
OCBC: The cash advance fee is 5% of the amount advanced or a minimum of RM15, whichever is higher. This is imposed for each cash advance/casino chips transaction.
This post has been edited by Vivato: Mar 27 2010, 01:07 PM 
Mar 27 2010, 12:57 PM
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