I don't think they will collapse though. Just that they are no longer on the same league as HSBC. Will take them moons to crawl back to the level they previously at. Good luck to them


I think this is actually a myth. Not quite true


Yeah. I think so too. An agent helped my mom to apply 4 credit cards from 4 different banks a few months ago. My mom was told that it is okay if she doesn't want to use any of these credit cards but if my mom really wants to cancel these credit cards, he told my mom only to cancel it after XX months. Figured it has something to do with commission.


Most major foreign banks in Malaysia are very stable and financially sound. Such as HSBC (no doubt and so far only their US operation is reporting losses), Standard Chartered, UOB Bank and OCBC.

This post has been edited by MilesAndMore: Jun 3 2009, 11:55 PM

From which bank ?


Premier is not open for public application. You need to be a HSBC Premier customer in order to qualify for this card. So yes, it is kind of exclusive.

This post has been edited by MilesAndMore: Jun 5 2009, 11:44 PM

Are you sure ?


Yet many people still fail to repay their monthly loan installment every month ...

You forgot UOB Bank.

Some people just like to brag. Some REALLY rich people won't do so ...



There is NOTHING GREAT with the Malaysia issued HSBC Premier. Seriously lacking of promotion. Unlike the HSBC Premier issued in Hong Kong, Taiwan and Macau, lots of promotion year round reserved exclusively for HSBC Premier cardholders only. I wondered if HSBC Malaysia is sleeping ...


I do agree that so many Malaysian still see credit card as a kind of status. I think this is due to the fact that many Malaysians still do not own a credit card. Malaysian credit card holders are very little compared to other developing nations, for instance, Taiwan. But once you've been holding Platinum credit card for a while, you won't feel special anymore as somehow you have get used to it.


Eh, i have always under the impression that the highest credit limit for a Platinum card is only 300k maximum ? No ? Or you are talking about a VISA Infinite card holder ?


I actually see that as a bad thing. Because this will tell everyone indirectly that you have AT LEAST 200k of deposit with HSBC or it could be more. The expose is simply too great.

This post has been edited by MilesAndMore: Jun 10 2009, 06:43 PM

HSBC Premier card is technically only a Platinum card. As the word "World" is printed on it, many people actually thought it as a World Mastercard but in reality, the Malaysian issued HSBC Premier is NOT a World Mastercard but a regular platinum card. As far as i am concerned, only USA, Australia, Hong Kong, Macau, Taiwan issued HSBC Premier credit card is a World Mastercard.

So basically any card that is ranked as higher than platinum has higher status than HSBC Premier Mastercard. For example, Standard Chartered VISA Infinite, RHB Bank VISA Infinite, CIMB World Mastercard, CIMB Enrich World Mastercard, Direct Access World Mastercard and MBF World Mastercard.


Please type it yourself and then either mail it to your credit card HQ or fax directly to the bank.

This post has been edited by MilesAndMore: Jun 10 2009, 06:44 PM

You can apply for credit card or debit card online but not a savings or checking account. You must be present at the bank should you wish to open a savings/checking account with your preferred bank as there are documents you need to sign.

And my mom got her HSBC Amanah credit card via POSLAJU.

I think it is just an urban legend that one must only apply for credit card from a reputable bank so you won't run into any trouble. ANZ Bank is big in Australia and New Zealand but many people do not know the existence of ANZ Bank in Malaysia and yet my friend had no problem swiping his card here or in other countries such as Hong Kong, Japan and even UK.

Direct Access belongs to CIMB Bank. It was a brand previously owned by Southern Bank. You must be a degree holder to be eligible for any card issued by Direct Access.

CIMB Bank approval rate is quite high. Good luck

True. Most cashiers do not bother to check nowadays.

Can't blame them as many Malaysian still do not have an online banking account as they are skeptical with the security of it. The numbers of fraud involving money vanishing from people's online banking account are on the rising trend and this has kept many people from using online banking facility.


Most banks are charging RM2 for each IBG transfer but Citibank and Standard Chartered are only charging RM0.50. RHB Bank is charging RM1.50 per IBG while Alliance Bank RM1/IBG.

Both the Singaporean banks, UOB and OCBC are charging RM0.50/IBG for the first two IBG done in a month, RM2/IBG will be charged from the third IBG onward.

This post has been edited by MilesAndMore: Jun 16 2009, 08:50 PM

Actually just your salary slip will do. Not everyone has EPF, just so you know. Both my parents do not have EPF. They both opted for another pension scheme.


Very well said.

Actually you don't need to rely on credit card agent to do the work for you. Just download the application form online (for HSBC you can simply fill the form online, no need to download anything) and send all your supporting documents (a photocopy of your MyKad, 3-month salary slip etc.) For Citibank, you can fill a form online and then one of their agents will call you

Yes. You can.

RM1000 ? WOW !! How many air-cons you have ?

Should be no problem as AMEX Ikhwan is issued by Maybank Islamic whereas the soon to be officially launched AMEX Gold Credit Card is issued by American Express itself. I've been holding an AMEX Gold Credit Card issued by Maybank (the very hideous designed AMEX Gold with the word Maybankard printed on it) for almost a year when i applied for another Green Personal Charge Card from AMEX and was approved in just 2 weeks.


Free conversion from the Maybank issued Classic and Gold AMEX Credit Card to be exact. Not the AMEX issued by AMEX itself.

By the way guys, the AMEX Gold credit card issued by American Express is now up on American Express Malaysia website - AMERICAN EXPRESS GOLD CREDIT CARD

This post has been edited by MilesAndMore: Jun 18 2009, 09:42 PM

CIMB will automatically decline your card when you do not have sufficient credit in your credit card anymore

Usually graduate refers to degree holder or higher.

And by the way, apparently you must be a Maybank account holder in order to apply for this AMEX Gold Credit Card

This post has been edited by MilesAndMore: Jun 19 2009, 09:58 AM