Anyway, CIMB Bank also has dropped the interest rate to just 13.5%, as reflected in my online statement.

Helo guys.. is there any credit card do have Cash rebate for all transaction?

My major transaction is petrol, tel bill, insurance, air ticket...

Yeah, have updated the 1st page.
My post was just to clarify that it's not an official "ruling" from BNM
Just that the banks and BNM succumb to the pressure from consumer rights group as BNM had slashed the OPR to so low.
Anyway, makes no difference for those who are transactors. But for revolvers....

CIMB Petronas Mastercard.

Yes, a couple of them such as, Alliance bank, Affin bank, etc.

For petrol better to use petrol specific CC as you gain higher rebate.

p/s - look at my signature.

i want buy a CPU. is it posible i do flexi pay or ezypay for the CPU coz i dont have so much cash now...

Can giv me wat d difference between flexi and ezy?

It depends on whether or not the store have tied up with the bank for this sort of installment scheme.
So you have to ask them 1st before buying.

Yupp, i have read ur article before.
Thanks alot.

Meaning that good to separate, petrol using petrol card?
I pump Shell petrol, so DirectAccess is best now, but promotion end in April.

If taken out petrol usage, then ..

Not really worth the rebate if there are annual fees higher than what you've rebated...

This post has been edited by CSS: Apr 20 2009, 01:06 PM

Annual fee can be waived by calling to the bank's CS

CIMB Petronas is free for life, 1st year no condition, subsequent year spent 12 times will automatically waive, don't care how much you spent

I personally love to collect point, at least you can see what u get, for cash rebate we only see they helps deduct our monthly statement.

Currently crazy with Maybank AMEX card, it is awsome 8x point!!

yeah.. annual fee easily waive when u call them.

Currently im using all my payment thru Citibank Gold.. cant see any benefit of it.

..the CIMB Petronas is genuinely free for life, no condition; i plan to apply one also...

Not quite true. As far as i know, it is extremely hard to waive a co-branded credit card.



Negative. CIMB Petronas is free for life with absolutely no string attached. It will still be free if you never use the card until it expires.

All I want to say is that most of card that offer good cash rebate on petrol do not offer a very good cash rebate for other purchase.

Yup ...agreed.
No such card offers best offer for everything. You need to hold a minimum of 2 cards from 2 different banks to enjoy best petrol cash rebate and cash rebate for other purchases. IMHO - CIMB Petronas /DA or MBB Petronas for Petrol rebate and Alliance Bank Cash Rebate credit card for cash rebate purposes.

(I hope the above statement will detract anyone from ever asking "What is the best card to recommend for everything?")

This post has been edited by hye: Apr 20 2009, 09:48 PM

Can i know if Alliance Bank Cash Rebate credit card rebate applicable for Petrol transaction?
As i know many credit card does not give any points to petrol transaction

Is it hard to apply for HSBC bank credit card if i do not have any accounts with them

If i not mistaken,petrol entitle rebate too. But not if you choose great reward.

No need to have account with them. The most important thing are your annual income is above their min limit & good credit record.

For Alliance CC, ALL transaction entitle for cash rebate including petrol.

oic... thanks.