1. Visa2. Mastercard.3. JCB4. AMEX – Fee or Credit Card5. Diners Club6. Etc.
1. yearly fee matters
Need not request waiver CIMB immediate access Platimum and Gold – requirement Professional/Graduate.UOB Platinum – surely got to have actually BOTH MasterCard and Visa and swipe minimal 6 times/card.Alliance Platinum – swipe 12 instances a-year or invest RM3,000/year.RHB Evo – surely got to swipe once per month or RM8 is actually billed for that period.OCBC Platinum Robinson – have got to spend RM8K/year including lowest RM1K at RobinsonMBB Flex -got to swipe 2 times monthly otherwise energized RM3.95Citibank alternatives – 2 deals in a monthCIMB Mastercard Paypass – cost-free for life without ailments
2. faucet and Go – no signature called for matters
Visa trend – MBB, UOBMastercard Paypass – CIMB, CIMB DAVisa payWave – MBB Petronas
Paypass limited to RM120Visa Wave limit should always be RM150
3. essential Notice for CIMB and CIMB DA cards holders
4. Credit Card connected to Petrol leaders
BHP-UOBShell-CitibankAMEX recharged credit provides incentives aim (currently 2X if got Turbo 3X) for moving gasoline after all petrol programs. Petronas-MBB charge Gold with payWave (free of charge forever with no conditions)Petronas-CIMB Mastercard silver (complimentary for life)All gas manufacturer with CIMB DA Mastercard with rebate around 2percent monthly*.
5. traditional financial fee (interest rate)
Sells purchases: 18% p.a or 1.5% p.m from report date upon paying the minimum amount.Cash advance: 18percent p.a from day of withdrawal.Late fees: 1per cent of exceptional or RM 5 whichever was higher.Minimum payment amount: 5percent of outstanding or RM 25/RM 50 whichever try higher.
*warming brand new BNM ruling whereby if you aren’t a full pay grasp of one’s charge card over the past one year, inexperienced from June/July 2008, your deals is recharged financing expense (17per cent p.a.) as soon as your swipe. This means irregardless what you buy be it gas or PC parts, it will have financing costs beginning on deal big date by itself.
6. Subsidiary Notes
1) Citibank – Just deposit and keep maintaining RM200k2) UOB – beginning deposit of RM300k with maintenance of RM200k3) requirement Chartered – Deposit & repair of RM200k4) OCBC – Opening deposit of RM300k with repair of RM200k5) HSBC – Deposit & maintenance of RM200k
7. Amex – bank card AMEX recharged cards gets rewards aim (at present 2X if have Turbo 3X) for working gasoline at ALL petrol channels.
Another perks AMEX have actually over others is that they currently has 6 months 0% installment regarding transaction. AMEX could 0per cent while they is no handling or surchage charges when compared with DA and UOB.
8. worldwide TransactionsMastercard and charge expense a surcharge in addition exchange rate. Banking institutions furthermore elect to charge another government fee on top of that
Maybank: 0.5per cent –>verified by Hye
Citibank: 1per cent –> confirmed by tinkerbel
HSBC: 1percent –> HSBC also charge a Misc fee; financial isn't in a position payday loans Dover to supply information on just what that’s but relating to CS who I spoke with, there's limited misc cost. (contribution by Tinkerbel)
Requirement Chartered: 1%
AMEX card: 1.5per cent cost + 0.5per cent (supplied by Hye) : another 2.5% (supplied by tinkerbel)
Charge Card Cancellation Page
[Your title][Your address][day]
Dear Sir or Madam:
Be sure to let this page act as observe that Im terminating my personal bank card profile successful straight away. Be sure to nearby the following account:
Mastercard Company: ____________Account Numbers: ________________
Please deliver me created verification that my membership has been sealed. Furthermore, please confirm that you really have informed all appropriate credit card bureaus this particular accounts got closed inside my consult.
Many thanks to suit your quick awareness of this question.
Cash loan charges 5percent of cash levels (min RM20), and18percent p.a. daily interest(N/A for prepared Cash) [from Citibank]
Advance loan cost :The cash advance cost try energized to almost any withdrawal of cash generated. That is enforced per cash advance purchase. 5percent or RM20, whichever was greater. [From UOB lender]
Cash Advance Commission/Fee*VISA/Mastercard (Both Standard and Silver)
Flat rate of 5.00percent associated with the overall sum of money advanceMin: RM10 [From Maybank]
Cash Advance cost 5percent from the quantity drawn, subject to at the least RM15, whichever is high. [ From Direct Access]
Advance loan charge 5percent with the levels attracted, at the mercy of a minimum of RM15, whichever is high. [From CIMB]
d) cash loan costs > the money advance charge try 5per cent from the quantity sophisticated or no less than RM15. Whichever is higher. This really is imposed per cash advance deal
> For HSBC Amanah Charge Card, cash loan is capped at RM1,000 per transaction and a fee of RM60 per purchase is levied
> For cash advances made-over the HSBC financial counter, you will see an extra cost of this following:– RM50 on credit cards issued by regional financial institutions other than HSBC – RM20 on credit cards issued by non-Malaysian card providers (such as JCB)- Cards granted by HSBC financial Malaysia and the HSBC Groupare exempted using this charge[HSBC]
Cash Advance Fees/Casino Chip costs the bucks advance cost are 5percent for the quantity advanced or at the least RM15, whichever are higher. This might be implemented per funds advance/casino potato chips transaction. [From OCBC]
This blog post has-been edited by vin_ann: Aug 11 2008, 10:16 PM