1. Visa2. Mastercard.3. JCB4. AMEX – Cost or Credit Card5. Diners Club6. An Such Like.
1. yearly fee issues
Need not request waiver CIMB Direct Access Platimum and Gold – necessity Professional/Graduate.UOB Platinum – have got to bring BOTH MasterCard and charge and swipe lowest 6 times/card.Alliance Platinum – swipe 12 circumstances per year or invest RM3,000/year.RHB Evo – have got to swipe once per month or RM8 are recharged regarding period.OCBC Platinum Robinson – surely got to invest RM8K/year including lowest RM1K at RobinsonMBB Flex -got to swipe two times four weeks or else recharged RM3.95Citibank option – 2 transactions in a monthCIMB Mastercard Paypass – cost-free for life without ailments
2. faucet and get – no signature requisite things
Visa revolution – MBB, UOBMastercard Paypass – CIMB, CIMB DAVisa payWave – MBB Petronas
Paypass simply for RM120Visa trend restriction must RM150
3. vital see for CIMB and CIMB DA cards holders
4. mastercard linked to Petrol leaders
BHP-UOBShell-CitibankAMEX charged cards gives payoff point (at present 2X if got Turbo 3X) for working gasoline at ALL gas stations. Petronas-MBB charge Gold with payWave (free of charge for lifetime without any conditions)Petronas-CIMB Mastercard Gold (complimentary for life)All gas manufacturer with CIMB DA Mastercard with discount as much as 2per cent monthly*.
5. criterion monetary charge (interest)
Retails purchases: 18% p.a or 1.5% p.m from statement time upon make payment on lowest amount.Cash advance: 18per cent p.a from the go out of withdrawal.Late installment: 1per cent of outstanding or RM 5 whichever was higher.Minimum cost amount: 5percent of exceptional or RM 25/RM 50 whichever try high.
*warming brand new BNM ruling whereby if you’re not an entire cover grasp of your credit card for the past one year, start from June/July 2008, all transactions is recharged finance fees (17per cent p.a.) the moment you swipe. It indicates irregardless what you purchase whether it is gas or Computer areas, it will have loans fees beginning on the exchange day it self.
6. Complementary Cards
1) Citibank – merely deposit and continue maintaining RM200k2) UOB – starting deposit of RM300k with upkeep of RM200k3) standards Chartered – Deposit & repair of RM200k4) OCBC – starting deposit of RM300k with maintenance of RM200k5) HSBC – Deposit & servicing of RM200k
7. Amex – credit card AMEX billed cards provides benefits aim (at present 2X if got Turbo 3X) for putting gasoline after all petrol programs.
Another advantage AMEX has over others is that they currently has six months 0per cent installment regarding purchase. AMEX is really 0per cent because they is no managing or surchage charge as compared to DA and UOB.
8. worldwide TransactionsMastercard and charge costs a surcharge on top of the exchange rate. The banks furthermore decide to charge an additional administration fee in addition
Maybank: 0.5percent –>verified by Hye
Citibank: 1percent –> validated by tinkerbel
HSBC: 1percent –> HSBC may also charge a Misc charge; lender aren't capable create details on just what definitely but according to CS who I talked with, there's a tiny misc fee. (sum by Tinkerbel)
Standards Chartered: 1per cent
AMEX credit: 1.5per cent cost + 0.5percent (supplied by Hye) : one more 2.5percent (given by tinkerbel)
Credit Card Termination Letter
[Your identity][their address][time]
Dear Sir or Madam:
Please let this page act as observe that Im terminating my personal charge card accounts efficient immediately. Please shut the subsequent membership:
Credit Card Providers: ____________Account Amounts: ________________
Please deliver myself composed confirmation that my personal accounts has become sealed. Additionally, kindly concur that you’ve got informed all appropriate mastercard bureaus that membership is sealed at my request.
Thank you for your prompt focus on this question.
Cash Advance fees 5percent of cash levels (min RM20), and18% p.a. everyday interest(N/A for prepared Finances) [from Citibank]
Cash loan Fee :The advance loan charge is actually energized to the detachment of money made. This really is imposed per cash advance exchange. 5percent or RM20, whichever is actually higher. [From UOB financial]
Cash Advance Commission/Fee*VISA/Mastercard (Both Regular and Gold)
Level rates of 5.00% for the total amount of money advanceMin: RM10 [From Maybank]
Cash loan charge 5% of the quantity drawn, at the mercy of no less than RM15, whichever is higher. [ From Immediate Access]
Cash Advance charge 5% regarding the quantity drawn, subject to at the least RM15, whichever is actually high. [From CIMB]
d) cash loan fees > the bucks advance cost is actually 5per cent of the quantity expert or at least RM15. Whichever is actually larger. This is certainly imposed each cash advance deal
> For HSBC Amanah bank card, cash loan is capped at RM1,000 per deal and a fee of RM60 per transaction might be levied
> For payday loans made-over the HSBC financial countertop, you will see an additional charge associated car title loan for bad credit with following:– RM50 on bank cards released by regional financial institutions besides HSBC – RM20 on credit cards issued by non-Malaysian card providers (like JCB)- notes granted by HSBC financial Malaysia additionally the HSBC Groupare exempted out of this charge[HSBC]
Advance loan Fees/Casino processor chip charges The cash advance cost is actually 5% of the amount expert or at the very minimum RM15, whichever try higher. This is certainly imposed for each funds advance/casino chips deal. [From OCBC]
This blog post might edited by vin_ann: Aug 11 2008, 10:16 PM