1. Visa2. Mastercard.3. JCB4. AMEX – Fee or Credit Card5. Diners Club6. Etcetera.
1. yearly fee matters
You should not request waiver CIMB Direct Access Platimum and Gold – necessity Professional/Graduate.UOB Platinum – got to posses BOTH MasterCard and charge and swipe minimum 6 times/card.Alliance Platinum – swipe 12 times a-year or invest RM3,000/year.RHB Evo – have got to swipe once a month or RM8 are billed regarding month.OCBC Platinum Robinson – got to spend RM8K/year including minimum RM1K at RobinsonMBB Flex -got to swipe double monthly if not energized RM3.95Citibank possibility – 2 transactions in a monthCIMB Mastercard Paypass – cost-free for life without ailments
2. faucet and run – no signature necessary matters
Visa revolution – MBB, UOBMastercard Paypass – CIMB, CIMB DAVisa payWave – MBB Petronas
Paypass simply for RM120Visa trend restriction must RM150
3. vital observe for CIMB and CIMB DA card holders
4. Credit Card linked to gasoline Giants
BHP-UOBShell-CitibankAMEX charged cards provides payoff aim (currently 2X if got Turbo 3X) for working gas after all petrol station. Petronas-MBB Visa Gold with payWave (no-cost for life without conditions)Petronas-CIMB Mastercard Gold (complimentary for life)All gasoline companies with CIMB DA Mastercard with rebate as much as 2percent monthly*.
5. traditional economic charge (rate of interest)
Sells buys: 18percent p.a or 1.5per cent p.m from statement big date upon paying the lowest amount.Cash advance: 18percent p.a from the big date of withdrawal.Late repayment: 1percent of outstanding or RM 5 whichever try higher.Minimum repayment quantity: 5percent of outstanding or RM 25/RM 50 whichever is actually greater.
*warming brand new BNM ruling whereby if you’re not the full pay grasp of your credit card over the past one year, beginning from June/July 2008, all of your purchases would be billed finance expenses (17% p.a.) as soon as your swipe. It means irregardless that which you get whether it is gasoline or PC components, it has financing fees beginning in the exchange go out by itself.
6. Complementary Notes
1) Citibank – Just deposit and maintain RM200k2) UOB – Opening deposit of RM300k with repair of RM200k3) requirement Chartered – Deposit & upkeep of RM200k4) OCBC – starting deposit of RM300k with upkeep of RM200k5) HSBC – Deposit & upkeep of RM200k
7. Amex – bank card AMEX energized credit gets benefits point (at present 2X if have Turbo 3X) for working gas after all gasoline station.
Another perks AMEX have over other people is because they presently posses a few months 0% installment for any exchange. AMEX is really 0percent as they is not any management or surchage costs than DA and UOB.
8. Foreign TransactionsMastercard and charge fees a surcharge in addition exchange rate. Financial institutions furthermore elect to cost an extra administration cost in addition
Maybank: 0.5percent –>verified by Hye
Citibank: 1percent –> verified by tinkerbel
HSBC: 1per cent –> HSBC may also demand a Misc fee; bank tryn't in a position to create precisely exactly what that’s but in accordance with CS whom I spoke with, there's a little misc cost. (sum by Tinkerbel)
Standard Chartered: 1per cent
AMEX credit: 1.5percent cost + 0.5percent (given by Hye) : an added 2.5per cent (given by tinkerbel)
Bank Card Termination Page
[your own name][Your address][time]
Dear Sir or Madam:
Kindly let this letter serve as notice that i will be terminating my bank card accounts effective instantly. Kindly shut listed here profile:
Credit Card Company: ____________Account Amounts: ________________
Please deliver myself created confirmation that my membership has-been closed. In addition, please concur that you may have notified all proper bank card bureaus that this membership ended up being enclosed inside my consult.
Thank you to suit your quick focus on this situation.
Cash Advance fees 5per cent of cash quantity (min RM20), and18percent p.a. everyday interest(N/A for prepared Finances) [from Citibank]
Cash Advance cost :The advance loan cost try energized to the detachment of money generated. That is enforced for every single advance loan exchange. 5per cent or RM20, whichever try higher. [From UOB lender]
Cash loan Commission/Fee*VISA/Mastercard (Both Classic and Silver)
Flat price of 5.00percent regarding the overall amount of money advanceMin: RM10 [From Maybank]
Advance loan charge 5per cent of this amount pulled, at the mercy of at the least RM15, whichever try higher. [ From Direct Access]
Cash Advance charge 5% with the quantity attracted, at the mercy of no less than RM15, whichever was higher. [From CIMB]
d) cash loan charge > the money advance charge is actually 5per cent for the levels sophisticated or at least RM15. Whichever was greater. This is certainly implemented each advance loan exchange
> For HSBC Amanah credit card, advance loan was capped at RM1,000 per transaction and a fee of RM60 per deal will be levied
> For cash advances made-over the HSBC financial counter, there’ll be yet another cost for the following:– RM50 on credit cards given by local financial institutions apart from HSBC – RM20 on bank cards granted by non-Malaysian card issuers (like JCB)- notes issued by HSBC financial Malaysia as well as the HSBC Groupare exempted using this charge[HSBC]
Advance loan Fees/Casino processor charge the bucks advance charge try 5percent of the levels sophisticated or no less than RM15, whichever is actually higher. This can be implemented each money advance/casino potato chips purchase. [From OCBC]
This blog post is modified by vin_ann: Aug 11 2008, 10:16 PM