Lowyat.NET: Latest topics in Credit Cards, Debit Cards and Loyalty Cards

Bank Error, Questionable Free money

aladdin88 — Mon, 14 May 2012 21:35:07 +0800

Hi

Want to ask have u all been across of when u swipe using your debit card, collected your items, and the next few days the money is reversed back to your account.

Today i went to check my account and the money came back to me.

What is the action that bank is going to take when they found out?

transaction is Rm2k++

OCBC Titanium Mastercard Cash-Back v2, 5% or 1% Cash-back rebates ??

ronnie — Sat, 12 May 2012 11:04:09 +0800

OCBC Titanium Mastercard Cash-Back rebates : V1

About OCBC Titanium Mastercard : Click Here
Terms & Conditions for OCBC Titanium Mastercard
OCBC Customer Service Hotline : 1 300 88 500

OCBC Request Form to change the SMS Transaction Alert Limit
http://www.ocbccards.com.my/pdf/sms_alert.pdf

Sample of Appeal Letter for Application Rejection - courtesy from tifosi

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5% Cash-back rebate & 1% Cash rebate - Terms & Conditions
http://www.ocbccards.com.my/titaniumRebates_tncEN.aspx

* The RM50 monthly maximum cash-back rebate cap is based on accumulation of spends within your billing cycle. Not calendar month basis.
* The cash-back rebate will be given for all transactions (swipe/online) locally & international, subject to under the correct MCC
* Reference table for MCC : http://www.dm.usda.gov/procurement/card/card_x/mcc.pdf
* Description of the MCC code accepted for 5% Cash-Back Rebate

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Places with confirmed 5%

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Places we thought is 1% but received 5%
Celebrity Fitness Monthly Fees [MCC: 7997]
eTiQa Takaful Mesra plan Auto Debit [MCC: 5968]

Places we thought is 5% but only received 1%
Krispy Kreme - Midvalley Megamall
Carrefour - Tropicana City Mall
Giant - Atria Mall
Geographer Pub & Restaurant - IOI Boulevard
Haagen-Dazs [MCC: 5499]
House + Co (restaurant) - Bangsar Shopping Centre
Isetan (Supermarket) - Lot 10
Jusco Supermarket - 1 Utama
Jusco Supermarket - IOI Mall
Jusco Kepong (Dept. Store NOT Supermarket)
Jusco Sunway Pyramid (Dept store)
Jusco Tmn Maluri (Dept Store)
Maxis Centre - The Gardens [MCC: 4812]
MPSJ Counter - Bandar Puteri, Puchong [MCC: 9399]
MPSP - Butterworth, Pulau Pinang [MCC: 9399]
P14G - P1 P@ddock - Jalan Templer
Purple Cane Tea Restaurant - The Gardens
Telekom Malaysia - fixed line, by calling up the call center
Zun Express Eu Yan Sang Restaurant - The Gardens

Send me a PM for me to update this list....

To show-off, please report your Cash-back over at http://forum.lowyat.net/topic/2057567

Credit/debit card stolen & dispute, Thread Closed-Existing thread can serve

phra09 — Sat, 05 May 2012 01:00:13 +0800

My wallet was stolen last week along with my credit & debit card.
By the time i realised, there were 7 transaction made about rm800+ in total ... I've lodge police report and submitted the dispute to bank.
I wonder if i can get refund back for those transaction which not made by myself ...

Seeking from advises & opinions from all bros

Public Bank E-banking TopUp, Thread Closed-Existing thread can serve

veeeye — Thu, 03 May 2012 10:44:24 +0800

Last night, I've tried to top up via Pbebank.com. Money had been deducted from my account but I haven't receive the top up. Anyone encountered this before?

p/s: Hotlink

Are cards with high credit limits time BOMBs?, Thread Closed-Existing thread can serve

PradaLee — Mon, 30 Apr 2012 15:45:16 +0800

What if one carries 3 CC with CL adding up above 50ks or 100ks? Are they time bombs waiting to explode if one loses the wallet, for e.g.? What are the safeguards available to protect consumers?

UOB cheated us., Thread Closed - Speculative Info

Krishna Muthusamy — Mon, 23 Apr 2012 21:14:02 +0800

I got to know that UOB staff, Rakesh Balwandi who is appointed to do the porsche contest has his own side business outside. He selected his business partner, James Lee Char Yew to be the daily cash prize winner. And guess what? Of course he also selected the business partner's wife, How Eng Hwa to be the porsche winner!!! Now I get suspicious with all the UOB contests. How many staff are involved in this?? Could all in the picture have hand in it? See the link below....

http://thestar.com.my/metro/story.asp?file...531&sec=central

Can you believe that? We use UOB cards hoping to get a fair chance and now it's time we should all stop using UOB credit cards. WE WANT JUSTICE!!!!! WE WANT FAIR DEALING!!!!

If u wish to win any contest by UOB, forget about being their card member! Start planning to work in UOB instead!

Let's stop using UOB cards. I feel so cheated and lost all my trust. I am going to ask all my family members and friends to cancel their card. And I want everyone of you to know the truth too! Cancel UOB and go to other more trusted banks!

Cash Advance vs Retail transaction, Thread Closed - Violation of Forum Rules

Kitty Zhang — Thu, 19 Apr 2012 11:43:41 +0800

I swiped my credit card to purchase things, should be a Retail transaction right?

Then statement came, bank treated it as a Cash Advance transaction, charged me Cash Advance Charges and Finance Charges.

How to prove that it is a Retail transaction? Can tell whether it's Retail or Cash Advance from the transaction slip?

Please advise...thanks

Loan to clear credit card debt for 3-5 years, Thread Closed-Forum Rules Violation

cyc85 — Thu, 19 Apr 2012 09:58:21 +0800

As title, any bank offering loan to clear credit card debt within 3-5 years?
I have 2 cards with debt each RM5k.
Need help

Balance Transfer v1, Thread Closed-Forum Rules Violation/Dup

smsbusiness2u — Wed, 18 Apr 2012 15:41:29 +0800

TYPES OF BALANCE TRANSFER PLANS

0% Interest Balance Transfer Plan

AEON Credit Service 6 Months Balance Transfer - No new account created.

BSN 3 or 6 Months Balance Transfer - until 30 April 2012. No new account created.

Public Bank 6 Months Balance Transfer - until 31 March 2012. No new account created.

RHB Bank 3 Months Balance Transfer Plan - until 15 June 2012. No new account created.

Interest on Reducing Balance Transfer Plan

Alliance Bank Flexi Balance Transfer - interest rate is 0.42% a month.

Citibank Balance Transfer - interest rate 6.99% p.a. or 0.583% a month.

UOB Balance Transfer - interest rate 0.499% to 1% per month.

Maybank Balance Transfer - interest rate 0.5%, 0.75 and % per month for their 6, 9 and 12 months balance transfer plans respectively.

Hong Leong Balance Transfer - the interest rates are 0.4%, 0.5%, 0.75% and 1% per month for their 3, 6, 9 and 12 months "balance transfer" plans respectively.

Upfront Interest Balance Transfer Plan with Fixed Installment

AmBank 8.99% Upfront Interest with FREE Gifts.

Alliance Bank 6% Upfront Interest 12 Months to 24 months

Citibank Upfront Interest 5.32% to 5.81% depending on the number pf months.

Maybank Upfront Interest 4.5% and 4.95% for 24 months and 36 months respectively.

Public Bank Upfront Interest 2% and 5% for 12 and 24 months respectively.

RHB Upfront Interest 3.88%, 5.88% and 8.88% for 12, 18 and 24 months respectively.

UOB Upfront Interest 3.3% and 6% for 6 and 12 months respectively.

Public Bank issued a Credit Card,

Corrupted Spirits — Fri, 13 Apr 2012 00:52:24 +0800

My girlfriend recently took a loan to buy her first car and yesterday when she went to sign the loan agreement, the worker told her that she is been issued a CC. My girlfriend asked if it's possible not to take it but the person said it's a package.

Now since I'm new in this, I'm wondering is it a common practice in issuing a CC when a person took up a car loan?

CC sugestion, CC sugestion

peterhealth — Fri, 06 Apr 2012 22:13:46 +0800

Hi, need to apply credit card. WHich is the best deal in town now?

Top reason why you do Balance Transfer,

brotan — Sun, 01 Apr 2012 16:59:54 +0800

Hi all,

Just doing a survey why you do BT. Everyone has their own reasons and everyone may have more than 1 reason

I just want to find out the top reason why you do so

as for me, I do it mainly to reduce interest charged on my flexi house loan

Balance Transfer (BT) Plans V2 - Banks Offer List,

brotan — Wed, 21 Mar 2012 17:20:30 +0800

Listed below are banks current offering of Balance Transfer (BT) program

As I do this on a non regular basis, so if there is any update on the balance transfer offering or mistake in my post, pls let me know by PM so that I can update / correct it

Disclaimer : I am not responsible for any financial issues arise from using the information provided. As I cannot list down all the T & C impose by banks, pls make sure you double check with the banks on the BT topics before you make any of your decision

Thanks

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Banks Currently Offering 0% Balance Transfer

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Banks Currently Offering <= 3%/yr Balance Transfer

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General Balance Transfer Offering

Bank Name : Public Bank

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Bank Name : Maybank

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Bank Name : RHB

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Bank Name : Aeon Credit Service

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Bank Name : AmBank

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Bank Name : Al Rajhi Bank

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Bank Name : BSN

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Bank Name : CIMB

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Bank Name : OCBC

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Bank Name : Standard Charted

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Bank Name : MBF

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Bank Name : Citibank

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Bank Name : UOB

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Bank Name : Hong Leong

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Bank Name : Affin

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Bank Name : Alliance Bank

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Bank Name : Bank Islam

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[wta] CC charged service tax immediately?, pls advice

miss mandy — Thu, 15 Mar 2012 22:26:59 +0800

i hv recently offered a cc by a bank after i took their housing loan.

when i get my statement, there is a Credit card service tax which cost RM50.

izzit normal??

btw what is the diff between statement balance and outstanding balance?

ty

Corporate Credit Card, Corporate CC to pay office bills online

Yali — Thu, 15 Mar 2012 12:33:11 +0800

Am looking for a corporate credit card which enable us to pay office bills online, but do not need to assign to a director or any other designated person.

Is there any in the market?

Mobile Credit card terminal,

drake88 — Wed, 14 Mar 2012 09:21:33 +0800

If i were to tell you that your IPHONE is your MOBILE CREDIT CARD TERMINAL would it be AWESOME !!

imagine your delivery boy holding an IPHONE and collect payment from your client via credit card.

basically the limit is your imagination ... whatever business you are in you can fully utilized it . Benefit to most for those having business outside their shop or office.

this is some examples.

F&B
Freelancer (model , photographer , DJs , Emcee .. etc )
Taxi company
Legal department
real estate
MLM
exhibition

AND SO MUCH MORE ~~~

Please feel free to comment. Pro and cons is always welcome

How does the rebate of credit card works?, Please help

TearsRainzz — Mon, 12 Mar 2012 11:01:54 +0800

Okay, let say i pump Rm100 petrol, rebate of my CC is 5%. So it means i only pay RM95 or i pay RM100 but i can get RM5 cash back?
And if so, how do i get the RM5? in cash or transfer to my account?

Sorry i am new, need serious advise.

Thank you

Suitable Credit Card For Me,

wakakaka — Sun, 11 Mar 2012 15:50:46 +0800

Hi,

Im wondering what suitable credit card for me to do my oversea online shopping? I'm a student and previously I did oversea online shopping (mainly in the US) using debit card and i find it very tedious keeping track with the Pre-Auth. Sometimes when i cancel my item i have to wait it refund like forever. I scared the bank will cheat me. So here are some of the criteria

Criteria
1. It would be great if it can accept Ebay (Paypal only allow address from US, so Ebay is my off limits)
2. Low oversea transaction fees. I thought of getting AmEx but i saw the 2.5% charges compared to Maybank Visa 0.5%. Im not sure if this still stands or not because the thread in LYN stating this was quite old
3. Pump petrol? I heard AmEx is great with points. Not sure about others though
4. No annual fee?
5. Only from Maybank and CIMB

I won't be using this credit card for normal outside shopping or dining though.

Need some input right now since im quite confuse with all these credit cards

Thanks in advanced

[addedon]March 11, 2012, 3:51 pm[/addedon]Edit: I guess i'll need my parents signature if I want to apply right? Since there's like a minimum income to apply credit card?

Credit Card Court Summons & CTOS Question,

Lin Dan — Wed, 07 Mar 2012 10:34:20 +0800

Hi guys,

Scenario :-

Receiving letter regarding credit card court summons asking to attend court (if failed to attend might get default judgement against the defendant)

How long will the summos info appear in CTOS record? Or will it appear at all?

If settle the outstanding before the judgement obtained, will the summons still appear in CTOS?

The question if received court summons, when will the summons appear in our CTOS?

credit card foreign exhange, base on what?

kuados — Tue, 06 Mar 2012 11:42:57 +0800

I'm not sure if this is the correct place to ask.Lets say i want to buy something from Amazon.com . Since they will be charging me in US dollars i would like to know what the banks are using to determine the foreign exchange rate when using credit cards for payment.Do all banks follow one rate using bank negara on that current day or do individual banks have their own rates of charging? Where can i see the rates for example if im using CIMB credit card for payment so i can get the bang for my buck for the exchange rates.