tag:blogger.com,1999:blog-37045477.post3852097850054817667..comments2023-10-15T21:42:27.426+08:00Comments on Philosophy Politics Economics: Credit Cards Snip! (I)Unknownnoreply@blogger.comBlogger12125tag:blogger.com,1999:blog-37045477.post-15908590435817288292010-01-08T20:37:33.300+08:002010-01-08T20:37:33.300+08:00a) Why didn't you consider cutting the other c...a) Why didn't you consider cutting the other cards at the next expiry period? I'm sure not all your cards expire on Jan, right?<br /><br />b) I have to agree on the annual fee thing though. In this day and age, all you need is to call up the customer service, and usually they will waive the fees for another 1 or 2 years. If you are still paying for annual fees, i got to ask: "which rock did you just crawl out from?" (Hint to NCKeat)<br /><br />c) Shanmuga's comment is valid also. Tony, you will find that Mastercard in many places and many countries are far more popular and acceptable, even when compared with Visas.creditcardhttp://url.comnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-35336653273816237552010-01-04T18:09:47.402+08:002010-01-04T18:09:47.402+08:00YB,
Thanks for doing the homework for us. We retu...YB,<br /><br />Thanks for doing the homework for us. We returned 4 credit cards on New Year's Eve @ the banks itself. Not a problem...took less than 5 minutes for us to fill up a form & then they cut the cards up in front of us.<br /><br />What a "cleansing" way to end 2009 & start 2010 with a less bulky wallet!audreyhttps://www.blogger.com/profile/04149737054919047740noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-35770550630408566312010-01-01T02:54:08.482+08:002010-01-01T02:54:08.482+08:00Have you checked your MaybankAmex statement Tony? ...Have you checked your MaybankAmex statement Tony? My girlfriend bought plenty with that card as well,'thinking' that there would be an extra 15% discount but her latest statement says otherwise.<br />I really hate all these fine prints! I believe there is a limit of RM1000 per month which would qualify for cashback. That means you would only get RM150 discount. But, here's the shocker, if you divide 4 mil with 150, you get only 26666! I'm quite sure MaybankAMEX have much much MORE than 26666 subscribers. That would mean 4 mil payout would finish under a month, maybe even less than a week.<br />My take is, this is a gimmick to get people signing up to MaybankAMEX as AMEX have not been very popular with traders nor consumers.<br />I wished that they were more sincere with the consumers and perhaps introduce a RM4 billion cashback instead :pSimon Hnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-65191897117355369252009-12-31T00:26:50.510+08:002009-12-31T00:26:50.510+08:00No way I will reach the cap of RM200. Anyway, I gu...No way I will reach the cap of RM200. Anyway, I guess Citibank Shell card is better for big spender. Well they may waive the fee for big spender over certain limit but not for everyone. This was the reason why I stop the Shell card as they refuse to waive the fee as I only used it for fuel.Unknownhttps://www.blogger.com/profile/13200078238512148803noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-68294268610923394492009-12-30T23:32:59.706+08:002009-12-30T23:32:59.706+08:00I would cancel all my Credit cards!I would cancel all my Credit cards!alan tanhttp://www.alantanblog.comnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-20831701837341322752009-12-30T22:21:42.375+08:002009-12-30T22:21:42.375+08:00Woh..interesting topic..!
Learning a lot indeed fr...Woh..interesting topic..!<br />Learning a lot indeed from YB in life..!<br /> <br />No wonder I am so poor..even working 12 hours or more every day..but still being so poor in life..for bankers..!<br /><br />Keep on your life-minds games..improving all the lives of others..in Malaysia!<br /><br /> When I rich enough..I shall consider to join your life...!<br /><br />May God bless you..A Truly 1Malaysia..!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37045477.post-91213679745665929032009-12-30T17:54:51.335+08:002009-12-30T17:54:51.335+08:00That the exact results that I find out after going...That the exact results that I find out after going through every single banks' cards fine prints and T&Cs...<br /><br />Ultimately, like yours, it is either Shell Citibank or Maybank Amex...<br /><br />There used to be a Standard Chartered Titanium card which gives you unlimited 2.5% rebate off any transaction and 5% rebate off during Friday only...no catch at all. Imagine paying off all the bills on Friday and get 5% off ;)<br /><br />I guess thats why StanChart decides to pull off this card from the market...losing money maybe...russelhttps://www.blogger.com/profile/07648428162191214087noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-19362052263435019532009-12-30T16:05:29.075+08:002009-12-30T16:05:29.075+08:00K Shanmuga,
I've not seen any merchants only ...K Shanmuga,<br /><br />I've not seen any merchants only accepting Mastercard without VISA or vice versa. Banks offer merchants both at one go. I only know "The Ship" restaurant boycotting one of the cards before.<br /><br />NCKeat,<br /><br />The annual fee RM90 is easy. Just a phone call and it gets waived. Used to have to do a lot of those. But now with only 2 cards, it's easy. <br /><br />1. Comparison with CIMB card (Petronas) v Citibank (Shell):<br /><br />Shell - 2.5% rebate; Petronas - 2% only<br />Shell - 0.75% cash rebate on ALL other transactions, Petronas - only 0.5%.<br />The 5% 1st day of the month (only) rebate for Petronas is impractical, but regardless, the offer expired in March 2009.<br /><br />2. Comparison with Direct Access (any petrol) v Citibank (Shell):<br /><br />Read the T&C of Direct Access, and it's self-explanatory that the Shell card offers a better deal:<br /><br />"From 1st July of 2009 to 31st December, Direct Access World, Platinum or Gold Master Card offers a 5% rebate at any petrol station on the 1st of every month and 2% rebate on all other days - The rebate is <b>capped at a maximum spending of RM200</b> or rebate of RM10 on every 1st day of the month. <br />"<br /><br />Hence unlimited 2.5% rebate from Shell, anytime, anyday of the year is a much better deal. Anyway, the petrol rebate offer expires tomorrow for DirectAccess card.<br /><br />Tony ;-)Golf Afflictedhttps://www.blogger.com/profile/16363347839543221577noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-53170201937415689012009-12-30T15:31:41.697+08:002009-12-30T15:31:41.697+08:00The Citibank Shell card charge annual fee RM90 for...The Citibank Shell card charge annual fee RM90 for classic card (you need to pump RM6000 just to offset the annual fee) or RM195 (Rm3900 with 5% rebate just to offset the annual fee) for Goldcard and you only got rebate on Shell fuel. CIMB/Direct Access cards are FREE for life and they give rebate 2.5% to 5% on petrol from ANY brand of fuel. I have the Direct access card for last 20 years without paying a single sen on annual fee even if I don't swipe the card in a whole year. The petrol rebate is yours and no need to be used to offset annual fee.nckeat88https://www.blogger.com/profile/10933136359398049303noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-63568346298537434502009-12-30T15:22:44.322+08:002009-12-30T15:22:44.322+08:00Citibank Shell Card may not be good as it seems be...Citibank Shell Card may not be good as it seems because they charge annual fee and all your rebate may well go to the annual fee. Some card like direct access / CIMB do offer free for life and they give 2% rebate on petrol EVERYDAY plus 5% on 1st weekend of the month.nckeat88https://www.blogger.com/profile/10933136359398049303noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-1145768992456562342009-12-30T15:21:58.797+08:002009-12-30T15:21:58.797+08:00What happens if a merchant only accepts Master Car...What happens if a merchant only accepts Master Card?Shanmuga Khttps://www.blogger.com/profile/08142437314602521474noreply@blogger.comtag:blogger.com,1999:blog-37045477.post-27598772770683950052009-12-30T14:46:39.816+08:002009-12-30T14:46:39.816+08:00Great analysis!
Yeah, terminating cards in this m...Great analysis!<br /><br />Yeah, terminating cards in this month is a real pain. HLB and Alliance seems "unreachable", OCBC is prompt though.CKhttp://twitter.com/ckaywongnoreply@blogger.com