1. Visa2. Mastercard.3. JCB4. AMEX – Cost or Credit Card5. Diners Club6. Etc.

1. Annual charge things

You should not request waiver CIMB Direct Access Platimum and Gold – necessity Professional/Graduate.UOB Platinum – got to have BOTH MasterCard and charge and swipe lowest 6 times/card.Alliance Platinum – swipe 12 days per year or spend RM3,000/year.RHB Evo – surely got to swipe once per month or RM8 is actually charged for this month.OCBC Platinum Robinson – have got to invest RM8K/year inclusive of minimum RM1K at RobinsonMBB Flex -got to swipe two times a month or otherwise charged RM3.95Citibank preference – 2 deals in a monthCIMB Mastercard Paypass – cost-free for life without conditions

2. Tap and Go – no signature requisite matters

Visa Wave – MBB, UOBMastercard Paypass – CIMB, CIMB DAVisa payWave – MBB Petronas

Paypass restricted to RM120Visa Wave restriction should-be RM150

3. vital observe for CIMB and CIMB DA credit holders

4. Credit Card associated with Petrol Giants

BHP-UOBShell-CitibankAMEX recharged credit gives benefits aim (currently 2X if have Turbo 3X) for putting petrol after all petrol channels. Petronas-MBB Visa Gold with payWave (cost-free for a lifetime without conditions)Petronas-CIMB Mastercard Gold (totally free for life)All gas brands with CIMB DA Mastercard with discount around 2percent monthly*.

5. traditional monetary cost (interest rate)

Sells purchases: 18per cent p.a or 1.5percent p.m from declaration time upon paying the minimal amount.Cash advance: 18per cent p.a through the date of withdrawal.Late installment: 1percent of exceptional or RM 5 whichever is actually higher.Minimum installment amount: 5percent of outstanding or RM 25/RM 50 whichever was higher.

*warming brand-new BNM ruling whereby if you are not an entire pay master of the credit card for the past 12 months, beginning from June/July 2008, all your valuable transactions could be charged funds costs (17% p.a.) the minute your swipe. It means irregardless that which you buy whether petrol or PC section, it’ll have finance expenses beginning regarding the purchase date alone.

6. Subsidiary Notes

1) Citibank – only deposit and maintain RM200k2) UOB – beginning deposit of RM300k with servicing of RM200k3) traditional Chartered – Deposit & upkeep of RM200k4) OCBC – beginning deposit of RM300k with maintenance of RM200k5) HSBC – Deposit & upkeep of RM200k

7. Amex – credit card AMEX charged card gets payoff point (currently 2X if got Turbo 3X) for working gas at ALL petrol channels.

Another perks AMEX has over others is that they presently need half a year 0percent installment for any transaction. AMEX is truly 0% while they is no managing or surchage charge in comparison with DA and UOB.

8. worldwide TransactionsMastercard and charge fees a surcharge on top of the rate of exchange. The banks also choose to recharge an extra government charge on top of that

Maybank: 0.5percent –>verified by Hye

Citibank: 1per cent –> confirmed by tinkerbel

HSBC: 1% –> HSBC will also demand a Misc charge; lender tryn't able to give details on what that is but according to CS who we talked with, there's a little misc charge. (contribution by Tinkerbel)

Criterion Chartered: 1percent

AMEX cards: 1.5% fee + 0.5percent (provided by Hye) : an extra 2.5percent (given by tinkerbel)

Bank Card Cancellation Letter

[your own name][the target][Date]

Dear Sir or Madam:

Kindly let this page serve as observe best payday loans West Virginia that I am terminating my mastercard accounts successful right away. Kindly nearby here levels:

Credit Card Organization: ____________Account Numbers: ________________

Be sure to send me created verification that my personal account happens to be sealed. Also, please make sure you have notified all suitable mastercard bureaus that this account had been enclosed within my demand.

Thank-you for your prompt attention to this topic.

Advance loan charge 5% of cash amount (minute RM20), and18percent p.a. everyday interest(N/A for prepared Cash) [from Citibank]

Advance loan cost :The advance loan fee was recharged to any detachment of money generated. It is imposed each cash loan purchase. 5percent or RM20, whichever are greater. [From UOB lender]

Cash Advance Commission/Fee*VISA/Mastercard (Both Regular and Gold)

Level rates of 5.00% with the full amount of money advanceMin: RM10 [From Maybank]

Cash Advance cost 5percent of levels driven, subject to no less than RM15, whichever are high. [ From Direct Access]

Cash Advance cost 5per cent of amount driven, susceptible to at the very minimum RM15, whichever are high. [From CIMB]

d) cash loan costs > the bucks advance fee is actually 5% regarding the amount excellent or a minimum of RM15. Whichever was greater. This can be enforced for each cash loan transaction

> For HSBC Amanah credit card, cash advance is actually capped at RM1,000 per transaction and a charge of RM60 per transaction are levied

> For payday loans made over the HSBC banking countertop, there’ll be an extra fee in the following:– RM50 on bank cards issued by neighborhood banking institutions apart from HSBC – RM20 on credit cards given by non-Malaysian card providers (such as JCB)- Cards issued by HSBC lender Malaysia and the HSBC Groupare exempted out of this charge[HSBC]

Cash loan Fees/Casino Chip costs the money advance charge is actually 5per cent associated with the quantity advanced level or at least RM15, whichever is actually high. This might be imposed per profit advance/casino potato chips deal. [From OCBC]

This blog post might edited by vin_ann: Aug 11 2008, 10:16 PM