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Maybank Islamic MasterCard Ikhwan Platinum/Gold V2

Thu, 01 Jan 1970 07:30:00 +0800

Maybank Islamic MasterCard Ikhwan Platinum/Gold V2

Gen-X — Tue, 03 Nov 2015 09:26:03 +0800

Maybank Islamic MasterCard Ikhwan Gold and Platinum Card

Maybank Islamic MasterCard Ikhwan V1

Benefits:

1. FREE FOR LIFE

2. 5% Cash Back for Petrol and Groceries on Fridays and Saturdays. Capped at RM50/month for Principal only.

3. TreatsPoints. Every RM1 spend locally and overseas earn 1 Treatspoints

4.Umrah Trip. One weekly Umrah winner (package for 2pax) will be selected to win an Umrah package (for Muslims) or holiday package (for non-Musilms) - non exchangeable / transferable. Every RM200 retail spending in one single receipt entitle for 1x entry. Campaign starts 1st August 2014 and ongoing. Winner selection will be done every six (6) months.

5. Supplementary Cards ARE NOw ELIGIBLE for the 5% cash back!!!

And every time you use the Maybank Islamic MasterCard Ikhwan, Maybank will contribure 0.1% to charity

Click here to read my short review of the Maybank Islamic MasterCard Ikhwan Platinum/Gold Review

The FREE FOR LIFE Maybank Islamic MasterCard Ikhwan Gold and Platinum Card is great to compliment the FREE FOR LIFE Maybank 2 Cards. Click here to read my article Maybank 3 Cards GTR

Recommendation for Credit Cards V3

Gen-X — Thu, 09 Jul 2015 23:34:53 +0800

Info for credit card newbies:

1. Minimum income requirement to qualify for a credit card is RM24,000 per annum (effective from 18th March 2011). You must be able to submit proof of your income.

2. Minimum age to qualify for a Principal credit card : 21 years old. Supplementary cardholders: at least 18 years old.

If you do not/cannot meet the above requirements, then you are not qualified for a credit card. You still can go get a debit card and enjoy the convenient similar to a credit card.

3. If you are a foreigner or your income is from overseas (e.g. you work in Singapore), please refer directly with the bank if you are eligible for their credit cards

4. There is no such thing as the best credit card, it depends on your needs and each card has its own benefits.

5. For those earning less than RM36K, your credit limit should be 2X your monthly income in accordance to BNM guidelines. For those earning more than RM36K, the credit limit assigned to you is entirely up to the bank. With BNM latest guidelines, banks are no longer allowed to increase a cardholder's credit limit without his/her consent.

When choosing a credit card, below are things to consider

1. Free Lifetime Annual Fee - if the card does not come with automatic annual fee waiver, e.g. 12 swipes per year, then you have to waste time requesting for annual fee waiver yearly.

2. What is the main purpose of you getting a credit card? - Petrol, Cash Back/Rebate Only, Overseas Transactions, Golf, Installment Plans, Airport Lounge etc. Do some homework and you shall benefit from using the right credit card.

3. Convenience in making payment. You are to make payment before the Due Date or else you may be imposed Late Penalty Fee and Interest Charges.

For Recommendation - please post according to format in Post#2 below.

Actions required after you get your first credit card.

1. Read the Terms and Conditions of your credit card.

2. CLICK HERE and read this thread so that you won't be conned.

3. Call Customer Service (number behind your card) and request that your credit card sms alert default value to be set to RM1. Click here to the relevant thread.

4. Click here to read my article Credit Card Fraud Calls and Banks Default Value for SMS Alert in order to reinforce into your head so that you won't be conned.

Gen-X's recommendation for those new to credit cards and looking for cards to replace the once upon a time wonderful Maybankard 2 Cards AMEX:

Annual Income RM24K/year to RM30K/year.

UOB One Card:

Pros - good for Petrol as it earns you 2% and 5% cash back for all stations on weekdays and weekends respectively. However the cash back is capped at RM15/month, i.e. up to RM300 petrol. And if you pump at BHP, you get to earn SMART$ too PLUS BHP points.

Cons - No auto annual fee waiver (currently as of July 2015, first two years annual fee waiver). UOB revises the T&C of their credit cards very frequent.

CIMB Cash Rebate MasterCard:

Pros - FREE FOR LIFE, no whatsoever conditions. 5% cash back for Online Spending and 2% cash back for Petrol, Groceries and Utilities.

Cons - 0.2% cash back for other type of spending.

AEON Watami Visa:

Pros - 3% quarterly cash rebate on total retail transactions outside WATAMI with an accumulated spending of RM3,000 per quarter. Rebate is capped at RM150 per quarter. Annual fee waived with 12 swipes.

Cons - Petrol transactions are not eligible for the 3% cash back.

Click here to read my review of the AEON Watami Visa Credit Card.

Hong Leong Bank WISE Gold Visa:

Hong Leong Bank Wise Platinum Visa:

Pros - It earns you up to 10% cash back for Petrol, Groceries, Utilities and other categories.

Cons - The 10% cash back is only limited to 2 categories PLUS you must swipe a least 10 times where each swipe shall not be less than RM50. NO annual fee waiver.

Hong Leong Bank Essential Visa:

Pros - UNLIMITED 1% cash back. Annual fee auto waived with just 12 swipes.

Cons (contributed by zcs) - Petrol is not applicable for the 1% unlimited cashback. Besides that, minimum retail transaction of for this card in a month is RM100 in order to qualify for the cashback.

Minimum Annual Income RM30K/year.

Maybank Islamic MasterCard Ikhwan - for those who need a cash back credit card for Petrol and Groceries:

Pros - FREE FOR LIFE, no conditions whatsoever. You will earn 5% cash back for Petrol and Groceries every Friday and Saturday.

Cons - Supplementary cards are not entitled to the 5% cash back for Petrol and Groceries.

Click here to read my review of the Maybank Islamic MasterCard Ikhwan Gold and Platinum.

Maybankard 2 Cards -This is a combo package where you are issued an American Express and you can decide to partner it with either a Visa or MasterCard:

Pros - FREE FOR LIFE, no conditions whatsoever. The MBB 2 AMEX earns you 5X Treats Points everyday for any transactions which is like approximately 1.25% cash back when redeeming for cash vouchers. You will get additional 5% cash back for Dining only (effective 1st August 2015) with the MBB 2 AMEX on Saturdays and Sundays.

Cons - The MBB 2 Visa or MasterCard only earns you 1X Treats Points.

Minimum Annual Income RM60K/year.

Hong Leong Bank Wise Platinum Visa:

Pros - It earns you up to 10% cash back for Petrol, Groceries, Utilities and other categories.

Cons - The 10% cash back is only limited to 2 categories PLUS you must swipe a least 10 times where each swipe shall not be less than RM50. NO annual fee waiver.

Premier Credit Cards - Annual Income RM100K/year and above.

If you are looking for a card that gives you 5% cash back for Petrol and Groceries PLUS FREE 5X entries to Plaza Premium Lounges nationwide without any conditions, click here to read my review of the Maybank Visa Signature.

If you want 6% cash back for Dining, Groceries and Online Transactions, click here to read my review of the Public Bank Visa Signature. The annual fee is auto waived with just 12 swipes! It will soon also gives you 3X FREE entries to Plaza Premium Lounges nationwide without any conditions.

Above recommendations were extracted from my post at my man blog, for more info on other credit or debit cards that may be of use to you, please click here to my Recommendation of Credit Cards at my main blog.

If you are looking for Premier Credit Cards with good Enrich Miles and Krisflyer redemption - click here to Enrich Miles Thread and click here to my Comprehensive Review of The Best Credit Cards for Redeeming Frequent Flyer Miles where I have a summary comparing more than 20 credit cards.

If you are looking for a credit card for free access to KLIA & KLIA2 Plaza Premium airport lounge and airport lounges worldwide click here to that thread.

If you are looking for 0% Balance Transfer, click here to BT Thread. And if you are new to Balance Transfer, please click here to read my article Balance Transfer Plans - Facts You Need To Know before signing up for one.

If you are looking for cards that offers 0% installment plans, Maybank credit cards are accepted at many merchants where you can opt for Ezy Pay starting from 6 months and up to 36 months. However, once again, if you don't have savings please do not sign up for 0% Installment Plans because you will be in debt. And I advise you to go for shorter period. Click here to read my article 0% Installment Plans - It IS A Trap.

If you only pump petrol at Petronas, go to CIMB and Maybank websites and check out their Petronas credit cards.

Last but not least - the only thing that is of importance regarding credit cards is - DO NOT do apply for a credit card if you have no cash or savings to pay for your transactions. Credit card interest rate is very high and many go bankrupt because they have no discipline in controlling their spending. Always settle credit card bills in full monthly, never say just once, if you don't have money today in the bank to pay your credit card bills, what makes you think you will have enough money tomorrow to pay your credit card bills? DON"T be a slave to the banks.

Click here to test drive my Maybank 3 Cards GTR. FREE FOR LIFE AMEX + Visa + MasterCard

Free Access to Airport Lounges with CC V2

Gen-X — Wed, 17 Jun 2015 13:28:19 +0800

Airport Lounge Access

First compiled by David83 in CC Thread V11 and Updated by MilesAndMore in CC Thread V12

Previous Thread - Free Access to Airport Lounges with Credit Card V1.

FREE ENTRIES TO MALAYSIA AIRLINES GOLDEN LOUNGE HOME AND ABROAD

1. CIMB Enrich World MasterCard – 8X FREE entries per year. Is it really FREE? Click here to read review of the CIMB Enrich World MasterCard versus Maybank 2 Cards Premier.

LIMITED AND WITH CONDITIONS FREE ENTRIES TO KLIA and KLIA2 PLAZA PREMIUM LOUNGE WITHOUT PRIORITY PASS MEMBERSHIP CARD.

1. Maybank Visa Infinite stand alone – 5X (including Plaza Premium Lounges in London, Singapore, Hong Kong, Beijing and Vancouver).

2. Maybank 2 Cards Premier Visa Infinite – 5X (including London, Singapore, Hong Kong, Beijing and Vancouver). Supp card(s) are NO LONGER entitled to any FREE access to airport lounges.

3. Maybank Visa Signature – No more FREE entries – Zero, Nil, Zip, None. Effective 8th March.

4. AEON Gold Credit Card – 6X

5. RHB Visa Infinite – Unlimited access to lounges in Malaysia and Singapore Changi Airport (for the first 1,000 per month).

6. RHB World MasterCard, Visa Signature and Business Platinum – 5X. Click here to read my review of the RHB VI, VS & WMC.

7. RHB Platinum – Effective 1 March 2016, the complimentary access to Plaza Premium Lounge will no longer applicable to RHB Platinum Card.

8. UOB Preferred Platinum and UOB PRIVI Miles Visa – with minimum RM%)) spending per month 3 months prior to visiting PPL (terms and conditions changes yearly).

9. AmBank WorldMasterCard and Visa Infinite (click here to read review by VergonDC – UNLIMITED FREE entries!!! Includes selected overseas Airport Lounge, FREE FOR LIFE.

10. AmBank MasterCard and Visa Platinum (FREE FOR LIFE) – 3X FREE entries.

11. Public Bank Visa Infinite and Visa Signature - 5X and 3X FREE entries respectively effective 1 August 2015. Thanks to nahtano for this info.

12. AMEX Platinum Credit Card – ZERO, NIL, NONE.

13. AMEX Platinum Charge Card – 12X.

14. AMEX KrisFlyer – 5X. Click here and read my review of the Maybank Singapore Airlines KrisFLyer Miles AMEX where you can earn 1 Krisflyer Mile for every Ringgit spent locaally and overseas!!! And earn Krisflyer miles government transactions too unlike Maybank credit cards that rewards you Treats Points (click here to read revision to Maybank Treats Points Effective 15th April 2016).

15. CIMB Preferred Visa Infinite – 4X.

17. AEON Big Visa Gold Credit Card (click here to read my review) – 6X FREE entries PLUS 5% cash back for Petrol!!!

KLIA PLAZA PREMIUM LOUNGE ONLY WITHOUT PRIORITY PASS MEMBERSHIP CARD

1. Alliance Platinum Visa or MasterCard – UNLIMITED for Alliance Privilege and Personal customers only. FREE FOR LIFE.
2. Citibank PremierMiles and Citibank Platinum – UNLIMITED but you got to go beg them for auto annual fee waiver.
3. Hong Leong Bank MATTA credit card.
4. UOB Visa Infinite – 4X FREE entries.
5. HSBC Visa Signature and Premier MasterCard – please refer to latest terms and conditions as HSBC promos are limited time and changes every now and then.

PRIORITY PASS MEMBERSHIP CARD TO ENTER AIRPORT LOUNGES WORLDWIDE (including KLIA and KLIA2)

1. Alliance Bank Visa Infinite – commencing from 2016, existing cardholders need to spend minimum RM150K to be eligible for FREE entries, please visit Alliance Bank website for more info. If you ask me, if you do spend above RM150K, better go with Maybank 2 Cards Premier and get to fly Business Class sooner and as such the PPMC is of no use.
2. Maybank Visa Infinite Stand Alone –TERMINATED effective 1st March 2016.
3. Maybank 2 Cards Premier Visa Infinite – TERMINATED effective 1st March 2016.
4. UOB Privilege Banking Visa Infinite – 6X.
5. Maybank World MasterCard.
6. Citibank Prestige World MasterCard Elite – UNLIMITED. No annual fee waiver plus their reward redemption program is not competitive. This card good for those who need bragging rights and happily don’t mind wasting money on the annual fees and earn less in returns.
7. Standard Chartered Bank Visa Infinite – 2X. This card reward points redemption program is amongst the worst on earth,
8. CIMB Bank Visa Infinite i – UNLIMITED FREE Entries but other than this, the reward points redemption program is not competitive.

GREEN MARKET MENU FOR THOSE WHO ENTER FOR FREE WITH CREDIT CARDS

Those of us who have credit cards that allow us FREE entries to Plaza Premium Lounges at KLIA2, well, you may be able to eat for FREE at Green Market at KLIA Departure Hall (landside) too. I tell you, the coffee is freaking good. Bad news for those of you who only holds the Priority Pass Membership Card – you don’t get to eat for FREE at Green Market, hahaha. Next time you in KLIA 2, just drop by Green Market and see if your credit cards allows you FREE makan

Click here to read my article Singapore Changi Airport Terminal 1 Skyview Lounge where I entered for FREE with the Priority Pass Membership Card. If you fly with Air Asia, then you may get to visit the Skyview Lounge for FREE with the Priority Pass Membership Card

Click here to see photos of Macau Airport Lounge where I entered for FREE with the Priority Pass Membership Card.

Fixed Deposit Rates In Malaysia V. No.9

Gen-X — Tue, 09 Jun 2015 10:09:46 +0800

Previous Threads

Original FD Thread
Fixed Deposit Rates in Malaysia V2
Fixed Deposits Rates in Malaysia V3
Fixed Deposit Rates in Malaysia V4
Fixed Deposits Rates in Malaysia V5
Fixed Deposits Rates in Malaysia V6.1
Fixed Deposit Rates In Malaysia V.7
Fixed Deposit Rates in Malaysia V.8

Note: Until further notice, please refer to Post#3 for current FD Promos compiled BoomChaCha in V.8 -

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information).

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 18 October 2014.

Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.25%, 3.3%, 3.40% and 3.7% (Revised 18/7/14)

Alliance Bank - 3.15%, 3.2%, 3.25% and 3.3% (Revised 21/7/14). FD Gold 12 months 3.40% (Interest paid monthly).

AmBank - 3.15, 3.2%, 3.25% and 3.35% (Revised 18/7/14)

Citibank - 2.95%, 3.10%, 3.10% and 3.20% (Revised 17/7/14)

CIMB Bank - 3.15%, 3.2%, 3.25% and 3.30% (Revised down 7/10/14)

Hong Leong Bank - 3.05%, 3.1%, 3.2% and 3.30% (Revised 16/7/14)

HSBC Bank - 2.90%, 3.10%, 3.15% and 3.25% (Revised 16/7/14)

Maybank - 3.15%, 3.20%, 3.25% and 3.30% (Revised 16/7/14)

OCBC Bank - 2.75%, 2.85%, 2.9% and 3.05%

RHB Bank - 3.15%, 3.20%, 3.25% and 3.45% (Revised 18/7/14)

Public Bank - 3.15%, 3.20%, 3.30% and 3.35%. PB Golden 50 Plus 12 months 3.45% (Revised 16/7/14)

Standard Chartered Bank - 2.95%, 3.10%, 3.15% and 3.25% (Revised 23/7/14)

UOB Bank - 3.05%, 3.10%, 3.10% and 3.30% (Revised 18/7/14)

Fixed / Time Deposit and Savings Account Promotions September and October 2015.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

*
Alliance Bank - eTerm Deposit-i Promo until end of August 2015. Contributed by Nauts.

QUOTE(Nauts @ Aug 18 2015, 05:29 PM)

Alliance Bank 4.08% , 9 months

http://www.allianceislamicbank.com.my/eATDiPromo
[right][snapback]75962349[/snapback][/right]

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AmBank - Merdeka FD Promo. Contributed by cybpsych.

QUOTE(cybpsych @ Aug 14 2015, 09:35 PM)

Ambank: I AmBanking on Top Rate of Merdeka
Terms & Conditions apply (Eng | BM)

[right][snapback]75905198[/snapback][/right]

OCBC BANK - FD Promos Valid until 30 November 2015. Contributed by magika.

QUOTE(magika @ Aug 14 2015, 10:42 AM)

OCBC new promo 6 months 4.00% 13 months 4.20% interest credit into CASA at interval 6+6+1 months.
[right][snapback]75894334[/snapback][/right]

UOB BANK FD Promos- Minimum Fresh Fund RM10K.
No Stupid CASA Requirements, No Step Up Rubbish and No need to deposit a single sen into Savings or Current Account!

3 Months - 3.85%
5 Months - 4.0%
8 Months - 4.1%
12 Months - 4.2%

*

MAYBANK - 5+5 Months FD Promo until 30 September 2015.

*

PUBLIC BANK - 6+6 Months TD Promo until 30 September 2015.

QUOTE(cybpsych @ Sep 12 2015, 10:03 AM)

PB Bonus Reward Campaign [ PBB | T&Cs ]

[right][snapback]76359297[/snapback][/right]

*

RHB FD Promotions until 31 October 2015. Minimum Fresh Fund RM10K.

3 Months - 3.85%
6 Months - 3.95%
9 Months - 4.10%

*

BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.

Thanks to all members who highlighted that deposit more than RM5K with BR is now eligible for monthly dividend. However, please note that many members here reported that their monthly dividends were not be credited monthly but they have to call up BR staff to have it done manually every month!!!
Special thanks to bbgoat for reporting the tenure to be eligible for monthly dividend:

QUOTE(bbgoat @ Apr 16 2014, 06:45 PM)

Was in BR again today. Asked the question. For monthly interest the FD has to be min 6 months.
[right][snapback]67549482[/snapback][/right]

**
eFD or eTD. Contributed by Nom-el

QUOTE(Nom-el @ Aug 20 2015, 02:56 PM)

Banks that offer true eFD (can do placement & uplift online)
i) AmBank
ii) RHB
iii) Maybank
iv) CIMB
v) Alliance Bank
vi) Hong Leong
vii) UOB
viii) OCBC

Banks that offer online FD placement (cannot uplift online)
i) Affin
ii) Public Bank
iii) Citibank - contributed by bbgoat

I think HSBC can do online placement too but not sure if can uplift online or not. Confirm by cklimm placement only and cannot uplift.
[right][snapback]75993770[/snapback][/right]

QUOTE(ikanbilis @ Aug 20 2015, 11:00 PM)

For HSBC eFD, no need go branch for uplifting. You can do the uplifting through phone banking. Tested it myself yesterday for my pre-mature eFD. Everything is done within minutes for me to giro the money to another bank.
[right][snapback]76002057[/snapback][/right]

**

For more Fixed Deposit Promotions and my comments on them, please click here to my FD Page. In my FD Page I also touched on Maybank Q-Cash where you can deposit your money short term ( minimum 1 day up to 29 days or more and earn "interest rate" similar to 1 Months FD's rate.

If you are new to Fixed Deposit or even a serious FD fan, click here to my article Get More FREE MONEY With The Right Fixed Deposit Promotions.

And if you want to know the quickest way get Fresh Fund to be eligible for Fixed Deposit Promotion without even leaving the bank where you are withdrawing your matured FD; click here to my article titled A Little Bit Of This and A Little Bit of That - Vol.1, Chapter IV. In this article I will show you how to be eligible for FD Promo with fresh fund using GIRO plus Current Account with Over Draft Facility (to be on the safe side). And the transfer fee may cost less than what your bank impose for a Banker's Cheque. Updated timetable for GIRO cut off time for same day transfer.

If you want to know more about the pros and cons of Statement Based FD versus Cert Type click here to my article A Little Bit Of This and A Little Bit Of That - Volume 1, Chapter VII. And the flip side of me telling you the pros and cons of Statement Based FD is that I have unintentionally taught an evil person how to con his parent(s) off their hard earned money! Plus why you should have money in FD, lots of it actually; instead of having so many properties which are not liquid and can't assist you to prolong your life. I will tell you how to get funds to pay for the mountain high hospital bills while your liveless body lay in the Intensive Care Unit.

HSBC Credit Cards V.2

Gen-X — Fri, 02 Jan 2015 10:28:15 +0800

HSBC Credit Cards V.1

Click here to HSBC Malaysia Official Credit Card Website and to apply for thier credit cards.

*

I can confirm that for the last 3 years (2012, 2013 & 2014), I did not get annual fee auto waiver for my HSBC Visa Signature even tho I swipe more than 12 times (click on the links I provided below to my articles to learn more). Before you sign up for a HSBC Credit Card, reconfirm if the annual fee is automatically waived with 12 swipes, i.e. get black and white from CS or ask the HSBC agent to show you where this is stated in the T&C.

Below is what cyang81 reported:

QUOTE(cyang81 @ Aug 29 2012, 10:06 PM)

My HSBC Signature have been charge RM600 annual fees on 27/Aug/12 without auto waive.
I have swiped more then 50x @ RM 10K+++
Have to call HSBC CS just now to ask about the annual fees auto waive 12x.
The CS told me now no more auto waive for all HSBC CC except HSBC Advance & Premier.
When I told him to cancel my card, then only he try to offer to waive the annual fees.
But I have to pay RM 600 first for this current statement and HSBC will credit back the annual fees in next statement billing.
[right][snapback]54217010[/snapback][/right]

Main Benefits of HSBC Credit Cards in general
1. Discount at selected merchants (go to HSBC website to learn more)
2. Contest (not sure if this should be a benefit but many members here do win something from time to time).
3. More than 1X Points at selected malls.
4. Travel Insurance for Gold Card.
5. Free Purchase Protection Insurance Coverage for Gold Card.
6. 0% installment plan at selected outlets. Go to HSBC website to see list.

Disadvantage of HSBC Credit Cards versus other cards
1. Reward points 1X only (however you may earn more than 1X Reward Points at selected malls/transactions for limited time subjected to quota)
2. HSBC credit cards promos (i.e. 5X, 8X and 10X Reward Points) are designed to make you spend more money on non-essential stuff. You get 1X points only for essential expenses (TNB, Mobile Phone Bills, Astro, Unifi, etc).
3. HSBC tele-marketing agents will disturb you very frequent and pester you to sign up for their Personal Loans (quickest way to drown in the shit hole of debt).
4. Reward points are not evergreen, good for 3 years only.
5. You get nothing when using it to pump petrol unless there is a promotion by HSBC. Click here to Petrol Thread.

HSBC limited time Balance Transfer Offer
Please note that HSBC do not issue separate account for their Balance Transfer Plan and payment is based on hierarchy. You are advised to understand the terms and conditions before you proceed to apply for their Balance Transfer Plan. Click here to read my article on Balance Transfer Plans - Facts You Need To Know.

Ways to apply for the HSBC Credit Cards
1. Online by clicking on the official website and click Apply Now, the 1st link of this Thread/Post. Usually they offer some kind of welcome gift.
2. If you are in Klang Valley, best place is at Mid Valley on weekends where there are tons of HSBC representatives more than willing to assist you in getting a HSBC Credit Card.

HSBC Customer Service Contact Numbers - In my opinion, they are now the worst and unfriendliness auto tele-answering system in Malaysia as far as Credit Card Customer Service is concerned.
1. HSBC Malaysia Customer Service General Line 1-300-88-1388 or 03-83215400

Useful Information
When calling HSBC Customer Service, select BM instead of English to speak to a Malaysian representative. Thanks to aeiou228 where he posted at FD thread at Main Finance Section.

Notice to HSBC Agents, please click spoiler below:

» Click to show Spoiler - click again to hide... «

NOTE
If you sign up for an online account to check your credit card transactions, you will no longer be issued any paper statements in the mail. So, if you want to have paper statement sent to you monthly, DO NOT sign up for online account.

When we call HSBC to beg for annual fee waiver, nowadays HSBC will tell us to pay the annual fee upfront and then they will credit us back the payment. Well, I won't tolerate that kind of ridiculous insincere offer but will demand that my annual fee be waived on the spot. Click here to read my article titled "My HSBC Visa Signature Pisses Me Off Big Time" where I shared my experience on annual fee waiver for my HSBC Visa Signature and hopefully you can learn a thing or two from it.

HSBC also advertised that their Permeir and Visa Signature offers you 5X, 8X and even 10X Reward Points at selected malls and for certain overseas transactions. But what HSBC never tells you is that what they advertised as benefits are not standard card features but limited time promos. And if you did not know, HSBC promos ARE NOT valid all year round but for selected months within a year. And you need to register for HSBC so call card benefits yearly!!!

UPDATE January 2016 - Super Mini Review of the HSBC Amanah MPower Platinum-i

If any of you are considering of signing up for the HSBC Amanah MPower Platinum -i and thinks you're going to get 8% cash back for Petrol and Groceries.. best you click here and read my Introduction To Credit Cards - CC 101 where I will show you the that max cash back for petrol or groceries with the HSBC MPower is 2.35%

Fixed Deposit Rates In Malaysia V. No.8

Gen-X — Thu, 01 Jan 2015 00:28:45 +0800

Happy New Year 2015

We are now on Version No.8. Let's see which bank is to be the first to offer 4.8% for 12 months FD Promo

Previous Threads

Original FD Thread
Fixed Deposit Rates in Malaysia V2
Fixed Deposits Rates in Malaysia V3
Fixed Deposit Rates in Malaysia V4
Fixed Deposits Rates in Malaysia V5
Fixed Deposits Rates in Malaysia V6.1
Fixed Deposit Rates In Malaysia V.7

Note: Please refer to Post#2 for latest FD Promos by BoomChaCha

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information).

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 18 October 2014.

Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.25%, 3.3%, 3.40% and 3.7% (Revised 18/7/14)

Alliance Bank - 3.15%, 3.2%, 3.25% and 3.3% (Revised 21/7/14). FD Gold 12 months 3.40% (Interest paid monthly).

AmBank - 3.15, 3.2%, 3.25% and 3.35% (Revised 18/7/14)

Citibank - 2.95%, 3.10%, 3.10% and 3.20% (Revised 17/7/14)

CIMB Bank - 3.15%, 3.2%, 3.25% and 3.30% (Revised down 7/10/14)

Hong Leong Bank - 3.05%, 3.1%, 3.2% and 3.30% (Revised 16/7/14)

HSBC Bank - 2.90%, 3.10%, 3.15% and 3.25% (Revised 16/7/14)

Maybank - 3.15%, 3.20%, 3.25% and 3.30% (Revised 16/7/14)

OCBC Bank - 2.75%, 2.85%, 2.9% and 3.05%

RHB Bank - 3.15%, 3.20%, 3.25% and 3.45% (Revised 18/7/14)

Public Bank - 3.15%, 3.20%, 3.30% and 3.35%. PB Golden 50 Plus 12 months 3.45% (Revised 16/7/14)

Standard Chartered Bank - 2.95%, 3.10%, 3.15% and 3.25% (Revised 23/7/14)

UOB Bank - 3.05%, 3.10%, 3.10% and 3.30% (Revised 18/7/14)

Fixed / Time Deposit and Savings Account Promotions April, May, June and July 2015.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

ALLIANCE BANK - Valid until 31 May April 2015.

Check with them if they are still offering FD Gold 4.2% for 12 months tenure. Minimum RM30K and for those above age 40 only.

For those who are into online banking, Alliance Bank offering 4.1% for 12 months - extended until 31 May 2015.

*
CIMB - Valid until 31 May 2015.

3 months 3.9%
12 months 4.2%

*
HONG LEONG BANK Islamic- Valid until 31 May

*
HONG LEONG BANK - Valid until 30 June. Contributed by cybpsych

3-month @ 3.80% p.a. (3.85% p.a. for Priority Banking), min. RM10k fresh fund

[right][snapback]73952489[/snapback][/right]

QUOTE(michaelho @ Apr 21 2015, 09:52 PM)

HLB Promo for Priority Customers - min 50K (source : Received call from RM)

6mth - 4.18% pa

ends 30 June 2015
[right][snapback]74046644[/snapback][/right]

*
MACH by HLB - MACH 4% for their 9 Months FD online interest rates.

*

OCBC BANK - Minimum Fresh Fund RM5K. Valid until 31 July 2015.

6 months - 4.0% NO stupid CASA thingy.
12 months - 4.2% NO stupid CASA thingy.

UOB BANK - Minimum Fresh Fund RM10K. Valid until 30 June 2015.
No Stupid CASA Requirements, No Step Up Rubbish and No need to have Savings or Current Account!

3 Months - 3.85% NO stupid CASA thingy.
6 Months - 4.05% NO stupid CASA thingy.
12 Months - 4.2% NO stupid CASA thingy.

*

PUBLIC BANK - 2 Step Up Promos until 30 June 2015.
Please read the fine prints and understand them and do not complainif you get lower interest rates for subsequent rool over. However if the interest rate goes up, you'll be happy.

*

BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.

Thanks to all members who highlighted that deposit more than RM5K with BR is now eligible for monthly dividend. However, please note that many members here reported that their monthly dividends were not be credited monthly but they have to call up BR staff to have it done manually every month!!!
Special thanks to bbgoat for reporting the tenure to be eligible for monthly dividend:

QUOTE(bbgoat @ Apr 16 2014, 06:45 PM)

Was in BR again today. Asked the question. For monthly interest the FD has to be min 6 months.
[right][snapback]67549482[/snapback][/right]

Maybank Islamic MasterCard Ikhwan Platinum/Gold

Gen-X — Thu, 30 Oct 2014 12:18:18 +0800

Maybank Islamic MasterCard Ikhwan Gold and Platinum Card

Thanks to Grand Master Sifu MilesAndMore who taught me about the benefits of the Maybank Islamic MasterCard Ikhwan Platinum/Gold Card.

Benefits:

1. FREE FOR LIFE

2. 5% Cash Back for Petrol and Groceries on Fridays and Saturdays. Capped at RM50/month for Principal only.

3. TreatsPoints. Every RM1 spend locally and overseas earn 1 Treatspoints

4.Umrah Trip. One weekly Umrah winner (package for 2pax) will be selected to win an Umrah package (for Muslims) or holiday package (for non-Musilms) - non exchangeable / transferable. Every RM200 retail spending in one single receipt entitle for 1x entry. Campaign starts 1st August 2014 and ongoing. Winner selection will be done every six (6) months.

The Maybank Islamic MasterCard Ikhwan Gold and Platinum Card is great to compliment the Maybankard 2 Cards. And with these two fantastic Maybank cards, we can now earn up to RM100 per month in Cash Back for Petrol, Groceries plus other type of transactions.

Click here to read my short review of the Maybank Islamic MasterCard Ikhwan Card.

Click here to my article titled The Best Cash Back Credit Cards Combination and see how other credit cards can earn you more cash back to compliment the Maybankard 2 Card and Maybank Islamic MasterCard Ikhwan Cards.

Fixed Deposit Rates in Malaysia V7

Gen-X — Sat, 06 Sep 2014 01:10:14 +0800

Previous Threads

Original FD Thread
Fixed Deposit Rates in Malaysia V2
Fixed Deposits Rates in Malaysia V3
Fixed Deposit Rates in Malaysia V4
Fixed Deposits Rates in Malaysia V5
Fixed Deposits Rates in Malaysia V6.1

Note: Please refer to Post#2 for latest FD Promos by BoomChaCha

Notice / Disclaimer:-
Call & Visit the respective banks for confirmation & latest promotion.
We are not liable to any misinformation which might cause any financial or opportunity loss (which include FD rates & any others information).

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 18 July 2014.

Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.25%, 3.3%, 3.40% and 3.7% (Revised 18/7/14)

Alliance Bank - 3.15%, 3.2%, 3.25% and 3.3% (Revised 21/7/14). FD Gold 12 months 3.40% (Interest paid monthly).

AmBank - 3.15, 3.2%, 3.25% and 3.35% (Revised 18/7/14)

Citibank - 2.95%, 3.10%, 3.10% and 3.20% (Revised 17/7/14)

CIMB Bank - 3.15%, 3.2%, 3.25% and 3.30% (Revised down 7/10/14)

Hong Leong Bank - 3.05%, 3.1%, 3.2% and 3.30% (Revised 16/7/14)

HSBC Bank - 2.90%, 3.10%, 3.15% and 3.25% (Revised 16/7/14)

Maybank - 3.15%, 3.20%, 3.25% and 3.30% (Revised 16/7/14)

OCBC Bank - 2.75%, 2.85%, 2.9% and 3.05%

RHB Bank - 3.15%, 3.20%, 3.25% and 3.45% (Revised 18/7/14)

Public Bank - 3.15%, 3.20%, 3.30% and 3.35%. PB Golden 50 Plus 12 months 3.45% (Revised 16/7/14)

Standard Chartered Bank - 2.95%, 3.10%, 3.15% and 3.25% (Revised 23/7/14)

UOB Bank - 3.05%, 3.10%, 3.10% and 3.30% (Revised 18/7/14)

Fixed / Time Deposit and Savings Account Promotions 2014
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

ALLIANCE BANK - valid until 31 December 2014.

For those of you above 40 years young, Alliance Bank is offering 4.1% for their FD Gold with minimum fresh fund RM30K.

Please note that the definition of Fresh Fund for Alliance eFD promo - contributed by kyenli

AFFIN BANK - contributed by Ramjade

QUOTE(Ramjade @ Nov 11 2014, 06:40 PM)

Affin bank CNY Promo min Rm10k until April 2015
1) 4.18% for 15 months casa 15% of money of FD
2) 4.28% for 18 months casa 10% of money of FD
3) 4.38% for 24 months no casa. Just normal account for them to deposit interest
(opening account Rm100)
[right][snapback]71392758[/snapback][/right]

*

HONG LEONG BANK

4.08% for 12 months

HLB Junior FD - 4.15% for 24 Months Tenure

*

MACH by HLB - MACH 3.85% for their 12 Months FD online interest rates

OCBC BANK - Minimum RM10K. Promo until 31 March 2015.

3 mth 3.8%,
6 mth 4%

UOB BANK - Until 28 February 2015

No Stupid CASA Requirements, No Step Up Rubbish and No need to have Savings or Cuurent Account!

Minimum RM10K Fresh Fund

3 Months - 3.85%

12 Months 4.10%

Christmas FD Promo until 24 Dece 2014 - Minimum Fresh Fund RM50K

6 Months 4%

12 Months -4.2%

*
RHB BANK - 1st reported and subsequent revisions by bbgoat and top secret brochure/image by dagdag1

QUOTE(bbgoat @ Dec 16 2014, 10:16 AM)

Just received info from RHB Bank manager that HQ informed them that the 6/9 mth FD promotion min placement has been reduced from 50k to 10k. The rates are as before at 4%/4.15% respectively. It will end by end of Dec.
[right][snapback]71999743[/snapback][/right]

*

PUBLIC BANK - 12 Months Step Up FD. Effective 27 October 2014 until February 2015. - First reported by cklimm

*

BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.

Thanks to all members who highlighted that deposit more than RM5K with BR is now eligible for monthly dividend. However, please note that many members here reported that their monthly dividends were not be credited monthly but they have to call up BR staff to have it done manually every month!!!
Special thanks to bbgoat for reporting the tenure to be eligible for monthly dividend:

QUOTE(bbgoat @ Apr 16 2014, 06:45 PM)

Was in BR again today. Asked the question. For monthly interest the FD has to be min 6 months.
[right][snapback]67549482[/snapback][/right]

**

For more Fixed Deposit Promotions and my comments on them, please click here to my FD Page.

If you are new to Fixed Deposit or even a serious FD fan, click here to my article Get More FREE MONEY With The Right Fixed Deposit Promotions.

FDMCGC - Fixed Deposit Musical Chair Gamers Club

» Click to show Spoiler - click again to hide... «

FRMONBWFDP - Freaking Rich Members Or Not Bothered With FD Promotions but contributors to FD Thread

» Click to show Spoiler - click again to hide... «

Fixed Deposit Rates in Malaysia V6.1

Thu, 01 Jan 1970 07:30:00 +0800

Fixed Deposit Rates in Malaysia V6.1

Gen-X — Sat, 12 Apr 2014 09:59:03 +0800

Previous Threads

Original FD Thread
Fixed Deposit Rates in Malaysia V2
Fixed Deposits Rates in Malaysia V3
Fixed Deposit Rates in Malaysia V4
Fixed Deposits Rates in Malaysia V5

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 16 July 2014.

Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.25%, 3.3%, 3.40% and 3.7% (Revised 18/7/14)

Alliance Bank - 3.15%, 3.2%, 3.25% and 3.3% (Revised 21/7/14). FD Gold 12 months 3.40% (Interest paid monthly).

AmBank - 3.15, 3.2%, 3.25% and 3.35% (Revised 18/7/14)

Citibank - 2.95%, 3.10%, 3.10% and 3.20% (Revised 17/7/14)

CIMB Bank - 3.25%, 3.30%, 3.35% and 3.40% (Revised 16/7/14)

Hong Leong Bank - 3.05%, 3.1%, 3.2% and 3.30% (Revised 16/7/14)

HSBC Bank - 2.90%, 3.10%, 3.15% and 3.25% (Revised 16/7/14)

Maybank - 3.15%, 3.20%, 3.25% and 3.30% (Revised 16/7/14)

OCBC Bank - 2.75%, 2.85%, 2.9% and 3.05%

RHB Bank - 3.15%, 3.20%, 3.25% and 3.45% (Revised 18/7/14)

Public Bank - 3.15%, 3.20%, 3.30% and 3.35%. PB Golden 50 Plus 12 months 3.45% (Revised 16/7/14)

Standard Chartered Bank - 2.95%, 3.10%, 3.15% and 3.25% (Revised 23/7/14)

UOB Bank - 3.05%, 3.10%, 3.10% and 3.30% (Revised 18/7/14)

Fixed / Time Deposit and Savings Account Promotions 2014
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

AmBANK - Valid until 19 September 2014.

HONG LEONG BANK

15 Months - 4% with 10% into CASA

12 Months - 3.85% with 10% into CASA

CASA amount to be earmarked for 6 months.

*

MACH by HLB - MACH revised up their online interest rates for FD effective 16/7/2014 and they are now as competitive as Affin Bank.

OCBC BANK - Minimum RM10K. Promo ends 31st July 2014. Please call OCBC for latest promos.

Fresh Funds Options

Option 1 (REVISED IN JUNE) - 18 Months Tenure. First 12 months 3.6% and remaining 6 months 4%.

Option 2 - 12 Months 3.65% Islamic Banking "FD". No need to worry about stupid CASA thingy.

Option 3 - 3 Month 4.3% But you go to place equal amount in CASA. If you are new to OCBC Combo FD Savings Deal, please click here to my blog and read my comments.

Existing Funds - No need stupid CASA thingy.

3 Months - 3.2%
12 Months 3.4%

UOB BANK - Please call UOB for latest promos.

QUOTE(BoomChaCha @ Sep 2 2014, 02:05 PM)

UOB FD Promo - Effective from 2 Sept until 30 Nov[/u]

(1) 3 Months - 3.7% and 4.00%
   (i) 3.7%, 8% in CASA. This means 92% in FD, 8% in CASA and hold for 3 months.
   (ii) 4.00%, 30% in CASA and hold for 3 months.

(2) 6 Months - 3.75% pure FD (was 3.7%)

(3) 13 months - 3.95% (was 3.9%), FD interest will deposit to saving account every 6 months.
   Open a saving account requires min RM 2K, but can withdraw it during the second day.
[right][snapback]70130677[/snapback][/right]

PUBLIC BANK ISLAMIC - 9 Months Step Up FD. Rates revised 1st July 2014. Valid until 30 September 2014

Public Bank Islamic has a Step Up FD without the stupid CASA requirement.

Maybank

*

BANK RAKYAT - NOT Eligible for PIDM

If you are willing to go deposit with a non PIDM member, then check out Bank Rakyat Deposit Account -i which is based on Islamic Principles and like all Islamic banks' products, the profit rate cannot be guaranteed.

Thanks to all members who highlighted that deposit more than RM5K with BR is now eligible for monthly dividend. However, please note that many members here reported that their monthly dividends were not be credited monthly but they have to call up BR staff to have it done manually every month!!!
Special thanks to bbgoat for reporting the tenure to be eligible for monthly dividend:

QUOTE(bbgoat @ Apr 16 2014, 06:45 PM)

Was in BR again today. Asked the question. For monthly interest the FD has to be min 6 months.
[right][snapback]67549482[/snapback][/right]

Important dates in regard to possible interest rate changes:

QUOTE(BoomChaCha @ Apr 22 2014, 02:13 AM)

Bank Negara MPC Meeting Schedules 2014

3rd --- 08 May 2014 (Thursday)
4th --- 10 July 2014 (Thursday)
5th --- 18 Sep 2014 (Thursday)
6th --- 06 Nov 2014 (Thursday)

Source:
http://www.bnm.gov.my/index.php?ch=mone&pg=mone_mpc&lang=en
[right][snapback]67647924[/snapback][/right]

Fantastic compilation by BoomChaCha

QUOTE(BoomChaCha @ Aug 22 2014, 11:55 PM)

Thank You

Best 1 Month
(1) Affin 3.25% - by michaelho
(2) CIMB 3.25% - by michaelho
(3) Mach 3.15%

Mach FD Rates
https://www.machbyhongleongbank.com/mach-fixed-deposit

Best 3 Months
(1) OCBC, 4.5% + 3.0% (Premier Save Gold) = approximately 3.75% effective rate, valid until 30 Nov

(2) OCBC, 4.5% + 2.9% (Smart Saver) = approximately 3.7% effective rate, valid until 30 Nov
*ocbc Fd + smart saver applies to new smart saver or dormant account holders only. Those with previous FD + smart saver package when mature are not allowed to take up this package. - by gsc

(3) OCBC Islamic 3.55%, valid until 30 Nov
(4) Am Bank 3.5%, valid until 19 September
(5) Mach 3.3%

Best 6 Months
(1) May Bank, 3+3, effective rate 3.73%, valid until 16 August.
(2) UOB, 3.7% pure FD, valid until 30 August
(3) Ambank 3.65%, valid until 19 September
(4) Ocbc Mederka promo at 3.75% (was 3.6%), pure FD, valid until 15 Sept - by gsc & munkeyflo
(5) RHB (3.48+3.68)/2= 3.58% with 5% FD in CASA – by gsc
(6) Mach 3.5%

Best 9 Months
(1) Am Bank 3.7%, valid until 19 September
(2) RHB (3.48+3.68 + 3.88)/3= 3.68% with 5% FD in CASA – by gsc

Best 12 Months
(1) OCBC Islamic 3.9%, pure FD, valid until 15 Sept or 30 Nov? – by gsc & munkeyflo
(2) RHB conventional RHB Islamic 3.88% pure FD – by gsc
(3) May Bank 3.85%, promo is tiered rate. Minimum 10k. One cheque one receipt - by munkeyflo
[attachmentid=4105225]

(4) Affin 4.10%, additional 20% fund in CASA, effective rate up to 3.85%, valid until 31 Dec 2014
(5) HLB 3.85%, Ends 31 Nov. T & C applies - by gsc (New added)
(6) RHB (3.48+3.68 + 3.88 + 4.08)/4 = 3.78% with 5% FD in CASA – by gsc
(7) Mach 3.6% - by FDInvestor

Best 13 Months
(1) UOB 3.9%, interest paid every 6 months, need RM 20 to open a SA, valid until 30 August - by X_hunter

Best 15 Months
(1) Affin pure FD, 4.05%, valid until 31 December
[attachmentid=4105229]

(2) RHB (3.48+3.68 + 3.88 + 4.08 + 5.38)/5 = 4.08% with 5% FD in CASA – by gsc

Best 24 Months - by munkeyflo
(1) OCBC, valid until 30 Nov
First 12 months @ 3.8%
Next 12 months @ 4.20%
(effective rate for 24 months @ 4%)

OCBC Existing Funds - valid until 30 Nov - by munkeyflo
3 months @ 3.3%
12 months @ 3.5%

Thanks so much to below Contributors:
munkeyflo
McFD2R
pinpinmiao
gsc
cybpscyh
kingofong
FDInvestor
michaelho
wil-i-am
X_hunter
HJebat
[right][snapback]69963002[/snapback][/right]

**

Last but not least, for more Fixed Deposit Promotions and my comments on them, please click here to my FD Page.

Recommendation for Credit Cards V2

Gen-X — Tue, 01 Oct 2013 18:18:22 +0800

Info for credit card newbies:

1. Minimum income requirement to qualify for a credit card is RM24,000 per annum (effective from 18th March 2011). You must be able to submit proof of your income.

2. Minimum age to qualify for a Principal credit card : 21 years old. Supplementary cardholders: at least 18 years old.

If you do not/cannot meet the above requirements, then you are not qualified for a credit card. You still can go get a debit card and enjoy the convenient similar to a credit card.

3. If you are a foreigner or your income is from overseas (e.g. you work in Singapore), please refer directly with the bank if you are eligible for their credit cards

4. There is no such thing as the best credit card, it depends on your needs and each card has its own benefits.

5. For those earning less than RM36K, your credit limit should be 2X your monthly income in accordance to BNM guidelines. For those earning more than RM36K, the credit limit assigned to you is entirely up to the bank. With BNM latest guidelines, banks are no longer allowed to increase a cardholder's credit limit without his/her consent.

6. There is a Government Service Tax of RM50 for each Principal Credit Card. If you apply for a credit card and the moment it is approved, you are responsible for the RM50 GST. So make sure you want the card before applying for it.

7. And the only thing that is of importance regarding credit cards is - DO NOT do apply for a credit card if you have no cash or savings to pay for your transactions. Credit card interest rate is very high and many go bankrupt because they have no discipline in controlling their spending. Always settle credit card bills in full monthly, never say just once, if you don't have money today in the bank to pay your credit card bills, what makes you think you will have enough money tomorrow to pay your credit card bills? DON"T be a slave to the banks.

8. If you cannot afford to pay the RM50 GST, GO GET A DEBIT CARD!

When choosing a credit card, below are things to consider

1. Free Lifetime Annual Fee - if the card does not come with automatic annual fee waiver, e.g. 12 swipes per year, then you have to waste time requesting for annual fee waiver yearly.

2. What is the main purpose of you getting a credit card? - Petrol, Cash Back/Rebate Only, Overseas Transactions, Golf, Installment Plans, Airport Lounge etc. Do some homework and you shall benefit from using the right credit card instead of grumbling over the miserable RM50 GST.

3. Convenience in making payment. You are to make payment before the Due Date or else you may be imposed Late Penalty Fee and Interest Charges.

For Recommendation - please post according to format in Post#2 below.

Actions required after you get your first credit card.

1. Read the Terms and Conditions of your credit card.

2. CLICK HERE and read this thread so that you won't be conned.

3. Call Customer Service (number behind your card) and request that your credit card sms alert default value to be set to RM1. Click here to the relevant thread.

4. Click here to read my article Credit Card Fraud Calls and Banks Default Value for SMS Alert in order to reinforce into your head so that you won't be conned.

Gen-X's recommendation for those new to credit cards:

Annual Income RM24K/year to RM30K/year.

UOB One Card - good for Petrol as it earns you 5% cash back for all stations. However the cash back is capped at RM15/month, i.e. up to RM300 petrol. And if you pump at BHP, you get to earn SMART$ too PLUS BHP points.
Click here to UOB Thread for further info or click here to read my review of the UOB One Card.

MACH by HLB - from the very start you need to choose the right package based on your spending pattern. It earns you 10% cash back for movies or 5% cash back for dining.
Click here to MACH Thread for further info or click here to read my review of the MACH by Hong Leong Bank.

To see more credit cards where the eligible income starts at RM24K/year - click here to read my article on Entry Level Credit Cards.

Minimum Annual Income RM30K/year.

FREE FOR LIFE Maybankard 2 Cards. This is a combo package where you are issued an American Express and you can decide to partner it with either a Visa or MasterCard. The MBB 2 AMEX earns you 5X Treats Points everyday for any transactions which is like approximately 2.5% cash back when redeeming for cash vouchers AND best of all it also earns you 5% cash back on Saturdays and Sundays.
Click here to MBB 2 Cards V7 Thread for more info or click here to read my review of the Maybankard 2 Gold and Platinum Cards.

In my opinion, the Maybankard 2 AMEX is truly good for local transactions since we earn 5X Treats Points which are evergreen. For overseas, please bear in mind that the conversion rate is high (go read MBB 2 Thread Post#2 FAQ).

Note: if you can't wait tilll Saturday or Sunday to pump petrol, consider getting the UOB One Card. Also this free up the 5% cash back for the MBB2 AMEX on weekends for other types of expenses. And as of December 2012, Petronas stations accept AMEX

OTHER RELATED LINKS

If you are looking for Premier Credit Cards with good Enrich redemption and other goodies - click here to Maybank 2 Cards Premier Thread.

If you are looking for a credit card purely for petrol, go to Petrol Thread by clicking here.

If you are looking for a credit card for free access to KLIA and LCCT Plaza Premium airport lounge click here to that thread.

If you are into Enrich Miles for FREE air tickets, click here to Enrich Miles Thread and see which is the best card for converting points to Enrich Miles.

If you are looking for 0% Balance Transfer, click here to BT Thread. And if you are new to Balance Transfer, please click here to read my article Balance Transfer Plans - Facts You Need To Know before signing up for one.

If you are looking for cards that offers 0% installment plans, Maybank credit cards are accepted at many merchants where you can opt for Ezy Pay starting from 6 months and up to 36 months. However, once again, if you don't have savings please do not sign up for 0% Installment Plans because you will be in debt. And I advise you to go for shorter period. Click here to read my article 0% Installment Plans - It IS A Trap.

If you are only interested in cash back cards, click here to my Cash Back Credit Card Page at my blog where I have listed cards offering cash back and also a table comparing them.

If you are an Insurance Agent or spend up to RM5K per month at places that do not accept American Express, look into Alliance Platinum Credit Card where you can earn up to 2% cash back (approximately RM68/month with RM5K spending) PLUS reward points too.

And if you must know what is the best credit card for local and overseas transactions, click here to my article titled The Best Top 10 Credit Cards in Malaysia - Ultimate Showdown 2015.

Last but not least, if you are new to credit cards please visit my Credit Card Tutorial Page by clicking here. I have designed a series of articles for you, after completing the FREE tuition, you'll be an expert on credit cards

Fixed Deposit Rates in Malaysia V4

Gen-X — Sun, 03 Mar 2013 18:18:20 +0800

Click here to Original FD Rate Thread.
Click here to Fixed Deposit Rates in Malaysia V2 Thread
Click here to Fixed Deposit Rates in Malaysia V3 Thread

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 1st March 2013.
Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.05%, 3.1%, 3.25% and 3.6%
Alliance Bank - 3%, 3%, 3.1% and 3.25%. FD Gold 12 months 3.3% (Interest paid monthly).
AmBank - 2.95%, 3%, 3.1% and 3.15. Am50Plus 12 mths 3.25% (Interest paid monthly, FREE PA).
Citibank - 2.8%, 2.9%, 2.9% and 3.05%
CIMB Bank - 3%, 3.05%, 3.1% and 3.15%
Hong Leong Bank - 2.9%, 2.95%, 2.95% and 3.1%
HSBC Bank - 2.75%, 3%, 3% and 3.15%
Maybank - 3%, 3.05%, 3.1% and 3.15%
OCBC Bank - 2.75%, 2.85%, 2.85% and 3.05%
RHB Bank - 3%, 3.05%, 3.1% and 3.2%.
Public Bank - 3%, 3.05%, 3.1% and 3.15%. PB Golden 50 Plus 12 months 3.25%.
Standard Chartered Bank - 2.75%, 2.9%, 2.9% and 3.05%
UOB Bank - 2.9%, 2.95%, 2.95% and 3.10%

Fixed / Time Deposit and Savings Account Promotions 2013.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

OCBC Bank FD Promo - Note: Promo Ends 10 September instead of 30th Septmeber
(Note: Special thanks to gsc for highlighting promotion date brought forward to 10/9/2013)

OCBC 3.7% 13 months Joint Account Promo

» Click to show Spoiler - click again to hide... «

*

UOB Bank Latest Fixed Deposit Promotion Rates - Minimum RM10K.

QUOTE(BoomChaCha @ Sep 2 2013, 11:25 AM)

UOB FD 3 Months Promo - Effective from 2 September to 30 September 2013

3.3% for 3 months tenure
95% of fund put in FD, 5% of fund put in CASA
Minimum deposit: RM 10K
[right][snapback]62901580[/snapback][/right]

*

Hong Leong Bank
Note: This promo suppose to end 31 October 2013 but can't seem to find it in HLB website.

3.3% for 3 Months but 5% equivalent to FD Amount to be earmarked 3 months in CASA.

MACH by Hong Leong Bank (Online Banking) - up to 3.4% for 12 months FD. Contributed by BoomChaCha

Special Promo for Gurney MACH contributed by gsc

QUOTE(gsc @ Sep 3 2013, 06:55 PM)

MACH Gurney Paragon Penang, 1st Mach in Penang 3.55% for 3 months , minimum rm10k, end Oct
[right][snapback]62940218[/snapback][/right]

Hong Leong Islamic Bank Promotion until 31 October 2013

6 Months - 3.3%
9 Months - 3.4%
12 Months - 3.5%

*

Kuwait Finance House -

And if you got children below age 18, you are eligible for their 3.98% "FD" Promo called Junior International Murabahah Deposit i. You will need to open a CASA account to deposit the "profit" (interest). Call them on what documents (e.g. birth cert) to bring before going to the branch. (Note: Special thanks to bbgoat for re-highlighting this promo during discussions)

Public Bank Super FD - Go read post#790 onwards or else you'll might regret once you deposit with this so call Super FD.

AMBANK 9 Months FD Promo - 3.55% - Ends 30 September 2013. Contributed by many regulars here.

Other Similar FD Accounts - Bank Rakyat Qiradh General Investment Account-i. For those who want "interest rates" that are higher than FD Promo interest rates offered by commercial banks.

To read my comments and see more FD promos click >>> Malaysia Latest Fixed Deposit Board and Promotion Interest Rates by Major Commercial and Foreign Banks.

To learn more on The Best and Highest Paying Savings Account in Malaysia for Adult, Kid, Parent and Grandpa click >> The Best Savings Accounts in Malaysia

Click here to read my article titled Australia Education, Term Deposit, Savings Account and Credit Card Interest Rates In this article I have tables of interest rates from several banks in Australia and also a Table for UOB, OCBC and RHB Foreign Currecny Time Deposit Interest Rates.

Click here to read my article Premier Priority Privilege Banking Accounts. This updated revised article now include comments for OCBC Premier and StanChart Priority Banking Account.

Banker's Cheque Fee purely for FD Upliftment/Withdrawal (Do not combine with other accounts, i.e. Savings Account)
Affin - FREE
Alliance - FREE
AmBank - RM2.15
Bank Rakyat - FREE
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
MBSB - FREE
OCBC - FREE
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 (in Penang) or RM2.15 (in Klang Valley!!!???) Conflicting reports.

Maybankard 2 Gold & Platinum Cards V6

Gen-X — Tue, 25 Dec 2012 01:18:19 +0800

Firstly, fantastic news for Maybankard 2 Amex cardholders - 2012 Christmas Gift.

1. The MBB 2 AMEX is now accepted at Petronas Pump Stations Proud to say that yours truly was the first to report it here at LYN.
2. Uniqlo 1U accepts AMEX First reported by BRY7
3. TNB Shah Alam Section 11 accept AMEX First reported by rap7733
4. Tokio Marine Insurance accepts AMEX.
5. KDU, USCI Education, Manipal International U and University Tun Abdul Razak accepts AMEX.

Now the bad news for 2013.

Effective 1st January 2013 - All transactions relating to government, insurance and education will only earn 2X TP with the Maybankard 2 American Express This means our assessments bills in 2013 will only earn us 2X Treats Points with the Maybankard 2 AMEX But if we plan properly, we still can earn 5% cash back on weekends

Previous Threads

Click here to read Maybankard 2 Cards V1 Thread.
Click here to read Maybankard 2 Cards V2 Thread.
Click here to read Maybankard 2 Cards V3 Thread.
Click here to read Maybankard 2 Cards V4 Thread.
Click here to read Maybankard 2 Cards V5 Thread.

Click here to go to Maybank's website.
Click here to go to American Express Website.

Gold: Minimum annual income:RM30,000
Platinum: Minimum annual income:RM60,000

Benefits

1. The benefits of two cards, Maybankard 2 American Express® Card and Maybankard 2 MasterCard or Visa Card, in one sign up, one service tax, and one statement.
2. Enjoy a low Finance Charge of 8.88% p.a. on your outstanding retail balance.
3. 5x TreatsPoints for every Ringgit spent on Maybankard 2 American Express Card and 1x TreatsPoint on Maybankard 2 Mastercard/Visa Card in Malaysia or anywhere else in the world.
4. 5% Weekend cash back when spend on Maybankard 2 American Express Card capped at RM50 per customer (including Supp Cardmember) per month.
5. Lifetime Fee Waiver with complimentary supplementary cards.

Additional Benefits with Platinum Card.
6. Travel Insurance Coverage - Charge your travel fares to the card to enjoy complimentary Accidental Death and Disablement coverage of up to RM1,000,000, as well as Travel Inconvenience coverage for missed connections, luggage delay and luggage loss. Subject to terms & conditions of the Certificate of Insurance.
7. Retail Protection - Purchase protection of up to RM20,000 per item and up to RM150,000 per card account per calendar year. Return Guarantee exchange or refund of up to 90days (Maximum RM1,500 per item on purchase price, up to a maximum of RM6,000 per card account per calendar year). Extended Warranty of up to Rm15,000 per item (Up to RM48,000 per card account per calendar year.). Subject to terms & conditions of the Certificate of Insurance.
8. Golf Privilege - Complimentary golf at selected golf courses around Malaysia.

Who can apply?

* Principal cardholders: those between 21 to 65 years old
* Supplementary cardholders: at least 18 years old

Required Documents - Please include the following with your application form:

* Copy of NRIC (both sides) or Passport, including that of supplementary applicant's
* Latest BE form with official tax receipt
* Latest 3 months' salary slips
* Latest 3 months' savings account activity/current account statements

If you are self-employed:

* Copies of Business Registration
* Latest 3 months' Bank Statements

If you are an expatriate:

* Letter from employer confirming duration of employment contract in Malaysia. Note: You must be a Maybank account holder.

Click here to download Maybankard 2 Cards Application Form.

Ways to apply for the Maybankard 2 Cards:

1. Go to branch and fill in application form and submit it there.
2. Download application form and fax to 03-2282 0373.
3. By email to amexcards@maybank.com.my (better you call MBB Customer Service to confirm address)
4. Call Maybank or American Express Customer Service if you are a current Maybank credit card holder.

But the simplest and fastest method to get the Maybankard 2 Cards is by visiting a Maybankard Centre at 1U, The Gardens or KLCC where your application will be process within an hour or so. Click here to read my article on it. Please note, it is Maybankard Centre and NOT Maybank Branch.

If you need further clarifications (e.g. what documents to bring along) on the 1 hour approval at 1U Card Centre, you may contact them at number below. Contact Info contributed by Human Nature.

Maybankard Centre at 1 Utama
Lot G-341B, New Wing, 1 Utama Shopping Center, Petaling Jaya, Selangor
03-7728 5451

You can check your Maybankard 2 Cards transactions online with Maybank2U.com

If you do not have a Current or Savings Account with Maybank but you want a Maybank2U online account to check your Maybankard 2 Cards transactions, you need to go to a Maybank branch to get it done. Better that you inform the officer that you want the Maybankard 2 Visa or MasterCard as the main account and add your Maybankard 2 Amex to it. However if you want your Maybankard 2 Amex to be the main card for the account, when you first log in to register username add 0 to the 15 digits of your Amex card. Maybank2U for Maybank Credit Cards - You Don't Need To Have A Maybank Current or Savings Account.

However, if you are new to credit cards, I strongly recommend that you DO NOT opt for the paperless option (i.e. receive our monthly statements online) until you familiarize yourself with Statement Balance, Outstanding Balance, Minimum Payment and Payment Due Date.

Other Related Threads in this Forum:

Places That Accept AMEX Thread

American Express® Cards v3

Click here to Pumping Petrol with your CC Thread.

Want to know if the Maybankard 2 American Express Treats Points good for converting to Enrich Miles? Click here and read this thread or click here to my article at my main blog.

Click here to Suspicious Telephone Call Thread. Recommended that you read Post#1 and #11 at the very least. Do Not release any info relating to your credit cards (i.e. expiry date and CCV number) even if the person knows your name and card number.

Other Related Links.

Click here to read my review on Maybankard 2 Cards where it includes a brief comparison between Maybankard 2 Amex versus OCBC Titanium MasterCard.

Click here to see brief comparison between Maybankard 2 American Express vs. HSBC Visa Signature.

Click here to see brief comparison between Maybankard 2 American Express vs. Citibank Platinum Cash Back credit card.

Those who are interested in converting your Treats Points to Enrich Mile. I did a comparison between Maybankard 2 Amex and Maybakard Visa Infinite.Click here to read my article New Toshiba i5 4GB ATI Radeon for RM999 with Maybankard On The Spot Redemption and Enrich Miles Redemption

Click here to my article MACH by Hong Leong Bank - First Look where I have a table comparing the cash back of Maybankard 2 Cards versus MACH, UOB One Card, Citibank Cash Back Platinum and OCBC Titanium MasterCard. Use the table as a guide to determine which card earns you the most cash back based on your own expenses.

For Step by Step Instructions on how to book a room with your Maybank Visa or MasterCard with Agoda.com to enjoy extra 6% discount (in 2012 unless extended), click here to read my article titled My Credit Cards offers Exclusive Discount for Agoda Online Hotel Room Reservations. Also read Post#3 is you are thinking of booking your room with Agoda using your MBB 2 AMEX.

For those of you who uses Maybank2U to pay your Maybank credit card bills, utilities bills, Local Council Assessments/Taxes and etc, you should look into getting the Maybank2U Savers Account (if you have not) because it earns you interest daily and credited into the account monthly. Click here to read my article My Maybankard Platinum Debit Card for My Maybank Credit Cards.

The Maybankard 2 AMEX can be used to pay our Unifi and other bills via Maybank2U.com, to learn more click here to my article Maybankard 2 AMEX for Paying Bills Online with M2U and for TNB with Express Autopay.

Want to know what ranking I gave to Maybankard 2 Cards? Click here to to my article titled The Best Top 10 Credit Cards in Malaysia.

Malaysia Airline Enrich Miles

Gen-X — Wed, 19 Dec 2012 23:18:11 +0800

Latest News

Click here to my main blog to read my article Important Announcement - Maybank Credit Cards and Enrich Miles Conversion.

Enrich Miles Up To 50% Discount Effective 16 Feb 2015 until 13 March 2015, link posted by shahr04360.

QUOTE(shahr04360 @ Feb 15 2015, 03:19 AM)

The offer seems up here...
[right][snapback]73014474[/snapback][/right]

*********************************************

Cash Back credit cards are great especially those rewarding us with 5% cash rebate but most of them have a monthly cap. And if we have credit cards that reward us 5X points for every ringgit spend, besides redeeming for cash vouchers, we can consider redeeming our reward points for "FREE" air ticket especially when Malaysia Airline has a promotion on Enrich Miles. However, you are still required to pay for airport taxes and whatever fees.

So first I will start off with cards that reward us 5X points for more.

Cards that earn you 5X points or more for Local Transactions:

1. Maybankard 2 American Express - 5X Teats Points everyday for any type of transactions.
2. Maybankard Petronas Visa - 5X to 8X Treats Points for Petrol and Groceries.
3. American Express Gold Credit Card (without Maybankard Logo) - 5X Membership Reward points for selected transactions, i.e. Petrol, Groceries, Cathay Cineplex, GSC and Bookstores.
4. American Express Platinum Credit Card and Platinum Charge Card (both without Maybank Logo) - 5X Membership Reward points for selected transactions, i.e. Petrol, Groceries, Cathay Cineplex, GSC and Bookstores and 10X Membership Reward points with Platinum Partners.
5. HSBC limited time promotion for their Visa Signature or Premier World MasterCard - 5X at selected merchants/shopping mall (not a standard card feature but limited time promotion with T&C).

Cards that earn you 5X points or more for Overseas Transactions:

1. Maybankard 2 American Express (but be-warned, the conversion rate is minimum 2.5%, please read T&C).
2. Maybank Visa Infinite - 5X Treats Points.
3. Alliance Bank Visa infinite - 5X Timeless Bonus Points.
4. Standard Chartered Bank Visa Infinite - 5x reward points.
5.UOB Visa Infinite - 5X UniRinggit with every Ringgit spend.
6. HSBC Visa Signature and Premier World MasterCard - 10X reward points for hotel and dining with T&C including monthly cap.

And the best credit card to earn you Enrich Miles from both LOCAL and overseas spending is with the Maybank 2 Cards Premier American Express Reserve.

Click here to read my article titled Maybank 2 Cards Premier - Comprehensive Review of The No.1 Best Credit Card in Malaysla and Possibly The World too. Spend RM0.90 anywhere on earth with it and you will earn yourself 1 Enrich Mile or Kris Flyer Mile.

Did I miss out any cards offered by commercial banks offering 5X points for every Ringgit spend? Do post if I did and I will update above when I am free.

And then there are cards that earns you Enrich Miles instead of reward points with your spending:

1. Maybank World MasterCard - 1 Enrich Mile for every RM2 spent locally and RM1 spend overseas.
2. CIMB Enrich World MasterCard and Platinum MasterCard - 1.5 Enrich Mile for every RM6 spent locally and 2 Enrich Mile for every RM4 spent overseas. And for every RM1 spend with Malaysia Airline Online Purchase, you earn 1 Enrich Mile.

Now comes the conversion in term of Ringgit Spend in ascending order:

1. Maybank Visa Infinite and Maybank AMEX RESERVE - 4500 Treats Points = 1000 Enrich Mile. So with 5XTP for overseas, it works out to be RM0.90 spend = 1 Enrich Mile.

2. Maybank World MasterCard - 1 Enrich Mile for every RM2 spent locally and RM1 spend overseas.

3. American Express (without Maybank Logo) - 5600 Membership Reward points = 1000 Airmiles. So with 5X MR for selected local trasactions, it works out to RM1.12 spend = 1 Enrich Mile.

4. UOB Visa Infinite - 6000 UniRinggit = 1000 Enrich Miles. So with 5X UniRiggit for overseas, it works out to RM1.20 spend = 1 Enrich Mile.

4. Alliance Bank - 6000 Timeless Bonus Points = 1000 Enrich Miles. So with 5X TBP for overseas, it works out to be RM1.20 spend = 1 Enrich Mile.

6. Maybankard 2 Cards and Petronas Visa - 10,000 Treats Points = 1000 Enrich Mile (Effective 1 March 2015). So with RM1 = 5XTP, it works out to RM2 spent = 1 Enrich Mile.

7. CIMB Enrich WMC and Platinum works out to be RM4 spent locally and RM2 spend overseas = 1 Enrich Mile.

8. HSBC Visa Signature and World MasterCard - 3000 Reward Points = 1000 Enrich Mile (not necessary as T&C apply). So it works out to be RM3 spend = 1 Enrich Mile. And HSBC claims to have the best Enrich Miles conversion rate in town!!!! I did not take into consideration of the 5x and 10X Reward Point Promotion because it has a monthly cap besides the limited time offer.

9. Standard Chartered Bank Visa Infinite - 43,000 Points = 1000 Enrich Miles (as of 8th December 2012). So with 5X overseas, it works out to be RM8.60 spend = 1 Enrich Mile.

So from the above, it can be concluded:

for unlimited spending and for any type of transactions locally, the best is Maybank 2 Cards Premier AMEX RESERVE where by spending RM0.90 you earn 1 Enrich Mile. If one is unable to qualify for Premium CC, then the MBB 2 Cards AMEX is the best at RM2 spending = 1 EM.

for unlimited spending and for any type of transactions overseas, the best is Maybankard Visa Infinite and Maybank 2 Cards Premier AMEX RESERVE/Visa Infinite Combo where by spending RM0.90 you earn 1 Enrich Mile.

However, even with 5X Treats Points, it may not necessary means that redeeming for Enrich Miles is better in terms of cash value as compared to redeeming for cash vouchers. And we all know that Maybank offer the best value where we need the least points to redeem for cash vouchers as compared to other banks. You see, we still need to pay airport taxes and whatever other fees when we use our Enrich Miles to redeem for "FREE" air ticket with Malaysia Airlines. For example, it cost me RM1140 to redeem a return flight to Melbourne.

Click here to read my article New Toshiba i5 for RM999 with Maybankard On The Spot Redemption and Enrich Miles Redemption to get an idea if it is more worthwhile to redeem cash voucher or Enrich Miles.

So when is the best time you redeem your Enrich Miles? It's when Malaysia Airline is offering some kind of promotion.

And here are more tips for you:

1. For Maybank, we can simply call Customer Service to redeem our Treats Points to Enrich Miles and ususally it should be credited into our Enrich Account withing 7 days.
2. We can use our Enrich Miles in our account to redeem ticket online for our loved one. If you do it by phone via Enrich Customer Service, very troublesome, need to go to selected MA counter(s) and with a letter somemore.
3. We can convert out MBB Treats Points to Enrich Miles credited into anyone's Enrich Account by simply calling MBB Customer Service

UPDATE 10 April 2015

Ladies and gentlemen,

It gives me utmost pleasure to announce that I have just published my most comprehensive tutorial ever on how to fly Business Class for FREE from our credit card transactions.

With the recent inflated Enrich Miles and Maybank Treats Points Redemption Program, I thought I should do some research on how to optimize the returns from my credit cards. And every time I educate myself, you guys benefit from my hard work as I will share with you my findings.

If you take this tutorial of mine, you will learn that if you spend about RM2K per month, within 2 years you''ll be able to fly Business Class to London sooner than you would ever imagine.

All in all, there are 21 lessons plus a bonus lesson in my comprehensive tutorial on how one can get a “FREE” Business Class ticket from his/her credit cards usage.

Once again, this tutorial of mine is really comprehensive and since most of you are busy working on weekdays, it it best you take the tuition part time over the next few weekends when you are in a relax mode so that your brain can adsorb the materials presented.

Click here to read my Comprehensive Tutorial On Earning Enrich Miles with Credit Cards to start learning how you can fly Business Class for “FREE” starting this weekend - that is if you got time to waste reading and enjoy reading my freaking long articles.

NEW in February 2016 - in my article A Little Bit of This and A Little Bit Of That - Volume II, Chapter 1, I once again provided FREE lessons on Enrich Miles and Ways to redeem Business Class tickets:

I. Cost of transferring Enrich Miles from one account to another and cost to purchase Enrich Miles from Malaysia Airlines Berhad.

II. What options you have if you are short of Enrich Miles to Redeem in FULL for a Business Class Ticket.

III. What you must do first if you want to upgrade an Economy Class ticket to Business Class.

IV. Advantage of using Cash + Miles versus Upgrade Economy to Business Class.

V. Is it cheaper to upgrade an Economy Class ticket to Business Class using Enrich Miles OR Redeem in Full for a Business Class ticket.

VI. Enrich Miles Discount is also applicable to Cash + Miles.

Once again I proved that with the Maybank 2 Cards Premier 5X TP, we are getting equivalent UNLIMITED cash back of more than 10%.

Fixed Deposit Rates in Malaysia V3

Gen-X — Wed, 01 Aug 2012 14:18:57 +0800

Click here to Original FD Rate Thread.
Click here to Fixed Deposit Rates in Malaysia V2 Thread

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 1st July 2012.
Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.05%, 3.1%, 3.25% and 3.6%
Alliance Bank - 3%, 3%, 3.1% and 3.25%. FD Gold 12 months 3.3% (Interest paid monthly).
AmBank - 3%, 3%, 3.15% and 3.2%. Am50Plus 12 mths 3.25% (Interest paid monthly, FREE PA).
Citibank - 2.9%, 3.00%, 3.0% and 3.10%
CIMB Bank - 3%, 3.05%, 3.1% and 3.15%
Hong Leong Bank - 2.9%, 2.95%, 2.95% and 3.1%
HSBC Bank - 2.75%, 3%, 3% and 3.15%
Maybank - 3%, 3.05%, 3.1% and 3.15%
OCBC Bank - 2.85%, 2.95%, 3% and 3.10%
RHB Bank - 3%, 3.05%, 3.1% and 3.2%.
Public Bank - 3%, 3.05%, 3.1% and 3.15%. PB Golden 50 Plus 12 months 3.25%.
Standard Chartered Bank - 2.90%, 2.95%, 2.95% and 3.10%
UOB Bank - 2.9%, 2.95%, 2.95% and 3.10%

Fixed / Time Deposit and Savings Account Promotions 2013.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

Alliance Bank Step Up Promo until 31 January 2013.
Contributed by ronnie.

» Click to show Spoiler - click again to hide... «

Please note that you have to deposit 10% into CASA too when calculating the effective interest rate.
*

HSBC Amanah Term Deposit-i 5% Deposit Drive Promotion until 18 January 2013 for NEW Premier and Advance Accounts

One of the condition is that we must deposit 30% into Premier Account-i or Advance Account-i which pays miserable interest rate.

Click on link below to read my article on the HSBC Deposit Drive Promo where I touched on the T&C and calculated that the maximum effective interest rate for Premier Account is only 3.627%!!!

HSBC 5% Term Deposit i Promotion Until 18 January 2013

HSBC New Branch Opening Promo - Tabuan Jaya, Senawang, Cheng and Kubang Kerian/Kota Bahru Branches

Contributed by tbheng

QUOTE(tbheng @ Jun 25 2012, 02:01 PM)

I've just returned from HSBC Amanah Kota Damansara.
Took their new branch opening offers: 5% 3 month TD-i for non-premier category.
The requirements and process seems rather straight forward.

Required the following 2 products to be openned:
1. Term Deposit-i: min RM5k, max RM50k.
2. Amanah Advance Acct-i: min RM100.
(I have highlighted about the T&C said min RM500, the teller said RM100 is enough. RM500 is for Amanah Advance Acct-i alone.).
She said the TD-i slips will be ready when my cheque cleared. I requested her to mail it to me instead of collecting at branch.
I also requested for internet banking. It is FOC.
I was given a big golf umbrella and recycle bag as welcome gifts.

This should be the highest FD rate for the moment. Highly recommended.
[right][snapback]52493800[/snapback][/right]

.

OCBC Bank Malaysia Promotion until end December 2012.

Combo FD and Savings - 3 Months FD 4.0% (Minimum Fresh Fund RM10K) where 20%(Minimum RM2K) equivalent amount deposited into FD must be deposited into a NEW Savings Account and maintained for 90 days. Click here to read my comments at my FD Page

*

UOB Bank Latest Fixed Deposit Promotion Rates - Minimum RM10K.

QUOTE(BoomChaCha @ Dec 17 2012, 03:14 PM)

UOB FD Promo Rates - Effective from 15 December 2012 until end of February 2013

3 Months: 3.5 %
9 Months: 3.65 %

Minimum and maximum fresh fund: RM 10K, RM 5 Millions
[right][snapback]56866568[/snapback][/right]

*

Hong Leong Bank Latest Step Up Fixed Deposit Promotion Rates

QUOTE(cherroy @ Nov 19 2012, 04:44 PM)

I just came across HL leaflet that got 12 months FD with step up FD 4.28% (for 4Q),
1Q 3.08%
2Q 3.18%
3Q 3.28%
3Q 4.28%.
[right][snapback]56191786[/snapback][/right]

Other Promotions
Some banks are also offering step up interest rates (with or without condition, e.g. some banks require that you deposit x amount in savings or current account), so you better average them out and I would think they still won't be able to beat Affin 12 months Fixed Deposit rate of 3.6%.

Other Similar FD Accounts - Bank Rakyat Qiradh General Investment Account-i.
Click here to read my article on Bank Rakyat Qiradh General Investment Account-i

To read my comments and see more FD promos click >>> Malaysia Latest Fixed Deposit Board and Promotion Interest Rates by Major Commercial and Foreign Banks

To learn more on The Best and Highest Paying Savings Account in Malaysia for Adult, Kid, Parent and Grandpa click >> The Best Savings Accounts in Malaysia

Click here to read my article titled Australia Education, Term Deposit, Savings Account and Credit Card Interest Rates In this article I have tables of interest rates from several banks in Australia and also a Table for UOB, OCBC and RHB Foreign Currecny Time Deposit Interest Rates.

Click here to read my article Premier Priority Privilege Banking Accounts. This updated revised article now include comments for OCBC Premier and StanChart Priority Banking Account.

Banker's Cheque Fee purely for FD Upliftment/Withdrawal (Do not combine with other accounts, i.e. Savings Account)
Affin - FREE
Alliance - FREE
AmBank - RM2.15
Bank Rakyat - FREE
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
MBSB - FREE
OCBC - FREE
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 or RM2.15 Conflicting reports.

Click here to my new blog called Fixed Deposit Malaysia where I have published an article to show you how you can combine OCBC FD Promotions to earn more money AND how you can continue earning 5% interest if you had opened a joint account earlier where the FD is maturing before 31 December 2012.

Maybankard 2 Gold & Platinum Cards V5

Gen-X — Thu, 19 Jul 2012 19:28:47 +0800

Click here to go to Maybank's website.
Click here to go to American Express Website.

Gold: Minimum annual income:RM30,000
Platinum: Minimum annual income:RM60,000

Benefits

1. The benefits of two cards, Maybankard 2 American Express® Card and Maybankard 2 MasterCard or Visa Card, in one sign up, one service tax, and one statement.
2. Enjoy a low Finance Charge of 8.88% p.a. on your outstanding retail balance.
3. 5x TreatsPoints for every Ringgit spent on Maybankard 2 American Express Card and 1x TreatsPoint on Maybankard 2 Mastercard/Visa Card in Malaysia or anywhere else in the world.
4. 5% Weekend cash back when spend on Maybankard 2 American Express Card capped at RM50 per customer (including Supp Cardmember) per month.
5. Lifetime Fee Waiver with complimentary supplementary cards.

Additional Benefits with Platinum Card.
6. Travel Insurance Coverage - Charge your travel fares to the card to enjoy complimentary Accidental Death and Disablement coverage of up to RM1,000,000, as well as Travel Inconvenience coverage for missed connections, luggage delay and luggage loss. Subject to terms & conditions of the Certificate of Insurance.
7. Retail Protection - Purchase protection of up to RM20,000 per item and up to RM150,000 per card account per calendar year. Return Guarantee exchange or refund of up to 90days (Maximum RM1,500 per item on purchase price, up to a maximum of RM6,000 per card account per calendar year). Extended Warranty of up to Rm15,000 per item (Up to RM48,000 per card account per calendar year.). Subject to terms & conditions of the Certificate of Insurance.
8. Golf Privilege - Complimentary golf at selected golf courses around Malaysia.

Who can apply?

* Malaysians and expatriates with a minimum annual income of RM60,000
* Principal cardholders: those between 21 to 65 years old
* Supplementary cardholders: at least 18 years old

Required Documents - Please include the following with your application form:

* Copy of NRIC (both sides) or Passport, including that of supplementary applicant's
* Latest BE form with official tax receipt
* Latest 2 months' salary slips
* Latest 3 months' savings account activity/current account statements

If you are self-employed:

* Copies of Business Registration
* Latest 3 months' Bank Statements

If you are an expatriate:

* Letter from employer confirming duration of employment contract in Malaysia. Note: You must be a Maybank account holder.

Click here to download Maybankard 2 Cards Application Form.

Ways to apply for the Maybankard 2 Cards:

1. Go to branch and fill in application form and submit it there.
2. Download application form and fax to 03-2282 0373.
3. By email to amexcards@maybank.com.my (better you call MBB Customer Service to confirm address)
4. Call Maybank or American Express Customer Service if you are a current Maybank credit card holder.
5. Click "I'm interested" in Maybankard 2 Official Website. Link at the very top.

If you do not have a Current or Savings Account with Maybank but you want a Maybank2U online account to check your Maybankard 2 Cards transactions, you need to go to a Maybank branch to get it done. Better that inform the officer that you want the Maybankard 2 Visa or MasterCard as the main account and add your Maybankard 2 Amex to it. However if you want your Maybankard 2 Amex to be the main card for the account, when you first log in to register username add 0 to the 15 digits of your Amex card.

Maybank Card Centre at 1 Utama and KLCC are supposed to process your application for the Maybankard 2 Cards within 60 minutes. Click here to read my article on it.

If you need further clarifications (e.g. what documents to bring along) on the 1 hour approval at 1U Card Centre, you may contact them at number below. Contact Info contributed by Human Nature.

Maybankard Centre at 1 Utama
Lot G-341B, New Wing, 1 Utama Shopping Center, Petaling Jaya, Selangor
03-7728 5451

Click here to read Maybankard 2 Cards V1 Thread.
Click here to read Maybankard 2 Cards V2 Thread.
Click here to read Maybankard 2 Cards V3 Thread.
Click here to read Maybankard 2 Cards V4 Thread.

Other Related Threads in this Forum:

Places That Accept AMEX Thread

Click here to Pumping Petrol with your CC Thread.

Click here to Suspicious Telephone Call Thread. Recommended that you read Post#1 and #11 at the very least. Do Not release any info relating to your credit cards (i.e. expiry date and CCV number) even if the person knows your name and card number.

Other Related Links.

Click here to read my article Maybank2U for Maybank Credit Cards - You Don't Need A Savings or Current Account

Click here to read my review on Maybankard 2 Cards where it includes a brief comparison between Maybankard 2 Amex versus OCBC Titanium MasterCard.

Click here to see brief comparison between Maybankard 2 American Express vs. HSBC Visa Signature.

Click here to see brief comparison between Maybankard 2 American Express vs. Citibank Platinum Cash Back credit card.

Those who are interested in converting your Treats Points to Enrich Mile. I did a comparison between Maybankard 2 Amex and Maybakard Visa Infinite.Click here to read my article New Toshiba i5 4GB ATI Radeon for RM999 with Maybankard On Th Spot Redemption and Enrich Miles Redemption

Click here to my article MACH by Hong Leong Bank - First Look where I have a table comparing the cash back of Maybankard 2 Cards versus MACH, UOB One Card, Citibank Cash Back Platinum and OCBC Titanium MasterCard. Use the table as a guide to determine which card earns you the most cash back based on your own expenses.

Maybank Maybankard Credit Card Promotions and Benefits 2012. If you use your Maybankard Visa or MasterCard to book hotel rooms online via Maybank website with agoda.com, you will enjoy 6% discount until end of 2012.

For Step by Step Instructions on how to book a room with your Maybank Visa or MasterCard with Agoda.com to enjoy extra 6% discount click here to read my article titled My Credit Cards offers Exclusive Discount for Agoda Online Hotel Room Reservations. Also read Post#3 is you are thinking of booking your room with Agoda using your MBB 2 AMEX.

For those of you who uses Maybank2U to pay your credit card bills, utilities bills, Local Council Assessments/Taxes and etc, you should look into getting the Maybank2U Savers Account (if you have not) because it earns you interest daily and credited into the account monthly. Click here to read my article My Maybankard Platinum Debit Card for My Maybank Credit Cards.

The Maybankard 2 AMEX can be used to pay our Unifi and other bills via Maybank2U.com, to learn more click here to my article Maybankard 2 AMEX for Paying Bills Online with M2U and for TNB with Express Autopay.

Maybankard 2 Gold And Platinum Cards V4

Gen-X — Thu, 01 Mar 2012 17:52:15 +0800

Click here to go to Maybankard 2 Cards Official Website
Click here to go to Maybank's website.
Click here to go to American Express Website.

Gold: Minimum annual income:RM30,000
Platinum: Minimum annual income:RM60,000

Benefits

1. The benefits of two cards, Maybankard 2 American Express® Card and Maybankard 2 MasterCard or Visa Card, in one sign up, one service tax, and one statement.
2. Enjoy a low Finance Charge of 8.88% p.a. on your outstanding retail balance.
3. 5x TreatsPoints for every Ringgit spent on Maybankard 2 American Express Card and 1x TreatsPoint on Maybankard 2 Mastercard/Visa Card in Malaysia or anywhere else in the world.
4. 5% Weekend cash back when spend on Maybankard 2 American Express Card capped at RM50 per customer (including Supp Cardmember) per month.
5. Lifetime Fee Waiver with complimentary supplementary cards.

Additional Benefits with Platinum Card.
6. Travel Insurance Coverage - Charge your travel fares to the card to enjoy complimentary Accidental Death and Disablement coverage of up to RM1,000,000, as well as Travel Inconvenience coverage for missed connections, luggage delay and luggage loss. Subject to terms & conditions of the Certificate of Insurance.
7. Retail Protection - Purchase protection of up to RM20,000 per item and up to RM150,000 per card account per calendar year. Return Guarantee exchange or refund of up to 90days (Maximum RM1,500 per item on purchase price, up to a maximum of RM6,000 per card account per calendar year). Extended Warranty of up to Rm15,000 per item (Up to RM48,000 per card account per calendar year.). Subject to terms & conditions of the Certificate of Insurance.
8. Golf Privilege - Complimentary golf at selected golf courses around Malaysia.

Who can apply?

* Malaysians and expatriates with a minimum annual income of RM60,000
* Principal cardholders: those between 21 to 65 years old
* Supplementary cardholders: at least 18 years old

Required Documents - Please include the following with your application form:

* Copy of NRIC (both sides) or Passport, including that of supplementary applicant's
* Latest BE form with official tax receipt
* Latest 2 months' salary slips
* Latest 3 months' savings account activity/current account statements

If you are self-employed:

* Copies of Business Registration
* Latest 3 months' Bank Statements

If you are an expatriate:

* Letter from employer confirming duration of employment contract in Malaysia. Note: You must be a Maybank account holder.

Click here to download Maybankard 2 Cards Application Form.

Ways to apply for the Maybankard 2 Cards:

1. Go to branch and fill in application form and submit it there.
2. Download application form and fax to 03-2282 0373.
3. By email to amexcards@maybank.com.my (better you call MBB Customer Service to confirm address)
4. Call Maybank or American Express Customer Service if you are a current Maybank credit card holder.
5. Click "I'm interested" in Maybankard 2 Official Website. Link at the very top.

If you do not have a Current or Savings Account with Maybank but you want a Maybank2U online account to check your Maybankard 2 Cards transactions, you need to go to a Maybank branch to get it done. Better that inform the officer that you want the Maybankard 2 Visa or MasterCard as the main account and add your Maybankard 2 Amex to it. However if you want your Maybankard 2 Amex to be the main card for the account, when you first log in to register username add 0 to the 15 digits of your Amex card.

Click here to read Maybankard 2 Cards V1 Thread.
Click here to read Maybankard 2 Cards V2 Thread.
Click here to read Maybankard 2 Cards V3 Thread.

Other Related Threads in this Forum:

Places That Accept AMEX Thread

Click here to Pumping Petrol with your CC Thread.

Click here to Suspicious Telephone Call Thread. Recommended that you read Post#1 and #11 at the very least.

Other Related Links.

Click here to read my review on Maybankard 2 Cards where it includes a brief comparison between Maybankard 2 Amex versus OCBC Titanium MasterCard.

Click here to see brief comparison between Maybankard 2 American Express vs. HSBC Visa Signature.

Click here to see brief comparison between Maybankard 2 American Express vs. Citibank Platinum Cash Back credit card.

Those who are interested in converting your Treats Points to Enrich Mile. I did a comparison between Maybankard 2 Amex and Maybakard Visa Infinite.Click here to read my article New Toshiba i5 4GB ATI Radeon for RM999 with Maybankard On Th Spot Redemption and Enrich Miles Redemption

Maybank Maybankard Credit Card Promotions and Benefits 2012.

Maybank Card Centre at 1 Utama and KLCC are supposed to process your application for the Maybankard 2 Cards within 60 minutes. Click here to read my article on it.

If you need further clarifications on the 1 hour approval at 1U Card Centre, you may contact the card them at number below. Contact Info contributed by Human Nature.

Maybankard Centre at 1 Utama
Lot G-341B, New Wing, 1 Utama Shopping Center, Petaling Jaya, Selangor
03-7728 5451

For those of you who are not currently a Maybank credit cardholder, fast fast go apply for the Maybankard 2 Cards and earn yourself RM100 Bonus.

Click below link to my blog for more info:

American Express 20% Cash Back and RM100 Bonus for New Approved Maybankard 2 Cards

SMS Alert - You're Not In Control

Gen-X — Thu, 19 Jan 2012 09:36:16 +0800

Beginning 1st January 2012, we are supposed to received SMS Alert whenever our credit card has a transaction. But many reported that they have yet to receive any SMS from their card issuer.

If you have been following the Credit Cards General Thread, where many useful information are posted and then discussed besides allowing you to ask questions, you will note that many have complained that they did not receive a single SMS Alert on fraud charges. The reason being is because most credit card issuers have preset a default value to trigger the SMS Notification.

The purpose of this thread is to report your SMS Alert and discuss about it.

A. SMS FORMAT

Here are examples of the SMS Format that members have reported:

Affin Bank
Contributed by skincladalien, post#151
RM0.00 Thank you for using Affinbank card of RM9.25 at Paypal *Account xxxx SG. If this is not your charge, contact us immediately

Alliance Bank
RM0.00 Alliance Bank: There was a credit card transaction at [Merchant Name and Location] for RMXXX.XX. Please calll the Bank if it was not authorised by you.

CIMB BANK

Contributed by rayng18- all sms rec'ed almost immediate after payment were made
RM0.00 CIMB MYR80.85 was charged to your card num *** at paypal "YYY" on 08/01,pls call the number at the back of your card for any queries.

Contributed by temptation1314
From : 66300
RM0.00 CIMB : USD 3.74 was charged on your card num XXXX at VALVE SOFTWARE on XX/XX.
RM0.00 CIMB : MYR 599.00 was charged on your card num XXXX at VIEWNET COMP.SYS SDN B on XX/XX.
RM0.00 CIMB : MYR 2,988.00 was charged on your card num XXXX at THE SANDIEGO IMAGE on XX/XX.

Post #49

QUOTE(temptation1314 @ Jan 21 2012, 07:45 PM)

Swiped few times today, ranging from RM100-RM200, no SMS from the bank.
[right][snapback]48409915[/snapback][/right]

CITIBANK

Contributed by b00n
RM0.00:A payment/autopay/purchase was made on your Citibank Visa ending XXXX on 2012-01-05 for 323.46. Call 0323833061 for any queries

Contributed by MilesAndMore
- last 4-digit of your credit card
- date
- amount
- merchant's name

Contributed by rayng18 for his monthly direct debit for astro.
A trxn was made on yr Citibank Visa ending XXX on 2012-01-19 for MYR135.65-Astro -Autobill(A/B). Pls call Citibank if you have any query

As you can observe, there are different format, b00n's SMS did not state merchant's name but MilesAndMore and rayng18 SMS did mention the merchant's name.

HONG LEONG BANK
Contributed by ronnie
RM0.00 HLB - Your prin account ending #### has been debited with RM xxx.xx at MERCHANT NAME.Please contact HLB Call Centre for assistance.

HSBC BANK
Contributed by b00n for his autobill:
RM0.00:A purchase/autobill of MYR 89.65 was made on yr HSBC CARD xxxxxXXXX on 17/01/12. Call the number behind yr card if you did not authorise this

See, from above, no merchant was stated.

MAYBANK

Contributed by MilesAndMore
- last 4-digit of your credit card
- TQ FOR YOUR USAGE AT (merchant's name)
- date
- time
- amount

Contributed by Smurfs for his Auto-Debit Digi Broadband.
From : 66628
Rm0.00 MBB CARD
xxxxxxxxxxxxxxxx
TQ FOR YOUR USAGE AT DIGI -RPS SHAH ALAM ;
17/01/12 , 07:26:48
FOR MYR33.00

Gen-X's ( Amount RM3K+ and SGD500+ ):
From 66628:
RM0.00 MBB Card XXXXXXXXXXXX last four digit numbers:
TQ FOR YOUR USAGE AT Merchant Name and Location;
Date, Time
FOR Amount in Currency Transacted

As you can observe, all three above same format.

PUBLIC BANK
Contributed by redbluegreen
RM0.00 Pls call PBB if you didn't use card at MERCHANT LOCATION AMOUNT DATE TIME. For contact no, pls refer to back of your card.

OCBC BANK
Contributed by tifosi, posted at General Thread. Note that the SMS did not state amount nor date nor merchant details.

RHB BANK
RM0.00 RHBCards : Tranx amounting 650 dated 25/01/2012 for RHB Card First 4 Digits********Last 4 Digits has been approved. Pls call number behind the card for assistance.

If you observe above, the SMS does not mentioned of currency type (i.e. RM), merchant name and location.

STANDARD CHARTERED BANK
Contributed by alexwsk - below is exactly what is being sent... including the four *. No mention of merchant name and sometimes the sms is late by 30 minutes
From 62002
StanChart: Transaction alert - Retail Purchase of MYR91.70 was made from credit card ****CC on 20/01/12 at 08:17PM.

UOB BANK
Gen-X's Preferred Platinum Visa (Amount RM3K+):
From 66300:
Thank you for using your UOB Card ending four digit numbers
@ Merchant Name and Location for Amount Date Time
For any enquiry please call UOB.

Contributed by unknowmaster - at petrol kiosk
This is 1st txn alert for your UOB Card ending XXXX @ MOBILE TAMAN PEL for RM 200.00 dd/yy time. For any enquiry please call UOB.

As you can observe, both above same format.

So, if you do received a different SMS format from above, please post. And also please post SMS from other banks. For your own privacy, you don't have to state the place and actual name of merchant but just let us know if the SMS contains the Amount in What Currency and Merchant like my format above.

B. Default Value for Face to Face Presented Transaction to Trigger SMS Alert/Notification

Here is my contribution to you guys on the default value:

Alliance Bank - Default value RM500. Can request to change. Call CS and they will sent you by email for fax.

Direct Access ( CIMB ) - Default amount RM500.

Citibank Platinum and PremierMiles Priority Line - Default RM500. Call CS and request to change to RM200 or you can do it online.

OCBC Bank - RM500. Call CS and they can email a form to request default value be set to RM1.

Ex-EON Bank Visa Signature Toll Free - the guy I spoke to said it is RANDOM!

HLB Platinum Toll Free - first time use of the card, auto debit, for petrol and for other type of transaction the default value is RM1K. Once agaqin can request value to be reduced. HLB SMS Alert Form to set default value.

MBB VI Toll Free Line - not all transactions, the Customer Service representative told me that it depends on the system! Can call CS to reduce the default value to RM1 over the phone.

RHB Bank - RM500.

UOB - RM500 for presented transaction and RM1 for online.

QUOTE(64bit @ Sep 26 2012, 10:42 PM)

Update for UOB Credit Card: We can change the SMS alert transaction limit to RM 1 and above. I have successfully done so and got the SMS for a RM 40 transaction. Just fill in the "SMS Transaction Alert Service Maintenance Form" from UOB website at Useful Information -> Application Form -> Personal Banking. The completed form should be sent to UOB via fax, post or direct hand-in. Take note that the fax number written in the form is outdated. The correct fax number should be 03-26900121, those in doubt may call up UOB to confirm.
[right][snapback]54905463[/snapback][/right]

I will update above when you guys report something else.

Notes:

1. Please post is you have received a SMS Alert from your card issuer for any amount to confirm above. May it be online, auto debit, IPP, etc.

2. If you have received a SMS for your transaction below the default value mentioned above, PLEASE POST so that I can update the info.

3. If you have not received any SMS for your transaction below the default value stated above, I guess you NO NEED to inform us, hahaha.

Click here to read my full article titled Credit Card Fraud Calls and Banks Default Value for Credit Card SMS Alert. In this article I have elaborated more on which card issuer allows you to change the default values.

Other Relevant Info Contributed by fellow members:

PBB - Default Value RM500, can be lowered to RM100. Contributed by redbluegreen Post#43

SCB - you need to activate online and the minimum default value is RM250. Please refer Post#14 and 17. Contributed by Human Nature

Fixed Deposit Rates in Malaysia V2

Gen-X — Fri, 14 Oct 2011 17:46:43 +0800

Click here to Original FD Rate Thread.

Click here to Fixed Deposit Rates in Malaysia V3

Malaysia Major Commercial Banks and Foreign Banks Fixed Deposit / Time Deposit Rates as of 1st July 2012.
Bank - FD rates for 1 month, 3 months, 6 months and 12 months.

Affin Bank - 3.05%, 3.1%, 3.25% and 3.6%
Alliance Bank - 3%, 3%, 3.1% and 3.25%. FD Gold 12 months 3.3% (Interest paid monthly).
AmBank - 3%, 3%, 3.15% and 3.2%. Am50Plus 12 mths 3.25% (Interest paid monthly, FREE PA).
Citibank - 2.9%, 3.00%, 3.0% and 3.10%
CIMB Bank - 3%, 3.05%, 3.1% and 3.15%
Hong Leong Bank - 2.9%, 2.95%, 2.95% and 3.1%
HSBC Bank - 2.75%, 3%, 3% and 3.15%
Maybank - 3%, 3.05%, 3.1% and 3.15%
OCBC Bank - 2.85%, 2.95%, 3% and 3.10%
RHB Bank - 3%, 3.05%, 3.2% and 3.2%.
Public Bank - 3%, 3.05%, 3.1% and 3.15%. PB Golden 50 Plus 12 months 3.25%.
Standard Chartered Bank - 2.90%, 2.95%, 2.95% and 3.10%
UOB Bank - 2.9%, 2.95%, 2.95% and 3.10%

QUOTE(BoomChaCha @ Feb 20 2012, 02:03 PM)

Schedule of Monetary Policy Committee Meetings for 2012

1st ----   31 January 2012 (Tuesday)
2nd ---- 9 March 2012 (Friday)
3rd ----   3 May 2012 (Thursday)
4th ----   5 July 2012 (Thursday)
5th ----   6 September 2012 (Thursday)
6th ----   8 November 2012 (Thursday)
Source: http://www.bnm.gov.my/microsites/monetary/03_schedule.htm
[right][snapback]49133228[/snapback][/right]

Fixed / Time Deposit and Savings Account Promotions July 2012.
Please call the nearest bank to reconfirm the rates (go to the bank website for bank contact number where you can also get the contact number of the branch nearest to you) before going to the bank to check if promotions are still valid.

UOB Bank Latest Fixed Deposit Promotion Rates - Minimum RM10K. Effective 23 July 2012 till end of August 2012

1 mth 3.25%
3 mth 3.55%
12 mth 3.65 %

For PB customers add 0.05% to above rates.

OCBC Bank Malaysia Promotion until end September 2012. Minimum Fresh Fund RM10K
3 Months 3.50%
9 Month 3.60%

Combo FD and Savings - 3 Months FD 4.5% where 20% equivalent amount deposited into FD must be deposited into a NEW Savings Account and maintain for 90 days.

Click here to OCBC Promos and T&C

Want to earn up to 4.25% for 3 months, thanks to MGM go with the OCBC Combo Plan and OCBC Smart Savers Savings Account:

QUOTE(MGM @ Jul 3 2012, 05:28 PM)

Say FD rm10000 at 4.5% and SmartSaver rm2000(20% of FD) at 3%, average out
(10000*4.5%+2000*3%)/12000= 4.25%

After checking the HLB website,
the effective rate from the promo is 3.9455%, based on FD rm10000 @ 3.95% and JuniorAccount rm1000 @ 3.9%.
[right][snapback]52720507[/snapback][/right]

.

Maybank FD Promo Until 24 August 2012

1st 6 Months 3.35% and roll over (allowed 1 time only) for 6 months 4.05% and applicable for over the counter placement only.

Minimum Fresh Fund Individual RM20K
Minimum Fresh Fund Company RM50K

Based on above, average 3.7%

CIMB Bank Step Up 6 Months FD Promo Until 31 December 2012

QUOTE(gark @ Aug 1 2012, 12:13 PM)

STEP UP FIXED DEPOSIT OFFER (UNTIL 31 DECEMBER 2012)
Up to 5.00% p.a. on a 6-month Step Up Fixed Deposit** with a minimum placement of RM50,000 for new and existing CIMB Preferred members.

Month 1-5 = 3.10%, Month 6 =5%

Average ... 3.42% p.a... for 6 months.
[right][snapback]53491045[/snapback][/right]

For Non Preferred members, the CIMB Step Up FD Promo until end of the year is as follows:

1-5 Months 3.1%
6th Month 4.88% (slightly lower than Preferred)
Minimum RM5K and in multiples of RM5K

Click here to CIMB webpage on Step Up FD PRomo.

Hong Leong Bank 3 Months 3.95% till end of October 2012

(Note: I got no control on the image size here - previously when we click on image here can see actual size, so if you want to see actual size go to my Fixed Deposit Page at my blog and click on it).

HLB is offering extra 1% interest for 3 months FD on the following conditions:

Non Priority Banking Customers - Must deposit RM10K to with FD and RM1K into Savings Account.

Priority Banking Customers - Must deposit RM50K into FD and RM5K into Savings Account.

Click here to HLB website to see T&C

And for Seniors, HLB offering 3.6% for 12 months FD Click here for T&C. Minimum Fresh Fund RM10K
And for kids, they get 3.65% for 12 Months Junior FD click here for T&C

Kuwait Finance House Deposit Promo until end of August 2012

Those of you who are near to a KFH branch, go check out Kuwait Finance House International Commodity Murabahah Deposit i Promo until end of August 2012. 3.85% for 6, 12 and 24 months tenure.

Check this out - contributed by tbheng If you are nearby to a new HSBC Branch, you may get 5% FD Promo for 3 months.

QUOTE(tbheng @ Jun 25 2012, 02:01 PM)

Hi all, just for sharing....

I've just returned from HSBC Amanah Kota Damansara.
Took their new branch opening offers: 5% 3 month TD-i for non-premier category.
The requirements and process seems rather straight forward.

Required the following 2 products to be openned:
1. Term Deposit-i: min RM5k, max RM50k.
2. Amanah Advance Acct-i: min RM100.
(I have highlighted about the T&C said min RM500, the teller said RM100 is enough. RM500 is for Amanah Advance Acct-i alone.).
She said the TD-i slips will be ready when my cheque cleared. I requested her to mail it to me instead of collecting at branch.
I also requested for internet banking. It is FOC.
I was given a big golf umbrella and recycle bag as welcome gifts.

This should be the highest FD rate for the moment. Highly recommended.
[right][snapback]52493800[/snapback][/right]

QUOTE(tbheng @ Jun 25 2012, 09:37 PM)

But thanks to all the sifu here that share the promo link
Should be for the 3 new branches as detailed in the promo.
According to the teller, the Kota Damansara branch is < 1 month old.
[right][snapback]52506721[/snapback][/right]

QUOTE(tbheng @ Jun 26 2012, 06:59 AM)

It is for these 3 branches in KL/PJ:
1. HSBC Amanah Maluri New Branch Opening Promotion
2. HSBC Amanah City Centre New Branch Opening Promotion
3. HSBC Amanah Kota Damansara New Branch Opening Promotion
Please click the link I provided above to read more.
[right][snapback]52513931[/snapback][/right]

According to HSBC website, the New Branch Promo offer ends 30 September 2012 for above mentioned 3 branches.

Other Promotions
Some banks are also offering step up interest rates (with or without condition, e.g. some banks require that you deposit x amount in savings or current account), so you better average them out and I would think they still won't be able to beat Affin 12 months Fixed Deposit rate of 3.6%.

To read my comments on FD promos click >>> Malaysia Latest Fixed Deposit Board and Promotion Interest Rates by Major Commercial and Foreign Banks. New - with comments on Bank Rakyat Qiradh Investment Accounts

Click here to read my article titled Australia Education, Term Deposit, Savings Account and Credit Card Interest Rates In this article I have tables of interest rates from several banks in Australia and also a Table for UOB, OCBC and RHB Foreign Currecny Time Deposit Interest Rates.

Banker's Cheque Fee purely for FD Upliftment/Withdrawal
Affin - ?
Alliance - FREE
AmBank - RM2.15
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
OCBC - FREE or RM2.15 Conflicting reports.
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 or RM2.15 Conflicting reports.
Others - please state bank and amount.