Lowyat.NET: Latest topics by rockefeller

[WTB] Westin Heavenly Bed

rockefeller — Fri, 21 Aug 2015 10:00:26 +0800

I am interested to buy the Westin Heavenly Bed. I need an employee of the Starwood Hotel Group to buy as they are entitled to 40% employee's discount.

Anyone can help? Please PM me.

PruBSN Health Enrich Premier

rockefeller — Mon, 29 Jun 2015 15:48:31 +0800

Hi, what do you all think about PruBSN Health Enrich Premier?

Crisis Shield RM 150k
Accidental Death and Disablement RM 150k
Accidental Medical Reimbursement RM 5k
HealthEnrich Premier R&B RM 500 (Preferred Hospital RM 1000)

Monthly contribution RM 400 per month.

Pros and Cons please.

[WTB] Sell your Credit Cards Points [WTB]

rockefeller — Thu, 02 Apr 2015 11:53:20 +0800

Plenty of unutilized credit card points? Want to turn them to cash instead? We are willing to buy credit card points. Only above 1 million points unless you may provide consistent supply of points on monthly basis then we may negotiate the numbers. Please PM to discuss further.

Don't know what to do w your credit card points?

rockefeller — Thu, 02 Apr 2015 09:26:05 +0800

We are interested to buy your credit card points. Only 1 million and above points only. Kindly PM and we will make an offer.

[WTB] Holders of Maybankard2 Premier / VI

rockefeller — Wed, 01 Apr 2015 23:36:46 +0800

Item(s): [WTB] Maybankard2 Premier or Visa Infinite Treatspoints [WTB]

Price: Negotiable. If you have regular supply, much more encouraged.

Dealing method: Cash

Location: KL

Contact method/details: PM

SOLD

rockefeller — Wed, 27 Nov 2013 12:31:32 +0800

SOLD

The Veo (formerly DMBC4)

rockefeller — Sat, 05 May 2012 16:37:27 +0800

Saw a big poster of this development at the Iproperty Property Fair at MV just now. Looks exciting but apparently not cheap. Price starts at 600 psf onwards, size starts at 700sf. Anyone has more information about this project?

Which bank is most generous with credit card CL?

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

Citibank Ready Credit

rockefeller — Thu, 04 Nov 2010 20:57:49 +0800

Citibank recently launched Citibank Ready Credit. A sort of revolving overdraft facility 'pay-as-you-use' concept. Very similar to OCBC Malaysia's offering a couple of years ago Powercredit. Anyone applied? What are the documents required? I find this very attractive as it is flexible unlike the usual personal loans where they start calculating upon drawdown of loan amount.

Mass Affluent Banking Options

rockefeller — Wed, 27 Oct 2010 00:29:26 +0800

Banks target mass affluent market
By DALJIT DHESI
daljit@thestar.com.my

Segment which accounts for 6% of population still underserved

PETALING JAYA: After gaining a foothold in the premier banking segment, many banks are now looking to expand their revenue base by targeting the underserved growing mass and emerging affluent market which accounts for some 5% to 6% of the country’s total population.

OCBC Bank (M) Bhd head of mass affluent Teh Bee Gaik said the mass affluent segment was currently underserved as most banks do not target this group specifically but rather they tend to focus solely on the high net worth individuals, broadly referred to as the premier banking segment.

Even today, she said only a handful of banks were looking seriously at meeting the specific needs of the mass affluent segment.

Teh Bee Gaik ... ‘Mass affluent segment comprises around 1.4 million people.’
She said a mass affluent customer would contribute to three or four times the revenue brought about by a regular mass retail customer.

“We estimate the mass affluent segment to comprise around 1.4 million people nationwide, which is roughly 5% of the country’s overall population and expect this segment to grow by 5% each year. The mass affluent segment encompasses broadly those earning between RM5,000 and RM20,000 a month compared to the premier banking segment, which most banks tend to define as those with total assets under management of about RM250,000 to RM300,000,’’ she told StarBiz.

Teh said the mass affluent customers were time-stressed individuals, namely those on the fast track and with little time to spare. They could also be defined as those whose next stage would, ultimately, be premier banking, she said.

The bank, which currently has about 10% market share in the mass affluent market, via its mass affluent banking platform iQ, hopes to chart an annual growth rate of 10% to 15% by year-end.

Lim Eng Seong says HSBC Bank’s focus has always been on the mass affluent segment.
Through the cash flow management facility of the iQ platform, she said customers no longer needed to initiate payment transactions for utility bills, mortgage or car instalments as these would be left to the bank to remember on their behalf instead.

This also include personal and non-banking needs like access to services such as 24 hour-auto assist, home assist, restaurant delivery service, gift delivery, personal shopping, air ticket bookings and others.

Standard Chartered Bank Malaysia Bhd country head for consumer banking Tiew Siew Chuen said the bank was ramping up its business to serve this untapped segment. To this end, it launched Preferred Banking in August this year.

She said that with this service, the bank aimed to reach 200,000 customers in this market segment within two years.

Tiew added that the emerging-affluent segment in Malaysia was one of the fastest growing and most attractive demographics for consumer businesses, with banking as no exception.

Tiew Siew Chuen says Standard Chartered is ramping up its business to serve this segment
This underserved segment numbers 1.6 million in Malaysia and constitutes 5.7% of the population, she said. From 2005 to 2009, she said, this segment grew at a compounded annual growth rate of 17% despite the challenging economic conditions of the past year.

The segment, she added, was also dominated by young, upwardly mobile executives, professionals, couples and families comprising over 44% of the emerging-affluent segment in 2009 and representing nascent and untapped potential.

HSBC Bank Malaysia Bhd general manager for personal financial services Lim Eng Seong said the bank’s core focus had always been on the mass affluent segment.

He said this was in line with its ability to tap on the group’s global knowledge and wealth management capabilities coupled with its ability to provide international connectivity.

Lim said the bank was expecting double-digit growth over the next three years as the country continued to progress and create new wealth.

[addedon]October 27, 2010, 12:34 am[/addedon]Which is recommended through experience?

Maybank has also reintroduced its Priority Banking to cater to mass affluent segment who doesn't fulfill the Private Banking requirements.

Premium Credit Cards Miles Accumulation

rockefeller — Sat, 02 Oct 2010 10:14:15 +0800

There are many premium credit / charge cards in the market claiming theirs are the best and provide fastest frequent flier miles accumulation (namely, Enrich). These include:

1. Maybank World Mastercard

2. CIMB / DA World Mastercard Visa Infinite

3. CIMB Enrich Co Brand Mastercard

4. American Express Platinum Cards (Bear in mind auto turbo points x2 or x3 amount swiped)

5. Standard Chartered Visa Infinite

6. Citibank Visa Premiermiles

For quite awhile, Amex Platinum was leading the pack with it's conversion rate of 5600MR = 1000 enrich miles. This is so by virtue that every RM 1 transaction on the card entitles you to 2 MR points and not 1 like it's other rivals. So, essentially it's RM 2800 of spending = 1000 enrich miles.

Second to this is CIMB Enrich Co Brand Mastercard where every RM 4 spent = 1 enrich miles.

Any take on this guys? And please don't move this thread to credit card thread as this is to tackle specific question.

Malaysia Payroll Software for Mac

rockefeller — Mon, 30 Aug 2010 22:13:21 +0800

I am looking for a payrol software (compatible with Malaysian authorities such as PCB etc) that can run on Mac platform. Most payroll software in the market like UBSPayroll and TimesPayroll can only run on Windows. Any idea?

Payroll Software For Mac

rockefeller — Mon, 30 Aug 2010 20:58:14 +0800

Hi there. I am looking for payroll software that supports Macs. Most popular payroll softwares in the market like UBSPayroll and Times HR only support Windows. Any idea?

Which bank offers best overall service?

rockefeller — Fri, 13 Aug 2010 16:32:25 +0800

Hi, we have a thread on banks with the lousiest service in town. We can see so many feedbacks with regards to that. How about the banks with the best overall service?

Through my experience:

Public Bank - Best counter service, unrivalled in terms of efficiency.

HSBC - Nice environment and friendly service.

Citibank - Very fast service; state of the art ATM machines.

What's your take on this?

Which CC offers fastest Enrich miles accumulation?

rockefeller — Sat, 16 Jan 2010 13:57:07 +0800

Many may not realize but AMEX actually helps to accumulate much faster due to its turbo rewards 2x programme.

CIMB:

1 Enrich Mile = RM 4 expenditure

AMEX:

1 Enrich Mile = RM 5.60

with 2x turbo rewards programme: 1 Enrich Mile = RM 2.80

Makes sense?

Which bank is most generous with credit card CL?

rockefeller — Wed, 13 Jan 2010 23:34:58 +0800

Through your experience, which bank offers the most generous credit limit for credit cards? I know this is subject to credit review but i'm just asking generally.

Malaysia Airlines Enrich Miles

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

Malaysia Airlines Enrich Miles

rockefeller — Sun, 20 Dec 2009 11:38:35 +0800

Hi there. Is there anyone here who has Enrich Miles (maybe from their CIMB Enrich Mastercard or other credit cards points) but do not plan to use them? Perhaps can let me know, I pay cash for miles

Thanks.

Which Dual Sim Phone To Buy?

rockefeller — Tue, 15 Dec 2009 20:45:23 +0800

Hi, i am currently looking for a reliable dual sim phone. I am considering the Samsung D880 or D780. Can you tell me which is better and why? Also do you have other recommendations? Thanks.

Malaysia Airlines Enrich Miles

rockefeller — Fri, 04 Sep 2009 21:26:43 +0800

Does anyone who have unutilized Enrich miles wish to sell theirs? I pay cash for miles