Citibank cash advance charge. Let’s carry on the topic within brand-new bond.

1. Visa2. Mastercard.3. JCB4. AMEX – Cost or Credit Score Rating Card5. Diners Club6. Etcetera.

1. Annual charge issues

You don’t need to request waiver CIMB immediate access Platimum and silver – requirement Professional/Graduate.UOB Platinum – reached posses BOTH MasterCard and Visa and swipe lowest 6 times/card.Alliance Platinum – swipe 12 instances per year or invest RM3,000/year.RHB Evo – got to swipe once per month or RM8 try energized for that thirty days.OCBC Platinum Robinson – got to invest RM8K/year including minimal RM1K at RobinsonMBB Flex -got to swipe double 30 days or otherwise billed RM3.95Citibank possibility – 2 purchases in a monthCIMB Mastercard Paypass – cost-free for a lifetime without conditions

2. Tap and get – no trademark needed matters

Charge trend – MBB, UOBMastercard Paypass – CIMB, CIMB DAVisa payWave – MBB Petronas

Paypass simply for RM120Visa Wave restrict must RM150

3. vital see for CIMB and CIMB DA card holders

4. Credit Card linked to gasoline Giants

BHP-UOBShell-CitibankAMEX billed cards gives incentives aim (at present 2X if had gotten Turbo 3X) for working petrol after all gasoline channels. Petronas-MBB Visa silver with payWave (complimentary for life with no conditions)Petronas-CIMB easy money payday loan Avon Lake Mastercard silver (complimentary for life)All gasoline brands with CIMB DA Mastercard with discount as much as 2percent monthly*.

5. expectations financial cost (rate of interest)

Retails acquisitions: 18per cent p.a or 1.5percent p.m from statement date upon make payment on lowest amount.Cash advance: 18% p.a through the date of withdrawal.Late repayment: 1percent of outstanding or RM 5 whichever try higher.Minimum payment quantity: 5per cent of outstanding or RM 25/RM 50 whichever are high.

*warming new BNM ruling wherein if you are not the full pay master of your own charge card over the past 12 months, inexperienced from June/July 2008, all purchases would-be billed loans charges (17percent p.a.) the moment your swipe. This means irregardless what you get whether gasoline or PC parts, it’ll have fund expense starting on purchase time it self.

6. Subsidiary Notes

1) Citibank – simply deposit and continue maintaining RM200k2) UOB – Opening deposit of RM300k with repair of RM200k3) criterion Chartered – Deposit & repair of RM200k4) OCBC – beginning deposit of RM300k with maintenance of RM200k5) HSBC – Deposit & repair of RM200k

7. Amex – bank card AMEX recharged credit gives rewards point (currently 2X if had gotten Turbo 3X) for working petrol at ALL petrol stations.

Another benefit AMEX have over other people is they at present has 6 months 0per cent installment for exchange. AMEX is truly 0percent because they isn’t any control or surchage charges than DA and UOB.

8. worldwide TransactionsMastercard and Visa fees a surcharge on top of the exchange rate. Banking institutions furthermore choose to recharge an added administration fee in addition to that

Maybank: 0.5per cent –>verified by Hye

Citibank: 1percent –> verified by tinkerbel

HSBC: 1percent –> HSBC also charge a Misc fee; bank tryn't capable incorporate precisely what that’s but per CS who we talked with, there's a little misc charge. (sum by Tinkerbel)

Traditional Chartered: 1per cent

AMEX cards: 1.5% fee + 0.5% (given by Hye) : an additional 2.5% (offered by tinkerbel)

Credit Card Cancellation Page

[Your label][Your address][time]

Dear Sir or Madam:

Be sure to allow this letter serve as observe that Im terminating my credit card accounts successful instantly. Please close listed here accounts:

Credit Card Organization: ____________Account Amounts: ________________

Kindly deliver myself composed confirmation that my personal profile has-been sealed. Furthermore, please confirm that you’ve got informed all suitable credit card bureaus that membership ended up being closed at my consult.

Thanks a lot to suit your timely focus on this material.

Cash Advance charges 5% of money levels (minute RM20), and18per cent p.a. day-to-day interest(N/A for prepared Earnings) [from Citibank]

Cash Advance Fee :The cash loan charge are billed to almost any detachment of cash generated. This is exactly enforced for each cash advance purchase. 5per cent or RM20, whichever is actually high. [From UOB lender]

Advance loan Commission/Fee*VISA/Mastercard (Both Regular and Silver)

Dull rate of 5.00percent associated with the full amount of money advanceMin: RM10 [From Maybank]

Cash loan charge 5percent of this levels attracted, susceptible to at the least RM15, whichever was high. [ From Immediate Access]

Cash Advance cost 5% on the levels drawn, susceptible to at the least RM15, whichever is higher. [From CIMB]

d) advance loan costs > the money advance cost was 5per cent of amount sophisticated or a minimum of RM15. Whichever is actually larger. That is imposed per cash loan deal

> For HSBC Amanah credit card, advance loan was capped at RM1,000 per exchange and a fee of RM60 per exchange are levied

> For cash advances made over the HSBC financial counter, there will be an additional fee from the following:– RM50 on charge cards released by regional banking institutions except that HSBC – RM20 on charge cards granted by non-Malaysian card issuers (like JCB)- Cards given by HSBC lender Malaysia plus the HSBC Groupare exempted out of this charge[HSBC]

Cash loan Fees/Casino processor chip Fees the money advance charge is 5per cent of this amount excellent or no less than RM15, whichever was high. This might be imposed for each and every money advance/casino chips deal. [From OCBC]

This blog post has become modified by vin_ann: Aug 11 2008, 10:16 PM