Credit Card

Get 10X Points for Petrol & Grocery Purchases with AMEX


amex

AMEX is currently having a promotion where card holders will get 10X Rewards Points on petrol and grocery spending at all petrol station and selected supermarket or hypermarket. Based on points conversion of 200 points to RM1, you will get 5% cash back.

The only downside of this promotion is you have to spend RM500 elsewhere within the same month.

Promotion is valid from 1st April to 31st July 2010. All American Express Cards issued by Maybank and Maybank Islamic are eligible to enjoy this promotion. However American Express Corporate Cards and Singapore Airline KrisFlyers Card.

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5X Rewards Points & 10,000 Bonus Points with Citibank Platinum Credit Card


citibank

Citibank is having a great new feature for their Platinum Credit Card. They are offering 5X Rewards Points on purchase made at major department stores and supermarkets or hypermarkets.

On top of that, they are giving 10,000 Bonus Rewards Points for new applicants that get their application for Platinum Credit Card approved. The bonus point is only applicable for non-existing Citibank Platinum Card holder. This offer will run from 19th March 2010 to the 31st of July 2010.

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HSBC CNY Promotion, 10% Cash Rebate & 5X Reward Points

hsbc

In conjunction with Chinese New Year celebration on the 14th and 15th February, HSBC have 3 promotions which hope to make your celebration more meaningfull. The promotion offer are ranging from 5X Reward Points until 10% Cash Rebate on Grocery and Petrol spending.

Promotions are only valid when you make spending with HSBC or HSBC Amanah Credit Cards. All the promotions will end on the 28th February 2010.

Below are the details regading the HSBC CNY Promotion

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Balance Transfer Promotion, Clear Your Credit Card Debt Now

A credit card balance transfer is the transfer of the balance or debt in a credit card account to an account held at another credit card company.

Due to recent credit card tax imposed by government, many credit cards issuers is doing balance transfer promotions as part of their strategy to retain its customer. The credit card issuers are giving a great promotions ranging RM50 rebate per balance transfer to 0% interest free balance transfer. Actually this is great for customers. It will offer great saving for those who would like to use this facility.

If you have unsettle credit card debt, it is wise to do balance transfer in order to save the interest. With such a low balance transfer fee, it is certainly much better than personal loan to clear out credit card debt.

Below are list of recent balance transfer promotion.

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How to Choose a Credit Card?

A credit card is a bit like a chain saw, it’s a very handy tool, but it’s capable of inflicting horrendous damage if used improperly. The same advice applies to both of them – choose the right tool for the job, and follow the safety rules.

With the newly imposed credit card tax by the government, here are a few things to consider before you select a credit card:

Spending habits

The first question to be answered is how you intend to use the card. Are you the kind of person who will pay off the card every month without fail, or do you anticipate carrying a balance from month to month? Are you going to use it to pay for everything, or just for emergencies?

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