OCBC PREMIER VOYAGE MASTERCARD
To be eligible for this card, one needs to be an OCBC Premier Banking customer but the card is Free for the first year only.
This card was previously a metal card but now it is PVC!
The OCBC Premier Voyage MasterCard is kind of useless for both local and overseas spending:
- Earn 1 Voyage Mile for every RM5 local spend and RM3 overseas spend.
- Every 3,000 Voyage Miles converts to 1,000 KrisFlyer miles.
What the above means is that the OCBC Premier Voyage MasterCards earns you 1 Kris Flyer Miles for every RM15 spend locally and RM9 spent overseas! What?! Did I calculate wrongly? One needs to spend RM9 overseas to earn 1 KrisFlyer Mile? This is a joke right?
The OCBC Voyage Miles can also be converted to cash back at the rate as shown in OCBC website:
Every 5,000 Voyage Miles redeemed equals to RM50 Cashback. Cashback will be credited into your Premier Voyage Account
So I need to spend RM25K locally to earn 5K Voyage Miles which I can then redeem for RM50 cash back – this works out to be 0.2%!!!
Conclusion on the OCBC Premier Voyage MasterCard – it is for the rich people who just want convenience or plain foolish people who are willing to earn less in returns!
HSBC Premier World MasterCard
You will need to have HSBC Premier Status to be eligible for the HSBC Premier World MasterCard.
It has been years since I visited HSBC website and I got a shocked that they only offer Enrich Points (when I visited their website).
Anyway, below is what was stated at HSBC’s website and I have worked out how much we need to spend to earn 1 Enrich Point in brackets.
Reward Points for local and overseas spend
– 8X Reward Points on contactless payments (1 EP for every RM1.875);
– 5X Reward Points on groceries (1 EP for every RM3);
– 5X Reward Points on online shopping spend made from Lazada, Shopee, Zalora, Grab and Fave (1 EP for every RM3); and
– 10X Reward Points on overseas spend (1 EP for every RM1.50).
Wait there are more, you must always read the TnC especially HSBC!
1x Reward Points will be awarded for every RM1.00 Eligible Spend transaction charged and posted to your HSBC Premier World Mastercard Credit Card and there is no capping on the 1x Reward Points. Additional Reward Points (“ARP”) subject to capping are awarded for the following categories of spend: Contactless Purchases, Groceries, Online Shopping and Overseas Spend. Additional Reward Points Cap per month is as follows: 8,000 ARP for Contactless Purchases, 4,000 ARP for Groceries, 4,000 ARP for Online Purchases and 15,000 ARP for Overseas Spend. Additional Reward Points for Online Purchases are awarded only on transactions made in Malaysian Ringgit via internet from Participating Merchants: Lazada, Fave, Grab, Shopee and Zalora. Additional Reward Points for Overseas Spend are awarded on spend that is posted to your HSBC Premier World Mastercard Credit Card account for face-to-face transactions made in foreign currency outside Malaysia. The terms used herein are as defined in the Programme Terms and Conditions.
From the above, there is a cap on the 10X Points for overseas spending. This must be a joke too, hahaha.
Conclusion on the HSBC Premier World MasterCard – it is for the rich people who just want convenience or plain foolish people who are willing to earn less in returns!
Public Bank Visa Infinite
This card is FREE FOR LIFE and that’s the only thing that is good because maximum Cash Mega Bonus you can earn is RM80 per month which means this card is useless for purchasing luxury goods overseas, hahaha. And if you know anyone who uses this said card for a Rolex watch or VCA jewellery in Malaysia, then you also know that this person does not know how to fly Business Class for FREE and happy with RM80 cash back per month.
And for the lounge access, you need – Minimum accumulative retail transactions of
RM1,000 within 30 calendar days before and/or after each lounge access.
Conclusion on the PB Visa Infinite – Forget about it!
GenX GenY GenZ 