ICBC Introduces New 1.5% Local/3.0% Overseas Rebate MasterCard

[BlackCube]

eh.. if want to activate for oversea usage through the ibanking.

like that means can use oversea to swipe liao right?

 

[Sausage]

forgot to check
does this card have an annual fee waiver for first 2 years?

 

[BBCWatcher]

does this card have an annual fee waiver for first 2 years?

No. ICBC waives the annual fee for 3 years.

 

[dgeralds]

Found the answer. AXS transaction are excluded..


†***************

Does any payment via AXS online gets 1.5% cashback?

 

[tchau83]

same trouble with my Qoo and Easybook. As suggested by a guru, I used Paypal then get it paid.

http://forums.hardwarezone.com.sg/c...stercard-not-good-online-payment-5714813.html

Thanks.. unfortunately not all websites accept Paypal.

 

[dhwang_best]

Actually this is a very good card, you can throw all kind of ‘dirty’ transaction that are not counted for eligible category for other cards, for example insurance premium, to this card. You got 1.5 rebates!!!!!

 

[sgdividends]

Actually this is a very good card, you can throw all kind of ‘dirty’ transaction that are not counted for eligible category for other cards, for example insurance premium, to this card. You got 1.5 rebates!!!!!

Seems like every other card leh... U sure your insurance premiums got rebate?

(a) all cash advances, fees and charges;
(b) annual fees, interests, late payment fees and charges, goods and services
taxes or any other fees and charges incurred as a result of using the Credit
Card;
(c) any top-ups or payment of funds to any prepaid cards and any prepaid
accounts including without limitation to the following accounts or any other
accounts as we may specify from time to time: EZ LINK PTE LTD, EZ
LINK PTE LTD (FEVO), EZ-LINK PTE LTD SINGAPORE, EZ-LINK
TOP-UP KIOSK, EZ-LINK (IMAGINE CARD), EZLINK*, EZ LINK,
EZLINKS.COM, FLASHPAY ATU, TRANSITLINK*, TRANSIT LINK*,
TRANSIT LINK PL, TRANSIT, MB* MONEYBOOKERS.COM,
WWW.IGMARKETS.COM.SG, OANDAASIAPA, OANDA ASIA PAC,
PAYPAL * BIZCONSULTA, PAYPAL * OANDAASIAPA, PAYPAY *
CAPITALROYA, Saxo Cap Mkts Pte Ltd and SKR*SKRILL.COM;
(d) any securities brokers, dealers, trading, or forex related transactions;
(e) any payment of insurance premiums;
(f) any real estate related transactions;
(g) school fees or any other education related fee transactions;
(h) any AXS transactions;
(i) any tax payments;
(j) any transaction subsequently cancelled, void or reversed; and
(k) any payment for any outstanding balance owing on the Credit Card account
from previous and/or other months.

 

[dhwang_best]

Wrong calculation, insurance premiums excluded...

Seems like every other card leh... U sure your insurance premiums got rebate?

(a) all cash advances, fees and charges;
(b) annual fees, interests, late payment fees and charges, goods and services
taxes or any other fees and charges incurred as a result of using the Credit
Card;
(c) any top-ups or payment of funds to any prepaid cards and any prepaid
accounts including without limitation to the following accounts or any other
accounts as we may specify from time to time: EZ LINK PTE LTD, EZ
LINK PTE LTD (FEVO), EZ-LINK PTE LTD SINGAPORE, EZ-LINK
TOP-UP KIOSK, EZ-LINK (IMAGINE CARD), EZLINK*, EZ LINK,
EZLINKS.COM, FLASHPAY ATU, TRANSITLINK*, TRANSIT LINK*,
TRANSIT LINK PL, TRANSIT, MB* MONEYBOOKERS.COM,
WWW.IGMARKETS.COM.SG, OANDAASIAPA, OANDA ASIA PAC,
PAYPAL * BIZCONSULTA, PAYPAL * OANDAASIAPA, PAYPAY *
CAPITALROYA, Saxo Cap Mkts Pte Ltd and SKR*SKRILL.COM;
(d) any securities brokers, dealers, trading, or forex related transactions;
(e) any payment of insurance premiums;
(f) any real estate related transactions;
(g) school fees or any other education related fee transactions;
(h) any AXS transactions;
(i) any tax payments;
(j) any transaction subsequently cancelled, void or reversed; and
(k) any payment for any outstanding balance owing on the Credit Card account
from previous and/or other months.

 

[hygge island]

Excellent card. Was in Japan for 2 weeks and there are a whole lot of miscellaneous stuff this card can pay for and I think the exchange rates are wee better than most other cards I used while in Japan.

However, my payment due date is 25th Dec but on 18th Dec, my dbs already has giro deduction. That’s a full week earlier. This happens to be my first payment since I only have this card a little more than a month ago. Does anyone have same experience of early payment/ deduction?

 

[259850]

However, my payment due date is 25th Dec but on 18th Dec, my dbs already has giro deduction. That’s a full week earlier. This happens to be my first payment since I only have this card a little more than a month ago. Does anyone have same experience of early payment/ deduction?

Yes they deduct early by about a week.

 

[hygge island]

wow.. that's a lot earlier.. I don't recall other credit cards being that early. Ok, need to take note to top up account next time a week earlier to avoid unsuccessful deduction.

Nonetheless, I called up their CSO, who found it strange as well. And he is checking with management and will revert later.

 

[BBCWatcher]

However, my payment due date is 25th Dec but on 18th Dec, my dbs already has giro deduction.

December 25 is Christmas, a national holiday, and falls on a Monday this year (2017). So the last business day before your due date is Friday, December 22. Thus the GIRO deduction is only 4 days "early." That's a little early, perhaps -- 2 days seems about right -- but it's not unreasonable.

 

[259850]

December 25 is Christmas, a national holiday, and falls on a Monday this year (2017). So the last business day before your due date is Friday, December 22. Thus the GIRO deduction is only 4 days "early." That's a little early, perhaps -- 2 days seems about right -- but it's not unreasonable.

Just checked - GIRO deduction usually is on the 16th even thoufh due date is on the 25th. The only reason it was 18th this month is because 16th was a Saturday.

 

[johanyu]

Excellent card. Was in Japan for 2 weeks and there are a whole lot of miscellaneous stuff this card can pay for and I think the exchange rates are wee better than most other cards I used while in Japan.

However, my payment due date is 25th Dec but on 18th Dec, my dbs already has giro deduction. That’s a full week earlier. This happens to be my first payment since I only have this card a little more than a month ago. Does anyone have same experience of early payment/ deduction?

What are the other cards you used in Japan?
I think ICBC charges is 2.5%

 

[hygge island]

Ok, CSO called me up regarding my enquiry (see earlier post). And confirmed that ICBC deducts on 15th of the month even though the payment due date is 25th. This is to" be able to warn customer, if first deduction failed, to top up b4 actual date". Not a very good reason imho, but anyway, the pros of this card easily outweigh this payment date thingy.

What are the other cards you used in Japan?
I think ICBC charges is 2.5%

I used BOC, Everyday, CIMB master in japan.

 

[sgdividends]

how do u all check your list of transactions done?

I tried to sign up internet banking ..got the token..but have to download a stupid software ( like BOC)...and it doesnt work!

do they give a hardcopy send to your address?

 

[bin8lee]

how do u all check your list of transactions done?

I tried to sign up internet banking ..got the token..but have to download a stupid software ( like BOC)...and it doesnt work!

do they give a hardcopy send to your address?

Yes~~~~~~~~~~~

 

[sgdividends]

Yes~~~~~~~~~~~

Thanks ....

 

[BlackCube]

Have to use ie. Then download and install the add-on. Then can liao.

 

[hygge island]

I don't know how to install that software but lucky the app works well. So handphone is where I see transactions.

how do u all check your list of transactions done?

I tried to sign up internet banking ..got the token..but have to download a stupid software ( like BOC)...and it doesnt work!

do they give a hardcopy send to your address?