InstaReM's AMAZE MasterCard

[plustwo]

protected by mastercard

different type of protection right? instarem is a debit card. the underlying card is a credit card. credit card protection is much better than debit.

 

[Trazora]

different type of protection right? instarem is a debit card. the underlying card is a credit card. credit card protection is much better than debit.

better in what way? Dun think it matters

 

[plustwo]

better in what way? Dun think it matters

if there's any fraud/dispute, debit card will hold your money until case closed but credit card will immediately credit you the difference back
the liability amounts also different for debit vs credit. you have larger window for credit card. not sure how instarem will handle it.

 

[CrashWire]

anyone found out what happens to cc purchase protection when go through instarem layer?

Different banks would have different policies, but the arrangement would be similar to PayPal.

 

[plustwo]

Different banks would have different policies, but the arrangement would be similar to PayPal.

seems like waive ease of protection for 1%

 

[plustwo]

got my card today and tested a few transaction on crmc. had to argue with cso for 30 mins about whether it would qualify. instant unlink and pair with wwmc instead

 

[Trazora]

hm, did you even wait for the points to be credited before having to argue with CSO?

 

[plustwo]

i have many more to charge so i called them up to check whether it qualifies before i charge more

 

[fr33d0m]

i have many more to charge so i called them up to check whether it qualifies before i charge more

you run a higher risk with DBS WWMC. the 9x only comes a month later.

LOL

 

[plustwo]

you run a higher risk with DBS WWMC. the 9x only comes a month later.

LOL

i'm not worried about wwmc. use for very long already. generally all online spend no issues. crmc is the problem child of all 4mpd cards because of their track record of having to call them to chase every transaction

 

[Trazora]

i have many more to charge so i called them up to check whether it qualifies before i charge more

just wait 1 couple days for points to be credited then u know for sure. CSO not able to advise one.

 

[Trazora]

i'm not worried about wwmc. use for very long already. generally all online spend no issues. crmc is the problem child of all 4mpd cards because of their track record of having to call them to chase every transaction

recently crmc not heard have any issue

 

[Suleyman]

i have many more to charge so i called them up to check whether it qualifies before i charge more

Yes calling the bank to check if it a loophole works is how you should go about it...

 

[plustwo]

Yes calling the bank to check if it a loophole works is how you should go about it...

it's not a loophole. there's no way they can do something like that without the blessing of the banks. whether the banks decide to backstab them later on is another question altogether

 

[fr33d0m]

it's not a loophole. there's no way they can do something like that without the blessing of the banks. whether the banks decide to backstab them later on is another question altogether

Why does it need the blessing of the banks?

does any merchant need the blessing of your banks to charge your cards? Visa and MasterCard’s primary job is to make sure that the merchants don’t need the permissions of the issuing banks to charge their clients.

 

[yiron]

Sharing is caring. Just do what Glenn of whatcard.sg does. Publicize all loopholes on his sites to gain traffic.

Mentioning of that site and his site makes my blood boil.

 

[plustwo]

Why does it need the blessing of the banks?

does any merchant need the blessing of your banks to charge your cards? Visa and MasterCard’s primary job is to make sure that the merchants don’t need the permissions of the issuing banks to charge their clients.

they are passing through the mcc from the original merchant

guys, rem to monitor...... i register 1 week ago+....already got fraud charges.

doesn't it send you notifications

 

[fr33d0m]

they are passing through the mcc from the original merchant

doesn't it send you notifications

That's between Instrem and MasterCard.

Nothing to do with the issuing banks.

 

[silverbomb]

it's not a loophole. there's no way they can do something like that without the blessing of the banks. whether the banks decide to backstab them later on is another question altogether

thanks for heightening the scrutiny of the Amaze card by DBS, since it's not a 'loophole'. you need to have a better undstd of how the card game works, not everyone will call hotline immediately asking for smth that will only be known when the points are awarded the following mth. those that play the game of cards will patiently wait for the points to award to test out the thing, but here you just want to know it immediately.

there's many things going on in the backend, especially via this amaze route it's slightly more challenging.

 

[silverbomb]

they are passing through the mcc from the original merchant

i hope u get the difference between MCC and online/offline. they are 2 different sets of indicators.

and if you're just wanting to know the MCC just for transactions clocked using DBS cards, please just use the DBS Virtual assistant to find out the MCC: https://milelion.com/2019/04/18/dbs...ides-mccs-and-rewards-points-per-transaction/