Mari Credit Card

[sohguanh]

So just receive the credit card statement, apparently the cashback is offset against the statement due, although not shown in statement, but in outstanding due to pay

Yes so we have three official cards I know of so far. Amex TCB, DCS Masters, Mari Credit Card. SCB Spree is unofficial though becuz it depends on your bill date and also no more accept new application so maybe gone anytime.

 

[Jirachi]

I don’t see the FCY fees an issue at all, Maribank isn’t pushing for it to be used overseas. You’re meant to use it with Shopee and more Shopee.

Instant checkout till September 2024 then use the linked card for 1.7%?

 

[sibeiTrolled]

From 23 Aug, reduction of FCY fees from 3.77% to 3%.

 

[sglandscape]

From 23 Aug, reduction of FCY fees from 3.77% to 3%.

Don't see why this would encourage proper people to use the card overseas

 

[xsoldix]

From 23 Aug, reduction of FCY fees from 3.77% to 3%.

not low enough.
should change too visa and make to 0%.
fight with another digital bank ma...

 

[sibeiTrolled]

should change too visa and make to 0%.
fight with another digital bank ma...

Haha, where to get the money? Already making a loss - https://fintechnews.sg/98578/digital-banking-news-singapore/maribanks-s51-9-million-loss/#:~:text=The digital bank saw its,year to S$51.9 million

And how to fight another backed by Union and a full fledge bank?
Money not enough
Elbow not greasy enough

 

[sohguanh]

Foreign currency spending usually target foreigners working in Spore. If Sporean usually is travel overseas often or those like to buy from foreign commerce sites. So I guess MariBank fist tight need to prioritize which group of customers they want to earn monies from logical?

 

[crystalnox]

Foreign currency spending usually target foreigners working in Spore. If Sporean usually is travel overseas often or those like to buy from foreign commerce sites. So I guess MariBank fist tight need to prioritize which group of customers they want to earn monies from logical?

Not really, I'm a big fan of the Trust card for overseas spending.
But I guess Maribank's focus should really be on driving more Shopee sales. Works very well for me as it's a bonus 5% on top of whatever vouchers I'm using, have switched over all Shopee spending to this card now.

 

[crystalnox]

From 23 Aug, reduction of FCY fees from 3.77% to 3%.

They shouldn't have reduced it. Now everyone who blur blur want to use one card for everything will be aware of the 3% fees since it was broadcasted to all their customer's app.

 

[DPR_Reborn]

They shouldn't have reduced it. Now everyone who blur blur want to use one card for everything will be aware of the 3% fees since it was broadcasted to all their customer's app.

Agreed. Ton of complains from the blur sotongs will be like, "huh! What 3%" , "Why 3% extra charge!? How to see?" All call in, with their feedback. Maybe it'll help our own grievances about this card and get it down to 0% lol.

Then again, they are making losses, so who knows. Best we can do is feedback. Youtrip only now intro the "transfer to balance to bank" option, so it pays for more voices in this

 

[shy3r]

Apply Mari Bank card, will have record in CBS report?

 

[carpark]

Can setup sms alert if there is transaction on the credit card? To be alert if any fraudulent charge. Cannot find any option in the app.

 

[wav35_]

Apply Mari Bank card, will have record in CBS report?

yes of cos, the 3 digital banks are all members of CBS
https://www.creditbureau.com.sg/about_cbs_members.html

 

[Shutterfly]

Not really, I'm a big fan of the Trust card for overseas spending.
But I guess Maribank's focus should really be on driving more Shopee sales. Works very well for me as it's a bonus 5% on top of whatever vouchers I'm using, have switched over all Shopee spending to this card now.

if you use cash back voucher, likely you need to use Shopee pay or MariBank saving account as payment method, thus you will not be getting bonus 5%

 

[TapInTapOut]

wow i got rejected and unsuccessful application for the Mari CC. first time i kena this...

i was thinking could it be my high outstanding balance 5.9k (which i paid in full in time) in January? because my rating is AA and my total unsecured credit limit is 7k leh. income also above singapore median, with regular CPF contributions and IRAS NOA properly showing my incomes also.

 

[sglandscape]

wow i got rejected and unsuccessful application for the Mari CC. first time i kena this...

i was thinking could it be my high outstanding balance 5.9k (which i paid in full in time) in January? because my rating is AA and my total unsecured credit limit is 7k leh. income also above singapore median, with regular CPF contributions and IRAS NOA properly showing my incomes also.

Don't think it is due to this. Have 4x monthly income of unsecured loan outstanding and still got approved.

 

[crystalnox]

if you use cash back voucher, likely you need to use Shopee pay or MariBank saving account as payment method, thus you will not be getting bonus 5%

Good point, I’ve only been using the SAP vouchers recently.

 

[wav35_]

if you use cash back voucher, likely you need to use Shopee pay or MariBank saving account as payment method, thus you will not be getting bonus 5%

yeah i realised that too. most of the better vouchers like 15% cashback capped at 1k, 2k coins always require users to use shopeepay or mari bank acct to check out. i used two such vouchers today and its the same thing.

hopefully they can remove this restriction since i suppose they are promoting the CC this period.

 

[sohguanh]

if you use cash back voucher, likely you need to use Shopee pay or MariBank saving account as payment method, thus you will not be getting bonus 5%

Not really the voucher I use I pay using Mari Credit Card. They got many vouchers just happen those you use need that two payment modes.

 

[amazingone]

Can setup sms alert if there is transaction on the credit card? To be alert if any fraudulent charge. Cannot find any option in the app.

Only app and email notification for now.