Tag Archives: Hong Leong Bank

The Third Way of Shopping – Mach by Hong Leong Bank

Imagine that when you saw a iPhone 5 16GB selling in price RM 2,199 and you’re interested to own it, the traditional buying method is either pay with cash, or pay with card (charge card, credit card, or debit card).

Mach by Hong Leong Bank

Mach by Hong Leong Bank has introduced the third way of shopping, and they have launched a new campaign on a new website – thirdway.my. Francesco Vallecoccia from Antics Studio has contacted me 2 weeks ago to give me the opportunity to review it. Unfortunately I felt sick, so this review post just have to postponed until today.

According to Francesco, one of the main idea of third way is:

3rd way allows people to buy the things they want without having to use your credit card or spend your cash. You can plan to spend your money for holidays,gadgets,restoration,items and for getting amazing deals and pay for this new exciting adventure in the future, helping you to get the things you want hassle free.

If you read the thirdway.my carefully, you will notice that third way is actually close related to Continue reading

Hong Leong Bank Master Credit Cards

Hong Leong bank

Hong Leong Bank Master Classic

Benefit

  • Free Travel insurance coverage up to RM350,000
  • Cash-On-Call – Call for your emergency cash of up to 90% of your card’s available credit.
  • Hong Leong Club Rewards (Unknown earning ratio)

Annual Income – RM 18,000
Annual Fee – Principle RM 80, Supplementary RM 40

Hong Leong Bank Master Gold

Benefit

  • Free Travel insurance coverage up to RM500,000
  • Cash-On-Call – Call for your emergency cash of up to 90% of your card’s available credit.
  • Hong Leong Club Rewards (Unknown earning ratio)
  • Up to RM 600 Accompanied Flight Luggage Delay by more than 6 hours Insurance.
  • Up to RM 1,500 Accompanied Flight Luggage Loss by more than 48 hours Insurance.
  • Up to RM 600 Missed Flight Connection by more than 4 hours Insurance.
  • Up to RM 600 Delayed / Cancelled Flight for 6 hours or more Insurance.
  • Dedicated Travel Services
  • Free air ticket delivery nationwide and complimentary KLIA Ekspres return ticket when you purchase any air ticket/packages worth RM3,000 and above.

Annual Income – RM 30,000
Annual Fee – Principle RM 160, Supplementary RM 80

Hong Leong Bank Master Platinum

Benefit

  • Up to 2% cash rebate monthly*
  • Hong Leong Club Rewards – RM 1 = 1 point.
  • A dedicated Travel Service at no extra cost
  • Free usage of Plaza Premium Lounge in KLIA upon purchase of any air ticket or travel package with minimum charge of RM3,000
  • Comprehensive Travel Protection of up to RM2,000,000 (RM 1,700,000 for air accident, RM 300,000 for personal accidents)
  • Retail Purchase Protection of up to RM10,000
  • Enjoy preferential Forex rates
  • AIR TRAVEL INCONVENIENCE INSURANCE (refer http://www.hlb.com.my/pfs/cc/ccpc_tpt.jsp?flag=ccpc)
  • Toll-free Platinum Customer Service Line
RM 10,000 – RM 25,000 0.2%
RM 25,001 – RM 50,000 0.5%
Above RM 50,000 2%

Annual Income – RM
Annual Fee – Principle RM 400, Supplementary RM 200 (1st supplementary card are Free)

Hong Leong Bank Master Platinum Business

Benefit

  • Cheque Facility
  • Personalized Business Credit Card
  • Dedicated Travel Services at No Additional Charge.
  • Savings on First & Business Class Air Tickets
  • Comprehensive Travel Protection of up to RM2,000,000 (RM 1,700,000 for air accident, RM 300,000 for personal accidents)
  • Retail Purchase Protection of up to RM10,000
  • Enjoy preferential Forex rates
  • Exclusive Business Partners’ Discounts and Privileges
  • Year – end Consolidated Statement

Annual Income – RM 60,000
Annual Fee – Principle RM 400 (Free if use 2 times per month for 12 months or minimum usage of RM 15,000 annually), Supplementary RM 200

Eligibility – Principle 21 years old, Supplementary 18 years old

Joining Fee Free
Cash Advance Fee Minimum RM 20 or 5%
For Platinum Business Minimum RM 20 or 3%
Minimum Monthly Repayment Minimum RM 50 or 5%
Over-limit Fee RM 10
Late Payment Charge Minimum RM 5 or 1%, capped on RM 50
Interest Free Period 20 days
Platinum Business up to 60 days
Card Replacement Fee RM 50
Conversion For Overseas Transactions Determined by MasterCard International plus 1% administration cost
Sales Draft Request RM 20/draft
Statement Request RM 5/statement

For more information, please visit http://www.hlb.com.my/

Hong Leong Bank American Express Credit Cards

Hong Leong Bank

Hong Leong Bank is one of the 2 American Express Card issuers in Malaysia. Hong Leong Bank offers 3 types of American Express Credit Cards which are Classic, Gold, and Platinum.

Classic

Hong Leong American Express Classic

  • Free up to RM 350,000 Travel Accident Insurance (When you charge your airticket to Hong Leong American Express Classic Card)
  • Free Travel Inconvenience Insurance – Compensate up to RM 1,500 for flight delayed/cancelled, baggage delayed/lost and misconnection (When you charge your airticket to Hong Leong American Express Classic Card)
  • Rewards Program – Every RM 1 charged on retail purchase, you earn 1 points. Can redeem free gift, Government Service Tax. (Expired after 3 calendar years)
  • Double Points when you use on overseas
  • Global Coverage by over 1,700 AMEX travel offices in over 130 countries.

Eligibility – Principle 21 years old and above, Supplementary at least 18 years old

Annual Income – Minimum RM 18,000

Annual Fees – Principle RM 80, Supplementary RM 40

Learn how to reduce credit card debt before it getting worse.

Gold

Hong Leong American Express Gold

  • Free up to RM 500,000 Travel Accident Insurance (When you charge your airticket to Hong Leong American Express Gold Card)
  • Free Travel Inconvenience Insurance – Compensate up to RM 3,000 for flight delayed/cancelled, baggage delayed/lost and misconnection (When you charge your airticket to Hong Leong American Express Gold Card)
  • Gold Assist travel information and emergency assistance (e.g. Medical Services) overseas online and offline 24 hours a day, 365 days a year.
  • Rewards Program – Every RM 1 charged on retail purchase, you earn 1 points. Can redeem free gift, Government Service Tax. (Expired after 3 calendar years)
  • Double Points when you use on overseas
  • Global Coverage by over 1,700 AMEX travel offices in over 130 countries.

Eligibility – Principle 21 years old and above, Supplementary at least 18 years old

Annual Income – Minimum RM 36,000

Annual Fees – Principle RM 160, Supplementary RM 80

Platinum

Hong Leong American Express Platinum

  • Platinum Personal Service
  • Global Coverage by over 1,700 AMEX travel offices in over 130 countries.
  • VIP services at 272 Small Luxury Hotels in over 50 countries around the world
  • A selection of international 5-star hotels and chains such as Four Seasons Hotels and Resorts in Asia, Hyatt Hotels and Resorts and the Raffles Hotel Group
  • 14,000 Business Hotels and enjoy up to 60% off on the Standard Corporate Rate
  • Free bottle of wine or Up to 30 savings on a-la-carte menu or Wine Club membership or dish or desserts (When you take your dinner in their Platinum Restaurant partner)
  • Free Retail Protection.
  • Year End Summary Statement that consolidate your credit card spending.
  • Double Bonus Points for retail purchases made overseas on your card.
  • Air Travel Accident Insurance of up to RM1.7 million. (When you charge your airticket to Hong Leong American Express Platinum Card)
  • Overseas Personal Accident of up to RM300,000.
  • Travel Inconvenience Insurance.(When you charge your airticket to Hong Leong American Express Platinum Card)

Eligibility – by invitation only

Annual Income – Unknown

Annual Fees – Principle RM 800, Supplementary RM 400


Other Fees (Applied to all American Express Credit Cards)

Joining Fee Free
Cash Advance Fee 5% or minimum RM 20
Minimum Monthly Repayment 5 % or minimum RM 50
Over-limit Fee RM 10
Late Payment Charge Minimum RM 5 or 1%, max RM 50
Interest Free Period 20 days from statement date provided the current balance of your previous statement is fully paid by payment due date. Otherwise, interest shall be charged on retail purchase transactions from respective posting dates
Card Replacement Fee RM 50
Conversion For Overseas Transactions Determined by American Express plus 1%
Sales Draft Request RM 20/sales draft
Statement Request RM 5/statement/month

For more information, please visit http://www.hlb.com.my/