Citibank Cash Back VS OCBC Titanium Crediit Card

Which one is better??

Let do a comparison:

Citibank:

Source: http://www.citibank.com.my/MYGCB/APPS/portal/loadPage.do?path=/global_htm/cashback-platinum.htm&tabId=Credit%20Cards

The following terms and conditions are applicable to all cash rebates awarded under the Citibank Cash Back Platinum credit card issued by Citibank Berhad ("Citibank") to Citibank Cash Back Platinum cardmembers ("Cardmembers"):
[Note: For the avoidance of doubt, "Cardmembers" or "Cardmember"shall mean both the principal and supplementary cardmembers.]

(a) 5% cash rebate on all spending on petrol;
[Note: Cash rebates for petrol are capped at RM30 per month.]
(b) 2% cash rebate on all spending in Guardian and Watson pharmacies;
(c) 2% cash rebate on all spending on groceries at Carrefour, Tesco, Cold Storage and Giant;
(d) 2% cash rebate on all payments made via Citibank Online or through Citibank’s One Bill system for DiGi, Maxis and Celcom bills;
(e) 0.3% cash rebate on all other spending.

Points to Note:

-	Cash rebate shall be credited into your account when the accumulated cash rebate for a particular month reaches RM50, otherwise the cash back will be carried forward to the next month.
-	The amount of cash rebate which may be awarded to you in the period of one month for petrol spend shall be subject to the maximum limit of RM30.

OCBC:

Source: http://www.ocbccards.com.my/titaniumIndex.aspx

The OCBC Titanium Cash Rebate Programme structure is as follow:

	5% Cash rebate	1% Cash rebate
Monthly Retail Spend (RM)	5%	1%
Max. monthly cash rebate (promo period Aug - Dec 2010)	RM100	RM20
Max. monthly cash rebate during non-promotional period	RM50

Eligible merchants and their associated merchant category codes (“MCC”) under the OCBC Titanium Cash Rebate Programme are as follow:

5% Cash rebate on Petrol, Groceries, Utility Bills and Dining

i)	Petrol/Gas Stations (MCC codes 5541 and 5542)
ii)	Grocery Stores (MCC codes 5411, 5422 and 5451)
iii)	Utility Bills (MCC codes 4814,s 4815, 4816,4821, 4899 and 4900)
iii)	Restaurant (MCC codes 5811, 5812, 5813 and 5814

1% Cash rebate on other categories

i)	Any merchant categories that are not listed under the above 5% Cash rebate Petrol, Groceries, Utility Bills and Dining

Conclusion: Both maximum REBATE capped per month is RM 50. Citibank only RM 50 will paid you, else it go to next month.

But I think OCBC can reach faster to RM 50.

I will go and apply soon. What do you think.

Sign UP offer:

0% Credit Card interest till 31 December 2010. 50% cash back on all interest paid from Jan to July 2011, and 33% thereafter.
0% Balance Transfer for 6 months
Zero Annual Fee for the first year. For the subsequent year, annual fee will be waived with just 12 swipes a year.

Better review: http://creditcardsmalaysia.blogspot.com/2010/09/revamp-ocbc-titanium-master-card-cash.html