QUOTE(hAnn @ Oct 31 2009, 02:40 PM)
which bank povides fastest cc approval?
Most probably Citibank.QUOTE(simplesmile @ Oct 31 2009, 05:34 PM)
What's your personal feel about this whole issue? I can think of 3 outcomes. Which outcome is the likeliest? Any other possible outcomes?
1. The Government reverses it's Budget proposal in view of pressure from the public and card issuers. I cannot recall any proposals being withdrawn from previous Budget annoucements.
2. The card issuers absorbs the service fees.
3. The card issuers pass on the service fees to the consumers.
I hope 1PM will reverse it. It's not like they have never done such thing before. I mean in the past they announced they are going to do this and that and a while later they took a 180° turn and said they are not going ahead with it.1. The Government reverses it's Budget proposal in view of pressure from the public and card issuers. I cannot recall any proposals being withdrawn from previous Budget annoucements.
2. The card issuers absorbs the service fees.
3. The card issuers pass on the service fees to the consumers.
I personally feel that there is very little chance for the bank to absorb the cost on its customers' behalf. But then i'm not ruling out on it completely either. If 1PM ignore all public objection and decide to go ahead with his genius plan, i hope he will at least make some changes to his initial plan and only tax those who actually owe credit card money to the bank.
This post has been edited by MilesAndMore: Oct 31 2009, 06:17 PM
Oct 31 2009, 06:13 PM
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