i'll postpone until december to start cancelling my cards since still have time...might change the decision anyway since there is alot of protest from the industry

Cancelled CIMB and HLB credit cards. CIMB because of Najib and HLB because they are one of the suckiest bank (in my experience).

Also sending a letter to Citibank to remind them I canceled them almost a year ago. They have not stop calling and mailing me with promotions, makes them like a sticky rice ex-gf.

very good...
I 've just terminated my 5 credit cards - Alliance ikea, EON Matta&GSC, Maybank Ikhwan&Gold AMEX... feel like a huge relief with a lighter wallet

Hi there, have search around the thread, but can't seems to find the interest, might as well asking here

I am news CC user for EON-GSC.

Says like if I going to purchase a TV with RM2,500, and the shop don't offer any easy payment plan, and on the next statement, says the minimum payment is RM500, if I pay RM500, I wont face any late payment penalty, but interest right?
The interest is based on the outstanding pay right?
so its RM2,000 x how many % of interest?

Just interest to know, hope you all can clarify this

why not convert it to MY PAYMENT PLAN?

aiduh...bro, u shd not cancel Gold Amex yet!!!!!!

see Amex thread now!

No. I found out through M2U. They will also send a letter to you informing you of the approval. But thanks to the excellent service by Pos Malaysia, I got the cards before the letter arrived.

BTW, should Najis go on with the plan, I really2 hope that they will only charge per customer per bank. So you can have combined limit cards from one bank, and charged only RM50. Can take advantage of different benefits. The Star made a huge noise about the service tax. Front page some more! Bravo!

its quite expensive leh 18% per annum but daily calculated, long time didn't see the interest since keep changing

i know there is 15% rebate.. but i'm not staying in klang valley now, furthermore i dont wanna spend too much of money because of that

ya.. its promotion only limited to klang valley stores, its unfair..

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This post has been edited by Asus: Nov 2 2009, 10:10 PM

this is just another AMEX business gimmick by Maybank to retain their customers... they know a lot of AMEX card holders are going to cancel their cards due to the RM50 service tax

glad that you not falling into the trap.

Haha its limited to total of RM4,000,000. And we would not know when the limit will be reached. Bank can tell us any time the limit is reached and they do not need to pay us the rebate...

hmm.. I've got 2 HSBC, 1 MBB and 1 PBB (*gasp, worst card of the lot IMB)

Shall cut PBB and MBB. At least hold 1 international card (Visa and Master)

My Payment Plan? service from EON Bank or?


aww, 18% per annum, 1.5% per month?
says like I got RM2,000 outstanding
RM2,000 x 1.5% = RM30 interest eh?

RM4 million is quite big. You should be able to get it for the first 2 months. I remember PBcash back is only 300k per month, I still get it even I spend on the 26th on the month.

You can only spend RM1000 a month to get the maximum 15% rebate (capped at RM150)

RM4,000,000 / RM150 / 4 months = 6,667 AMEX cardmembers will benefit if each uses for 4 months.

Great to buy items ~RM1,000. Time to plan for Sony Alpha Accessories...

flexi payment plan from eon bank, take note u'll be charge a one time handling fee