Credit card V8

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Credit card V8, Anything about it

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bingozero	Nov 21 2009, 02:04 AM Return to original view \| Post #21
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	Who will know last minutes they announce for the cc tax charge? Then it is too late to terminate the card now. So far I just terminate Cimb only, amex gold cc and petronas still in my hands
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bingozero	Nov 26 2009, 12:58 AM Return to original view \| Post #22
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	QUOTE(David83 @ Nov 25 2009, 09:27 AM) More opinions on the RM 50 tax: URL: http://biz.thestar.com.my/news/story.asp?f...37&sec=business With just a month towards Jan 1, there is not much time for card users to arrange for cancellations especially when they have to wait for their latest statements to make the last payments. Cancel it now before they announce the tax charge in last minutes
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bingozero	Dec 1 2009, 05:47 PM Return to original view \| Post #23
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	QUOTE(pisang @ Dec 1 2009, 03:22 PM) dear all, i called AM bank to cancel my CC due to the RM50 tax in 2010. i was told that the existing customers will only be charged when the card "expired" in 2010. for example, my card approved in may 2009, the tax will only be charge in may 2010. Not jan 2010. Is that correct? pls share you info. I don't know how the tax charge on the credit card, but I am sure that ALL credit card are not escape from tax charge after 2010
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bingozero	Dec 6 2009, 03:30 PM Return to original view \| Post #24
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	QUOTE(MNet @ Dec 6 2009, 03:00 PM) why standard charter requirement for gold and classic is same? RM18k/annual. http://www.standardchartered.com.my/person...-mastercard/en/ If like that go to apply their gold card
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bingozero	Dec 8 2009, 06:17 PM Return to original view \| Post #25
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	Any one received the conformation letter that send by the bank after cancel the cc? I already cut my cc about 2 week, still no letter from the bank.
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bingozero	Dec 9 2009, 08:27 PM Return to original view \| Post #26
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	QUOTE(fauzistt @ Dec 8 2009, 10:22 PM) ..i faxed letter cancelling my OCBC card, they replied almost immediately (less than 1 week) via letter, no pujuk-pujuk one... QUOTE(MilesAndMore @ Dec 9 2009, 12:19 AM) As far as i am concerned, only Maybank will send out the confirmation letter. All others including American Express will not. QUOTE(winner @ Dec 9 2009, 08:58 AM) Some other banks also give confirmation letters, such as HLB, CIMB and Alliance based on my personal experience. Already call CIMB, they haven't received my letter from the branch yet after surrender my card for 2 weeks I don't want to wait for last minutes, next week keep contact them
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bingozero	Dec 10 2009, 05:28 AM Return to original view \| Post #27
♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥♥ Senior Member 4,522 posts Joined: Jan 2009	QUOTE EON Bank lowers credit-card receivables target KUALA LUMPUR: EON Bank Bhd aims to achieve 10% to 15% growth for its credit card receivables next year from the expected RM1.4bil receivables this year. Group chief executive officer Michael Lor said the target growth was lower than the 18% goal this year as the bank expected the market conditions to have some impact on its credit card business. “There has been significantly fewer credit card applications. However, we will still be able to maintain double-digit growth next year with our strong proposition,” he said after the prize-giving ceremony for EON Bank’s recent The Storm Warriors movie premiere contest. The bank plans next year to launch another credit card with shopping features. It is looking at 750,000 cards in circulation next year from 660,000 cards currently. Michael Lor (right) and EON Bank group consumer banking card and unsecured lending head Aaron at the prize-giving ceremony » Click to show Spoiler - click again to hide... « Its non-performing loan for its credit card business stands at 2.3% currently, compared with about 2.5% for the industry. The average card spending per EON Bank-issued credit card is about RM6,000 per year. On the implementation of the RM50 service tax per credit card next year, Lor said the service charge implementation would affect all issuers as well as EON Bank. “We have a large base of customers who are active card users so the impact would not be significant for us. “It is not a matter of convincing the Government (to not impose the tax), it is a matter of re-looking at our core business model and positioning ourself (to adapt to the changing landscape),” he said. http://biz.thestar.com.my/news/story.asp?f...69&sec=business This post has been edited by bingozero: Dec 10 2009, 05:29 AM
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