1. Call Citibank
2. Ask the CS politely whether the annual fee can be waived.
3. If you are nice then likely they will waive it for you.
4. No threathening tones or threats please.

CC users are civilised folks. If you can't get the waiver then either pay the AF or consider cancelling the card.

Yes, applicable to all credit and charge cards, regardless of whether there is an annual fee imposed on the card or not

Why go cancel it ???? Just wait for the banks to absorb the RM50 service fee.

RM50 is a lot less than a customer's worth.

I think bank wont hear folks at this forum. Bcoz majority of CC holder here pay in full. Furthermore, bank loose so much to pay rebates/points/cash back etc bcoz they cannot gain interest from the folks here. All folks here will not enjoy all the gift from bank bcoz there are start to cancel their CC. Thats why they are angry with govt. And the RM50 tax is not targeted to people who pay in full and hold so may CC bcoz definitely they will cut their CC. But people that trapped with debts, ezy payment etc. will benefits to the govt since they are not able to cut their CC.

Furthermore, i think this is past long term strategy between Bank Negara & Banks. If u revise the fact, the FFL Cards boom since last 2 years and people will start collecting the CC. In addition, Association of Bank start to introduce tier interest which is among the lowest in ASIA country. Hence, the possibility people to gain more debts is very high bcoz they hold to many CC. After bank got the statistics, then 2010 is a good time to impose CC tax since people in debt will hardly to cut their CC. At the end of the day govt+bank will share the profits. Bank gain interest, govt gain tax! Very good 'Pakatan Rakyat' of the bank and govt.

Just my 2 cents!

not sure how true is this...but I heard a Maybank staff telling another guy that the RM50 service tax is supposed to be effective January 2010. But MBB won't charge yet until they've made a decision on how to offset this tax for their customers...maybe in Dec.