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 Credit card V8, Anything about it

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summerboyz
post Oct 28 2009, 12:13 AM

~~KuMi kUmI~~
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QUOTE(MilesAndMore @ Oct 27 2009, 11:10 PM)
Oh. Then cancel your CIMB Petronas Mastercard then. Teach them a lesson  laugh.gif
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this isn't bank decision wat..but what i can say is stupid tax to reduce buying power in such a "good" economy, malaysia boleh!
summerboyz
post Oct 28 2009, 12:25 AM

~~KuMi kUmI~~
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Senior Member
741 posts

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QUOTE(Shinichi @ Oct 28 2009, 12:14 AM)
I think it might increase buying power... if bank impose rule like u need to spend xxx amount to get CC tax waiver...
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but then with immediate effect it will reduce bankcard applications and increasing cancellation, since card holder reduced, every one prefer using cash near the future or debit cards indeed, how long it takes for the economy to regrow ler..to make the economy drop can be fast, same as the new implementation of rm50 everyone canceling their cards furthermore it's another burden for bank wat. bank is suffering now, it's not like a good time for bank now. why give heavier burden to them ler..


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