The Star today confirmed it. Gonna go cut all my credit cards today. Not gonna let the stupid gomen tax me.

For those bank who keep delaying you when you wanna cut your credit card, think again my friends. Once you kena tax, can you call them up again and scold them and hope they will refund back to you? No mercy, do not hesistate.

PM + Finance Ministers annoucements > Bank Negara letter.

Welcome back to zamam purba Malaysians. Use your cash. Maybe later gomen wanna tax the cash money we use. Then we trade je la.

Happy Xmas and Happy Cutting Credit Cards. Haha

ic, that's bcoz u still hv alliance plat
for me, if friday, swipe everything with JustOne
if normal days, swipe AMEX Gold 1st if can use it

if that's the case, I can get the fresh rebate earlier than u

Regarding Item 7 International Transactions above, I have some inputs that i would like to share

These are the "exchange rates" I that i had in Indonesia. All have been done on the same date and same place.

Date of Transaction : 08-11-2009

Maybank Visa : 0.000365751
SCB Master : 0.000367261
Alliance Visa : 0.000373044

This actually negates the "Nil" Charges for Alliance bank. Does anybody else has similar findings?

This post has been edited by mrgekko81: Dec 21 2009, 12:32 PM

Thanks! Read online just now. May i know what is anniversary date? Where to get it?

Calling CIMB to confirm my cancellation.
Have been waiting for at least 20 minutes and counting.....

wow, they're busy.

my experience with credit cards cancellation (I go to their branches & terminate it):

UOB - efficient
Maybank - very slow (the credit card balance is still there in maybank2u after cancellation - makes me wonder whether they terminate it properly)
CIMB (DA) - ok (but the credit card balance is still there in cimbclicks after cancellation - same lousy as maybank )
HSBC - slow service in their branch but the hsbc.com.my account was terminated immediately
Alliance - lousy & slow bank officer
Public bank - efficient, internet account will be terminated after 4-5 days cancellation of cards at branch
Citibank - very efficient (but they will persuade you till maximum level before you terminate it) - citibank online account will be terminated immediately
EON bank - efficient (internet account was terminated too)

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Added on December 21, 2009, 1:50 pmjust check your credit card expiry date (can find on your card "valid thru" - the expiry month)

http://www.thestar.com.my/news/story.asp?file=/2009/12/21/nation/5343737&sec=nation

This post has been edited by muscaa: Dec 21 2009, 01:50 PM

[quote=muscaa,Dec 21 2009, 01:39 PM]
my experience with credit cards cancellation (I go to their branches & terminate it):

UOB - efficient
Maybank - very slow (the credit card balance is still there in maybank2u after cancellation - makes me wonder whether they terminate it properly)
CIMB (DA) - ok (but the credit card balance is still there in cimbclicks after cancellation - same lousy as maybank )
HSBC - slow service in their branch but the hsbc.com.my account was terminated immediately
Alliance - lousy & slow bank officer
Public bank - efficient, internet account will be terminated after 4-5 days cancellation of cards at branch
Citibank - very efficient (but they will persuade you till maximum level before you terminate it) - citibank online account will be terminated immediately
EON bank - efficient (internet account was terminated too)

I'm a user of EON, HLB and CIMB cards.
Well, CIMB is having the worst rating in terms of customer service.
I don't understand why is it so hard to get in touch with them.
Hung up my call after 35 minutes of waiting just now.
Sent them an email to request for an immediate reply.

Bad CIMB bad....

want to ask if we cancel every year b4 anniversary, will we still be charged the RM50
eg: my maybank card expiry is month February, so i cancel it on January, then apply back on February

wat u guys think? i know its pretty stupid and im sure banks will put up some kind of counter measure since they're smarter than us consumer...just curious

..new card, from 01.01.2010 onward, the service tax will be charged upfront.. that's what i understand...

I think the thing goes this way..

If ur card expiry date is let's say

11/12

So only on November u will be charged

Let's say ur card expiry on Feb..

U cancel on Feb.... there should be no charge as I guess

Then if you re-apply on March... the tax shall be imposed immediately

Can anyone confirms this???

If you apply back in February, you are being charged Rm50 upfront. Not a good move btw.

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Added on December 21, 2009, 4:54 pm

This post has been edited by Putraskyline: Dec 21 2009, 04:54 PM

Hey that means we can apply for the American Express for the 15% rebate until end of February... then cancel it before anniversary date of late next year.

If we get approved in the next 2 weeks, that is.

its confirmed.. stupid rm50 tax..

now cutting my cards.. to star shape... =p

The quota is most likely already full by 31/12/09. Good luck.

have to reconfirm this if our cards expire in 2012 let's say July whether it will be charged next year or 2012 as anniversary date does not mean expiry date

This post has been edited by DarReNz: Dec 21 2009, 06:41 PM

Don't get confused between card expiry and card anniversary. Anniversary on its own indicates every year occurance. You'll be charged the service tax on July 2010.

Mind posting the amount in Rupiah and RM? Also the posting date for the transaction. There is a 1.5-1.9% diff from the numbers you posted above.

The last batch of SCB JustOne was approved around Aug. It doesn't really make sense if those cards are given only 4 months to enjoy the yearly rebates. I wish to get a fresh RM600 rebate in Jan too. Anyhow, you try and update us.


I don't think you can get your card in 2 weeks. MBB and Amex are busy processing card cancellation cases. When you receive the card, say in Jan, you will be charged an upfront service tax immediately and the maximum payout of RM4mil has finished too.


Anniversary = Yearly

totally understand now...means no escape

Will be cutting my card but stil have to keep 1 for security purposes.