Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards GST - Card issuers compensation, With certain minimum condition
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 Jul 25 2012, 10:35 AM
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#1
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Senior Member
1,573 posts Joined: Sep 2010 
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QUOTE(kurtkantoi @ Jul 25 2012, 08:04 AM) Aeon card - Spend RM250 in retail transaction within 2 months. They will give the rebate on 3rd months. Just received my Aeon card yesterday. Let see when RM50 cash will be creditted into my account. Website stated only need 3 swipe, but do not mention about the swipe amount. |
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Oct 30 2012, 04:46 PM
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#2
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Senior Member
1,573 posts Joined: Sep 2010
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QUOTE(WhitE LighteR @ Oct 30 2012, 02:03 PM) no its not. Pls do not mix up between GST and annual fee... MBB2 assuming you have x5 TP with Amex card, you only need to spend 2k vs 10k for OCBC. Besides other card have swipe X time with no min amount will offset GST policy. So in that sense OCBC is one of the worst.  OCBC do not waive GST, but why still many of us having it? Pls consider the nett value given by this card.  I am afraid to swipe certain time/ amount is mainly to offset annual fee, not GST. |
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Oct 30 2012, 05:34 PM
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#3
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Senior Member
1,573 posts Joined: Sep 2010
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QUOTE(WhitE LighteR @ Oct 30 2012, 05:28 PM) Please check you facts before speaking.... Nice shot..... http://www.ocbccards.com.my/annualFee.aspx They dont call it GST offset, but call it annual fee bonus They call it annual usage bonus....Thanks for your facts....  |
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