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Credit Cards GST - Card issuers compensation, With certain minimum condition
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WhitE LighteR
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Oct 30 2012, 02:03 PM
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QUOTE(sg999 @ Oct 30 2012, 12:06 AM) no its not. 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.
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WhitE LighteR
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Oct 30 2012, 05:28 PM
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QUOTE(Titan_Gunners @ Oct 30 2012, 04:46 PM) Pls do not mix up between GST and annual fee... 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. Please check you facts before speaking.... http://www.ocbccards.com.my/annualFee.aspxThey dont call it GST offset, but call it annual fee bonus
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