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Credit Cards GST - Card issuers compensation, With certain minimum condition

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SUSlifeless89
post Apr 3 2015, 04:26 PM

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QUOTE(destiny6 @ Oct 20 2011, 01:48 AM)
UOB call and perform anti attrition within 1week after req cancel card, offer RM50 cash credit

average spending per month that time around 800-900
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Lol my card average spending is rm100 per mth. They waived my annual fees for 3 yrs.
SUSlifeless89
post Apr 3 2015, 04:27 PM

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QUOTE(victorywp @ Nov 6 2013, 02:13 PM)
this thread is talking about gst not annual fee...  smile.gif
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But gst comes tog with annual fees. No? Gst is charged on top of annual fees, replacing the service tax. So gst and annual fees come hand in hand.
SUSlifeless89
post Apr 3 2015, 04:30 PM

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QUOTE(Pink Spider @ Mar 26 2013, 10:30 AM)
To reprise, banks paying your GST is illegal, but giving you a credit/rebate/bonus reward points that you would not get had you not call up the bank to request for GST offset is not illegal. Banks do not have to justify to authorities their reward programmes, its all marketing/promotional matters. Correct me with facts if I'm wrong.
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Hello. It is NOT illegal for banks to pay the gst. This is called absorbing gst as part of their cost. Meaning they pay on behalf of us. Remember, GST has inclusive and exclusive. So it is not a problem.
SUSlifeless89
post Apr 3 2015, 05:36 PM

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QUOTE(victorywp @ Apr 3 2015, 05:28 PM)
you are replying to 2013 comments. lol...
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Lol I never see date. Ahahaha
SUSlifeless89
post Apr 3 2015, 08:13 PM

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QUOTE(victorywp @ Apr 3 2015, 05:40 PM)
lol... and you not even realised your another reply to 2011 comment? brows.gif
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Lol reply urs now, luckily I'm replying 2015. Hahahaha
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