Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCharge Cards Al-Rajhi Charge Card v1
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 Jun 24 2012, 12:47 PM
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21,962 posts Joined: Dec 2004 From: KL   
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QUOTE(Gen-X @ Jun 24 2012, 12:43 PM) Ok let's see, assume one get CL 10K. So can get cash RM5K. Deposit into FD 4% for 2 months, get interest about RM33. Less GST, Annual Fee and RM10 service charge, still rugi about RM97. but 1st year also no GST and annual fee waiver?To break even need CL about RM30K.  Assuming 1st year is waived then just pay back all b4 next year and cancel the card? |
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