question

salary 100k per anum
ctos clean
ccris clean
1 secured card with pbb (pledge fd for it) 0 balance

what are chances of securing another cc unsecured ?
where can i get one approved quick ?
any advice much appreciated

question

salary 100k per anum
ctos clean
ccris clean
1 secured card with pbb (pledge fd for it) 0 balance

what are chances of securing another cc unsecured ?
where can i get one approved quick ?
any advice much appreciated

With the implementation of GST, will there be any fee when using credit card to pay bills through bank online portal?

Any suggestion of bank that accept FD pledge to have credit card? with no prove of income? Anyone has made it before? Thanks

No more service tax on credit cards

PETALING JAYA: Credit card holders will have to pay the 6% Goods and Services Tax (GST) on the card’s annual fee, but the RM50 service tax will be dropped.

“Some banks may however waive the annual fee upon request.

“Then in such cases, there will be no GST payable,” said Association of Banks in Malaysia executive director Chuah Mei Lin (pic).

Banking sources explained that the GST on the annual fee might vary from RM53 to RM500, depending on the type of card.

They said that cardholders could use their loyalty points or rebates to offset the 6% tax.

Chuah said the implementation of GST would also mean that the RM50 Government service tax on the principal cardholder and RM25 on each supplementary card, which has been imposed since Jan 1, 2010, would be abolished.

“Beginning April 1, this service tax will be abolished in accordance with the GST Act,” she said in a statement.

Chuah also made it clear that GST would not be imposed on late payment charges and finance charges.

“Late payment charge refers to the charge when the cardholder fails to pay at least the minimum monthly payment by the due date,” she said.

Finance charges, she said, were charges imposed on the cardholder on the outstanding balance which has not been settled on or before the payment due date.

Chuah also dismissed talk that cardholders would have to pay GST each time their card was swiped.

“GST is not chargeable when swiping a credit card to make payment.

“For example, if you eat at a restaurant which is registered for GST, and the bill comes to RM50, you will be charged 6% GST on the total bill. So the amount you have to pay would be RM53 (ie RM50 + 6%).”

“If you choose to pay for the bill using your credit/debit card, you will not be charged a further 6% on top of the RM53,” she said.

Customs Department GST director Datuk Subromaniam Tholasy said the abolition of the RM50 service tax would benefit cardholders as they would now only have to pay the 6% on the annual fee.

“For example, if an annual fee of a platinum card holder is RM500, then the cardholder will only need to pay RM530 (RM500 + RM30, which is the 6% tax).”

“The RM30 is obviously a lesser amount that a cardholder has to pay compared with the RM50 service tax,” he said.

i got 120k points with my citibank platinum..wat to redeem to make it worth...?

quick question, can i apply supplementary card for one of my immediate family who is  blacklisted in CTOS & CCRIS? will it get rejected?

i want to purchase umobile prepaid topup online using my credit card. which website offering this service?

mruncit. I always use that site to topup my umobile. 

In fact most local banks discreetly accept FD pledge. Maybank and Public Bank is the most well known one.

oh. zhow long the process will take?

As per normal application, around 2-3 weeks.

how's the procedures to get mbb cc via fd pledging?

Actually it is just like a normal application, you just attach your FD on top of your application. And of course, you have to apply at your FD acct home branch and a experienced financial executive to work out the formalities. After you apply, wait for the offer letter to arrive. After you return the offer letter to MBB, you will get your card in 3-4 days.