Guys, is it 1st credit card of applicants will not get charged on the Goverment Service Tax RM50?
Credit Cards Credit Card v18, Post/Ask general questions here, Please read post 1-3 before posting, tq
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 Jun 9 2014, 11:38 AM
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#1
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1,552 posts Joined: May 2010 From: In your liver 
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Jun 9 2014, 12:01 PM
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#2
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1,552 posts Joined: May 2010 From: In your liver
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QUOTE(fly126 @ Jun 9 2014, 11:53 AM) GST is charged once the (every single) card is approved and not necessarily activated or not... Cause I heard from my siblings said something like 1st credit card can claim back the GST from somewhere else...  |
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Jun 9 2014, 12:16 PM
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#3
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1,552 posts Joined: May 2010 From: In your liver
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Ohh okay, cause my siblings told me "actually 1st credit card the government tax is refundable" or something like that, so I thought like government encourage us to have 1 credit card or something like that...and I have been paying it for 1 year for my only credit card
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Jun 9 2014, 02:52 PM
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#4
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1,552 posts Joined: May 2010 From: In your liver
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QUOTE(cappuccino vs latte @ Jun 9 2014, 02:40 PM) are you sure the gov is encouraging us to have credit card? I though BNM is pushing on debit card usage for the purpose of prudent financial management? Yeah, that's where the "I thought" kicks in  |
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Jun 9 2014, 02:53 PM
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#5
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1,552 posts Joined: May 2010 From: In your liver
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QUOTE(victorywp @ Jun 9 2014, 12:22 PM) no, first credit card will also be charged with rm50 gst. That's my understanding... just that my siblings told me otherwise....but some banks will absorb the rm50 gst for the first year (pay on your behalf to gov) if you apply and use their credit card. |
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Jun 10 2014, 10:09 AM
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#6
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1,552 posts Joined: May 2010 From: In your liver
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Currently I'm using UOB One Card, I'm wondering if there is any other credit card (expect Wise Card) that provide up to 7% petrol cash rebate or higher than UOB One Card?
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Jun 11 2014, 10:48 AM
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#7
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1,552 posts Joined: May 2010 From: In your liver
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QUOTE(fly126 @ Jun 10 2014, 10:04 PM) Citibank-Shell Card, Previously this is in part of my list as well until I realize the tier thing and immediate out of my list U Have to Spend at Least RM$2500 a Month (Must Included $1700 on Others Spend + $800 on Shell Fuel) baru can Get 8% on Shell Fuel Rebate & You Only Can get 8% Rebate from the $800 Shell Fuel Spends Not All Based on Your Total Spending $2500...  the Cash Rebate is On Tiers Based Like ie, If the Cardmember's Monthly Total Spend falls under Tier 3, the Rebate on Shell Fuel Spend earned by the Principal Cardmember will be 8.0% of the Monthly Total Spend on Shell Fuel subject to the Maximum Shell Fuel Spend to Earn Rebates of RM800 only. Tier Monthly:Total Spend (Shell Fuel Spend + Non Shell Fuel Spend) : Rebate on Shell Fuel Spend : Maximum Shell Fuel Spend to Earn Rebates 1 : RM300 to RM999 : 4.0% : RM250 2 : RM1,000 to RM2,499 : 6.0% : RM500 3 : RM2,500 and above : 8.0% : RM800  |
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Jun 11 2014, 10:49 AM
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#8
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1,552 posts Joined: May 2010 From: In your liver
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QUOTE(sj0217 @ Jun 10 2014, 10:21 AM) For Petrol, MBB2 Amex 5% rebate plus x5 point (equal 2% rebate) total 7% , but this is only applicable on weekends, not weekdays Too bad the point only can be used to buy something usually expensive... correct me if I'm wrong |
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