Lowyat.NET -> Finance, Business and Investment House -> Credit Cards, Debit Cards, Prepaid Cards and Loyalty CardsCredit Cards OCBC Titanium MasterCard Cash-Back v4, From 29-Nov, unlimited 1% cashback only
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 Nov 12 2013, 09:25 AM
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#1
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Senior Member
3,657 posts Joined: Jan 2003  
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Guys,
If keep continue using this card, can waive the GST (RM50)? So far, we just need spend over RM10K per year and then will get auto waive for it, right? Anyone know what is the new policy? |
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Nov 12 2013, 09:46 AM
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#2
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Senior Member
3,657 posts Joined: Jan 2003
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QUOTE(victorywp @ Nov 12 2013, 09:44 AM) the term waive should only be used for annual fee but not for gst. annual fee is charged by the bank and the bank can waive it for you because it is within their boundary. however, there is no waiver for gst because it is charged by the government not bank. and so it is against the law for a bank to waive cc gst. the correct term should be the bank absorb the gst for you if you spend over rm10k in a year (meaning that the bank pays the gst on your behalf). Yeah, you're right. Sorry...so if not spend over RM10k, bank will not absorb the gst for me    |
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Nov 27 2013, 11:17 PM
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#3
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Senior Member
3,657 posts Joined: Jan 2003
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Until today, OCBC never notify about "no more 5%" me.
No sms...no email... sigh... How about you guys? |
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Nov 27 2013, 11:47 PM
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#4
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Senior Member
3,657 posts Joined: Jan 2003
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QUOTE(lamode @ Nov 27 2013, 11:46 PM) no, nothing. maybe they wanna send it on the date itself?  Maybe only to new users but not existing users? So existing users still can enjoy 5% |
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Dec 17 2013, 08:47 PM
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#5
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Senior Member
3,657 posts Joined: Jan 2003
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QUOTE(roger roger @ Dec 17 2013, 06:18 PM) Ahahaha, ocbc still retain their 5% rebate off bill payment via ocbc.com.my up to rm50 cap. Good reason to continue to retain this card, ahahaha Is this true? How about auto-pay bill (elec, streamyx...etc)? |
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