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Credit Cards OCBC Titanium MasterCard Cash-Back v4, From 29-Nov, unlimited 1% cashback only

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yflai1
post Nov 19 2013, 09:37 AM

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Joined: Feb 2009
QUOTE(David83 @ Nov 18 2013, 07:09 PM)
I doubt that. The cash back is killing the banks.
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Agreed. The signs r telling. The pioneer banks like Ocbc and maybank r reducing their benefits drastically. I wont be surprised Maybank will b next to reduce their mbb2 card benefits. They've done twice this year.

The target is to achieve a certain amount of cardholders. Once that is achieved, they will have quantity to sustain or improve the profits even if some ppl stop using or decides to cancel the cards.

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