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Credit Cards Citibank Credit Cards V3, Everything about Citi Credit Cards

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Garroth
post Sep 12 2014, 02:02 PM

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Joined: Mar 2011
From: Aurealis



Hey guys, I am planning to apply for the RM300 cashback rebate promotion but have a few questions:

1) The T&A says that 1 or 2 months after the qualifying period the cashback rebate will be reflected on statement, that means I have to spend RM300 after getting the cash rebate to enjoy the benefits without getting charged interests?

2) Any penalty if I cancel the card upon getting the cashback rebate?

3) Since GST is compulsory, in theory this rebate is only RM250 nett cashback rebate (have to pay RM50 GST)? Assuming that I'm only applying this for the promotion and cancelling right after?
Garroth
post Sep 13 2014, 08:47 AM

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Joined: Mar 2011
From: Aurealis



QUOTE(adele123 @ Sep 12 2014, 04:58 PM)
1) Yes, in other words. RM300 credit back to you. you spend on RM300 of stuff. Why would you get charged interest for getting money back? though i wonder

2) not that i heard of. maybe some regulars here can provide insight. though i kept the card for 10-11 months before i cancelled. that was end of last year. i applied last week for this promotion. biggrin.gif

3) yes, nett is RM250. 16.67% is you spend RM1500 ngam ngam.
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I thought this is for new Citibank customer? You can actually cancel all your Citibank cards then reapply and you will be eligible?

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