You're so confused.

The article is only mentioning about credit GST.

Nothing related to items you purchased. Whatever you purchased has nothing to do with the bank. GST calculation for the final amount to be swiped and charged to your card has nothing to do with the bank.

This post has been edited by David83: Jan 12 2015, 11:00 PM

so credit card statement RM10,000 + 6% end up we need to pay rm10600?

before we go waving our hands
6% on what ??

if total amount spend then this is shit big time

Not related.

Not related.

This post has been edited by David83: Jan 12 2015, 11:01 PM

no la..

why bank wanna charge u? the product is merchant's one, so one time gst lo? bank/credit card charge gst on their service only which is annual fee. not on the product.

thanks for clearing up. if not, i have to cancel my 2 newly approved cards

no la.. it you bought something in shop, rm10000 + rm600.. if swipe card will be rm10600.. when statement come is 10600 lor.. no tambah another 6%

why so many confused people in /K, practice speed reading is it.
simple sentence also cant comprehend

This post has been edited by one punch man: Jan 12 2015, 11:07 PM

considering so many confused souls over the GST here I'm surprised no Malaysians has done street protests against the govt

Terima kasih BN

Good, boleh start apply bank lain

after 1st april ..all cards will change from rm50 fixed tax to gst based

let say this year march u kena rm50 gov tax

next year march u will get GST based on your annual fees

no ...

GST is charged when u purchase that item

like in UK

some item they listed price ... like 20 pounds *

if got * there ..u need to manually top up another 17 to 20% VAT = your final price

u swipe your card with that final price ..at statement there will show your final price ...wont top up another 6% anymore

if 6+6 ..i rather pay back using cash ..CC can bankrupt ..lolx

This post has been edited by fantasy1989: Jan 12 2015, 11:34 PM

if card annual feel is RM1000, then gst is RM60 (1k x 6%), so have to pay total RM1060 annually

if card annual fee is RM 0, then gst also 0, means no need to pay anything every year

betol ka?

Yes

Pretty good seeing as most cc these days can offer annual fee waiving

yes

buy item rm1000 + 6% gst = rm1060

when paying cc bill, + 6% gst to bank credit service = rm1123.60

ooo if like that means the gst 6% is counted when you renew service fees only

walao if ur credit limit is high and they charge base on credit limit.....alot of poor f***er that has high credit will kena chop kow kow

smart move. i rather hve something permanent chanrged instead of somthing so ranrem