QUOTE(JuneResources @ Aug 9 2018, 10:23 AM)
Are you sure "CC is luxury item"?
Then can I ask you if you buy a Perodua Viva vehicle, then "car consider luxury item"?
Sometimes ppl want to use CC because they currently don't have cash money inside the pocket, that's the problem they need the CC buy first pay later.
Just like your bill postpaid...
And ya, everybody don't like SST.. And the SST should let bank to resolve the amount since we swipe so many items.
I guess bank also earn profit during we swipe the items by card, even through bank give us CB.. Don't you think bank earn profit?
I won't be believe bank won't earn profit even there is a CB to us.
Credit card is always not a NEED.
Not everyone can get a credit card in this country, only 2-3 million people WANTS (ie about 10% of population) to keep at least 1 credit card.
I appreciate that those people paying CC interest to the banks so we can keep enjoying great rebates.
As we experienced before, both the banks / card issuers and the cardholders will be working to kill inactive and unproductive credit cards. In my mind, only OCBC Titanium did give RM50 credit to offset Service tax if annual spending >RM5000, Maybank only subsidised 1 of M2 cards. Don't expect too much from our banking cartel.