Some people have many credit cards, especially those without annual fees or those where annual fees can be waived easily, just in case any promo pops up
Now all those will have to be cancelled
Some have a few cards from the same bank, one for points , the other for cash back, another is store specific
sometimes cards comes bundled together
all of those will have to be cancelled.
Having 10 or more credit cards is not unusual nowadays

Most Starbucks drinkers are not old enoigh to own credit cards yet. Maybe you’re one of them?

This is why I have mostly "free for life" CC.

yup... gonna do that.... soon...

Another dumb ass, regressive move. Removing a more transparent and fairer tax for SST and now bringing back the credit card tax? Those credit card cashbacks are damn useful.

lel, CIMB charged me for a lost card

but spoke to the cs agent and they waived the fee since i was a long standing customers, though i dont know if they would do it for fee for all

Before GST time it was RM50, and normally can be waived by the bank by certain condition. Let see how it goes now.

Itu annual fee. Can be waived if you spend above certain amount

This is why I have mostly "free for life" CC.

Get with the times

Get Debit Card or Mobile Payment

Credit card > Debit Card & Mobile Payment

https://www.cnbc.com/2017/05/26/mark-cuban-...edit-cards.html

right 

Credit card encouraged people to get credited (to borrow money) unlike Debit Card or Mobile Payment, which teaches you to manage your financial wisely

I agree.
CC is for those people who know how to control their financial properly.
If cannot control, better stick to DC or Mobile Payment.